Critical Thinking, Innovation, Research And Development, Commercialization

Bootstrapping for Entrepreneurs

Not every entrepreneur has the resources to grow a venture. In fact, most don’t. But growth in resource scarcity is possible – and can even be advantageous. The goal of this course is to show you how!

About this course

Entrepreneurship is the pursuit of goals beyond available resources. This definition highlights a common challenge faced by entrepreneurs. This challenge is the lack of resources to pursue and grow one’s idea.

Estimated 2 weeks

3-4 hours per week

Self_paced

Introductory

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Is this familiar to you?

In this course you will learn about the process – and importance – of innovating in resource-scarce environments, because this is where innovation often happens.

Here’s the main point: resource scarcity is not an unsurmountable barrier, but a solvable problem. There are effective bootstrapping tactics and strategies that you can learn and apply for the benefit of your venture and personal growth.

This course accompanies the existing MITx courses “You Can Innovate: User Innovation and Entrepreneurship” and “Product and Service Creation in the Internet Age.” As such, the curriculum of this course is based on the field of user innovation, pioneered by Professor Eric von Hippel at MIT.

Ultimately, the goal of the course is to inspire you in a very practical way. We want you to know that you too can be the entrepreneur of your dreams.

Image source: https://commons.wikimedia.org/wiki/File:Fishing_with_cast-net_from_a_boat_near_Kozhikode_Beach.jpg

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What you’ll learn

  • Bootstrapping strategies and tactics
  • How to harness innovation communities for entrepreneurial problem discovery and problem solving
  • How to apply innovation toolkits in product innovation and development
  •  Institution: MITx
  • Subject: Business & Management
  • Level: Introductory
  • Prerequisites: None
  •  Langauge: English
  • Video Transcript: English

About the instructors

Eric von Hippel

Professor of Management of Innovation and Engineering Systems at MIT Sloan School of Management

About the instructors

Erdin Beshimov

Lecturer, MIT and Director of the MIT Bootcamps Program at Massachusetts Institute of Technology

Who can take this course?

Unfortunately, learners residing in one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine.

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 While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations. edX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.

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Ways to take this course

Choose your path when you enroll 

Price

Verified Track

    $49 usd

Access to course materials

Unlimited

World Class institution and universities

edx suppport

Shareable certificate upon completion

Graded assignments and exams

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