Is this a real business that you plan on pursuing?
Ye, this is a real business that we plan to launch soon! We have developed a working platform on Discord, but we plan on continuing to upgrading our platform and user experience and expanding to more tutors and students, even internationally.
Do you plan on being an entrepreneur?
Yes, the experience of entrepreneurship is very fascinating and fulfilling. There’s nothing better than the experience of pursuing a project and working with a team who all share the same passion.
What were your favorite learnings from the Blue Ocean concepts (if any)?
First, we were enlightened by the concept of “Blue Ocean Market” which provides insight into how to set a new business apart in a seemingly crowded market. This is the key to success in entrepreneurship. Furthermore, we liked the tools of Strategy Canvas and 3-Tiers of Noncustomers, which nicely turned complex market analysis problems into visually intuitive charts.
How much time did you spend creating your pitch?
We spent around 3 weeks creating our pitch, which includes organizing our work, learning Blue Ocean concepts, preparing slides, recording our product in real customer scenarios, and editing the video.
What was easy?
While nothing in this competition was really “easy”, we were very happy to find that learning the mini-course on Blue Ocean Strategy was much less daunting than what we had anticipated. Imagine that we were learning the leading business strategy courses which were taught in business schools — the mini-course was designed to be very intuitive and explained the essence of the concepts in a way very easy to understand.
What was hard?
The whole life cycle of converting our idea into a real product used by customers was challenging. To start with, we overcame a steep learning curve to implement our online crowdsourcing platform. Then we found it critical to design various aspects of user experience so we revised our user interface and error handling numerous times to make our product robust and intuitive.