After reviewing the reading and video for the module I have
determined that the segments that I am likely going to be able to
complete rather quickly are those that are more customer based (Or
to the right of the canvas). The segments that I feel fairly confident in
completing are the Value Proposition, Customer Segment, and Key
resources primarily because I own my own soap company and I am
familiar with the entire process. I feel like the segments that I am
going to struggle more with are the segments that are more business
related such as channels, key partners, and cost structures because I
am typically in the creation department of my business. a Although I
am working towards a business administration degree I am working
diligently to program my mind to think outside the box and look at the
situation from all perspectives including what makes a business deal
viable. a I had not consider the revenue streams in detail. In my mind it
is really very simple- you create a product and you sell it for money. a
How the money progresses from one entity to another and that
process had never really crossed my mind until recently because my
husband handles that aspect of my business. I like how in the reading
on medium.com, it explains each individual aspect in great detail
which will helps as we create our own canvases.
Ebinum, M. (2019, October 17).
How to: Business model canvas
explained
. Medium. Retrieved May 18, 2022, from
https://medium.com/seed-digital/how-to-business-model-canvas-
explained-ad3676b6fe4a
