WK10: BUSINESS MODEL CANVAS

During this week, I finally understand the importance of BMC. What is BMC by the way? The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. Once we apply this strategy, I'm pretty sure that my team will have a proper vision or we can say that the result we want is possible with this strategy.

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WK3: Change for the Better

Have you ever encountered a situation wherein you need to sacrifice something in order to come up with the absolute answer? And yes our team (Syntax) did that, we sacrificed 2 projects for 1 project. Many would ask why but there's only one answer "FOR THE BETTER". We disregard the "Give me task" and "Gaming Hub" project ideas. First of all, we find it hard to validate users and the rate of competency in the market would be high. So in exchange, we added the USTP HUB, it's a new project idea we came up. It's feature is very unique and beneficiary for students. The ff. is the idea we came up and might be good for USTP students to help them. Target Users: USTP STUDENTS During this online class, it's pretty hard or a bit confusing when browsing ustp sites which is separated from each other. >What if we can put it together in once place? Navigations(TABS AND ETC.) >PRISMS >HELPDESK >USTP COMMUNITY -Disccuss and Talk ...

WK13: Entrepreneurial Finance and Venture Capital

What is Entrepreneurial Finance? Entrepreneurial finance is the study of value and resource allocation, applied to new ventures. It addresses key questions which challenge all entrepreneurs: how much money can and should be raised; when should it be raised and from whom; what is a reasonable valuation of the startup; and how should funding contracts and exit decisions be structured. So by understanding it, it's a method used in business wherein it helps entrepreneurs to start and support their idea wherein money also go with this method. In the other hand we have Venture Capital, Venture capital is a way of corporate financing by which a financial investor takes participation in the capital of a new or young private company in exchange for cash and strategic advice. Venture capital investors look for fast-growing companies with low leverage capacity and high-performing management teams. Their main objective is to make a profit by selling the stake in the company in the medium ...

WK17: Final Pitching

This week was very interesting, but at the same time, it's very hard. We decided to disregard our project Pixcel, not because it's hard, but because one of our core members in the team was adopted by the other team. It's hard to lose someone who's full of potential when it comes to pitching. We don't have a choice but to come up with another startup project, but it's different. It's a one-way user only, which makes it simple because the user can just browse, choose, and start with the app. We made it, but it's hard to make a startup idea in only 3 days with a prototype. I'm also thankful to my teammates. I love you guys.

JRobles

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