What is

Since my student life, I have been fascinated about technology. I used to dream about becoming an  entrepreneur one day. Lately I have been thinking about it again. How do I make a start-up and become  an entrepreneur? Can I just jump in or do I need an idea? I have been trying to give a shape to this but  I was discouraged by the many failures we hear about start-ups, even the ones that had a good aim.  Again, why do people often fail in their effort? Is it because they lack experience or money? while  wondering about this question, I learnt about this design thinking course and after joining the course, I  have become confident and found the path to success by using pattern recognition.

What if

The foremost important challenge for an entrepreneur is to envision the pattern of failure before  reaching the destination of success. Once this pattern is identified the journey should be smooth without  any hurdles. I realized mind mapping tool explained by Prof. Marian Moore in module 3 of the course  is a helpful design thinking process to look for patterns along the way in order to have a complete  overview of the project. Design thinking also shows a simple way to rule out failures along the way by  grilling down the project from all possible aspects with the specific project questions in mind to identify  issues and achieve success.

Fault finding is a crucial step to safe guard from failure. I strongly feel that step by step thinking is the  way forward to get an analytical view of the whole process. Through mind mapping, I realized success  does not come by just having a good idea but planning and execution are also important.

The wows

The wow part of entrepreneurship is making customers happy. I can only be a successful entrepreneur  if my customers are happy. To make this happen, I should think more about product design and its  simplicity. This viewing angle requires the gathering of a large amount of data from all sources to  understand the pattern underneath. Design thinking helps to sort out how my product will be different  from others and its affordability. The end user happiness is the vital part of any successful business  start-up. It is amazing to see how mind mapping helps to approach this point in a systemic way. Working  without these considerations would have been a disaster to my goal.

Working

Making a successful start-up involves multilayer thinking, including starting from finding a suitable  funding source, doing enough research to understand the competitors and usability of my product and  identifying the potential target groups. This needs complete planning and execution. Furthermore,  deciding on the location for start-up, staff recruitment, making quality product and happy customers are  also interconnected.

Selection of staff requires a major consideration of their experience and age. In addition, staff member’s  open mindedness is indispensable for accepting innovative ideas. Location of start-up plays a major  factor as it is connected with staff and customers in terms of accessibility for end users after sales  service. Similarly, staff’s happiness and their care for the start-up are also essential to make a quality  product.

Finally bringing awareness and product familiarity to the public. This can be achieved through  advertising and selecting the right media to reach the potential customers. Once all these plans are  charted out the final step is price fixing. This should be carried out with due consideration on the  affordability and logistics for the product to reach the end users. Had I implemented this idea of making  my start-up without spending much time on thinking about it from all possible angles it would have  been a catastrophe. Design thinking shows the way to structure out each hurdle in the path to make a  successful business model.


What is Since my student life , I have been fascinated about technology . I used to dream about becoming an entrepreneur one day . Lately I have been thinking about it again . How do I make a start - up and become an entrepreneur ? Can I just jump in or do I need an idea ? I have been trying to give a shape to this but I was discouraged by the many failures we hear about start - ups , even the ones that had a good aim . Again , why do people often fail in their effort ? Is it because they lack experience or money ? while wondering about this question , I learnt about this design thinking course and after joining the course , I have become confident and found the path to success by using pattern recognition . What if The foremost important challenge for an entrepreneur is to envision the pattern of failure before reaching the destination of success . Once this pattern is identified the journey should be smooth without any hurdles . I realized mind mapping tool explained by Prof. Marian Moore in module 3 of the course is a helpful design thinking process to look for patterns along the way in order to have a complete overview of the project . Design thinking also shows a simple way to rule out failures along the way by grilling down the project from all possible aspects with the specific project questions in mind to identify issues and achieve success . Fault finding is a crucial step to safe guard from failure . I strongly feel that step by step thinking is the way forward to get an analytical view of the whole process . Through mind mapping , I realized success does not come by just having a good idea but planning and execution are also important . The wows The wow part of entrepreneurship is making customers happy . I can only be a successful entrepreneur if my customers are happy . To make this happen , I should think more about product design and its simplicity . This viewing angle requires the gathering of a large amount of data from all sources to understand the pattern underneath . Design thinking helps to sort out how my product will be different from others and its affordability . The end user happiness is the vital part of any successful business start - up . It is amazing to see how mind mapping helps to approach this point in a systemic way . Working without these considerations would have been a disaster to my goal . Working Making a successful start - up involves multilayer thinking , including starting from finding a suitable funding source , doing enough research to understand the competitors and usability of my product and identifying the potential target groups . This needs complete planning and execution . Furthermore , deciding on the location for start - up , staff recruitment , making quality product and happy customers are also interconnected . Selection of staff requires a major consideration of their experience and age . In addition , staff member ’s open mindedness is indispensable for accepting innovative ideas . Location of start - up plays a major factor as it is connected with staff and customers in terms of accessibility for end users after sales service . Similarly , staff ’s happiness and their care for the start - up are also essential to make a quality product . Finally bringing awareness and product familiarity to the public . This can be achieved through advertising and selecting the right media to reach the potential customers . Once all these plans are charted out the final step is price fixing . This should be carried out with due consideration on the affordability and logistics for the product to reach the end users . Had I implemented this idea of making my start - up without spending much time on thinking about it from all possible angles it would have been a catastrophe . Design thinking shows the way to structure out each hurdle in the path to make a successful business model .