UNSW Sydney (The University of New South Wales)

How to Validate your Startup Idea

UNSW Sydney (The University of New South Wales)

How to Validate your Startup Idea

Allya Koesoema
Martin Bliemel

Instructors: Allya Koesoema

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24,559 already enrolled

Gain insight into a topic and learn the fundamentals.

150 reviews

1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
94%
Most learners liked this course
Gain insight into a topic and learn the fundamentals.

150 reviews

1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
94%
Most learners liked this course

See how employees at top companies are mastering in-demand skills

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There are 6 modules in this course

In this module, you will explore entrepreneurship as an iterative process of creating value, testing ideas, and learning through feedback. You will examine common myths about entrepreneurs and be introduced to two key tools: the lean method and the Business Model Canvas. These concepts will help you begin shaping and testing your own business idea.

What's included

2 videos4 readings1 assignment

This week, you'll learn to articulate and test your value proposition by drawing on three concepts: the strategy canvas, persona, and minimum viable product (MVP). The strategy canvas emphasizes the uniqueness of your value proposition. The 'persona' represents who you think your typical customer is, which is useful for identifying real customers. The MVP is a simple prototype, which is a key tool to get feedback from potential customers about the value you are providing them.

What's included

1 video4 readings

In this module, you will learn how startups grow beyond their first customers by identifying early adopters, targeting new niches, and exploring the role of partners in scaling a business. You will examine how customer segments differ, why many ventures struggle to cross into the mainstream market, and how partnerships can help accelerate growth. You will also consider what makes a partnership valuable and sustainable.

What's included

1 video2 readings1 assignment

This module introduces the financial side of your business model. You will learn how to build an income statement, develop simple financial forecasts, and use key metrics to assess whether your idea could become a viable business. The focus is not on perfect prediction, but on using numbers to question assumptions, evaluate profitability, and support better business decisions.

What's included

1 video3 readings

This module introduces the basics of financing startup growth. You will learn how entrepreneurs use bootstrapping, debt, and equity financing to support growth, how capitalization tables show ownership and dilution over time, and how investors think about value, risk, and return when deciding whether to invest.

What's included

1 video2 readings

This module brings together the evidence you have collected throughout the course to help you develop a clear and convincing business pitch. You will learn how to tailor your pitch to different audiences and contexts, structure a coherent story around traction, viability, realism, and the ask, and strengthen your delivery through practice and feedback.

What's included

2 videos5 readings1 assignment

Instructors

Instructor ratings
(25 ratings)
Allya Koesoema
UNSW Sydney (The University of New South Wales)
1 Course24,559 learners
Martin Bliemel
UNSW Sydney (The University of New South Wales)
1 Course24,559 learners

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