Millennials -  How and why to start an Online Education Business

Millennials are anyone born between 1981 and 1996.   During that time, we have seen a lot of changes.  The world has changed substantially with –

  • The rise of the internet
  • The rise of social media
  • COVID-19
  • Technology generally
  • An increase in online and distance education

These changes present a massive opportunity to the right person.

But it is more than that. We have seen a generational shift.

  • People are now changing jobs and careers more often.
  • People do not come out of education and stay in the same job or career for the rest of their lives anymore.
  • They tend to change jobs more often, on average every two to five years.
  • They may also change careers more than once during their lifetime as well.
  • More and more people are setting up their own businesses, wanting to work for themselves.

Research by Godaddy  found that –

  1. 74% of older generations were not interested in starting a small business.
  2. Many of these see starting their own business as too risky.

But the millennials, well, they see things a bit differently -

  • 30% of millennials have their own business on the side of their main work
  • For 19% of millennials their own business is their main source of income.
  • 84% of them are more satisfied working for themselves than when they worked for someone else.
  • Only 31% of employed millennials are satisfied with their income 
  • 92% identify flexibility as a priority in a job 
  • 46% are planning on starting a business within  the next 5 years 

 

 That means that nearly a 1/5th of millennials are already working for themselves and a large percentage of them are very happy about it   and many are thinking of starting one shortly !  

 

Are you Up to the Challenge?

Running your own business is not easy. But if you are a millennial and

  • Are dissatisfied with your current job, career or plan
  • Or perhaps just leaving education and not sure what to do

Why not consider setting up your own educational business with ACS? We supply all the course content , the LMS (learning management system) , procedures and assets necessary for you to begin your business. You just choose the courses you want to market and sell and get your front end website and branding etc setup.  Its that easy !  

 

Turning Dissatisfaction to Satisfaction

People change career or jobs because they are not satisfied. They want more money, more status, more recognition, a more interesting or rewarding job. 

 

Not being satisfied is not a negative thing. It means that the person wants to do more, to achieve more. 

 

If a person trains to be something and then finds that it is not what they expected, they may want to move on, get a promotion, start their own business.

Dissatisfaction can help to push us on to achieve, to develop, to improve.

 

Starting your own business can be a way to change that dissatisfaction to job satisfaction.

 

Starting your own business means –

  • You can work in an industry that suits you and your interests.
  • You can work as many or as little hours as you need to.
  • If you do not enjoy something, you can try working in a different way, trying to evolve and develop your business
  • You can work from home or an office or wherever you want to really.
  • You can grow the business as much as you want to.

The added advantages of starting your own business is that the business is yours to develop and grow as YOU want to. You might want a small business or a nationwide business or a multinational one. 

 

With ACS Distance Education, there are no limits to the opportunities available for where you can sell courses.

 

Why set up an online education business?

As we said at the start, the world has changed.  Social media, the internet and online technology has meant that more courses are now available online.

Today, technology and entrepreneurship tend to be mutually exclusive. There are not many businesses out there today that do not have at least a website or social media presence. Millennials have grown up with this technology.

  • 50% of millennials think that growing up with technology has helped them to become entrepreneurs.
  • 66% think they are capable of the use of marketing and social media to grow and develop their business.

It is not just about technology though. The way that people want to study has also changed -

  • More people want flexible learning. They want to study when and where suits them.
  • As people change jobs and careers more often, they will need to retrain. Education has literally now become lifelong learning.

COVID-19 meant that people who had never studied online before realised its potential. Not everyone had a good experience of online education during that time. Part of the problem here was that many traditional education providers were suddenly forced to put their education provision online for the first time. Many were not ready or lacked the skills to do it.  This is when distance learning providers, like us, came into their own. We have 43 years experience of distance education.

The internet and COVID-19 have led to a massive growth in online education in the last few years and this growth is predicted to continue.

Running an education business therefore offers you a great opportunity in a growth market.

 

What do you need to start your own business?

Anyone can start their own business really, but not everyone can run a successful and long-term business. 

To be successful, you need to be –

  • Enthusiastic
  • Interested
  • Have the time to commit to the business
  • Be good at finding out opportunities and niches where you can promote your business
  • Have a good knowledge of social media
  • Have a good knowledge of the internet
  • Understand how to promote products to get students
  • Good with people
  • A good verbal communicator
  • Be a good writer – writing social media posts, press releases etc

To start a business with ACS, you don’t have to be an expert in all of this straight away. We are there to help you grow and develop your business and gain experience in these areas. We have been doing this for 43 years, so we know what we are doing.

 

Does this sound like you?

If you are a Millennial, you are most likely experienced in social media, the internet, verbal and written communication. 

You are hopefully enthusiastic and keen to start and develop a new business that will suit your lifestyle and talents.

If you have the time and energy to commit to starting your own business, why not get in touch?

 

Selling ACS Distance Education courses does not have to be a full time job. 

 

You could –

  • Start up your business alongside your existing job or career, developing ACS “on the side.”
  • Work part time selling ACS courses.
  • Set up your own business and work full time promoting ACS.
  • You might work alone or you might work with other people or even employ people to work with you.
  • ACS Distance Education is a flexible business.

You will get out of it what you put into it.

  • If you are a hardworker
  • If you are keen and enthusiastic
  • If you like variety and opportunity in your work
  • If you want to run your own business
  • If you want to hear more about the advantages of becoming an affiliate with ACS 
  • If you want to work in a growth industry, with massive potential.
  • If you want a chance to develop a business to suit you 
  • If you want to find out how start an online school

Contact one of our Affiliate Managers to discuss how this business model can work for you  



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What our clients say

We've been working with ACS over the course of the last three years. Being able to mix and match content to suit our students' needs has been extremely useful. With their material in combination with our own in house tutor service we have been able to provide a complete online learning service which has helped us expand our student cohort and advance our teaching techniques! We are thankful that we have had them as a partner throughout our time in the industry and look forward to many more years of growth together.

Jason T - Director, ACS Partner College (Affiliate)

ACS Distance Education have been fantastic to work with over our first 12 months as a start-up online short education affiliate.
They provided immense support in the foundation period ensuring we setup the best support mechanisms for students and engaging quality tutors.
ACS have continued to be receptive to feedback and promptly moved to make improvements wherever required.

David C - Director, ACS Partner College (Affiliate)

Having access to ACS' extensive library of digitalised education content has allowed us to scale our business quickly and efficiently. Their LMS is easy to access and manage, whilst also providing the consumer (student) with a professional and easy to use experience. John and Kate have always been a pleasure to work with and are quick to provide support when it is required."

Andrew O - Director, ACS Partner College (Affiliate)

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