Business is all about taking risks. …… calculated and INFORMED risks. According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. That means 80% of start-up fails. This is a scary thought. One of the reasons for failure is, the lack of education and knowledge of business.
Once an entrepreneur understands the fundamental building blocks of business, the person is closer to being able to distinguish between a poor, mediocre or a great business opportunity. If you are interested in starting your own online business and work from home, you can register here!
It is therefore imperative that entrepreneurs equip themselves with the necessarily knowledge and skills.
In addition, entrepreneurs should place a greater emphasis on coaching or mentorship. Generally speaking, coaching and mentorship is an under-valued area in support of entrepreneurial success.
Knowledge, skills, coaching and mentoring are major are key elements to building a successful business.
Many businesses or entrepreneurship programs neglect the mentorship part of entrepreneurship. Funding a business without mentorship often means setting that business up for failure. Therefore, one cannot underestimate the value and the benefits of coaching and mentorship programs in conjunction with the financing of businesses
When searching the internet for online business support, one find many programs offering education and training but a very few offers the coaching and mentorship elements.
One of these programs is Wealthy Affiliate, which I have no hesitation in recommending.
What is Wealthy Affiliate?
In short, it is a training and mentorship platform for people who want to start an online business.
Wealthy Affiliate is a platform dedicated to helping internet entrepreneurs create successful businesses online through training, having access to the tools and services as well as timely support from industry experts.
If you are truly serious about making money online from home, etc. Then this is definitely the right choice for you.
What sets Wealthy Affiliate apart from your traditional startup business is their starter membership plan which is completely FREE. Two free websites included with that membership as well. All the tools you need will be provided for you to begin and/or to take your business to the next level.