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Showing posts from October, 2021

Blog #4: Business Model Canvas

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  As you can see, business model canvas helps visualize what is important and forces users to address key areas. It can also be used by a team, the employees and others to understand relationships and reach agreements right? In other words, it is a business tool to visualise all the building blocks when you want to start a business, including customers.  Apparently, A Business Model Canvas has an understood segments such as; Key Partners, Key Activities, Key Resources, Value Propositions, Customer Relationships, Channels, Customer Segments, Cost Structure, and Revenue Streams. And making it with my groupmates, we have learn how It helps communicate to clients why they should do business with you. On how the business connects to the customers. And that communication is one of the key factor to achieve or build an organize business.

Blog#3: Rejection Therapy and Empathy Map

      This past few weeks, we have done the activities which are the empathy map and rejection therapy in this Entrepreneurial Mind. Honestly, we felt stressed doing those activities. Especially the Social experiment which is the Rejection Therapy. We asked money to a stranger, so its really hard to do it in our own. At first, I got nervous of course, facing strangers to ask things that is answerable by no. But after all, it was fun. You have a lot of things to learn. As I know, same areas of our brain become activated when we experience rejection as when we experience physical pain. But happily, I am not rejected in asking money from a stranger because if I got rejected, I will surely feel ashamed of myself and even small rejections hurt more than we think. But there is one thing that we will realize doing that activity, as many of us experienced of being rejected in different ways, so we just look at rejection as a stepping stone. When you do, you realize that those dif...