Goal: Finish a blog post by 2:00 am; 8:15am
Status: Completed at 8:15am
Page view start: 559 ( from 547 to 559 is 12 views).
Topic: Inspirations...
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I fell asleep, not a good habit to say that you will take a power nap late at night but really one is sleeping throughout. Anyways, I started my class in Sustainable Fashion and was inspired by nature..
I didn't realize that there was a parallel between the environmentalist, food and now fashion. I will elaborate next time. But one point to make is natural dyes come from nature. One of the classmates shared their experience from a natural dye making class. One of the exercise was to bring in used skins of avocados, pomegranate, she used blueberries and did you know onion skins can give off a nice pink or yellow? Made me want to take a natural dye class.
Tues May 29, 2012 11:00pm- Day 6
Section 2 Patterns: Item 6- p76 Multi-Sided Platforms
p76-p77 - "Multi-Sided Platforms brings together two or more distinct but interdependent groups of customers. Such platforms are of value to one group of customers only if the other groups of customers are also present. The platform creates value by facilitating interactions between the different groups. A multi-sided platform grows in value to the extent that it attracts more user, a phenomenon known as the network effect. "
p78-p79- It is an interesting piece to read this section, to quickly paraphrase this, they give examples of "Visa credit card, Microsoft Windows operating system, the Financial Times, Google, the Wii game console, and Facebook are successful multi-sided platforms." Sometimes you have to give something free to attract a customer base. "One difficulty multi-sided platform operator face is understanding which side to subsidize and how to price correctly to attract customers."
one example is "Metro, the free daily newspaper," give newspaper away for free to attract a large readership and get's it revenue by advertisement. Another example is "Microsoft, gave its Windows software development kit (SDK) away for free to encourage development of new applications for its operating systems. The larger number of applications attracts more users to the Windows platform and increased Microsoft's revenues.
p80-p81- This section is worth reading about the Google's Business Model. "The heart of Google's business model is its Value Proposition of providing extremely targeted text advertising... ( I have to resume this later tonight)
Wed May 30, 2012 11:00pm- Day 7
Section 2 Patterns: Item 7- p88 Free as a Business Model
Thurs May 31, 2012 11:00pm- Day 8
Section 2 Patterns: Item 8- p108 Open Business Models
Fri June 1, 2012 11:00pm- Day 9
Section 3 Design: Item 9- p126 Customer Insights
Sat June 2, 2012 11:00pm- Day10
Section 3 Design: Item 10- p134 Ideation
Sun June 3, 2012 11:00pm- Day 11
Section 3 Design: Item 11- p146 Visual Thinking
Mon June 4, 2012 11:00pm- Day 12
Section 3 Design: Item 12- p160 Prototyping
Tues June 5, 2012 11:00pm- Day 13
Section 3 Design: Item 13- p170 Storytelling
Wed June 6, 2012 11:00pm- Day 14
Section 3 Design: Item 14- p180 Scenarios
Thurs June 7, 2012 8:30pm- Day 15
Section 4 Strategy: Item 15- p200 Business Model Environment
Fri June 8, 2012 11:00pm- Day 16
Section 4 Strategy: Item 16- p212 Evaluating Business Models
Sat June 9, 2012 11:00pm- Day 17
Section 4 Strategy: Item 17- p226 Business Model Perspectives
on Blue Ocean Strategy
Sun June 10, 2012 11:00pm- Day 18
Section 4 Strategy: Item 18- p232 Managing Multiple Business Models
Mon June 11, 2012 11:00pm- Day 19
Section 5 Process: Item 19- p244 Business Model Design Process
Tues June 12, 2012 11:00pm- Day 20
Item 20- p262 Outlook
Wed June 13, 2012 11:00pm- Day 21
Item 21- p274 Where did this book come from?
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