Online learning has exploded in popularity over the last decade. In Covid, the field has found a tremendous force multiplier.
Many founders are now turning to online education for startup ideas. Here’s why: it can be extremely profitable because online courses do not require physical classrooms, startup costs are more affordable and startup time frames are shorter. The ability to scale fast makes this space very attractive for new ventures.
If you want to build a venture in the online learning space, take this Udemy course for ideas and inspiration. The course features real-life startup founders. It has an intimate, conversational feel.
Let’s face it. Money is a major issue for every startup. Luckily, nowadays founders can begin on a shoestring budget. The lean startup principle works, as the industry has seen time and again.
Consider bootstrapping in all its glory. It will save you many headaches. These three Udemy courses on bootstrapping should get you going.
Once you’ve bootstrapped to an extent, you’d consider raising funding. Learn:
After you’ve completed these courses, you should be well on your way. All of them are based on the 1Mby1M Methodology. Take these courses in any order you wish, combine them as needed, but do not skip the learning.
In addition, be sure to deeply understand How Investors Think before you go chasing investors.
When you do, don’t do so with a begging bowl. Go with real validation and command the respect that would result in successful funding rounds.
P.S. We’re looking to partner with community leaders who write blogs, teach and mentor entrepreneurs, and help support startup ecosystems in every corner of the world, no matter how small or how remote. I have written about my own journey building startup ecosystems around. If you’re interested in partnering with 1Mby1M, please consider joining our ambassador program.