NKUHT · International Tourism Management (ITM)

Entrepreneurship

An 18-Week Studio Course

A fully English-taught, hands-on studio course in NKUHT's International Tourism Management program. 18 weeks, 3 credits: students start from campus life and the hospitality/tourism industry, use Design Thinking to uncover real pain points, build out a Business Model Canvas, and finish with a pitch-ready Business Plan defended in front of judges at Demo Day.

18 WEEKS 3 CREDITS ENGLISH-TAUGHT
DESIGN THINKING → BMC → BP → PITCH INSTRUCTOR: HSIEH, CHAO-CHEN OTHER COURSES
Course Objectives

Course Learning Objectives

3 in-class hours per week, plus a recommended 6 hours of pre/post-class work (customer interviews, survey design and execution, BMC/BP development, pitch rehearsal) to achieve the four objectives below.

CLO 1

Accurately identify and define real customer pain points in a campus or hospitality/tourism context using Design Thinking methods.

CLO 2

Independently design and validate a complete Business Model Canvas covering customer, channel, cost, and revenue structures.

CLO 3

Effectively conduct primary market research, collecting and analyzing at least 30 data points to validate business assumptions.

CLO 4

Clearly present and defend a financially viable business plan to a panel, responding to questions under pressure.

Course Journey

Four Phases: From "Pain Point" to Demo Day

The course runs in four connected phases: first building an entrepreneurial mindset and empathy, then converging on a business model, then prototyping and running the numbers, and finally pulling it all together into a business plan and a live pitch.

01

Mindset & Ideation

Week 1–5 · Build an entrepreneurial mindset and use Design Thinking to uncover real pain points on campus and in the hospitality/tourism market.

02

Business Models & Validation

Week 6–9 · Turn the idea into a business model with the Business Model Canvas, and validate demand through market research.

03

Prototyping & Finance

Week 10–13 · Build a prototype, plan a marketing channel, and estimate costs, revenue, and the break-even point.

04

Business Plan & Pitching

Week 14–18 · Write a formal business plan, polish the pitch, and take on the Final Demo Day.

Syllabus

Full 18-Week Syllabus

3 hours per week, pairing theory with hands-on activities. Week 9 is the midterm milestone; Weeks 17–18 are the final assessment.

Phase 1

Mindset & Ideation

Week 1–5

Focus: building an entrepreneurial mindset, learning Design Thinking methods, and finding real pain points on campus and in the hospitality/tourism market.

Course Introduction & The Entrepreneurial Mindset

Course roadmap and grading, defining entrepreneurship in the hospitality/tourism industry.

Activity — The Paperclip Challenge: teams trade a paperclip for something more valuable on campus to experience "value creation."

WEEK 2CLO 1

Design Thinking I: Empathize & Define

Finding pain points in campus activities or local tourism.

Activity — Campus Observation Safari: interview classmates to find inefficiencies in campus activities and processes.

WEEK 3CLO 1

Design Thinking II: Ideation & Brainstorming

Divergent vs. convergent thinking; turning complaints into business opportunities.

Activity — Crazy Eights: sketch 8 distinct product/service ideas in 8 minutes.

WEEK 4CLO 1

Value Proposition & Customer Segments

Who is your customer? Filling out the Value Proposition Canvas.

Activity — Draft 2 contrasting customer personas (e.g., an exchange student vs. a commuter student).

WEEK 5CLO 1

Team Formation & Core Idea Selection

Team dynamics, roles (CEO/CFO/CMO/CTO), finalizing the project direction.

Activity — Idea Marketplace: students pitch their ideas to recruit teammates and sign a Co-founder Agreement.

Phase 2

Business Models & Market Validation

Week 6–9

Focus: turning the idea into a business model and validating it in the market with real data.

WEEK 6CLO 2

Business Model Canvas (BMC) Part 1

Infrastructure & offering: Key Partners, Key Activities, Key Resources, Value Propositions.

Activity — Case study of a well-known tourism startup's early business model (e.g., KKday/Klook).

WEEK 7CLO 2

Business Model Canvas (BMC) Part 2

Customers & finances: Customer Relationships, Channels, Cost Structure, Revenue Streams.

Activity — Complete the team's first full one-page BMC.

WEEK 8CLO 3

Market Research & Competitor Analysis

Primary vs. secondary research; designing a Google Form survey and analyzing local competitors.

Activity — Teams design an online survey to validate demand for their product on campus (target: at least 30 responses).

WEEK 9CLO 1–3Milestone

Midterm Progress Report (Milestone 1)

Presenting a validated problem, a validated solution, and a draft BMC.

Activity — Peer-Review Panel: 5-minute team presentations with feedback from both instructor and classmates.

Phase 3

Prototyping & Financial Fundamentals

Week 10–13

Focus: building a prototype and estimating startup costs and revenue to assess financial feasibility.

Minimum Viable Product (MVP) & Prototyping

Building to learn; low-fidelity vs. high-fidelity prototypes.

Activity — UI/UX or physical mockup studio: build a landing page, a digital wireframe (Figma/Canva), or a physical prototype mockup.

Marketing Strategy & Go-To-Market (GTM) Plan

Applying the marketing 4Ps to a startup launch; digital marketing basics.

Activity — Outline a 4-week launch campaign using Instagram/LINE marketing strategies.

Startup Finance I: Cost Structure & Pricing

Fixed vs. variable costs; cost-plus pricing vs. value-based pricing.

Activity — Calculate the Cost of Goods Sold (COGS) and set a unit price.

Startup Finance II: Revenue Projections & Break-Even Analysis

Sales forecasting and calculating the Break-Even Point (BEP).

Activity — Fill out a simplified spreadsheet to calculate monthly burn rate and runway.

Phase 4

Crafting the Business Plan & Pitching

Week 14–18

Focus: pulling everything together into a business plan, sharpening pitch skills, and taking on Demo Day.

Writing the Professional Business Plan (BP)

Structuring the written report: executive summary, operational plan, risk management.

Activity — Document workshop: teams draft and format each section of the BP.

The Art of the Pitch: Structure & Storytelling

The 10-slide pitch structure: Hook, Problem, Solution, Market, Product, Business Model, Competition, Marketing, Financials, Team.

Activity — Analyze successful pitch videos from Techstars/Y Combinator.

Slide Design & Q&A Defense Strategy

Visual presentation principles (less text, more data graphics); anticipating tough investor questions.

Activity — Pitch Speed Dating: 3-minute practice pitch to another team, followed by 2 minutes of feedback.

WEEK 17CLO 4Milestone

Grand Finale: Final Demo Day / Pitch Competition (Milestone 2)

Showcasing the final product, business model, and financial projections.

Activity — NKUHT ITM Shark Tank: 5-minute presentation + 4-minute Q&A per team (industry/incubator judges optional).

WEEK 18CLO 1–4

Course Wrap-Up & Post-Mortem Reflection

Individual self-assessment and peer evaluation, and reflecting on takeaways for future career applications.

Activity — Teams submit a final revised Business Plan PDF and complete a 360-degree peer evaluation.

Assessment

Grading

Assessment runs across the whole semester, weighting both the process and the final deliverables.

30%

Final Demo Day Pitch (Week 17 presentation)

20%

Midterm Progress Report (Week 9 presentation)

20%

Written Business Plan (Week 18 PDF submission)

20%

Weekly workshop deliverables & worksheets (individual/group)

10%

Attendance & peer evaluation (360-degree feedback)