Validate your Business Idea for a Start-up or Side-Hustle
Validate your Business Idea for a Start-up or Side-Hustle, available at $44.99, has an average rating of 5, with 10 lectures, based on 2 reviews, and has 4 subscribers.
You will learn about Establish Goals and Criteria for Testing your Business Idea Do Market Research on your Business Idea Analyse the Data & Validate your Business Idea Revenue, Cost and Risk & Strategize for Profitability Make an Evidence-Based Decision This course is ideal for individuals who are Novice Entrepreneurs of all ages who want to test whether their Business Ideas will be viable, feasible and profitable prior to committing valuable resources.. It is particularly useful for Novice Entrepreneurs of all ages who want to test whether their Business Ideas will be viable, feasible and profitable prior to committing valuable resources..
Enroll now: Validate your Business Idea for a Start-up or Side-Hustle
Summary
Title: Validate your Business Idea for a Start-up or Side-Hustle
Price: $44.99
Average Rating: 5
Number of Lectures: 10
Number of Published Lectures: 10
Number of Curriculum Items: 10
Number of Published Curriculum Objects: 10
Original Price: R599.99
Quality Status: approved
Status: Live
What You Will Learn
- Establish Goals and Criteria for Testing your Business Idea
- Do Market Research on your Business Idea
- Analyse the Data & Validate your Business Idea
- Revenue, Cost and Risk & Strategize for Profitability
- Make an Evidence-Based Decision
Who Should Attend
- Novice Entrepreneurs of all ages who want to test whether their Business Ideas will be viable, feasible and profitable prior to committing valuable resources..
Target Audiences
- Novice Entrepreneurs of all ages who want to test whether their Business Ideas will be viable, feasible and profitable prior to committing valuable resources..
Have you ever been in the situation where you have an idea for a Start-up or Side-Hustle that seems just perfect, but you are not sure if you should pursue it? It usually costs money to start and, what if it fails? What if it wasn’t such a good idea after all?
It is often fear of the unknown that keeps entrepreneurial spirits like yourself from starting any new venture that could be personally and financially rewarding. So, wouldn’t it be better to find out first by turning the “unknowns” into evidenced knowledge? Who knows, your idea might actually be the next big thing to hit the market, or perhaps not! At least you will know whether you should tweak your idea or move on to consider a different one altogether.
For the sake of simplicity, we will just refer to your idea as a Business Idea, but it applies equally to a business start-up or side-hustle, formal or informal. Learn how to judge whether a business idea will be viable before jumping in and committing resources you might regret later. This course will teach you and other novice entrepreneurs how to define and research your intended industry and target market, analyze the data and test your business ideas, enabling you to make decisions based on evidence instead of opinion. Strategies for profitability will encourage you to consider how revenue may be increased, costs may be lowered and how risks may be mitigated. Based on the extent to which these strategies could be applied successfully to your business idea, you can now make an informed decision on whether your intended business venture has real potential or not.
This is not a motivational course that tells you that your ideas are unique and brilliant and that you have all the talent and potential to make a roaring success of it. Of course that may all be true, but if it were true for every idea everyone ever came up with, everyone would be billionaires right now! Instead, this course will give you a better platform from which to gauge for yourself because what you know for yourself to be true will either sustain you when you run into difficulties, and as a new business owner you absolutely will, or it could prevent you from pursuing a business idea that never had a chance to start off with!
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Chapter 2: Establish the Goals and Criteria for Evaluating your Business Idea
Lecture 1: Establish the Goals and Criteria for Evaluating your Business Idea
Chapter 3: Research your intended Industry Landscape, Market Size and potential Growth
Lecture 1: Research your intended Industry Landscape, Market Size and potential Growth
Chapter 4: Analyze and Validate your Business Idea
Lecture 1: Analyze and Validate your Business Idea
Chapter 5: Revenue, Cost and Risk
Lecture 1: Introduction to Revenue, Cost and Risk
Lecture 2: Revenue Models to Consider
Lecture 3: Cost Considerations and Quick Calculations
Lecture 4: Cost Reduction and Profitability Strategies
Lecture 5: Risks and Risk Mitigation
Chapter 6: Make the Call
Lecture 1: Time to Decide!
Instructors
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LGPco Eduserv
Entrepreneur, Trainer, Instructional Designer & Developer
Rating Distribution
- 1 stars: 0 votes
- 2 stars: 0 votes
- 3 stars: 0 votes
- 4 stars: 0 votes
- 5 stars: 2 votes
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!
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