#Tech101
Explore tagged Tumblr posts
Text
Business Phone Service 101: What Every Entrepreneur Needs to Know
1 note
·
View note
Text

আসছে কোরবানির ঈদের শুভদিন, ৪০% অফারে পি.পি.আই কম্পিউটার কোর্সের সুযোগ নিন
👩🏽💻 আধুনিক যুগে ভালো জায়গায় কাজ করতে হলে আমাদের কম্পিউটারে অবশ্যই দক্ষ থাকতে হবে। প্রযুক্তি উন্নয়নের সাথে সাথে কম্পিউটার ব্যবহার আমাদের জীবনের একটি গুরুত্বপূর্ণ অংশ হয়ে গিয়েছে। 💻🖱️ আধুনিকতার ফলে আমাদের কর্মস্থল সহ শিক্ষা ক্ষেত্রে আরো নানান কাজে কম্পিউটারের অধিক ব্যবহারের প্রয়োজন হচ্ছে।
☑️ স্বাভাবিক ভাবে বর্তমানে ব্যবসা-বানিজ্য বা প্রতিষ্ঠানে সাফল্যের সম্মুখীন হতে গিয়ে কম্পিউটারের ব্যবহার অবশ্যই রয়েছে। সময়ের সাথে তাল মিলিয়ে আমাদেরও দক্ষতা বৃদ্ধি গুরুত্বপূর্ণ। 😄 এই বিষয়ে ভেবে আমরা শিক্ষার্থীদের ক্যারিয়ারের উজ্জ্বল পথের অগ্রগতির লক্ষ্যে কম্পিউটার বেসিক অফিস অ্যাপ্লিকেশন মাস্টার কোর্স দিচ্ছি, যেখানে অত্যন্ত গুরুত্বপূর্ণ ধারণা এবং দক্ষতা অর্জন করা যাবে। ✔️ আমাদের ফ্রীলান্সিং করতে গেলেও বেসিক কম্পিউটারের কাজ অবশ্যই জানতে হবে। ✨ আসুন আমরা একসাথে বেসিক কম্পিউটার কোর্সের মাধ্যমে আমাদের উজ্জ্বল ভবিষ্যৎ তৈরি করি।
🌙 সময় নষ্ট না করে ঈদুল আয্হা উপলক্ষ্যে ৪০% ছাড়ে আমাদের বেসিক কম্পিউটার কোর্সে শীঘ্রই ভর্তি হয়ে যান। ✨ আমাদের সহযোগিতা আপনাদের চলার পথে মাইলফলক হয়ে স্মরণীয় হয়ে থাকবে।
🥳 তাই কুরবানীর ঈদ উপলক্ষ্যে এই অফারের সুযোগ হাত ছাড়া করবেন না, তাই আর দেরি না করে আজই ভর্তি হোন বেসিক কম্পিউটার কোর্সে।
🎯 আমাদের কোর্সে যা যা থাকছে !
✅মাইক্রোসফট ওয়ার্ড, এক্সেল, পাওয়ারপয়েন্ট
✅বাংলা টাইপিং, ইংলিশ টাইপিং
✅কম্পিউটার হার্ডওয়্যার ও সফটওয়্যার
✅ ইন্টারনেট ব্রাউসিং, ই-মেইল
✅ গুগল ড্রাইভ, গুগল শিট, গুগল ডক্স, গুগল ফর্ম
🎯 কাজ শিখে যা করতে পারবেন
✅সরকারি চাকরিতে অগ্রাধিকার।
✅কর্পোরেট চাকরিতে অগ্রাধিকার।
✅অনলাইন মার্কেটপ্লেসে ফ্রিলান্সিং।
✅সিভি তৈরি করা।
✅কলেজ, বিশ্ববিদ্যালয়ের প্রেজেন্টেশন তৈরি করা।
✅কর্পোরেট প্রেজেন্টেশন তৈরি করা। অনলাইন এক্টিভিটিস।
🎯 কেন আসবেন প্রযুক্তির পাঠশালা ইনস্টিটিউটে?
✅অভিজ্ঞ মেন্টর দ্বারা ক্লাস নেওয়া হয়।
✅প্রজেক্ট ভিত্তিক লাইভ ক্লাস সাথে ভিডিও রেকর্ডিং।
✅কোর্স শেষে সার্টিফিকেট সুবিধা।
✅লাইভ প্রজেক্টে ইন্টার্নশীপ / জব সুবিধা।
✅২৪/৭ ঘন্টা লাইফ টাইম সাপোর্ট
✅ ফ্রিল্যান্সিং মার্কেটপ্লেস গাইডলাইন।
বিস্তারিত তথ্যের জন্য আমাদের সাথে যোগাযোগ করুনঃ
📞 মোবাইলঃ 01733662435
📧 আমাদের ইমেইলঃ [email protected]
🌐 আমাদের ওয়েবসাইটঃ https://www.projuktirpathshalabd.com/courses
🏢 আমাদের ঠিকানাঃ House 10, 6/A Level 7, Road 02, Sector 6, House Building, Uttara 1230, Dhaka, Bangladesh.
#ComputerBasics #Tech101 #DigitalLiteracy #LearnComputing #ITFundamentals #ComputerSkills #TechForBeginners #DigitalSkills #ComputerTraining #TechEducation #BasicTech #ICTSkills #CyberLiteracy #DigitalLearning #TechEssentials
#ComputerBasics#Tech101#DigitalLiteracy#LearnComputing#ITFundamentals#ComputerSkills#TechForBeginners#DigitalSkills#ComputerTraining#TechEducation#BasicTech#ICTSkills#CyberLiteracy#DigitalLearning#TechEssentials
0 notes
Text
Assignment 8
In the “Tech101 Week 9 Lecture: Planning and Principles and Processes,” Dr. Franci Maverick Lorella emphasizes that turning a startup idea into a successful enterprise requires more than innovation—it demands deliberate and strategic planning. Drawing from his experience as a former startup founder and current technology business incubator manager, Dr. Lorella outlines a framework for building a sustainable competitive advantage in the dynamic world of tech entrepreneurship.
At the core of his lecture is the assertion that startups must clearly define their vision and mission to shape their long-term direction and core identity. A clear vision acts as a guiding principle for decision-making, while the mission anchors the company in its core value proposition. However, having a purpose is not enough. Startups must answer six fundamental strategic questions that revolve around market timing, positioning, differentiation, competition, and cooperation. These questions help entrepreneurs move beyond the novelty of an idea to understand how, when, and where to introduce it effectively.
Dr. Lorella also highlights the critical role of industry analysis in crafting a startup’s strategy. Entrepreneurs are encouraged to study their industry’s structure, including customer behaviors, regulatory and political environments, growth trends, and competitive dynamics. This approach enables startups to anticipate risks, identify opportunities, and respond effectively to external pressures. Particularly, Dr. Lorella recommends applying Michael Porter’s Five Forces Model to evaluate an industry’s attractiveness by assessing factors such as supplier power, buyer power, threat of new entrants, substitutes, and existing competition.
Moreover, the lecture reinforces that differentiation and timing are key pillars of success. Startups that move quickly and position themselves uniquely in underserved or evolving markets are more likely to secure sustainable growth. It is not enough to be first; it is essential to be first with purpose and strategic intent.
Overall, Dr. Lorella’s lecture serves as a practical guide for aspiring tech entrepreneurs. His emphasis on structured planning, environmental awareness, and strategic differentiation helps students and startup founders alike shift from merely dreaming of innovative ventures to actually building viable, competitive businesses. By grounding their ideas in strategic frameworks and market realities, entrepreneurs can significantly enhance their chances of long-term success.
0 notes
Text
Techno Mae's Blog 114
In Week 14 of TECH101, we tackled the topic of “Corporate and Strategic Entrepreneurship and Green Entrepreneurship,” and honestly, it gave me a whole new way of thinking about business and innovation. This session made me realize that entrepreneurship doesn’t always have to mean starting your own company from scratch—it can also happen within existing organizations or be used as a force for positive change in the environment.
The first part of the lecture focused on corporate and strategic entrepreneurship. I used to think large corporations were slow and rigid, but I learned that many actually encourage entrepreneurial thinking among their employees. One thing that really stood out was how companies like Google give employees the freedom to explore their own ideas during work hours. That level of trust and creativity can lead to some of the most impactful innovations. We also talked about how timing and strategy matter, using Windows 8 and IBM as examples. It reminded me that innovation isn’t just about ideas—it’s about execution. Then we moved into green entrepreneurship, which was honestly my favorite part of the lecture. Green entrepreneurship is all about creating businesses that help solve environmental problems. This really hit home for me, because I’ve always been passionate about sustainability and doing my part to protect the planet. Learning that you can combine that passion with entrepreneurship was super motivating. What really stuck with me was the idea that businesses don’t have to choose between making money and doing good. In fact, green startups are finding success because they focus on sustainability. Consumers today are becoming more environmentally conscious, and there’s a growing demand for eco-friendly products and services. That made me think about the kinds of ventures I could pursue in the future that align with my own values. Overall, Week 14 made it clear that entrepreneurship comes in many forms—whether it's innovating within a big company or launching a startup that’s good for the planet. It’s all about spotting opportunities, being creative, and staying true to your mission. This session really inspired me to think bigger and more purposefully about the impact I want to make through business.
0 notes
Text
Tech101 Week 14 Lecture Series Corporate and Strategic Entrepreneurship ang Green
The Tech101 Week 14 Lecture, titled “Corporate and Strategic Entrepreneurship and Green”, offers a compelling exploration into how businesses can innovate responsibly and sustainably. Led by Ms. Luchi Flores and Ms. Jesusa Abear, the session delves into the integration of entrepreneurial thinking within established organizations, emphasizing the importance of aligning business strategies with environmental consciousness.
Ms. Flores begins by defining strategic entrepreneurship as the process of identifying opportunities through innovation and effectively managing resources to achieve a competitive advantage. She highlights three core elements: opportunity seeking, advantage seeking, and innovative activities. These components encourage companies to be forward-thinking, leveraging their existing assets to create sustainable growth.
However, embracing strategic entrepreneurship is not without its challenges. Ms. Flores outlines several risks, including the difficulty of integrating new practices into established corporate cultures, the financial investments required for innovation, and the uncertainties posed by volatile markets. She emphasizes the need for organizations to be adaptable and willing to take calculated risks to foster innovation.
The lecture also explores different models of strategic entrepreneurship, such as the Enabler, which provides funding and executive support for new ventures, and the Advocate, which champions entrepreneurial initiatives within the company. These models illustrate various approaches organizations can adopt to cultivate an entrepreneurial mindset among employees.
Transitioning to green entrepreneurship, Ms. Abear discusses the growing importance of environmental sustainability in business operations. She defines green entrepreneurship as the practice of developing and implementing innovative solutions that address environmental challenges while also achieving economic viability. This approach not only contributes to environmental preservation but also opens new market opportunities for businesses.
Ms. Abear emphasizes that green entrepreneurship requires a shift in perspective, viewing environmental challenges as opportunities for innovation rather than obstacles. She encourages businesses to adopt sustainable practices, such as reducing waste, utilizing renewable energy sources, and designing eco-friendly products. By doing so, companies can meet the growing consumer demand for environmentally responsible products and services.
In conclusion, the Tech101 Week 14 Lecture underscores the significance of integrating strategic and green entrepreneurship into corporate strategies. By fostering an entrepreneurial culture that values innovation and sustainability, businesses can not only enhance their competitiveness but also contribute positively to society and the environment. This holistic approach to entrepreneurship is essential for building resilient organizations capable of thriving in today’s dynamic and environmentally conscious market landscape.
0 notes
Text
TECH101 : Strategic Entrepreneurship: The Power Behind Everyday Innovations
When we consider products such as Post-it notes, iPhones, and Cebu Pacific's low-cost flights, we tend not to ask ourselves: what do these brands owe their success to? The reason is something greater than great products—it's strategic entrepreneurship. This phenomenon combines innovation with intelligent business strategy so that firms do not only survive but thrive in their markets.
Consider Post-it notes, for example. We all use them without batting an eyelid, be it students, managers, or educators. But do you know that Post-it was created by a 3M employee? A corporation that has now more than 79,000 products! That's the strength of innovation coupled with a company that was willing to invest in concepts. Google too, which started out as a search engine, to drive out driverless cars under Waymo. And Apple? They didn’t just make phones—they revolutionized how we use technology daily. In the Philippines, business firms such as Cebu Pacific, BDO, and Pilmico have also adopted strategic entrepreneurship. BDO was originally a small family bank that expanded to become a national giant. Aboitiz-owned Pilmico started with flour and diversified into food, livestock, and beyond. Cebu Pacific revolutionized air travel in the Philippines by providing cheap fares and paying for snacks—something that was peculiar at first but made it cheaper and more accessible to fly.
What is common to all these tales? Strategy and innovation. These businesses didn't invent new concepts so much as identify how to put those concepts to market and keep them sustainable. But it ain't always smooth sailing. It's only perhaps 20% of businesses nowadays that actually embrace strategic entrepreneurship. Why? Because change is threatening, costly, and usually counters established habits and corporate silos. Even so, firms such as Google give us an idea of what can be. Their legendary 20% time policy allows employees to use some of their paid time working on new ideas—giving birth to Gmail and Waze, among others. It's a formula that rewards imagination, pays for audacious thinking, and, most crucially, underpins it with actual support.
And so the next time you open an app, travel budget, or scribble a note on a Post-it, recall���behind that deceptively simple experience lies a combination of strategy and innovation. That's strategic entrepreneurship in practice.
0 notes
Text
Tech101 Week 7 Lecture: Pitching and Storytelling
Before watching the Tech101 Week 7 lecture on Pitching and Storytelling, I assumed a good pitch was just about presenting well-structured slides and memorizing key points. However, this session completely changed my perspective. I realized that the most compelling pitches don’t just present information—they tell a story that sticks. More than impressing investors or stakeholders, a great pitch should make people feel something and connect with the problem being solved.
One of the most memorable parts of the lecture was the problem-solution narrative. I was particularly struck by the example of an entrepreneur who started his pitch with the number “3 billion,” representing the number of people without access to clean water. That simple but powerful opening immediately framed the urgency of the problem before introducing a solution. This made me rethink how I communicate ideas—rather than overwhelming people with details upfront, I should focus on crafting a compelling hook that gets them to listen. I also found it interesting that acknowledging weaknesses in a pitch can actually build trust. It felt counterintuitive at first, but it makes sense—being transparent about challenges shows confidence and invites collaboration rather than skepticism.
Another standout takeaway was the 10-20-30 rule—10 slides, 20 words per slide, and a 30-point font size. I love how this forces presenters to keep things concise and impactful. I’ve often found myself overexplaining ideas, but this lecture reinforced that clarity is more powerful than complexity. Most importantly, I learned that a strong pitch isn’t just about leaving a good impression—it’s about ending with a clear ask so the audience knows exactly how they can support you. This made me reflect on my own communication style. Whether I’m pitching an idea, presenting in class, or just sharing my thoughts, I need to focus not just on what I say, but how I make others care.
0 notes
Text
The Power of Customer and Market Validation: My Aha Moment
Hello, my Keyomi’s!! What’s up, you guys?
Attending the Tech101 Week 6 Lecture on Customer and Market Validation was a game-changer for me. It wasn’t just another lecture for me but it was a wake-up call. I realized how crucial it is to validate an idea before jumping into execution. Many aspiring entrepreneurs, including myself, tend to fall in love with their ideas without actually testing if there’s a real demand for them. This session opened my eyes to a simple yet powerful truth—assumptions can be dangerous.
One of the biggest takeaways for me was the importance of asking the right questions during customer interviews. The speaker emphasized that questions should not be answerable by just ‘yes’ or ‘no.’ Instead, they should be open-ended to gain deeper insights. This hit me hard because, in the past, I had asked people if they “liked” my business idea, and naturally, they said yes. But as I learned, this doesn’t mean they would actually pay for it. The real validation happens when customers express a real problem that my product or service can solve.
Another key lesson was about conducting face-to-face interviews effectively. While surveys and online forms are useful, nothing beats the raw and authentic feedback from talking directly to potential customers. I was reminded that these conversations should focus on their pain points rather than leading them to agree with my idea. This part made me rethink how I approach market research. Instead of seeking validation for what I want to hear, I should listen to what the market needs.
The ‘Mom Test’ concept was another highlight for me. It made so much sense—don’t pitch your idea directly, but instead, ask about the customer’s experiences and struggles. The goal is to understand their needs, not to sell your idea upfront. I realized that many entrepreneurs, including myself, make the mistake of selling too early instead of learning first.
Reflecting on this lecture, my biggest ‘aha moment’ was that customer validation is not a one-time process but an ongoing effort. It’s about continuously refining my idea based on real feedback. It’s not about proving myself right but about discovering what actually works.
This session reshaped my mindset. Moving forward, I now understand that the market dictates success, not just my passion or assumptions. I’m ready to go out there and ask the right questions, listen actively, and build something that truly matters.
0 notes
Text
Think. Innovate. Create. – My Tech101 Takeaways
What if the key to success is determining what the real problem is and solving it? Just like most successful businessmen and entrepreneurs do, they focus on what needs to be solved. What's the problem that is still ongoing, and what might be the answer to this? This does not only help the businessperson lead to success, but it can also contribute to lessening or getting rid of the problems in our society.
The video that I watched discusses two main topics: opportunity recognition and needs analysis by Mr. Jirby Laniton and starting up in real life: transforming my idea into innovation by Ms. Geisha Gituaban. These concepts help in starting a business and guide entrepreneurs in turning their ideas into innovation.
Part of the first topic that has been discussed is opportunity recognition. It says that it is a process to identify problems that need a solution, emerging trends, and gaps in the market. For example, inside the college, there is no one selling barbecue that is still fresh and hot, and that is why you decided to put this idea into action to fill the gap. This means that as you recognize the opportunity, you will try to study and go for it if there is a higher chance that it will truly solve the problem.
Next is the needs analysis. It is defined as a process of understanding what the customer truly wants. This is where gathering feedback happens—researching customers' pain points and proposing an effective solution to meet their needs. Let's say that in school, students are struggling to find a space or area where they can sleep or take a nap while waiting for their next class because their schedule is separated. So, after collecting the data, the next step is to analyze the findings and propose a solution. Then, we see if it works or not by implementing and evaluating the results. This is how the needs analysis works.
Another topic that has been discussed is startups in real life: transforming ideas into innovation. Well, it is not impossible if we try to do it. Having an idea is not enough because it might go to waste and cannot be retained. By implementing it, we can see the progress and might add some ideas to improve it further. By monitoring and evaluating the result, the possibilities might work. The best thing that could happen is that it will turn into an innovation. Both opportunity recognition and needs analysis can help in starting up a business aimed at success.
It was inspiring to hear those testimonies, as they helped me realize that even simple or crazy ideas can be a good solution to a common problem that people face and can be turned into a business—if we just dive deeper into it, don’t doubt ourselves, and focus on positivity and possibilities. Additionally, there are already agencies here in Cagayan de Oro City that support those who want to start their own businesses.
In conclusion, if you believe that your idea can be helpful, then don't just stop there. Try, implement, monitor, and evaluate the result. Focus on improving it, and don't forget that it is important not just to focus on the services/products themselves but also to understand what the customer truly needs. Recognize the opportunity, analyze the needs of the consumer, and if you already have a full package for your startup business, then go for it. Don't be afraid to take risks—after all, living in this world is already a risk.
0 notes
Text

Tech101 lecture 3 Team Formation
During the first discussion, I realize how important
Energy Access, Energy Efficiency, Circular Economy,y and Clean transport are the future of Climate Resilience, This is related to Economic Development and how it fosters innovation, and the quality of life in a way that improves living conditions and will help to improve standards of living.
In start up it is important to equip all the necessary aspects just to build a successful career.
The next topic was the importance of start-up and how we should apply it correctly. Startups are essential to innovation, competition, and job creation in the quickly evolving economic environment of today. Startups, in contrast to well-established businesses, are frequently distinguished by their desire to upend established markets, bring innovative technologies, and offer distinctive answers to urgent issues. Their significance is seen in several areas, such as societal transformation, employment creation, technological innovation, and economic growth.
The generation of jobs is one of startups most important contributions. They frequently hire people with a range of backgrounds and skill sets to form diverse teams. Compared to larger businesses, startups are typically more agile and flexible, which enables them to react swiftly to market demands and establish positions that meet changing customer wants. This flexibility is crucial at a time when economic conditions and technology are changing quickly.
In the field of technological advancement are startups. They frequently concentrate on using cutting-edge technologies like blockchain, biotechnology, artificial intelligence, and renewable energy sources to solve challenging issues. From social networking platforms to mobile payment apps, a lot of the innovations we take for granted today started as businesses that questioned established norms. Startups' agility enables them to create and iterate rapidly, frequently promoting an experimental culture that larger firms may find more difficult to adopt. Startups encourage established businesses to develop by pushing boundaries, which makes the market environment more dynamic and competitive.
To sum up, startups are essential to promoting innovation, accelerating economic expansion, generating employment, and tackling societal issues. They make important contributions to the business and society at large because of their exceptional capacity to venture into unexplored areas and question their status. As the world becomes more linked and complex, it will be crucial for sustainable development and advancement to encourage startups and also cultivate a strong entrepreneurial environment. Communities, investors, and policymakers must acknowledge and support startups' critical role in determining our future.
#entrepreneur mindset#entrepreneur#business mindset#businessgrowth#personal growth#innovation#dream big#entreprenuership#life long learning
0 notes
Text
Understanding Customer and Market Validation

In the sixth week of the Tech101 course, the speaker discussed the importance of customer and market validation. The lecture focused on how to gather valuable insights from potential customers to ensure that a product or service is truly needed in the market.
One significant aspect of the lecture was its alignment with Mental Awareness Month. The speaker highlighted how mental well-being is crucial for entrepreneurs. Being mindful of personal health can have a big impact on creative thinking and decision-making in business. This connection between mental health and entrepreneurship was an important takeaway, reminding students that taking care of themselves is essential while pursuing their business goals.
The core of the session focused on customer and market validation. This is the process of testing whether a product or service truly addresses customer needs. The speaker explained that asking open-ended questions during interviews is key to gathering meaningful feedback. Unlike yes-or-no questions, open-ended questions encourage customers to share detailed thoughts, which can reveal deeper insights into their preferences and challenges. This method is crucial for entrepreneurs who want to understand their customers beyond surface-level responses.
Another important point was the need for hypothesis validation. The speaker referred to previous lessons on testing hypotheses, which helps students make informed decisions based on real data rather than assumptions. The lecture emphasized that
"successful entrepreneurs must continuously gather feedback, validate their ideas, and adjust their products or services based on market needs."
In conclusion, the Tech101 lecture on customer and market validation provided essential insights into how entrepreneurs can test their ideas through customer feedback. By asking the right questions and validating hypotheses, students learned the importance of making data-driven decisions. This approach prepares them to develop products that meet real customer needs, ensuring their success in the competitive market.
0 notes
Text
TEM and Tech101 Lecture Series
At the recent lecture series, Karl Fajardo, co-founder of Serial Disruptors Learning Opportun-IT, explained why revenue models are vital for all businesses, whether they’re focused on social impact or profit. Revenue models create a stable foundation that allows companies to grow, adapt, and earn the confidence of investors and partners.
Social Enterprises vs. Non-Social Enterprises Social Enterprises: These businesses focus on solving social or environmental challenges. While they make money, their main goal is to make a positive impact.
Non-Social Enterprises: These companies aim to make as much profit as possible for their owners or shareholders.
Despite their different goals, both need solid revenue models to keep operating and expanding. Why Revenue Models Matter
Sustainability: They create a steady cash flow to keep the business running.
Growth: Good models help a business expand and improve.
Credibility: A clear revenue plan boosts trust from investors and partners, making it easier to attract support.
Without a strong revenue model, businesses are at risk of stagnation and losing stakeholder confidence. Key Takeaways -Every business, social or profit-driven, needs a clear revenue model. -Choosing the right model is essential for reaching either financial or social goals. -Subscription models are effective for providing reliable income, making them a popular choice for companies looking for stability.
Revenue models aren’t just a way to make money—they’re what keep businesses going and growing.

1 note
·
View note
Text
Blog 3
TEM and Tech101 Lecture Series
Daday, Elen Grace C.
BSIT-3R3
TEM and Tech101 Lecture Series
0 notes
Text
Assignment 13
The Tech101 Week 9 lecture, led by Sir Noel and Mr. Verhilio Mapa Fuertes, offers valuable insights into the fundamental principles of entrepreneurship. The discussion centers around key elements of business development, such as pricing strategies, financing, product differentiation, and the dynamic evolution of marketing. Both speakers deliver a grounded view of the entrepreneurial journey, emphasizing that success is more often the result of patience, resilience, and continuous adaptation than instant wins.
Sir Noel shares his personal story of transitioning from a stable corporate role into the unpredictable world of entrepreneurship. He highlights how developing a unique product or service—one with a clear Unique Selling Proposition (USP)—can significantly influence a venture’s market entry and growth. For instance, understanding market channels and pricing accordingly can be a game-changer; online product prices are frequently higher than those in physical stores due to logistical and marketing costs. Such pricing strategies demonstrate the importance of adaptability to different distribution channels.
A crucial point addressed is financing. Entrepreneurs are encouraged to begin with modest capital and scale only after proving their product’s viability. This strategy not only reduces risk but also attracts investors who are drawn to measured, data-backed growth. Mr. Fuertes adds that establishing trust through financial discipline and transparency lays a foundation for stronger investor relationships.
The lecture also touches on marketing's shift from the traditional 4Ps—Product, Price, Place, and Promotion—to a more comprehensive 7Ps framework that includes People, Processes, and Physical Evidence. In today’s digital landscape, these elements are essential for building and sustaining brand recognition, especially on social platforms where consumers interact directly with businesses.
Finally, the conversation acknowledges the role of intellectual property (IP) protection. While early-stage entrepreneurs often delay registering trademarks or patents, Sir Noel recommends planning for IP protection as the business prepares to scale globally. Though it may not be immediately necessary, it becomes crucial when entering competitive or international markets.
In conclusion, the lecture reinforces that entrepreneurship is not a sprint but a marathon requiring strategic planning, ongoing education, and an ability to evolve with the market. The inclusion of a Q&A session and future lecture announcements reflects the instructors’ commitment to cultivating a culture of continuous learning among aspiring entrepreneurs.
0 notes
Text
Techno Mae's Blog 113
In Week 13 of TECH101, we dive into the world of entrepreneurial finance and venture capital—definitely one of the most eye-opening lectures so far. Finance is often the part of entrepreneurship that seems intimidating, but this session helped break it down into something much more approachable and strategic.
One of the biggest takeaways for me was understanding the different types of funding available to startups. We explored personal savings, angel investors, venture capital, and even revenue-based financing. Each one comes with its own pros and cons. For example, venture capital can give your startup the boost it needs to grow quickly, but you usually have to give up a portion of ownership in return. That trade-off is something every founder needs to think carefully about. The lecture also explained the different stages of funding—like seed funding, Series A, B, and so on. At first, I didn’t realize how structured the fundraising process could be. These stages help both entrepreneurs and investors stay aligned in terms of expectations, goals, and valuations as the startup evolves.
I also found it really interesting when we discussed revenue-based financing (RBF). It’s a less traditional option but super practical for startups that are already generating revenue. Instead of giving away equity, founders repay investors with a percentage of their earnings over time. It’s flexible and doesn’t dilute ownership, which can be a huge advantage depending on your business model. What really stuck with me was how much emphasis was placed on financial planning. It's not just about getting the money—it's about knowing exactly how you’ll use it to grow. Investors want to see solid financial forecasts and a clear plan for reaching milestones. That level of preparation shows you're serious and builds trust.
By the end of the session, it was clear that understanding your funding options isn’t just a financial decision—it’s a strategic one. As someone hoping to build something in the future, this lecture helped me see that fundraising isn’t just about pitching ideas. It’s about finding the right partners, knowing your numbers, and being thoughtful about long-term impact. Overall, Week 13 gave me a deeper appreciation for how finance shapes a startup’s journey—and how smart financial decisions can make or break your vision.
0 notes
Text
Tech101 Week 13 Lecture Series Entrepreneurial Finance and Venture Capital
The Tech101 Week 13 Lecture, titled “Entrepreneurial Finance and Venture Capital”, offers an insightful exploration into the financial landscape that entrepreneurs navigate when launching and scaling their ventures. Presented by Dr. Franch Maverick A. Lorilla, the session demystifies complex financial concepts, making them accessible and relatable to aspiring entrepreneurs.
Dr. Lorilla begins by emphasizing the critical role of financial literacy in entrepreneurship. He explains that understanding the nuances of funding options, from bootstrapping to securing venture capital, is essential for making informed decisions that align with a startup’s goals and growth trajectory.
The lecture delves into the various stages of funding, highlighting the importance of aligning financial strategies with the startup’s development phase. Dr. Lorilla discusses how early-stage ventures often rely on personal savings or support from friends and family, while growth-stage startups may seek angel investors or venture capital to scale operations.
A significant portion of the lecture is dedicated to demystifying venture capital. Dr. Lorilla breaks down the venture capital process, explaining how venture capitalists evaluate potential investments based on factors like market potential, team competence, and scalability. He also discusses the implications of venture capital funding, including equity dilution and the importance of aligning with investors who share the startup’s vision.
Dr. Lorilla also introduces key financial concepts such as valuation, term sheets, and exit strategies. He emphasizes the importance of understanding these elements to negotiate favorable terms and plan for long-term success.
Throughout the lecture, Dr. Lorilla shares real-world examples and anecdotes, making the concepts more tangible. He underscores the importance of staying adaptable, listening to user feedback, and being willing to pivot when necessary. This flexibility is crucial in navigating the uncertainties of entrepreneurship and steering the product toward success.
In conclusion, the Tech101 Week 13 Lecture provides valuable insights into the financial aspects of entrepreneurship. By understanding funding options, venture capital dynamics, and key financial concepts, entrepreneurs can make informed decisions that support sustainable growth. Dr. Lorilla’s guidance serves as a roadmap for navigating the complex financial landscape of entrepreneurship with confidence and clarity.
0 notes