The Entrepreneurship Game is a multi-session simulation in which students work in teams and take on the role of a founding team of a startup, and experience the challenges of leading a business to success. Students will make key decisions that will affect the future of the startup: they will need to persuade customers to buy their product; conduct business experiments; and find investors to fund their venture - all while managing key elements of hiring, finance, and marketing. The challenges are realistic and engaging, drawn from the experiences of successful founders of startup companies and the latest research.
The Entrepreneurship Game is like a flight simulator for founders– giving your students a chance to learn hard-won lessons before they encounter them in real life.
Company: Wharton Interactive
Approximate price: Unknown
Playtime: 22 hours
Learning objectives: Building a founding team: equity agreements, team dynamics, chartering Financing a venture: cash flow, funding choices, terms, sources of capital Business experiments: data gathering, hypothesis testing, pivoting Hiring and scaling: candidate screening, interviewing, selection Sales and marketing: selecting product features, securing sales, selecting key customers Negotiations: establishing positions, analyzing bargaining power, conducting high-stakes negotiations Pitching and persuasion: building pitch decks, giving elevator pitches, explaining a startup Leadership: inspiring a team, avoiding common pitfalls, achieving consensus
Link to simulation home page: https://interactive.wharton.upenn.edu/experiences/entrepreneurship-game/