Money Talk
Lesson
Profit, revenue, income, assets, cash flow- all these words mean money, but they all have specific uses. In business, money is important and we want to describe it as accurately as possible. Watch this video to learn all about revenue streams.
Revenue Streams: Crash Course Entrepreneurship #13
https://youtu.be/Vhz9fGYkYLg?si=Ltnfrkq9xP8HSHgZ
Project Description
Revenue Stream Superhero Brainstorm. Watch this video to learn more about what it means to brainstorm using The Superhero Technique. Then proceed to the instructions to meet your new startup superheroes!
The Superheroes Technique – Creativity & Problem Solving
- Choose Revenue Stream Heroes: Select one of the revenue stream superheroes – “The Subscription Ninja,” “The Advertiser Extraordinaire,” or “The Sponsorship Master.”
- Brainstorm Hero Traits: For the chosen hero, brainstorm unique traits and abilities that could help them generate revenue for a startup. For example:
- “The Subscription Ninja” could have the ability to create irresistible subscription offers and retain customers.
- “The Advertiser Extraordinaire” could excel at creating targeted advertising campaigns that drive sales.
- “The Sponsorship Master” could be skilled at securing lucrative sponsorship deals and partnerships.
- Save the Startup: Imagine a scenario where the startup is struggling financially. How would your revenue stream superhero use their traits and abilities to save the startup? Write a short narrative or list of actions detailing how the hero saves the day.
- Reflect on Learnings: Reflect on the exercise and consider how the traits and abilities of each revenue stream hero relate to real-world revenue streams. Think about how creative thinking can help generate revenue and save a startup in challenging times.