Report

"This  Our Report"

Customer Segments as an organization serves one or several customer segments.

1.  Value Propositions it seeks to solve customer problems and satisfy customer needs with value propositions.
2.  Channels value propositions are delivered to customers through communication, distribution and sales channels.
3.  Customer Relationships are established and maintained with each customer segment.
4.  Revenue Streams is the result from value propositions successfully offered to customers.
5.  Key Resources are the assets required to offer and deliver the previously described elements.
6.  Key Activities by performing a key number of key activities.
7.  Key Partnership some activities are out secured and same resources are acquired outside the enterprise.
8.  Cost Structure the business model elements result in the cost structure

Business Plans

Planning as a Process

•  The business plan is not abstract, not uninformative, not theoretical, not mysterious.

• It is a document that convincingly demonstrates that business can sell enough of it’s      products and services to make a satisfactory profit.

• It is a selling document.

Simple

-          Easy to understand and act on

-          Does it communicate its contents easily and practically?

Specific

-          Is the plan specific?

-          Are the objectives concrete and measurable?

-          Does it include specific actions and dates of completion

-          Specific persons responsible and specific budget.

Realistic

-          Is the plan realistic?

-          Are the sales goals, expense budgets and milestones dates realistic

-          Achievable, doable

Complete

-          The requirements of a business plan vary depending on the context.

Use of a Business Plan

1.       Define and fix objectives

2.       To create regular business reviews and course direction

3.       To support a loan application

4.       To define agreements between partners

5.       To set a value on a business for sale, or legal purposes

6.       To evaluate a new product line, promotion, or expansion.

7.       To define a new business.

The Don’ts of Business Plan

1.       Don’t use a business plan to show how much you know about your business.

2.       Nobody reads long winded business plan, so limit it to 50 pages.

Importance of Graphics

•      Tables and charts present information in visual formats with greater impact the word alone.

•      Plans should include graphics, bar charts and pie charts to illustrate the following.

1.       Cash Flow- The single most important numerical analysis in a business plan

2.       Sales Forecast with break even information

3.       Profit or Loss statements or cost-benefit analysis

4.       Projected Balance sheet

5.       Market Analysis

Sample Business Plan Outline

1.       Executive Summary – write this last, a page or two of the highlights

2.       Company Description- History, establishment, start-up plans

3.       Product or Services- describe your selling focusing on customer benefits

4.       Market Analysis- you need to know your market, costumer’s needs, where they are and how to reach them.

5.       Strategy and Implementation- be specific, include management responsibilities with dates and budgets.

6.       Management Teams- backgrounds of key members of the team, personnel strategy and details.

7.       Financial Plan- Profit and Loss, Cash Flow, Balance Sheet, Breakeven Analysis, Assumptions, Business ratios

7th Saturday Class

In this day our professor told us we have a role play. We pick a peace of paper that we need to portrait, we will represent a actual situation in applying a job and also with a touch of technopreneurship , our play was so funny because of mr.yamilao every scene he done something an expected reaction so our play become a comedy but it is q good experience in the end our group got a high score and we all happy special Mr. yamilao heheheheh :P 

sayang wala kamepic nun xD    

5th day Class Saturday "Exam"

Exam na xD!
We all need to review it is our prelim exam.
Our professor told us that he get the questioner in our class, so ako naman na shock at d mkapaniwala nun mkita q un exam hehehe buti nlng may alam ako ;)

4th Saturday Class

This is the questioner with answer key that I send to yahoo group for our prelim exam.
This also the day that  continuation of the last reporting. Because last meeting not all groups presented their power point presentation.  

Pirates of Silicon Valley

Our professor told us that we should  watch the Pirates of Silicon Valley were it is related to our topic in the class and our professor told that we will answer the questioner that related to the movie.

This movie is story about who founded Apple and Microsoft and a look at the early days of the companies. Apple founders Steve Job and Steve Wozniak and  Microsoft's Bill Gates and Steve Ballmer.

6th Saturday Class

T.Eco System = HELF

Human Resource Component                                    Environment Component

*Research                                                                 - science part

- thinker                                                                     - innovation center

- Idea Generator                                                        - Academic Institution

- Innovator                                                                 - RMD Center

                                                                                  - Internet Acess

*Development                                                            - Communication and other Support

- Implementable                                                          - Geographic Accesibility

- Technical People

- Marketing People

- Financiers                                                                 Laws and Policies

                                                                                   - Intellectual Property Rights 

Financial Components                                                 - Technology Licencing of legal services

- Investors

- Business

- founding agent

- financial services

3rd Saturday Class

This day we assign to have a report about technopreneurs. 

This is our first time to stand in in front to discuss the successful technopreneurs special the 2 filipino Mr. Banatao and Mr. Damarillo.  

Our prof also told us to send him a questioner for the prelim exam. 

2 Filipino Technopreneur 

               Diosdado P. Banatao was  born May 23, 1946  a filipino entrepreneur and engineer working in the high-tech industry. He was born in a small barrio of Malabbac in the town of Iguig, Cagayan, Philippines. A three-time start-up veteran, he co-founded Mostron,Chips and Technologies, and S3 Graphics.

            Banatao was known for his rags to riches story. During his childhood, he walks barefooted to a dirt road just to reach Malabbac Elementary School everyday. He then pursued his secondary education in a Jesuit run school, Ateneo de Tuguegarao. After finishing high school, he took Bachelor of Science in Electric Engineering in Mapúa Institute of Technology and graduated cum laude.

             After college, he turned down a lot of job offers including an offer from Meralco after knowing the starting salary; He later pursued and applied in Philippine Airlines as a trainee pilot. With the opportunity of staying in the United States, he then took his Master of Science in Electrical Engineering and Computer Science in Stanford University and finished in 1972 in order to enhance his craft

.

             After finishing his master's degree, Banatao worked with different technology companies such as the National Semiconductor, Intersil, and Commodore International where he designed the first single first single chip, 16-bit microprocessor-based calculator. In 1981, he discovered and invented the first 10-Mbit Ethernet CMOS with silicon coupler data-link control and transreceiver chip while working in SEEQ Technology. He was also credited for the first system logic chip set for IBM's PC-XT and the PC-AT; the local bus concept and the first Windows Graphics accelerator chip for personal computers.

            Winston Damarillo is the CEO and co-founder of Morphlabs, the world's leading provider of converged dynamic infrastructure forcloud computing he holds a B.S. in Industrial and Mechanical Engineering from the De La Salle University.
            His past endeavors include several companies which were subsequently sold to major IT companies: Gluecode Software, an open source application infrastructure company which was acquired by IBM in 2005Logicblaze, acquired by Iona Technologies in 2007 and Webtide, acquired by Intalio in 2009
            Winston is also the co-founder and chairman of the board of directors for Exist an enterprise software development company, and MaestroDev, a collaborative software development automation company.
In 2011, Winston was selected as a Commissioner in the TechAmerica Foundation State & Local Government Cloud Commission (SLG-CC).

2nd Saturday Class

4 Types of Intrepreneurship

Incremental-routine business, modest
Ex: New coffee shop 

Immitative- Immitation of vendure, same business model and template
Ex: New regional branch or franchise operations 

Rent Seeking-business utilize standards regulation and laws to share in value of enterprise
Ex: Licensing of potented ideas,products or trade secret ideas. 

Inovative-this business that are base on innovation.
Ex. New cure for infection, New dvd format, New memory chips, New ICT enchance home appliances. 

What is Intrepreneurship?
-Delivery or design of high tech product like computer hardware or devices-HP,CD-R 
Biotechnology-AVG,Telecom Company 
-Service firm when technology is critical mission.
-Use technology in the delivery or conduct of normal business activities. 
-After the discussion our prof make a grouping for the reporting next meeting.

1st Saturday Class

Technopreneurship 

-It is simply entrepreneurship in a technology-intensive context. 

-It is a process of merging technology process and entrepreneurial talent and skills. 

The Technological Entrepreneurship Continuum 

P                                                                   M

R      DISCOVERY                                         A

O              INVENTION                                   R

D                    INNOVATION                           K

U                          ENTREPRENEURSHIP      E

C                                                                   T

T                                                                   S

S

           

Who is the Technopreneurs?

-A person who destroys the existing economic order (creative destruction) by introducing new products and services, by creating new raw material(Schumpeter,1934)

-Some who perceives an opportunity and creates an organization to pursue it. 

-A person who undertakes risks(by creating an enterprise or business) that has the chance of profit(or success)

Technopreneurs distinguishes themselves through their ability to accumulate and manage knowledge, as well as their ability to mobilize to achieve a specified business or social goal.(Kuemmerle,2002)

The Tecnopreneur is a bold imaginative deviator from established business methods and practices who constantly seek the opportunity to commercialize new products, technologies, processes and arrangement (Baumol,2002)

The Technopreneurs distinguishes logic from tradition, tradition from prejudice from common ense and common sense from nonsense while integrating a variety of ideas from diverse groups and disciplines.(Manuel Cereijo,2002)

What is Technopreneurship?

Creating the new and destroying the old. 

*New knowledge

*New products

*New processes

*New services

*New markets 

*New business models 

*New raw materials

Entrepreneurial process vs Technopreneurial process

Entrepreneurial process 

Opportunity Analysis 

      ——Business Planning 

           —-Gathering Resources 

                ——-Implementation 

                        ——-Sealing and Harvesting 

Technopreneurship process 

        ——-Idea Screening 

               ——Concept Testing 

                     ——-Business Analysis 

                            ——Prototyping 

                                  ——Test Marketing 

                                        ——Commercialization 

                                              ——-Monitoring and Evolution

Technopreneurship as agent of economic growth 

Natural Capital             -Economy-                                Beneficial Outputs 

Financial Capital          -Entrepreneur as agent of -     Undesired Waste Output(minimized)

Intellectual Capital       -progress-                                 Increase safety.