ENTREPRENEURIAL MINDSET FEEDBACK 02-14-22
1) Applies a customer-centric orientation to identify unmet customer needs that can be met with a new product or service.Â NOT YET MASTERED!!!!!
You present an unmet need and a service solution. What is lacking is the meaning of the term customer centric orientation. Further, discuss how this mindset helps to identify an unmet need. Go to Resource: The Innovative Mindset Your Company Canâ€™t Afford to Lose, Paragraph Title: Prioritize problem solving.Â Â Â Â
2) Describes various business models (free, freemium, etc.) used in for-profit and social enterprises and evaluates their appropriateness in various contexts.Â NOT YET MASTERED!!!!! Â
You have a correct definition for Free in a for-profit sense. What is yet to uncover is the Fremium model forÂ profit and social and Free – for social. For Fremium, consider a company like Spotify with a free service and the benefits advertisers have from a marketing standpoint. Finally, in the case of Habitat for Humanity offering free homes – explain the value contributing sponsors have in donating goods and services and what a â€˜membershipâ€™ represents in terms of a Fremium social model.Â Â Â Â Â
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