Reflect on Jonathan Bremer’s presentation about Komodo Boat covers?
- What did you love?
- Any thing that you would argue?
- Would you like more presentations like this?
I loved how chill and friendly Jonathan was. I really liked how open he was with talking about his venture. I also really liked that he served as a realistic embodiment of an entrepreneur for the class. I thought his brand seemed really cool too. it actually had me loving his product by the end of it even though I don’t have a boat or the product in hand!
There is nothing I would argue, except that…
Yes, I would love more presentations like this. I thought it was really cool getting to hear about Jonathan’s journey and the path that he took. I feel like it is really valuable to get to speak with entrepreneurs and understand the path they take/took. I feel this value would only be enhanced by more presentations like this because it would give us the chance to compare and contrast amongst the entrepreneurs currently in the field and extract our favorite methods they used or just their most effective methods and strategies.
Think back to Jonathan’s thoughts about the difference between a small business owner.
- What do you think the difference is?
- Is there one?
This question seems a bit vague since I don’t really know what I am supposed to be comparing the small business owner too. However, when comparing small business owners to individual entrepreneurs, it seems small business owners would have more stress and much more management responsibility working with a small group of people versus just being able to do everything solo and only having to depend on oneself. When comparing small business owners to large corporations it also seems like it might be more stressful and more work because the structure of a larger business is not already put in place. Small business owners are also more likely to struggle because they don’t have as much traction as larger more developed corporations that might even have small or large monopolies. So yes, there does seem to be a difference between small business owners and large corporation owners or even just individual entrepreneurs.
As you may have noticed, the Value Proposition Canvas (VPC) is a very important piece in distilling interview data into something digestible and clear.
- Reflect on your experience with the VPC
- Do you like it?
- Does it help you?
- How is the VPC process going in to VP2?
- Does your product side of the VPC match your customer side?
Yes, I actually do really like the VPCs. I feel like they are not too much work and easily put all your info into something that you can understand quickly and easily. It has helped me quite a bit. It is a good way to layout the customer’s problems and really develop that empathy to solve those problems for them which in turn will result in a more successful business that has a realistic fit. The VPC process in VP2 has gone well, there were definitely a few issues with fully understanding the VPCs initially but as of now, I feel I have a decently solid grasp on VPCs. However, for our project VPCs were a bit difficult because we were conflicted about whether to focus on the homeless who will be brought into our program (almost as if our program is the product) or to focus on the actual customer that will be consuming our product to fund the whole program. For this project VPCs, we decided to focus primarily on the homeless since that was the initial focus for the project. After completing our VPC, yes, the product side does match up with the customer side pretty smoothly. This was really satisfying to see while and after completing the VPC.
Hi Gabe!
I agree, Jonathan was so willing to answer questions. I really liked how he didn’t only talk about the product he has now but he also talked about all the steps it took him to get there, starting from the beginning of his idea. I would also love to hear from more entrepreneurs that would be willing to share their stories in the same way he did. The VPC can definitely be confusing when first learning it and it still confuses me sometimes too. But it is a super useful skill like you said. When not knowing who to focus on as your customer like in that case, it can be good to make multiple VPCs. My group made three completely separate VPC when we were still trying to determine what event would be most successful and it really helped us think it through. Great job on your VP2! I really enjoyed watching your groups pitch.