Capstone - Launch Your Own Business!

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Michigan State University

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The goal of this assignment is to demonstrate your ability to apply all of the lessons you have completed by putting them to work and launching your own business in some form or fashion. This assignment is the sole assignment of this capstone course, and thus the last requirement for your certificate for this specialization. The primary goal though is for you to no longer be in the wishing stage, the thinking stage, or the taking classes stage, but to be in the 'have started something stage'. As stated above you will create a business. Specifically: • you will create and document a legal entity; • you will create a digital presence for that legal entity; • you will establish key operational plans (strategy statement, accounting ledgers, production and delivery schedules, and marketing plan); and • you will produce one of three tangible outcomes (sales, traffic to an e-commerce site, or feedback to business pitch). A successful assignment will illustrate your competence in the business startup fundamentals, but most importantly it will illustrate to yourself, beyond a shadow of a doubt that YOU CAN DO THIS!

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It is a cliché, but nevertheless very true. Experience is the best teacher. It is also the best confidence builder. It is time for you to take action! The concepts and skills presented throughout the courses in the specialization are applied in this capstone course where you will launch an actual business. It will not be a business concept described on paper, but a functional business with legal status in your particular governmental jurisdiction, developed within your available resources whatever they are, and challenged to generate revenue. One of the greatest benefits of this specialization is the business development environment provided by the population of learners. At the point of the capstone course your thousands of fellow learners become consultants capable of refining and adding value to your business concept, they may also be potential customers or at the very least allow you to observe the likely reactions from potential customers. With the experience of launching this startup, and the execution capabilities and confidence gain from that experience it is our desire that you repeat the process and launch another startup or a bigger version of this startup. Hopefully going on to launch another, and another, and another, evoking another cliché, 'practice will make perfect'.

Capstone-开展您自己的业务!:这是陈词滥调,但仍然非常真实。经验是最好的老师。它也是最好的信心构建者。现在是时候采取行动了!在本专业的基础课程中将应用本专业课程中介绍的概念和技能,在这里您将开展实际业务。 这不是书面上描述的业务概念,而是在您的特定政府辖区中具有法律地位,在您可用的资源范围内开发的功能性业务,并面临创收挑战。 这种专业化的最大好处之一是由大量学习者提供的业务开发环境。在完成本阶段的课程时,您成千上万的学习者将成为能够完善您的业务概念并为其增值的顾问,他们也可能是潜在客户,或者至少让您观察到潜在客户的可能反应。 拥有启动该启动程序的经验,以及从该经验中获得的执行能力和信心,我们希望您重复该过程并启动另一个启动程序或该启动程序的较大版本。希望继续推出另一个,另一个和另一个陈词滥调,“实践将变得完美”。

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