In This Article
- Business Ideas
- Business Plan
- Funding
- Grow Your Business
- Promote Your Business
- Bonus: Master Your Cashflow
- Entrepreneurship Training
Do you want to make money as an entrepreneur?
Maybe you are looking for a business idea that suits you. Or you’re looking to find ways to fund your unique business idea. You may already have your idea and funding, but you’re looking to improve your sales.
Regardless of where you are in your entrepreneurial journey right now, you may be facing challenges … and looking for answers.
Wouldn't it be great if you could take business coaching advice from an entrepreneur who has gone through exactly what you’re going through, found a creative solution, and used that solution to achieve a fully funded business, groundbreaking sales, significant website traffic, successful partnerships, or more?
Here at WealthFit, that’s exactly what we offer: entrepreneurship training and entrepreneurship courses from leaders in their industry who want to help you build the business of your dreams, step by step.
In this article, we will cover:
- How to create a business idea you are passionate about
- How to write a bulletproof business plan for yourself, your team, or your investors
- Multiple ways to fully fund your business
- Tactical strategies to grow your business by increasing your sales
- How to earn promotions in media for your products and services
- And more
Let’s get your entrepreneurship training started!
Business Ideas
Do you have a business idea that you're passionate about that you can turn into a profit?
If so, feel free to skip ahead to further entrepreneurship training.
On the other hand, if you’re looking for a business idea to start, here are a few ideas, along with specific and proven ways to generate active income from those ideas.
Start Your Own Online Education Business
There’s something you’re passionate about. It’s likely something you do better than most other people, too!
That could be writing copy for websites. Shooting a basketball. Cooking a meal. Playing an instrument.
Whatever it is, your expertise can be packaged into an ebook, video course, or subscription program, sold online, and become a business that creates income.
What’s more, online education has been a simple and low-cost path to entrepreneurship for many.
Even better, you can get it started quickly and begin earning revenue in the weeks to come.
Find out how to do just that in the entrepreneurship course Start Your Own Online Education Business: How to Become an Edu-preneur And Get Paid for Teaching What You Know.
In the entrepreneurship training course, you’ll learn:
- how to start building a large education business by focusing on a single problem your consumer has
- how to create your first educational product step-by-step
- Unique and creative ways to turn your site visitors into site buyers
If becoming a dedicated “edu-preneur” is the right business for you, you can watch the entrepreneurship course here.
Start Your Own AirBnb Business
Recently, short-term rental real estate has exploded and taken over the rental industry in many U.S. markets.
The reason why is simple: there are incredible advantages of short-term rentals when compared to long term rentals.
For example, short-term rentals command higher cash flow, you get paid up-front, you don’t have to deal with the challenging tenant screenings or evictions, and because the rental is maintained usually once a week, there’s often less damage to fix.
You can enter the short term rental market by starting your own Airbnb, VRBO, or Homeaway business.
The course Start Your Own AirBnb Business How To Claim Your Share of the Fast-Growing Short-Term Rental Market will show you how to do just that — even if you don’t own any properties yourself!
In the entrepreneurship course, you’ll discover:
- how and where you can find ideal short-term rental properties in your local area
- A unique strategy that allows you to earn passive income in the short-term rental market without actually owning any real estate
- How to list your property online and create a consistent flow of bookings
If you want to launch your own short-term rental business, you can learn how to do so step by step by watching the entrepreneurship course here.
Start Your Own Amazon Store
There’s one company that is responsible for over 50% of global e-commerce. That means over half the products bought & sold on the entire internet are bought & sold on this one website!
Wouldn’t it be great if you could start your own business selling items on this giant website as well?
Here’s the good news: you can sell items on Amazon. You just have to know how.
Amazon expert Jason Boyce teaches that in Start Your Own Amazon Store: How To Launch Your First Product on Amazon.com — even if you don’t have a product in mind.
In this course, you’ll learn:
- why Amazon is the best place to sell products — and why it’s even better than Google
- the lingo of selling products on Amazon, such as 1P, 3P, ASIN, BSR
- How to find the right product to sell by researching products that are already selling well and making a profit
- how to set up a stellar Amazon Seller Account, and how to use the coveted Prime Badge to get 10X more customers
If you’re ready to start selling products on Amazon, watch the course here.
Business Plan
Once you have your business idea, whether you chose one we listed or you already have an idea you’re passionate about, the next step is to create a bulletproof business plan.
A business plan is more than words on paper — it’s the foundation of your business, explaining every facet, from your vision to your product, your sales channels, marketing and more.
Plus, the business plan is not just for you. If you’re seeking funding from investors, you’ll need to prove — using your business plan — that your business idea is worth investing in.
Here are courses that will help you create a business plan to meet all of your needs today — and in the future.
The 60-Minute Business Plan
Does the idea of writing a business plan seem like it will take days, maybe even weeks?
What if we told you that you could write an effective business plan in just 60 minutes?
It’s true! Learn how to do that in the entrepreneurship course The 60-Minute Business Plan: A Crash Course on Effective Business Design for Busy Entrepreneurs.
In this course, you’ll discover:
- The 8 aspects you need to include in your business plan to make your business irresistible to investors
- How to predict how much investment capital you need by calculating startup costs
- How to calculate the cash flow your business is likely to provide to you or potential investors
- How to determine your business’s major “key performance indicators” (KPIs) so you can judge the health of your business in a matter of seconds
If you want to create an effective business plan in just 60 minutes, watch the course here.
Idea To Income
Starting a business has its fair share of challenges.
Maybe you don’t have the money. Maybe you’re scared of failing. Maybe you have no idea where to start.
If you’re facing these challenges, or any others, Didi Wong, who was awarded with the “Women of the Decade for Entrepreneurship and Venture Capital” from the Women Economic Forum, offers practical solutions in the course Idea To Income: How To Start a Company and Turn Your Entrepreneurial Dreams into Reality.
In this entrepreneurship course, you’ll learn:
- How to write a million-dollar business plan
- How to choose the right business entity (and DBA) for you and how to find and register the business name that best fits you
- Specific strategies you can use to avoid the most common mistakes new entrepreneurs make
- An easy to implement email marketing strategy that you can use to launch your product
If you’re ready to build your dream business, even if you have nothing but the idea, you can watch the business coaching course here.
Funding
After creating your business idea and writing a business plan, the next step is to find funding for your business.
There are multiple opportunities to get your business partially or fully funded, including:
- Pitching investors
- Crowdfunding online
- Small Business Association (SBA) Loans
- and more
The following courses will show you how to obtain funding using any of these strategies from those who have successfully funded their business.
Raising Capital
Professional investors can help you scale and grow your business quickly.
But in order for that can happen, you have to first find investors who will take time to listen to your pitch.
Raising Capital: How To Find the Right Investor, Make the Perfect Pitch, and Land the Funding Your Business Needs will teach you how to build an “investment-ready” business so that investors will be lining up to invest in your business — and you.
In the course, you’ll learn:
- The key to finding investors who will be interested in your product
- How to address your company’s problems to investors upfront and identify realistic solutions
- Specific language you can use to get investors excited to fund your business
- How to build a bulletproof pitch deck that not only gets you meetings, but also funding
Watch the entrepreneurship training here.
Crowdfunding with Kickstarter
Over $4 billion to date has been raised by entrepreneurs on Kickstarter to launch & grow their businesses.
Crowdfunding is another option to fund your business, which allows hundreds, even thousands, of people to invest in your unique business idea.
So how can you run a successful, fully funded campaign?
Entrepreneur Anthony Nardillo raised $103,737 for his $100,000 business goal on Kickstarter, and shares his proven strategies in Crowdfunding with Kickstarter: How To Raise the Money You Need To Get Your Business Off the Ground.
In this entrepreneurship training course, you’ll learn:
- The unlimited funding potential of Kickstarter
- 4 rules for creating a successful Kickstarter Plan — before you post your campaign
- How to plan, promote, and manage your project from start to finish
- How to use Donor Engagement Strategies, such as products, experiences, and attention, to help boost donations
If you want to use crowdfunding to secure funding for your business, watch the entrepreneurship course here.
Credit Secrets for Entrepreneurs
Having strong credit comes with incredible benefits, including the ability to borrow money to start or grow your business.
But what if you don’t have strong credit?
You can build your credit score using strategies taught in .
In this entrepreneurship course, you’ll discover:
- The difference between personal and business credit reports and how to easily access your company’s credit report
- How to boost your score and gain access to the funding you need
- how the elite entrepreneurs leverage other people’s money to grow companies — and how you can do the same
Watch the entrepreneurship class here.
Grow Your Business
Now that you have your business idea, created a business plan and found funding for it, the next step is to grow your business.
This can include
- Automating and systemizing facets of your business
- Forming profitable partnerships
- Creating irresistible product and service offers
- Leveraging free social media accounts
- Writing compelling product copy
- And more
Next, we’ll look at each of these so that you can grow your business to new heights.
The “Money Train” Method
Ever wonder where the time has gone during a work day?
Finding and keeping clients for your business can take away precious time during the day.
Wouldn’t it be nice if you could systematize and automate the process?
Here’s the good news: you can — you just need to know how.
This is what you can learn in The “Money Train” Method: 5 Steps to Generating Consistent Income as a Speaker, Consultant, or Salesperson.
In the entrepreneurship course, you’ll learn:
- How to win the big fish client in your industry
- how to build a sales pipeline that works — while you sleep
- how to build an enticing journey for your clients that takes them from struggling to success
- How to automate the biggest “time sucks” so you can spend more time on what really matters: building and growing your business.
Watch the entrepreneurship training here.
Joint Venture Marketing
If your sales are driven by your own marketing & advertising efforts, there is another option that can lead to an increase in revenue: strategic joint venture partnerships.
So what are strategic joint venture partnerships, and how can they help your business?
Find out by watching Joint Venture Marketing: How To Boost Your Sales Through Strategic, Low-Cost Marketing Partnerships.
In this entrepreneurship training course, you’ll learn:
- Why affiliate marketing can benefit everyone, including you, your partners and your customers
- How to test a new product offer so you present clear data at a joint venture pitch meeting
- How to structure your affiliate agreement step by step so that your partners remain happy and motivated to keep driving sales
- How your business can pull off a viral product launch
If you’re ready to learn creative ways to increase your company’s revenues, take the entrepreneurship course here.
Irresistible Offer Architecture
If you're struggling with sales, but you have reason to be confident in your product, the problem might not be your product ... it might be your offer.
What many entrepreneurs don’t realize is that customers buy offers, not products or services.
This is why it’s critical to create an offer that is irresistible to customers.
That’s exactly what you’ll learn how to do in Irresistible Offer Architecture: How To Boost Your Sales by Crafting an Offer They Can’t Refuse.
In this course, you’ll learn:
- how to use benefits — and not features — to play into your customer’s emotions
- How to amplify your offer using added value, urgency, and pricing
- How to make it easy to click “BUY” by taking the tension out of purchasing.
Create an irresistible offer for your business by watching this entrepreneurship training here.
Product Branding
If so, you might have a branding problem.
Customers buy from brands they like and trust.
After all, would you spend your hard earned money on a product whose brand you don’t trust?
If this is a challenge your facing, you can find solutions in Product Branding: How To Create a Product Everyone Knows, Trusts and Buys From, taught by Rick Cesari, who has help build many iconic brands from scratch such as Sonicare, The George Foreman Grill, OxiClean, and many others.
In this entrepreneurship course, you'll learn:
- How to uniquely position your brand using a Unique Selling Proposition (USP) so that your product(s) boldly stand out from your competition
- The simple way you can receive powerful 5-star testimonials so that you can build trust amongst new customers
- how to create a customer service attitude within your company, not just a department
- questions about your brand that you need to answer if you want to make sales and dominate your industry
You can watch this entrepreneurship training here.
Social Media 101 for Business
Social Media — including Facebook, Twitter, Instagram, and others — is a free tool that as an entrepreneur, you can take advantage of to create an influential brand, build a loyal following, and boost your sales.
But many entrepreneurs don’t know where to start.
Which platforms should you use?
What should you post?
How often should you post?
Kim Walsh Phillips, Author of The No B.S. Guide to Direct Response Social Media Marketing, answers all of these questions — and more — in Social Media 101 for Business: How To Generate Thousands of (Real!) Followers Who Listen, Engage, and Buy.
In this entrepreneurship course, you’ll learn:
- how to find loyal followers and to not only grow your business, but also spread your message
- How to get your social profiles off the ground and thriving in just 14 days
- growth hacks that you can utilize to quickly boost your follower count
- how to create a call to action that converts loyal followers into warm leads
If you’re ready to start building your following and converting that following to customers, watch this powerful entrepreneurship training here.
Persuasive Copywriting
If you are an internet entrepreneur and your sales numbers are lower than originally expected, but you’re getting an amount of traffic that you’re happy with, you may be wondering what the problem is.
You may be thinking you have a traffic problem. What many entrepreneurs don’t factor in is that you might actually have a conversion problem.
It’s your ability to convert that traffic into customers — through persuasive sales copy — that makes a difference in your bottom line each month.
Improving your conversions through copy is the topic of , taught by “the World’s Best Female Copywriter” Mara Glazer.
In this entrepreneurship course, you’ll learn:
- why great copywriting is the solution to building powerful offers
- How to write copy that inspires, educates, and makes customers click BUY — even if you’ve never written sales copy before
- How to answer your site visitor’s exact questions as they arise
Watch the entrepreneurship training here.
Let’s recap. You’ve found your business idea, written a business plan, found funding for it, and utilized proven ways to grow your business.
What’s next?
Getting your business in the media to increase your brand awareness, brand reputation, and lead to more sales.
Next, we’ll explain just how to do that.
Free PR
Do you have an amazing story to tell about your brand, product, or service, but you haven’t received any media attention?
Would being in the media increase your brand awareness and lead to more sales?
If so, then you need public relations. However, this can be a costly endeavor ... without any true guarantee.
So how can you get Free PR for your business?
Nicole Dunn, Owner and President of Dunn Pellier Media, teaches exactly that in .
In this entrepreneurship course you’ll learn:
- How to become THE Go-To Expert in your industry so journalists look for YOU for interviews
- the difference between paid and earned media — and how to use the latter to boost your reputation, create brand awareness, and drive a significant amount of traffic to your product or service
- How to craft an irresistible pitch that’s carefully researched and tailored to a specific journalist
If you’re ready to create a PR campaign that makes your brand the center of attention, watch the entrepreneurship training and business coaching course here.
Bonus: Master Your Cashflow
Your focus shouldn't just be on making a profit in your entrepreneurial pursuits; you focus should also include being wise with the money that you make.
Sometimes, making money isn’t the problem.
It’s understanding where your business’s money is going that can be the problem.
That’s why it’s important to master your cashflow.
Dale Gibbons, who teaches Master Your Cashflow: How To Turn Financial Chaos into Financial Peace By Taking Control of Your Cashflow knows about the problems that can arise firsthand.
Even though his business was making a profit, he discovered one day that he wouldn’t be able to make the next payroll.
That’ when he realized he had a cashflow problem, and in the course, Dale explains the shocking story of where his money was really going, and teaches proven ways for you to monitor your cashflow.
In the business coaching course, you’ll learn:
- Use a downloadable cashflow tracker to get an overhead view of your finances
- How to read your bank statements for spending trends and other insights, along with irregularities and other red flags
- How to predict future cash flow issues and how to resolve them ahead of time
You can find this business coaching course here.
Entrepreneurship Training
You’ve made it to the final step in this entrepreneurship training. Let us here at WealthFit be the first to congratulate you!
Regardless of where you started, whether it was creating a business idea, finding ways to fund your business or growing your business, remember, being an entrepreneur requires creative and original approaches to problem-solving.
Because of this, feel free to bookmark these entrepreneurship courses, so that when you face additional roadblocks, you can watch the courses again and find solutions.
If you're looking for even more entrepreneurial training and business coaching, you can check out the entire Wealthfit entrepreneur course library right here.
We would love to know how these courses have helped your entrepreneurial pursuits. Let us know by dropping us a line on Facebook, or email us at contact@wealthfit.com!
