Unleashing Potential: Reflections on Our 16-Week Journey in Startup Venture Creation @ NTHU IBBA Program

Diving into new perspectives made all of us uncomfortable and it was obvious that we had different levels of commitment because of it. Having a difficult, honest, yet necessary confessional talk with each other allowed us to realign our perspectives and have a brand new starting point where we can all be uncomfortable yet be on the same page to start growing together. This moment was critical in jumpstarting our momentum and opened a lot more doors than we initially thought was possible.

“What you have is in the comfort zone but what you want is outside of it.”

In Module 2, Professor David emphasized the importance of building a strong foundation for a startup, highlighting the key characteristics of a good founding team: resilience, resourcefulness, and kindness towards teammates. These traits have been invaluable as we develop our startup project. As we progressed through Module 2/B, we saw the principles from Module 1/A come to life, confronting outdated, traditional beliefs and facing numerous business and relationship challenges that required us to adapt our thinking to "survive" and achieve our goals. Working in a multinational group pushed us out of our comfort zones, allowing us to hear diverse perspectives and gain insights into addressing neglected pain points in other regions. Embracing diversity, validation, and respectful communication has been crucial in overcoming misunderstandings among team members. Additionally, we learned the components of building an A+ team, discovering the importance of being open-minded, reliable, and communicative to achieve our collective goals

In module 2, professor David shared about what makes a strong foundation of a startup, and one of the components is characteristics of a good founding team. We’ve learned to become resilient, resourceful, and kind to our teammates, which helped us a lot in building our startup project. - Jaroenrat

On Module 2/B, I start to see how the teachings from Module 1/A comes alive. It got harder because now we have to do it and confront our outdated, traditional beliefs. In our group, we encounter many challenges business and relationship-wise. Despite all this, we must change how we think to "survive" and earn 100% - Angel

Being in the multinational group really helps us to step out of the comfort zone. We have the chance to listen to different perspectives and interesting insights which somehow gave us the answers for the pain points have not been treated well in other regions. Diversity validation and communication with respect is the key to overcome misunderstandings between team members. - Arina

In the 2nd module, we have learned how to have an A+ team and important components for that. Members’ characteristics are one of those important components. We’ve learned that we need to be open-minded, reliable, and communicative to achieve the goal together. - Phanchita

As a group, we have made significant strides in just four weeks, thanks to Professor David's guidance. Under his teaching, we accelerated our ability. We delivered offers, created landing pages, validated concepts, and presented a final two-minute pitch. These achievements reflect our collective dedication and resilience. We now possess the skills and confidence needed to launch a startup, whether in Taiwan or our home countries. This experience has not only enhanced our entrepreneurial capabilities but also strengthened our belief in our potential to succeed.

Nychaa: I am amazed by the rapid progress made in just four weeks, from delivering offers and creating landing pages to validating concepts and presenting a final pitch. The whole process was both challenging and rewarding, however, each challenge encountered was an opportunity to learn and improve, and each success built momentum for the next.

Cleo: In just four weeks, I’m super happy with my ability to turn ideas into reality, delivering offers, creating landing pages, validating concepts, and presenting a final two-minute pitch. This process was so hard and challenging, but at the end of the semester, I feel like this is an amazing opportunity to learn new things.

Perry: Attending Professor David's Introduction to New Venture class has been a transformative experience for me. It's fascinating to see how theories and models can be applied to real-world entrepreneurial challenges. The class discussions and case studies not only broaden my understanding of startup dynamics but also highlight the importance of resilience and innovation in entrepreneurship. Professor David's emphasis on practical insights, like the significance of customer discovery and the pitfalls of scaling too quickly, has equipped me with valuable tools that I feel confident applying in my future ventures.

Sho: Professor David’s class was a very enlightening experience for me. It definitely was not an easy journey, but I learned something every week that I will take with me for the rest of my life. I am grateful for the lessons and the practical experiences that the class has afforded us, from learning to pitch and plan out a whole new business venture from scratch, and even gaining valuable criticisms.