1. Establish the Vision: Define your core purpose, mission and value proposition.
2. Do Market Research: Determine the needs and opportunities in your target market.
3. Develop Your Branding & Messaging Strategy: Create an identity that resonates with your potential students.
4. Create Your eLearning Platform: Choose the most suitable technology for delivering your content and setting up user accounts.
5. Secure Funding Sources: Develop a plan to finance your business’s activities and cost structures.
6. Develop Your Content Strategy: Determine the courses, modules, topics, and other learning material you will offer.
7. Market Your eLearning Business: Invest in effective marketing campaigns that reach your target audience.
8. Monitor & Adjust: Track and assess the performance of your business to ensure it meets customer needs and remains competitive.