This week we covered the Business Model Canvas and Lean Start Up. The Business Model breaks the business down into parts and asks specific questions about each of the 9 parts to see if it makes sense and is what the consumer needs. The Lean Start Up is an approach that gets products to market faster by starting with the most basic idea first then after feedback it keeps moving forward, stops, or pivots and makes changes.
This week we also posted our Innovation Presentations. I really enjoyed watching some of those. I learned about new companies like ArtLifting that is helping artists that are disabled or homeless. It was great to see just how many companies can be considered to be in the realm of social innovation.
- How can sharpening your business skills help you help others? What skills are most important?
I think business skills can be good life skills as well. In this class we have talked extensivly about creativity and out of the box thinking. This can help me to help others because it will allow me to look at problems from a different perspective. One business skill that I think is really important is the power of networking. Establishing and growing relationships with people helps in business, but it also helps in life. It also allows you to help those around you because you know more people that have talents and abilities that can help in a myriad of ways.
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