When you enroll in this course, you'll also be enrolled in this Specialization.
Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate
There are 6 modules in this course
This course, "Business Model & Product Pitch," equips you with the knowledge to develop and pitch a compelling business model. You will learn about various business models, pricing frameworks, cost analysis, and growth planning. Additionally, you will create a minimum viable product (MVP), explore financing pathways, and prepare an investor pitch to attract potential investors.
What's included
3 videos
Show info about module content
3 videos•Total 15 minutes
Introduction to Information Technology Entrepreneurship & Startup•8 minutes
Personal Introduction•4 minutes
Course Overview•4 minutes
Module 1: Business Model & Pricing
Module 2•3 hours to complete
Module details
In this module, you will explore various types of business models and learn how to identify the most suitable one for your startup. You will also develop a pricing framework, considering different pricing strategies and examples to ensure your product is competitively priced.
What's included
8 videos2 assignments
Show info about module content
8 videos•Total 46 minutes
Module 1 Overview•1 minute
Types of Business Models - Part 1•7 minutes
Types of Business Models - Part 2•7 minutes
Types of Business Models - Part 3•7 minutes
Types of Business Models - Part 4•7 minutes
Types of Business Models - Part 5•7 minutes
Pricing Example•4 minutes
Considerations for Pricing•6 minutes
2 assignments•Total 120 minutes
Graded Exam•60 minutes
Practice Exam•60 minutes
Module 2: Analyze Cost & Growth Plan
Module 3•3 hours to complete
Module details
This module focuses on understanding and analyzing the cost structures of your business. You will learn how to calculate customer lifetime value (CLTV) and customer acquisition cost (COCA), and explore strategies to reduce COCA. Additionally, you will chart a growth plan to ensure sustainable business expansion.
What's included
8 videos2 assignments
Show info about module content
8 videos•Total 36 minutes
Module 2 Overview•1 minute
Calculating CLTV•5 minutes
CLTV with NPV•7 minutes
Charting the Sales Process - Part 1•5 minutes
Charting the Sales Process - Part 2•4 minutes
Calculating COCA•8 minutes
Reducing COCA - Part 1•4 minutes
Reducing COCA - Part 2•3 minutes
2 assignments•Total 120 minutes
Graded Exam•60 minutes
Practice Exam•60 minutes
Module 3: MVP Development & Financing Pathways
Module 4•3 hours to complete
Module details
In this module, you will create a minimum viable product (MVP) and develop a comprehensive growth plan. You will also explore various financing pathways, including seed funding, angel investors, venture capital, and loans, while learning how to protect your intellectual property.
This module will guide you through the process of preparing and delivering an effective investor pitch. You will learn how to find and choose potential investors, create a compelling slide deck, and practice best practices for pitching to secure the necessary funding for your startup.
What's included
11 videos1 reading2 assignments
Show info about module content
11 videos•Total 58 minutes
Module 4 Overview•2 minutes
Finding Potential Investors•6 minutes
Choosing Investors•6 minutes
Preparation Best Practices•5 minutes
Contents of the Slide Deck•7 minutes
Example Slide Deck - Part 1•5 minutes
Example Slide Deck - Part 2•6 minutes
Example Slide Deck - Part 3•5 minutes
Example Slide Deck - Part 4•4 minutes
Course Recap•3 minutes
Specialization Recap•9 minutes
1 reading
Reference Books for Additional Reading•0 minutes
2 assignments•Total 120 minutes
Graded Exam•60 minutes
Practice Exam•60 minutes
Explore the Carlson School of Management's Management of Information Systems (MIS) Research Center
Module 6•10 minutes to complete
Module details
What's included
1 reading
Show info about module content
1 reading•Total 10 minutes
Carlson School of Management: Management of Information Systems (MIS) Research Center•10 minutes
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
The University of Minnesota is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation’s most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.
When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.