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What did you learn in the simulation about where to start?

July 3, 2022
Christopher R. Teeple

This Venture Blocks Simulation will close on 7/12. Most students will complete The Nanu Challenge in 30-60 minutes. The simulation includes tutorials and 7 levels of play that increase in complexity. Students may exit the simulation at any time and resume where they left off. You can play the simulation as many times as you want until in closes. Make sure to give yourself enough time to complete.

Click on the following link to register: https://portal.ventureblocks.com/register-1515-HMMJwpP5Bz (Links to an external site.)
ventureblocks: email :will be available for the assigned writer

After you complete the simulation answer the following questions and upload as a Microsoft word file (.doc or .docx. file)”

1. Many people want to be entrepreneurs but struggle with finding a good opportunity. What did you learn in the simulation about where to start? [spot a space]

2. Given that desirability is the focus of the simulation, what did you learn about identifying what customers need? [talk and listen]

3. How do you move from talking to people to identifying potential opportunities? [build insights].

4. How is an insight different from an opportunity? [identify opportunities]

5. What contributed to your low or high score?

6. Did you do the bonus missions? Why or why not?

7. How many times did you play the simulation?

8. Do you think you are better prepared to go out into the real world and identify customer needs? Why/why not?

9. What did you learn that has the most relevance outside of this classroom?

The questions I’m asking you define the logic of the simulation as well as an approach to finding an opportunity. In TNC you “spotted a space” that is interesting, new, and has the potential to be a source of great new business opportunities – the nanu space. But before you could identify potential opportunities you had to converse with nanu owners (ask and listen) in order to better understand who they are and what their needs might be. Then you used what you learned during conversations with nanu owners in order to build customer insights (what nanu owners need and why). By building strong insights you were then able to identify opportunities that meet the needs embedded in the customer insights. All of this represents what you should be doing outside of this classroom as you develop new ideas in this course. TNC was practice.

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