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Prof. Dominic Chan

An entrepreneur is someone who is always on the lookout for problems that can be turned into opportunities and finds creative ways to leverage limited resources to reach their goals. In this course, learners will be introduced to the fundamental concepts, theories, and frameworks of entrepreneurship and learn how to apply them within the context of the world's largest market: China. Through cases, articles, and experiential learning, learners will gain expertise in how to identify and evaluate opportunities; interpret, analyze, and build financial models to enable high-growth ventures; practice living life as an entrepreneurial leader; and create a new product or service for the Chinese market.

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What's inside

Syllabus

Module 0: Course Preliminaries
This module provides general information about this course which you should familiarize yourself with before start working on the lecture materials. Full interviews of all guests appearing in this course are also included as supplementary materials in this module for your easy access. Enjoy!
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Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Teaches the fundamentals of entrepreneurship, a useful foundation for anyone wanting to start and scale a business
Introduces learners to the specific context of the Chinese market, a valuable perspective for anyone doing business in China
Led by Prof. Dominic Chan, an expert in entrepreneurship and innovation
Provides opportunities for experiential learning, allowing learners to apply their knowledge in real-world scenarios
Requires learners to have a basic understanding of business and finance, which may be a barrier for some

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Reviews summary

Practical entrepreneurship with china focus

According to learners, this course provides a solid foundation in entrepreneurship with a unique focus on the Chinese market. Students highlight the practical insights and actionable steps provided, particularly valuing the guidance on developing a business plan. Many found the instructor's explanations clear and engaging. While the assignments are noted as demanding, they are widely seen as highly beneficial for applying concepts. The course is considered relevant for aspiring entrepreneurs, though some note the China focus might be less relevant depending on their specific goals.
Unique focus on the Chinese entrepreneurial landscape.
"The insights into the Chinese market were invaluable, providing a unique perspective often missed."
"...if you're not interested in China, some parts might feel less relevant..."
"I appreciated learning about entrepreneurship through the lens of the world's largest market."
Instructor explains complex ideas clearly.
"The instructor does a great job of explaining complex concepts in a clear and accessible way."
"Lectures were easy to follow and well-structured."
"I really understood the financial analysis part thanks to the clear explanations."
Required project is challenging but highly valuable.
"Working on the business plan was tough, but it was the best way to solidify my understanding."
"The business plan assignment is demanding but absolutely crucial for learning."
"I now have a draft business plan I can actually use, thanks to the structured project."
Offers actionable steps for starting a business.
"...the course gives you actionable steps, not just theory. I immediately felt like I could start planning my venture."
"I gained practical tools and strategies that I could apply immediately to my work..."
"The emphasis on real-world application is fantastic; it bridges the gap between learning and doing."

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 Entrepreneurship with these activities:
Read 'The Lean Startup'
Gain valuable insights from 'The Lean Startup' by Eric Ries, which emphasizes the importance of building a minimum viable product and iterating rapidly based on customer feedback.
Show steps
  • Purchase or borrow a copy of 'The Lean Startup'.
  • Read the book thoroughly and take notes.
  • Identify key concepts and principles that apply to your startup.
  • Consider how you can incorporate the lean startup methodology into your own business.
Explore Market Validation Techniques
Enhance your understanding of market validation by following online tutorials that demonstrate practical methods for testing the viability of your business ideas.
Browse courses on Market Validation
Show steps
  • Search for reputable online resources on market validation.
  • Select tutorials relevant to your startup's industry and target market.
  • Follow the step-by-step instructions provided in the tutorials.
  • Apply the techniques to validate your own business ideas.
Develop an Elevator Pitch
Solidify your understanding of the key elements of an effective elevator pitch by creating your own, which will help you quickly and concisely communicate your startup's value.
Show steps
  • Identify the unique value proposition of your startup.
  • Craft a clear and concise statement that captures your startup's essence.
  • Practice delivering your elevator pitch within 30 seconds.
  • Seek feedback from peers or mentors to refine your pitch.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Financial Analysis Practice
Reinforce your understanding of financial analysis by solving practice problems, which will prepare you to assess the financial viability of your startup.
Browse courses on Startup Financing
Show steps
  • Review lecture materials on financial analysis.
  • Attempt practice problems provided in the course.
  • Compare your answers with the provided solutions.
  • Identify areas where you need improvement and seek clarification from the instructor or classmates.
Pitch Practice Sessions
Improve your pitching skills by participating in practice sessions with peers, where you can receive feedback and refine your ability to present your startup effectively.
Show steps
  • Prepare a brief pitch for your startup.
  • Present your pitch to a group of peers.
  • Receive constructive feedback on your pitch.
  • Incorporate the feedback into your pitch and practice again.
Build a Business Resources List
Expand your knowledge and access to resources by compiling a list of relevant books, articles, websites, and organizations related to entrepreneurship in China, which will support your learning beyond the course.
Browse courses on Startup Financing
Show steps
  • Conduct online research to identify credible resources.
  • Categorize the resources based on their relevance to different aspects of entrepreneurship.
  • Create an organized document or spreadsheet to store the resources.
  • Share your list with classmates or other entrepreneurs for feedback and additional suggestions.
Develop a Business Plan
Apply the concepts learned in the course by creating a comprehensive business plan for your startup, which will serve as a roadmap for its operations and growth.
Browse courses on Business Plan
Show steps
  • Identify the key components of a business plan.
  • Conduct market research and gather data to support your plan.
  • Develop a clear and concise executive summary.
  • Outline the marketing, operations, and financial strategies for your startup.
  • Proofread and refine your business plan thoroughly.
Organize Course Materials
Enhance your comprehension by organizing and reviewing your course materials, which will help you consolidate your knowledge and identify areas for improvement.
Show steps
  • Gather all course notes, assignments, quizzes, and exams.
  • Review and summarize key concepts covered in each module.
  • Identify any gaps in your understanding and seek clarification from the instructor or classmates.
  • Create a study guide or flashcards for easier recall of important information.

Career center

Learners who complete Entrepreneurship will develop knowledge and skills that may be useful to these careers:
Entrepreneur
This course will help you develop the skills and knowledge you need to start your own business. You will learn about the entrepreneurial mindset, how to identify and evaluate opportunities, how to create a business plan, and how to finance your startup. This course may also be helpful for those who want to work in the venture capital or private equity industries.
Product Manager
This course will help you develop the skills and knowledge you need to manage a product. You will learn about product development, market research, and user experience. This course may also be helpful for those who want to work in the marketing or sales industries.
Business Development Manager
This course will help you develop the skills and knowledge you need to build relationships with customers and partners. You will learn about lead generation, customer relationship management, and sales. This course may also be helpful for those who want to work in the consulting or banking industries.
Consultant
This course will help you develop the skills and knowledge you need to provide advice to clients on business strategy and operations. You will learn about business analysis, financial modeling, and project management. This course may also be helpful for those who want to work in the consulting or banking industries.
Investment Banker
This course will help you develop the skills and knowledge you need to advise clients on mergers and acquisitions, capital raising, and other financial transactions. You will learn about financial analysis, valuation, and capital markets. This course may also be helpful for those who want to work in the private equity or venture capital industries.
Financial Analyst
This course will help you develop the skills and knowledge you need to analyze financial data and make investment recommendations. You will learn about financial statement analysis, valuation, and portfolio management. This course may also be helpful for those who want to work in the investment management or banking industries.
Marketing Manager
This course will help you develop the skills and knowledge you need to develop and execute marketing campaigns. You will learn about market research, advertising, and social media marketing. This course may also be helpful for those who want to work in the marketing or sales industries.
Sales Manager
This course will help you develop the skills and knowledge you need to lead a sales team. You will learn about sales strategy, customer relationship management, and negotiation. This course may also be helpful for those who want to work in the sales or consulting industries.
Operations Manager
This course will help you develop the skills and knowledge you need to manage a team and execute projects. You will learn about project management, supply chain management, and quality control. This course may also be helpful for those who want to work in the manufacturing or consulting industries.
Human Resources Manager
This course will help you develop the skills and knowledge you need to manage a team and execute projects. You will learn about project management, supply chain management, and quality control. This course may also be helpful for those who want to work in the manufacturing or consulting industries.
Software Engineer
This course will help you develop the skills and knowledge you need to design, develop, and maintain software applications. You will learn about software engineering principles, programming languages, and software development tools. This course may also be helpful for those who want to work in the technology industry.
Data Scientist
This course will help you develop the skills and knowledge you need to collect, analyze, and interpret data. You will learn about data mining, machine learning, and statistical modeling. This course may also be helpful for those who want to work in the technology or finance industries.
Web Developer
This course will help you develop the skills and knowledge you need to design and develop websites. You will learn about HTML, CSS, JavaScript, and web development tools. This course may also be helpful for those who want to work in the technology industry.
Graphic Designer
This course will help you develop the skills and knowledge you need to create visual content. You will learn about graphic design principles, software, and design tools. This course may also be helpful for those who want to work in the marketing or advertising industries.
Writer
This course will help you develop the skills and knowledge you need to write effectively. You will learn about writing principles, grammar, and style. This course may also be helpful for those who want to work in the marketing, journalism, or public relations industries.

Reading list

We've selected 16 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 Entrepreneurship.
This comprehensive guide provides a step-by-step roadmap for building a successful startup, covering aspects such as customer development, product development, and fundraising.
Provides a structured approach to designing and refining a business model, which will guide learners through the process of creating a solid foundation for their startup.
Provides a practical framework for designing and delivering products and services that meet the needs and create value for customers, complementing the course's emphasis on customer validation and市場調研 analysis.
Presents a framework for developing and validating new products and services using lean methodologies, which will prepare learners for the challenges they will face during the launch of their new product or service.
Explores the concept of disruptive innovation, which challenges the traditional view of innovation and provides valuable insights for entrepreneurs seeking to create truly transformative products and services.
Provides practical strategies and tactics for acquiring customers, which will be especially valuable for learners in the early stages of developing their startup.
Identifies and describes the key skills and attributes of successful innovators, providing insights into the mindset and behaviors that drive innovation and entrepreneurial success.
Draws on the experience of Pixar Animation Studios to explore the principles of fostering creativity and innovation within organizations, providing valuable lessons for entrepreneurs seeking to create a culture of innovation.
Introduces the Scrum framework for agile software development, providing practical guidance on how to implement Scrum in startups and other organizations, improving productivity and efficiency.
Addresses the challenges of transitioning from early adopters to mainstream customers, providing insights into marketing and sales strategies for different market segments.
Emphasizes the importance of innovation and originality in building successful businesses, which complements the course's focus on identifying and leveraging opportunities.
Provides a clear and concise framework for developing effective strategies, which will be beneficial for learners as they develop their business plans and strategies for growth.
Examines the factors that contribute to exceptional success, providing insights into the characteristics and environments that foster innovation and entrepreneurship.
This classic work on strategy and tactics offers valuable insights for entrepreneurs facing competition and uncertainty.

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