Entrepreneurship Advantage is a training and consulting firm whose mission is to empower dislocated, downsized and otherwise disenfranchised individuals to become independent, and economically self-sufficient. Through partnerships with corporations, state and local governments, colleges and universities, we empower individuals, revitalize communities, and help create new jobs.



FAQs

Who needs Entrepreneurship Training?
Anyone and everyone who is interested in starting a new business. Starting a new business is hard work, harder than working for someone else. You have to wear a lot of hats, the CEO, the HR Executive, the Chief Marketing Officer, The Chief Technology Officer, the Chief Financial Officer, and then you have to be involved in actually delivering/ providing the product or service that you are selling. And then there is so much to think about: website, domain name, legal entity, business insurance, trademarks, employment agreements, workman’s comp, and the list goes on.

What can Entrepreneurship Advantage do for me?
Aside from the passion, the drive, the work ethic, and the perseverance, which you have to bring to the table, EA provides the rest. We give you all the resources you need, the information, the knowledge, the skills, the thinking process, the support, the coaching, the networking, to help you launch a successful business. And then with a little luck (or however you define that unknown factor) you will be empowered to be successful!

Is it expensive?

It definitely is an investment in your business, in terms of both time and money. From a financial perspective, you are only paying $22 per hour for:

  • 198 hours of in class training
  • 3 hours of free consulting during class
  • 6 hours of free consulting for first 3 months after class
The questions for you to evaluate are:
  1. how much time and money will you have to spend over a 3 month period trying to find the answers to all your questions?
  2. how valuable is a one-stop resource?
  3. how valuable is it to tap into an existing resource network?

Is it time consuming?
Absolutely! It is important that you build into your life, for a 6 month period, an intensity that you may not be used to. Six hours per day, three days per week for eleven weeks you will participate in a highly charged, fast-paced “think tank” to develop your business plan. After the classroom training is over, you will move into focused execution of your plan with EA’s support for the next three months.Starting a business is not for the faint of heart. We are about empowering successful entrepreneurs… people with a passion and a vision and a strong desire to succeed!

What if I don’t get accepted into the program?
If you don’t get accepted right away, it will only be because we think that the best way we can support you is to suggest you do a little more pre-work. It could be that you may need to hone your computer skills a bit, or put your support network in place to help with the intensity, or it could simply mean that you may need to focus your concept a little more before taking the class. We will guide you through that process so that you can re-apply, and we will offer you other programs as an interim or alternative step. We are dedicated to empowering people ― not rejecting or excluding them.

How do I know if my employees are interested in entrepreneurship?
The research says that roughly 8% of dislocated workers are interested in entrepreneurship rather than re-employment. With the average layoff event impacting 200 employees, it is likely that 16 or more of your employees will be interested in starting a business. It will be important that early in your process you begin to communicate to your workforce that your company is interested in empowering each employee’s transition and offering an entrepreneurship training alternative. Then we will host information sessions and individual coaching sessions to help your employees determine if entrepreneurship is the best “next step” for them personally and professionally.

What if it turns out that we have many employees interested in entrepreneurship?
If your company has more than 15 employees interested in entrepreneurship, we will customize and schedule additional entrepreneurship classes just for your company’s employees.

If EA is offering training to our constituents, how will we know how they are doing for our reporting requirements?
EA will provide tracking for each of your constituents. We will work together to develop the criteria for measuring progress, and EA will report on a monthly and quarterly basis as to how your constituents are progressing through the program and the start-up and growth stages of their businesses.

Can EA provide consulting support to our students?
We are interested in developing partnerships with universities and colleges to accelerate the growth of new business enterprises. To that end, we can develop a relationship where your students can have access to our resource directory, our consultants, and our workshops and seminars.