BENEFITS
EACH TiE YOUNG ENTREPRENEUR HAS THE OPPORTUNITY TO
TYE CURRICULUM
TYE Global recommends a Course Curriculum that spans 9 months, from September to April of the next year (check with your local chapter for the specific dates). The Curriculum incorporates both theory and practical aspects of learning about entrepreneurship. It culminates with a Global Entrepreneurship Competition at the end of the school year, in June.
Students learn about Design Thinking, which provides a solution-based approach to solving problems. It’s extremely useful in tackling complex problems that are ill-defined or unknown, by understanding the human needs involved, re-framing the problem in human-centric ways, creating many ideas in brainstorming sessions, and adopting a hands-on approach in prototyping and testing.
The lean canvas model is a business model template that allows you to organize your business plan logically. Typically used for startups, the lean canvas business model has 9 building blocks: Unique Value Proposition, Unfair advantage, Channels, Customer Segmentation, Problem, Solution, Key Metrics, Cost Structure, and Revenue Streams.
The program starts with 8 sessions on Entrepreneurship and Leadership. The students then brainstorm an idea and prepare for a Global Entrepreneurship Competition under the guidance of an expert mentor. Teams first compete at the regional level, and the winning team gets the opportunity to compete in the TYE Global Finals for cash prizes and recognition.
The first part of the program is focused on the professional development of each participant. By starting with the development of the individual before the ongoing development of the companies, each participant can nurture a professional persona that they can leverage during the program.
Professional Communication
Creating a LinkedIn profile
Conducting an informational interview
Building a professional network
The program then enters a stage where participants pitch ideas, form teams and build companies. By leveraging the experiential learning environment created by building a company, participants grow their professional competencies while also taking an idea and creating a viable startup. The finalized curriculum and dates for each cycle are announced at the beginning of the program year and past topics have included:
What is a Good Business Opportunity?
PHASE 1:
The TYE Program has been preparing the next generation of young leaders for over 15 years. The program has impacted over 15,000 high school students from 25 chapters around the world. It provides a stepping stone for students to develop a growth mindset and experience the startup world.
Phase 1 Workshop Topics:
- Introduction to Entrepreneurship
- What is entrepreneurship, what to expect from the journey and what tools to help you along the way?
- Bugs and Passion
- Identify things that are bothersome (bugs) and connect them with your passions.
- Customer Empathy and Design Thinking
- What is Design Thinking, why it is important and how to use it to solve a “bug”.
- Rapid Prototyping
- What is Rapid Prototyping, why it is important and how to research and validate an idea.
- Skills Assessment & Team Building
- Access skills and identify skills needed to create a successful team.
- Startup Math
- How companies acquire revenue.
- Lean Canvas
- What is a lean canvas, why it is important and how it is used?
- Presentation Skills
PHASE 2:
Implement the skills learned in Phase 2 to create products or services that can be turned into business ventures. Students hone in on their presentation skills and develop prototypes to compete in the Regional and Global Competitions.
During these sessions, the teams will formalize their business concepts, validate their products and/or services and create a prototype with help from experienced mentors. They will also work on putting together presentations that describe their concepts in great detail.
Phase 2 Workshop Topics:
- Team Contracts & Roles and Expectations
- Design Thinking & Product Market Fit
- Customer Interviews/Validation
- Minimum Viable Product (MVP) & Product Development
- Business & Financial Modeling
- Tying It All Together & Storytelling
- Presentation Practice
PHASE 3:
The winning team from the regional competition will get the opportunity to compete in the TiE Young Entrepreneurs Global Competition. Phase 3 workshops will be dedicated to getting the team prepared.