Camden, NJ- On November 14, 2018, entrepreneurs of class 82 had their last Entrepreneurial Development Training Program (EDTP) class. In this class, the highlights of the EDTP was about what was learned, what each entrepreneur’s Ah-ha moment was, what was the most favorite class and what the biggest challenge was during this program. Before these questions were discussed, Annabel Soto, Office Administrator congratulated the class for completing the program and for all the hard work that each entrepreneur had done along the lines of letting the entrepreneurs know that the doors of LAEDA are always open for them for help and or guidance.
For many their life is their business, thus it is up to the entrepreneur to make things happen. It is vital to know which resources, knowledge, mentors, etc. are available for assistance. “Don’t stop learning and always keep improving,” Annabel stated.
In order to fully begin the business journey, an entrepreneur must take on a business mindset and learn about different areas of the business. During the EDTP program, entrepreneurs are put into a position to learn many of these things. When asked what they specifically learned, all the entrepreneurs shared their experiences. One person stated that the program taught him “what to do and what not to do and the teachers and LAEDA staff were phenomenal”. All felt that the program provided them with a complete package, including how to create a business plan and how to structure the business.
With the guidance of having a business plan, knowledge, and a support system, an entrepreneur can move closer to success each and every day. For instance, an entrepreneur expressed, “The program was enjoyable because it provided us with a lot of knowledge in the different business areas. The record keeping class really helped to bring the business components together and how to keep it together.”
The Ah-ha moments amongst the entrepreneurs were many. One person expressed that there was a lot of knowledge to grasp and put together, but with the right balance and help of LAEDA staff it was possible. Another spoke about how coming out of your comfort zone is a must if you want to get anywhere. One other person mentioned that “all the marketing components were eye openers and doing all the homework that the teachers and LAEDA staff gave helped each us to structure our business and put all the parts together”.
When the discussion of the favorite class aroused, each entrepreneur stated that all classes were so fulfilling and knowledgeable. They felt the classes helped them create a routine for reviewing and analyzing the business concept. For many of the entrepreneurs, the accounting class helped to balance the numbers and put the business into perspective. “Being organized and making sure your finances are in check are important,” Annabel explained, “When you know what is coming in and what is going out then you know your profit and it will help you determine your success.”
The significant challenge that stood out amongst the class was being able to get through the classes and complete the program while balancing all of life’s challenges; however, they all believed they had a support system including their peers and counselors. They emphasized that sacrifice is vital in order to build your business and that the program went beyond their expectations, especially with all the knowledge, help, and support the teachers and LAEDA staff provided. “Challenges are always going to be coming and some might knock you down, but it is important how you get back up and keep going,” Annabel added to the conversation.
Afterward, Jamila Powell, Program Director- Women’s Business Center spoke about the LAEDA graduation and what the entrepreneurs should do in order to join the ranks of LAEDA alumni. “Graduation allows you to become a part of a network with many different entrepreneurs who have been in your shoes.” Creating these networks allows for supporting others and building relationships which is vital to prosper and succeed in the entrepreneurial world.
Annabel concluded the class with a valuable sentiment, “Do not get stuck in the same routine because then you cannot get any further than you are now.”
LAEDA offers seminars and short-term course in various counties of South Jersey throughout the year. A long term course is also offered three times per year where entrepreneurs receive 72+ hours of training from industry professionals, business planning, and business counseling. The program is free, but you must qualify. LAEDA welcomes you to join our community of successful entrepreneurs. Visit our website at www.laeda.com or call (856) 338-1177 to learn more.