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Session 1- REDF Accelerator

Session 1- REDF Accelerator. Unpacking Hypotheses. We’re all social enterprises. Cross-sector and cross-industry solutions to a shared challenge A blend of legal structures Earned income as measure of growth Multi-disciplinary curriculum and tools Convening power of REDF.

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Session 1- REDF Accelerator

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  1. Session 1- REDF Accelerator Unpacking Hypotheses

  2. We’re all social enterprises. • Cross-sector and cross-industry solutions to a shared challenge • A blend of legal structures • Earned income as measure of growth • Multi-disciplinary curriculum and tools • Convening power of REDF We all have hidden talents.

  3. Session 1: Getting real • Unpacking core hypotheses • Experiment design • Session 2: Story telling • Authentic communication • Enrolling customers, funders, and talent • Session 3: Scale and transformation • Predictable and repeatable revenue for the purpose of social impact Where we’re going

  4. The growth mindset • The power of peers • Tools: • The Impact Canvas • Design Thinking & Human Centered Design • LEAN decision making • Authentic voice • Experimentation for scale Core Accelerator Themes

  5. Be present, but step out when you need to • Be unreasonable. Take risks. Solicit feedback. • Take care of your best customer (you!) • Stay connected to each other • Build on diversity • Ask for help, and be generous with others • Embrace the science, relish in the art • Ask questions; guard perception and reality What we expect of each other

  6. “Your success as an entrepreneur is directly predicated on someone else’s ability to quickly and accurately communicate what you do and why it’s important.” Venture Demos & Pitchbacks

  7. 60 seconds: • WHY did you create your product / service? (The problem) • So WHAT? (What does it do?) • HOW does work / HOW is it used? Venture Demos & Pitchbacks

  8. CivicX Feedback Model: • I like….(+) • I wish…. () • I wonder… (?) Venture Demos & Pitchbacks

  9. 20 mins: Collect and digest feedback • Small groups (7 min per team): • Reflect on feedback; clarify unanswered questions • Iterate on your introduction; practice with peers • Repeat for groups 2 and 3 • Update Your Venture’s Dashboard • Return to group for pitch-backs Venture Demos & Pitch-backs - ACTIVITY

  10. Two Operating Assumptions: • More than fear of failure, we often underestimate the potential of our staff / networks / friends / family / supporters • People underestimate by as much as 50% the willingness of others to help • The more you ask for, the more you get • Anchoring as a negotiation tool Daring Greatly

  11. “Only those who dare to fail greatly can ever achieve greatly” – Robert F. Kennedy • “Far better is it to dare mighty things, to win glorious triumphs, even though checked by failure...than to rank with those poor spirits who neither enjoy much nor suffer much, because they live in a gray  twilight that  knows  not  victory  nor defeat.” --Theodore Roosevelt Daring Greatly

  12. What are you avoiding? What you happen if you ran toward the things that, if achieved, would markedly impact the trajectory of your venture for the better? • List 3 – 5 tasks / asks / to-do’s / challenges that are holding space in the back of your mind. • Criteria: • If successful, this would significantly impact your venture • Likely being avoided for reasons of fear, procrastination, vulnerability, or under-estimation. • Something you can take immediate action around (first steps) starting this week Daring Greatly – THE GAME

  13. What are you avoiding? What you happen if you ran toward the things that, if achieved, would markedly impact the trajectory of your venture for the better? • List 3 – 5 tasks / asks / to-do’s / challenges that are holding space in the back of your mind. • Criteria: • If successful, this would significantly impact your venture • Likely being avoided for reasons of fear, procrastination, vulnerability, or under-estimation. • Something you can take immediate action around (first steps) starting this week Daring Greatly – THE GAME

  14. Pick ONEDare to share with the cohort • What is the dare? (What do you want to achieve?) • What is the first step required to attempt this dare? • Dares will be refined throughout the week and committed to on Friday • Dares must pass the peer test: • Can it be measured? (Will we know if they attempted or not?) • Is it bold (truly high stakes?) Daring Greatly – THE GAME

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