EdX

Entrepreneurship 103: Show Me The Money (edX)

Offered by MIT, MITx,
Entrepreneurship 103: Show Me The Money (edX)

Your startup needs to get cash positive as soon as possible – and ultimately, profitable. This is how you get there. 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?

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

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.
The course is taught by Bill Aulet, Managing Director of the Martin Trust Center for MIT Entrepreneurship and Erdin Beshimov, Senior Director of MIT BootCampus.

What you'll learn:
Learning goals:

  • 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
Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

IT Fundamentals for Business Professionals: Enterprise Systems (edX) EdX
Universitat Politècnica de València,UPValenciaX

IT Fundamentals for Business Professionals: Enterprise Systems (edX)

Working with Information Technology (IT) without the necessary background? Learn the fundamentals of Information Systems in a corporate environment. This course is one of the 5 courses of an introductory business information systems series, designed to introduce you to the amazing world of Information Technology.

Self Paced
Self-Paced
Intermediate Bookkeeping (edX) EdX
ACCA

Intermediate Bookkeeping (edX)

Get business-ready and prepare for a qualification by building your finance and accountancy skills with this course from ACCA-X. Did you enjoy the Introduction to Bookkeeping course? Want to delve deeper into the realms of Financial Accounting? Or do you already have some prior knowledge of Bookkeeping and are simply looking to expand your knowledge base? Then this course is perfect for you.

Self Paced
Self-Paced
Digital Strategy and Action (edX) EdX
Babson College

Digital Strategy and Action (edX)

Learn how elite leaders conceive and execute strategies that drive the world’s fastest growing digital companies. What do business luminaries like Amazon, Facebook, Google, and Netflix have in common? They’re digital businesses – meaning that they blur the digital and physical worlds – and their CEOs have built companies from idea to over $10 billion in revenues and kept them growing at an annual rate of at least 20%.

Self Paced
Self-Paced
Sustainable Urban Development (edX) EdX
Wageningen University,Delft University of Technology,DelftX,WageningenX

Sustainable Urban Development (edX)

Learn why cities are key in resolving global urbanization and sustainability challenges and how you can engineer tomorrow’s cities today. Did you know that cities take up less than 3% of the earth’s land surface, but more than 50% of the world’s population live in them? And, cities generate more than 70% of the global emissions? Large cities and their hinterlands (jointly called metropolitan regions) greatly contribute to global urbanization and sustainability challenges, yet are also key to resolving these same challenges.

Self Paced
Self-Paced
Data Science Ethics (edX) EdX
University of Michigan,MichiganX

Data Science Ethics (edX)

Learn how to think through the ethics surrounding privacy, data sharing, and algorithmic decision-making. As patients, we care about the privacy of our medical record; but as patients, we also wish to benefit from the analysis of data in medical records. As citizens, we want a fair trial before being punished for a crime; but as citizens, we want to stop terrorists before they attack us. As decision-makers, we value the advice we get from data-driven algorithms; but as decision-makers, we also worry about unintended bias.

Self Paced
Self-Paced
System Design for Supply Chain Management and Logistics (edX) EdX
Chalmers University of Technology,ChalmersX

System Design for Supply Chain Management and Logistics (edX)

Learn how leading supply chains are designed, what makes them competitive and how to use the SCOR model for analysis to increase your business’s ROI. Logistics and supply chain structures can be found in virtually any system. In this business and management course you will learn not only what makes leading systems competitive but also how to design, or redesign, your own system.

Self Paced
Self-Paced
Master Control in Supply Chain Management and Logistics (edX) EdX
Chalmers University of Technology,ChalmersX

Master Control in Supply Chain Management and Logistics (edX)

Boost your logistics skills in this hands-on course on how to master and control your supply chain to enhance your organisation’s productivity. Logistics and supply chain structures can be found in virtually any system. A supply chain is a complex environment with a multitude of forces and variables with various degrees of dependence. Unforeseen events are frequent and in order to achieve a competitive supply chain, constant supervision is needed.

Self Paced
Self-Paced
Analytics for Decision Making (edX) EdX
Babson College

Analytics for Decision Making (edX)

Discover the foundational concepts that support modern data science and learn to analyze various data types and quality to make smart business decisions. Want to know how to avoid bad decisions with data? Making good decisions with data can give you a distinct competitive advantage in business. This statistics and data analysis course will help you understand the fundamental concepts of sound statistical thinking that can be applied in surprisingly wide contexts, sometimes even before there is any data! Key concepts like understanding variation, perceiving relative risk of alternative decisions, and pinpointing sources of variation will be highlighted.

Self Paced
Self-Paced
Critical Development Perspectives (edX) EdX
University of Queensland,UQx

Critical Development Perspectives (edX)

Gain insight into the different perspectives and trends facing development workers to lead more effectively across sectors and organizations. There are many approaches and perspectives about what is most important within the development sector. Some practitioners argue that basic water and sanitation is essential to good development, others push for women’s economic empowerment. Others still believe that good governance and institutions are the driving factor to sustainable development.

Self Paced
Self-Paced