Mini Venture: Create a venture that will run for a two-day period. You are to “design” the product/service, price it, produce it and market it. You are to submit a four-page double spaced type written report that lists the lessons you learned from the experience. As an addendum include the answers to the 5W’s (5 w’s: Who, What, When, Why, Where) and 2 H’s (How much, how often) of business planning. The purpose of the exercise is to provide students with personal context for the small business discussion that will ensue. It will allow the class to have reference points and images as metaphors that will allow them to share their small business experiences. (You can use the business model canvas to show your work in the appendix).
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