Designing a Killer Business Model for Entrepreneurs
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Brief Introduction
How to start and run a new business with a successful business modelDescription
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.
what do students tell about this course?
"This course explains business modelling for startups in easy way"
--Ms. Sasi Kumar
"I took the "Designing a disruptive business model for entrepreneurs course" when I was taking the initial steps to start my business. This course has helped me to design a new revenue model and think outside the box about other elements of a new business model"
-- Mr. Matt Gibson
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.
Requirements
- 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.