Introduction to Business Model Validation

An idea is nothing but your opinion. Each of us have opinions and few opinions can impact the way how the problem is addressed. Be it in the real world or in an organisation.

The objective of this course is to focus on understanding what Business Models are, how to develop a Business Model on your own and use this to build your Minimum Viable Product. 

Business Models are blue-print of your idea, something like a visual model of the house you are going to construct. The more detailed in the blue-print, the more easily it can be read and understood by others. The more they understand, the more you can succeed.

In this course, you will learn

• What an idea is,

• Types of Business Model Frameworks,

• Ingredients of a Business Model,

• Identifying value of your idea, and

• Developing a Business Model using the most used and understood Business Model Validation framework. 

You can use this framework to develop your idea into a meaningful business or take your idea to your organisation to enhance your team’s/company’s productivity.

This course has in-depth explanations on the 9 building blocks of Business Model Validation

• Identifying Key partners

• Identifying Key activities

• Identifying Key resources

• Identifying the Value Preposition

• Identifying Customer Relationships

• Identifying Distribution channels

• Identifying Customer segments

• Designing the Cost Structure

• Identifying the Revenue Streams.

Along with this, you will also distinguish between a Client and a Customer, a very important word in the vocabulary of entrepreneurs.

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Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!