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Regardless of whether you want to be a contract designer, instructor, or consultant, or you want to create a learning technology or product, these tips will help ensure your success and reduce your risk of failure.Doug’s 10 Tips for Starting a Training Business 10. If you are starting a new training business, it helps immensely to demonstrate that you possess the knowledge, education or validation that proves you know more about the subject than others. I’ve seen too many training entrepreneurs fail because they passively approach day-to-day activities.All are good development grounds for entrepreneurs and offer excellent credentials for credibility with prospective clients, but background does not always guarantee a successful company.
A valid credential may be an advanced university degree, industry-recognized certification, professional license or something else that comes from an independent third party. It quantifies the time you have invested in certain situations, although it doesn’t qualify your expertise at that skill. If you want to be a successful training entrepreneur, you must act the part. Starting a business isn’t a fast process; it can be a grind.
Leverage your credentials with experience to differentiate yourself as a thought leader. Success comes by working through the failures on an even keel and not getting too high on early successes nor too low on early failures. We’ve all heard that success comes to those who work hard. Most training start-ups struggle to accurately define their capabilities and services.
The other piece of advice I provide begins with “Entrepreneurs beware!
” It’s easy to get into the business, but it’s a challenge to stay.
And I believe training is one of those unique professions where you get to do that.
But my first piece of advice is to be realistic and help them understand that as important as it is to have a passion for helping people, this too is not a prerequisite for success in this industry.
Since starting Training Industry, I’ve been fortunate to have met many exceptional people in the process of starting a training company.
Some have been successful corporate executives, others from distinguished careers in the military and yet others from successful stints as training professionals.
Together, they cited information from 13 references.
wiki How's Content Management Team carefully monitors the work from our editorial staff to ensure that each article meets our high quality standards. While your dream may be to start the next Apple or Microsoft out of your garage, it is more likely that your desire to start a computer business involves dealing with existing systems via sales, service, or support.