There would be mixed opinions about whether an entrepreneur should gain PMP certification or not. Well, a degree or certification mightn’t be useful for everyone, but at the same time it is considered to be highly valuable to many, and the same is the case with PMP training as well as certification. This article would be briefly discussing the entrepreneurial benefits of having project management training and gaining certification.
This article would be discussing, how learning project management could help the first time, entrepreneurs, startups founders, and small business owners.
Here it goes:
1- Project management as well as starting up a business would be actually closely relevant, i.e. starting a business itself is a kind of starting a project, so it is quite crucial for you as a startup founder for knowing and understanding:
Where do you want to take your business?
How long would it take to make it profitable?
How many costs are involved?
What risks do you need to take in order to make your dream come true?
Who do you need to communicate with?
How will you strategize and plan?
The PMP principles would be highly useful for making better decisions in the above situations and many other critical phases of business growth. Studying project management principles for a first-time startup founder could work as help in navigating the coarse waters.
2- PMP training could be increasing your entrepreneurial efficiency; as your business would be beginning to grow you would have to manage multiple projects, i.e. setting up the website, outsourcing, social media marketing and so on, and you would be required to make sure that all these areas would be working efficiently simultaneously.
3- Project management skills could increase the chances of success; most of the first time entrepreneurs aren’t highly skilled people, but they are going to have innovative as well as value-creating business ideas. Though the success in your first business venture which would be depending on various factors, learning as well as developing project management skills would surely improvise your ability to set aggressive and achievable goals for your startup.
4- Better project management would be helping you maximize profits with limited resources; since startup founders are considered to be generally the people who don’t have a lot of money, they would have to be the jack of all trades. Even if your business would have cleared the startup phase, and now you are an established small business, with better project management skills you could be making your business more profitable by consuming the existing resources at optimal.
5- With better project management knowledge, you would be able to learn the true essence of entrepreneurship; studying project management could be benefitting your business in a lot of different ways, but you would be learning two critically important things which you couldn’t learn otherwise, i.e. 1- Starting with the “end” in mind as well as 2- Procuring the help of others exactly when and how it would be needed.
6- Your business gains competitive advantage; learning project management being a startup founder or a small business owner is considered to be a big plus with which you would be able to gain a competitive advantage in the market too. You might also consider getting your product managers as well as other lead executives for gaining project management training; doing so would double the growth rate of your startup, however, you are required to look for a reputed local institution.
Now, if you would be willing to gain the PMP Certification, you are required to have the study dumps, which are being offered at the SPOTO Club to achieve success.
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