How to Build 2-Sided E-commerce Marketplaces | Sramana Mitra
What you'll learn
- How to identify opportunities for two-sided marketplaces through over a dozen interviews with successful entrepreneurs who have built multi-million dollar start
- What the new innovations and business models are in two-sided marketplaces.
- When to bring on a team while building a two-sided marketplace.
- When to start raising funds for your startup when building a two-sided marketplace.
- How to scale your startup when building a two-sided marketplace.
- What are exit options when building a two-sided marketplace.
Requirements
- The only requirement for this course is an open mind and a willingness to learn.
Description
The 1Mby1M Methodology is based on case studies. In this course, Sramana Mitra shares the tribal knowledge of tech entrepreneurs by giving students the rare seat at the table with the entrepreneurs, investors and thought leaders who provide the most instructive perspectives on how to build a thriving business. Through these conversations, students gain access to case studies exploring the alleys of entrepreneurship. Sramana’s synthesis of key learnings and incisive analysis add great depth to each discussion.
Two-sided marketplaces in all kinds of verticals and niche markets have become a key trend in the e-commerce startup space. In this course, 1Mby1M Founder and CEO Sramana Mitra explores the various nuances and case studies of how entrepreneurs are building two-sided marketplaces. The goal is to learn from people who have done it before. Lessons from the trenches abound in the interviews showcased. Insights, including esoteric ones, offer invaluable guidance for new entrepreneurs building businesses in this category.
All the methodology building blocks you have been learning through Sramana’s entrepreneurship fundamentals courses apply. You can, for instance, bootstrap a two-sided marketplace as a solo entrepreneur, with a paycheck, then raise money (or not). You can build the venture as a virtual company. You can build a Unicorn (or not). You can build a capital-efficient business.
In addition, you will learn domain specific lessons from entrepreneur case studies and thought leader interviews. You will also listen to investor perspectives on marketplace ventures and new trends they (and Sramana) have identified.
Two-sided marketplaces still have a lot of white space. Therefore, entrepreneurs looking for ideas to develop as new startups would do well to study the trend and the opportunities thereof.
The 1Mby1M courses are all heavily based on interview-based case studies on Innovation, Business Models, Go To Market Strategies, Validation Principles, and various other nuances of an entrepreneur's journey. We offer extensive opportunities for entrepreneurs to learn the lessons from the trenches from successful entrepreneurs who have done it before and Investors who support their ambition.
Who this course is for:
- Ambitious entrepreneurs with limited resources who want to build a two-sided marketplace in the area of their passion and expertise.
- Engineers who want to turn their tech knowledge into a multi-million dollar revenue businesses by becoming startup founders rather than remain employees.
- Domain experts who have important insights to help build interesting marketplace businesses.
- Aspiring founders who want to increase their chances of getting accepted into a top startup accelerator such as Y Combinator, Techstars, and 500 Startups.
- Any entrepreneur who wants to learn from successful entrepreneurs who have done it before and from investors who have supported them
- Professors teaching technology entrepreneurship courses anywhere in the world.
Instructor
- 4.7 Instructor Rating
- 2,621 Reviews
- 21,062 Students
- 86 Courses
Sramana Mitra is Founder and CEO of One Million by One Million (1Mby1M), a global virtual accelerator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of the Entrepreneur Journeys book series and Vision India 2020. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology. In 2015, Sramana was named one of LinkedIn’s Top 10 Influencers, alongside Bill Gates and Richard Branson.