Reflection – Mind Mapping & Learning Launch Tools

Challenge

The reason behind taking this course is that I wanted to change my mindset from being an employee to become  a business owner. The other main challenge is that I have very limited budget for which I need to plan things  properly at the lowest cost possible.

Selection

I selected to combine between two approaches, Mind Mapping & Learning Launch because I have too many things  to think of especially at the startup phase; in addition to that, I really loved the idea of Learning Launch tool since  I have a very tight budget for my project and this tool will help me gather a lot of information to analyze with a  sort of low cost.

Application

At first, I want to focus on the Mind Mapping to capture all the requirements for the startup phase, in line with  that, within the Mind Mapping tree there will be a major tree branch addressing the Learning Launch tool and its  complete workflow which will be the main source of information to answer my (What is, What if, What wows &  What works) questions.

Insight

By applying the Mind Mapping tool, I will be able to identify whether the initial phase of the project is doable and  within my budget limits.

Also, by combining this tool with the Learning Launch tool which will hopefully allow me to gather the main project  analysis data required to answer my (What is, What if, What wows & What works) questions.

Approach

As I mentioned above, by combining both tools, I have a very positive feeling that I will come to clear idea  regarding the business I am planning to launch. At a later stage, after I gain many data and set sail with the project  in the startup phase, I can think of increasing the capital through putting more investment, partnering with other  business owners or crowd funding the project.

