Find The Problems

Find Your Passion, Find Your Niche
 What do you dislike about your current job?
 What do you like about your current situation?
 What are your main areas of interest?
 Books you like to read
 Magazines you like to read
 TV programs you watch
 New stories you read
 Classes you enjoyed taking
 Activities you engage in
 Website you like to browse
 Determine your strengths and talents
 Activities that come naturally to you
 Determine your weaknesses
 Things you feel less at ease with
 Must adopt a growth mindset
 Desire to work on your weaknesses
 What kind of personality do you have?
 Will determine what will bring you joy
 What are your skills
 Abilities and knowledge, you’ve gained through experience
 Finding your niche
 Helps increase chances of success
 Helps build authority
 Helps generate revenue faster
Validating Your Business Idea
 Ensure you won’t waste your time on an unprofitable business
 Must have a market for your business
 Utilize Google Trends
 Shows you if niche is growing or shrinking
 Shows you seasonal trends
 Use with Google Keyword Planner
▪ Shows search volume for keywords
 Use to research keywords
 Streamline discovery and prioritizing of keywords
 Shows monthly search volume
 Gives you an idea of how hard it will be for keywords to rank
 Provides an estimated click-through rate
 Gives a score for your potential rank
 Use Buzzsumo to see social media trends
 Find popular content by topic or website
 Scans the social media sites for you
 Gathers information on topic getting attention
 Looks for influencers
 Provides insight into what competitors are doing
 Gather Feedback
 Conduct surveys to gauge the need, interest, and gaps
Deciding on a Business Model
 Blogging
 Very lucrative endeavor
 Monetize your blog
 Google AdSense
 Sponsored Posts
 Affiliate Marketing
 Sell products
 YouTube
 Earn money through on-screen advertisements
 The more engaging the content the more viewers
 No need for expensive equipment
 Don’t need professional level of expertise
 Get paid through ad revenue
 Owned by Google
 Pay-per-click model
 Get paid with product placement
 Earn through red subscription channel
 Amazon FBA
 Sell physical products on Amazon
 Amazon handles almost every aspect
 Inventory storage
 Shipping
 Customer service
 Variety of ways to sell on Amazon FBA
 Retail arbitrage
 Online arbitrage
 Private labeling
 Online Courses
 Create online instruction videos
 Teach what you know
 Graphic design
 Playing an instrument
 Computer programming
 Create courses with teaching platforms
 Teachable
 Add courses to online marketplaces
 Udemy
 Skillshare
 Make sure to use illustrations, scenarios, and examples
 Promote your course on social media
 Freelancing
 Make a living doing what you love
 Utilize freelancing websites to find clients
 Fiverr
 Upwork
How to Promote Your Business Online
 Google Ads
 Show your ad to your target audience
 Based on relevant keyword searches
 Only pay when someone clicks on the link
 Facebook Ads
 Photo ads
 Video ads
 Carousel ads
 Slideshow ads
 Collection ads
 Instant experience ads
 Lead ads
 Dynamic ads
 Answer questions in your area of expertise
 Often outrank bigger brands on search engines
 Evergreen content that doesn’t need to be updated
 Collaborations
 Work with other companies to cross promote products
 Combine marketing initiatives
 Cut marketing cots
 Produce more compelling content
 Face-to-Face Marketing
 Participate in conferences
 Join a meetup group
 Hand out your business cards
Scaling Your Business
 Increase prices
 Create an effective sales funnel
 Create an affiliate program
 Create free or paid downloads from previous blog posts
How to Work Less and Still Grow Your Business
 Outsource daily, repetitive tasks
 IT and Tech support
 Administrative
 Financial
 Marketing
 Systemize your business
 Reduce costs
 Increase efficiency
 Improve performance
 Improve business communication
 Free up more of your time