Workshop 3: Developing Business Models

On Monday, February 25th, we held the third part of our Workshop Series, Developing Business Models. As over 45 students arrived, they made their way over to the baked potato bar to serve themselves some delicious baked potatoes with a variety of different toppings.

Innovation Initiatives Senior Director, Tom O’Donnell, and Professor Hunter Mack the DifferenceMaker® Faculty Fellow from the Francis College of Engineering, led this workshop. As they helped guide student teams through developing their business models, they often gave examples of companies whose business models failed due to their lack of research in a certain area.

To end the night, student teams worked together to develop their own business model by first determining many of the key factors that must be considered before finalizing any business model.

Thank you to everyone who joined us and made Workshop 3 our best turnout yet! We hope to see everyone at the final part of our Workshop Series, Delivering Your Rocket Pitch, which will be held Wednesday, February 27th, at 5:30 in Lydon Library room 110! Come hungry – dinner will be served!

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