Sunday, February 26, 2023
Are you looking to start an online business but don't know where to begin?
Don't worry, I've got you covered.
In this blog post, I will share with you how to start your online business in just 30 days.
All you need is determination and a willingness to learn.
Opportunity Is Everywhere
Opportunity is everywhere – just look where you can create value.
All you need to do is create value, hustle hard, and your potential is limitless.
I believe the best way to help others is to work hard, provide value, experiment, share the truth and lead by example.
That’s what I’m about, and that’s what my goal is for this website.
I'm sharing my knowledge and experience to help you grow both personally and grow your wealth with an online business.
What is an Online Business?
An online business is a great way to sell products, supplies, and services, process payments, collaborate with business partners, share information, and more.
One of the biggest advantages of an online business is that it can project itself globally and not just locally.
It is much cheaper and more economical to start up an online business.
What is Passive Income and Why it's Really not Passive?
Passive income is anything that doesn't require you to trade your time for money.
If you're paid by the hour, it's not passive income.
Don't get me wrong, trading time for money isn't bad either.
Consulting can provide a great revenue stream as well and it can sometimes provide you with seed money for other projects.
There are many ways to generate a passive income.
Some of the more traditional approaches include generating income from a rental property or dividends from an investment in other businesses where you're not materially involved.
This form of passive income usually requires a large amount of money(capital) to invest to generate an income you can actually live on.
Yes, you can let the systems work while you sleep but from my experiences, whether you are just starting out or making $100,000 per month, entrepreneurs just want to keep learning & growing.
Making a passive income online is everything but PASSIVE. It takes a lot of work both in learning what you need to know and then executing on that knowledge to create streams of passive income.
The more time you invest in reading and learning, the more successful you will become. Online entrepreneurs invest their time upfront in creating valuable products, services, and experiences so that we work hard now to continually reap the benefits in the future.
What Do You Want?
Do you know what you want?
What are your goals, your purpose?
Successful online entrepreneurs and achievers in all fields all set goals.
Setting goals helps you define your long-term vision and they provide you with the short-term motivation to get where you want to go.
Goals focus you on getting the knowledge you need to succeed and they help you to organize your time and resources so that you can create the business & life you want.
Getting Your Online Business Setup to Operate on a Global Scale
Representing yourself professionally is important if you want to be taken seriously.
You need a relevant business domain name, email, and website for starters.
I recommend getting Google Apps for Business as your foundational infrastructure.
You get a professional email, online storage, shared calendars, video meetings, slides, docs, spreadsheets, and more.
A note on automation and Integration - I don't want to get too technical but this can save a lot of frustration in the future.
When researching and choosing resources like accounting software, marketing applications, and payment providers, you will want to keep in mind integration capabilities.
You want to choose software vendors that have an API that will allow you to pass data to and from other applications like your accounting software.
The more integration capabilities, the more automation you can implement like adding leads in your your accounting software, saving you the time of entering the same information twice.
Who is Your Customer?
Every successful business has found its product market fit.
That means that the product or service you are selling has a specific buyer that wants and needs it. When this partnership occurs, it's called the Product/Market Fit.
To have the best possible chance of figuring out and profiting on your Product/Market Fit will have to start with developing Buyer Personas.
Buyer Personas are similar to what many people call their "target market" but they're much more focused on the individual person rather than an entire market.
What Kind of Online Business Should You Start?
If you don't already have a business idea, I would start with asking yourself what are you interested in, knowledgeable in, and even passionate about?
This can sometimes be the hardest part of deciding where to start. Try not to let this stop you.
Starting something is better than not starting at all.
If you need some ideas, you can check out the "Ultimate List of Business Ideas: 100+ Ways You Can Make Money Working From Anywhere" for some inspiration on startup industries.
Starting an online business can be a daunting task, but with determination and the right tools, anyone can do it.
By following the steps outlined in this blog post, you can start your online business in just 30 days.
Remember to set your goals, represent yourself professionally, and focus on your target market. Good luck on your entrepreneurial journey!
Tuesday, February 28, 2023
Sunday, February 26, 2023