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The Miami Method · Venture Mode

AI accelerates every step. Judgment governs every step.

The Miami Method is how the Business School teaches structured problem solving. In a venture, the problem is not handed to you — it has to be found. These are the same six steps, run in discovery mode.

AI accelerates

Compresses the work — synthesis, modeling, building, stress-testing.

Judgment governs

Decides what the work means, and what to do about it.

01

The six steps in venture mode

In a venture the first four steps are a design thinking loop — empathize, define, ideate, prototype, test. The last two are where the loop stops and someone has to commit.

1

Frame the Problem

Whose pain is this, and will anyone pay to remove it?

Empathize → Define

AI accelerates

Synthesizes hundreds of interviews and market signals into candidate pain points in hours.

Judgment governs

AI can cluster complaints. Only a founder decides which pain is worth a company.

Primary inStartup Lab I · Elevator Pitch  |  supporting: Hackathon, Startup Lab II, Business Plan Competition

2

Decompose the System

What must be true for this to work — unit economics, value chain, who must say yes?

Define → Reframe

AI accelerates

Generates system maps, competitor teardowns, and market-sizing scaffolds.

Judgment governs

Which constraint is actually binding — and which assumption would kill us.

Primary inStartup Lab II · Business Plan Competition  |  supporting: Startup Lab I

3

Select the Right Tools

What is the cheapest experiment that could prove us wrong?

Ideate

AI accelerates

Proposes experiment designs and generates testable variants at scale.

Judgment governs

Sequencing risk: testing the assumption that matters, not the one that is easy.

Primary inStartup Lab I · Startup Lab II · Hackathon  |  supporting: Business Plan Competition

4

Analyze & Model

Build it, and put it in front of real users.

Prototype → Test

AI accelerates

Builds the prototype itself. AI has collapsed the cost of a working MVP toward zero.

Judgment governs

Telling real evidence from politeness; refusing to over-read a sample of twelve.

Primary inStartup Lab I · Startup Lab II · Hackathon  |  supporting: Demo Day

5

Synthesize Insights

Pivot or persevere?

Test → Iterate

AI accelerates

Pattern-finds across experiments and surfaces contradictions in the evidence.

Judgment governs

Signal versus noise, and naming the uncertainty that cannot be resolved before committing.

Primary inStartup Lab I · Startup Lab II · Business Plan Competition  |  supporting: Hackathon, Elevator Pitch, Demo Day

6

Decide & Defend

Commit — and pitch it.

Where the loop stops

AI accelerates

Red-teams the pitch, stress-tests objections, models downside scenarios.

Judgment governs

Accountability. Investors and mentors back founders, not models.

Primary inStartup Lab I · Startup Lab II · Elevator Pitch · Business Plan Competition · Demo Day  |  supporting: Hackathon

The through-line

Entrepreneurship is centered on human judgment, creativity, leadership, and execution.

The Miami Method teaches students how to identify opportunities, evaluate risks, test assumptions, and build sustainable ventures. AI tools enhance the learning process, but they do not change who is accountable for the decision. Graduates leave knowing when to trust a model — and how to defend a decision that goes against one.

02

Where the Miami Method sits within the Entrepreneurship Learning Path

No matter where you are on your entrepreneurship journey, our courses, competitions, and events are designed to help you benefit from the Miami Method. Students can engage with classes, programs, and events at multiple stages, and build a learning path that aligns with their goals, interests, and venture development needs.

Each row below is one course, competition, program, or event. Each column is one of the six method steps. A tile shows whether that step is where the offering does its primary work, something it touches in support, or outside its scope.

PrimarySupportingNot in scope

Every filled tile is orange over green, because the chart also shows how each offering combines entrepreneurial decision-making with modern AI tools. Technology can accelerate research, analysis, and execution, but entrepreneurs remain responsible for making informed business decisions. The goal is to teach students how to use AI while developing the critical thinking required to build successful ventures.

1Frame
2Decompose
3Select tools
4Analyze
5Synthesize
6Decide

Pass one · Discovery

Startup Lab I

Course · MGT 253 · Fall and Spring

Identify, validate, and refine a startup idea, then build an MVP and test it on customers who were not asked to be nice.

Primary method stages: 1, 3–6

Pass two · Sell, scale, grow

Startup Lab II

Course · MGT 354 · Fall and Spring

The customer is known; the constraint is growth. Build out the business model, the unit economics, and the value chain.

Primary method stages: 2–6

Hackathon

Event · Spring

A weekend alongside the School of Engineering. A problem is chosen in the first hours, then it is all approach and build.

Primary method stages: 3, 4

Elevator Pitch Competition

Competition · Fall

A short pitch to external judges forces the two hardest steps together: name the problem, and commit to a recommendation.

Primary method stages: 1, 6

Business Plan Competition

Competition · Spring

Decompose the business, synthesize what the evidence says, and defend it to judges who will find the weak assumption.

Primary method stages: 2, 5, 6

Demo Day

Event · Fall and Spring

The event each Startup Lab section ends in. The build and the evidence are done; what is on trial is the ask.

Primary method stages: 6

Across all six steps

Mentor Network

Founders and operators who have made these calls before — and can tell you when to override the model.

The judgment layer

Judgment layer · every step

Entrepreneurship Board

Governance and ecosystem access. Opens doors across Miami and holds the program to a standard.

Governance

Spans the program

Scaling is not a seventh step. It is the same six steps run a second time, on a different problem — the constraint is no longer “does anyone want this” but “what stops this from repeating.” Lab I is heavy on framing and light on system economics. Lab II is the exact reverse. That is what a method being transferable actually looks like.

Courses carry their own prerequisites and sequence — Lab II follows Lab I for a reason. What does not change is the method underneath them: wherever you are in the program, you are working the same six steps and using the same language as everyone else in the room.

03

Why this holds when the tools change

While technology continues to evolve, the principles of entrepreneurship remain consistent. Students learn how to identify customer needs, develop business models, test assumptions, evaluate opportunities, and create sustainable ventures. Emerging tools may change how work is completed, but the core entrepreneurial skills remain essential.

CLAIM 01

The specific tools you learn this year may look very different by the time you graduate. Technologies will change, but entrepreneurship will not.

Knowing how to identify opportunities, understand customers, and make sound business decisions is what compounds over time. That is the value of a method, and why we teach one rather than a collection of tools.

CLAIM 02

Building used to be the bottleneck. Today, ideas can be tested, prototypes can be created, and products can be launched faster than ever before.

When execution becomes easier, success depends even more on choosing the right problem, validating real customer needs, and building a sustainable business model. That is where students spend their time in the Miami Method.