What makes a good business idea great?
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What makes a good business idea great?

How do we turn good ideas into great ideas and build a business. These simple steps and tools will help you do just that
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.
53 students enrolled
Created by Bruce Wade
Last updated 10/2013
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • know how to brain storm new business ideas
  • understand what a great idea is composed of
  • understand how to use and apply the Opportunity Filter
  • Understand how to use and apply the Feasibility Assessment
View Curriculum
Requirements
  • basic business skills
  • Innovation
  • Entrepreneurship
Description

Discover ways to generate good ideas from observing people and communities. Then sift these ideas into good ideas and polish them into great ideas and potential businesses.

We will walk you through a number of steps and tools that will assist you in creating those essential business ideas for your future.

Who is the target audience?
  • entrepreneurs
  • business owners
  • students
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Curriculum For This Course
11 Lectures
01:12:00
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Introduction
1 Lecture 02:22

Welcome to What makes a good business idea great. I trust that this course will help you cement your ideas into some solid business plans for the future.

Preview 02:22
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Origin of Good Ideas
2 Lectures 13:43

Where do ideas come from?

How do you convert simple thoughts into solid ideas?

It all starts right here.

Preview 05:50

Turning every day thoughts and ideas into business ideas. What needs to be done in your life to get into the habit of creative thoughts?

Preview 07:53
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Idea Validation
3 Lectures 23:21

Any idea has to do the following: Solve a problem, add value, offer convenince and create some sort of experience.

Market Validation
09:27

The first rule of Entrepreneurship is: Niche thyself. This applies to your ideas as well. Look at the niche model and help format your idea into something sustainable.

Defining a Niche
08:06

Convergence is a short lived season when Opportunity, innovation, market readiness and skill intersect to create a product. Are you prepared for these seasons?

The Convergence Model
05:48
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Idea Assessment
4 Lectures 19:28

Scoring your idea using the opportunity filter is a simple way to gain the 'Plausible' box ticked for your idea. Discover here how it works.

The Opportunity Assessment Tool
09:17

Opportunity Tool
3 pages

The feasibility assessment gives you a simple yet profound tool to score your business idea against some of the issues you will be facing when developing a business. This tool gives you a snap shot assessment on how well prepared you are to go forward into business.

the Feasibility Assessment
10:11

Feasibility Assessment
9 pages
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Conclusion
1 Lecture 01:06

Congratulations on completing this course. Please feel free to give us some feedback and rate this experience.

We would love to hear back from you on how your ideas have grown using this course and tools.

Conclusion
01:06
About the Instructor
Bruce Wade
3.5 Average rating
41 Reviews
1,832 Students
13 Courses
Coach and Owner at the Entrepreneur Incubator

I am a well-balanced leader with good problem solving and management skills. I am passionate about human behaviour and development and love interacting with people at all levels of industry. My career has covered a huge range of job functions and experience that has developed both my character and expertise.

I currently own a business involved in coaching and mentoring small business owners and entrepreneurs. The Entrepreneur Incubator and Academy has been functioning since 2005 in various forms assisting both local and national clients