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It’s when I sat down and made a strategic business plan that all the pieces of that new dream came together.To help you achieve your own version of success, I created this step-by-step business plan you can start creating right now. You’re going to sit down and write a few paragraphs summarizing your business.
This may be your first struggle because up until now, it’s been rainbows and unicorn dreams.
Now, you’re going to have a look at your potentially fierce competition.
Whether it’s investing in a self-hosted website or an email service, you’ll need to plan where the funds will come from along the way.
Ask yourself these questions: There are probably hundreds of ways you can make money with an online business.
You should take this opportunity to list the ideas you have as well as the ideas you want to research more thoroughly.
Monetizing include: Don’t be afraid to get specific about the types of courses you want to create or the services you want to test. Just remember that you’re better off trying no more than 2 at a time.
This might age me, but as an example, in 2003 Blockbuster and Netflix were both movie rental companies.
However, Netflix delivered its movies on subscription bases to your mailbox on a DVD.
Make it personal or about the people you want to impact.
This is a great first step because it helps you recognize why you’re doing this and what you hope to achieve. Dedicate as much space as you need to write out everything from personal financial goals like paying off debt, to other more fun things, like traveling or waking up at 11 am every day.