In this article, we’re going to learn about how and why it’s important to create a Minimum Viable Product (MVP). The principle behind an MVP is to test and validate …
You’ve now done a lot of the critical thinking that will lay the foundations for an initial business plan. While many business owners get started without a clear business plan, …
In traditional marketing theory, choosing your target market would be primarily based on demographics, for example, gender, age, occupation, income, or location. However, given all that you now know about …
In this article, you will learn more about setting wellness goals. There are many reasons for setting goals in business. These are mainly to avoid becoming overwhelmed by all the …
One critical element that every business needs is a product or service that customers actually want. Not only do they need to want it, they also need to be willing …
Now that you’re starting to think about the different ways of formulating an idea for your business in the wellness industry, you’ll need to also consider whether your idea lends …
It is now time to identify an opportunity in the marketplace. This should be done by combining your own knowledge and passion about the wellness industry and everything you’ve learnt …
In the previous courses in this ExpertTrack, we introduced you to the wellness industry, including the key sectors, trends, and driving forces behind its growth. In this course, we’re looking …
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 …
It is important to understand at this stage, that building a successful business in any industry, including in the wellness industry, will require a big commitment of both time and …
In this video, you’ll hear from three founders in the wellness industry talk about how mentorship, previous experience working in other startup businesses, or seeking out advice from others, has …
When the difficult moments strike, and they inevitably will, you will need to return to your ‘why’. This simply refers to the fundamental reason that motivated you to take such …
When you are building a business, there is a lot to think about, act and deliver, especially when you have ambitious plans and goals. It can certainly lead to exhaustion …
As an established brand, one of the most empowering philosophies you can adopt when operating in the wellness industry is ‘collaboration over competition’. This doesn’t mean you give away all …
There are many benefits to be found in forming strong and long-lasting connections in the wellness industry. As you’re starting out, having a strong network might be the foundation upon …