Thanks! Keep up the good work!
Stephen Darori … developer of the Threshold Technology Curve Model
Threshold Technology Curve Model for start ups and investors was developed for a post graduate degree at the LSE by Stephen Darori. Over 6000 startups currently use this model free of charge despite 12 registered patents and exponentially many more from the PCT patent process started in 2010 . The patents were the second batch registered after eBay’s on line auction patents registered in terms of the Supreme Court Case Bilski versus Kappos . The Model has in the last 14 years resulted in over 600 exits.
Stephen Darori actively works with new entrepreneurs to develop their business plans and marketing strategy and raises early stage funding matched more funding from his own resources.
What follows is a Recommendation Stephen Darori received on Linkedin that partly describes the Model ….two key elements missing are that the model calls for the earliest possible commercialization of a technology and the use of partners to change the direction of a technologies development if necessary…. equally ….while not always … early stage finance is placed in an escrow account and released per cash budgets submitted by the founding entrepreneurs … the escrow account legal is owned by the start up but the process agreed to by most founders disciplines founders and introduces controls that impress investors when new rounds of finance are required …. the model also advocated that founders with technical skills remain in R & D until the start up exits … at the right time a start up will hire an experience “adult” CEO and as it goes global will establish a Marketing Team on the East Coast of the US using a surplus of excellent IVY and McKinsley & Co trained Marketing Specialists
” Stephen Darori has a wide and rich experience in turning new technologies into viable start ups . He provide leadership and value for preseed and seed stage start up by leveraging his analytical, management, and organizational skills and and strategic planning but most of all his Threshold Curve Model which addresses directly what VC’s want to see in Business and Marketing plans and especially R & D Strategy and Plans . The Model among other things calls for the early commercialization of the technology with a revenue flow and outsourcing the entire Management and Site Services function with Marketing overlapping into R & D initially .The model also recommends that the Entrepreneurs remain in R & D and when the time is right appoint experienced Management ( CEO , Marketing Manager etc). This strategy proved exceptionally well with the recent Waze Exit to Google and is used currently by many other companies that could in the foreseeable future reach an exit. It is also a viewed very positively by early investors. Stephen has assisted many 100’s of young entrepreneurs ( often straight out of college) to turn their new technologies into a marketable business model and raise Angel, Seed and even first round finance He is quick to learn, understand and gain expertise in new technologies and variations of existing ones.. His business models and development plans and especially his marketing plans for new technologies and even variations of existing technologies are often unexpected and ” out of the box” thinking. With all Business and Marketing plans , Stephen includes Benchmarks and a Balance Scoreboard that helps companies execute strategy and ensure the correct plans are in place to deliver the strategies He is a great and patient mentor to young entrepreneurs both in Israel and the UK,”
How To Get Half Of A Wharton Education For Free
This week, Wharton announced that it would be the first business school to offer much of the substantive core of its MBA program online for free. If you have a whole lot of time on your hands, you can get a large hunk of the education that MBA students pick up, and instead of paying six figures, you’ll pay nothing.
In addition to the five electives already offered through the Coursera platform, Wharton is offering what it’s calling the “Foundation” series, made up of introductory courses in financial accounting, operations management, marketing, and corporate finance, taught by some of its best-known and most senior professors.
The courses are made up of a series of pre-recorded lectures and interactive exercises. They range in length from six to 10 weeks, and take an estimated five to eight hours a week each. Students can already enroll in the accounting course, and the other three start in staggered two-week intervals. The next to begin will be operations management on September 30th.
Don Huesman, the managing director of Wharton’s innovation group, told Bloomberg Businessweek that those four courses alone would replicate much of what a first-year student learns. Wharton students who actually make it through the school’s rigorous admissions process are required to take nine core courses, four of which are now available online, and six electives.
The online versions replicate the content of the courses so well that some professors are asking students to watch the Massively Open Online Course (MOOC) versions of the lectures ahead of time so the in-class time can focus on discussion.
Students can simply watch the courses casually without additional work, but there are integrated quizzes, readings, homework assignments, and final exams for the more committed. Coursera also gives the option of paying $49 to enroll in a “signature track,” which give students a verifiable online certificate for completing the course should they meet the course’s standards.
Enrolling in the free track takes just a name, an email, a password, and agreeing to Coursera’s honor code. Someone looking to take their first MOOC might want to consider the marketing course. It’s one of the less time intensive classes, and is team taught by the three of Wharton’s top marketing professors, from a department ranked as one of the world’s best.
After signing up for the accounting course, I immediately got access to the first week’s videos, lecture slides, homework, and a forum where students discuss the course and ask questions.
Required core courses for a Wharton MBA that are missing from Coursera include an introductory macroeconomics course and regression analysis, a statistics course for future managers. But an enterprising student could fill that skills gap with MIT’s highly regarded and popular introductory microeconomics course and Coursera’s data analysis course from Johns Hopkins.
You’d still be missing the networking opportunities, career services support, alumni network, and the prestige of the degree, but a dedicated student can pick up a lot of the practical skills a business requires.
Why is Wharton giving this away? While students get access to high-quality education, Wharton gets to present its best face to hundreds of thousands of people that only vaguely know it. They’ve already reached more people with the five existing courses than the school has educated in more than a century of existence.
You can’t earn Wharton credit by taking the free courses, but a future student could potentially use them to test out of the core classes and spend more time on advanced and career-specific studies, according to Huesman.
The issue that providers of online courses and the schools that provide the content face is how to get employers to appreciate the effort people put into these courses, and verify that students have put in the work in a rigorous way.
Though there are already highly successful online degree-granting programs, they’re far less open, more expensive, and require more of a time commitment, which excludes many people. Hundreds of thousands of people have taken Wharton’s online courses, and thousands more will take these new offerings, but it’s hard to prove to a potential employer that you’ve picked up Wharton-caliber skills from them.