Wrap-up of key takeaways

As you’ve seen throughout this course, there is a lot to understand about the landscape in which you’ll be launching and growing your business, as well as the practical elements for realising this dream.

You’ve got a strong foundation of knowledge about the wellness industry and the many opportunities it presents to you as a budding entrepreneur, and the benefit that the industry certainly shows no signs of slowing down.

The growth trajectory of the wellness industry will work in your favour, as you navigate this evolving landscape and find ways in which your product or service can solve meaningful problems for a growing number of people. With the additional benefits of innovation and the role of technology in developing new and exciting products, as well as enabling you to reach more people, the sky really is the limit.

Having learnt from some of the industry’s successful entrepreneurs in the case studies, you can now see some of the ways in which ideas are realised. There is no one fixed set of rules or a playbook for building a successful business, which is why we’ve explored the various scenarios for funding your idea, including from external sources or initial sales. You should, by now, have considered how your personal circumstances might influence the decision to go down either route.

It should also be clear, from what you’ve learnt, that building a successful business in wellness is dependent on having a team of passionate and committed individuals alongside you. Rest assured that whilst it can be a lonely journey being a founder, your goal is to surround yourself with other brilliant minds in the form of a team or network, so that you feel connected and supported.

You also now know that whilst there are many different ways in which to market your product or service, you have a limited capacity. This means you need to focus – which will be a recurring theme throughout your entrepreneurial journey. Having a positive attitude and a growth mindset will also have an enormous impact on your ability to enjoy the process, including the highs and lows that lie ahead.

Failures will be inevitable. But as you’ve learnt, it is how you deal with these failures that matters. You are going to need to see these as an opportunity to learn, or give up. This is the difference between a successful founder story and becoming a statistic.

With resilience, dedication, and a willingness to play the long game, there is a fantastic journey ahead of you. The wellness industry is thriving and your passion is needed more than ever. Armed with everything you have learnt so far, you are in a strong position to make a difference, should you decide to launch and grow a business in wellness.

The ExpertTrack is made up of four courses. While you don’t need to do them in any particular order, if you are planning on completing all four, the ideal order is as follows:

• Course 1 – Your Future in the Wellness Industry
• Course 2 – Becoming an Expert or Practitioner in Wellness
• Course 3 – Launching & Growing a Business in Wellness
• Course 4 – Job Opportunities in Wellness

What do you think?

How did you find the steps covered this week? What are the key takeaways you’ve learned? Is there anything in particular that has motivated or inspired you?

What are you going to do with the insights you’ve gained? If you haven’t thought about your next steps, now’s a great time to take stock and get planning.

Share your thoughts with your peers to see if they can teach you anything else or add to your knowledge and remember to help others as well!