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1. What is your EQ?
How best can an entrepreneur turn his startup into a viable company?2. What is your first answer? (In complete thesis statement format)
An entrepreneur can best turn his startup into a viable company by following and implementing the customer development process.3. What is your second answer? (In complete thesis statement format)
An entrepreneur can best turn his start up into a viable company my following and implementing the business model canvas.4. List three reasons your answer is true with a real-world application for each.
-Large successful companies use the business model canvas.
-Google, Netflix and Lego are a few examples of those who use the business model canvas.
-The business model canvas covers ever aspect a startup needs to consider.
For example the bmc allows you to analyze and figure out who your target audience for your product or service.
-It is okay to mess up when creating a business model canvas.
- Google has a 3in stack of business model canvases that they contemplate because they know all those wrong hypothesis lead to the right one they use today.
5. What printed source best supports your answer?
The business model generation book best supports my answer because it analyzes every section that is in the business model canvas.6. What other source supports your answer?
I took an entrepreneurahip class where we spent the vast majority of class analysing the business model canvas.
7. Tie this together with a concluding thought.
After a few months of research I found out that proper planning is one of the most if not the most important thing to do when launching a start up.
On Friday, 2/20 for Advisory #2, you will be presenting what you have from this blog. The presentation is more like a share-out and should not last longer than 2 minutes. You don't need a visual, and you should not read what you have written.