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Week 14: Updating our BMC and Continuing our HFW
Going through Week 14 is really challenging at our end, considering that my members are burned out due to series of activities this week. I, too is really tired. But I believe we can pull this up once again just like how we accomplished the past workloads. For this week, we had our usual meeting and delegation of tasks. Knowing that we are to work on updating our Business Model Canvas and pursuing our High Fidelity Wireframe, we first test our hypothesis with regards to our wireframe, like will it be able to land from signup to login, and then to dashboard? Gladly, it worked. And, in line to this, we decided to continue on working via FIGMA through the lead of Anthony as we shifted roles. Together with him is my actual partner for designing which was Kennah.
On the other hand, which is updating our Business Model Canvas (BMC), I worked with Xandra to look over on what to update or change in our BMC. By then, we have edited some parts and added other inputs based on our progress. Considering our traction, our key activities are now focused at Email marketing, Viral marketing, and Business development. We also identified sub-activities to make it more detailed on how we will run our business, and that's through, Advertising via Face to face, Marketing via Social Media Platforms, and Sales and Promotions for Commissions. Other than that, the rest remained the same.
In addition, we realized that professionals have established already some connections to their clients, so instead of highlighting professionals on this application, we will give more emphasis on the enthusiasts, since they are photographers or videographers that need more help in terms of getting a client. Aside from that, we revisited our TAM, SAM, and SOM, which we updated since it used the price of our app debut promo and not the regular annual price.
Meanwhile, going through our wireframe, we have now completed the screens basing on our MVP and on the series of meetings that we had where we have laid on the table which features are to be included. To mention some, other than signup or logins, we have implemented the following screens for our regular clients and photographers and/or videographers: Dashboard, News Feed, Booking and Scheduling, Payment, Appointment, Editing Tutorial & Tips, Hire a Photographer, Hire a Videographer, Settings, Profile, Message, Post Button, etc. Subsequently, the said parties differ based on their respective accounts like as users that will find documenters to hire and as users that will look for clients and be hired. Moreover, to check if our wireframe consists our envisioned inputs, we had the options on reviewing our previous tasks, check our BMC, and assume the shoe of our target market, so that we can see if as a regular client, will this app fulfill his/her needs in terms of event documentation? Or as a documenter, will this app can really help him/her in his field of work? Though the list of the activity for Week 14 is short, we have consumed a lot of time finishing it, since we are also preparing for the final pitching. All in all, throughout this activity, we have learned how to make our UI or app interface user-friendly. We are also able to review our business model canvas by changing and adding the necessary inputs which we realized as needed aspects for our concept. Moreover, with the updated BMC, we’ve learned that it will help our team in terms of having a better way of implementing our application and as well as better understanding on what to put in our next presentation. Indeed, learning these things escalated our progress and aided us in finishing the tasks according to what and how we want it.
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Week 13: Traction and MVP
The tasks for Week 13 were a lot to process. Considering that it has series of activities such as creating the type of software you'd like to have, as well as designing its profile page, dashboard, log-in, sign-up screen, and other designs. Aside from that, we have to use a bullseye framework to manage the top three types of traction channels. In this task, Anthony wanted to exchange roles and have him be the interim designer together while I hustle and lead. We divided the tasks equitably as usual, and Xandra and I proceeded on identifying the remaining variables to be ranked accordingly.
As far as development goes, we decided to used FIGMA, a vector graphics editor and largely web-based prototype tool, as our instrument for creating High Fidelity Wireframe. We then created a landing page that was similar to what we imagined our application would be, and we were pleased with the effort that we put into it; we spent roughly 3-4 hours doing the work, and we had each other to view it especially when a certain screen is already done with design. Indeed, our Most Viable Product (MVP) served as our foundation to outline the features of our app, and grateful as well to FIGMA as our tool in realizing our app’s design.
On my part, like other than helping on the inputs and edits, I worked closely with Xandra and we concentrated on determining the traction channels through the use of bullseye framework while Anthony and Kennah focused on handling and doing the design of our application. Along with our deliverables, we didn't have so much questions since the moment a certain page is done, I then suggest right away to help my team on which one is to change. Following agreement on who would take on specific duties, the decisions that followed were met with less argument and hassles.
Additionally, through the use of Pinterest and Google, the design team which temporarily headed by Anthony together with Kennah, they had a variety of options or choices to select when making the profile, dashboard, log-in, and sign-up screens. In most aspects, the resources they have gathered helped them a lot. Further, as a team, other than sticking to what we have visualized, we further checked at how other applications were structured, and by then we modified our version by envisioning a unique way to illustrate our application. Consequently, the design team followed the required icons to make the application familiar and easy to use for our end users.
All in all, after working this week's task, we’ve learned that there are different channels which we can consider when launching and sustaining our application or our business. Besides, we learned that both clients and professionals would like to have an interface that is familiar to them, which we get an inspiration with, like getting a frame of certain apps that are usually utilized by most of the social media users such as Instagram and Upwork. In addition, when making the landing page design, we thought of our MVP and possible features to include so that it will be user-friendly for both the regular clients and the enthusiasts. Other than these learnings, I found this activity interesting and valuable since this is the time when we fully shifted roles to really work things out and finished our activity.
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Week 12: Business Model Canvas
Well, on the 12th week, we are somehow relieved due to the fact that the format on how we will do the task was provided to us like the idea and layout of how to create one, which made things more convenient because it didn't need so much research in terms of how’s the template of the Business Model Canvas (BMC). Indeed, what we have to do is look into its parts and supply it with necessary information related to our application or concept.
Delving into the details, the BMC has nine variables, which are as follows: Key Partners, Key Activities, Key Resources, Value Proposition, Customer Relationships, Channels, Customer Segments, Cost Structure, and Revenue Streams. In a bigger picture, the said variables are the parts that will outline and provide visualization of our Business Model Canvas.
In making our canvas, our group were able to make collaborative judgments after acquiring and analyzing the necessary data, which then allowed us to decide on which category should a certain idea will be placed. Afterwards, we proceeded on filling in the details on its specified category. Upon making a decision, we employed simple methods such as analysis, discovery, evaluation, and discussion with the members.
Other than that, our team had a series of options especially on value proposition, channels, cost structure, and revenue streams. To mention, we opt to make our start-up as a mobile app for finding service providers and clients, an app that is dedicated for both service providers and customers, has service fee range details, has a review rating system for service providers, includes different offers, localize, and an app that is easy to use for everyone. On the other hand, the options that we have agreed for the channel are mobile app stores and social media platforms. Subsequently, our cost structure includes Technical and Application Development, Application Maintenance, Marketing, and Customer Service Employees. As with Revenue Streams, we included the subscription fee for enthusiasts/professionals, and success fee which will be charged under the regular clients.
After all, we’ve discovered that in making the Business Model Canvas, we need to consider a lot of factors especially the Key Activities, Key Resources, Customer Relationships, Channels, and Cost Structure which are the terms that we haven’t learned that much in the past activities. Additionally, in doing this week’s activity, we realized that the past activities especially the Revenue Model is really a great help for it has already pictured out the other factors that are involved in this Business Model Canvas such as Key Partners, Value Proposition, Customer Segment, and Revenue Streams. In a general sense, we’ve learned that the Business Model Canvas will be our guide that will give us an outline about the general overview of our concept or application.
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Week 11: Revenue Model
This week has been particularly exciting for us because that's where our creativity or measured intelligent assumption runs wild by outlining how we aim to make a profit through our application. In creating one, we made ourselves aware of what is a Revenue Model and what composes it. Along the activity, we found out that Revenue Model consists of five guiding questions, namely, Who Pays?, How Much Is Paid? What is the price?, How Do You Get Paid?, as well as How Much Is Paid?. As usual, the group conducted more research outside of the webinar, and we acquired the basic procedure for proceeding towards constructing our model.
In doing so, we have accomplished our revenue model by referring to the material we collected in the prior weeks which were the following: seeking potential sponsors, marketers, etc; determining who pays by examining our target market, such as our clients; examining the evident structure, functionality, and technical to determine how much we would invest/pay to keep the app running; determining if our application will be handled using credit or spot cash methods; identifying or estimating the cost of obtaining definitive pricing; and determining what is often paid by examining the reservation or per use of our app.
Given that my team is made up brilliant members, we were able to distinguish and segregate the decisions by assigning a specific series of assignments for each of us to solve on our own, ensuring that we wouldn't have to worry about the outcome since we trusted each other to manage the group's challenges. That being said, we have answered who are our primary customer and how we will make money. Also, the team has decided on how we will price our service and were able to pulled up the basic math on revenues and conversion. Further, we were able to solved lifetime value of an average customer by looking for the formula and right numbers to use.
And since the revenue model is a tool for building our financial income, the variables were identified and outlined in the model to serve as our overview when doing our application. Well, as with the team's options, we proceeded on discovering which way will be better in making Revenue Model so that it would look as credible and realistic. Subsequently, we have done our analysis on what a revenue model entails and we utilized our findings from the previous group works.
Afterwards, we’ve learned how to create a revenue model as well as revenue stream strategy for our start up. Also, through the revenue model, we were able to identify new factors for our insights such as “new client” classifications, etc. On the other hand, when computing the revenue, we need to get the success fees from the enthusiasts and regular clients, and that we need to decide how much would be our commission rate on the clients’ side, then add up the total revenue. Moreover, we realized that pricing doesn’t just rely on estimation but on different factors like costs, operating expenses, etc. Lastly, in solving the Customer Lifetime Value (CLV), we need to get first the Lifetime Value (LTV) which includes net income. With this week’s deliverables, I found them heavy but at the same time, worthwhile since we were really challenged especially in the computation yet still, we were able to accomplished it.
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Week 10: Creating Competitive Advantage
In this week, Creating Competitive Advantage is our main task. For this activity, we created competitive analysis wherein we started on creating a competitor overview which allowed us to identify our competitors, their distinctiveness from ours, and of course our similarities. Following that one, we conducted market research, comparison on our product/service features, comparison on product marketing, use SWOT analysis, and identify our place in the market landscape.
The mentioned steps have also several guidelines to follow such listing the possible direct or indirect competitors, interviewing possible customers, examining competitors’ websites, identifying our strengths and weaknesses, and understanding our stand when entering the market.
In doing this activity, we realized that it’s kind of a difficult task which needs collaborative effort. Thereafter, we decided to do it in pairs, yet preferred to do some parts individually for it works more convenient in that way. Afterwards, we delved on making the Competitive Advantage Presentation which composed of the description of our company’s target market, details about our service versus the competitors’, current and projected market share-sales-and-revenues, pricing comparison, marketing and social media strategy analysis, and differences in customer ratings.
With our team’s options on how we will deal with our competitors, we considered the different businesses that have somehow the same offers with our concept since our service has no direct competition. Along with it is that we researched and visited the Facebook pages and website of the acknowledged businesses, and we can say that our service’s edge is that we are on a specific application and we include customers' details in the app. Further, documenters will be featured in a way that they can show their portfolio, profile summary, and price range of their talent fee. This will help customers to have a clear sight on which one they will hire. Moreover, our app will have standard procedure of booking including options for inclusions and chat support that will help both the regular clients and enthusiasts/professionals.
Meanwhile, in getting the current and projected market share, sales, and revenues, we divided the company’s total sale with the total sales of the market and multiplied to one hundred which then resulted to 6.56%. As for sales, we multiply the number of units sold to the average selling price per unit and got a product of P15,474,900 in a year. As for Revenue, it’s quantity times price, which then gave us a result of P154,749,300.
After hurdling this week’s assignment, we learned that competitive analysis needs research to gather the data about other businesses that directly or indirectly relates to our start-up concept. In doing so, we need to visit their platform/s. Also, in comparing product or service features, we need to identify ours first then see where we are the same then compare the factors including the pros and cons. Furthermore, through SWOT Analysis, we were able to identify our strengths and weaknesses, and possible opportunities and threats. Besides, in solving market share, sales, and revenue, we learned to look and use formulas from other sources and then review our TAM, SAM, and SOM to solve the needed numbers. Lastly, we learned that customers have different preferences which entails different factors to consider like platform, price, payment method, etc. And these will be useful in improving our concept or application in the future.
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Week 9: Market Identification and Sizing
On our 9th Week, we are tasked to initiate our Market Identification and Sizing. In this activity, we are to assess our market size and share which comprises of the following: Identify a Customer and Market Need, Size the Market, Competitors, and Growth Potential.
Besides, we are to formulate as well our TAM or Total Available Market which is the total market demand for a product or service; SAM or Serviceable Available Market which is the segment of the TAM targeted by your products and services that is within our geographical reach; and SOM or Serviceable Obtainable Market which is the portion of SAM that you we capture.
In doing the said activity, we have designated the parts of the task and researched on what will be our hypothesis in terms of calculating for the said TAM, SAM, and SOM.
For TAM, we have taken into account the total number of population of Cagayan de Oro City in 2022 as the total number of end users. But to really get the Total Available Market, we multiply the total number of end users (786,304) to the estimated price that one customer would pay a year which is Php 300. So, that’s 235,891,200.
Now, delving into the Serviceable Available Market, we are targeting users that age 18-45 years old that have smartphone devices. Knowing that 18-45 years old this 2022 are born in 1977 to 2004, so that’s 515,831. In order to get its percentage on the current number of population in CDO, we divided 515,831 ÷ 786304 and that’s 66% then multiplied to TAM which is 235,891,200. That’s equal to 154,749,300.
Now, we already know the people with the target age and device. So, the next thing to do is focus on, who can buy our product? We considered the employment rate from 2020 which is the only latest data from PSA (91.8%) to identify the potential buyer and the serviceable obtainable market which is from SAM = 154,749,300. So that’s, 142,059,857
As with team’s decision, we decided to that in the following year, the application will adapt changes based on the concerns and feedback from the end users. Thus, the app is expected to have its 2.0 version for better service. Moreover, terms and conditions will be subjected to changes as to cater the needed amount to sustain the development of the app.
As for team’s options, we opted to have several steps on how we will grow our services. First, spread information/advertise the services we have to gain potential clients, and hire enthusiasts/professionals as event documenters. Second, promote the start-up application, especially to those who really need our services. Third, make budget-friendly packages/offers, but still quality-based to attract more of our target market and increase our brand's competitiveness against competitors. Fourth, build brand loyalty by offering reasonable discounts. Fifth, aim for consistency in branding for it is important to help the target market recognize the application easily and as well as to project a favorable image and demonstrate how it will outperform the competitors. Lastly, provide a section in the app for feedback and concerns where users may make suggestions for the application to improve and innovate more. This can also help us in the decision-making process on what will be our next steps, what are the things we still need to add, and also to determine if we’re able to meet their needs or not.
Furthermore, we as a group learned and found out that there are inadequate references to back up our market identification and sizing for our concept, yet we were able to utilize the available resources and did some research and calculations. Other than that, the number of the population is not directly the Total Available Market (TAM). Instead, TAM is the total number of end users multiplied to the price that one customer would pay a year (Aulet, 2017). Perhaps, it is not easy to solve or calculate TAM, SAM, and SOM. It needs thorough understanding and right references to really get the respective numbers for each market size. In addition, we understand better our service/product and target market by identifying competitors and growth potential. Moreover, we’ve found out that our target are not really millennials alone but a mix of Gen X, Millennials, and Gen Z (Beresford Research 2022; Pew Research Center; U.S. Census Bureau).
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Week 7: Effective Communication and Storytelling and Lesson Learned Pitching Template
Before the midterm starts, we had our Week 7. And I guess, it is the most comfortable to do since it will just continue the gathering of feedbacks from new set of interviewees. As per Ms. Rhea Suzette M. Haguisan, our speaker this week, she covered a lot of information and gave us enough knowledge to keep us motivated to finish it. We were told to conduct another MVP interview with at least three individuals and create a presentation based on their responses.
We dealt with this by approaching previous interviewees for a follow-up interview, believing that this was the best choice for bringing our ideas together. We sent them a message and asked when they were most available, and we set up an interview time. Given that they are able to respond to our questions, it was a fruitful discussion with every one of them. The same thing happened throughout the other interviews; we got along relatively, smoothly, and that, we greatly appreciated their contributions.
After our CEO has acquired the necessary information, he passes it on to our engineer, who evaluates it before passing it on to me and my partner along with the layout to be presented and then submitted. Besides, as with any other processes, I did almost all of the layouts for this activity as my payback to them this week since I was somehow not able to give my utmost time last few days due to my grandma's lost. The team was as productive as they had been in prior weeks, which was a good way to check in on our earlier interviews and evaluate how they were doing in the last weeks of the semester. We'll keep our heads high and our minds fixed for the remaining weekly challenges as we continue on our journey.
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Week 6: MVP and Wireframing
As I compose this, I can't help but feel happy and excited about how far we've come; and we're almost there; I can even imagine the application we're designing right now. Even if it's only an idea, it pushes us to keep going and see how things go. So, in week 6, we were tasked with creating a Minimum Viable Product (MVP) and Wireframing for our chosen project. However, I was emotionally unstable this week due to my grandma's death and had to take a break to give time to my nana on her funeral. Yet, more than this grief, I'm grateful that my group members are still working hard on our project. Hence, I still did my part because I want to contribute to this activity by evaluating and sharing ideas, especially in wireframing layout to finish our work.
I'm glad our leader put in so much effort, especially in our wireframing; it's incredible that we were able to come up with such beautiful screens, especially now that we've had the unique opportunity to create an app utilizing FIGMA; they said they edited the wireframes while calling in Google Meet, and they were able to have so much fun and share different ideas.
Making the MVP, on the other hand, is challenging, but I'm pleased that our Engineer put in a lot of effort to figure things out; she even used Google and YouTube to accomplish the work that she was entrusted with, and I love how she showed us an output and exceeded our expectations.
For this week, I think the highlight and my insight is to really look into possible ways, either technical or conceptual approaches so that we can continue to be on track. Furthermore, we're looking forward to the approaching activities, and we always make it a point to give it our all.
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Week 5: Customer Segmentation
It's been weeks into the activities, and we've reached the fifth step of the process, which required us to build a customer workflow diagram, then draw our customer/persona on three persons, and finally, determine the type of market we're entering. Prior to the start of this activity, we had a discussion about it, in which we discussed the target market. This made it easier for us to test it by determining what kind of application we are trying to achieve.
Let me tell you how we went through each activity one at a time. When we interviewed the individuals included in this activity, we had already asked the question about the customer workflow and received their feedback. The design was inspired by the sample in our lecture, and we were able to fill in the blanks of the persona by making it look related.
We had previously identified the target market through our earlier discussions, therefore it was up to us, the designers, to come up with a layout that demonstrated how consistent our documents were before submission. And to highlight an insight during this week, I think, looking into the responses of the interviewees, utilizing them, and having a meeting with my group will really create something useful for this project.
After all, we were able to take a break. It was excellent to end week 5 well, especially because we were finishing up the activities for the Midterm at this time of the week. With the remaining activities, all we can aspire for is to do everything on time and with a quality that will allow us to be proud of our efforts.
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Week 4: Questions and Hypothesis
Another week, another tasks to complete. And yes, we are now done to Week 4. Crafting questions and hypothesis for our chosen start-up idea.
Well, this week asked us to do again interview, but this time the questions will be checked by Ma’am Bete before relaying it to the new set of interviewees. Before I share my insights this week. I would like recall an event where there was a conflict of interest that happen between my group and the other one. A certain member of that group was once our member in the Mental Health Campaign we had last semester. Speaking of our campaign, we have admired it as one of the ‘source’ of one of our start-up ideas. Bottom line for that was, me and group didn’t do anything that would bother her since we don’t solely claim the campaign since it was a collective effort, and should have been carried through personal channel rather than bringing to the class.
Anyway, it was settled when Anthony formally messaged the class and good thing Ma’am Bete is understanding and allowed us to address the issue. On the real side of this week, we decided to choose on an idea that we think helpful and useful to our users and the community around us. We interviewed certain individuals whom we believed could have good insights as to what we we are trying to accomplish. We approached enthusiasts and professionals in the photo and video industry, and held a survey and interview. However, as what we have realized last week about our interviewees, they have different work or schedules, so implement again a set of questions that will be sent via Facebook Messenger and we will just wait for their replies.
With the feedbacks that we have received especially from the three enthusiasts/professionals, I can say that it was indeed meaningful and helpful for the inputs of our start-up idea such as how photographers and/or videographers communicate with their clients and how they accomplish their tasks. Meanwhile, our hypothesis was then centralized on the idea of SNAPHS, relating to how it will function to provide ease to our target market. Afterwards, we submitted the compiled document and was revised a little for the better and finality.
In a nutshell, we enjoyed the activity though upon kumustahan with my groupmates, everyone is tired. Yet, still fighting for our endeavors in life.
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Week 3: Value Proposition and Business Thesis Template
On pursuing the weekly step in our Technopreneurship, I, together with my group realized that Week 3 is something hard to make. In fact, we even inquire to other groups about their tasks related to this week yet they are still on the processes of deciphering it.
Thinking about the laid instructions, I can say that it will take time to do considering that, we need to identify the target market and then at least interview 10 of them. Considering that we are required to interview people outside our circle, it would be difficult. You know, you’ll approach people that you haven’t meet even once or not so close to you, and ask a for their ample time. Well, it’s part of the process. And luckily, we have interviewed the expected audience.
Afterwards, we went to summarizing the responses we got from interviewees. Following the other steps, it’s undeniable that it took us around 3-4 days to finish since it’s a lot like from the formation of our Value Map, Value Proposition Canvass, Customer Profile and other documents.
On reporting session, I have acknowledged the suggestion that Ma’am Bete, our Technopreneurship Instructor, suggested. It’s already good yet better if we have tried to give follow ups on certain questions. Well, the interview was performed in a way of sending a set of questions that we have crafted then wait for interviewees’ reply. It was done that way since we can’t demand for the interviewees to meet them physically or meet online on specific time. Thus, we made it flexible to them. Fortunate enough that they all replied and are okay for future interviews relating to being a client and a photographer/videographer.
Indeed, it was really challenging. And I want to highlight the different efforts of my groups for doing our tasks amidst its difficulty. Congrats to us guys, let’s keep moving forward.
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Week 2: Team Formation
As I embarked with the second week of our Technopreneurship activities, I realized that the live session that we had via Facebook on Center for Entrepreneurship & Technology (CET) really gave a new and great idea of doing the highlight task of the week, and that is the ‘Team Formation.’ According to Ms. Rhea Suzette M. Haguisan, “In a group, there should be a variety of individuals with different interests and capabilities (non-verbatim).” This is not to bring conflict, but to promote more ideas that differs from one another. In that way, the group will have a diversified set of ideas which may result to a more unique project or outcome. Subsequently, I just found my group this week and they are: Anthony L. Lim, Xandra Khately Anne M. Obispo, and Kennah Angelica R. Baño. As a group, we had our first meeting regarding our respective Innovative Index and Personality Test results. By that, we found out that Mr. Lim is an Assertive Architect, Ms. Obispo is a Turbulent Logician, Ms. Baño is Turbulent Defender, and I’m a Turbulent Commander. In an overview, or base on the personality test as a measure of who must lead the group, it should be the one who is assertive (knowing that assertive people are more able than turbulent ones especially in making decisions), and so yes, that is Mr. Lim. Since, the rest are Turbulent in identity, we then weigh who should stand as next to our Leader, and that’s me as per group’s decision, and the two will be our subordinates along the tasks that may come in the course subject, Technopreneurship.
By then, the group decided to choose Anthony L. Lim as the hustler; Xandra Khately Anne M. Obispo as our Engineer; Kennah Angelica R. Baño and yours truly, Ryan L. Ga-as as Designers. Though, we agreed to consider me as next to Mr. Lim, we opted to make Ms. Obispo as our Engineer since we need to utilize who is more into the mentioned position and who is more capable or needed on the other. Before proceeding to our group’s name, we have first discussed our top 5 startup ideas and narrowed them down so that we can choose one, then name the group based on our chosen startup idea. So, these are our top 5: 1. YouMatter App. This concept was based on a campaign called YouMatter. YouMatter is a mental health campaign that provides positive contents, inspiring stories and FAQs for USTP CDO students through the help of Registered Psychologists and Psychometricians. The inception of this idea is to target a specific individual or group that struggles with their mental health, the app will provide assistance on whatever matter concerning the aforementioned. It also has other features such as (1) redirecting to professionals, (2) Playlist Section and (3) Journaling. 2. E-CARE App. Making the services of USTP HIMS more accessible and easy-to-use for our students in USTP. In other words, making it convenient to use through a mobile application than relying only on the website of USTP HIMS unit.
3. PeKit App. Where you can “pick-it-up” all the personal kits that you want or you need to bring as you do your endeavors or as you travel from one place to another. Though the pandemic is somehow light now, we still need to be vigilant and equipped in everything we do. So, this app will serve as online store that will sell personal kits especially those products that are helpful in one’s day-to-day stuff in this new era.
4. SNAHPS. “Smile Now At Higala Photo Studio.” This is an application where one can book for a photoshoot or video-shoot in a Photo Studio. It is also inspired by Cagay-anon Trademark - ‘Higala’ where it will feature Higalas who are photographers and/or videographers and are ready to be hired depending on the request of the client like weddings, debuts, parties, etc (considering IATF protocols). So, this app would be great as it will solve the problem of various customers with concerns on documenting their events or keeping moments and memories. This will also offer jobs to our dear Higalas (Photographers and Videographers) who lost their jobs during the rise of pandemic.
5. Audy App. Your audio stuff application. An application that provides a good quality system that even though it's important to have a good podcast studio setup, we don't recommend waiting around until you have the time and money to build one. It's better to start recording episodes sooner rather than later. This application is designed for podcasting, radio journalism and other spoken-word audio. This will offer how-to guides and also some sort of store that sells audio equipment or materials.
So, after the long discussion and deliberation, we have chosen the SNAHPS, as it is more marketable and is on trend especially for Millennials and Gen Zs. It also offers technological solution to those who need documenters for their special events in life, and as well as job for our dear Higalas who are photographers and/or videographers. Moreover, we believe that having a marketable and trendy app will have more opportunities of having a good startup. Further, as mentioned, the chosen idea will be the basis of our group name, so now we named our group as “SNAHPS.” <3 With our recent meeting and decision, I’m looking forward to have a good kick off in this endeavor with my groupmates.
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Week 1: My Innovation Index and Personality
For this week, we are tasked to join on our slack channel and follow the official Facebook Page of Center for Entrepreneurship & Technology (CET) for these will be our medium of announcements and activities other than Facebook Messenger (Group Chat) and USTeP (an e-portal for USTP students). Along this week, we also need to submit our Index Innovation and Personality Test Result. So, to begin with, I started my tasks and proceed on taking the said tests. Based on the Berkeley Innovation Index Test (BIIT), my Personal Innovation Mindset Level is currently 79.44 out of 100 (as shown in the lower photo/chart). Since this is new to me, I will just directly share what were the other details of the result. With my Innovation Mindset Analysis, Trust is 63.33%; Resilience is 82.5%; Diversity is 92.5%; Belief is 90.67%; Allocation is 90%; Collaboration is 82.5%; Comfort Zone is 56.67%; and Innovation Zone is 86%. Having an overall result of 79.44%, this says that I need to improve all the other aspects with a total of 20.56%. I guess this improvement will be attained or somehow achieved as I deal and go along with the various tasks together with my groupmates in the future. On the other hand, as I took the Myers Brigg Test Indicator (MBTI), I noticed that most of the questions were related on my day-to-day living. And that, the result came out as what I expected. So, yes! My personality revolves more on being a “Commander.” To be exact, I’m a turbulent one. According to NERIS Analytics Limited, “It’s much more difficult for Turbulent Commanders to prevent even moderately stressful events from affecting them. However, Commanders, in general, see themselves as being on top of things and likely to rise to meet life’s challenges. So, while Turbulent members of this personality type may experience stress more acutely, it doesn’t necessarily derail their momentum in life.” Indeed, being a Turbulent Commander might have a set of drawbacks, but I believe that I can bounce back and perform better than before. I guess, life’s like that, prone to a lot of trials, yet one should get used to it, get bolder and stronger. And I think, that’s who I am - “daghan ga-agian, pero mupadayon gihapon.” Moreover, the said test states that my role is an “analyst” and my kind of strategy is “social engagement.” Well, both are true. Though my identity is turbulent, I often aim to make decisions using my head rather than their heart. In other words, I do take things objectively and not subjectively. As with the kind of strategy, the result tells that 95% of Social Engagers say that helping others boosts their self-confidence. Indeed, that’s right, I tend to help others as it makes me feel that I’m doing something good. In a nutshell, my personality asserts that in the aspect of mind (how I interact with I environment), it’s 73% extraverted; in energy (where I direct my mental energy), it’s 58% intuitive, in nature (how I make decisions and cope with emotions), it’s 58% thinking; in tactics (approach to work, planning and decision-making), it’s 67% judging; and lastly, in identity (showing how confident we are in our abilities and decisions), it’s 57% turbulent. All in all, there might be things that are still vague at my end, I’m looking forward in figuring it out to gain more knowledge, improve myself, attain success, and pass my Technopreneurship course.
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