The majority of eLearning companies you look up to today have been startups once too. Like you, the founders worked hard to launch a successful eLearning business, made mistakes, learned the hard way, changed strategies and fell into traps. Nevertheless, they have led their companies to where they are now.
We thought it would be great to ask successful eLearning entrepreneurs to share their hard-earned lessons with you, people who are working on launching profitable eLearning businesses.
It’s not so far in the dim distant past that no one thought of studying online, now it is hard to come by a person who has never taken an online course. ELearning, thanks to its flexibility, affordable price, mobility and effectiveness, finds more and more adherents all over the world.
Not surprisingly, the markets of online education and training are tremendously growing. According to the Strategic Assessment and Forecast 2017-2022, the global eLearning market is expected to reach $275.10 billion by 2022 (by comparison, in 2014 the size of the market was $165,36 billion) [source]..
I think you will agree that keeping costs down when developing online courses is a key to eLearning business stability and lasting ROI.
Over the years of the JoomLMS company existence we have assisted many clients – small eLearning business owners and startup founders, who couldn’t afford hiring experienced instructional designers and content creators and looked for any possible means to cut the eLearning project costs. To help them we published a bunch of the JoomLMS workarounds to unlock the hidden functionality of the LMS system, shared partner coupons to save on authoring tools and recommended free eLearning resources for eLearning professionals.
There is a lot of stuff to take care of when you run an eLearning business. Mistakes here are inevitable but they are a part of the journey and even if we lose we don’t lose the lesson. Moreover, there are things even successful online business owners regret and wish they had done differently if they could start over.
You might not have the budget for hiring a business advisor, but you do have an opportunity to learn from people who have successfully overcome the challenges that you are facing now.
We know that starting your own business isn’t easy and we know that you need inspiration. Of course, we could tell you about the entrepreneurs who risked to move online and got their money’s worth, but wouldn’t it be better to read the story coming straight from the horse’s mouth?
We’ve already published five cases from the Airline, Healthcare, IT, Consulting and Project Management areas. Today’s story comes from the Dental Industry.
If you are looking to chase your dream and become an online entrepreneur, looking for advice on your current eLearning project or seeking ways to get the most out of your business you will find the story worthy!
Keep reading!