Design Thinking/Entrepreneurship
How many steps are in the Design Thinking process?
5
What is one thing you will do during the summer innovation studio session?
Teach camper, financial wellness, make camper shirts, make imPACTful Creations.
How many kids did we have on day 1 of the kid interviews?
5
How many parts are there to the Business Model Canvas?
11
what is imPACTful Creations?
What is "A business in a box"?
What are the 5 steps of design thinking?
Empathize, Define, Ideate, Prototype, and Test.
What will you do when you come to the office?
Put materials together and set up the imPACTful Creations.
What was the purpose of the kid interviews from each day, day 2 and 3?
On day 2, the purpose was to understand 8-14-year-olds. On day 3, the purpose was to obtain information to help us make future imPACTful Creations.
What is key partners?
Key partners is "Who are the key partners and suppliers you will need to operate your social enterprise?"
What is the age group for imPACTful Creations?
8-14 year olds
What is the difference between a social and traditional entrepreneur?
A social entrepreneur addresses social or environmental issues within their business while a traditional entrepreneur simply manages a business.
True/False: The design thinking step that you will apply this summer is Prototype? If false then which one?
False, What is "Test"?
Which kids came to be interviewed on day 2 of Innovation Studio? Sidney, Ashley, Kavin, Macson
Kavin and Macson
What is the difference between customer segments and customer relationships?
Customer segments are the who is the target market and customer relationships are what will motivate your customers to buy your products.
What are the current imPACTful Creations Business?
Lotion business, gummy candy business, candle business, and cookie business.
What design thinking step involves analyzing data?
What is "Define"?
Name the 4 documents that you needed to complete.
Direct deposit form, federal tax form, state tax form, and I9.
What is one new imPACTful Creation idea that the interviewees came up with?
painting, drawing, jewelry, clay creations, bath bombs, soap
Why do we use a business model canvas?
We use a business model canvas to visually organize and manage the many different parts of a business.
List 1 thing that makes imPACTful Creations special.
It is made by teens for kids
What step does product research fall under in the Design Thinking process?
Protoype
How much do you earn once you finish the Financial Wellness class?
$150
What was one recommendation we received for the Gummy imPACTful Creations?
Putting an expiration date for the gummies so customers know when they expire.
What is the difference between a business model canvas and a business plan?
A business plan is a document that explains how a business makes profit, while a BMC is a chart that organizes the many parts of a business.
What does the business guidebook teach the 8-14-year-olds? (List at least 3)
It teaches them how to create a business name, create a logo, create a poster/flyer, make a product, how to price, how to do an elevator pitch, how to fill a BMC, how to make a donation, how to address a social issue, how to grow their business, and teaches them what an entrepreneur is.