Starting a business can be an exciting, soul-fulfilling endeavor providing entrepreneurs the means to center their lives around their dreams, talents and passions. But quitting a steady job to pursue a risky venture can be daunting. This course will chart a map for aspiring entrepreneurs on how to begin their journey.
Take The Leap from Employment to Entrepreneurship
Launch Your Business On the Right Foot: Be Prepared For the Journey Ahead
This course is designed specifically for aspiring entrepreneurs who have an idea for starting a business but don’t know what to do next or how to start. It charts a course for beginning your entrepreneurial journey: how to begin, what to expect, how to prepare, and connects you to resources (many free!) that can help you along the way. It also covers some topics that many other “how to start a business” courses don’t touch upon: the personal considerations of starting a business.
Developed by Robin Wang, a 20+ year business owner and veteran of several new ventures, this course incorporates many of the lessons learned (from both his successes and failures) so that you can make that leap to entrepreneurship with greater confidence, less risk, and improved odds. This does NOT cover the nuts and bolts of starting a business like preparing financial forecasts, developing a launch strategy, or writing a business plan. Rather it lays a solid foundation so that you are much better prepared should you one day take a start-up business course.
Course Content and Overview
This course contains 20+ lectures on a wide variety of related topics centered on transforming your idea into a real, tangible business. It is designed for individuals who have no experience with business (let alone starting one) and is industry agnostic. In other words, it doesn’t matter if you want to open up a bakery, become a freelancer, or launch the next Facebook, Apple or Tesla.
It is designed with a very pragmatic and action oriented approach as there is not much in the form of academic theory or principles. Rather, most of the content comes from lessons learned and experiences garnered on “street of life.”
By the end of this course you’ll have much more clarity around your business idea, increased confidence in talking to others about your new venture desires, and have a solid plan for moving forward.
Testimonials From the In-Person Course:
"Robin gave us great information and a lot of resources to go to for more info. He really spells out what it will be like to be an entrepreneur, so we can decide for ourselves whether it is right for us."
"Great opportunity to explore whether you have what it takes and gives an introduction to what to expect. Then pushes you to the next steps of making your dreams a reality and provides the necessary tools. Highly recommended!"
Overview and key objectives of this course. Discover the outcomes of this course.
Get to know a little bit about me, my entrepreneurial journeys and some key lessons that I learned from my successes and failures.
Not all new businesses are created equal. That doesn't mean that there is a right or wrong, but rather the type of start-up that you pursue will largely influence your journey, how you get funding, growth strategies and more. In this lecture you will learn about the different types of new ventures so that you can decide what's right for you.
Prepare for your entrepreneurial journey and increase your odds of success by learning 5 common traits of successful entrepreneurs.
Life as an employee isn't always rosy. The same holds true for being an entrepreneur. We'll contrast the two so you can get a better sense of the entrepreneurial lifestyle.
Before jumping in and risking everything, learn some strategies for dipping your toes into entrepreneurial waters so that you can determine if starting a business is right for you and to prepare for your own journey.
Learn about the pros and cons of starting a business by yourself or with a partner. Should you start a business with a partner, discover strategies for selecting the right partner and creating and managing a partnership including those involving friends and spouses.
You're considering taking a leap of faith across a chasm akin to the Grand Canyon. That's scary. In this lecture, you'll learn how to develop a risk plan that assesses the risk involved with starting a business and a plan for mitigating it so that the leap is more akin to jumping over a puddle of water.
Money can be complicated. To make matters more confusing, the lines between personal and business finances for an entrepreneur is often very blurred. In this lecture, you'll learn the fundamentals of capital (need, types, and sources), the relationship between personal and business finances, the role it has in who controls your business, and why cash is so very very important to entrepreneurs.
There are many ways to initially fund your business. You'll learn about the various options, their ramifications, and how to get additional funding should your business need more capital.
You're starting a business in part to make money. There's no shame to that. While writing a check might be simple, how you allocate and designate those funds can have huge ramifications. In this lecture, you'll learn about the different options for taking money out, their ramifications and when to seek the guidance of experts.
Discover common reasons why new or young businesses fail and strategies for avoiding those outcomes.
Believe or not, but there's a relatively standard process for starting up any business. In this lecture, you'll learn what you need to do in each of the 4 stages of every new venture: idea, preparation, pre-launch, and lauch. This will set the stage for preparing your 10 Step Action Plan.
Having a business idea is very different from having a viable business model. In this lecture, you'll learn how to differentiate the two and provide you the framework for transforming that idea into a model.
Learn strategies for validating and fine-tuning your idea so that you can increase the your odds of success by refining your idea BEFORE you launch.
With a few exceptions, writing a business plan is a complete waste of time yet going through the process of writing one can significantly increase the odds of success. Confused? Discover the value that writing a business plan provides and learn an alternative approach that allows you to focus your precious time and energy on your business.
Unless you started or owned a business before, there are probably a ton of things that you'll need to learn about running a business - especially things that you don't know even know about. After this lecture, you will become familiar with various options (some free!) to polish your skills.
Unlike a job, starting a business will have huge implications on your personal life. Learn what those implications are and understand how to prepare your affairs to help keep your personal life sane.
This is can be the most gut wrenching decision facing most entrepreneurs: When and how to cut the cord with your current employer? While every situation and relationship is unique, you'll learn the key factors that will help you determine your strategy and approach for answering this question.
There are actually a ton of options available for funding your business. Unfortunately, many of them probably don't apply to your business. In this lecture you'll learn how to determine how much capital you need, the various forms of funding, how to narrow down the viable options, and find potential funders.
Having a network of advisors, mentors, and peers to support you is crucial to every entrepreneur's success. In this lecture, you'll learn who needs to be on your core team and how to start recruiting them.
There are a ton of things on your plate in order to start a new venture. In this lecture, you'll learn the 3 key things that you must do, to make your business "official" and "legit".
You've reached the final step, hooray! You're probably feeling ready for the big leagues and open your business tomorrow, right? Well, before you do, consider honing your business by learning why you might want to consider playing some minor league games and strategies for doing so.
Robin Wang has been involved with early stage businesses and a business owner for over 20 years. In that time, he has experienced many of the highs and the lows that entrepreneurship has to offer. Earlier in his career, he left a promising career at a Fortune 50 company to join a new venture only to close up shop 9 months later. Later, he joined another start-up where he contributed to the prospectus for a successful IPO on the Paris Stock Exchange. More recently, he sold his media business promoting sustainable lifestyles after owning it for 10 years. Today, Robin teaches at several early and mid-stage business accelerators and has been an active advisor to many new businesses and entrepreneurs across many different industries.