Business Model Development Class Journal
Sharon Walton 3/25/18
Business Model Development Journal Entry
1. What your original goal was for this course.
2. How the goal was met by the course.
3. What you learned from this course.
4. How you will apply the material learned in the course personally or professionally.
My original goal for this course was to not become limited by my current status, to hone in on my business weaknesses, and to keep expanding my horizons. The Business Model Development course at Full Sail University helped me with my business model development goal of not becoming limited by my current status, by prompting me to continue to further improve my concept and providing a diversion from thinking about the things I have no idea of how, yet, to accomplish. Streaming my thoughts and providing a tangible example of a business model to examine the actual nuts and bolts of the what and how to do, of something I love, (Cirque Du Soleil) made it easier to maintain consistency in focusing on my business model. Thus, it helped me to hone in on the things I could improve, rather, than on the things over which I have no current control. It also helped to maintain momentum and prevent what would have, otherwise, been a stall of the entire creative/ innovative process that must be completed in order to bring this product to fruition. Finally, having such an astounding model to explore inspired me to think of ways to brand an “out of the box” experience for my users, and gave me more ideas of how to make it work.
From this course, I learned to just keep moving and in order to do that, we have to operate in what the now-moment demands.
The Holy Scriptures, in Hebrews 11:1, talk about something called “Now Faith.” Now faith is a substance; the substance of things hoped for. The thing about this word hope is that, in a lack of understanding of what is hope, people make it abstract, as though it is a feeling that lives in the same place as where knowing a thing comes from, and they try to call it hope or faith or even belief.
When I think about hope I think of something more tangible than non-tangible. Example: when I was a young girl I had a relative, who would call me up on Monday, after school and tell me I’m going to come pick you up on Friday, so we can spend some time together. From that moment, I would begin to ruminate and chew this scenario, swallow it, regurgitate it back up again, chew it, and repeat this process over and over again until I was walking out the door with my duffel bag in hand and on the way to the car. It was something that consumed me. I present to you, this is hope. It also became evidence because it caused me to pack my bag and be ready, so there was a corresponding action.
Now Faith is also the evidence of the things that we can’t see. Thus, the things of which I currently have no knowledge are not the things the moment demands, because, according to Hebrews 11:1, primordial substance of a thing is the fact that I conceive its possibility enough to bring it to fruition, and the fact that I do this thing is the evidence of its existence. Reiteration: if you can conceive the image of the thing in your mind to the point that you extrapolate how to bring it to fruition, it already has substance and evidence of existence. Why? Because there is no new thing under the Sun. (Ecclesiastes 1:9)
This helps me to understand in the moment demand is the thing that you already know how to do; the one that needs to be perfect in order to attract designers, attorneys, concept artists, etcetera, who are needed to supply the information which has currently not been revealed.
If you possessed the ability, peripheral vision and or capacity needed to supply everything required to bring your product to fruition, there would be no lack of knowledge or anything otherwise, and the need for these other disciplines would not exist. Thus; if you keep moving in what you know to do, the result is a continuous flow to fruition.
I have adjusted and will continue to adjust my perspectives of what it takes to arrive at the telos: the point aimed at, or the expected end. When I become overwhelmed I will quell it with research of other successful business models to see if they were affected by the same, and how did they respond to it.
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