moondrei

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Blog 3

Business Model Canvas

During our class discussion, which we handle at the CBM building. It is my first time to have a class there. I was not expecting that it would be that kinda spacy and I really like the vibe here, not so hot and the lighting is gentle for my eyes. I was able to listen very well without having any trouble. We talked about how we can start a business using this model, called business model canvas. For us students I must say that there are some gifted individuals that can really start a model business without having a hard time but I myself could hardly  think of any business at all. I need plenty of time to think about it and just to have an idea where to start. Thankfully with the help of Ma'am and this lesson, it can guide me where to start. 

Business model canvas is a strategic management tool for creating new business models and cataloging current ones is the business model canvas. The nine "building blocks" of the business model design template; Customer segments, Value Proposition, Channel, Customer Relationship, Revenue Streams, Key Resources, Key Activities, Key Partners, and Cost Structure. These are the things you must consider when you want to start a business, a guidance for some people like me who are having a rough time to create one. 

“The Business Model Canvas reflects systematically on your business model, so you can focus on your business model segment by segment. This also means you can start with a brain dump, filling out the segments the spring to your mind first and then work on the empty segments to close the gaps. The following list with questions will help you brainstorm and compare several variations and ideas for your next business model innovation.” - Canvanizer 2019

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Lecture Series Program

We are required to attend the lecture series program that will help us students to know various elements of innovations and entrepreneurship. The event was held at the University Convention Center or UCC. It is a series on intellectual property rights and technology transfer, incubation program opportunities, and startup ecosystem.

Presented by the diverse and high-level speakers from different industries who share their insights, leadership, and innovations. I really enjoy the program, it really inspires me as much as they inspire everyone at the convention center. As they share their experiences about their ups and downs when it comes to business, on how they survive and start again. Expecting unexpected situations and the most important of all is that you should not be afraid to fail because each failure teaches you something, it teaches you a lesson.

Life is short, make it worth a while. Do not be afraid to take risks, that is part of our daily lives. We have the opportunity to make choices, to change our path and move forward for a better future. 

#blog3

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Venture Proposal

February 2, 2023 | Andrei Ceasar Bubarno Ibo

Our Team

We are given a task to interview some people about their point of pain in the different aspects so that we could formulate a solution to that problem. Our target audience are the students and teachers from Central Mindanao University. We want to know what are the problems that they have encountered inside the campus.

We only ask two questions and these are “What problems that you have encountered inside the campus?” and “If given a change, how would you address that problem?” A wide variety of answers were taken from different participants, after which we simply brainstormed to come up with a better solution to their problems.

#activity

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Berkeley Innovation Index Test

January 29, 2023 | Andrei Ceasar Burbano Ibo

We are given a task of which we have to take this test to evaluate ourselves to see how our views, beliefs, and habits compare to those of great entrepreneurs and innovators. During the online test assessments, we are given plenty of Likert Scale questions. I must say that it is very interesting and much interactive to the testee, the questions are not that hard to answer, however it does need time to think and reflect back on how we handle that certain situation

After some time, I was able to complete the test, the results were shown to us and I was intrigued by the outcome of my test. Even myself did not expect the outcome of my test, yes there is something that I know of and I’m pretty sure that there are some factors that affect my personality. I guess this test really shows my personality.

In conclusion, based on my results I was able to find out my personality and this time maybe I should do something about it and look for a brighter side. One step at a time. Improving myself doesn't mean that I must change my personality, we have our own bubble and it is up to us on how we form it.

#personality test

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My Entrepreneurial Journey

February 22, 2023 | Andrei Ceasar B. Ibo

Greetings, I would like to introduce myself, I am Andrei Ceasar Burbano Ibo, 20 years old, living in Valencia City Bukidnon Philippines. Currently studying at Central Mindanao University with the course Bachelor of Science in Electrical Engineering. I pursue my passion for making devices and understanding how electricity works, as of now I can say that everything has its own time and fate, by knowing that I am pretty sure that my future is not on point but instead it is a branch of endless possibilities. My journey ahead is quite rough not gonna lie, however each event that I encounter day by day is quite amusing because just like the quote from the movie Love, Simon as what Simon posted “ Sometimes I feel like I’m stuck on a Ferris wheel, One minute I’m on top of the world… Then the next I’m at rock bottom. “ That makes life worth living, and I can’t wait to explore and experience the things this world can offer.

#first blog #myself