Novice Entrepreneurs – Learn to Test your Business Idea

Free Download Novice Entrepreneurs – Learn to Test your Business Idea
Published 5/2024MP4 | Video: h264, 1280×720 | Audio: AAC, 44.1 KHz, 2 Ch
Language: English | Duration: 1h 20m | Size: 783 MB
Research, analyze, validate and determine whether your Business Ideas are viable before you take the plunge.
What you’ll 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
Requirements
Basic English, a little Math, an Internet Connection and an Entrepreneurial Spirit.
Description
Have you ever been in the situation where you have a Business Idea 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 business 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 Business 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.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!
Who this course is 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..
Homepage

https://www.udemy.com/course/entrepreneurs-test-your-business-idea/