Diploma in Service Business Entrepreneurship: Scale to 1 cr Per Year
This course is recognized by the National Skill Development Corporation, a PPP under the Ministry of Skill Development and Entrepreneurship of the Government of India. You will receive a certificate cobranded by NSDC and Skill India on successful completion.
If you do not like or benefit from the course, you can get a 100% refund after 30 days of full participation. Read the refund policy here
No prior technical experience is required! All you need is a computer! Enroll now
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6 Month
6-8 hrs/week
Rs. 66000
Price
View syllabus
If you do not like or benefit from the course, you can get a 100% refund after 30 days of full participation. Read the refund policy here
Have you ever thought of launching your own 1cr/ year services business? What stopped you?
Do you fear the risks involved?
Did you think you can’t do it without capital?
Do you believe that you do not have the entrepreneurship mindset?
Are you unsure about what services you can offer?
Are you afraid of failing?
You can become a service business entrepreneur with zero capital and without an Ivy League or premier B-School MBA.
Syllabus
What does a 1 cr/year business look likeWhat are the departments of a businessWhat are the revenues, margins and costs likeHow much does the founder take homeHow much needs to be reinvestedOverview of scalable and non-scalable businesses
Tools for building a community: Discord, Whatsapp, Telegram, FB, LinkedIn, etc.How to get your first 100 members, 1000 and then 10,000How to reach out to networks of successful people to build your communityHow to add value and nurture a communityHow to get feedback on your ideasBest practices for content moderation for mental peace and time savingHow to facilitate members to contributeWhen to weed out miscreantsHow to use your community to identify your first offer
How to select your niche, find ideas & problems worth solvingHow to conduct market research and identify customer pain pointsHow to validate your idea and get your first 3 testimonialsHow to create your ideal client persona based on market researchHow to create the customer’s buying journeyHow to create your first offer
Hourly vs. Lump sum pricingBlended modelsWhen to charge low and how to increase your pricesHow to add appropriate disclaimersHow to use discounts & advance to increase conversion ratesHow to identify new services that can be scalable
What incentives to create to generate referralsHow to track referralsHow to create an upselling and cross-selling processHow to move clients to high-ticket services to increase ARPU
Components of irresistible offersHow to implement your first marketing funnelTrust building measuresReferral, cross-selling and upselling flywheels
Types of stories: Personal origin story, Conversion story, Employee stories, Client/customer success storiesStructure and format of a storyHow to identify the top 10 stories in your life to kickstart your businessHow to create stories that are highly emotional and move audiencesHow to deliver stories emotionallyHow to move audiences to take action with storytelling
When to ask for testimonialsVideo, text and image testimonialsWhere to place testimonials for maximum leverageHow to document a case studyHow to use testimonials and case studies to sign up new clientsTools and processes for securing testimonials continuouslyHow to maximise benefits from reviews (if you run a B2C service business)
Top 5 financial metrics & how to measure them: Customer Lifetime Value, Average Revenue Per User or Ticket Size, Cost of Acquisition (CAC), EBIT and PATHow to increase customer lifetime valueWhat should your target Return on Ad Spend be and how to measure itHow to avail financial support for services businesses - Unsecured credit, revenue based financing and supply chain financing (where applicable)How to collaborate with 3rd party finance partners (B2C) to facilitate customer payments and grow fasterWhen to consider SME IPO
How to maintain top of mind awarenessTOFU, MOFU, BOFUAwareness, interest, desire, actionPopular marketing funnel tools and buildersHow to get potential clients into your marketing funnelHow to set up your first marketing funnelEmail funnels, whatsapp funnels, omni-channel funnelsLead revival and re-engagement funnels
How to step up your social media presenceHow to set up your own website without hiring a developer or wasting 90 daysHow to set up a blogGuest postingHow to improve Google Search rankings through organic SEODirectory listingsHow to create your first brochure for your servicesHow to implement your first 3 marketing funnelsHow to create your first lead magnet/whitepaperTools to configure a call-booking systemHow to write your first proposal
How to document service delivery when you personally deliver itHow to create your first trainingHow to set benchmarks for your serviceHow to create processes and workflowsHow to audit the functioning of a processHow to hire & train auditorsHow to evaluate whether the audit process is working
Why service business owners hate support & how you can automate itHow to implement an automated tool for email & phone supportHow to create your first training for your VA/support repHow to quantify measurable standards for service deliveryHow to measure the quality of your service when delivered by othersWhat are the top support and satisfaction metrics to measureWhat are the top MISes you needUnderstanding NPS and CSATHow to conduct audit of services and delivery when you expandHow to detect when the metrics are lyingHow to identify customised success metrics for your business & test if they’re correctly working
How to set a business vision for the next 6 months - 1 year at a timeHow to align the teamWhat are the top metrics to trackWhat are the top MISes that you need to buildIdentifying key areas and roles for the next level of growth
What are the top team members you needWhen to make your first hireEmployer brand building so that you can become a talent magnetHow to create your first interviewing and selection process and document itHow to network with collegesWhen to stay away from hiring platforms and headhuntersHow to create your first internship programHow to hire mid and senior level talent
How to give a mission statement to every team memberHow to set effort-based and outcome based metricsHow to track attendance, time and effort through toolsHow to structure compensation and incentives plansHow to set up an Employee Stock Option PlanHow to conduct weekly meetingsHow to manage remote teams through data and delegation (no politics)How to deal with performance (without drama)How can LawSikho/SkillArbitrage help you in the process of hiring talent
Basics of cultureWhen to give promotionsHow to onboard mid-level & senior level team membersHow to transition out when others are taking overHow to measure results after you have moved outWhat kind of mentorship and coaching systems you need to implement for the cycle to continue
Incorporation: LLP vs Pvt. Ltd.Annual compliancesContractsEmployee or other company policiesIncome tax (personal, for employees & for the business, including TDS & advance tax)Income tax and GST on foreign earningsLegal & consumer noticesNegative reviews, online reputation management and defamationSetting up a Delaware C CorpWhen to seek external professional assistanceHow to select the appropriate service providerHow to determine the budget and measure deliverables
Course Plan
Above prices are inclusive of all applicable taxes and charges.
Printed study material (by courier)
2 practical exercises per week (26 weeks)
1 online live class/week (26 weeks)
Get digital access to entire study material
Access on LMS, Android & iOS app
Instructor feedback on assignments
Doubt clearing sessions
Instructor led course with online live classes
Online exams (give exams as per your convenience on given time slots)
Certificate (by courier)
CV enhancement
Coaching for professional networking
Pitching tutorials
Scope for networking
Content access for 5 years
Doubt clearing within 24 hours
Top performers are recommended for client opportunities
Diploma in Service Business Entrepreneurship: Scale to 1 cr Per Year
At Lawsikho, we also offer EMI plans in collaboration with our partners, making it easier for you to finance your courses. To learn more and check your eligibility, simply fill out the form, and our team members will connect with you for further information and next steps.
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