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

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
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
Circular Economy: An Introduction (edX) EdX
Delft University of Technology,DelftX

Circular Economy: An Introduction (edX)

Ready to make a difference? Learn how to contribute to a sustainable economic system by implementing novel business and design approaches! Our global society is not sustainable. We all know about the challenges we’re facing: waste, climate change, resource scarcity, loss of biodiversity. At the same time, we want to sustain our economies and offer opportunities for a growing world population. This course is about providing solutions we really believe in: a Circular Economy.

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
Innovating in Health Care (edX) EdX
HarvardX,Harvard University

Innovating in Health Care (edX)

Find innovation opportunities in health care technology, management, consulting, or investing by examining health care cost, quality, and access. Health care spending, quality, and access continue to plague America and global nations alike. With U.S. health care costs trending toward $4 trillion in 2020, the need to innovate and create smart, viable business plans is more important than ever before. Innovating in Health Care (IHC) explores how creating successful global business ventures in health care will not only improve access, but also better meet the needs of consumers and societies.

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
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
Supply Chain Management: A Decision-Making Framework (edX) EdX
LouvainX,Université Catholique de Louvain - UCL

Supply Chain Management: A Decision-Making Framework (edX)

Learn how to make rational and confident supply chain decisions, by understanding how they impact the finance, market and strategy of your company. In this business and management course, you’ll learn how make effective supply chain decisions that take into consideration all aspects of your business.

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

Financial Analysis for Decision Making (edX)

Learn how to analyze business opportunities for their financial viability and secure funding to start and grow your business. How do you find the money necessary to effectively manage your business? How do you know if a business opportunity is worthwhile? When should you invest in a stock, bond or company? Do you fear the financial side of growing your organization?

Self Paced
Self-Paced