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9 FULL BOXES FOR YOU

IO2 Business model prototyping

9 FULL BOXESFOR YOUIO2 Business model prototyping

Exercise n. 8 - IO2 Business model prototyping - Module 4 Exercise n. 8 - IO2 Business model prototyping - Module 4

LEARNING OBJECTIVES


  1. Making people aware of the necessity for a new set of tools and approaches to replace business planning and other management principles already outdated;
  2. Understanding the role of a new aproach/innovative methodology to generate the personal business model – Personal Business Model You (BMY);
  3. Understand and practice how to transfer market risk, even at the very start of the business launch process;
  4. Understanding the factors that determine the success of a business;
  5. Enabling and understanding the innovative ways that you can generate/create/build, properly and positively, a business or your own value, namely: exercise communication with potential employers, collaborators, team, current clients, undertaking everything that allows you to really get into their minds; exercise simulation of the buying process to ensure that what you create and launch in the market will be sold; awareness and practice of perseverance and persistence, when necessary
  6. Learning, practicing and understanding how to identify and manage the elements that form BMY compared to the core Business Model Canvas;
  7. Learning, practicing and understanding the most impactful ways to collect the information needed to create a personal business model;
  8. Understanding the importance of establishing a series of hypotheses about your business and conducting experiments to validate or reject your assumptions;
  9. Practicing and understanding the ways you need to focus on key business elements to clarify any confusion in the process of creating your personal business model;
  10. Practicing and understanding how to use a new tool called Business Model You (BMY);
  11. Awareness of the need to be active, to think positively, to understand how to act to reinvent your career by choosing the right path!

A QUICK LOOK AT BUSINESS MODEL YOU!

We made it nice for you - if you like it, go for it! Start fill in your BMY!
PERSONAL BUSINESS MODEL CANVAS

DESCRIPTION OF THE EXERCISE & LEARNERS EXPERIENCES

Why you have to try 9 full boxes for you?

Because:

  • Facilitates your first contact with the Business Model You (BMY);
  • Helps you to find out and understand how to identify and then manage the elements that make up BMY;
  • Ensures you to understand the benefits of the Business Model You model;
  • Motivates and inspires you to be creative and develop your ideas - identifying the first symbolic words representative for each section of the BMY model.

What do you have to know for playing 9 full boxes for you? - SOME INDUCEMENT FOR YOU

First of all, make sure you have all the materials you need, so we invite you to download all the support materials.

With the BMY template in front of you, read the Worksheet and Methodological Guide! Read the materials very carefully!

You have 10 minutes to carefully visualize the structure of the BMY template, to follow the position and the order on the template of each section, to try to understand the role of each section, the differences between them and to understand the ways of interaction between the 9 sections of the BMY template!

Visualize the structure of the BMY template 2-3 times, to ensure that you have understood correctly and clearly the differences and connections between the 9 sections of the BMY template.

Make sure you define SMART goals for shaping your business idea or career path, motivate yourself and be active!

Open the 6 sets of symbolic words and scroll through them to select one of them. The selected set of symbolic words will continue to be used, as a suggestive support, to identify structural elements for each of the 9 sections of the BMY template.

Don't give up, be determined and make sure you'll manage to select at least 2 -3 symbolic words for each section!

Select words from the set or identify new symbolic words, write them on post-it, group and paste the post-it into sections of the BMY template as you see fit!

If you want to succeed and surely you want it, it is essential to select or identify the words trying to answer the following questions:

· To whom do you want to sell/make available the value created by you/your competence?

· What do employers, employees, team, potential customers perceive as the value they receive – your competence?

· How can you deliver/make available to employers, collaborators, team, potential clients, your value/your competence/your product /your service, at a convenient cost to both parties?

You are on the right track and can already be considered a winner if you understood and retained who represents the key resources in a personal business model (BMY)! Yes, you are the key resources: your interests, skills, experience, expertise, personality and assets you own or control!


If you identified words for each section of the BMY template structure, filled in and pasted the post-it, you thought about how and how to connect the sections of the BMY model and how each section contributes to the unique proposal of value of your business model, facilitating the sale, you have successfully completed the exercise! Congratulations!

BEING INSPIRED BY OTHER LEARNERS’ EXPERIENCES:

SPRINT 2 - BUSINESS MODEL CANVAS 2
SPRINT 2 - BUSINESS MODEL CANVAS

LIBRARY RESOURCES - ALL THE MATERIALS YOU NEED TO FILL YOUR BMY

pdf
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Framework_BMY.pdf
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309.8 KB
docx
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ANNEX 1_MOOC methodologic worksheet_EN.docx
Download
28.9 KB
docx
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Methodologic guide_BMY_en.docx
Download
17.4 KB
pdf
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1_key words_Hairstyling.pdf
Download
91.0 KB
pdf
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2_key words_Transportation services_en.pdf
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59.4 KB
pdf
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3_key words_Catering services_en.pdf
Download
107.9 KB
pdf
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4_key words_Translation services_en.pdf
Download
59.0 KB
pdf
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5_key words_Travel agency_en.pdf
Download
110.4 KB
pdf
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6_key words_Cars&bycicles rent_en.pdf
Download
111.8 KB
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