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8 Udemy Courses on How To Build a Machine Learning Startup

Posted on Monday, Sep 27th 2021

There are over six million students enrolled in Machine Learning courses on Udemy. The most daring will try to start their own businesses.

Here is a list of Udemy courses based on the 1Mby1M methodology that will assist budding entrepreneurs in creating a pragmatic strategy.

I believe, strongly, that entrepreneurship and entrepreneurial capitalism can be democratized, and wealth can be created in the middle of the pyramid using capitalistic principles. In the next 2-3 decades, the potential for distributed capitalism is very high and the outcome should be extremely positive around the world. That is the mission upon which my current work with One Million by One Million is based.

Artificial IntelligenceBig Data and Machine Learning are going to be at the forefront of this immense burst of energy.

Let’s talk about the field of medicine. If you think about what a doctor needs to do to diagnose an illness, she needs to consider all the symptoms, take into account all the test results, consider all the treatment options, factor in all the side-effects of various medications and their interplay with other medications the patient is already taking. 

This is, effectively, a multivariate optimization problem that a doctor has to do in her head. And, she needs to keep up with all the new research and advances in medical science, and factor those in as well. The field of medicine is full of incorrect diagnosis and mistreatment of illnesses. Now, if you replace this whole process with software, which IBM is trying to do with their Watson supercomputer, medical diagnosis becomes a truly scientific, deterministic process. 

I can tell you, if I have the option of being diagnosed by software versus a human doctor, I would always prefer software. It would be far more accurate.

In the One Million by One Million online curriculum, a long time ago, I decided to put in a line as a joke: “We’re working on a chip that can be implanted in your brain and it will transfer ALL the entrepreneurial knowledge from my brain to yours. However, this chip is not quite ready yet. So, in the meantime, please study the curriculum and learn the methodology of entrepreneurship that we have designed.”

Well, little did I know that this would cease to be a joke!

In fact, in the next decade or two, perhaps, this sort of implant will become the future of education.

Today, if you want to become a Computer Scientist, you go to university and get trained in Algorithms, Data Structures, Computer Architecture, Artificial Intelligence, etc. You learn a set of programming languages. You learn how to debug your code. You learn how to architect a system. So on and so forth.

Or, you can also take those courses from a MOOC like Udemy, EdX or Coursera, and take advantage of the possibilities offered by online learning.

To become a doctor, you go to Medical School.

To learn business, you go to Business School.

But in the world that we are resolutely marching towards, this may very well cease to be how education is imparted. Education may become a surgical implant, rather than something acquired through many years of rigorous toil.

Education, thus, may neutralize the advantages enjoyed today by high IQ individuals, and make it possible for everyone to be extraordinarily knowledgeable in his or her chosen field or fields.

With one custom, highly personalized implant, you could be speaking five languages, have mastery over the entire field of medicine (not just specialized disciplines like Endocrinology or Pediatrics), and be able to play concert level violin by the age of eighteen.

Yes, I am talking about a world where Man and Machine fuse to create Superman out of every individual.

That, I think, is where we are headed.

In the meantime, let’s build Artificial Intelligence, Machine Learning and Big Data Startups.

The field is both wide open and extremely crowded. Meaning, you’d need to do intense competitive analysis to understand where there is a gap in the market.

Also, domain knowledge is heavily prized in Artificial Intelligence, Machine Learning and Big Data Startups. 

You could be a technical founder with deep algorithmic knowledge, or you could be a non-technical founder with a deep understanding of the workflow of international container shipping. 

Both are valuable.

Let’s get started.

  1. Start by going through the case studies and sector overview. How To Build AI Startups with Sramana Mitra

Today, investors are only interested in AI businesses with idea validation, domain knowledge, data strategy, and unfair advantage. Most companies will need to bootstrap in order to meet those standards.

One strategy to tackle the chicken and egg problem of obtaining data for building an AI startup is by offering services to prospective customers. This will not only finance your business creation but will also strengthen relationships with potential customers. 

For more, look into these three courses that cover a variety of bootstrapping methods.

  1. Bootstrap First, Raise Money Later with Sramana Mitra
  2. Bootstrapping a Startup with a Paycheck with Sramana Mitra
  3. Bootstrapping a Startup with Services with Sramana Mitra

You should also learn how investors think before approaching VCs. Don’t go prematurely. Pre-seed funding is extremely difficult, rejection rates are very high. Take these courses to learn what investors want and avoid the time and emotional pain of repeated rejections.

  1. How Pre-Seed Investors Think About Startups with Sramana Mitra
  2. How Seed Investors Think About Startups with Sramana Mitra
  3. Post-Seed and Pre-Series A Investors on Startups with Sramana Mitra
  4. How Seed Investors Think About Deep Tech with Sramana Mitra

Here you have it. This is a complete list of Udemy courses that can help any Machine Learning entrepreneur get started. We hope you find them useful.

If you need help, come talk to me at a 1Mby1M roundtable. Learn what to expect from 1Mby1M.

P.S. We’re looking to partner with community leaders who write blogs, teach and mentor entrepreneurs, and help support startup ecosystems in every corner of the world, no matter how small or how remote. I have written about my own journey building startup ecosystems around the world, and how you can draw from my lessons from the trenches. If you’re interested in partnering with 1Mby1M, please consider joining our ambassador program.

Photo Credit: xresch from Pixabay

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