6th Semester Files

6th-Semester-Spring-2024/EnI/Notes/EnI-notes.tex

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+\documentclass{report}
+
+\input{preamble}
+\input{macros}
+\input{letterfonts}
+
+\title{\Huge{Entrepreneurship and Innovation}}
+\author{\huge{Aidan Sharpe}}
+\date{}
+
+\begin{document}
+
+\maketitle
+\newpage% or \cleardoublepage
+% \pdfbookmark[<level>]{<title>}{<dest>}
+\pdfbookmark[section]{\contentsname}{toc}
+\tableofcontents
+\pagebreak
+
+\chapter{}
+\dfn{Entrepreneurship}
+{
+    According to Steve Blanc, \emph{Entrepreneurship} is the search for a sustainable and repeatable process to validate a business idea.
+}
+
+The difference between a startup and a business is that a startup is a hypothesis test for a process, while a business is the tested idea.
+
+\dfn{Intrapreneurship}
+{
+    The act of behaving like an entrepreneur while working within a large organization.
+}
+
+\dfn{Bootstrapping}
+{
+    Being able to create a startup with minimal budget and without external funds.
+}
+
+\dfn{Pitch Deck}
+{
+    A marketing presentation used to gain investors and funding.
+}
+
+The design thinking process:
+\begin{enumerate}
+	\item \textbf{Empathize}: understand what the customer \emph{wants} and \emph{needs}
+	\item \textbf{Define}
+	\item \textbf{Ideate}
+	\item \textbf{Prototype}
+	\item \textbf{Test}
+\end{enumerate}
+
+\dfn{Growth Mindset}
+{
+
+}
+
+\dfn{Ideation}
+{
+    The act of generating, developing, and communicating new ideas.
+}
+
+\chapter{}
+
+\section{Business Model}
+\dfn{Business Model}
+{
+	Describes the rationale of how a new venture delivers and captures value
+}
+\noindent
+A business model canvas has nine segments in four core areas.
+\begin{enumerate}
+	\item \textbf{Offering}: Value generated and reaching customer base
+	\item \textbf{Customer}: Customers are 
+	\item \textbf{Infrastructure}: includes all necessary resources to fulfill customer value proposition
+	\item \textbf{Financial Viability}: defines costs and revenue streams
+\end{enumerate}
+
+\dfn{Customer Value Proposition (CVP)}
+{
+	Better value than competition. Measurable in monetary terms. Must be sustainable for long-term operation.
+}
+
+\subsection{Business Model Canvas}
+\begin{enumerate}
+	\item \textbf{Customer Value Proposition}: properly addresses the need
+	\item \textbf{Customer Segments}: 
+	\item \textbf{Customer Relationships}: People want to know that you care. How to get, keep, and grow a customer base.
+\end{enumerate}
+\dfn{Minimum Value Proposition}
+{
+	Meets needs and requirements of the CVP while mitigating risk
+}
+
+\end{document}