There were many things that I learned from taking the Business Plan Development class this semester. Some of the biggest takeaways from the class for me were the importance of intellectual property (IP) protection, the importance of testing products before putting them out there […]
Year: 2019
Angel Investor – Guest Speaker
We learned a lot about angel investors and some of the different statistics regarding them when we had our guest speaker, Fran Waller, come and talk to us in class. Within the lecture, as we’ve heard many of times in class, he mentioned the […]
Competitive Analysis
The benefit of a competitive analysis is that it allows you evaluate and compare some of your business’ closest competitors to one another, allowing you to then take the results from the analysis to apply to your business. This not only allows you to learn […]
Get, Keep, Grow
I’ve decided to take a look at how Foot Locker uses the Get/Keep/Grow model throughout their business to attract and retain customers. In terms of getting customers, the company is very active on social media. Their Instagram account usually posts multiple times a day, […]
Nadeem Hussain Talk
Nadim Hussain gave an amazing talk and presentation about his entrepreneurial journey! There were a few key concepts I took away from the time listening, but the one that stood out the most was testing the company did for their target market research. […]
Value Proposition
The business model canvas places value proposition as the “backbone” of the canvas, and rightfully so. The value proposition holds a great deal of importance in relation to a company’s business model canvas. Your company’s value proposition is what makes your company differ from […]
Team Building Exercise
It is extremely important to choose the right partners when looking to start a new venture. You must take the time beforehand to make sure you and your partner(s) are fully committed, or your business venture will be destined to fail at some point […]
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