Course Highlights
  • Demonstrate your industry knowledge.
  • Describe the general characteristics of your industry.
  • Evaluate your competition's strengths and weaknesses.
  • Identify potential suppliers to meet your business needs.
  • Understand channels of distribution and target markets.
Curriculum

6 Topics
Introduction: Who we are
Entrepreneurs discuss knowing your industry
Gaining Industry Knowledge
Internet Resources
Google Searches
Example: Central Coast Disposal

5 Topics
The importance of knowing your industry
Terms to know
Industry Characteristics
Research Questions
Industry Characteristics Evaluation

6 Topics
David Neeleman: Founder JetBlue & Azul Airlines
Don't ignore your competition
David Neeleman: Understanding the Competition 1
David Neeleman: Understanding the Competition 2
Your Top Five Competitors
Competitive Rivalry Evaluation

2 Topics
Inputs and Suppliers Exercise
Influence of Suppliers Evaluation

4 Topics
Strategies for knowing our industry
Nature of Customers
Nature of Customers Exercise
Nature of Customers Evaluation

4 Topics
What are substitute products?
Substitute Products Exercise
Substitute Products Evaluation
Conclusion

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Mastering Your Industry: Competitors, Products, & Suppliers

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