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Back to Planning: Principled, Proposing, Proofing, and Practicing to a Success Plan

Learner Reviews & Feedback for Planning: Principled, Proposing, Proofing, and Practicing to a Success Plan by Michigan State University

4.5
stars
172 ratings

About the Course

According to Steven Blank a business startup, or any new venture startup is essentially a proto-type. Thus the startup process essentially becomes a learning process to refine that business proto-type into a scalable, replicable finished 'product'. At the end of this course learners will be able to: -complete a business model summarizing assumptions about what value they will offer to whom, and how they will make money. - systematically test and validate these assumptions within the constraints of their available resources, and - use these validated assumptions to generate financial projections that are based on actual resources and efforts expended. The days of the 40 page business plan have certainly passed, but the role of planning in the business creation process is one of extreme importance. In this course we will explore the important components that you need to explore in detail prior to business creation. Action without planning is a recipe for disaster and we will make sure you have a rock solid foundation for future actions. The planning here is focused on learning. It is unrealistic for anyone to document in detail all of the actions they should take to make a new venture or activity successful when they (and often no one else) has any experience with the new venture and the conditions which it is likely to face. Thus the business plan based largely on assumptions and aggregate, non-applicable data is replaced with the business model which organizes the key assumptions determining what value the business will offer to whom, and how it will make money. The course will guide learners through the process of systematically testing and validating these assumptions, and obtaining specific, applicable data. It will then show learners how to use these validated assumptions to generate pro-forma financial statements directly tied to actions and resources based on this business model....

Top reviews

SR

Aug 6, 2017

I am already through week 1 and I feel alot of things they have given as input has helped me to reiterate my launch plan again. I am glad I took the time out to go through this course.

MA

Oct 29, 2020

It very a good course for a beginner startup like me to understand the nature of business. I give 5star.

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26 - 39 of 39 Reviews for Planning: Principled, Proposing, Proofing, and Practicing to a Success Plan

By Ismael A G S

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May 23, 2022

OK

By Leonardo E S P

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May 19, 2021

ok

By César A G B

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Nov 21, 2021

.

By diego s l

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Jun 3, 2021

kind of difficult

By Luz M V C

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Jun 18, 2021

Its too long

By andy t

•

Nov 11, 2016

THANK YOU!

By violet o

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Mar 25, 2021

awesome

By Michael O

•

Jul 7, 2016

Better than previous but still not good quility

By Brader S M C

•

Nov 8, 2022

Bueno

By Ravish K

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Feb 5, 2021

The speakers are not clear about what they are talking about. There is a difference between what they say and what is on slides. Plus a statement that Bill Gates was prototyping an Apple computer shows how ill-informed are the speakers.

By Vladislav K

•

Jul 29, 2022

- Poor video and sound quality

- Boring context

- Alot of unclear assigments

- Dozens of grading criterias

- Slow peer reviews, I am on the 3/6 courese still haven't receive grades for 2/6 course

By Danilo C

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Jul 23, 2018

Some videos were of terrible quality.

The course was much less than I expected.

By Sandra Q

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Aug 10, 2023

I am so disappointed of this certification, on the first 2 courses of the certification, everything was going well, although I noticed that the peers that they were doing the certification weren’t actually doing the activities. On the third course of the certification, I realized that there were problems with the material. Each quiz that only allow you to pass to the following stage if you answered 80% correctly had questions about information, that would be seen on the following week or session.

I expressed my concern to coursera support system and they advised to post the situation in the discussion forum, so the team in charge of the course will give me at least a feedback. Coursera support exhorted themselves to give me the best support, but the staff responsible for the course hasn’t replied my post that I posted 23 days ago. I decided not to continue with the certification, because of this reason and stop paying my subscription.

By Yordan Y C A

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Jun 10, 2024

1. Hay varias fallas en las respuestas para completar. Además, no se puede completar en otro idioma que no sea inglés. Lo que complica responder y adivinar el término exacto de la respuesta. 2. Los audios no están bien grabados. 3. Materiales de lectura no traducidas a otros idiomas.