January 25, 2025
The "blake" in "blakelike" who likes a lot of things
I recently went to ICS80, taught by David Ochi, since my buddy, Artur, mentioned that this teacher had hosted a student challenge called the “10:10” Challenge in the past. This entrepreneurial challenge involves working 10 weeks (1 UC System Quarter Duration) and a minimum of 10 logged hours per week on some sort of entrepreneurial vision to make at least 1000 dollars. This challenge serves three purposes: to teach students that entrepreneurship is profitable and achievable quickly, as opposed to more prominent AI startups in which investor help is required. Secondly, it teaches entrepreneurship through trial and error, which is Mr. Ochis's favorite way to teach this subject. And finally, David would allow students in his class to skip the class final if 10 hours were logged every week. Quiet frankly, it's a win win win.
10:10 Entrepreneurial Business Startup Challenge
The Beginnings of the 10/10 Challenge: Business Model Canvas (Top Image)
What is the Business Model Canvas? It is a checklist of every aspect of a business that startup companies typically utilize. There are nine parts:
The two MOST IMPORTANT categories are Customer Segment and Value Proposition. Essentially, do you have customers? Are you providing them value? Without these two, nothing else works. As for the other, they're self-explanatory. Through a mix and match of different segments, you can end up with (I'm pretty sure) every known (and possibly unknown) business model.
So, blakelike will use that to start the first business model for the 10:10 challenge. During class, David Ochi said something super important: business is just a bunch of common sense. Which makes sense; the goal is to make more money, and then people hire teams to achieve that. These layers of common sense build on top of each other, and through that, concepts become complicated. Not only in business, in my recent readings of Brian Tracy, he emphasizes the idea of clarity to achieve goals. Clarity in terms of specifying every possible path, issue, connection, requirement, etc, to achieve a goal with current known knowledge. Clarify what you will do today, this week, this month, and this year. The more clarity, the more your brain can believe it can be accomplished. Through the utilization of this concept, I wish to find every little small concept to clarify my business and hopefully build it into something complex enough to make me a bazillion dollars. Amen.