From Idea to Pitch: Incubating Start-Ups in Business Schools

Renee Hopkins's picture
Chat Date: 
Thu, Apr 19, 2012

This week our guest is Michael Garel of EyeQ, a startup so new it doesn't yet have a website! Michael is an MBA student at The University of Texas at Austin. He and his partner won the Texas Venture Labs Investment Competition in February, and will compete in the Global Venture Labs Investment Competition May 2-4.  Michael told me that when he took the Texas Venture Labs practicum, an MBA course at the McCombs School of Business, he had no intention of starting a business. By the time he got to the second course in the series, he had an idea and was on his way.

I will moderate the chat and Michael will be our "subject matter expert" on how business school programs such as Texas Venture Labs teach budding entrepreneurs how to find ideas, validate them, and develop them to the point where they can be pitched to investors. Your questions are welcome! I'll put a few out there to start with.

Q1: How did you move from no intention of starting a business to having an idea and the courage to get started?

Q2: What are the most important elements of a good business idea?

Q3. How did you validate the idea?

Q4. What are the most important elements of a pitch to investors?


Resources:

Texas Venture Labs on Twitter

Retail Intelligence Company EyeQ Wins Texas Venture Labs Competition

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