In the following exercise you will build a tower. The challenge is to build the tallest free-standing tower with limited resources. You can also play this as a team. Its …
In this video, you will learn more about minimal viable product. (M.V.P) You can test whether your proposed solution will satisfy the needs of your customers or users in different …
Entrepreneurs first need to think about how to position themselves in that market given the fact that Remember that we discussed the differences between EasyJet and KLM in the video. …
In this article, you will learn more about target market strategy for your business. It is essential to target your market and position yourself in it with a strong value …
In this video we discuss the importance of targeting and positioning as the step that follows after market segmentation. For an entrepreneur or startup, this is probably the most critical …
In this video, the University of Twente entrepreneurs share their best practices in customer research. Early engagement of customers and having an open mindset is important to identify customer and …
In this video, we introduce you to the idea of customer needs, and techniques to identify them. At first, a clarification is warranted: We have used the words “customers” and …
The following guide helps you to think about how to segment a market. Where would you start? Which information do you need? Start thinking about your business idea and what …
In this video we introduce a value-in-use perspective to better understand what customers need. Shift of focus to context and practices Value-in-use is about what customers truly value when using …
Understanding, analyzing and probing ideas with target customers is crucial in developing your venture. In this week we will introduce the practices necessary to develop your venture. We will introduce …
You have now come to the end of week 1. Congratulations! You know about different types of opportunities, and have realized that opportunity recognition, development and exploitation are key steps …
In this video, the University of Twente entrepreneurs reflect on their opportunities. The entrepreneurs share what they have used to evaluate and develop their opportunities. They pay attention to the …
In the video we gave you a general idea of what factors you need to take into account when assessing whether your idea is worth pursuing. There are a number …
The following assignment focuses on your passions. Use some separate sticky-notes to write each passion, driver and skill on. Start thinking of at least four things you are really passionate …
Opportunity, recognition and pattern recognition. When it comes to recognising opportunities in business, knowledge is crucial. Information from the external environment, prior knowledge of the entrepreneur, and the entrepreneurs’ cognitive …