Effective Memo Writing for Entrepreneurs: Key Takeaways and Lessons Learned

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You will read the articles, and watch the videos, then create a short-written memo with a) one “super cool” takeaway item that you learned, b) brief introduction to the readings/videos, c) top 3 – 4 lessons learned with support and d) 1-2 sentences conclusion. Below is the memo format you will use for each submission. I suggest you use a Google Doc or MS Word document to write each brief memo. Template (1/2 – 3/4 page maximum): Memo To: Fr: YOUR NAME Date: Today’s date Re: Title of the memo Top Takeaway (most “coolest” thing that you did not know!). “My top takeaway from the readings and videos was….” One to two sentences introducing the readings and videos. Top Lessons Learned (3 – 4) Lesson 1: Name the lesson learned (in your words) in one sentence (bold it). 1-2 sentences on why this is important to you. Provide a short reference (citation) to the article/video you learned this from Lesson 2: same structure Lesson 3: same structure Conclusion/Summary: 1 – 2 sentences conclusion on the importance of this material to an entrepreneur and their learning journey. You will see the links in attached Do not use any outside source. Just look the articles and video

Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!

Step 1: Understand the Memo Format

The assignment requires you to create a concise memo based on your readings and videos. The memo should be no more than half a page to three-quarters of a page, and you should focus on the following sections:

  • Top Takeaway: Share your most exciting or surprising learning from the materials.
  • Introduction to the Readings/Videos: Give a brief overview of the materials you reviewed.
  • Top Lessons Learned: Identify 3-4 lessons, briefly summarizing each, why they matter, and referencing the source.
  • Conclusion/Summary: Wrap up with a brief statement on how this material benefits you as an entrepreneur.

Step 2: Organize Your Memo

Here’s the structure for your memo:

  1. Memo Header
    • To: (recipient, e.g., Professor Name or Instructor)
    • From: YOUR NAME
    • Date: Today’s Date
    • Re: Title of the Memo (This could reflect the main topic of the readings/videos)
  2. Top Takeaway
    • “My top takeaway from the readings and videos was….”
    • In one or two sentences, highlight the most “cool” or impactful piece of information you learned. This is the piece that stood out most to you and made you think differently.
  3. Introduction to the Readings/Videos
    • Provide a brief (1-2 sentences) overview of the content you reviewed, including what the readings or videos focused on.
  4. Top Lessons Learned (3 – 4)
    • Lesson 1: Name the lesson learned (in your words)
    • 1-2 sentences on why this lesson matters to you personally or professionally.
    • Provide a short reference (citation) to the article/video you learned this from.
    • Lesson 2: Same structure as above
    • Lesson 3: Same structure as above
    • (If you have more lessons, you can add up to 4 lessons, following the same format.)
  5. Conclusion/Summary
    • In 1-2 sentences, provide a closing thought on how this material contributes to your development as an entrepreneur and how it supports your learning journey.

Step 3: Review the Material

  • Read through the assigned articles and videos carefully.
  • Identify key points that stood out to you. Think about how these insights can help you in your career or personal development.

Step 4: Writing the Memo

  • Follow the memo format strictly.
  • Keep each section brief and to the point, focusing on your own analysis of the content.
  • Ensure you cite the article/video correctly, but don’t use outside sources. Stick only to the materials assigned.

Step 5: Proofread and Submit

  • Once the memo is complete, proofread it to ensure it’s clear and concise.
  • Check for grammatical errors and ensure the memo follows the correct structure.
  • Submit it to your instructor as required.

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