1. DECA GOES LEAN IN ENTREPRENEURSHIP

2. At the conclusion of this session, you will be able to:
Explain the components of the lean business model canvas
Identify resources to help you teach the various components of the lean business model
Examine the similarities and differences between each of DECA’s Entrepreneurship Events
Plan how to integrate DECA’s Entrepreneurship Events into your courses and programs of study.

3. Why is DECA Changing its Entrepreneurship Events?
DECA strives to be on the cutting edge of industry trends.
Input from NAB and other experts suggested DECA’s business plan outlines were dated.

4. Why Lean Business Model?
Lean Business Model/Lean Start-up is trending upward very quickly
Constructing the original business model concept on a single sheet of paper before filling in details is becoming a common practice

5. Lean Business Model Canvas

6. List the top three problems your product/service is addressing

7. Who are the target customers?
Customer Segments
Who are the target customers?

8. Unique Value Proposition
What is the single, clear, compelling message that states why your product/service is different and worth buying?

9. What are the top three features of your product/service?
Solution
What are the top three features of your product/service?

10. What are the pathways to customers?
Channels
What are the pathways to customers?

11. Revenue Streams
What is the revenue model, the life time values, the revenue, the gross margin?

12. Cost Structure
What are the customer acquisition costs, distribution costs, human resources costs, additional costs?

13. What are the key activities that must be measured?
Key Metrics
What are the key activities that must be measured?

14. Competitive Advantage
What about your product/service means that it cannot be easily copied or bought?

15. Which Events Use Which Parts of the Lean Canvas?

16. What about Business Growth Plan?
DECA’s Business Growth Plan (EBG) does not follow the lean start-up methodology and terminology – it utilizes a unique outline focused on assessing how an existing business can grow and expand.

17. What about Franchise Business Plan?
DECA’s Franchise Business Plan (EFB) does not follow the lean start-up methodology and terminology – it utilizes the Small Business Administration (SBA) business model and terminology.

18. Resources

19. Summary
DECA’s Entrepreneurship Events now use outlines which embrace the lean business modeling approach to entrepreneurship
Lots of resources exist to help you learn more