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Entrepreneurship > 1.2 > Flashcards

1.2 Flashcards

1
Q

Where do Startup Ideas Come from?

A

By observing problems around you

Staying Curious

Observing

Asking why not?

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2
Q

The first step in the problem-solving process

A

Problem Identification

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3
Q

To uncover new opportunities learn to:

A

Challenge assumptions

Ask critical questions about why things are the way they are

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4
Q

Note: 95% of all new products fail

A
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5
Q

A failed company that aimed to revolutionize juicing with its wifi connected high tech juicer. It failed kay the problem was just aimed to simplify the juicing process, which was perceived as trivial by many.

A

Juicero

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6
Q

A failed startup that was launched as a homegrown messaging app that aimed to compete with giants like WhatsApp.

The problem the app aimed to solve was not perceived as pressing enough, murag tryhard ra kaayo ang app and obvious nga trying to compete.

A

Hike Messenger

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7
Q

The Process of Finding Powerful Ideas

A

Be Curious

Identify Problems

Validate Problems

Generate Ideas

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Entrepreneurship (9 decks)

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