Entrepreneurship: Do You Have a True Business Opportunity?
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Entrepreneurship: Do You Have a True Business Opportunity?

Business Ideas are a dime a dozen. Learn the difference between a great idea and a true business opportunity.
5.0 (1 rating)
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.
17 students enrolled
Last updated 7/2015
English
Current price: $10 Original price: $50 Discount: 80% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 32 mins on-demand video
  • 11 Articles
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Identify and understand the difference between a good idea and a true business opportunity.
  • Understand pain points in the market
  • Know how to meet a need
  • Determine credible experience
  • Evaluate your access to resources
  • Locate customers who are ready to buy
  • Value a sound business model
  • Dozens of succesful entrepreneurs giving you advice.
  • Video profiles of successful entrepreneurs
  • Business tips
View Curriculum
Requirements
  • Download the workbook file to fill in your quiz answers.
Description

Having an idea for a product is not enough to be successful in our fast-paced global market. Understanding who your customers are, what the market demands, how your industry works, and where to find resources are critical skills in order to turn an idea into reality. In this course you will discover the secret to turning a business idea into a viable and sustaining product by developing a sound business idea to attract potential investors and clients.

Who is the target audience?
  • Anyone exploring a business idea
  • First-time entrepreneurs
  • Established entrepreneurs looking to refresh their skills
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Curriculum For This Course
Expand All 20 Lectures Collapse All 20 Lectures 41:35
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Introduction
3 Lectures 05:31
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Meeting a Need
4 Lectures 09:02

What is a "pain point?"
00:49


Exercise: Meeting a Need
00:17

The following questions ask about meeting a need. If you can answer "true" to these questions, you may have an opportunity worth pursuing. If not, don't lose hope. You just have some work to do.

Meeting a Need questions for thought
3 questions
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Credible Experience
3 Lectures 05:52
Entrepreneurs discuss having Credible Experience
05:06

What is credible experience?
00:31

Exercise: Credible Experience
00:14

The following questions are about credible experience in the industry. If you can answer "true" to these questions you may have an opportunity worth pursuing. If not, don't lose hope. You just have some work to do.

Credible Experience Quiz
3 questions
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Access to Resources
3 Lectures 04:49
Entrepreneurs discuss access to resources
02:20

Your ability to find advisors, partners, materials and finances.

What resources do you need?
02:13

Exercise: Access to Resources
00:15

The following questions are about access to resources. If you can answer "true" to these questions, you may have an opportunity worth pursuing. If not, don't lose hope. You just have some work to do.

Access to Resources Quiz
4 questions
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Have Buying Customers
4 Lectures 09:05
Entrepreneurs discuss having buying customers
04:42

Do you have customers at the ready?
00:48

Exercise: Buying Customers
00:21

Todd describes SiverFire Stoves products and target markets.

Todd Albi - SiverFire Stoves (Target Markets)
03:14

The following questions are about whether or not you have buying customers ready to go. If you can answer "true" to these questions you may have an opportunity worth pursuing. If not, don't lose hope. You just have some work to do.

Have Buying Customers Quiz
3 questions
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Sound Business Model
3 Lectures 06:42
Entrepreneurs discuss a sound business model
04:52

What is your business model?
01:29

Exercise: Sound Business Model
00:21

The following questions are designed to see if you have a sound business model. If you can answer "true" to these questions you may have an opportunity worth pursuing. If not, don't lose hope. You just have some work to do.

Sound Business Model Quiz
3 questions
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Final Opportunity Evaluation
0 Lectures 00:00

If you can answer "true" to most of these questions, your business idea just might be a great business opportunity!

True Business Opportunity Evaluation
27 questions
About the Instructor
The Main Street Entrepreneur
3.7 Average rating
156 Reviews
2,040 Students
8 Courses
Build your dream company doing what you love.

Since 1994, we have been meeting with and interviewing successful business builders. We have toured their facilities, met with their employees, observed their behavior, and recorded their stories. Our fieldwork has uncovered the critical practices successful entrepreneurs use to start and build thriving companies. When these practices are used in a new and growing venture, the probability of success goes up dramatically; when these practices are absent, the probability of failure is high. Our entrepreneurial training programs will teach you how to implement these critical practices in your own business. By mastering these concepts, you will greatly improve your odds for success.

Our team is comprised of individuals with extensive experience as entrepreneurs, business consultants and university professors. We also have an in-house film department that has interviewed and filmed hundreds of entrepreneurs around the world.

At The Main Street Entrepreneur, our mission is to provide the most innovative and engaging resources available to help aspiring entrepreneurs and business builders create successful ventures. We help turn ideas into opportunities, opportunities into business models, and business models into thriving organizations. While doing so we pledge to maintain values of exemplary leadership, continuous improvement, distinguishing service, excellent efficiency, total integrity, and a broader contribution.