Opportunity Journal 2 - Converting Your Ideas into a Business
Reflect on business ideas, purpose of product/service, research needed, opportunity checklist, and business model.
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Added on 2023-05-28
About This Document
In this journal, the student reflects on their business idea from Opportunity Journal 1 and identifies the product/service that can be generated from it. They determine how to check whether it is a viable opportunity and describe their primary sources of revenue and main cost components for their business model. The student also identifies a small and feasible market test before launching their business.
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