Requirement：
Format: APA Formatting & citations. 5 pages maximum, double-spaced, 12pt Times News Roman font, 1” margins. Include a title page, reference list, and use appendices for worksheets and other supporting documents as necessary (title page & appendices are not included in the page count).
How do you write a good self-reflection? It should follow the “DEAL” format:
• Describe - concrete & thorough description of what occu
ed during the term.
• Who, what, when, where, what did you see, what did you feel?
• Examine
• Move beyond the description of the event, apply course concepts & readings to what happened & why.
• Articulate Learning - demonstrate what you learned from the entrepreneurial thinking process:
• What did you learn during the semester?
• Why does it matter? • How did you learn this?
• What will you do because of it?
Instructions: Use each of the headings below in your paper. The page lengths for each section are suggested guidelines. Look into the PDF of class slide and the assignment 2 PDF.
1. My Individual Entrepreneurial Journey: 2 pages
a). Describe the evolution of all your individual ideas from the start of the course. Reference the personal opportunity square as the starting point for the journey.
). Examine: what events or experiments changed or improved your idea(s) through the first 6 weeks?
• Apply a minimum of two course concepts and two course readings from the first 6 weeks of ENTI 317.
c). Articulate learning about the Entrepreneurial Thinking process:
• If you could travel back in time to the beginning of the semester, what advice would you give yourself prior to completing assignment #2? Try to find out more people to ask interview about how they think of my idea, think more about my competitor, how my product going to be pick compare to other competitor.
• What have you learned? Why does it matter? How will you use this information going forwards?
2. My Team’s Final Project and what should happen next: length 2 pages. Look into the team report idea PDF and look the advisor feedback.
a. Describe the team’s journey from week 6 to the final pitch. Use your team’s value proposition statement for the final idea (write your own version if the team idea didn’t have one).
. Examine the personal, academic & group learning that took place:
i. How did the group project affect your personal learning?
ii. Apply a minimum of 2 course concepts and 2 course readings from class.
iii. What was the judge’s feedback was on your team’s final pitch?
c. Articulate what you learned about the Entrepreneurial Thinking.
i. What did the team project teach you? How? Why does it matter? How will you use this knowledge in the future?
ii. What do you personally think the team should do next with the idea?
1. 1. Pivot – how? Based on the advisor feedback, they like our idea and they think the idea will really help.
2. 2. What is the next experiment that the team should run (build, measure, learn)? Based on the advisor feedback they think we should collaborate with other product that already exits but use our own technology. Also think out more about our competitor, what will be different with other.
3 . Decision tree: length 1 page.
a. Draw a decision tree or other image that displays your individual & team journey visually.
Graded components (Total = 80 marks)
1. How well did the student apply the DEAL format to their individual experience? a. Describe (10 marks) b. Examine (10 marks) c. Articulate Learning (10 marks)
2. How well did the student apply the DEAL format to their personal reflection on the team project? a. Describe (10 marks) b. Examine (10 marks) c. Articulate Learning (10 marks)
3. Student’s decision tree (5 marks) a. Visually appealing, detailed and demonstrative of journey. 4. Research (5 marks): a. Quality, quantity & use of primary & secondary research.
5. Citations (5 marks): structure of citations & reference list.
6. Overall Impression (5 marks): grammar, spelling, formatting, clear concise sentence structure, use of class concepts.
The team project idea is :
· A simple, wearable, voice-controlled device that transmits vi
ations and shows on its screen when & which drugs the user must take. The embedded alarms also go off until the user has confirmed that they’ve taken their medicine, which is also recorded by medical facilities. Vita-Alert's goal is to aid users in taking forgotten medications with a simple design.
· Vita-Alerts early adopters consist of senior citizens who are reliant on pharmaceutical drugs and vitamins to maintain a healthy lifestyle. This group primarily consumes more medical drugs then other groups of people, to stay healthy and active. Common conditions for the elderly consist of memory loss, dementia, arthritis and Alzheimer's disease. Senior citizens can be forgetful, and may not realize that they have missed some essential medications, which is why they would be making the most use of Vita-Alert.
ENTI 317:
Entrepreneurial Thinking
Class 1
Today:
◈Course Concept: Entrepreneurial Thinking
◈Course Concept: Available Means
◈Course Concept: Bricolage
◈Scholars Strike – Black Lives Matte
◈ Homework for next class
2
Survey Time!
◈ Please complete the short survey on your
laptop or cell. Link is also on D2L news.
https:
survey.ucalgary.ca/jfe/form/SV_38AcTRcbkR3Youx
3
https:
survey.ucalgary.ca/jfe/form/SV_38AcTRcbkR3Youx
“ Let’s Get Started!
4
Week 1 Readings:
◈ A preface to many course concepts & intro to
the mindset & goals of the class.
◈Review the assignment instructions on D2L
so you are aware of how the readings are
incorporated into your assignment grades.
5
“The Secret to Entrepreneurial Success: Finding a
Monetizable Pain”
→ When looking for problems make sure
someone is willing to PAY you to solve
them. Vitamins, Mosquito Bites, Shark Bites
→ Your solution must have value $$$
→ This is a major challenge for many students
in ENTI 317, and results in students
abandoning ideas…no one will pay $$$
6
“Young People Need to Know Entrepreneurship is Hard”
→ Essential skill, particularly in the 21st
century economy.
→ Must understand that it is a mindset, not
necessarily a career path.
→ Entrepreneurial skills can be learned.
7
“8 Ways to Think Like an Entrepreneur”
→ 8 key skill sets of successful entrepreneurs
→ Mindset & approach to problem solving
→ Skills that you will need & use in this class
and in everything that you do in your career!
8
ENTI CONCEPT
Entrepreneurial
Thinking
vs.
Managerial Thinking
9
Entrepreneurial Thinking at the
University of Calgary
10
Managerial Thinking vs.
Entrepreneurial Thinking
11
Managerial Thinking
Entrepreneurial Thinking
Introduction to Miro
A whiteboarding
software we will use
through out the term.
Break out exercise: Managerial vs. Entrepreneurial
Thinking
◈ Zoom
eak out rooms will be randomly created, and
everyone will use the Miro board link in the zoom chat.
◈ Navigate to your
eakout room group numbers board.
◈ On the post it note on your team numbers board write a
haiku about accounting in 5 minutes:
3 sentences: the first with 5 syllables, the second with 7 & the
third with 5. They will then be shared with class.
13
Exercise: Managerial vs. Entrepreneurial Thinking
In your same groups: prepare a creative piece on
any topic of your choice (could be a song, rap,
poem, spoken word, drawing…).
You have 8 minutes.
Then share with the class.
14
Exercise: Managerial vs. Entrepreneurial Thinking
◈ The haiku exercise = managerial thinking.
◈ The creative piece = entrepreneurial thinking.
15
ENTI CONCEPT
Available Means
16
Available Means
Available Means are based on 3 questions:
1- Who are you? Traits, tastes, abilities
2 –What do you know? Education, training, expertise,
experience
3– Whom do you know? – your social and
professional network to access resources (intellectual
or physical resources) 17
Available Means
◈ Begin to imagine what can be created with your
available means to solve the problem that you have
identified.
◈ To excel in problem solving, you must know what
esources you have available to you, and then use
them to the best of your ability: eg: U of C faculty
and students
18
Available Means
“Entreprenurial Thinking Relies on Available Means”
19
“Imagined Ends”
Through
experimentation
using your limited
available means a
illant idea will
emerge.
Your Available
Means
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“AVAILABLE MEANS WORKSHEET”
Step 1: Identifying your
available means (3 questions)
Step 2: DOING something
with your available means is
called, Bricolage
21
ENTI CONCEPT
22
Bricolage
• Making do with the LIMITED Available Means
you have right now
• A refusal to be constrained by these limitations
• You must use Improvisation
• Creating value with what you have
• The power of persuasion – convince people to help
• Creativity and innovation with your resources
23
Bricolage
Bricolage: “making do with what is at hand”
• The entrepreneur acquires, compiles, and stores
material for future use.
• It is a dynamic assembly of ongoing
transformations and reconfigurations
• Resource-poor environments force recombination
for new purpose is a major source of innovation
24
4 approaches to innovation:
1. Creating something from nothing – new markets or
new services – “iTunes”
2. Using discarded, disused, or unwanted resources for
new purpose – “aGRO Systems”
3. Use hidden or untapped local resources that others
fail to see or value – “Uber” or “AirBnB”
4. Improving upon something that already exists –
“Cups2Go” 25
ENTI CONCEPT
Problems not Products
(problem identification)
26
What problem is being solved by Air BnB?
◈What is the problem?
◈Who is the customer?
◈What is the solution?
◈Discuss and present to class
27
“Entrepreneurial Thinking is another way of saying “PROBLEM
SOLVING” with limited resources.
28
Problems vs. symptoms
◈ Students that are successful in this class can
identify clear problems, not symptoms:
29
“Me too” vs. Disruptive Solutions
◈Cell phone dying:
◈Me too solution: solar powered charge
◈ Disruptive solution: battery-free cell phone
◈ In ENTI 317, we want to see the disruptive
solutions!
30
What is an innovative solution?
Problem:
Cooling a room
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New blades for
ceiling fan
Electric motor for
Ceiling fan
Air conditionerRoom fan
Start thinking about
problems you wish didn’t
exist and someone would
pay you to solve!
Homework for next week will help you to
ainstorm
32
Big or small ideas
◈ From websites for daycare to bio-based
solutions to widespread crop disease.
◈ The only constraint is that it must be a