business model canvas: a tool for entrepreneurs and … tool for entrepreneurs and innovators ......
TRANSCRIPT
Business Model Canvas: A Tool for Entrepreneurs
and Innovators (Project-Centered Course) – WEEK 2
https://www.coursera.org/learn/business-model-canvas
Instructions for enrollment:STEP 1: Visit the MOOC site:
https://www.coursera.org/learn/business-model-canvas
STEP 2: Click “ENROLL” button
STEP 3: Create your profile on Coursera
Start LEARNING FOR FREE
Take 10 minutes to go through the WEEK 1 video if you have not: ◇ https://www.coursera.org/learn/business-model-canvas/lecture/j9iZN/business-model-canvas-overview-presentation
QUICK REVIEW QUIZ◇https://www.coursera.org/learn/business-model-canvas/quiz/FWWMr/the-bmc-basics
PEER REVIEW ASSIGNMENT◇https://www.coursera.org/learn/business-model-canvas/peer/UxOZN/the-challenge-statement
Hello!I am LÊ HỒNG TÂM I am a lifelong eager learner, resource connector, problem solver, value adder, youth coach, inspirer and proud mom.
I love marketing, entre & intra-preneurship, researching about learning and teaching
I am like water: tender, flexible yet powerful
You can find me at Or contact me at [email protected]
After this MOOC, I can:
◇ Understand the mindset of learning by doing and lean start-up
◇ Identify and communicate the nine key elements of a business model
◇ USE the business model canvas to approach either a personal or corporate challenge or opportunity.
◇ Present a polished Business Model Canvas that outlines the business case for a new product or service to address your selected challenge or opportunity.
& MUCH MORE:
◇ Receive a certificate from U.S. Embassy/ Coursera to mark your efforts and achievement
◇ Opportunity to win the Business Model Book
MOST IMPORTANTLY:
◇ Build momentum for your Entrepreneurial DREAM◇ Participate in the McKinsey Mekong Business Challenge to have a
chance to join in the regional competition in Buhtan and the International BMC in the U.S. : https://goo.gl/ncEKAG
◇ Receive mentorship from Tam Le & friends for the McKinsey Mekong Business Challenge
Instructions for enrollment:STEP 1: Visit the MOOC site:
https://www.coursera.org/learn/business-model-canvas
STEP 2: Click “ENROLL” button
STEP 3: Create your profile on Coursera
Start LEARNING FOR FREE
The MOOC TimelineWeek 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8
On Coursera Customer
Segments
Value
Propositions
Channels
and
Customer
Relationship
Key activities
& Key
resources
Revenue
Structure &
Partners
Cost
Structure
Presenting
your BM
Facilitated
discussions
at AC
• Why using
Business
Model
Canvas?
Is it for
you?
• Lean Start
up
Mindset
* Determine
your type of
market;
* How to
determine
your
customer
segments
* Customer
Discovery
* Customer &
Product
development
Marketing
Channels,
Customer
Relationships
Market Sizing
Key activities,
key
resources,
partners and
revenue
structure intro
Rev
structure,
values, cost
structures
Pitching and
presenting
your
business
model
canvas
Presentations
with the
participations
of some
guests from
U.S.
Embassy,
BMC network
Your project
Challenge
statement
Customer
validated
Prototype
and
Customer
interviews
Customer
pitching and
try to sell
receive
mentorship to
participate in
Business
Mekong
Challenge
Level of participation
Coursera videos
In course quizzes
In course peer
review
AC discussions
Projectpresentatio
n
Certificates by AC 100% 100% 100%
Opt for non
Hanoian
80% for
Hanoian
100%
Follow up mentorship 100% 100% 100% 80% 100%
Cert by Coursera v v v Opt Opt
BINGO◇ Move around the room, meet and talk to as many as possible and find out: ● Someone who is a student● A marketing/sales professional● A coder/technology hacker● A person who comes from the same city as you do● A person who share a common problem/ challenge/ opportunity with you
Instructions for enrollment:STEP 1: Visit the MOOC site:
https://www.coursera.org/learn/business-model-canvas
STEP 2: Click “ENROLL” button
STEP 3: Create your profile on Coursera
Start LEARNING FOR FREE
WEEK 2: Customer Segnments• Types of customer segments• Who are your customers (users/buyers/influencer)• Customer Archetypes/ Persona
3
LEAN START UP Principles
◇Entrepreneurs are everywhere◇Entrepreneurship is management◇Validated Learning◇Build – Measure – Learn◇ Innovation Accounting
Customer Segment◇ Customer Segments – Lean Launchpad: https://www.youtube.com/watch?v=CesU4DnyDy0&t=24s◇ Customers in Context: https://www.youtube.com/watch?v=Y4ZE5P7w_GQ&index=93&list=PLAwxTw4SYaPnxzSuovATBMrNowGaaEBmW
Why having customer segments?◇The customer groups have a particular need which justifies the creation of a product to match this need.◇The group needs a separate Distribution Channel to be reached.◇The groups require relationships of different kinds.◇There is a very clear difference in the level of profitability each group represents for the organization.◇Each consumer group feels strongly enough to pay for a different version of the product or service, tailored to their preferences.
Customer Archetypes/PersonaCustomer Archetypes: https://www.youtube.com/watch?v=rUyCWXe6mRU&index=60&list=PLAwxTw4SYaPnxzSuovATBMrNowGaaEBmW• Customer Development: https://www.youtube.com/watch?v=f_LNNnNfpp4&index=13&list=PLAwxTw4SYaPnxzSuovATBMrNowGaaEBmW
Instructions for enrollment:STEP 1: Visit the MOOC site:
https://www.coursera.org/learn/business-model-canvas
STEP 2: Click “ENROLL” button
STEP 3: Create your profile on Coursera
Start LEARNING FOR FREE
& MUCH MORE:
◇ Receive a certificate from U.S. Embassy/ Coursera to mark your efforts and achievement
◇ Opportunity to win the Business Model Book
MOST IMPORTANTLY:
◇ Build momentum for your Entrepreneurial DREAM◇ Participate in the McKinsey Mekong Business Challenge to have a
chance to join in the regional competition in Buhtan and the International BMC in the U.S. : https://goo.gl/ncEKAG
◇ Receive mentorship from Tam Le & friends for the McKinsey Mekong Business Challenge
Thanks!Any questions?You can find me at:◇ Facebook: le.h.tam◇ [email protected]
CreditsSpecial thanks to all the people who made and released these awesome resources for free:◇ Steve Blank: Steveblank.com ◇ Lean Lauchpad course (Udacity):
https://www.youtube.com/playlist?list=PLAwxTw4SYaPnxzSuovATBMrNowGaaEBmW
◇ Mashmallow challenge: http://marshmallowchallenge.com◇ Slide: https://www.slideshare.net/MilanVukas/business-model-canvas-
slideshare◇ Customer segments: https://www.cleverism.com/customer-segments-
business-model-canvas/◇ Customer Persona: https://www.rainsalestraining.com/blog/the-6-