## Summary Why EITT? The 4 most important tools: Difference between a business idea and a business model Large companies versus startups Business plan versus business model Waterfall versus agile development Product development versus customer development Team organization Learn to search Traditional versus social entrepreneurship ## Topics - [[Key Concepts on EITT]] ## Work for Next IClass - Watch Lesson 4 ([Business Models and Customer Development, Part 1](https://learn.udacity.com/ep245?version=1.0.3&lessonKey=dcec0213-1521-4339-b3bd-95118a665cfa&conceptKey=1ee68f39-c024-4c0c-b090-11a4aefc5f57)) of Udacity’s course on How to Build a Startup - Interview experts on your technology or technologies - Find valuable applications for the technologies - Identify the resources you already have for these applications Next: [[IClass04 - Developing an Innovation Mindset and An Introduction to the Business Model Canvas]] Back to [[Entrepreneurship, Innovation and Technology Transfer (EITT)|EITT Home]]