How to test and validate your entrepreneurial ideas

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Intermediate

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Free

Last updated on March 14, 2025 2:30 am

How do you know if you have a good concept for a new business? This course will show you tried and tested ways of seeing if your idea will be a success or not.

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Do you know how you conceive and develop a prototype, which are the two foundational stages in setting up an entrepreneurial firm? This course will show you how to determine if your ideas can be made into successful services or products. Learn about disruption as a success driver, which has to do with how entrepreneurs challenge established products and business models to create a new environment through novel products or services.

What You Will Learn In This Free Course

  • Explain the meaning of empathization…
  • Discuss ideation and prototyping…
  • Understand how to use a thematic gri…
  • Identify the importance of testing a…
  • Explain the meaning of empathization in entrepreneurship
  • Discuss ideation and prototyping
  • Understand how to use a thematic grid
  • Identify the importance of testing and validation in an entrepreneurial firm?s journey
  • Define ‘value addition’
  • Clarify the differences between testing and validation
  • Identify the three types of products
  • Define ‘bootstrapping’
  • Understand the four steps of graded testing
  • Ideation and Prototyping

    This module outlines the importance and methodology of developing ideas and prototypes to establish workable propositions. Also, you will learn how to ideate and how to develop a prototype, which is the two foundation stages in setting up an entrepreneurial firm.

    Testing, Validation and Commercialization

    This module covers the concepts of Minimum Viable Product and Ultimate Desirable Product. It also focuses on thematic criticality which outlines how the entrepreneurial idea will actually take shape in the real marketplace. You will learn about how Entrepreneurial firms or Start-up firms impinge on the market place.

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      How to test and validate your entrepreneurial ideas
      How to test and validate your entrepreneurial ideas
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