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Shalini Gopalkrishnan

In this project, we will teach you how to create a Business model canvas which will help you refine the strategy for your startup or idea. It will help you understand how your idea adds value and delivers it.

This project will help you think clearly about the various aspects of your startup or idea and delineate the various aspects of running a business . It will help you think about who your target customers are, where you will make money from , what is your cost structure, who are your key partners and what resources you nee dto run your startup.

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In this project, we will teach you how to create a Business model canvas which will help you refine the strategy for your startup or idea. It will help you understand how your idea adds value and delivers it.

This project will help you think clearly about the various aspects of your startup or idea and delineate the various aspects of running a business . It will help you think about who your target customers are, where you will make money from , what is your cost structure, who are your key partners and what resources you nee dto run your startup.

This is useful for people who have an idea or a startup .

Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.

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What's inside

Syllabus

Business Model Canvas
In this project, we will teach you how to create a Business model canvas which will help you refine the strategy for your startup or idea. It will help you understand how your idea adds and delivers value.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Teaches the fundamental concepts of business model building, which is standard in industry
Delivers valuable knowledge for both entrepreneurs and startup enthusiasts
Provides a step-by-step approach to creating a comprehensive business model
Guided by experienced instructors with expertise in business model development
Suits learners with a business idea or an existing startup
Note: this course may not be suitable for those outside the North America region

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Reviews summary

Bmc fundamentals explained

Learners say this is a good course to learn the basics of the Business Model Canvas. It is a great refresher for entrepreneurs, and instructors are knowledgeable about the subject.
Course is good for beginners.
"ok"
"Good"
"It made me confident to teach BMC to somebody else now."
"Great refresher course. Might also work if you just want to get started very quickly."
Good for exposing basic tools.
"Basic tools for entrepreneur"
"I learn a lot"
Instructors are great.
"Great"
"Very good for my startup"
"Excellent course structure to understand 'Business model canvas' with Value proposition, target customer, customer relationship, channels, revenue streams, key activities, key resources. key partners and cost structure ingredients. Nicely guided by faculty. Great learning session."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Business Model Canvas with these activities:
Review Business Acumen
Reviewing business acumen concepts will strengthen your foundational understanding of business principles, making it easier to grasp the concepts covered in this course.
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Show steps
  • Review core business concepts such as markets, competition, and operations.
  • Read articles or books about business strategy and management.
  • Attend a workshop or webinar on business acumen.
Gather Industry Research
Gathering industry research will provide you with valuable insights into the market landscape, competitors, and customer trends, enriching your understanding of the business environment.
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Show steps
  • Read industry reports and articles.
  • Conduct online research using search engines and databases.
  • Attend industry events and webinars.
Seek Mentorship from Industry Experts
Seeking mentorship from industry experts will provide you with access to valuable insights, guidance, and connections, enhancing your learning and career development.
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Show steps
  • Identify industry experts in your field of interest.
  • Reach out to them via LinkedIn, email, or industry events.
  • Request a meeting or mentorship opportunity.
Nine other activities
Expand to see all activities and additional details
Show all 12 activities
Refine Understanding of Business Model Canvas
This activity will reinforce your understanding of the Business Model Canvas to provide a firmer foundation for this course.
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Show steps
  • Re-read any introductory materials you may have about the Business Model Canvas.
  • Take Practice Quiz on Business Model Canvas
  • Create a sample Business Model Canvas for a familiar business.
Create a Business Model Canvas
Completing a Business Model Canvas will provide you with a practical framework to analyze and refine your business ideas, deepening your understanding of the course content.
Browse courses on Business Model Canvas
Show steps
  • Use an online template or software to create a Business Model Canvas.
  • Fill out each section of the canvas, including customer segments, value proposition, and revenue streams.
  • Seek feedback on your canvas from mentors, peers, or industry experts.
Develop a Business Model Canvas for a Startup Idea
Solidify your understanding of the Business Model Canvas by developing a sample one for your own startup idea.
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Show steps
  • Brainstorm a startup idea that interests you.
  • Map out the key elements of your Business Model Canvas.
  • Create a visual representation of your Business Model Canvas.
Discuss Business Model Ideas
Discussing your business model ideas with peers will provide you with diverse perspectives and feedback, fostering innovation and refinement of your strategy.
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Show steps
  • Join or create a study group or online forum.
  • Present your business model ideas and receive feedback.
  • Engage in discussions and debates about different approaches.
Collaborative Business Model Canvas Review
To reinforce understanding of Business Model Canvas and provide constructive input, have a collaborative review session with peers.
Browse courses on Business Model Canvas
Show steps
  • Find a group of peers to collaborate with.
  • Share your draft Business Model Canvas with the group.
  • Discuss and provide feedback on each other's Business Model Canvases.
Develop a Value Proposition
Creating a value proposition will help you articulate the unique benefits and value of your business idea, enhancing your ability to communicate its potential to others.
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Show steps
  • Identify your target customers and their pain points.
  • Define the unique value that your business offers to solve these pain points.
  • Create a concise and compelling statement that summarizes your value proposition.
Explore Advanced Business Model Canvas Techniques
Extend your knowledge of Business Model Canvas by exploring advanced.
Browse courses on Business Model Canvas
Show steps
  • Identify areas where you would like to expand your knowledge of Business Model Canvas.
  • Search for tutorials or resources on advanced Business Model Canvas techniques.
  • Apply what you have learned to your own Business Model Canvas.
Mentor Aspiring Entrepreneurs
Mentoring aspiring entrepreneurs will reinforce your understanding of business concepts and provide valuable insights from practical experience, deepening your knowledge.
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Show steps
  • Volunteer as a mentor at a local startup incubator or accelerator.
  • Connect with aspiring entrepreneurs through online platforms or networking events.
  • Provide guidance and support on business model development, fundraising, and marketing.
Contribute to Open Source Business Model Canvas Tools
Gain practical experience working with Business Model Canvas by contributing to open source tools.
Browse courses on Business Model Canvas
Show steps
  • Explore the tool's documentation and codebase.
  • Identify an area where you can make a contribution.
  • Submit a pull request with your proposed changes.
  • Identify an open source Business Model Canvas tool that interests you.

Career center

Learners who complete Business Model Canvas will develop knowledge and skills that may be useful to these careers:
Business Analyst
A Business Analyst is a professional who helps businesses improve their performance by analyzing their operations and identifying areas for improvement. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to identify opportunities for improvement. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key elements of your business and identify potential areas for growth.
Strategy Consultant
A Strategy Consultant is a professional who helps businesses develop and implement strategies for growth. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to develop effective strategies. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key strategic elements of a business and identify potential areas for improvement.
Consultant
A Consultant is a professional who provides advice and guidance to businesses on a variety of topics, including business strategy, operations, and marketing. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to identify opportunities for improvement. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key elements of a business and identify potential areas for growth.
Product Manager
A Product Manager is a professional who is responsible for the development and launch of new products. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to identify customer needs. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key product elements of a business and identify potential areas for growth.
Project Manager
A Project Manager is a professional who is responsible for planning and executing projects. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to manage projects effectively. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key elements of a project and identify potential risks and opportunities.
Investment Banker
An Investment Banker is a professional who helps businesses raise capital and advises them on mergers and acquisitions. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to analyze financial data. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key financial elements of a business and identify potential areas for growth.
Sales Manager
A Sales Manager is a professional who is responsible for managing sales teams and developing sales strategies. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to identify and close sales opportunities. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key sales elements of a business and identify potential areas for growth.
Financial Analyst
A Financial Analyst is a professional who analyzes financial data to evaluate the financial health of businesses and to make recommendations on investment decisions. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to identify financial risks and opportunities. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key financial elements of a business and identify potential areas for growth.
Entrepreneur
An Entrepreneur is someone who starts and runs their own business. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to create a successful business plan. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key elements of your business and identify potential areas for growth.
Marketer
A Marketer is a professional who develops and executes marketing campaigns to promote products and services. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to identify target markets. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key marketing elements of a business and identify potential areas for growth.
Systems Analyst
A Systems Analyst is a professional who designs and implements computer systems. This course can help you succeed in this role by providing you with a framework for understanding how businesses operate and how to design and implement effective systems. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key system elements of a business and identify potential areas for improvement.
UX Researcher
A UX Researcher is a professional who conducts research to understand the user experience of products and services. This course may be useful as it can help you understand how businesses operate and how to conduct user research. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key user research elements of a product or service and identify potential areas for improvement.
User Experience Designer
A User Experience Designer is a professional who designs and evaluates the user experience of products and services. This course may be useful as it can help you understand how businesses operate and how to design and evaluate user experiences. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key user experience elements of a product or service and identify potential areas for improvement.
Technical Writer
A Technical Writer is a professional who writes documentation for technical products and services. This course may be useful as it can help you understand how businesses operate and how to communicate complex technical information in a clear and concise manner. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key elements of a technical product or service and identify potential areas for improvement.
Web Developer
A Web Developer is a professional who designs and develops websites. This course may be useful as it can help you understand how businesses operate and how to design and develop effective websites. You will learn how to create a Business Model Canvas, which is a tool that can help you visualize the key website elements of a business and identify potential areas for improvement.

Reading list

We've selected 14 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Business Model Canvas.
Provides a comprehensive overview of the Business Model Canvas, a strategic planning tool that helps entrepreneurs and businesses to develop and refine their business models. It valuable resource for anyone who wants to learn more about the Business Model Canvas and how to use it to improve their business.
Introduces the concept of the Lean Startup, a methodology for developing and testing new products and services with a minimum of waste. It valuable resource for entrepreneurs who want to learn how to build and grow their businesses quickly and efficiently.
Provides a practical guide to getting traction for your startup. It covers topics such as customer acquisition, marketing, and sales. It valuable resource for entrepreneurs who want to learn how to grow their businesses quickly and efficiently.
Provides a unique perspective on how to build a successful business. It argues that entrepreneurs should focus on creating new products and services that are truly innovative. It valuable resource for entrepreneurs who want to learn how to think differently and build a business that will stand out from the competition.
Examines the challenges that large companies face when they try to innovate. It argues that large companies are often too focused on their existing products and services and are therefore unable to see the potential of new technologies. It valuable resource for entrepreneurs who want to learn how to avoid the Innovator's Dilemma and build a successful business.
Provides a framework for developing good strategies. It argues that good strategies are clear, focused, and aligned with the organization's capabilities. It valuable resource for entrepreneurs who want to learn how to develop a winning strategy for their business.
Provides a behind-the-scenes look at the challenges of building a successful startup. It covers topics such as fundraising, hiring, and firing. It valuable resource for entrepreneurs who want to learn how to overcome the challenges of building a business.
Examines the challenges that businesses face when they try to move from the early adopters to the mainstream market. It argues that businesses need to develop different marketing and sales strategies for each stage of the product lifecycle. It valuable resource for entrepreneurs who want to learn how to cross the chasm and build a successful business.
Provides a different perspective on how to build a successful business. It argues that businesses should focus on simplicity, efficiency, and customer satisfaction. It valuable resource for entrepreneurs who want to learn how to build a business that is profitable and sustainable.
Provides a step-by-step guide to starting and running a successful startup. It covers topics such as customer development, market validation, and fundraising. It valuable resource for entrepreneurs who want to learn how to build a business from the ground up.
Classic work of military strategy. It provides insights into the nature of war and how to win. It valuable resource for entrepreneurs who want to learn how to compete and succeed in business.
Classic work of political philosophy. It provides insights into the nature of power and how to achieve it. It valuable resource for entrepreneurs who want to learn how to lead and succeed in business.
Provides a guide to personal and professional effectiveness. It covers topics such as goal setting, time management, and interpersonal communication. It valuable resource for entrepreneurs who want to learn how to succeed in business and in life.

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