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Data Science, global business, management and MBA

Entries from 2022-09-01 to 1 month

Day 54 in MIT Sloan Fellows Class 2023, New Enterprises 3, Dollar Shave Club

Power of viral video www.youtube.com Dollar shave club is the brand all the people in the marketing industry know. However, no one knows why it is excellent and why it is not worth. This video cost just $4500 and generated countless leads …

Day 53 in MIT Sloan Fellows Class 2023, Advanced Data Analytics and Machine Learning in Finance 3, Basis of NLP

NLP = playing with unstructured string data String data is super messy. Before running ML or advanced analytics, we need to cleanse data. Encoding is another tricky issue in text data analysis. Remember, Emoji. We need to understand ASCII …

Day 52 in MIT Sloan Fellows Class 2023, Entrepreneurial Negotiation2, Mutual gains approach to negotiation

4 steps to get great outcomes PREPARE CREATE VALUE DISTRIBUTE VALUE FOLLOW THROUGH 1. PREPARE Clarify your mandate and define your team Estimate Best Alternative to Negotiated Agreements(BATNA) yours and theirs Know your own interests and …

Day 51 in MIT Sloan Fellows Class 2023, Entrepreneurial Sales 3, Partnership

Facts about sales through partnership ~80% of B2B companies leverage partnerships Partners can boost your entire GTM engines Partners really cares about technical support and reliability of product Many good partnerships have 30,60,90 days…

Day 50 in MIT Sloan Fellows Class 2023, Financial Management 1, How to read accounting information

This course is exploring how bankers and companies think about finance and how to make a decision from various financial information. Most classes have case studies and assignments. It is our core and quite intensive program. Ratio Analysi…

Day 49 in MIT Sloan Fellows Class 2023, Advanced Data Analytics and Machine Learning in Finance 2, Confusion matrix

The confusion matrix is super confusing. https://www.researchgate.net/figure/Confusion-matrix-and-performance-equations-The-confusion-matrix-included-four_fig1_340034692 Everytime I forget the definition of TP, FP, etc, and metrics as well…

Day 48 in MIT Sloan Fellows Class 2023, New Enterprises 2, Primary Market Research

What is Primary Market Research In 24 steps in the disciplined entrepreneurship program, the first step is market segmentation. We brainstorm potential markets and get more insights about segmentation. WHO IS YOUR CUSTOMER? WHY THEY PAY FO…

Day 47 in MIT Sloan Fellows Class 2023, Advanced Data Analytics and Machine Learning in Finance 1, Fundamental ML

Categories of ML Supervised vs Unsupervised Model based vs instance based Online vs Offline Supervised vs Unsupervised Supervised MLLearning a mapping of inputs to outputs. We have examples of both and we find algorithms that can lean this…

Day 46 in MIT Sloan Fellows Class 2023, Entrepreneurial Negotiation1, Negotiation Basics

Entrepreneurial Negotiation is basically about negotiation, but it is focusing on startup negotiation. Why is it so specific to startup negotiation? Because startup landscapes is massively different from other negotiations. They don't have…

Day 45 in MIT Sloan Fellows Class 2023, Managerial Finance2, NPV & Some terminologies

Time Value of Money(TVM) This is about the time value of money. To compute the present value of a future cashflow, we have to discount it. To compute the future value of a present cashflow, we have to compound it. Discount rate(r) Discount…

Day 44 in MIT Sloan Fellows Class 2023, Entrepreneurial Sales 2, Four Sales Motions

CAC and LTV CAC(Customer acquisition cost) and LTV(Live time value) are the most important financial metrics to measure your GTM strategy. GTM strategies are no longer funnel structure, it would be 4 different looping process. Lead Qualifi…

Day 43 in MIT Sloan Fellows Class 2023, Learning from cohort 5 , how to write your pitch

Background He is alumnus of Ycombinator and we were in the same study group. He is a really good person and understands how startup works. TAM One of his advice is the size of TAM. Let's aim over 10B market because market share doesn't mat…

Day 42 in MIT Sloan Fellows Class 2023, Entrepreneurial Sales and New Enterprise 1, How startups fail

Disciplined entrepreneurship ビジネス・クリエーション! ---アイデアや技術から新しい製品・サービスを創る24ステップ 作者:ビル・オーレット ダイヤモンド社 Amazon The professor of New Enterprises is Bill Aulet, one of the most famous professors …

Day 41 in MIT Sloan Fellows Class 2023, Managerial Finance1 - What is "Finance"? What is the purpose of Finance in business decision?

What is the finance? The way in which money is used and handled; especially: the way in which large amounts of money are used and handled by governments and companies Merriam-Webster Large amount sounds very subjective, but finance is a li…

Day 40 in MIT Sloan Fellows Class 2023, Fall term Day 1 : learning plan

Today is the first day of my fall term and I will take 66 units( max of available units for me) of lectures this fall term. My learning pillars I developed my data science skills and communication skills in multicultural circumstances, but…

Day 39 in MIT Sloan Fellows Class 2023, Leadership learning from cohorts - 6 Entrepreneurial mindset

Diving into the entrepreneurial world I decided to dive into the entrepreneurial world as an experiment because I have been really interested in this field, and some ideas came to mind after staying here at MIT. Undoubtedly, MIT is one of …