ENTR200 Lecture Notes - Lecture 2: Ambidexterity, Business Model Canvas, Expected Return
Document Summary
The entrepreneur hero myth: passion can be quickly become dogmatism, passion can blind to other ideas it is not all positive. Instead of trying to make your business model work, try to use determination to find/create the best. Bmc: commitment to intellectually honest learning, vision can lead one down a dead-end road, stick to vision, prevents open-mindedness and more opportunities/innovation, vision for possibilities that can lead to success. You know you were done you know exactly you are workings towards. Ie puzzle activity: cause and effect relationship predicts trends, more certainty. Surprises are seen as a setback: you have known variables. Side: we learn and then we do, goal orientated. Ready aim fire works for established industries: about collaborators and co-creators. To the extent that we can predict the future we can control it goals driven. To the extent we can control the future we do not need to predict it . Create the future vs trying to predict it.
