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My BMC Journey

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Creating a business model can indeed be a bit challenging. It requires a deep understanding of your business, including key partners, activities, resources, customer relationships, channels, cost structure, revenue streams, etc. Before creating the BMC together with my team, each of us had different perceptions of what our product would look like. From creating the BMC together, we were able to decide on a direction as a team and we came up with the idea of developing an easy-access app that would create an impact on the students' common problems dealt with inside the campus which is about the distance  of printing place and school supply store. The plan is to give them access to the fastest way to provide their school supply and printing needs especially when they need it right away. In the journey of formulating our business plan, we have come to a lot of realizations, from the start, when we were still gathering information from the students about the problems and issues they de...

Customer's Reaction and Comments about our Proposed Start-Up Business (PASA-BUY)

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  Together with my team, we have come up with an idea of developing an app that is tailored and accessible to everybody within the campus of Central Mindanao University. Particularly, our start-up plan addresses the problems of the students with their printing and school supply needs to make it more convenient when they badly need it on time.  As we did the interview, we had some doubts about whether the students and vendors within the CMU campus would agree to our start-up plan.  So we decided to make some strategies for them to be able to get interested with our plan. By doing so, we have discovered that most of them are willing to purchase our proposed business plan. The majority of them mentioned that they encountered problems with the time and distance of the printing and school supply shops and aside from that, the local vendors had mentioned that their businesses doesn't boost because of this issue, both the students' customers and the chosen local vendors of CMU a...

Common Problems dealt by students in Central Mindanao University

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                                                                                Interviewed Students (Week 1)                                                            This blog contains the narrative report from the task that was assigned to us this week, which is to interview the students from Central Mindanao University about the problems they mostly encountered, especially inside the campus. During the first week of our interview, we were able to gather some information from 8 students coming from different colleges and year levels, and we discovered a variety of problems that each student had observed and encountered. One of the maj...

My Insights of the Subject Titled "The Entrepreneurial Mind"

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  I have learned that entrepreneurship is the process of discovering new ways of combining resources. It is not only about people who are trying to earn or benefit for themselves but it is for the good of everyone who could benefit from it. Having this mindset allows us to see opportunities even if other people perceive it as a problem, it is about looking for opportunities and making some changes.  These people having this type of mindset are considered to be those who find joy in creating and producing goods, these people are called entrepreneurs. They are risk-taker individuals who are willing to work for themselves and for other people as well, without thinking of what are the possible risks they might encounter. Through this chapter,  I was able to understand that having this Entrepreneurship education is not only helpful for business-minded people but also teaches essential life skills to the students like me to become well-prepared for the reality of life. This sub...