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What’s Your Big Idea?

Professor Buck Goldstein and Dr. Holden Thorp, PhD

Whether your interest lies in solving the world’s biggest problems, creating the next commercial success or addressing something closer to home, this course will give you a toolbox to vet your ideas and test them in the real world.

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What's inside

Syllabus

Think
We start at the beginning with your big idea and where it comes from: your everyday experience and known sources of innovation as described by Peter Drucker.
Read more
Listen
This second phase of the entrepreneurial lifecycle encourages you to take the big idea you’ve thought about and solicit feedback from the people whose problems you’re trying to solve.
Plan
Strategy, the art and science of being different than your competition, is the next element we introduce, based on Michael Porter’s work.
Clarify
In this module, we coach you on continuing to refine your big idea and beginning to communicate it clearly to a wider audience.
Support
To make your big idea into a reality, you’ll need the personal, professional, and financial resources we discuss in this module.
Iterate
This final step of the entrepreneurial lifecycle outlines a method to continue thinking, listening, planning, clarifying, and supporting your big idea.
Peer Assessment (Optional)
Create a pitch for your Big Idea, then give and receive feedback.
Reverse Pitches (Optional)
In these optional videos, experts from UNC Chapel Hill and Washington University in St. Louis offered their insider perspectives on a number of pressing problems that present unprecedented opportunities for meaningful innovation.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Introduces key concepts of entrepreneurship, including innovation, strategy, and resource management
Designed for individuals looking to solve problems, create successful ventures, or address personal challenges
Structured with a clear and logical entrepreneurial lifecycle framework: Think, Listen, Plan, Clarify, Support, Iterate
Taught by experienced professors Buck Goldstein and Holden Thorp, who bring academic and industry expertise

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Reviews summary

Practical entrepreneurship framework

Learners say this course offers a practical entrepreneurship framework taught by successful entrepreneurs and professors. They say the content is clear and changed their perspective on business and entrepreneurship.
Valuable, practical framework
"Very practical course with clear information to go from the idea to the launch of the business or project."
"Considero que es un excelente curso para empresarios y emprendedores, con una mirada completa y realista del mundo de los negocios."
"A very useful and inspiring course. Excellent presenters and highly successful interviewees who shared some important lessons they had learned from their start-ups."
Broadened perspective, many aha moments
"It was an eye opener for me and it has broaden my mind on Entrepreneurship and what it entails."
"Fantastic Entrepreneurship course!It has completely changed the way i thought of it."
"The course has given me some very clear ideas the processes involved in starting a successful venture from peaple who have been there and done it."
Quizzes can be challenging
"The only tricky part was the quiz! :D"

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 What’s Your Big Idea? with these activities:
Read 'The Innovator's Dilemma'
Gain insights into the challenges and strategies of innovation from a seminal work in the field.
Show steps
  • Read and analyze key chapters of the book, focusing on the concepts of disruptive innovation and Christensen's framework.
  • Identify examples of disruptive innovations in your own industry or area of interest.
Attend Startup Meetups
Expand professional network, learn from experienced entrepreneurs and investors, and stay updated on industry trends.
Browse courses on Networking
Show steps
  • Identify relevant startup meetups in your area.
  • Attend meetups and actively engage with attendees.
Practice Iteration (Plan, Listen, Iterate)
Reinforce the iterative nature of entrepreneurship through practice.
Show steps
  • Design a hypothetical business idea.
  • Develop a plan for your idea, including target audience, value proposition, and revenue model.
  • Seek feedback from potential customers and make adjustments to your plan based on their input.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Create an Elevator Pitch
Solidify understanding of the core elements of an entrepreneurial pitch and practice distilling key points.
Browse courses on Pitch
Show steps
  • Brainstorm and identify the key selling points of your Big Idea.
  • Craft a concise and compelling pitch that highlights the problem, solution, and benefits of your idea.
  • Practice delivering your pitch within the time constraints of an elevator ride.
Contribute to an Open Source Project
Gain practical experience in software development, collaboration, and open innovation.
Browse courses on Open Source
Show steps
  • Identify a project that aligns with your interests and skill set.
  • Familiarize yourself with the project's codebase and contribution guidelines.
  • Implement a new feature or fix a bug.
  • Submit your contribution for code review and merge.
Develop a Business Plan
Integrate knowledge from the course by creating a comprehensive plan for launching an entrepreneurial venture.
Browse courses on Business Plan
Show steps
  • Conduct market research to identify target audience, competition, and industry trends.
  • Develop a detailed marketing and sales strategy.
  • Outline operational plans, including production, logistics, and customer service.
  • Project financial performance and secure funding.
Mentor Aspiring Entrepreneurs
Strengthen understanding of entrepreneurial principles by guiding and supporting aspiring entrepreneurs.
Browse courses on Mentoring
Show steps
  • Volunteer as a mentor at a local startup incubator or accelerator.
  • Provide guidance and feedback to mentees on their business ideas, plans, and challenges.
  • Share your own experiences and insights to help mentees navigate the entrepreneurial journey.

Career center

Learners who complete What’s Your Big Idea? will develop knowledge and skills that may be useful to these careers:
Entrepreneur
Entrepreneurs are individuals who create and manage their own businesses. This course can help entrepreneurs develop the skills and knowledge they need to succeed in their ventures. The course covers topics such as idea generation, market research, business planning, and fundraising. These topics are essential for entrepreneurs who want to launch and grow their own businesses.
Product Manager
Product managers are responsible for the development and launch of new products. This course can help product managers develop the skills and knowledge they need to succeed in their roles. The course covers topics such as market research, product planning, and product development. These topics are essential for product managers who want to launch and grow successful products.
Marketing Manager
Marketing managers are responsible for developing and executing marketing campaigns. This course can help marketing managers develop the skills and knowledge they need to succeed in their roles. The course covers topics such as market research, marketing strategy, and campaign management. These topics are essential for marketing managers who want to develop and execute successful marketing campaigns.
Business Analyst
Business analysts are responsible for analyzing business processes and identifying areas for improvement. This course can help business analysts develop the skills and knowledge they need to succeed in their roles. The course covers topics such as data analysis, process improvement, and project management. These topics are essential for business analysts who want to identify and implement improvements to business processes.
Consultant
Consultants provide advice and support to businesses on a variety of topics. This course can help consultants develop the skills and knowledge they need to succeed in their roles. The course covers topics such as problem solving, communication, and project management. These topics are essential for consultants who want to provide valuable advice and support to businesses.
Sales Manager
Sales managers are responsible for leading and motivating sales teams. This course can help sales managers develop the skills and knowledge they need to succeed in their roles. The course covers topics such as sales strategy, team management, and customer relationship management. These topics are essential for sales managers who want to lead and motivate their teams to achieve success.
Marketing Researcher
Marketing researchers are responsible for conducting research to understand consumer behavior. This course can help marketing researchers develop the skills and knowledge they need to succeed in their roles. The course covers topics such as research methods, data analysis, and consumer behavior. These topics are essential for marketing researchers who want to conduct research to understand consumer behavior.
Project Manager
Project managers are responsible for planning, executing, and closing projects. This course can help project managers develop the skills and knowledge they need to succeed in their roles. The course covers topics such as project planning, risk management, and stakeholder management. These topics are essential for project managers who want to plan, execute, and close projects successfully.
Data Analyst
Data analysts are responsible for collecting, cleaning, and analyzing data. This course can help data analysts develop the skills and knowledge they need to succeed in their roles. The course covers topics such as data analysis techniques, data visualization, and data mining. These topics are essential for data analysts who want to collect, clean, and analyze data.

Reading list

We've selected 40 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 What’s Your Big Idea?.
Provides practical advice for entrepreneurs on how to build a successful company. It covers topics such as hiring, firing, fundraising, and managing growth.
Provides a comprehensive guide to starting and running a startup. It covers topics such as business planning, finance, and marketing.
Provides a practical guide to building a successful startup. It teaches readers how to use the Lean Startup methodology to test their ideas, validate their assumptions, and iterate quickly.
Provides a practical guide to building a successful startup using the lean startup methodology, which emphasizes iterative development, customer feedback, and continuous learning.
Provides a clear and concise framework for developing and evaluating good strategies. It is essential reading for anyone who wants to develop a successful business.
Offers a contrarian view of innovation. It argues that successful startups should focus on building unique products and services that create new markets, rather than competing in existing markets.
Provides a step-by-step guide to getting your startup off the ground. It covers topics such as marketing, sales, and customer development.
Provides a framework for understanding how established companies can avoid the innovator's dilemma, which is the tendency for large, successful companies to be disrupted by smaller, more innovative companies.
Provides a roadmap for marketing and selling technology products to mainstream customers. It must-read for anyone who wants to launch a successful technology product.
This ancient Chinese military treatise provides timeless principles of strategy and leadership. It can be applied to a wide range of situations, including business and entrepreneurship.
Provides a framework for understanding the challenges that companies face when they try to cross the chasm from early adopters to mainstream customers.
Provides a practical guide to using the Lean Startup methodology to build and launch successful products.
This classic work of political philosophy provides a realistic and often cynical view of how power is acquired and maintained. It can be a valuable read for entrepreneurs who want to understand the dark side of business.
Provides a motivational guide to achieving success in business and life. It challenges readers to set audacious goals and to take massive action to achieve them.
This self-help book provides practical advice on how to become more effective in all areas of your life.
Provides a comprehensive history of the digital revolution, focusing on the people who made it possible.
Provides a framework for understanding the characteristics of exponential organizations.
Provides a practical guide to using the Lean Startup methodology in large organizations.

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