Course: an Israeli Survival Toolbox for Startups
COVID-19 has taken all start-ups by surprise. However, it is the start-ups ability to respond to these kinds of external shocks that separates the top performing start-ups from the rest. Israeli start-ups are hitting another year of record funding and growth, indicating crisis resilience.
The Innovation Centre in Tel Aviv created a highly concise and practical course based on a deep dive into how Israeli start-ups deal with crises. In this course, we will give your startup new tools to be more resilient when crises hit and inspire them to apply Israeli start-up methodologies.
The course will run over two half-days and is free.
When: Day 1, May 11 from 14:00-18:00. Day 2, May 12, 8:30-15:00
Apply before May 11!
If you want to participate or have questions, send an email to Lasse Vinther-Grønning, Innovation Centre Denmark in Tel Aviv: lasgro@um.dk
The course is funded by the Danish Industry Foundation (Industriens Fond) through the Genstart Nu initiative.
Course outlay:
Session #1: Building for a global enterprise from day one like an Israeli
Becoming a Master of your Domain – validating our assumptions in a global market framework.
Learning outcomes:
Calculating your main market metrics and mapping your competitive landscape
Creating a competitor’s analysis table and a market landscape map
Session #2: Gearing up with ‘Armor’ before setting sail on the startup journey
Forming an unstoppable team and building a community of mentors
How to select, communicate and engage with global stakeholders to maximize value.
Learning outcomes:
Building profile for your ideal co-founders
Create a structured process to on-board co-founders
Build your network and CRM and meet your network goals
Session #3: Velocity as a perpetual vaccine to a crisis
Work methodologies to increase your speed and performance
Hacking your productivity
Moves to survive (&thrive) in a downturn
Learning outcomes:
Internalize the importance of velocity as core values in building a startup
Master the ‘Risky Assumptions’ matrix as an Israeli
Evaluate your own productivity habits
Session #4: Readjusting strategy for drastic market changes
Managing Breaking Points
Responding quickly thinking through scenarios – analysing recovery scenarios
Learning outcomes:
Identify breaking points and rapidly develop solutions to crises
Map realistic scenarios to operate in a crisis
Session #5: Pivot arsenals for coping with new realities
How to run your startup in a recession
Analyzing and managing churn during economic downturns
Learning outcome:
Prevent churn and turn things around
Session #6: Fundraising during uncertain times
How to close a funding round in a virtual world
Building trust with investors
Venture capital due diligence: for the market test
Best practices to startup fundraising in a “pandemic” world
Learning outcomes:
Israeli pitching techniques
How to evoke investor trust
Communicate the crises to your advantage