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Business Entrepreneurship by CrashCourse

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3h20m

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CrashCourse

Tons of awesome courses in one awesome channel! Nicole Sweeney teaches you sociology, Carrie Anne Philbin teaches you computer science, Craig Benzine teaches film history, and Mike Rugnetta is teaching mythology!

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Course content

  • Crash Course Business: Entrepreneurship Preview

    Next week we start our series on Entrepreneurship with Anna Akana at the helm! We'll be talking about what Entrepreneurs are, what you need to be one, the pitfalls of running your own business, as well as the real benefits! Plus we get to hear Anna say "Entrepreneur" maybe a thousand times.

    So, join us next week for Crash Course Business: Entrepreneurship. Sponsored by Google.

    Check out Anna's amazing channel: https://www.youtube.com/annaakana
    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Timothy J Kwist, Brian Thomas Gossett, Haxiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Bob Doye, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Indika Siriwardena, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Jus

  • Who Even Is An Entrepreneur?: Crash Course Business - Entrepreneurship #1

    You've probably heard the word "Entrepreneur" thrown around a lot in business. It conjures images of Elon Musk, Bill Gates, or Oprah Winfrey. But, it goes way beyond that. In this episode of Crash Course Business: Entrepreneurship, Anna helps us to figure out who Entrepreneurs are, and what that title actually means.


    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Timothy J Kwist, Brian Thomas Gossett, Haxiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Bob Doye, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Indika Siriwardena, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Er

  • How to Develop a Business Idea: Crash Course Business - Entrepreneurship #2

    So, where do ideas come from? And what do you do with them once you have them? In this episode of Crash Course Entrepreneurship, Anna helps to answer these questions (and more) as we figure out what we need to do to launch our business.

    ***

    Sources:
    Business Model Canvas: https://www.strategyzer.com/canvas/business-model-canvas
    https://sloanreview.mit.edu/article/the-five-stages-of-successful-innovation/
    https://www.smithsonianmag.com/innovation/where-do-new-ideas-come-from-180965202/
    https://www.blackstonelaunchpad.org/
    https://www.brainpickings.org/
    https://complexly.com/
    https://www.youtube.com/watch?v=sEENIZgscDw
    https://www.1millioncups.com/present
    https://www.blackstonelaunchpad.org/
    https://www.ceo.com/leadership/16-founder-stories-behind-famous-companies

    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for

  • Value Proposition and Customer Segments: Crash Course Business - Entrepreneurship #3

    Value is the core of any business, and it directs all future decisions, innovations, and customers that get targeted. Even if we’ve thought about the big picture, if we can’t explain how an idea makes someone’s life better, then why should anyone pay attention? In this episode of Entrepreneurship, Anna helps us ask the questions: "What value do I deliver?" and "Who are my customers?"

    ***
    Sources:
    Value Proposition Canvas: https://www.strategyzer.com/canvas/value-proposition-canvas
    https://blog.hubspot.com/marketing/write-value-proposition
    https://www.wordstream.com/blog/ws/2016/04/27/value-proposition-examples
    https://www.huffingtonpost.ca/2012/03/28/picnic-pants_n_1386436.html
    https://www.entrepreneur.com/article/297708
    https://www.tonyrobbins.com/career-business/what-disruption-really-means/
    https://hbr.org/2016/09/know-your-customers-jobs-to-be-done
    https://vimeo.com/126563324
    https://www.cbsnews.com/news/products-no-one-wants-to-buy/
    https://qz.com/1107632/stitch-fix-ipo-the-clot

  • What Can You Learn from Your Competition?: Crash Course Business Entrepreneurship #4

    We’re used to competitions with clear winners and losers: baseball games, math olympiads, pie-eating contests, and games involving thrones. We crown a victor and everyone else goes home empty-handed!

    In business, though, there isn’t just one winner. So as entrepreneurs, we have to take stock in the middle of the competition, and ask the question: “how competitive am I?”


    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Timothy J Kwist, Brian Thomas Gossett, Haxiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Bob Doye, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Indika Siriwardena, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled

  • Legal Basics and Business Entity Formation: Crash Course Business Entrepreneurship #5

    It can be daunting to move from the abstract idea stage to the realm of bank accounts, taxes, and liability. Sometimes, it can feel like you’re making arbitrary decisions, but we’re going to wade through the legalese together. Things are about to get legit.

    Click here for the chart!
    https://www.patreon.com/posts/crash-course-29734204?utm_medium=post_notification_email&utm_source=post_link&utm_campaign=patron_engagement
    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica

  • Minimum Viable Product and Pivoting: Crash Course Business Entrepreneurship #6

    Imagine if the only videos on YouTube were people looking for love. That could have been the world we lived in! Before it had 1.9 billion users per day, YouTube started as a video-based dating service, complete with the truly excellent catchphrase: “Tune in, Hook Up.”

    The reason they didn’t flop is because they were willing to listen and fundamentally change their business when their original idea didn’t meet the needs of their market. They were clever observers and nimble enough to pivot.

    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F

  • Testing Your Product and Getting Feedback: Crash Course Business Entrepreneurship #7

    To figure out if an idea is as good as we think it is, we have to talk to our customers. We’ve said it over and over again. We have to ask them what they like, dislike, want, or need, and we want honest feedback about our product or service. But… how?


    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Yasenia Cruz, Eric Koslow, Caleb Weeks, Tim Curwick, David Noe, Shawn Arnold, Andrei Krishk

  • The Core of a Business - Key Activities & Resources: Crash Course Business Entrepreneurship #8

    When someone says they’re “studying business” or they “work in business,” they could mean so many different things. They could be in marketing, sales, finance or human resources. So much goes into keeping a company running smoothly.


    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Eric Koslow, Caleb Weeks, Tim Curwick, David Noe, Shawn Arnold, William McGraw, And

  • How to Seek Help and Find Key Partners: Crash Course Entrepreneurship #9

    Entrepreneurs do have to wear a lot of hats, but we need to understand where we fall short and where other people or products could help get the job done. We can’t be an expert in everything or have time to do everything. But some people or some software can help! It’s time to figure out where we could use some help and find our people.



    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam

  • How to Build Customer Relationships: Crash Course Entrepreneurship #10

    Like any committed relationship, the relationship between a business and its customers needs nurturing. And that shouldn’t come as a surprise! We need customers to run a successful business, and naturally they’re going to have certain expectations. So we want to make sure we deliver on those expectations and develop those relationships as our business develops.

    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Sha

  • How to Communicate with Customers: Crash Course Entrepreneurship #11

    No business, no matter how innovative and amazing it is, will survive if people haven’t heard of it. If people don’t know something exists, they’ll never be able to purchase it. It’s time to work on our communication skills.


    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Eric Koslow, Caleb Weeks, Tim Curwick, David Noe, Shawn Arnold, William McGraw, Andrei Kris

  • How to Sell Anything: Crash Course Entrepreneurship #12

    It can be hard to strike the right tone or know what’s going to appeal to someone, but there are tricks. We can craft a narrative and use well-placed emotional appeals to tell customers a story.

    Even if you don’t consider yourself a persuasive person, you don’t need a +5 charisma modifier to succeed at this crucial stage of entrepreneurship.


    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley

  • Revenue Streams: Crash Course Entrepreneurship #13

    Profit, revenue, income, assets, cash flow -- all these words mean money, but they all have specific uses. In business, money is important to us and we want to describe it as accurately as possible.

    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Eric Koslow, Tim Curwick, David Noe, Shawn Arnold, William McGraw, Andrei Krishkevich, Rachel Bright, Jirat, Ian Dund

  • Expenses & Costs - How to Spend Money Wisely: Crash Course Entrepreneurship #14

    So we’ve learned a lot of strategies to fight off failure. But we could be doing all this right and still fail if we straight-up run out of money.

    Expenses can pop-up, supplies can suddenly be hard to find, or delivering the most value to customers can involve some expensive choices. Businesses can run out of money -- it happens. But it doesn’t have to happen to us.

    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khale

  • Understanding Financial Statements and Accounting: Crash Course Entrepreneurship #15

    Honestly, “spreadsheets” are kind of the vegetables of the business world -- the very idea of them makes some people queasy. But that’s ok! They can be intimidating, but they’re not impossible to understand. Today we’re going to learn to love ‘em, because basic accounting can make or break a business. If we lose track of expenses or overestimate a revenue stream, we might end up questioning where all the money has gone.

    Software Advice: https://blog.hubspot.com/sales/small-business-accounting-software

    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey

  • Financing Options for Small Businesses: Crash Course Entrepreneurship #16

    This episode is near the end of this series, but entrepreneurship isn’t a linear journey. You might need funding to accomplish any of the steps to build a business, not just when you’re ready to take a product or service to market.

    Some people look for money for their minimum viable product. Some market their product or service once everything is set up. And if you believe Silicon Valley legends, a few people get funding with just an idea. But where should we look?


    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Efrain R. Pedroza, Matthew Curls, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttin

  • Is Growth Right For You?: Crash Course Entrepreneurship #17

    In business, growth basically means making a company more successful in some way: finding a new revenue stream, revamping the cost structure to minimize expenses and increase profit, or adding new people and knowledge to the team.

    Our options for growth are usually tied to the type of business model we started with. There actually is a difference between a startup and a small business.

    ***

    Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

    Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

    Eric Prestemon, Sam Buck, Mark Brouwer, Efrain R. Pedroza, Matthew Curls, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval,

Course content

0h02m

Crash Course Business: Entrepreneurship Preview

Next week we start our series on Entrepreneurship with Anna Akana at the helm! We'll be talking about what Entrepreneurs are, what you need to be one, the pitfalls of running your own business, as well as the real benefits! Plus we get to hear Anna say "Entrepreneur" maybe a thousand times.

So, join us next week for Crash Course Business: Entrepreneurship. Sponsored by Google.

Check out Anna's amazing channel: https://www.youtube.com/annaakana
***

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Timothy J Kwist, Brian Thomas Gossett, Haxiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Bob Doye, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Indika Siriwardena, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Jus

0h13m

Who Even Is An Entrepreneur?: Crash Course Business - Entrepreneurship #1

You've probably heard the word "Entrepreneur" thrown around a lot in business. It conjures images of Elon Musk, Bill Gates, or Oprah Winfrey. But, it goes way beyond that. In this episode of Crash Course Business: Entrepreneurship, Anna helps us to figure out who Entrepreneurs are, and what that title actually means.


***

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Timothy J Kwist, Brian Thomas Gossett, Haxiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Bob Doye, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Indika Siriwardena, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Er

0h12m

How to Develop a Business Idea: Crash Course Business - Entrepreneurship #2

So, where do ideas come from? And what do you do with them once you have them? In this episode of Crash Course Entrepreneurship, Anna helps to answer these questions (and more) as we figure out what we need to do to launch our business.

***

Sources:
Business Model Canvas: https://www.strategyzer.com/canvas/business-model-canvas
https://sloanreview.mit.edu/article/the-five-stages-of-successful-innovation/
https://www.smithsonianmag.com/innovation/where-do-new-ideas-come-from-180965202/
https://www.blackstonelaunchpad.org/
https://www.brainpickings.org/
https://complexly.com/
https://www.youtube.com/watch?v=sEENIZgscDw
https://www.1millioncups.com/present
https://www.blackstonelaunchpad.org/
https://www.ceo.com/leadership/16-founder-stories-behind-famous-companies

***

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for

0h12m

Value Proposition and Customer Segments: Crash Course Business - Entrepreneurship #3

Value is the core of any business, and it directs all future decisions, innovations, and customers that get targeted. Even if we’ve thought about the big picture, if we can’t explain how an idea makes someone’s life better, then why should anyone pay attention? In this episode of Entrepreneurship, Anna helps us ask the questions: "What value do I deliver?" and "Who are my customers?"

***
Sources:
Value Proposition Canvas: https://www.strategyzer.com/canvas/value-proposition-canvas
https://blog.hubspot.com/marketing/write-value-proposition
https://www.wordstream.com/blog/ws/2016/04/27/value-proposition-examples
https://www.huffingtonpost.ca/2012/03/28/picnic-pants_n_1386436.html
https://www.entrepreneur.com/article/297708
https://www.tonyrobbins.com/career-business/what-disruption-really-means/
https://hbr.org/2016/09/know-your-customers-jobs-to-be-done
https://vimeo.com/126563324
https://www.cbsnews.com/news/products-no-one-wants-to-buy/
https://qz.com/1107632/stitch-fix-ipo-the-clot

0h12m

What Can You Learn from Your Competition?: Crash Course Business Entrepreneurship #4

We’re used to competitions with clear winners and losers: baseball games, math olympiads, pie-eating contests, and games involving thrones. We crown a victor and everyone else goes home empty-handed!

In business, though, there isn’t just one winner. So as entrepreneurs, we have to take stock in the middle of the competition, and ask the question: “how competitive am I?”


***

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Timothy J Kwist, Brian Thomas Gossett, Haxiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Bob Doye, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Indika Siriwardena, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled

0h14m

Legal Basics and Business Entity Formation: Crash Course Business Entrepreneurship #5

It can be daunting to move from the abstract idea stage to the realm of bank accounts, taxes, and liability. Sometimes, it can feel like you’re making arbitrary decisions, but we’re going to wade through the legalese together. Things are about to get legit.

Click here for the chart!
https://www.patreon.com/posts/crash-course-29734204?utm_medium=post_notification_email&utm_source=post_link&utm_campaign=patron_engagement
***

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica

0h11m

Minimum Viable Product and Pivoting: Crash Course Business Entrepreneurship #6

Imagine if the only videos on YouTube were people looking for love. That could have been the world we lived in! Before it had 1.9 billion users per day, YouTube started as a video-based dating service, complete with the truly excellent catchphrase: “Tune in, Hook Up.”

The reason they didn’t flop is because they were willing to listen and fundamentally change their business when their original idea didn’t meet the needs of their market. They were clever observers and nimble enough to pivot.

***

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F

0h12m

Testing Your Product and Getting Feedback: Crash Course Business Entrepreneurship #7

To figure out if an idea is as good as we think it is, we have to talk to our customers. We’ve said it over and over again. We have to ask them what they like, dislike, want, or need, and we want honest feedback about our product or service. But… how?


***

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Yasenia Cruz, Eric Koslow, Caleb Weeks, Tim Curwick, David Noe, Shawn Arnold, Andrei Krishk

0h10m

The Core of a Business - Key Activities & Resources: Crash Course Business Entrepreneurship #8

When someone says they’re “studying business” or they “work in business,” they could mean so many different things. They could be in marketing, sales, finance or human resources. So much goes into keeping a company running smoothly.


***

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Eric Koslow, Caleb Weeks, Tim Curwick, David Noe, Shawn Arnold, William McGraw, And

0h11m

How to Seek Help and Find Key Partners: Crash Course Entrepreneurship #9

Entrepreneurs do have to wear a lot of hats, but we need to understand where we fall short and where other people or products could help get the job done. We can’t be an expert in everything or have time to do everything. But some people or some software can help! It’s time to figure out where we could use some help and find our people.



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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam

0h10m

How to Build Customer Relationships: Crash Course Entrepreneurship #10

Like any committed relationship, the relationship between a business and its customers needs nurturing. And that shouldn’t come as a surprise! We need customers to run a successful business, and naturally they’re going to have certain expectations. So we want to make sure we deliver on those expectations and develop those relationships as our business develops.

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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Sha

0h10m

How to Communicate with Customers: Crash Course Entrepreneurship #11

No business, no matter how innovative and amazing it is, will survive if people haven’t heard of it. If people don’t know something exists, they’ll never be able to purchase it. It’s time to work on our communication skills.


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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Eric Koslow, Caleb Weeks, Tim Curwick, David Noe, Shawn Arnold, William McGraw, Andrei Kris

0h11m

How to Sell Anything: Crash Course Entrepreneurship #12

It can be hard to strike the right tone or know what’s going to appeal to someone, but there are tricks. We can craft a narrative and use well-placed emotional appeals to tell customers a story.

Even if you don’t consider yourself a persuasive person, you don’t need a +5 charisma modifier to succeed at this crucial stage of entrepreneurship.


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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley

0h10m

Revenue Streams: Crash Course Entrepreneurship #13

Profit, revenue, income, assets, cash flow -- all these words mean money, but they all have specific uses. In business, money is important to us and we want to describe it as accurately as possible.

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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Eric Koslow, Tim Curwick, David Noe, Shawn Arnold, William McGraw, Andrei Krishkevich, Rachel Bright, Jirat, Ian Dund

0h10m

Expenses & Costs - How to Spend Money Wisely: Crash Course Entrepreneurship #14

So we’ve learned a lot of strategies to fight off failure. But we could be doing all this right and still fail if we straight-up run out of money.

Expenses can pop-up, supplies can suddenly be hard to find, or delivering the most value to customers can involve some expensive choices. Businesses can run out of money -- it happens. But it doesn’t have to happen to us.

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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khale

0h12m

Understanding Financial Statements and Accounting: Crash Course Entrepreneurship #15

Honestly, “spreadsheets” are kind of the vegetables of the business world -- the very idea of them makes some people queasy. But that’s ok! They can be intimidating, but they’re not impossible to understand. Today we’re going to learn to love ‘em, because basic accounting can make or break a business. If we lose track of expenses or overestimate a revenue stream, we might end up questioning where all the money has gone.

Software Advice: https://blog.hubspot.com/sales/small-business-accounting-software

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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey

0h10m

Financing Options for Small Businesses: Crash Course Entrepreneurship #16

This episode is near the end of this series, but entrepreneurship isn’t a linear journey. You might need funding to accomplish any of the steps to build a business, not just when you’re ready to take a product or service to market.

Some people look for money for their minimum viable product. Some market their product or service once everything is set up. And if you believe Silicon Valley legends, a few people get funding with just an idea. But where should we look?


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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Efrain R. Pedroza, Matthew Curls, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttin

0h11m

Is Growth Right For You?: Crash Course Entrepreneurship #17

In business, growth basically means making a company more successful in some way: finding a new revenue stream, revamping the cost structure to minimize expenses and increase profit, or adding new people and knowledge to the team.

Our options for growth are usually tied to the type of business model we started with. There actually is a difference between a startup and a small business.

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Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Eric Prestemon, Sam Buck, Mark Brouwer, Efrain R. Pedroza, Matthew Curls, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval,