Entrepreneurship
Wednesday 6 May 2015
Tuesday 14 April 2015
Chapter 5 - BDI Test Review
Where do entrepreneurs look for ideas?
They innovate or offer something no one else has thought of or that has never been made to work. They look at government agencies, community and professional associations, hobby groups, and trade shows. They also find new ideas in newspapers,magazines for articles.
Where do experienced business people get information?
Experienced business people get information from government agencies, community organizations and business associations.
What is the difference between invention and innovation?
Invention is when you create something new. Innovation is a change to something that already exists.
How do people protect their ideas?
1. Patents - the right to make, use, and sell an invention for a set period of time.
2. Copyrights - protects literary works, musical works, artistic works, and software
3. Trademarks - words,symbols, or designs used to identify a product or services and distinguish it from its competitors
4. Industrial Design Act -to protect anything made by hand, tool, or machine that has distinctive features
5 Integrated Circuit Topography Act - to give the creator if IC products exclusive rights for a period of 10 years
Define the following:
Lateral Thinking - means generating ideas by being flexible and creative
Trademark -words,symbols, or designs used to identify a product or services and distinguish it from its competitors
Intellectual property - a work or invention that is the result of creativity, such as a manuscript or a design, to which one has rights and for which one may apply for a patent, copyright, trademark, etc.Left Brain - functions in a sequential, analytical, and linear manner - responsible for language and language related activities.The six thinking hats :1. White hat - concerned with gathering facts, figures and objective information and it does not allow opinions to interfere.2. The red hat recognizes that emotions or intuition influences thinking3. Green hat - indicates a form of lateral thinking that includes creativity, alternatives, and proposals- encourages provocations and change.4.Black Hat- Represents the use of judgement and caution- must present the case against the idea by providing objective negative feedback5.Yellow hat- also logical but in a constructive way- looks for positive outcomes and reason why the idea will work6. Blue hat -used to lead and pull the other hats together to solve a problemsWhat are more ways to generate ideas?
They innovate or offer something no one else has thought of or that has never been made to work. They look at government agencies, community and professional associations, hobby groups, and trade shows. They also find new ideas in newspapers,magazines for articles.
Where do experienced business people get information?
Experienced business people get information from government agencies, community organizations and business associations.
What is the difference between invention and innovation?
Invention is when you create something new. Innovation is a change to something that already exists.
How do people protect their ideas?
1. Patents - the right to make, use, and sell an invention for a set period of time.
2. Copyrights - protects literary works, musical works, artistic works, and software
3. Trademarks - words,symbols, or designs used to identify a product or services and distinguish it from its competitors
4. Industrial Design Act -to protect anything made by hand, tool, or machine that has distinctive features
5 Integrated Circuit Topography Act - to give the creator if IC products exclusive rights for a period of 10 years
Define the following:
Lateral Thinking - means generating ideas by being flexible and creative
Trademark -words,symbols, or designs used to identify a product or services and distinguish it from its competitors
Intellectual property - a work or invention that is the result of creativity, such as a manuscript or a design, to which one has rights and for which one may apply for a patent, copyright, trademark, etc.Left Brain - functions in a sequential, analytical, and linear manner - responsible for language and language related activities.The six thinking hats :1. White hat - concerned with gathering facts, figures and objective information and it does not allow opinions to interfere.2. The red hat recognizes that emotions or intuition influences thinking3. Green hat - indicates a form of lateral thinking that includes creativity, alternatives, and proposals- encourages provocations and change.4.Black Hat- Represents the use of judgement and caution- must present the case against the idea by providing objective negative feedback5.Yellow hat- also logical but in a constructive way- looks for positive outcomes and reason why the idea will work6. Blue hat -used to lead and pull the other hats together to solve a problemsWhat are more ways to generate ideas?
- Word Clustering- the free association of ideas and words.
- Ming Mapping- uses pictures and key words- to help the flow of ideas and make them easier to remember
- Brainstorming- completing a word cluster or mind map with other people - can generate a large number of new and unusual ideas.
- Visualization- closing eyes and visualizing different scenarios- allows for good information
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Tuesday 10 March 2015
The Social Network Movie Questions
Name: Zedrich Vargas
The Social Network Movie Questions
1.
“There's difference between being obsessed and
motivated,” Mark assures his girlfriend. What is Mark most passionate about?
How much is he prepared to sacrifice in pursuit of his goals?
Mark appears motivated but also obsessed with achieving his goals. The film shows that he is willing to sacrifice his relationship with his girlfriend as well as his best friend to pursue his business. He is passionate about programming and being in the “club” which he thinks will make him successful. He is driven to be the best.
Mark appears motivated but also obsessed with achieving his goals. The film shows that he is willing to sacrifice his relationship with his girlfriend as well as his best friend to pursue his business. He is passionate about programming and being in the “club” which he thinks will make him successful. He is driven to be the best.
2.
Why did Mark get in trouble for creating FaceMash at the
beginning of the movie? What was the privacy rule that he broke?
Mark
get in trouble for creating FaceMash because he hacked the face book of each
house and made a software that compares two faces of girls. It was an
intentional bridging security, violating copyrights, and violation of
university policy by distribution of digitized images. The rule that he broke
was the individual privacy.
3.
Mark tells the Winklevoss twins that he uploaded
CourseMash for free online instead of selling it to Microsoft for millions.
What does this reveal to us about Mark’s motivation for creating these sites?
He never cared about the money and he created the site because he wanted to help other people instead of gain money from it. This shows his passionate with coding and in anything he does
He never cared about the money and he created the site because he wanted to help other people instead of gain money from it. This shows his passionate with coding and in anything he does
4. The Winklevoss twins
came up with the idea of HarvardConnection. What made this idea unique from
MySpace and Friendster?
HarvardConnection was unique from MySpace and Friendster because they will use Harvard.edu, the most prestigious email address in the country, and because it’s explicit. However, it’s basically about girls who want to get boys from Harvard.
HarvardConnection was unique from MySpace and Friendster because they will use Harvard.edu, the most prestigious email address in the country, and because it’s explicit. However, it’s basically about girls who want to get boys from Harvard.
5.
What was Mark’s motivation behind creating Facebook? How
is his motivation different/same to the Winklevoss twins?
Mark’s motivation behind creating Facebook was he realized that FaceMash became a hit because they want to see pictures of the people they know. And through that, he thought of creating software where it gives you pictures and profiles of the person you want to know. There’s nothing to hack in this software because people will be providing their own pictures and profiles. Mark’s motivation is different to the Winklevoss twins’ because it’s not about dating site, as what the twins are planning to, but it’s about taking the entire social experience of College and putting it online.
Mark’s motivation behind creating Facebook was he realized that FaceMash became a hit because they want to see pictures of the people they know. And through that, he thought of creating software where it gives you pictures and profiles of the person you want to know. There’s nothing to hack in this software because people will be providing their own pictures and profiles. Mark’s motivation is different to the Winklevoss twins’ because it’s not about dating site, as what the twins are planning to, but it’s about taking the entire social experience of College and putting it online.
6. “I was your only
friend - you had one friend,” Eduardo tells Mark across the deposition table.
What is Mark and Eduardo's friendship like? Why did it break down?
Mark and Eduardo had a good friendship in the beginning of the movie. It seemed like they trusted each other until Mark took away a large portion of Eduardo’s share in Facebook. Eduardo was pursuing investors but also pursuing his own interests, while Mark was building the company in California and Eduardo felt threatened by his role and Mark’s relationship with Sean Parker. He put a freeze on the money in their account. I think that both of them were wrong for doing things without talking to each other first. They were partners.
Mark and Eduardo had a good friendship in the beginning of the movie. It seemed like they trusted each other until Mark took away a large portion of Eduardo’s share in Facebook. Eduardo was pursuing investors but also pursuing his own interests, while Mark was building the company in California and Eduardo felt threatened by his role and Mark’s relationship with Sean Parker. He put a freeze on the money in their account. I think that both of them were wrong for doing things without talking to each other first. They were partners.
7.
How did Mark get the idea to include relationship status
on Facebook profiles? What explanation does he give to Eduardo for including
this on Facebook?
Mark
got the idea to include relationship status on Facebook profiles when his
friend ask him about the girl in his Art History class if she has a boyfriend
or is she going out with someone. Mark explained that relationship status is
what drives the life in college and including it in the Facebook would be
great.
8.
Why doesn’t Mark want to put advertising on the site? Do
you think he made the right decision?
Mark doesn’t want to put advertising on
the site because Facebook is cool and if they started to sell pop-ups, its not
going to be cool. Moreover, they still don’t know what it is, can be or will
be; all they know is, it is cool. And it’s a priceless asset that Mark doesn’t
want to give up. I think he made the right choice because Facebook is about
knowing someone and not selling something. Also, if ever they put advertising,
there is a big chance that advertising will over-power Facebook and the site
will not be successful.
9.
When does
Mark decide to expand the site to other schools? What role did Erica have in
this decision?
Mark decided to expand the site to
other schools when he saw Erica, his ex-girlfriend, in a club and they talked
to each other. Mark asked her if she knows about his site and he’s surprised
when she said “No”. After that, mark decided to expand so that everyone will
know about Facebook. He’s starting to expand in Yale and Columbia. Erica served
as a motivation in this decision.
10. “As if every thought
that tumbles through your head was so clever it would be a crime for it not to
be shared,” Mark's ex Erica snaps at Mark. Why are people drawn to the idea of
broadcasting their personal lives on the internet?
People probably think what they are thinking is important and that other people care what they are thinking about. Most people want attention and putting your thoughts and beliefs out there gets attention. Someone like Mark believes that his thoughts are that important. He also thinks that he is smarter and better than most people. When Mark created Facebook he probably believed that other people think the way he does.
People probably think what they are thinking is important and that other people care what they are thinking about. Most people want attention and putting your thoughts and beliefs out there gets attention. Someone like Mark believes that his thoughts are that important. He also thinks that he is smarter and better than most people. When Mark created Facebook he probably believed that other people think the way he does.
11. “The internet's not
written in pencil, Mark. It's written in ink,' states Erica, seething at the
comments he blogged about her. Why is the typed word so powerful? Why is it
tempting to misuse this power online? What positive things
can social-networking sites achieve when used to their full potential?
The typed word on the internet is so powerful because once it’s out there, there is no erasing it and everyone will see it. What people say can damage a person’s reputation. It may be tempting to misuse the power if you want to get revenge for something. The internet can be used to make a positive difference by making important information available to a wide audience within seconds.
The typed word on the internet is so powerful because once it’s out there, there is no erasing it and everyone will see it. What people say can damage a person’s reputation. It may be tempting to misuse the power if you want to get revenge for something. The internet can be used to make a positive difference by making important information available to a wide audience within seconds.
12. Who is Sean Parker?
Sean Parker is an entrepreneur and he
founded Napster, an Internet company that lets people download and share music
for free.
13. Sean Parker: 'You know what's cooler than a million
dollars?'
Eduardo Saverin: 'You?'
Sean Parker: 'A billion dollars.'
How are the themes of 'coolness' and money played out through the film? How do you think users of Facebook will react to knowing that, by sharing their lives publicly, they are allowing someone else to make billions from their personal information?
Eduardo Saverin: 'You?'
Sean Parker: 'A billion dollars.'
How are the themes of 'coolness' and money played out through the film? How do you think users of Facebook will react to knowing that, by sharing their lives publicly, they are allowing someone else to make billions from their personal information?
The themes of coolness and money are the key themes in
this movie. These are the most important things to Sean Parker and he knows he
can convince Mark that he can make him the richest and most popular person.
Mark initially did not seem motivated by money, but that changed. They were
once nerds and now they had power, women, etc. This made them cool.
14. “Who are you? . . . I
mean, what do you do?” Mark asked junior lawyer Marylin Delpy. In what ways
does Facebook encourage us to define ourselves? How does this affect our identity
and self-image?
Facebook
encourages us to define ourselves. We create profiles so that we can identify
ourselves with a certain group or groups of people. For example, where we live,
go to school, work and who we hang out with. People look at profiles and posts
and make assumptions about people based on those things even without really
knowing them.
15. How did Mark cheat on
his Art class final exam using Facebook?
Mark cheat on his Art class final exam
using Facebook by creating a page because they have a Postwar Art exam and he
hasn’t been going to school. The page enables him to post the pictures of the
painting, that they need to write something about, and people comment about it,
there will be a great debate, and through that he could get the answers for it.
16. What finally convinces
the Winklevoss twins to sue Mark for intellectual theft?
The Winklevoss twins were finally
convinced to sue Mark for intellectual theft when they learned that Facebook is
already expanding like in Cambridge, Oxford, and others.
17. Why was Eduardo right
to mistrust Sean? How is Eduardo pushed out of the business?
Eduardo is Mark’s best friend and he gave Mark money. Eduardo has the right to mistrust Sean because he likes to party. Increasingly dissatisfied with Eduardo, Mark decides to push him out of the company. To do so he does a major stock issue, increasing the total number of shares of Facebook stock available. While he, Moskowitz, and Thiel all get more shares of stock, Eduardo retains the same number of shares he originally had. Since there are more overall shares this means that Eduardo controls far less of the company than he did originally. Eduardo's share of the company went from 33%, second only to Mark's 51%, down to an insignificant 0.03%, effectively removing him as a power within the company. This enraged Eduardo and he sued Mark, settling for an undisclosed amount of money out of court and having his name restored as co-founder of the site.
Eduardo is Mark’s best friend and he gave Mark money. Eduardo has the right to mistrust Sean because he likes to party. Increasingly dissatisfied with Eduardo, Mark decides to push him out of the company. To do so he does a major stock issue, increasing the total number of shares of Facebook stock available. While he, Moskowitz, and Thiel all get more shares of stock, Eduardo retains the same number of shares he originally had. Since there are more overall shares this means that Eduardo controls far less of the company than he did originally. Eduardo's share of the company went from 33%, second only to Mark's 51%, down to an insignificant 0.03%, effectively removing him as a power within the company. This enraged Eduardo and he sued Mark, settling for an undisclosed amount of money out of court and having his name restored as co-founder of the site.
18. By the end of the
film, what judgements - if any - do you think the film ultimately makes about
Mark and the creation of Facebook? Did he steal the idea?
The film makes Mark look like a self-centered, unemotional person. He seems to care for his ex-girlfriend Erica but he constantly insults her. He doesn’t seem to understand that he is obnoxious and that other people may not care about all the money he has or being in the most elite group.
The film makes Mark look like a self-centered, unemotional person. He seems to care for his ex-girlfriend Erica but he constantly insults her. He doesn’t seem to understand that he is obnoxious and that other people may not care about all the money he has or being in the most elite group.
19. What are your
experiences of Facebook? If you do not have a Facebook account, what are your
thoughts about the site? What do you see as its benefits and drawbacks?
My
experiences with Facebook has been great because it helps me connect with other
people instantly and it’s an easy way to communicate with other people. The
benefits of it’s easier to talk to other people even if they’re far away from
you. A drawback of Facebook might be the privacy because they can access
everything you have posted on Facebook even your messages.
20. Facebook has around
500 million members worldwide. What impact has it had on our culture?
Facebook has had a huge impact on our culture because it is the way most people communicate. If you are not on Facebook you will feel like you don’t know what’s going on. Since Facebook is the easiest way to reach a large group of people, most people use it to plan parties. If you are not on Facebook you will feel disconnected or may be excluded from events. I don’t think I know anyone who doesn’t use Facebook even though some people prefer to use different social media.
Facebook has had a huge impact on our culture because it is the way most people communicate. If you are not on Facebook you will feel like you don’t know what’s going on. Since Facebook is the easiest way to reach a large group of people, most people use it to plan parties. If you are not on Facebook you will feel disconnected or may be excluded from events. I don’t think I know anyone who doesn’t use Facebook even though some people prefer to use different social media.
21. What did you think of
the film? How did you respond to Mark?
I really enjoyed the film. The
film made me feel sad for Mark. Even though the film shows how he becomes the
youngest billionaire, I think the film portrayed Mark as a very shallow and
unhappy person
Monday 2 March 2015
Tuesday 24 February 2015
Tuesday 10 February 2015
The Simpsons: Mr. Plow
- Homer announced it at church and a commercial. He also posted posters around the area
- Yes he is the only one in the city who plows the snow
- s
- He got a popular singer to advertise for him
- if you have two companies competing they can work harder then can start lowering prices
- He did the right thing because he helped his competition when he got stuck in the snow.
My 25 Secrets to Success
- Work hard
- Keep trying
- Learn from your mistakes
- Have an open mind
- Have self- discipline
- Be honest
- Take risks
- Persistence
- Strategize
- Concentrate
- Be flexible
- Work with others
- Be creative
- Create a powerful belief system.
- Invest in yourself
- You need Determination and Commitment
- “The vision that you glorify in your mind, the ideal that you enthrone in your heart – this you will build your life by, and this you will become.”–James Allen
- Go To Success “Success doesn’t come to you, you go to it.”–Marva Collins
- Excellence is Required “No one ever attains very eminent success by simply doing what is required of him; it is the amount and excellence of what is over and above the required that determines the greatness of ultimate distinction.” –Charles Kendall Adams
- Use Your Will “The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather in a lack of will.” –Vincent T. Lombardi
- Do and Dare “The person who gets the farthest is generally the one who is willing to do and dare. The ‘sure-thing’ boat never gets far from shore.” –Dale Carnegie
- Bring to everything you do your best. If it is worth doing, it is worth doing well. Bring a sense of importance and caring to what you do. Be proud of being thought of as a person who cared.
- Avoid harsh judgments of others. The world and human beings are too complex to permit sweeping judgments. To deeply resent or hate another person is to partake of a certainty that doesn't exist. There are no certainties.
- Take prudent risks. Without the capacity to run calculated risks there is no chance for enhancement. Avoid rash acts or risks. These can bring trouble, and if one can avoid trouble there will be plenty of room for a decent life.
- . Since part of life is struggle, the key resource in struggle is not to give up. Whether that struggle is with life threatening health problems or professional or personal problems, if one doesn't give up there is every chance of prevailing, and if one can't prevail then one can co-exist with the problem and still manage to have a good life.
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