Blog #4: Business Model Canvas

 


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.

Comments

Post a Comment

Popular posts from this blog

Blog #2: Entrepreneurial Mind 1st Episode

Entrepreneurial mind seems to be a mode of thinking that allows you to overcome obstacles, make decisions, and take control of your results. It's necessary that you keep improving your abilities, learning from your failures, and putting your ideas into action. These past few days we are busy choosing a problem for our venture proposal as a part of this Entrepreneurial Journey.    We are exchanging a different ideas for our Venture Proposal. As a group, we need to team-up for us to have a good idea in making the task provided. Our first problem that we've submitted has been rejected and we need to come up with another idea. So as a team, we are going to continue for us to learn and explore more about this Entrepreneurial Mind. It is normal to be rejected as what we can reflect to the Great business man, Colonel Sandres, KFC. As we have learn in the discussion, he is very successful this time without knowing how hard he experienced before he commit that success. And as for the i...
Read more

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...
Read more

The Introduction of my Technology Entrepreneurship Subject

Image
Learning new things, new skill, new subjects in a new world status can be one of the most satisfying things you can do to grow and explore. Learning a new skill is not just an adventure decision, but it is also a smart way to widen our thoughts about things surrounds us. When you learn new things, meaning you're fulling something inside yours. In this journey of my Gee16 subject, hope will be be great. Starting it is a kind of miserable because of some sorts of losing internet connection but thanks to our instructor, she posted it in google classroom.  Now, I'm talking about the Technology Entrepreneurship that were introduced by our instructor. It is the process of creating or seizing an opportunity and pursuing it regardless of the resources currently controlled. Meaning, it is just creating something out of nothing because entrepreneurship is very innovative or creative.  Way back to our our entrepreneurship during Senior High school, I experienced selling things inside the...
Read more