Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes...

34
Ideas vs Opportunities

TAGS:

Transcript of Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes...

Page 1: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Ideas vs Opportunities

Page 2: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

What We Have Been Doing

• We learned how to problem solve– Paper Airplanes– Coloured Thinking Hats

• We learned a variety of ways to brainstorm– SCAMPER– Visualization– Word Clustering– Mind Maps

• You came up with an idea for your business

Page 3: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Up Next

• Deciphering between ideas and opportunities– What comes first?

• Deciphering between trends & fads• Evaluating Your Ideas

– Market Research– Getting others to give feedback on your business

idea

Page 4: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Ideas vs. Opportunities

• What came first? The chicken or the egg?

Page 5: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

What came first? The Idea or The Opportunity

Page 6: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Ideas vs Opportunities

• Both are vital to the creation of a successful business

• The idea needs to be unique & creative– Differentiation – distinguishing the

product/service from what is already being offered in the market place

• ....On the other hand, you needcustomers to buy your product

Page 7: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Ideas vs Opportunities

• Opportunities are driven by customer needs– Many entrepreneurs have the AH-HA! Moment– Life would be easier if there was a way to......– I bet if I could find a way to.....

• This is why the best entrepreneurs have a prior knowledge/skill set/passion for their area– They directly see the need

• .....On the other hand you need to have an idea to take advantage of the opportunity

Page 8: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Ideas vs Opportunities• Market-Pulled Entrepreneurship

– The entrepreneur will identify a problem first– See the opportunity and then come up with the idea– The Fox 40 Whistle

• Product-Driven or Service-Driven Entrepreneurship– Coming up with the idea first– then finding the market that benefits from the idea

the most– People may not even know they have a problem....– Mp3 players

Page 9: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

EntreprenEntrepreneureur OpportunityOpportunity IdeaIdea

Harold Harold WarnerWarner

-People like to People like to have funhave fun-Companies need Companies need to advertiseto advertise

Ballooning Ballooning with adswith ads

Martha Martha SturdySturdy

-People like to People like to wear jewellerywear jewellery-Some people like Some people like to be distinctiveto be distinctive

““Wearable ArtWearable Art””

Peter Peter DalglishDalglish

- There are street - There are street kids in the world kids in the world who need helpwho need help

““Street Kids Street Kids IntInt’’ll””- A bicycle - A bicycle courier servicecourier service

Page 10: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Technology

• Technology proposes opportunities for inventors/entrepreneurs– Because of the internet – ebay was possible

• Technology also provides people with a way to adapt it for new ideas– Well what if I could make the ipod smaller?

Page 11: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Technology1900’s 1950’s 1990’s 2000’s 2025?

Corsets Girdles Panty Hose Slim-n-fit ?

Stereoscopes – people could

see in 3D

Black and White TV

Colour TV, Picture in a

Picture

LCD, LED, Plasma, 3-D

?

Wax Cylinder records for

Gramophones

Vinyl Records Cassettes, CDS MP3 ?

Wood Stoves Electric and Gas Stoves

Microwaves Invention is lacking!

?

Gas Lamps Electric Lights Halologen High Intensity Lights

Fibre-Optic Lights

?

Page 12: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Trends That Give Rise to Opportunity

• Increases in population• Society cultural make-up – multicultural?• Aging population• Increasing concern about health issues &

leisure activities• Family unit make-up• Learning trends – lifelong need• Changes in electronic communication• The $100 computer is nearing completion

Page 13: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Connecting Ideas and Opportunities

• The toughest part of being an entrepreneur• If the idea comes up first

– Need to evaluate the needs or wants that can be satisfied

• If the opportunity comes first– Find a unique way to satisfy those needs

Page 14: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Today’s Activity

• Identify if it is market-pulled, or product/service driven

• If you have received an idea – find an opportunity (market) that would be beneficial

• If you received an opportunity – think of an idea that could take advantage of the situation

Page 15: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Lay-Z-Boy

Page 16: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Hockey

Page 17: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

iPad Mini

Page 18: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Garbage Bags

Page 19: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Flip Flops

Page 20: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Leaf Blower

Page 21: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Slap Chop

Page 22: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Accounting

Page 23: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

PVR

Page 24: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Nintendo

Page 25: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Shower Cleaner

Page 26: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Hungry Man

Page 27: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Underground Dog Fence

Page 28: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Loft Bed

Page 29: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Hair Brush

Page 30: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Laptop

Page 31: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Segway

Page 32: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Fashion Shows

Page 33: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Portable Dumpster

Page 34: Ideas vs Opportunities. What We Have Been Doing We learned how to problem solve – Paper Airplanes – Coloured Thinking Hats We learned a variety of ways.

Chess at the Mall


Reviewing what we have learned

Reviewing what we have learned

Introduction to DTDs. Introduction We learned how to structure information using XML Learned XML grammar Learned the rules for XML encoding We learned.

Introduction to DTDs. Introduction We learned how to structure information using XML Learned XML grammar Learned the rules for XML encoding We learned.

How We Taught and What We Learned: Teaching and …

How We Taught and What We Learned: Teaching and …

What we learned about isotopes

What we learned about isotopes

What we learned last lesson?

What we learned last lesson?

What have we learned in the last two years: We have learned, haven't we?

What have we learned in the last two years: We have learned, haven't we?

We Project Airplanes

We Project Airplanes

SPC14 what we learned

SPC14 what we learned

Airplanes By Nick McDonald When were airplanes invented? Airplanes were invented in 1903 by the Wright brothers.

Airplanes By Nick McDonald When were airplanes invented? Airplanes were invented in 1903 by the Wright brothers.

RDA TESTING: WE CAME, WE LEARNED, WE CARRY ON Meeting... · RDA TESTING: WE CAME, WE LEARNED, WE CARRY ON Erin Stalberg Head, Metadata & Cataloging NCSU Libraries ... • Checklist

RDA TESTING: WE CAME, WE LEARNED, WE CARRY ON Meeting... · RDA TESTING: WE CAME, WE LEARNED, WE CARRY ON Erin Stalberg Head, Metadata & Cataloging NCSU Libraries ... • Checklist

Microfinance: what have we learned?

Microfinance: what have we learned?

EIS what we learned team2

EIS what we learned team2

What We Know and How We Learned It

What We Know and How We Learned It

Building GPE: What We Learned

Building GPE: What We Learned

What we have learned

What we have learned

What have we learned?

What have we learned?

What have we learned and how have we learned it?ccnmtl.columbia.edu/dr/papers/Moretti_Pinto.pdf · What have we learned and how have we learned it? 79 In August 2002, the Columbia

What have we learned and how have we learned it?ccnmtl.columbia.edu/dr/papers/Moretti_Pinto.pdf · What have we learned and how have we learned it? 79 In August 2002, the Columbia

What we learned Recommendations & challenges

What we learned Recommendations & challenges

What Have We Learned about Household Biomass Cooking … · What Have We Learned about Household Biomass Cooking in Central ... sustainable economic development. ... We Learned about

What Have We Learned about Household Biomass Cooking … · What Have We Learned about Household Biomass Cooking in Central ... sustainable economic development. ... We Learned about

Last class we learned about:

Last class we learned about: