4 steps to starting a business built on education
Start your business and join a community
The last several months have shuffled everyone’s priorities and have made us all focus on the necessities. But despite the world being turned inside-out, education has stayed at the forefront of everyone’s minds. Before we found our preferred online delivery services, we made sure that students had the right tools to continue their studies. Before we longed for restaurants, malls and travel, we first ensured that learning did not stop.
For this reason alone, it’s no surprise that the education sector has continued to thrive. And if you’re one of those people that have considered getting into the business, here are some initial steps you need to take:
- Look at the market
The question you need to first ask is, “Is there an open opportunity that I can take here?” And also, “Are the needs I’m servicing for the long haul and are they actionable?”
If the answer is yes, then you’re on the right track. And when it comes to making education a business, our experiences have proven that education is a service that can be catered to humanity’s collective situation—whether on-ground, remote, or in intimate, less crowded settings.
- Assess your own expertise
It’s no secret that even the world’s leading entrepreneurs need help in handling the different facets of their businesses, and you are just the same.
Before you make the dive into starting your business, take a look at yourself and consider where you thrive. Think about whether you’d prefer to stay behind the scenes or at the forefront of all the action. Try to decide whether you can handle the organization and logistical responsibilities. Examine your history to see which part of education leaves you feeling most fulfilled.
Assessing your expertise will not only place you in the right corner of your business, it will show you where your weaker points are, too—which then point you in the right direction when you’re looking for others to help you out.
- Decide on your mission
Nothing will take you further in business and in life than having a purpose and a mission to fulfill. This might be as simple as expanding your personal goals of educating children into having a fully-fledged education program that helps nurture students’ skills under your belt. At the same time, it could simply be about offering and giving the youth the best possible chance at succeeding inside and outside their classroom, during and after their formative educational years.
- Look for a partner
Building something from the ground up is a respectable endeavour. But by looking into and partnering up with a trusted and established educational program, you are getting an added value into your business. You are having a stronger foothold in the market through extra brain power during major decision-making, additional set of hands for the groundwork, and new pair of eyes that will help you look at things from a fresh, professional perspective.
When you know what you want, you’ll know what to do. And with several options ready for your consideration, the monumental task of starting your own educational business becomes a little more attainable.
Kumon Philippines invites everyone with a commitment to nurturing children’s development and growth to open up their own Kumon Centers and become Franchisee-Instructors themselves. Click here to learn more.
