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Building Profitable Digital Startup Businesses
Rating: 4.8 out of 5(3 ratings)
16 students

Building Profitable Digital Startup Businesses

Building Successful Digital Businesses with little to no capital: How to earn Sustainably on the Digital Economy
Last updated 12/2021
English

What you'll learn

  • How to build a profitable digital business from scratch.
  • Understand the different methods of incorporating businesses
  • Develop the ability to use a BMC
  • Gain an insight to the way great digital entrepreneurs develop their business ideas.

Course content

1 section15 lectures1h 0m total length
  • Welcome3:01
  • The Traditional Business versus Digital Business5:49
  • Structural Levels of the Digital Economy6:12
  • What is your Line of Business?5:41

    Identify your line of business by aligning your strengths with digital opportunities, assess core competencies, and build a competitive advantage through cost leadership, focus, or differentiation.

  • Activity 10:02
  • Stages of Functional Entry into the Digital Economy9:28

    Discover the five stages of digital technology use in business, from informational presence to fully online operations, with front end, back end, data entry, and e-commerce.

  • What are your Products?7:13
  • Activity 20:02
  • The Business Model Canvass4:05
  • Activity 3: Your Business Model Canvas0:03
  • Record Keeping: Raising Capital & the Directors' Loan Concept5:57
  • The Minimum Viable Product (MVP)5:34
  • Functionality, Bugs and Scalability of your MVP3:07

    Enhance your MVP by improving functionality, fixing bugs, and pursuing scalability to serve more users and increase revenue, through systematic testing and continuous product improvement.

  • Final Words...2:02
  • BONUS: Coding and Programming for Non-Tech Startup Founders2:05

    Bonus lecture on coding and programming for non-tech startup founders, as part of building profitable digital startup businesses.

Requirements

  • Just be prepared to take notes or conceptualize ideas in your mind.

Description

This course transposes elements of an traditional MBA course to digital businesses. It aims at helping people who desire to start digital businesses some day to gain an insight into key ideas and concepts that can help them to grow viable digital businesses. This course is adapted to today's digital environment and ideal for people who seek to build digital businesses with little capital. The course gives you information about what the best digital startups undertook before setting up their successful organizations. We live in a world where it is apparent that digital businesses are going to take over from traditional businesses. This requires each and every one of us to gain an understanding of how the digital business operations and how it differs from traditional businesses. Also, we need to study and appreciate the main elements that sets apart a successful and profitable digital business from one that is not making so much profits. This course is designed to provide you with vital instructions that will help you reduce the strain on you. It can also save you a lot of time in mistakes and errors that could prove to be highly costly, if you venture into the world of digital businesses.

Who this course is for:

  • Everyone interested in starting a digital business.