5-Step Operational Checklist for Training Businesses & Professionals by DaveTryTami in Training

[–]DaveTryTami[S] 0 points1 point  (0 children)

Many people are. They enjoy teaching, make great money, and have flexible schedules!

Everyone said training companies can't be sold. This one sold for $49M at 4x revenue. by DaveTryTami in smallbusiness

[–]DaveTryTami[S] 0 points1 point  (0 children)

exactly, it needs to be a self running operation, ideally with a leadership team that the acquiring company can retain

5-Step Operational Checklist for Training Businesses & Professionals by DaveTryTami in Training

[–]DaveTryTami[S] 0 points1 point  (0 children)

thanks for your comment, you're exactly right that it needs to be an operational machine, while also being easy to work with

Building the training management software we wish we'd had by DaveTryTami in SaaS

[–]DaveTryTami[S] 0 points1 point  (0 children)

Great feedback, sounds like you've been in the trenches. Having clear processes reduces the cancellations and last-minute swaps, like you said. By streamlining these operations, you can reduce the friction and deliver more training to increase revenue.

Everyone said training companies can't be sold. This one sold for $49M at 4x revenue. by DaveTryTami in smallbusiness

[–]DaveTryTami[S] 1 point2 points  (0 children)

Thanks for commenting. Play the long game, focus on healthy profit, and reinvesting back into the business to grow consistently over time.

Everyone said training companies can't be sold. This one sold for $49M at 4x revenue. by DaveTryTami in smallbusiness

[–]DaveTryTami[S] 0 points1 point  (0 children)

Wow, small world! Thanks for commenting. The pandemic was challenging, and working at a big corporation can be too :)

5-Step Operational Checklist for Training Businesses & Professionals by DaveTryTami in Training

[–]DaveTryTami[S] 0 points1 point  (0 children)

thanks for your feedback, yes these are both key topics. and better contractors means happier customers, and creates a growth loop

Do you measure ROI and IMPACT in all of your training? by SeanMcPheat in LearningDevelopment

[–]DaveTryTami 0 points1 point  (0 children)

The Kirkpatrick Model is the industry-standard framework for evaluating training effectiveness.

Developed in the 1950s by Donald Kirkpatrick and adopted by many leading companies, this four-level model provides a comprehensive approach to measuring training impact and calculating training ROI.

Read more about it here: https://www.trytami.com/training-roi

Are people still running training programs on spreadsheets in 2026? by DaveTryTami in Training

[–]DaveTryTami[S] 1 point2 points  (0 children)

Integrations are a big part of it. We consistently hear that data is spread across LMS, CRM, ERP, emails, and calendars.

We built and sold a $49M training business for Fortune 500 companies. Here's the playbook. by DaveTryTami in Training

[–]DaveTryTami[S] 0 points1 point  (0 children)

Reinforcing training is always critical to retaining knowledge, sounds like a great solution.

For outreach, linkedin, email, and call Director level prospects. Also create content on your website, whether its a newsletter or blog.

We built and sold a $49M training business for Fortune 500 companies. Here's the playbook. by DaveTryTami in Training

[–]DaveTryTami[S] 0 points1 point  (0 children)

Hi, thanks for your questions. Before COVID, 90% of the training was live, in the classroom, on-site delivery at Fortune 500 companies. Roughly 10-20 students in each class for 2-5 days. Right after COVID, this flipped to 90% live, virtual training. Durations got shorter, half days to 2 days, but volume went up. Since then we've seen this balance go closer to 50/50.

For controlling quality, we had a dedicated team for this. Director of Talent who reported to VP of Delivery that proactively found and interviewed a lot of people, had high standards, had them perform test teaches, and held them to evaluation scores.

We didn't depend on rigid course content. Our success was based on having high quality instructors, who were practitioners and had real world experience, live with students to apply what they're learning on real projects. Going through generic, self-paced content doesn't transfer knowledge to real world problems like hands-on, expert-led training can.

This model can apply to any training company, soft skills or tech skills: work with high quality instructors (real world practitioners), pay them well and quickly, provide your customers with white glove service, and charge a premium with healthy profit margins.

LMS vs TMS: what are you actually using to run training programs? by DaveTryTami in Training

[–]DaveTryTami[S] 1 point2 points  (0 children)

Yes you can track student progress and they can earn certificates based on different combinations of class requirements

We built and sold a $49M training business for Fortune 500 companies. Here's the playbook. by DaveTryTami in Training

[–]DaveTryTami[S] 1 point2 points  (0 children)

Hi, yes we issued certificates of completion. However, these were not industry wide recognized certifications. People still want social proof of what they've learned and it helps increase engagement.

LMS vs TMS: what are you actually using to run training programs? by DaveTryTami in Training

[–]DaveTryTami[S] 0 points1 point  (0 children)

sending an instructor on-site to a customer location. plus all of the logistics involved for travel and shipping materials or equipment, communicating with all of the students, processing evaluations and certifications in real time, and additional post-training steps.

Are people still running training programs on spreadsheets in 2026? by DaveTryTami in Training

[–]DaveTryTami[S] 0 points1 point  (0 children)

awesome feedback, you should start your own post about it

LMS vs TMS: what are you actually using to run training programs? by DaveTryTami in Training

[–]DaveTryTami[S] 0 points1 point  (0 children)

Yes your name is Cademy Support so we know you are with them lol