Flashcards on Entrepreneurial Ideation and Brainstorming

Entrepreneurial Ideation and Brainstorming: A Student Guide

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What are the three main activities during Weeks 1–2 in the startup curriculum's Problem Identification phase?

Orientation; develop a macro industry-problem view; assemble and examine real-world problems and analyze chosen problems.

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Startup curriculum

16 cards

Card 1

Question: What are the three main activities during Weeks 1–2 in the startup curriculum's Problem Identification phase?

Answer: Orientation; develop a macro industry-problem view; assemble and examine real-world problems and analyze chosen problems.

Card 2

Question: Which weeks focus on Customer Identification & Needs Validation, and what are the key tasks in that phase?

Answer: Weeks 2–4. Identify customer segments; assess jobs-to-be-done; develop customer personas; understand customer validation; validate customer-problem fi

Card 3

Question: In which week is Solution Idea Generation scheduled, and what is the primary learning objective?

Answer: Week 4. Understand ideation techniques and generate solution ideas.

Card 4

Question: What are the objectives of Week 5, Opportunity & Competition Mapping?

Answer: Identify global competitors; review industry trends; estimate market size (TAM); introduction to financial planning.

Card 5

Question: What does Week 6 cover under Prototype Development & MVP?

Answer: Overview of prototypes and MVP; build an initial prototype; prototype for early validation.

Card 6

Question: Which weeks are dedicated to Opportunity Feasibility Assessment & Sizing, and what activities occur then?

Answer: Weeks 7–8. Map your relative position in the market and estimate opportunity size.

Card 7

Question: What are the main topics covered in Weeks 8–9 for Business Modelling?

Answer: Examine revenue model; continue revenue models; review and organize the Lean Canvas; build the Lean Canvas for your startup.

Card 8

Question: What does the Marketing & Sales Strategy module cover and in which weeks does it occur?

Answer: Weeks 9–10. Understand marketing and sales; recommend a go-to-market (GTM) approach; map a sales process.

Card 9

Question: What are the focuses of Weeks 11–12 in Financial Management for Profitability?

Answer: Deep dive into financial planning; analyze the path to profitability; understand bootstrapping and funding options.

Card 10

Question: What topics are covered in Week 12 about Team & Talent Requirement?

Answer: Finding co-founders and mentors; building an initial team.