Techno-Entrepreneurship (The Start)
Entrepreneurship
It has been described as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. -Wikipedia
In an Engineering's Degree or an Engineer must also know how to buy, sell and trade. Thus Engineers also need to Learn more about launching a Products and Services.
What is Unique About Techno-Entrepreneurship?
It is Unique because Engineering Students envisions to do business in regards with technology. With technology they will be able to compensate their talent and skills to the world of Engineering and Economy.
The Start (RoadMap 1 - Find your Team)
In the beginning of a business company the Chief Executive Officer (CEO) will try to find his/her team to make the business properly Launched. We also gathered some members of the team (Real Life Simulation).
The Team
Cyrill Calo
Kenn Tomines
Eka Kushida
Joseph Tabas
Ben Jaralve
Isaac Bryle Jaim
So we have 6 members of the team to start a small business. So our team was being challenged with a Project called the "Marshmallow Tower", and we need to build a tower that is very stable and does not easily fall off. But there are materials and requirements needed for the project.
Marshmallow Tower Material and Requirements
- 10 Spaghetti Sticks
- 10 Marshmallows
- Masking Tape
- Your team and teamwork
Rules
The challenge will be composed by each group, so there are 3 groups in total. The team with the most sturdiest and the most tallest tower that will be created in 15 minutes will be declared the winner. The team shall only use the materials needed that has been listed above. To determine the most sturdiest tower of the three opposing teams, each group will have to carry their tower nice and slowly and do some harsh test runs.
Documentation
What was the importance of it?
Have you ever wondered why they challenged us to build a sturdy and tallest tower by the use of sticks and soft marshmallows? The purpose was not the tower, but the way you make the tower. The purpose was to realize the outcome of the tower.
Teamwork
We realized that the importance of building the tower is to also build a teamwork. Take note that working in a team is working for you company, it also means when is down, everyone is down. Everyone needs to agree on everthing, every members of team also needs to disagree on something. Majority of votes and choices should not be counted in decision making. A team is a team.
Design
Designing and Implementing our tower was never easy. Hence we did not even know that we were already planning at the first place. Designing is also important, in which launching a product or a service needs to have a certain purpose or design. In our handmade tower is was "Designed to be Tall and Sturdy".
Strategy
Now, there are lot of Competitors and Investors. Which all may seem so challenging. The team also needs to plan a strategy, with regards of building the tower the team must know how to plan a strategy in order to beat the competitors and attract audiences also with regards with technology.
Planning
Planning is simple, the Team must now also plan to just launch the product first. The first thing to do is to gather ideas and also the Pros and Cons. In a business plan, you will be planning to create and launch your own product/services. The market value which would be the supply and demand, and lastly the edge of your product with regards of technology.
CIAO!
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kadaghan pa ba ninyo oyyyy HAHAHA
Gamay na lng ana 😂