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

Operations Management (edX) EdX
Indian Institute of Management, Bangalore,IIMBx

Operations Management (edX)

Understand key aspects of business operations and lean management including capacity, productivity, quality, and supply chain. Have you ever wondered about the right methods to improve productivity, configure your supply chain or address the demand on hand? In recent years, businesses have strived to improve productivity and quality, reduce costs and delivery times, and embrace flexibility and innovation. These strategies are part of the Operations Management (OM) activities that service and manufacturing organizations engage in.

Self Paced
Self-Paced
English for Doing Business in Asia - Speaking (edX) EdX
The Hong Kong University of Science and Technology - HKUST,HKUSTx

English for Doing Business in Asia - Speaking (edX)

Introducing strategies for developing your spoken English communication skills in the context of doing business in Asia. The use of English for doing business in multinational settings is a fact of life for many business people. As Asian economies expand and become more involved in the global economy, a lingua franca – a language used to communicate among groups of people who do not share a mother tongue – is needed to exchange information.

Self Paced
Self-Paced
Mandarin Chinese for Business (edX) EdX
MandarinX

Mandarin Chinese for Business (edX)

Learn common Mandarin Chinese business phrases and understand Chinese culture so you can communicate professionally in the largest market in the world. Take the next step in learning Mandarin Chinese and expand your language skills so you can effectively communicate in Chinese business. In this language training course, you will learn common phrases and scenarios of business and negotiation in Chinese speaking countries. You will also learn about Chinese business culture and etiquette and the needs of businessmen and women.

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
Creativity & Entrepreneurship (edX) EdX
Berklee College of Music,BerkleeX

Creativity & Entrepreneurship (edX)

Learn skills and listen to examples from world-renown entrepreneurs and innovators as they discuss the parallels between the creative and entrepreneurial journeys -- and why entrepreneurship, much like music or creativity, is something we all possess. Creativity & Entrepreneurship will help you tap into your inner creativity and learn how to leverage it for career development or business innovation.

Self Paced
Self-Paced
An Introduction to Credit Risk Management (edX) EdX
Delft University of Technology,DelftX

An Introduction to Credit Risk Management (edX)

What is credit risk? Why is it so important, in modern economies, to correctly deal with it? This course combines theory with practice to answer these questions. Imagine that you are a bank and a main part of your daily business is to lend money. Unfortunately, lending money is a risky business - there is no 100% guarantee that you will get all your money back. If the borrower defaults, you will face losses in your portfolio.

Self Paced
Self-Paced
Entrepreneurial Opportunities (edX) EdX
University of Adelaide,AdelaideX

Entrepreneurial Opportunities (edX)

Learn how to be a successful entrepreneur by understanding how to evaluate business opportunities and ideas. Do you have a business idea, but you’re not sure if it’s going to fly? Or maybe you know you want to be an entrepreneur, but you’re not sure where to start? This business course is for anyone aspiring to be an entrepreneur – regardless of the industry or type of venture you might have in mind.

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
Introduction to Bookkeeping (edX) EdX
ACCA

Introduction to Bookkeeping (edX)

Start learning at your own pace to get a qualification and a career in business and finance, with this introduction level course from ACCA-X. Interested in a career in accounting? Want to stand out from the crowd? Look no further, this is the place to start. As accounting is so integral to the successful running of a business, the Introduction to Bookkeeping course is designed to arm you with the fundamentals you need to grasp the basic concepts underpinning accounting.

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