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Blog 2018-10-02T23:21:39+00:00

6 Reasons Why Small Businesses & Startups Fail (Part 1)

“There’s no key to success; it’s a combination.” - Brad Lea, CEO of LightSpeed VT You already know that eight out of ten startups fail within the first 18 months. What’s the difference between the businesses that make it, and those that don’t? It’s a paradox: Every startup succeeds for a different reason. (Or, set of reasons.) But, the businesses that fail? According to Business Insider, those that fail almost always have one of the following mistakes in common: Poor financial management skills, or a poor understanding of cash flow. (82%) Starting out with too little [...]

Could Your Expertise Earn You Extra Money as a Subject Matter Expert?

Could Your Expertise Earn You Extra Money as a Subject Matter Expert? Everyone’s an expert in something, but can your expertise earn you extra income? Subject Matter Experts — sometimes called Consultants or Coaches — are sought after for their advanced understanding, and can be found across industries, including: IT and Software Office Productivity Project Management Personal Development Marketing Management Human Resources Finance & Accounting Design Sales “But, plenty of people [...]

More Than Compliance: 4 Benefits of Great Employee Training

More Than Compliance: 4 Benefits of Great Employee Training Does your company offer employee training? If your organization skipped on creating training resources to save money, it might be costing you a pretty penny. (A lot of them, actually). Here are the top four ways that training boosts your company’s success, customer satisfaction, and bottom line. 1. Cross-Training Helps Your Employees to Work Better Together Sometimes it’s tough for each of us to get the big picture — especially when we’re concentrating on doing the best we can in our individual roles. But, workplace tension doesn’t just make for [...]

6 Strategies for Effective Online Learning: Spaced Practice

6 Strategies for Effective Online Learning: Spaced Practice Online courses are gaining in popularity—and for a good reason. If done right, an online course can produce excellent results by improving your performance while being considerably cheaper than a traditional in-person class. According to a 2013 ASTD State of the Industry Report, 55% of training content across organizations deals with basic foundation concepts such as: Product Knowledge Policies & Procedures Compliance Training Onboarding Customer Service While foundational knowledge is essential to on-the-job performance, corporate training on these topics is often tedious and difficult to embed in employees long-term memories. What [...]

E-Reading vs. Virtual Training: Which Helps You Learn Online?

E-Reading vs. Virtual Training: Which Helps You Learn Online? Online courses are gaining in popularity—and for a good reason. If done right, an online course can produce excellent results by improving your performance while being considerably cheaper than a traditional in-person class. Also, unlike a one-time classroom session, the online courses containing e-reading are available to revisit as frequently as you want to brush up on the topic at hand. But, not every online training platform offers the same quality of learning experience. What makes the most significant difference? It turns out, it’s how an online course delivers information [...]

Raising the Bar: How Adaptability Breathes Life Into Every Industry

Raising the Bar: How Adaptability Breathes Life into Every Industry - By Zach Conley November 12, 1993, a day of infamy for any Karate or Taekwondo practitioner. Traditional martial arts had been around for hundreds of years. While each style had been adapted to suit various situations, they still held plenty of things in common—including the firm belief each was better than the rest. To determine which was the superior fighting style once and for all, eight martial arts masters agreed to face-off in a no-holds-barred tournament put on by the then-unknown UFC. The final event pit Jiu-Jitsu fighter, [...]

ABOUT LIGHTSPEED VT

Everyday, LightSpeed VT helps companies, trainers, professional speakers and entrepreneurial subject matter experts to maximize their training effectiveness, automate accountability, reduce costs and in many cases drive new revenue. We do this by delivering the ultimate in private-labeled interactive virtual training systems.

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