Full course description
Having an entrepreneurial spirit and a good idea is a great foundation to starting your own business. But you may need a bit more to succeed. This course explores the different aspects of entrepreneurship and how entrepreneurs create and establish successful new ventures. It reviews issues and activities involved in starting a new business, including the decisions that must be made before an enterprise can be launched and established.
- Badge and credit-awarding
- Real-world case studies
- Fully accessible
- Games & Flashcards
- Video content
Estimated time to complete: 5 hours
This course includes an “Ask the Expert” feature. You can use this feature to submit questions about the course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.
After completing this course, you will be able to:
- Describe the characteristics of a successful entrepreneur
- Outline the eight stages of the entrepreneurial process
- Explain the discovery stage
- Describe the evaluation of the market for a new venture
- Outline ways to structure the venture
- Discuss the strategic planning process for an entrepreneur
- Describe the operational and financial planning needed for a new venture
- Outline how an entrepreneur develops and employs a business plan
- Describe the options for funding the new venture
- Discuss issues in implementing the plans for a new venture
- Recognize the ethical issues faced by entrepreneurs
Tze-Yiu Yong has over 25 years of professional experience as an engineer, manager and project manager in the areas of high tech, healthcare, machine learning and academia. He has managed projects in all functions of the organization including R&D, operations, IT and marketing, and he currently works as a project manager at Oregon State University. Here he drives programs related to student recruitment and retention, online learning, and student success analytics. Passionate about raising the awareness of the necessity of project managers, he also currently serves as the Vice President of Marketing for a regional chapter of the Project Management Institute in Oregon where he calls home.