EP 15: Highs and Lows of Owning a L&D Company, Navigating Labor Laws, & the Future of ttcInnovations

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Why Learning Matters

In today’s fast-paced world, continuous learning is a game-changer for both personal and professional growth. Gone are the days when learning was just about sitting in a classroom. Now, it’s an ongoing journey that touches every part of our lives. Learning is what keeps us moving forward, helping us adapt to new situations and grab fresh opportunities.

Companies are catching on too. They’re realizing that investing in their employees’ development is crucial. A well-trained, knowledgeable team is the secret sauce to success. By offering training and learning opportunities, companies help their employees pick up new skills, stay on top of industry trends, and boost their performance. This isn’t just good for the individual; it also gives the company a competitive edge and ensures its long-term success.

Learning is a lifelong adventure that goes beyond age, job, or background. It’s the key to unlocking our potential and growing as people. Whether we’re mastering a new skill, diving into a passion, or expanding our understanding of the world, learning enriches our lives and broadens our horizons. It sparks curiosity, critical thinking, and adaptability – all essential for navigating the complexities of modern life.

Running a Corporate Training Company

Owning a business is a wild ride with its share of highs and lows. For Debbie Wooldridge, the toughest part has been dealing with the unexpected obstacles that pop up, demanding quick thinking and creative problem-solving. From economic ups and downs to changes in regulations, every hurdle tests an entrepreneur’s resilience and ability to pivot.

But amidst the challenges, the best part of owning a business is the personal connections and relationships formed with team members and clients. It isn’t just about the money; it’s a human experience that creates a sense of community and shared purpose. These bonds make the entrepreneurial journey truly rewarding.
Every decision Debbie made over the past 23 years has shaped her company’s path. She wouldn’t change a single choice because each one, whether a success or a setback, contributed to ttcInnovations’ current standing. Decision-making is like a dance, balancing risks with potential rewards and trusting your instincts to find the best path forward.

The Transition to an Employee-Only Model

Navigating labor laws and regulations can be tough for any business. For ttcInnovations, new Department of Labor regulations meant shifting from a contractor-based workforce to an employee-only model.
This wasn’t easy. The company had to quickly adapt and create a plan to comply with the new rules. They overhauled their policies and practices, investing a lot of time and effort into rewriting documents.

They also evaluated their workforce, interviewing each of their innovators to assess their qualifications for the new model. This process was time-consuming but essential for a smooth transition.
Despite the challenges, the team at ttcInnovations showed incredible flexibility and trust in their leadership. They understood the importance of adapting to the new regulatory landscape and embraced the changes with professionalism and dedication.

The Future of ttcInnovations

As ttcInnovations navigates the ever-changing training and development industry, they remain committed to growth and adaptation. They’re focused on staying up-to-date industry standards and adaptations in the tools for creating training. Their recent shift to an employee-only model shows their agility and proactive approach, ensuring compliance and positioning them as a forward-thinking organization.

They also invest in their employees’ growth and upskilling. This not only enhances their expertise but also ensures the company can provide top-notch services to its clients.

As the training and development landscape evolves, ttcInnovations is ready to adapt and seize new opportunities. With a focus on growth, compliance, and innovation, they’re well-positioned to remain a leader in the industry, delivering exceptional value to clients worldwide.

A Personal Moment

Amidst the whirlwind of running a business, Debbie Wooldridge found joy in a simple moment at the San Diego County Fair. Surrounded by the laughter and excitement of her husband and family, she captured a candid snapshot of this happy time.

The fair was a vibrant celebration of community. As Debbie strolled through the fairgrounds, she was struck by the infectious energy. Children’s faces lit up with delight at the rides and treats, while adults reminisced about their own childhood memories.

Reflecting on that memory, Debbie realized the importance of balancing professional and personal life. The fair provided a much-needed respite, a chance to reconnect with those who matter most and recharge for future challenges. It was a reminder that, no matter how demanding her career, there’s always comfort and warmth in the embrace of loved ones.

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Keep on Learning

EP 23: Service Delivery Team Meetup

Apple Podcasts | Spotify | YouTube This week we head to Kansas City to meet up with the heads of the Service Delivery Team at ttcInnovations, and they dove

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