Analysis Canvas
The Opportunity Analysis Canvas
• Goal of developing students’
– entrepreneurial mindset and
– opportunity analysis skill set to
– identify entrepreneurial opportunities
Where does the Opportunity Analysis Canvas fit within business models and plans?
1
Opportunity Analysis Canvas
2
3
Business Plan
TM
The Opportunity Analysis Canvas
2a. Macroeconomic
Change
Demographic
Psychographic
Technical
Societal
1b. Entrepreneurial
Motivation
Self‐efficacy
Political
Regulatory
Capital requirements
Cognitive motivation
1a. Entrepreneurial
Mindset
Reputation effects
3b. Opportunity
Identification
2b. Industry
Condition
Control
1c. Entrepreneurial
Behavior
Problem
Knowledge conditions
Individualism
Optimism
Complimentary assets
Tolerance for ambiguity Achievement
Focus
2d. Competition
Learning curve
Solution
Confidence
3a. Value
Curve
Eliminate
Risk
Reduce
Interpersonal relationship skills
Social capital
Advantage
Demand conditions
Raise
2c. Industry
Status
Industry life cycle
Industry structure
Create
Team
The Opportunity Analysis Canvas is segmented into three categories.
Thinking
Entrepreneurially
Seeing
Entrepreneurially
Acting
Entrepreneurially
Entrepreneurial Mindset
Macroeconomic Changes
Value Curve
Entrepreneurial Motivation
Industry Conditions
Opportunity Identification
Entrepreneurial Behaviors
Industry Status
Competition
TM
The Opportunity Analysis Canvas
2a. Macroeconomic
Change
Demographic
Psychographic
Technical
Societal
1b. Entrepreneurial
Motivation
Self‐efficacy
Political
Regulatory
Capital requirements
Cognitive motivation
1a. Entrepreneurial
Mindset
Reputation effects
3b. Opportunity
Identification
2b. Industry
Condition
Individualism
Knowledge conditions
Control
Optimism