This is a comprehensive course that will be exploring the early stages of a start-up. The course will emphasize on concept development, validation and various key components that can give a first time entrepreneur a better understanding of requirements and commitments of a start-up before diving into the start-up life ultimately saving a lot time, money and headaches.
What is a Start-up? Is it a good idea? How do you know if the idea is market feasible? So you have an idea now what? Who is the first investor of the idea? There are hundreds of questions like these that are missed or not asked by first time entrepreneurs at the early stages of a start-up. Asking these questions, understanding the answers and learning about other key components of a start-up can mitigate various risks and chances of failure at the early stage.
A start up can have various definition based on the industry or person. In general terms a start-up is a business that is in the first stage of its operations. Start-up are like anything else “practice makes perfect” and this is the reason why most seasoned entrepreneurs have done several start-ups and failed before achieving success.
This course is not about the definition of start-up rather a systematic way to understand the first stages of a concept before it becomes a start-up.
The following areas will be covered in depth to answer various question and topics:
Concept ideation | Non-disclosure | Research component | Self-assessment | Commitment assessment | Go to market Strategy | Business model | Market analysis | Cost Analysis | Resource assessment | Feasibility analysis | Company structure & setup | Team | Funding assessment
During the course there will be entrepreneur guest speakers who are currently involved in start-ups sharing their stories and experiences.
After successful completion of this course you will be able to systematically conduct various assessments revolving the start-up concept to have a better understanding of the novelty and rate of success.
What Will I Learn?
- Characteristics of a start-up
- Concept generation / validation
- Patent / Copyright / Trademark
- Self-assessment / alignment
- Business model development
- Cost analysis
- Forecasting and cost mitigation
- Resources convenience / gap analysis
- Constraints based selection
- Funding strategy / pyramid
- Team assessment / selection
- Foundation / groundwork
- Interest in entrepreneurship
- Willingness to learn
- Desire to succeed
- Desire to make lots of money lol
- General learners
- Anyone interested in business
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