Designing a Killer Business Model for Entrepreneurs
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Designing a Killer Business Model for Entrepreneurs

How to start and run a new business with a successful business model
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
3 students enrolled
Last updated 3/2017
English
Current price: $10 Original price: $20 Discount: 50% off
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Includes:
  • 1.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand what are the new and old business models particularly for startups
  • Learn to avoid the costly mistakes made by others when designing a business model
  • Decide which business model is suitable for your business!
View Curriculum
Requirements
  • It is a beginner's course so it is sufficient if students are familiar a bit with concepts of strategy and entrepreneurship and strategic management. I will start the course with introducing what a business model is, so no worries if you do not exactly know the definition of a business model. At the end the course focuses on marketplace platform business model (examples: Airbnb, Uber, Reddit, Quora) and there is a "bonus lecture" on system thinking, a useful tool to analyze complex challenges.
  • If they are not familiar with some strategy and entrepreneurship concepts like business plan and value chain, it would be helpful to read a bit these in advance.
Description

This course provides an overview of what entrepreneurs need to know about business modelling. I first introduce the business model concept and its important elements. Then, I go on with the value chain analysis since it provides a lens to design and analyze a successful business model. I introduce new business models for startups and advantages of each with examples and I talk about business model innovation. 

A bonus lecture on system thinking is given to broaden your view on business dilemmas and how to tackle them. At the end, I talk about platform marketplaces and a number of important points to consider before launching your platform. 

Who is the target audience?
  • This course is suitable for people who are new to business modelling and want to know how to design a competitive business model
  • Although this is not a step-by-step course, you will learn the fundamentals and tools that you can use to start a business with a novel model to create and capture value.
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Curriculum For This Course
10 Lectures
01:35:36
+
Understanding the business model concept
3 Lectures 28:07

In this lecture, I provide an outline of the course and what students should expect from the course. It is important that students pay full attention to the content and what is being discussed.

Preview 04:00

In this lecture, I define the business model concept and bring two examples, GM and IBM discussing how they shifted their business models in recent years.

Preview 10:40

The most important elements of a business model that should be considered are discussed in this lecture. Students learn what options they have when they design several elements of a business model.

Business model analysis: Important elements
13:27
+
Business model design
3 Lectures 26:13

In this lecture, I explain various most-used types of business models with several startups that successfully implement them.

Most important types of business models for startups, Part I
09:52

This lectures explains briefly the value chain and the value system and how these tools help to discover new business models with examples such as the Virgin Group and Dell.

Business model and value chain analysis
07:01

In this interesting lecture, I talk about several most important types of business model innovation with successful examples like Gillette, Zara and P&G. This lecture provides you with a mental model on possible directions to go.

Business model innovation: An introduction
09:20
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Successful business models and implementation
4 Lectures 41:16

In this lecture, I continue talking about various types of business models existing in the world with a practical focus on startups.

Most important types of business models for startups, Part II
07:59

This bonus lecture is dedicated to developing a system perspective when you, as entrepreneurs and managers, face a business dilemma. It is very important to not only focus on predictable outcomes of our decisions but also to see unwanted consequences too.

Bonus lecture: System thinking
11:49

Marketplace platforms are the fastest growing business models among startups and entrepreneurs. Major examples are YouTube, Uber, Airbnb, Facebook but also newer mobile apps like Whale, Kickstarter and Gametime. So I decided to dedicate one full session to analyze the anatomy of platform marketplaces in the sharing economy with several examples and anecdotes. 

Platform business models
12:04

In this lecture, I summarize what you have learned about business modelling design and provide some tips on implementation of business models in a startup.

Wrap-up and concluding remarks
09:24

Based on what you learned in this course, you should be able to analyse a small young firm business model. You can choose a peer-to-peer platform to analyze but feel free to choose any other startup you like. 

In your short report (2000 words max excluding references) please address the following aspects:

- Business model elements of the business

- The value chain analysis

- The business strategy (if any)

- The products or service; innovation

- How do they create value for customers?

- How do they capture part of the value?

Send the report in 10 days after you finish the course to me and I give you a personal feedback on your analysis. 

Good luck!

Analyze a business model for startups
About the Instructor
Dr. Pourya Darnihamedani
0.0 Average rating
0 Reviews
3 Students
1 Course
Professor of entrepreneurship

I am an entrepreneurship researcher and professor in France (NEOMA Business School) and the Netherlands (Tilburg University). I have more than five years of teaching experience in strategic management, managing fast growing companies and launching an innovative venture. 

I know what the audience values most because I put myself in their shoes. I worked for a consulting company for more than three years and follow startup articles/news on Forbes, TechCrunch, Entrepreneur Mag. 

My teaching method is a combination of core lessons (providing the concepts and frameworks) and insightful business cases. I believe this way can help my students to develop analytical skills as well as to learn about main course concepts.