Opportunity Evaluation
Opportunities do not appear from a vacuum. They require shaping and evaluation to determine whether they should be pursued or not. In this course, you will learn how to evaluate the strength of entrepreneurial ideas and identify which ones have the potential for success. You'll assess business opportunities based on customer needs, product feasibility, competition, and market demand.
Gain the skills to objectively evaluate your business ideas, identify potential risks, and refine your approach. You'll explore critical factors such as customer behavior, the competitive landscape, and the key success factors (KSFs) that influence customer experience. Learn how to reduce risks early on through low-cost validation and iterative learning, ensuring that your opportunities are worth pursuing.
By the end of the course, you'll have a comprehensive toolkit for assessing entrepreneurial ideas, making informed decisions, and positioning your venture for long-term success. Whether evaluating new opportunities or refining existing ones, this course equips you with the methods and frameworks needed to navigate the complexities of opportunity evaluation and bring viable ideas to life.
- Assess the viability of entrepreneurial ideas by analyzing market demand, competition, and product feasibility
- Learn to identify and mitigate key risks, including market, technical, operational, and financial challenges
- Understand how to define and test core customer needs to refine your business opportunity
- Develop strategies to effectively compete by identifying Key Success Factors (KSFs) that influence customer experience
- Gain the skills to continuously evaluate and adapt your business idea for long-term growth and success
- Aspiring entrepreneurs with a new venture entrepreneurship idea
- Entrepreneurs who want to take their business to the next level
- Executives looking to grow their entrepreneurial mindset to innovate in their current role
- Professionals looking to expand their skill set across industries and functionalities
- Recognition and Credentialing: A digital badge that serves as verifiable proof of learning and achievement, which can be displayed on platforms such as LinkedIn and included on your resume and portfolio
- Course Content and Learning Outcomes: You gain industry-relevant knowledge, practical skills, and frameworks designed for professionals seeking career advancement or specialization
- Flexibility: Our self-paced digital courses allow flexibility for busy executives and professionals
- Expert Instruction: Experienced faculty, industry leaders, and professionals with real-world expertise teach our courses
- Networking Opportunities: You gain access to a network of peers, alumni, and industry professionals.
- Assessments and Engagement: To earn a credential for completing this course, you must complete assignments, quizzes, case studies, and/or interactive projects
Upon completion of this course you will earn a digital badge.
What you need to know
Course Structure
Costs & Program Discounts
Course Leaders

Andrew Zacharakis
John H. Muller, Jr. Professor of Entrepreneurial Studies
Professor Andrew (Zach) Zacharakis is the director of the Babson College Entrepreneurship Research Conference and the former president of the Entrepreneurship Division of the Academy of Management. He is the author of five books, and his work has been published in numerous academic journals. Prior to his work at Babson, he held investment banking/venture capital positions with The Cambridge Companies, a Los Angeles firm that invested in retail concepts and movie partnerships. Today, Zacharakis is an active angel investor in seed stage deals.