Nov 9

Online Entrepreneurship Course

With tons of millionaires and billionaires, many people have wild expectations when it comes to entrepreneurship and the money you can make. While yes you can become a billionaire with dedication and business knowledge, learning entrepreneurship skills make it so much easier.

Entrepreneurship is an important skill that provides you with an opportunity for self-employment, while simultaneously promoting employability and job creation. You can be agent of change contributing to economic development and fighting stereotypes.

Being an entrepreneur can be full of risks. These risks are minimized by understanding some basic entrepreneurship fundamentals, such as drafting a business plan, knowing your competition, and successful marketing - to name but a few skills to learn and master.

All these and more can be found in Re | Mind Virtual Academy’s (R|M|V|A) Entrepreneurship Basics - An Overview online course.

This online course is applicable to ANYONE who wants a solid, basic introduction to what Entrepreneurship is all about, and how it can be practically applied in setting up a successful and sustainable business.

R|M|V|A’s online course consists of the following modules:

1. Decide on the Type of Business
It is often said that entrepreneurs are the backbone of the nation. Anyone with the passion and drive can become a successful entrepreneur as long as the planning and execution are done well.

The first step to becoming an entrepreneur is choosing the ideal business. The business you choose will be determined by its feasibility as well as your own interests and expertise.

2. What Is the Market/Competition Like?
Any successful venture requires an understanding of the market and the competition. You need to discover if the market is profitable and how you can compete. Once you understand the market and how it affects your business, you will be better prepared to face the challenges that will come your way and increase the likelihood of success.

3. Basics of Starting a Business
Before starting any business, it is necessary to make certain decisions and take some basic steps. These actions include choosing a name, structure, and location of the business. It is equally important to register the company and hire an account. All these actions provide the basis for starting a business

4. Create a Business Plan
A strong business plan is necessary for long-term growth and success. Planning requires gathering the appropriate information and outlining the plan before creating it with all the necessary elements. Creating a business plan may seem boring, but you should not neglect it. This is the plan that will guide your company and attract investors.

5. Get Financing
Financing sounds like a frightening word, but it doesn’t have to be. Any viable business start-up needs to be financed, and these days there are many different options for financing. There are many resources for entrepreneurs who are starting to look for financing. Talking to people who have already taken the journey you’re about to embark on is a great way to start.

6. Hire Employees
You can’t have a business without employees. They are the heart and soul of your business, so making sure you pick good employees is important. Every entrepreneur wants their company to be the best, so you should look for the best employees. Mary Kay Cosmetics founder, Mary Kay Ash, once said “People are definitely a company's greatest asset. It doesn't make any difference whether the product is cars or cosmetics. A company is only as good as the people it keeps.”

7. Training Employees
There is no point in hiring quality people if you do not provide them with quality training. Training is the best way to make sure you staff understands the company and their jobs. Having a team that knows the direction of the company and their working parts in that company is always an asset. Let’s explore together what training your new employees should entail.

8. Market the Business
Mark Twain once said, “Many a small thing has been made large by the right kind of advertising.” Now that you have your excellent staff, you can spread the word about your business. Marketing is a necessity of any business, because being invisible won’t get you customers! There are different ways to market your business. Your product will affect how your business is marketed. Let’s explore some marketing options together.

9. Run the Business
Running the business is the “fun part”. This is where you take all of the tools acquired to prepare you for operating a successful business and put them into practice. Before you can sell the products / services your company offers, you must get out there and source the materials. Once you do and the cash starts coming in, responsible money management and budgeting will prove to be your company’s best friends.

10. Grow the Business
Once you figure out what works in starting and running a business, the next step is to grow the business. Offering more products or services within the existing company is one way to expand upon your business. Branching into territories such as bidding for contracts, opening a new location, and franchising the company can also help grow your profit.
R|M|V|A’s Entrepreneurship Basics - An Overview on line course has the basics for assisting you with the steps laid out above giving you a strong foundation and understanding, but more importantly R|M|V|A has worked on making this course more practical so that you do not only walk away with the theory, but you have the tools to physically set up your business. Our Virtual Business Mall and our Virtual Business Agency will assist in setting your business. 

The VBM is just that - a virtual space where all micro and small businesses (informal or formal) can be listed (with a difference). We provide the following at VBM:
  • a 1-page website, showcasing your business on a functional website that your potential customers can engage with directly
  • Ongoing marketing of the VBM space, which means visibility for every tenant in the virtual mall
  • Selected businesses highlighted and marketed in the mall once a month to boost their visibility
  • All at a cost of only R100 per month
When you're ready to 'graduate' from the mall and become a fully-fledged, registered and ready to grow business, you can graduate to the Digital Business Agency (Digital Business Agency (DBA) www.thedba.co.za). Alternatively, you’re already a registered business that has plans to grow and prosper I the digital world.

Either way, the Digital Business Agency provides you all the necessary guidance and support to ensure that you’re successful. Take a look at the services we currently offer. Here are 4 key areas that we focus on with you as a partner:

1. Business Enablement
2. Business Visibility
3. Business Engagement
4. Business Upskilling
Please contact us to talk you this revolutionary way of learning.
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