{"id":3440,"date":"2023-02-22T21:28:46","date_gmt":"2023-02-22T21:28:46","guid":{"rendered":"https:\/\/course.oeru.org\/ient102\/?page_id=3440"},"modified":"2023-02-22T21:28:46","modified_gmt":"2023-02-22T21:28:46","slug":"the-role-of-prototyping","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/ient102\/learning-pathways\/business-planning\/the-role-of-prototyping\/","title":{"rendered":"The role of prototyping"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\">\n<div class=\"floatright\"><a href=\"https:\/\/wikieducator.org\/File:Lift_Fan_Technology_Demonstrator.png\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"Lift Fan Technology Demonstrator.png\" src=\"\/\/wikieducator.org\/images\/thumb\/5\/5f\/Lift_Fan_Technology_Demonstrator.png\/300px-Lift_Fan_Technology_Demonstrator.png\" width=\"300\" height=\"210\" class=\"img-responsive\"><\/a><\/div>\n<p>As part of the business planning process, you may decide to create a prototype of your proposed product. A prototype is &#8220;an early sample, model, or release of a product built to test a concept or process&#8221; <sup id=\"cite_ref-1\" class=\"reference\"><a href=\"#cite_note-1\">[1]<\/a><\/sup> Potential investors or business partners are often very interested in seeing any product prototypes.<\/p>\n<p>\n<br style=\"clear:both;\">\n<\/p>\n<div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"reading\" src=\"https:\/\/course.oeru.org\/ient102\/wp-content\/themes\/oeru_course\/idevices\/Icon_reading.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Reading: Prototyping for a new business startup<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<p>Read the articles:\n<\/p>\n<ul>\n<li><a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/www.thebalancesmb.com\/why-you-should-create-a-prototype-for-your-small-business-4173059\">The balance: Small business &#8211;  Why you should create a prototype for your small business<\/a>\n<\/li>\n<li><a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/www.forbes.com\/sites\/saraweinreb\/2017\/09\/29\/5-cheap-and-easy-ways-to-prototype-your-new-startup-idea\/#b2c320c4f0e3\">Forbes &#8211; 5 cheap and easy ways to prototype your new startup idea<\/a>\n<\/li>\n<\/ul>\n<p>\n<b>WEnote<\/b><br \/>\nWhat role does prototyping play when planning a business? These articles both focus on product prototyping, but how might you prototype a service? Share your thoughts with your fellow\/sister learners &#8211; for example:\n<\/p>\n<ul>\n<li> <i>Prototyping is important because &#8230;<\/i>\n<\/li>\n<li> <i>A service business could prototype by &#8230;<\/i>\n<\/li>\n<\/ul>\n<p>Post your comment(s) below and then look on the <a href=\"\/ient102\/interactions\/course-feed\" title=\"Introduction to entrepreneurship\/IENT102\/Feed\">course feed page<\/a> to see what others have posted.<\/p>\n<p><div><p>You must be logged in to post to WEnotes.<\/p><\/div><br \/>\nIf you prefer you can create a post on your learning journal blog. Be sure to label or tag your post IENT102.<br \/><i>Note: Your comment will be displayed in the <a href=\"\/ient102\/interactions\/course-feed\" title=\"Introduction to entrepreneurship\/IENT102\/Feed\">course feed<\/a>.<\/i><\/p>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<p>\n<\/p>\n<ol class=\"references\">\n<li id=\"cite_note-1\"><span class=\"mw-cite-backlink\"><a href=\"#cite_ref-1\">\u2191<\/a><\/span> <span class=\"reference-text\"><a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/en.wikipedia.org\/wiki\/Prototype\">Wikipedia: Prototype<\/a><\/span>\n<\/li>\n<\/ol>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.164 seconds\nReal time usage: 1.460 seconds\nPreprocessor visited node count: 139\/1000000\nPreprocessor generated node count: 920\/1000000\nPost\u2010expand include size: 4394\/2097152 bytes\nTemplate argument size: 2462\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:184686-0!*!0!*!*!2!* and timestamp 20230222212844 and revision id 1059873\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/ient102\/learning-pathways\/business-planning\/templates-and-examples\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/ient102\/learning-pathways\/business-planning\/start-business-planning-learning-challenge\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Introduction_to_entrepreneurship\/IENT102\/Planning\/Prototypes\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"7430b1eb668a76b4758f8e1b28f6e0f2\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Introduction_to_entrepreneurship\/IENT102\/Planning\/Prototypes\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"7430b1eb668a76b4758f8e1b28f6e0f2\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>As part of the business planning process, you may decide to create a prototype of your proposed product. A prototype is &#8220;an early sample, model, or release of a product built to test a concept or process&#8221; [1] Potential investors or business partners are often very interested in seeing any product prototypes. \u2191 Wikipedia: Prototype [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3428,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3440","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages\/3440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/comments?post=3440"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages\/3440\/revisions"}],"predecessor-version":[{"id":3441,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages\/3440\/revisions\/3441"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages\/3428"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/media?parent=3440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}