IMPACT method Entrepreneurship - A step-by-step process to start a new business

Introduction:

IMPACT method is a step-by-step process to start a new business. This method combines 04 basics steps to start a business. These 04 steps are –

Developing the business Idea
Designing the business Model
Preparing the business Plan and
Implementing business Actions

In short this 04 steps are described as Idea, Model, Plan & actions, and these 04 terms abbreviated as I-M-P-Act, and so this method is called IMPACT method.

Objectives:

IMPACT training is a 64 hours long coaching cum training through which participants will be able to learn and be able to execute all 04 steps of IMPACT method to start a business. By this training participants will learn and be able to use all the different tools and techniques which is required for them to accomplish all the 04 steps.

Structure of IMPACT method

IMPACT training is structured in 04 modules – 01 modules for 01 steps of IMPACT method. Then Each module comprises of 04 sessions, so all together this training will be completed in 16 coaching sessions. Each session is a combination of 2 hours training (either face-to-face or online) and another 2 hours of homework. So the total duration of the training 64 hours of engagement.

Module-1: Developing a business Idea

Module-2: Designing a business Model

Module-3: Preparing a business Plan

Module-4: Implementing business Actions

Session-1: Get ready to start!

Session-2: Business idea generation techniques

Session-3: 3 key business idea analysis tools – PESTEL, Porter’s five-force analysis and SWOT analysis.

Session-4: Selecting the right business.

Session-5: Designing the first product/services and its value proposition.

Session-6: Designing the first business model.

Session-7: Business Model Innovation

Session-8: Designing business model (Cont.)

Session-9:

Structure of a written business Plan and its key components.

Session-10: Business Plan writing (marketing plan, production plan, administrative plan etc.)

Session-11: Preparing financial plan of a business.

Session-12: Review the business plan

Session-13: Mobilizing key resources for business.

Session-14: Setting up business

Session-15: First sale and way forward.

Session-16: Progress Monitoring and evaluation of business.

Who should Attend?

A youth who wants to be an entrepreneur.
An early stage entrepreneur.
A trainer who coach entrepreneurs and youth.
A professional who manage business development in his organization.

Training Options

I-Entreprene has following two options for delivering the IMPACT training. Depending on learning styles and convenience entrepreneur can chose any of the options.

Instructor-led online training

Completed in 16 classes
1 session in each class
To be completed within max. 3 months duration

Open-entry public training offered periodically by I-Entreprene.

Multi-phases workshops

Completed in 2 phases; 08 IMPACT session in 01 phases
Each workshop is 03 daylong.
There should be minimum 01 week of duration between the two phases.

Conducted for employee or beneficiary of the organization at their venue.

Upcoming Training

IMPACT Method Entrepreneurship Training -1st Cohort: Coming soon

About Trainer(s)

Kamalendu Das

MDM, ADB Scholar

Principal Trainer, I-Entreprene

Former Micro-enterprise Development Specialist at Plan International

Former Socio Economic Expert at UNDP

IMPACT Training