Entrepreneurship 103 is available for you if you find yourself asking the important question: How will my innovation make money? The free online course provided by Massachusetts Institute of Technology. The aim of the course is to create a profitable innovation by learning how to design a business model, price your product and create a successful sales process.
With case studies from MIT startup companies and interviews of their founders, the course will teach you how to design a business model, how to price your product and how to build sales process. The course will starts on 1 February 2017.
Course At A Glance
- Length: 6 weeks
- Effort: 6 hours per week
- Subject: Business & Management
- Institution: Massachusetts Institute of Technology
- Languages: English
- Price: Free
- Certificate Available: No
- Session: The course will starts on 1 February 2017
Providers Details
- Massachusetts Institute of Technology — a coeducational, privately endowed research university founded in 1861 — is dedicated to advancing knowledge and educating students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.
- The mission of the Massachusetts Institute of Technology is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century. We are also driven to bring knowledge to bear on the world’s great challenges.
Requirements
- Entrepreneurship 101: Who is your customer?
- Entrepreneurship 102: What can you do for your customer?
About This Course
- In the Verified track, the MIT course team composed of Faculty, Teaching Fellows, and Alumni Mentors will review, grade and provide feedback on your assignments. In addition, they will review and provide feedback on your business plan. In the Verified track, you will also be enrolled in weekly review and discussion sessions. The language of the course is English.
- Entrepreneurship has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire, and the people who do so are called ‘entrepreneurs’. The entrepreneurial spirit is characterized by innovation and risk-taking.
How to Join This Course
You should register yourself through the given link to join this free on-line course: https://courses.edx.org/register?course_id=course-v1%3AMITx%2BBootcamp3%2B3T2016&enrollment_action=enroll&email_opt_in=true
Why Take This Course
This course is particularly useful for:
- Corporate entrepreneurs building a new product line;
- Scientists and engineers commercializing a new technology;
- Entrepreneurs whose innovations have created radically new markets;
- Educators, particularly former entrepreneurs, who are beginning to teach entrepreneurship;
- Policymakers who work to energize the innovation ecosystems in their regions.
- In short, Entrepreneurship 103 is your guide to creating a profitable and sustainable business.
Learning Outcomes
Learning goals of the course.
- Understand the Decision Making Unit
- Navigate the Decision Making Process
- Develop a Pricing Framework
- Map a Sales Process
- Choose or Design a Business Model
- Measure the Cost of Customer Acquisition
- Estimate the Lifetime Value of Your Customer
Instructors
- Bill Aulet: Bill Aulet is the managing director of the Martin Trust Center for MIT Entrepreneurship at MIT as well as a senior lecturer at the MIT Sloan School of Management.
- Erdin Beshimov: Erdin Beshimov is a Founder of the MIT Global Entrepreneurship Bootcamp and Lecturer in MIT’s online courses.
Suggested Reading
There is no basic knowledge is required for the course.
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Detailed Information
For more information about the course, you can check the given link:
https://www.edx.org/course/entrepreneurship-103-show-me-money-mitx-bootcamp3#!
