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Building a Business Model - The Entrepreneurial Mind
317 students
Building a Business Model - The Entrepreneurial Mind
Take this Entrepreneurship Course on Business Modeling now and learn how to become more successful in your entrepreneur.
Created byJeff Cornwall
Last updated 10/2014
English
What you'll learn
- Understand why business modeling is the proper starting point for a new business rather than starting by writing a business plan.
- Learn the basic components of a complete business model and how they work together to ensure a successful business.
- Learn how to evaluate an idea and prepare it for a business model.
- Understand the importance of identifying a target market that that has a “pain” or unmet need that can be exploited through your new business.
- Learn how to develop a sound value proposition to address the market’s need.
- Understand the importance of pivoting a business model based on information you gather from your target market.
- Understand the importance of customer discovery and validation and why it must precede efforts to scale and build your business.
- Learn how the operational side of a business model must support the market side.
- Learn the importance of building a foundation for a sound financial model that is part of the overall business model.
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Course content
6 sections • 26 lectures • 2h 39m total length
Requirements
- A desire to become a more disciplined entrepreneur who has a higher chance for success with each new business launch.
Description
One of the biggest myths about starting a new business is that it all begins with a business plan. This is not true. Developing a strong Business Model is the starting point for ensuring a new business has the highest chance of success. This Entrepreneurship course provides step-by-step instruction that leads entrepreneurs through the process of evaluating an idea for a new business and then developing a strong Business Model. This course is designed to help both experienced and first time entrepreneurs. Experienced entrepreneurs will find the process taught in this class to be a better path to success. The instructor has taught entrepreneurship on and off for thirty years and has started more than a dozen businesses. The material in this course completely changed how he teaches entrepreneurs and how he has approached his most recent startups. First time entrepreneurs will learn a process for developing an idea and building a business model that will serve them throughout their entrepreneurial careers, no matter how many businesses they eventually launch. If a business plan is required for financing the business, the entrepreneur will have a solid business model that will serve as a strong foundation to build a credible and believable business plan.
Take this Entrepreneurship Course on Business Modeling now and learn how to become more successful in your entrepreneurial career.
Who this course is for:
- Everyone interested in becoming a more successful at starting new businesses ranging from the first time entrepreneur to the experienced entrepreneur.