Have you noticed all the ordinary people, like you and me, starting online businesses? Working from their laptop on a beach? Making tons of money?
In this post I am breaking down how to tap into your knowledge, skills, experience, and passions to start an online business.
What your hidden (or not so hidden) expertise, knowledge, skills, and passions are and how you can use your awesomeness.. to start an online business!
The number 1 mistake that people make that guarantees that their business will fail!
Ensuring your business idea is profitable and has customers! (Validating your ideas!)
Before we get going, here are two people that are killing it after starting their own online business.
An e-book on how to have a Disney World vacation for a fraction of what others pay.
Your Passion Turned Into An Online Business
What knowledge have you acquired? (think classes, courses, college)
What skills have you developed? (digital marketing, graphic design)
Have you faced any challenges? (gut health, domestic abuse)
Are you known for anything specific within your group of friends? (planner, events)
What do other people struggle with?
Do friends or family come to you for advice?
What would you enjoy doing every day?
Packing for long term travel
Making Goals & Achieving Them
Retain Information Quickly & Remember It (mind like an elephant)
Great Gift Buyer!
What is the number 1 thing that aspiring entrepreneurs do virtually guarantees that they will never make money online??!
Not validating their business ideas!
“The biggest mistake we made was being completely encumbered by this vision of what I wanted it to be… instead of focusing on the one piece of the product that people actually liked. You ’re way too dumb to figure out if your idea is good. It’s up to the masses. So build that very small thing and get it out there and keep on trying different things and eventually you ’ll get it right.” -Andrew Mason founder of Groupon
We all think we are too smart to buy a low grade item online, until it is OUR idea. Convincing yourself that your business idea is amazing and not validating it… This could result in failure!
How do you find out if your idea is profitable and there is a large enough customer base?
Over the course of the next two weeks you will need to find 10 people that could be potential customers. When I say potential customers, they would have a need for your item. You would be solving a pain point or challenge that they have!
You are going to “interview” them.
If you are thinking, “Where do I even start?” I got you covered. You will need to seek out:
- Co-workers or old co-workers (ask if they know anyone)
- If there are people using similar products that you want to launch
- Facebook Groups
- Solicit on your social media pages
The goal is to set up calls with 7-10 of these people. You will need to set up 20-30 minute phone calls, I highly suggest doing video calls and recording the calls.
90 Days To Start Your Online Business
Passion To Profit 90 Day Mastermind
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