Mindset & DNA
Think like a π»πΌπππΎβπΌβ
(in order)
(in order)
The ππ¦π’π― Canvas
π΄π²πΎπ½πΎπΌπΈπ²π
Famous Entrepreneurs
100
Future Orientation
100
TRUE or FALSE:
When designing a service or product, you should only think about yourself.
FALSE:
Human-Based Design Product or Service Examples:
- Camila works at the campus library. She loves to eat salty snacks, but people trying to study or research complain that her snacking is too loud when she eats prepackaged snacks.
- Silent Snackums is a salty and savory snack mix with special quiet packaging and smaller pieces for an almost silent, yet still satisfying crunch.
- Aasir loves dogs and feels more relaxed when he can pet and play with them. His college classes have been really stressful, but the dorms donβt allow pets.
- Poochie Plus Java is a new cafΓ© providing reasonably priced menu choices and access to trained therapy dogs. With a small purchase, customers get up to an hour of snuggle or play time with the dog of their choice.
100
What are the first 2 boxes on the Lean Canvas?
Problem/Solution
100
______ is the study of scarcity and resources.
100
This basketball superstar is also top entrepreneur, owning several businesses including SpringHill Entertainment.
LeBron James
200
Successful entrepreneurs use a variety of strategies that protect themselves by taking only ________ risks.
CALCULATED
This type of strategic thinking is demonstrated through the entrepreneurial mindset domain of comfort with risk.
200
What does this represent?
Human Centered Design Thinking
200
What are some of the differences between writing a Business Plan vs. a Lean Canvas?
Easier to make changes, adaptable, easier to understand, etc.
200
The Law of Supply & Demand
200
Who created Fenty?
300
Entrepreneurs are willing to take _______ for the potential ______ of ownership, income, and work satisfaction.
Risks, Rewards
300
Human-Centered Design Thinking Steps:
Empathize, Interpret, Ideate, ________, Test and Evolve
MVP Prototype
300
What category of the Lean Canvas would overhead costs fall under?
Cost Structure
300
If there is more supply than demand for Rubber Bands, you have a ______ of Rubber Bands.
Surplus.
300
"Think like a queen. A queen is not afraid to fail. Failure is another steppingstone to greatness."
Oprah Winfrey
In 1986 she famously revealed this to her shocked viewers on her live show. Her fame came to fruition in 1983, when her seductive character and genuine love of people gained her the job of her dreams; as a talk-show host.
The following exposure was explosive, and she soon became one of the most famous, most loved, and most professional people in the entertainment industry.
400
Critical Thinking & Problem Solving
400
Which of the following is NOT a benefit of human-centered design thinking?
- It helps show why a customer would buy a product or service.
- It guarantees that a business will make a lot of money.
- It serves as a tool for brainstorming business ideas.
- It provides a way to better understand a customer's needs.
That means... when you think about others while designing you:
- It helps show why a customer would buy a product or service.
- It serves as a tool for brainstorming business ideas.
- It provides a way to better understand a customer's needs.
400
Something that puts your business ahead of the competition is called your....
Competitive Advantage
400
If you have more demand for Toilet Paper than supply... you have a ______.
Shortage
400
Walt Disney
500
Flexibility & Adaptability
500
What kind of map is this?
An Empathy Map (a mind map - but not about you, about your customer)
500
What is this an example of?
Your Unique Value Proposition
500
$1.40 per gallon at 600,000,000 million
500
What company did Sam Walton create?
