5 steps to starting an online business

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5 Steps To Starting An Online Business From Scratch

Starting an online business from scratch doesn’t have to be the hardest thing in the world. We’re quite honestly, spoilt for choice in this day and age when it comes to digital business.

There are hundreds of online business ideas out there today that we can capitalize on. This crazy level of choice we have coupled with the amount of noise we’re subjected to online can have a negative impact on us though.

How? Becuase It’s very difficult to know what you want to go for when we have too much choice. There are just too many variables involved.

Following these 5 steps will help keep you on the straight and narrow when you embark on your journey for online success.

I – Have a Plan of Action

plan of action

Navigating the digital wilderness can be a daunting thing. Most of us feel completely overwhelmed when we first find out about online business. That said, once you do find the type of business you want to start, it’s essential that you create a plan.

I’m not talking about a 40-page traditional business plan here. I’m talking basic roadmap so you know where you’re going. It doesn’t need to be anything fancy, but it’s a vital part of your online business strategy.

You can create a business plan on a simple excel spreadsheet, outlining your weekly and monthly tasks and goals. A simple table will suffice for this.

Something you need to be crystal-clear on, are the actions you’re taking. Are they actions that are money-producing? Will they have a direct impact on your bottom line?

If you’re spending 80% of your time tweaking the design on your website, you won’t make any money.

II – Get The Right Training

The right training in paramount to your success in any business venture. The knowledge you have on your chosen field of business will dictate the type of results you get. There are amazing training programs available for every type of online business.

Whether you’ve decided to go for freelancing, affiliate marketing, consulting or dropshipping, you’ll be able to find powerful training from people who have made a lot of money with these types of businesses.

III – Narrow Your Focus

laser focused

It’s tempting isn’t it? All those shiny objects you see out there. Marketers pulling you in with their irresistible promises of wild results from their programs.

If you want to successfully start an online business from scratch, you need to cut the noise. Once you decide to go for something, don’t give anything else the time of day.

Did you know that the average attention span is literally seven seconds now?

Focus is the currency of the 21st century. If you can cultivate a level of focus that lets you concentrate on a task at hand for hours without distraction, you’re way ahead of most people.

I know the offers people have are so tempting. They can almost make your methods seem redundant at times but it’s important to stick to your guns if you want to make solid progress and get results in a short space of time.

IV – Site Design & Content

Whichever online business you decide to go for, you’ll probably create a website as well as some content at some point.

Site design is becoming something increasingly important. Personally, if I come across a website that looks like it’s still stuck in the 90’s, I’m instantly turned off.

I hit that back button faster than you can say “click”.

The crazy thing is, building a beautiful website and crafting a memorable logo for your business can be done by literally pressing a few buttons. WordPress websites enable us to install themes on our sites at the touch of a button. A theme covers the look, design, feel and functionality of your website.

There are thousands of free themes for you to choose from so it doesn’t even have to cost anything.

Stumped on the type of logo you want for your brand? Logo design services like Juicy can create outstanding logo’s for you at reasonable prices. You really don’t need to do everything yourself!

V – Execution Is the Key

People are always looking for the “secret” to success. As if there’s some kinda magic ingredient that provides a shortcut to prosperity.

The truth is, there really is no secret at all.

The secret is hustle.

You gotta work hard to earn your keep.

Execution is what separates the men from the boys in the world of business. The people that put themselves out there and ruthlessly take action are the ones that reach success.

Don’t worry about perfect timing. It doesn’t exist. The stars aren’t going to align for you to create your dream life. You just need to take action and make it happen yourself.

Your days should consist of 20% learning and 80% executing on the things you’ve learnt. The best way to learn is to do. You’ll learn more from experience than you will from any textbook. Nothing beats reference experiences.

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