Entrepreneurship: How To Start A Business From Business Idea
Entrepreneurship fundamentals: Strategies to turn your startup business idea into a successful business faster
What you'll learn
- A-Z roadmap of steps to start a business, gain independence and enjoy the freedom of being your own boss!
- Gain confidence and become decisive about the ideal way to proceed with your business
- Expert help and advice from the instructor in 1-to-1 office hours calls and course discussions. 99% of questions are answered within 24 hours.
- Discover more than 10 practical ways to raise funds for your business
- Alleviate the stress you are experiencing from struggling in business
- Identify highly profitable business niches, develop new business ideas, and continuously improve them to increase your profits
- Write a business plan with effective and winning strategies that prepare your business for growth Avoid common costly mistakes made by most first-time entrepreneurs, and save precious time and money
- Learn when and how to protect your intellectual property
- Increase your confidence and decisiveness when making crucial business decisions
Course Content
Introduction
- Correct Entrepreneurship mindset
How to get feedback on your business idea and made them better than never
- Gathering feedback section introduction
- How to get feedback on business ideas & how to get expert feedback
- Paid options to get business idea feedback
- Structuring the feedback conversation for biggest impact
- Validating business ideas by starting small and testing them in the market
Common business idea questions and issues
- Five Types of Business risk you must be aware of
- What to do if you have too many ideas
- Client case study: Choosing an influencer niche and monetizing it
- Different type of business idea & what you must
Productivity and emotional intelligence to make your a better entrepreneur
- 50 Productive skill that will help you for the rest of your career
- EXERCISE and brief introduction to emotional intelligence, productivity
- Five productivity tips to boost quality and quantity of your work
- Your brain and business- which part of the brain work
Why you should follow your passion
- Should you follow your passion?
How to protect your intellectual properties
- How to protect business ideas and your company's intellectual property
- How to protect your business by creating a moat around it
- For first-time entrepreneurs: More on moats, barriers, being first-to-market
How to write a business plan
- Business planning section introduction
- What is a business plan
- How long should a business plan be?
- The executive summary of a business plan
- The product section of a business plan
- Product considerations for the real world
- The stage of your business
- Your market size section of the business plan
- Example of writing the target market and market size part of the business plan
- The marketing plan of your business plan
- Your business competition
- Your revenue streams
- Pricing and customer lifetime value (LTV)
- Your founding or management team
- Your business unit economics
- S.W.O.T analysis
- S.W.O.T example
Business plan financials
- The cash flow statement
- How to calculate the gross profit, net profit and the bottom line
- How to calculate your company profit margin
- Example of calculating profit and margin
- Balance sheet introduction
- When do you need a business plan?
Promotion and marketing strategy for your business
- Marketing plan section introduction
- Basic marketing plan for an Ecommerce product
- Local business marketing plan example
- Agency or services (marketing, web development, design) company marketing plan
- Marketing plan for a blog or YouTube or podcast or influencer or coach
- Marketing plan for a platform or big website domination
- Marketing plan for an innovative new product or website
- B2B company marketing plan
How to raise money to start your business
- Fundraising section introduction
- How much money you need to raise
- WORKSHEET: New business expenses and calculating how much you need to raise
- WORKSHEET: Existing business expenses and calculating how much to raise
- Fundraising paths worksheet
- Bootstrapping your business
- Raising money from loans
- Raising money from grants
- Raising money from investors
- Earning money from your own revenue
- Creative fundraising: Host events & workshops or selling educational products
Requirement
- A Computer that has admin privileges
- Have 10GB of free space on your hard drive.
- Although you can build iOS apps on a Windows computer with Flutter, if you want to test it, you will need a Mac.
- All software we'll be using is free to download and install.