Advanced Certificate in Entrepreneurship - Scale-Up Module 1: Lean Approach to Entrepreneurship (Synchronous E-Learning)
About This Course
Moving from ideation to execution is a challenging journey filled with critical decisions – from building a capable team to choosing the right business model and securing funding. Led by entrepreneurs with proven success, this programme offers proven strategies for scaling your business and equips you with the essential mix of skills to enhance your startup's success potential.
The lean approach to entrepreneurship is a methodology that encourages entrepreneurs to experiment with less-than-perfect products and use validated learning to improve rapidly. This approach helps company builders choose viable opportunities, stay focused, and align the entire organisation. With the hands-on workshop on using lean methodologies, this module is designed to enable founders and business owners to create a financially stable business and addresses the misconception that a good idea alone ensures success, emphasising the importance of execution and alignment with market needs. By the end of the module, participants will learn how to identify business opportunities that match their unique vision and capabilities, and how to determine what constitutes a minimum viable product (MVP), to streamline the path to market entry while ensuring the core business idea is both feasible and sustainable.
What You'll Learn
• Gain insights into the principles of financial stability within a lean business framework
• Understand why the inherent quality of a business idea does not guarantee success, and what factors do
• Learn to identify and evaluate opportunities that are compatible with their strengths and business objectives
• Discover the process of defining and creating a minimum viable product to test and validate business concepts with minimal resources
Entry Requirements
Nil