Sunday, May 1, 2011
INTRODUCTION
The reason of this trip was to develop our business idea and deep our entrepreneur knowledge. We arrived to Nicé one day earlier because we wanted to get to know Nice and Monaco. Both cities are very beautiful places. In two days we walked maybe 30 kilometers but it was really nice to see beautiful beach and fancy cars in Monaco. But as I said the main idea was to study and think the business idea further.
DAY ONE
I was little bit nervous on the first day because I did not have the preliminary material. First day's program included pricing, how to create business plan. The fact that mister Charles Lumber lectures us was pretty much already learned fact so those business terms and things just remind to my head and I started to connect them to our business plan. If you really want to know the most important thing in the lecture, it was CFIMITYM. Cash Flow Is More Important Thing Than Your Mother.
DAY TWO
I discovered that yesterday´s lecture was really hard because I was really tired. Tuesdays evening went on doing business plan and I was really tired. The second day's schedule was also busy.
Afternoons lecture were really interesting. Charles Lumbers told us about business models and strategy things. I learned that strategy decisions are very important because they rolls the business forward and hopefully in right direction. We deal in lecture few examples of strategy decisions that big companies have done. Those examples were bad and good decisions. Good decisions made money to the company and bad decisions were disasters.
In the evening Mr Charles Hamden-Turner from University of Cambridge lectured us things like what kind of human types exist and how they effects when you create a business plan.
DAY THREE
Day three was guest lecturer’s day. At first Charles Hamden-Turner told us stories of Anita Roddick, Richard Branson and Gordon Edge. Charles told us stories of those three successful business man and women. Those examples were really interesting and they inspired really to create a really good business idea which flows us to success.
At afternoon Mr. Michael Rogosin lectured us about innovation. I believe that the meaning of this lecture was to inspirited people to entrepreneurship.
DAY FOUR
Charles Lumbers lectured us about dialogue between theory and practice. The most important thing that I learned was to get known with a leaders guide map. The map shows how you have to respond to your workplace in every situation. There are 4 different situations in workplace and you have to deal them all. First category is simple, second complicated, third complex and fourth is chaotic. If you are a manager in your team you have to know what and how you have to do to make things better.
Afternoons lecture went with patents and trademarks. I don´t remember the names of afternoons visitors, but Charles Lumbers daughter was the other one and the other one was a layer from Netherlands. They told us about those patents and trademarks and then people were able to ask questions from them.
SUMMARY
The trip to Nicé was successful and a experience that I won´t forget. Lectures were brilliant and my inspiration raised again to new level. It was really shame that we thought that in Saturday there won’t be anything necessary. That’s why we booked flight to morning because it was much cheaper. I want to thank you Anna for successful trip and I hope that in future there will be also successful trips to Nicé.
By Olli
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