Loading...
Answers
MenuShould I take a business course or just focus on my business?
I'm launching a business this fall and there is a lot to do, but I'm thinking about taking a quick business class as well. While I'm great at learning by doing, I do appreciate formal classroom education. Is it worth it to take the course? As a new entrepreneur and first time business owner, how do you learn?
Answers
There are a lot of great resources about running a business on trusted sites like Inc.com, the Small Business Administration, and countless (countless) other advisors and experts publishing their advice for free.
Additionally, udemy.com is PACKED with fantastic content available for $19 per course if you sign up on one of their deals.
Another source of information is to approach a business mentor, someone who has "been there, done that" and made all the mistakes along the way. I have a blog post that covers how to approach a mentor (LINK: ).
Running a business is often made more complicated than it actually is.
Find a need.
Talk to prospective customers.
Listen.
Fill the need.
Rise & repeat.
I'm happy to help more, just reserve some time here on Clarity and we can get your well on your way to launching your first successful business. =)
-Shaun
This is a great question! So many newbie entrepreneurs jump into a business simply because they are good at building a product but don’t realize that business in itself is a science or art that needs to be understood.
That’s your key – understand what business is all about and in my opinion you already have a good start by asking.
My answer to you is that it depends.
You didn’t mention what type of business you are, but that hardly matters because in business you have to be a sales person – are you a natural social person? Are you capable of listening to feedback without preemptively making your own assumptions or judgments? If you are this could help you create a better product that will have early adopters, it could help you build a team easier than those who aren’t social.
if you are able to build a team and is feasible to get one – you should focus on getting people who compliment your own skillsets. Don't try to thin yourself out by trying to learn every aspect of a business operation when you can easily find someone else really good at that who can join your team.
Is like what I tell businesses – if is not in your core business, outsource it.
For an entrepreneur this remains true, if it doesn’t directly help you reach your goal, outsource it don’t spent time learning it when you can hire someone to do something while you do what you do best.
Consider also, what it is that you want to learn? How form the company? How to calculate cycle times from raw materials to final product packaging? Balancing a ledger? How to run a regression model? Or a financial analysis? All this you can hire someone when, if, you get to that point.
If you have a product or service in mind, simply promote it – make a few sales and that need to fulfill your commitments will lead you with what you need to get them done and deliver.
Leverage google, clarity and YouTube if you are too shy to simply send a local business owner in your field for some feedback or mentoring…
Also consider that the money and time you would spend in a class are valuable resources that should be going to building your business.
I hope that gives you a good idea of what approach to take, if you have any further questions just send me a message and if you are looking for a website done, a marketer or business coach, well also send me a message :)
Humberto Valle
Unthink.Me
in 2015 its not really worth paying for a business course - courses work on trying to teach you what you need to know
what you need to know is; "everything about business" - the person who created the course learned it all on their own - not from a course
Also the amount of information online via youtube and online sources means you have access to all the most successful entrepreneurs and business people in the world, and your thinking of paying a random to tell you what they know, chances are they just downloaded and resold a business course themselves.
My advice would be to either start your business (or if your idea is your passion and you dont want to risk your first attempt) maybe test out a smaller business idea - give it your all - and use what you learn on your big idea when you feel ready
Learn as you go - try things out - fail and learn why you failed.
My first business was a online eBay store - importing electronics from china - its very different to what i do today but it taught me so much about products, merchandising, eCommerce, customer relations, paypal, site building and advertising. I have used every single one of those skills in all my future business's - experience is gold and cant be put into a course - as business throws things at you every day and your past experiences will have you well equipped to deal with nearly all of them.
remember the famous quote Those who cannot remember the past are condemned to repeat it." - George Santayana
Hmm. I think you learn by doing. And from the get-go, you'll want to differentiate between working in the business and working on the business. Working in the business is hammering the nails. Working on the business is courting clients, developing your marketing strategy, and yes, beefing up your knowledge in different areas. That being said, I wouldn't recommend a "formal classroom education." I've never taken a business class, and after three months of trying to run my own business, I knew more than my friends who had graduated with degrees in business administration. Why is that? Well, you can take notes, read a textbook, memorize material, and get an A on a test. But much of what you learned won't be applicable to your business. It's like reading a book about how to swim or how to cast a fly rod. You get a perfect paper score, and then you go drown. And you can't catch dinner. Learn by doing. Your "score" will be repeat customers, making more money, referrals, and hopefully, the freedom you create for yourself by building a self-sustaining business. Show me a textbook about business that can show you how to use Periscope to position yourself as a thought leader. Show me the business textbook that will help you decide whether to use a WordPress plug-in, or Space-Box, or Gumroad, for your shopping cart, payment processing, and fulfillment. You get the point. Read fifty blog posts on any subject you're interested in, and you'll probably know more than your professor/instructor.
The vast majority of experts in business are busy building businesses (and maybe blogging about it) and not giving tests on the subject. I've taught at the university level, so that's I feel comfortable making that statement.
Do you want head knowledge or practical experience? You already know how to get both.
If you want to discuss further, call me! It would be fun to chat.
Regards,
Austin L. Church
I've worked with many start up entrepreneurs and laying a good business foundation is so important. Looking at what you don't know and addressing that now will only help you to succeed.
Great question. I highly recommend using your local resources such as Small Business Development Center (a part of the SBA). Many of their classes are free or minimal cost and they offer free and confidential counseling. They can also connect you with retired executives that have been through starting, running and selling a business or two. They are good advisors. I also suggest you reach out to anyone you may know that is currently running a successful business for their help. There may be industry councils or groups in your area that are also a good source of information as well as economic development organizations through your county. There is a lot of free support available. I also recommend you look at your LInkedIn connections for who may be of help. Other types of classes are offered through Coursera, Open Sesame online. If I can be of further help please let me know.
You can focus on your business whiles you seek advice from a mentor who has vast experience in your area of interest or business field. Whiles you are gaining advice and support from this mentor you can later take on a business course if your business has started growing. Thank you
Why is it an Either/Or proposition? And does it have to be a formal class???
Running a business is an ongoing learning process. You should always be reading up, help from mentors, industry contacts and groups, and formal training if needs be.
This depends on exactly what your goals and timeline are in your business. You should ask yourself if the business class you are looking at will directly benefit what you are doing in your business short term. Since you are trying to launch a business, you'll likely have to put in a great deal of your time and energy to lift off, so taking a business class could create unnecessary stress, unless the class is directly related to helping you launch. I think your attention to personal/business development is so great! But during this crucial time, be very careful how you allocate your time and only give the most important activities priority. I've seen people spend years and years on "learning" only to never actually launch anything. Best of luck!
There are a lot of options when it comes to business-related classes. You can take Accounting, Marketing, Management and even some business-related courses in the humanities. If you're interested in learning more about your local area, there are also many college courses available that focus on the community around you. Best benefit of these courses is that they better educate you about https://calendly-alternatives.org and other such tools. The best way to find out what kind of classes will be right for you is to talk with other business owners who are doing well. They can give you valuable advice about which classes will help you build your business and which ones might not be necessary for success.
Congrats on you launching your own business line and kudos to you wanting to improve on your skillset.
Firstly it is always at your advantage if you do something that you already know or have the passion for. By doing that you would already eliminate going into the business not have any of the know how except what you were taught. You would have already being practicing that business in an informal way but choosing to establish it would make you feel a lot more confident in yourself that you know the product you are offering . You are already sold on it.
Secondly:- It always help to invest in further training so that you can be competent in what you are offering. With global technology and cutting edge business modules and tools you really wants to be a cut above the rest and to offer the best you know how but in practical and theory. Ongoing training and development is a tool that you are going to be using not just for yourself, but as the business develops you would also need to in-cooperate that as tools for your employees as well
That being said you may choose to do courses either before or start the business and continue with courses that will matriculate you into the best you that will fit you for what you are offering..
There are many online courses of even face to face that you can apply to but ensure that the curriculum matches what you are looking for. Know your objectives and expectation and manage it throughout the course to ensure it is aligning to your business module.
When all is said and done, you can only be a better version of you by getting the knowledge you need. And even if you don't use it now, be assured that it will come in handy further on .
Best of wishes on both your decisions and do let me know the outcome
Related Questions
-
Can a C Corp be the owner of and fund several LLC's? Can these LLC's have the same paid Directors?
Yes! But is very tricky. I have a C Corp own two LLCs. You should have separate board of directors in the C Corp that are not owners in the LLCs. Pay through bonuses rather than salaries and aggregate expenses of the LLCs as op. expenses as SBUs of the corp. The reasons for having a C own LLCs can vary, my reasons were that it allows me to join or create new ventures without having to formalize them with dedicated teams, just cycle my team to different efforts while seperatig expenses, not reporting publicly what is being worked on, and if the product takes off the formation is already there to grow the product into a division or umbrella product of my main company. LLCs are easy to form, while C corps are not... One example would be having a conglomerate of investors under a c corp and have advisors and creating an LLc for each new rental construction development project completed. Each is his own, if something goes wrong the LLC covers the C entity- this protecting its investor members. Best of luck! Humberto Valle #unthinkHV
-
What is the best country to start an online marketing and design business in?
I have registered over 20 companies in the last decade and from my experience I can tell you that every country serves a different purpose. I run a small gambling company that I have registered in Malta due to the legality of online gambling there. I have another company registered in Delaware, whilst my main company is registered in the Netherlands. If your business is only online I would advise you to register it in Europe or if you must in the United States in Delaware/Nevada. Credibility wise I would say that registering your company in Singapore or Malta or Costa Rica, will not benefit you much opposed to say Delaware or The Netherlands. I am available for a call if you need anymore help. I am currently doing a promotion for a one time free 15 minute phone call so just send me a message for the discount code.GS
-
How can I start a marketing strategy for my bussiness?
It all begins with understanding who your best potential customers are. Spend some very focused time in determining not only who they are (moms; small business owners; homeowners; etc.) but want needs and desires they have. How will these align with your products or services? Also—talk to these people! Don't assume you know who they are and what they are thinking. Otherwise, you could build "a better mousetrap" or launch the greatest business ever (in your mind)...only to find it doesn't resonate with anyone. Narrow your focus as much as possible. It's very tempting early on to try to appeal to everyone ("every woman will love this!), but that is a recipe for disasters. As the saying goes, "The riches are in the niches." Aim for a tightly defined audience and ensure they will be treated like royalty. Remember, it's not about how great you are—or how many features you have or how much better you are than alternatives that may exist. It's about the value you can bring to those potential customers. If you are introducing something brand new into the market, why should they care about it? If you are bringing a new twist on an existing product or service—opening a new shop, starting a consulting business, becoming a Realtor or whatever—why should they consider switching to work with you? Once you understand your ideal customers' persona, the strategy part will be easy. Go where they go—online and offline. Pick a few key channels at first and pour your marketing time and dollars into them. As you grow and have more profits to invest in marketing, you can increase what's working, cut what's not—and experiment with new channels. Finally, think more in terms of objectives, which I like to remember with the acronym PLOT: People—whom you are trying to reach L-a measurable level you are hoping to accomplish O-what outcome you wish to achieve T-Timeframe An example could be: • Invite at least 75 small business owners to attend a free webinar (download an ebook; attend a free tasting; etc.) in exchange for signing up for our mailing list by July 1stBU
-
How do you determine if a business idea is worth pursuing?
You ask the customers, and gauge their level of interest. Better yet, get yourself in front of some customers, and instead of telling them what you make or do, ask them what they need. When you notice that many of them need the same thing, and if it is something you can make or provide, you then have a business idea worth pursing.DF
-
What are the best ways to define and validate a new business concept?
Face to Face will always be better. The reason is because to get to the root of an issue or to what really drives a person, you need to ask WHY 5 times. Only then you can offer a solution that will be irresistible to your prospects. Let's try with an email survey. 1. What is your biggest struggle when you want to expand abroad? __________ 2. Why? __________ 3. Why? __________ 4. Why? __________ 5. Why? __________ You look like a freak, right? Now in a normal conversation, it would go something like: Oh, your biggest challenge is costs? Tell me more about it. Yes, i just don't have enough cash flow to open an office abroad. Where is your cash flow going instead? (that's a hidden why) It's going into our local activities. Why do you prefer spending money locally? Because we get more return on investment. etc etc.. I'm happy to jump on the phone to test this technique (it feels a bit awkward at the beginning but with some training it becomes natural). SerenaSD
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.