Overview: Personal Business Plan (PBP)

The innovation and entrepreneurial processes covered in this course are as applicable to a person’s life as they are to creating a company. For our final project, we will explore how entrepreneurship and innovation play a role in your career path or personal path over the next 3 – 5 years. The goal of this assignment is to identify where are, where you want to be, and the many possible ways you might design a life you enjoy . Do not worry about your current resources. Think entrepreneurially.

Your PBP is an individual assignment. For your PBP, you will evaluate where you are now and then explore multiple possible lifeplans that include your Vision and Opportunities, Marketing and Implementation Strategy, Risks and Mitigation, and Personal “Board of Directors”.
IMPORTANT: This is not a business plan for a business to be opened in the future: it is about you and your future potential. There is always at least one student who writes a business plan, do not be that student.
For this project, you will need to:
● apply an entrepreneurial lens to your future plans
● evaluate where you currently are
● develop and compare a workview and lifeview
● identify activities that capture your interests
● prototype three possible life plans
● share and get feedback from your colleagues on your PBP.
You can choose the format for your personal business plan. You can do a TED-style talk, podcast, a Mural board, a graphic novel, a stop-motion film, or just a traditional report. Whatever format you choose, it should follow the conventions of that format and have all the required PBP content.
Required PBP Content Checklist
Part 1 – Vision and opportunity
● Work/play/love/health dashboard with a short description of why you have assessed them that way.
● Workview statement (200 words or fewer)
● Lifeview statement (200 words or fewer)
● Coherency statement (comparison of workview and lifeview)

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