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LESSON 1: GENERATING AND EXPLORING - Participants gather with open minds to

NEW IDEAS produce as many ideas as they can to


TREND address a problem statement in a
- A trend often provides one of the facilitated and judgment-free
greatest opportunities for starting a ne environment.
venture, particularly when the Entrepreneurs
entrepreneur can be at the start of a
trend that lasts for a considerable - are known to be creative. They
period. always think of ways on how they
can improve a product or service
TRENDS OF THE DECADE offering or how to put a gap
between them and their
● Wearable Trend
competitors.
- Technologies (gadgets) - “Creativity is the faculty of mind and
● Green Trend spirit that enables us to bring into
existence, ostensibly out of nothing,
- Saving plant( ex: echo bag) something of use, order, beauty or
● Payments significance.” - John Adair (2007)
- Payment method ( ex: Gcash)
What you need?
● Maker Trend
-To bring people together to conjure
- DIY making ideas and bypass established
● Mobile Trend frontiers, you need a skilled
facilitator, a creative environment –
- Evolution of the phone including a prepared space and
● Health Trend rules.
- Exercise ( ex: meditate) MOOD BOARD

● The Internet of Things - to set everybody's creative mindset


and for everyone to have a slight
- (ex:siting in internet) view of what needs to be done Ex.
designing a tropical vibe hotel
WHERE CAN YOU GET NEW IDEAS FOR room
YOUR BUSINESS
Methods of Generating Ideas
SOURCES OF NEW IDEAS IDEATION TECHNIQUE
● Consumers
● Government 1.Bodystorming
● Distribution Channels - Refers to ideas that come to your
● Research and Development mind by physically experiencing a
● Existing Products and Services situation resembling your problem
IDEATION using people, props, or a digital
- is a creative process where designers prototype.
generate ideas in sessions. 2.Brainwriting - All participants would
have to write their ideas first on a piece of
paper. The participant will write her ideas seen it done in a million different
on a piece of paper before passing it on to ways.

someone else. Then the next person will


The 5 Frameworks
read her idea and would add onto it. The
1. Idea stage
process will continue until all participants - is where you brainstorm product
have been able to write their idea on the concepts based on customer needs,
concept testing, and market research
piece of paper. After collecting all ideas,
A. Target Market - Begin with identifying
that’s the time that the discussion will start. the consumer profile you're building
3.Force Fit the product for.
- Is simply the process of combining B. Functionality - Consider the look and
two ideas into one. feel of your product and why someone
4.Poetry
would be interested in purchasing it.
- Is the process of combining random
C. Existing Product- are there existing
elements to make up one new idea.
5.Borrowing products that solves the similar
- The process of creating a new problem?
product using the same structure of - Is your concept different enough to be
an existing product or item, but this viable?
time, he will create it for a totally
different purpose. D. SWOT Analysis - Analyzing your
- product strengths, weaknesses,
THE JOURNEY OF AN IDEA
● Confusion and chaos (time and money) opportunities, and threats early in the
● Validation process can help you build the best
● Minimum viable product version of your new concept
● Traction

LESSON 2: THE WHOLE BRAIN 2.Concept stage - It's time to define


MODEL AND THE HBDI the product or the concept
development by refining the product
strategy.
Product Development Process A. A. Business Analysis - A business
- Product development is the process analysis consists of mapping out
of building a new product, from distribution strategy, ecommerce
ideation all the way through launch. strategy, and a more in-depth
- Product development begins
with those initial brainstorming competitor analysis.
sessions, when you’re just B. B. Value Proposition - The value
discussing a budding idea. From proposition is what problem the
there, the process is creative but
product is solving. Consider how it
strategic, and you may have
differs from other products in the 4.Prototyping stage - During the
market. prototyping stage, your team will
intensively research and document the
C. Success Metrics - It’s essential to product by creating a more detailed
clarify success metrics early so you business plan and constructing the
can evaluate and measure success product.
a. Feasibility Analysis - Determine if the
once the product is launched.
workload and estimated timeline are
D. Marketing Strategy - Once you’ve possible to achieve.
identified your value proposition and B. Market Risk Research - It’s important
success metrics, begin to analyze any potential risks associated
brainstorming a marketing strategy with the production of your product
that fits your needs. before it’s physically created.
- Consider which channels you want C. Development Strategy - Next, you
to promote your product on can begin working through your
development plan. In other words, know
how you’ll be assigning tasks and the
3. Test marketing stage
- To go live with a new product, you timeline of these tasks.
first need to validate and test it. This
ensures that every part of the
product—from development to
marketing—is working effectively 5.COMMERCIALIZATION STAGE -
before it’s released to the public. Now it’s time to commercialize your
A. Front-End Testing - During this stage, concept, which involves launching
test the front-end functionality for risks your product and implementing it on
your website.
with development code or
By now, you’ve finalized the design
consumer-facing errors.. and quality tested your development
B. Test Marketing - Before you begin and marketing strategy.
producing your final product, test your
marketing plan for functionality and
errors.
C. Concept Development Testing - You
may have successfully designed your
prototype, but you’ll still need to work
through any issues that arise while
developing the concept.
The Whole Brain Model and the
instrument, HBDI.
The Split Brain Experiment
- In 1975, the brain research of Roger Sperry
began to reveal the dual specialization of the
brain. The research was done by observing
patients who had their brain hemispheres
separated by a procedure attempt to cure
epilepsy.

- Sperry made a multitude of discoveries. For LESSON 3


example, the left side of the brain, which PROOF OF CONCEPT VS. PROTOTYPE
controlled the right hand, appeared to have Proof of concept (POC) might sound like
the function of logical, analytical, sequential
a prototype, but there are differences,
and rational thinking
and each has its function. The POC is a
sort of small test before the project to test
the idea. It exists solely to show that a
product concept is both functional and
can be developed.

Creating prototypes is another important


exercise. The creation of prototypes is
done to help visualize how a product will
The developer of the HBDI®, Ned function. It's a working model of the end
Herrmann, had always been curious about product. It shows design, navigation,
his own ‘duality’ of preference, which he layout, etc.
began to understand through his study of
the brain.

While attending Cornell University, Ned


Herrmann was recognized for excellence
in both physics and music. Later, while a
successful executive at GE (General
Electric), he was also an accomplished
artist and sculptor.
3. GOOD HEALTH AND WELL-BEING
- Ensure healthy lives and promote
well-being for all ages
4. QUALITY EDUCATION - Ensure
inclusive and equitable quality
education and promote lifelong
learning opportunities for all
5. GENDER EQUALITY - Achieve
gender equality and empower all
women and girls
6. CLEAN WATER AND SANITATION -
Ensure availability and sustainable
management of water and
sanitation for all
7. AFFORDABLE AND CLEAN
ENERGY - Ensure access to
affordable, reliable, sustainable, and
SUSTAINABLE DEVELOPMENT modern energy for all
GOALS (SDG) 8. DECENT WORK AND ECONOMIC
GROWTH - Promote sustained,
5 P’s
inclusive and sustainable economic
● People > End poverty and hunger in all
growth, full and productive
forms and ensure dignity and equality.
employment and decent work for all.
● Prosperity > Ensure prosperous and
9. INDUSTRY, INNOVATION AND
fulfilling lives in harmony with nature.
INFRASTRUCTURE - Build resilient
● Peace > Foster peaceful, just and inclusive
infrastructure, promote inclusive and
societies.
sustainable industrialization and
● Partnership > Implement the agenda
foster innovation
through a solid global partnership.
● Planet
10. REDUCED INEQUALITIES - Reduce
> Protect our planet’s natural
inequality within and among countries
resources and climate for future
11. SUSTAINABLE CITIES AND
generations.
COMMUNITIES - Make cities and
human settlements inclusive, safe,
1. POVERTY - End extreme poverty in all
resilient, and sustainable
forms by 2030.
12. RESPONSIBLE CONSUMPTION AND
2. ZERO HUNGER - End hunger,
PRODUCTION - Ensure sustainable
achieve food security and improved
consumption and production patterns
nutrition and promote sustainable
13. CLIMATE ACTION - Take urgent action
agriculture.
to combat climate change and its impacts
14. LIFE BELOW WATER - Conserve and LESSON 5
sustainably use the oceans, seas, and I. 𝐓𝐡𝐞 𝐌𝐢𝐧𝐝, 𝐇𝐞𝐚𝐫𝐭, 𝐚𝐧𝐝 𝐆𝐮𝐭𝐬
marine resources for sustainable ● The Entrepreneurial Mind Frame
development ● The Entrepreneurial Heart Flame
15. LIFE ON LAND - Protect, restore, and ● The Entrepreneurial Gut Game
promote sustainable use of terrestrial II. 𝐓𝐡𝐞 𝐌𝐚𝐧𝐲 𝐒𝐨𝐮𝐫𝐜𝐞𝐬 𝐨𝐟 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲
a. Macro-Environmental Sources
ecosystems, sustainably manage forests,
● Socio-cultural Environment
combat desertification, and halt and
● Political Environment
reverse land degradation and halt
● Macro - Economic Environment
biodiversity loss
● Ecological Environment
16. PEACE, JUSTICE AND STRONG
● Technological Environment
INSTITUTIONS - Promote peaceful and
b. Micro Environmental Sources
inclusive societies for sustainable ● Customer
development, provide access to justice for ● Employees
all and build effective accountable and ● Competitor
inclusive institutions at all levels. ● Media
17. PARTNERSHIP FOR THE GOALS - ● Shareholders
Strengthen the means of implementation ● Suppliers
and revitalize the global partnership for III. 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬, 𝐏𝐢𝐪𝐮𝐞𝐬, 𝐚𝐧𝐝
sustainable development P 𝐏𝐞𝐫𝐜𝐞𝐩𝐭𝐢𝐨𝐧𝐬

● Customer Preferences
PROOF OF CONCEPT An effective proof of
● Customer Dislikes
concept proves the goal of a proposed
project is viable and will be successful. IV. 𝐓𝐡𝐞 𝟏𝟐 𝐑𝐬 𝐨𝐟 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐒𝐜𝐫𝐞𝐞𝐧𝐢𝐧g
The value of a POC is it can help a project
manager identify gaps in processes that
● Relevance to Vision, Mission, and
might interfere with success. That's not all
Objectives of the Entrepreneur
a proof of concept does. A POC elicits
● Resonance to Values
feedback from everyone involved in a ● Reinforcement of Entrepreneurial
project, including those who might not Interests
have otherwise contributed, thereby ● Revenues
mitigating unforeseen risk. The proof of ● Responsiveness to Customer Needs
concept is so valuable because it's a test and Wants
project to evaluate before work begins on ● Reach
an actual project. ● Range
A POC verifies that concepts and theories ● Revolutionary Impact
applied to a project will have a real-world ● Returns
application. POCs do not produce ● Relative Ease of Implementation
deliverables, as the core issue being ● Resource Required
considered is the feasibility of the project. ● Risk

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