TELLURIDE

2024 DATES
Aug 5-Aug 9

SLIDING SCALE
MAX TUITION
$1000

This summer, Hudson Lab Ventures is thrilled to partner with Pinhead Institute in Telluride, Colorado. We’ll work with local students to design innovative businesses to solve a real-world challenge sponsored by a real company or organization.

 

The Process.

1. Discovery

The first step in Applied Entrepreneurship is to understand your user and their problem. Using the Design Thinking process, dig deep into the psychology of the users’ unmet need, job to be done, or desired outcome. Apply your insights and creativity to craft a solution, and then communicate your idea effectively.

 

2. Opportunity Identification

One of the most important decisions you make as an entrepreneur is who you choose to work with! Once teams are chosen, work with your team, a mentor, a designer and an Executive Advisor to design your business and build out a compelling pitch deck that addresses your user’s problem.

 

3. Pitch

Pitch your business idea to the very executives working on the challenges you’re addressing.

 

The Learnings.

  • Before you set out to complete any task, ensure you’re solving the right problem. Next, consider how you’re framing the problem. (Thomas Wedell-Wedellsbourg) Welcome to management-level thinking.

  • Whether you like it or not, to sell is human… so start practicing now while the stakes are low. You’ll have to pitch your business idea, pitch yourself as a worthy team member, and then pitch your business to the executives.

  • The beginning of every business opportunity is identifying the unmet need in the market, whether it is a problem not currently solved or the potential for a change in consumption.

  • Put simply, this is how you plan for your business to make money. If you want to go deeper, a business model is “a set of assumptions or hypotheses” (Alex Osterwalder) around the key resources and activities of your value chain in addition to your value proposition, customer relationships, channels, customer segments, cost structures, and revenue streams. When you’ve mastered all that, you win an MBA nerd badge.

  • When you’re an Achievement Robot, team projects are the absolute worst because your grades will not suffer from slackers!!! The dirty disconnect between school and work is that you have to actually work well with other people to achieve anything worthwhile. The happiest most successful people understand what they’re good at and where their shortcomings lie, and they form teams with people who have complementary strengths.

  • Once you’ve been through one session of Hudson Lab Ventures, you can apply to become an HLV Student Lead, where you practice your leadership skills as an innovator.

Program Details


Dates:
Aug 5-Aug 9, 2024 from 9:30am-4:30pm

Location: Pinhead Institute
in Telluride, CO

Eligibility: High school students (including rising 9th graders and graduated seniors) who are able to commute to the program location

Pricing: We are committed to making our program accessible to all students and reserve seats for students with financial needs. Tuition is sliding scale with a maximum cost of $1000.

Application Process: Please register at Pinhead Institute