My idea was to develop an oven that would flip burgers for you and let you know when the burger or food is ready. so please build on that.

For this project, you will develop a venture idea and use the Business Model Canvas method to map the idea (there is a blank BMC in posted in this week's module). You should build on the problem/idea you started in Project #2 (Ideation). If you have determined that the original idea from Project #2 is not a good one to use, you are free to pivot to a new idea for this assignment. For this assignment, you need to develop a possible solution for your problem. That will be a key part of your value proposition in the BMC. Please fill out the BMC, to develop a business solution around the problem you are trying to solve.

For this project, I recommend spending a lot of time on considering a very specific customer segment and value proposition for that customer segment (for instance, "Adults 18-65" and "good quality" are not very good responses because they don't help you to think about how you move forward with your venture idea). For a higher grade, you will need to give plenty of detail (for instance, under Key Resources it would be better to see "$10,000 for marketing" that "startup capital"). I have provided an extra lecture by Dr. Ali about how to complete a useful BMC. You will find that most of the work is in thinking and researching - there is no need for your actual responses to exceed more than a few lines in each box (bullet points may be helpful).