Starting an online business might sound like a simple enough task, and looking at the success stories, it doesn’t seem to take that much effort. But nothing could be further from the truth.
Online business is much like any other enterprise. It needs to be nurtured, cultivated, and carefully looked after if you want it to succeed and grow. So, what does that mean for your further education? It’s time to embrace online learning, and here are the reasons why:
Timing is everything
When you start an online business, you need to be prepared to sacrifice a lot of time to work on it. This could mean working some odd hours at first because there is so much that needs to be done. At this stage, you’re probably still doing everything on your own, so there’s not much time to devote to yourself, except the late hours of the night or early hours of the morning.
This is where web course learning is going to benefit you enormously. Unlike conventional classes, you can attend online classes whenever it suits you. If you find that you need to work at night on your business because of time differences with clients, then you can study during the day.
The opposite will also hold true. The advantage of e-learning is that you can make it fit around your work schedule instead of the way around.
Another timing advantage of online learning is that deadlines are often flexible, and you are allowed to work at your own pace. So, when business is good, or there’s a problem, you can put your studies to one side until things settle down.
With traditional classes, this wouldn’t even be an option, and you might have to sacrifice your business to make sure you attend class, complete assignments, and write exams.
As a new business owner, there might be aspects of your enterprise you need help with if you are to succeed. For example, you might have a great idea for your company but lack the experience to manage the financial side of things. Instead of having to find and pay a bookkeeper, why not look online for a class?
There are high-quality online courses available if you’re cash-strapped and unable to afford a paid one. These courses will give you the information you need to get the basics right while getting the business off the ground.
Another advantageous feature of e-courses is that they tend to deal with specific skills instead of a broad base of knowledge that you might not necessarily need. Staying with our accounting example, you don’t need a full business degree to operate your enterprise.
There might be a few areas where you lack expertise, but by using online courses, you can fill these knowledge gaps directly without covering a lot of content that won’t benefit you in the long run.
A lot of e-courses offer more practical skills, whereas traditional classes often focus more on the theoretical. As a business owner who doesn’t have much time to spare, getting to the nitty-gritty of the subject and seeing someone demonstrate it in a video you can view whenever it suits you makes online education an ideal option.
When you search for e-training courses, you’ll see that they fit into different categories. Some are intended to replace the college and university classroom, and you get an accredited degree, diploma, or certificate once you’ve completed the course. For these classes, you’ll need to complete assessments and write examinations.
Other courses are offered online by industry governing bodies. Once you’ve completed the course, you can use the body’s logo as an endorsement on your website or social media profiles. This is advisable if you’re offering services, such as accounting, professional marketing, etc.
Some courses are skills-based, and there are no assessments or qualifications attached to them. Many are free and consist of videos for you to watch while you learn. Such courses are ideal for filling a knowledge gap for a business owner or acquiring new skills for your online enterprise, such as social media marketing strategies.
These courses tend to be short and to the point, which is what you need when you’re in a hurry to learn and implement it. They can also function as a taster, which will indicate whether this is a field you would like to pursue in greater depth.
The price is right
Since you’ve plowed all your resources into your online business, there’s probably not much money left to spend on your studies. However, e-learning tends to be far less expensive than conventional classes, and with so many courses out there, you’ll find one that suits your budget. The costs are lower because you don’t need to factor travel to campus into the total investment.
Another advantage of e-learning is that you’ll get value for money when considering the types of institutions that you have access to with only the click of a button.
Before online classes, you would’ve been limited in your choices and spent a lot of money to get a qualification that isn’t quite what you’d hoped for when you started. Now, geography is no longer a factor, and you can learn on different platforms from people around the world who are experts in their fields.
Another cost-saving implication of e-learning is that you can evaluate the courses you attend and start putting together a curriculum of your own for future staff members.
Once you know what skills you’d like them to have, you can either curate a list of courses you would expect them to complete, or design your very own that is unique to your online business and its requirements. With minimal effort, you can find courses offered at competitive prices or get someone to help you plan, design, and launch yours.