Enroll Course: https://www.udemy.com/course/on-line-business-models-in-excel-practical-guide/
Are you a startup founder or a small business owner struggling to translate your brilliant idea into a concrete, actionable business model? Do you find yourself poring over books like ‘Lean Analytics’ or ‘Running Lean’ but getting lost in the practical application? If so, the ‘Online Business Models in Excel – Practical Guide’ course on Udemy might be exactly what you need.
This course, born from the creators’ experience working with startups in their accelerator, StartupAkademia, directly addresses the common pain point of applying theoretical business methodologies in practice. It acknowledges that many entrepreneurs have a clear vision but lack the understanding of different business models and how to quantify them. The core premise is that a well-structured Excel model is crucial for evaluating your business, forecasting cash needs, and understanding how your hypotheses and key performance indicators (KPIs) translate into real-world business outcomes.
The course promises a practical, step-by-step approach with minimal theory and a heavy emphasis on real-world examples, tips from experienced professionals, and actionable insights. It aims to equip learners with the ability to:
* Clearly define their business model and identify crucial focus areas and KPIs.
* Translate these concepts into a functional Excel model for business evaluation.
* Derive meaningful conclusions from their Excel-based business models.
The curriculum is thoughtfully structured around popular online business models:
* **E-commerce:** Delving into the diverse world of online retail, highlighting similarities, differences, critical KPIs, and building an Excel model for evaluation.
* **2-Sided Marketplaces:** Exploring the growth potential of platforms connecting buyers and sellers, examining key metrics, and constructing an Excel model.
* **Media Sites:** A look at the relatively simple yet effective media site model, focusing on essential KPIs and Excel modeling.
* **SaaS (Software as a Service):** An in-depth analysis of subscription-based software businesses, including KPIs and Excel model creation.
The creators also plan to expand the course with additional models like mobile applications and user-generated content, with the price reflecting the added value. Students will benefit from downloadable resources, including the Excel models used in lectures, recommended reading lists, and presentations.
Ultimately, this course empowers you to pick the right business model, understand what truly matters, identify the right KPIs and benchmarks, and confidently build an Excel model to guide your business decisions. If you’re ready to move beyond theory and build a solid, quantifiable foundation for your online venture, this Udemy course is a highly recommended practical guide.
Enroll Course: https://www.udemy.com/course/on-line-business-models-in-excel-practical-guide/