How To Avoid Wasting Time And Money On Courses Or Coaching Programs?
Steve has spent well over £100,000 on courses, training and books and has been running his courses for over six years. During all that time, he has learnt a few lessons, which he will share with you in this episode.
Set up this systemised approach to getting the most out of the money spent on courses, books and coaching programs.
Making the most of courses, coaching, and training requires a mindset shift. You have to realise that it does not mean that you have to implement the changes in your business.
Training is often seen as a cost when it should be perceived as an investment. If you source the right motivated staff at the outset, that investment is a permanent asset to your team member.
Business is too broad for you to have knowledge and skill. You cannot implement all your learning personally. Pass the resources to your team and let them implement the knowledge in your business.
It is almost impossible to condense a whole learning volume into a two-hour meeting. You also need to provide context and background and allow them to access the material. Explain the context and reason behind given tasks. Explain your vision clearly to support its implementation.
Keep records of links to resources, materials, videos and articles your staff use while learning. So you then have a record of reapplying when the learning needs to be repeated or refreshed.
If you want your staff to train up, remove work from them, so they have time to prioritise and complete the learning course.
Split the learning into smaller sections that still offer value when individually completed so that if the course gets interrupted, you still have gained from those individual parts. Check-in with your staff at the end of each section to keep on top of any problems or changes with a debrief.
Implement the course outcomes as you go through and set up relevant KPIs to monitor the value of these systems to your business. It’d be best if you had lead indicators to assure the implementation of the system and lag indicators to prove the value and quality of the new system.
Your newly trained expert should now be in a position at the end of learning and implementation to delegate this work effectively using their documentation and operation manuals.
Always get lifetime access to the course and materials to maximise your investment. The ability to return to access training for new staff is essential. Try to get online training courses with coaching and support.
Please don’t skip the course onboarding because they can assure you that you are getting the maximum benefit from the learning. Choose courses with exams and quizzes so you can track your people’s progress.
3:33 – 💬 ‘I learnt what makes a great course to invest in and the key things you need to be looking for to ensure you get the results.’
5:40 – 💬 ‘You can spot the keen, motivated, intelligent, eager-to-learn staff and then train them. If you do that, it is not a cost; it’s an investment.’
7:35 – 💬 ‘You fear that because you are investing money into people, they will leave your company and go elsewhere. The fact is that’s true; they might.
16:31 – 💬 ‘You expect people to not make mistakes along the way. But when you do it, you procrastinate, mess up, and try again. But you accept that because it’s you. You always need to expect some things to take double or even more to achieve the results you’re hoping to.’
18:26 – 💬 ‘Your role is to support the person on the implementation. It’s about giving them the vision you hope this will achieve for your business.’
29:57 – 💬 ‘You have to put it on a pedestal that this task is the highest priority for five hours a week…when they realise how serious you are, they’ll do it.’
34:59 – 💬 ‘Doing the course content benefits the person doing it. Implementing the course content is benefitting you as a business.’
50:34 – 💬 ‘If you go into a course, then expect that they’ve taken all of their knowledge and broken it down into bite-size chunks, hopefully in a logical and useful order, to be able to get you to the result your looking for as quickly as possible, without getting overwhelmed.’
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ABOUT THE HOST
Steve used to be a slave to his business, but when he moved to Sweden in 2015, he was forced to change how he worked. He switched to running his businesses remotely. After totally nailing this concept, he spent his time helping other small business owners do the same. Steve’s been investing in property since 2002, has a degree in Computing, and worked as a doctor in the NHS before quitting to focus full-time on sharing his systems and outsourcing Methodology with the world. He now lives in Sweden and runs his UK-based businesses remotely with the help of his team of Filipino and UK-based Virtual Assistants.
Most business owners are overwhelmed because they don’t know how to create systems or get the right help.
Our systems and outsourcing Courses and coaching programme will help you automate your business and work effectively with affordable virtual assistants. That way, you will stop feeling overwhelmed and start making more money.
How Do You Avoid Wasting Time And Money On Courses Or Coachings? Let us know in the comments!
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