Professional Training

Entrepreneurship 103: Show Me The Money

edX, Online
Length
10 weeks
Next course start
Start anytime See details
Course delivery
Self-Paced Online
Length
10 weeks
Next course start
Start anytime See details
Course delivery
Self-Paced Online
Visit this course's homepage on the provider's site to learn more or book!

Course description

Entrepreneurship 103: Show Me The Money

Successful entrepreneurship ultimately comes down to three questions:

  • Are you solving a real problem?
  • Do you have a superior solution?
  • Can you sustainably deliver the solution?

The course series Entrepreneurship 101, 102, and 103 addresses these questions one by one.

Entrepreneurship 103 is your guide to creating a profitable business. So you’ll learn more than just entrepreneurship here. You’ll start becoming a business leader.

We’ll expose you to case studies of MIT startup companies and interviews of their founders. So you’ll learn the vital business skills of:

  • Designing a business model;
  • Pricing your product;
  • Building a sales process;
  • Measuring your cost of customer acquisition;
  • Estimating the lifetime value of your customer.

Entrepreneurship 103 should be of particular interest to you if you are:

  • Creating a business-to-business (B2B) product or service;
  • Building a multi-sided marketplace;
  • Entering a competitive market.

This course is particularly useful for:

  • Corporate entrepreneurs developing new businesses;
  • Scientists and engineers commercializing new technologies;
  • Creators of complex solutions that necessitate design trade-offs;
  • Educators, who teach and coach entrepreneurs;
  • Policymakers dedicated to strengthening innovation ecosystems

If you can, take Entrepreneurship 103 as a team, for the course will give you a common framework to make decisions, laying the foundation for your long-term success.

Give you best to this course. In return, you will gain the confidence that you can go from your first sale to a profitable business. And that’s priceless.

This course is a pre-requisite to an attend an MIT Bootcamp.

Upcoming start dates

1 start date available

Start anytime

  • Self-Paced Online
  • Online
  • English

Suitability - Who should attend?

Prerequisites

Recommended:

  • Entrepreneurship 101: Who is your customer?
  • Entrepreneurship 102: What can you do for your customer?

Outcome / Qualification etc.

What you'll learn

  • Understand the Decision-Making Unit
  • Navigate the Decision-Making Process
  • Develop a Pricing Framework
  • Map the Sales Process
  • Choose or Design a Business Model
  • Measure the Cost of Customer Acquisition
  • Estimate the Lifetime Value of Your Customer

Course delivery details

This course is offered through Massachusetts Institute of Technology, a partner institute of EdX.

2-4 hours per week

Expenses

  • Verified Track -$49
  • Audit Track - Free
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