Udemy
    •  
    •  
    •  
    •  
    •  
    •  
    •  
    •  
Turn what you know into an opportunity and reach millions around the world.
Learn More
Your cart is empty.
Keep shopping
7 steps - How you can convert your idea into a real business
Rating: 4.2 out of 5(49 ratings)
3,548 students

7 steps - How you can convert your idea into a real business

Idea Generation, Product Market Fit, Market Research, Steps in Creating and developing business, Entrepreneurship Skills
Last updated 7/2020
English
English [Auto],

What you'll learn

  • How do we convert a idea into business
  • importance of market validation and steps
  • steps to start a business

Course content

1 section9 lectures35m total length
  • Introduction- what steps we will cover1:48

    Identify and ideate, validate market demand, and define your value proposition, target audience, business and financial models, and how to attract investors while addressing limits, fears, and needed resources.

  • Step 1 - Ideation5:26

    Brainstorm ideas inspired by experiences, passions, and startups; create mind maps to evaluate value propositions, customers, and revenue models, then focus on the most detailed idea after market exploration.

  • Step 2 Understand your Limits2:14

    Identify your limitations and use a mind map to remove them, then tackle time, money, skills, and fear barriers to turn your idea into a real business.

  • Step 3 - overcome your limitations7:09

    Motivate yourself by setting a mission and vision for your startup, build a support network of like-minded peers, learn essential skills, and find a mentor to push you beyond limits.

  • Step 4 - Product Market Fit4:49

    Discover how to achieve product-market fit by identifying a niche market, understanding pain points, using storytelling, choosing a distribution strategy, and iterating with customer feedback.

  • Step 5 - Market Validation and Research4:13

    Identify and validate market needs by interviewing potential customers to uncover pain points, gather feedback, validate demand, and refine your product, value proposition, and go-to-market plan.

  • Step 6 - Understanding customer pain points aspects4:36

    Identify and prioritize customer segments by analyzing negative pain points and nice-to-have needs, distinguishing costs, ease of use, and missing features to reveal the biggest benefits and guide solution design.

  • Step 7 - Customer Journey, Business Model and Financial Plan3:30

    Map the customer journey with touchpoints, craft a one-page business model around the problem, solution, value proposition and distribution, and build a multi-year financial plan to guide startup decisions.

  • Bootcamp and Mentorship2:06

    Join a four-month bootcamp and mentorship starting in August and running through November, featuring interviews, regular tutorials, and assignments to help you ideate, validate, prototype, and scale your business.

Requirements

  • passion

Description

Everyone has an idea, however, most of us either don't start the business or fails to grow business due to various reasons. Most of the wantrepreneurs don't know how to start the business and various steps involved in creating a business.  In this short course, we are discussing 7 steps in developing business which are,

  1. Ideation

  2. Understanding your limits and remove them

  3. Market Validation of idea

  4. Product development and value proposition.

  5. Customer Journey Map.

  6. Business Model development

  7. Financial Model Development.

Take this course to get inspiration and understanding & framework to develop your business.

Who this course is for:

  • wanna be entrepreneurs
  • peoples who have idea and want to create a business
  • new in business and wanting to understand how to start