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What are business ? major cost drivers ? how are they linked to revenue ?

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Whats can the company not do so it can focus on its Key Activities ? Who are our key partners ? Who are our key suppliers ? Which key activities do partners perform ?

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What unique strategic assets must the business have to compete ?

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What uniquely strategic things does the business do to deliver its propositions

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How does the business earn revenue from the value propositions

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How do you interact with the customer through their 'journey'

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How are the propositions promoted ? sold ? and delivered ? why ? is it working ?

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Whats compelling about the proposition ? why do customers buy ? use ?

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who are the customers ? what they do think ? see ? feel ? do ?

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The objective is to creates hands on tools that foster understanding discussion and easily can see the idea on blue print

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Consist of 9 building to understand overall picture of our chosen business

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Simple and easy framework to give an overview of the business

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Introduce by Osterwalder and Pigneur in 2010

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Step 4 : choosing the best idea/opportunities 

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Step 4 : choosing the best idea/opportunities 

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> choosing a business opportunity
> conduct a business plan

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Step 3 : Screening the feasibility of business opportunities 

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Step 3 : Screening the feasibility of business opportunities 

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> competition legality
fixed capital requirement      business risk
> matching societal values, community's response or people acception

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Step 2 : Evaluating Self Assessment in terms of one self 

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Step 2 : Evaluating Self Assessment in terms of one self 

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> experience knowledge skills financial ability interest
> networking

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> recognising customer needs and wants
> recognising business opportunities by scanning the environment.
> recognising business opportunities through primary sources and secondry sources

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Process Of Recognizing, Analyzing, Choosing a business opportunity and contructing a business plan

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Process Of Recognizing, Analyzing, Choosing a business opportunity and contructing a business plan

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Opoortunity can be found in many ways an in many posts

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An entrepreneur does not have to come up with a completely new idea in order to create an opportunity

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However, consumer, business associate, and members of the distribution system are the best source of idea for a new venture.

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A succesful entrepreneur looks for opportunities in a purposeful and systematic way. many people see opportunities, but the entrepreneur acts upon them

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Most of the good business opportunities do not appear suddenly but result from the entrepreneur being alert in identifying potential opportunities

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Opportunities can turn a bad situation into a good situation or a loss into a profit. opportunities are usually related to the entrepreneur's work experience, hobbies or social environment.

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Opportuinities can exist on paper or in the form of ideas

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A business opportunity is said to exist when there is room to offer a product or services in a particular market which fulfills customer's demand and preferences