Being in online business is a journey. When you are first starting out, you are often focusing on ways to become known in your industry, to grow your mailing list, and to find your first clients. To make this journey feel less intimidating, it can be broken down into stages. In this podcast, I discuss the 7 Stages of a Profitable Online Business.
When I began my entrepreneurial journey, I started from scratch. I didn’t have a mailing list or any clients. I needed a lot of hand-holding, so I signed up for many different courses.
Today I am hosting online training programs for other entrepreneurs – though I still dedicate myself to learning. Believing that you know everything, and that nobody has anything to teach you, never features in my 7 Stages of a Profitable Online Business.
Over the years, as my business and my clients’ businesses began to grow, I learned a lot and created a roadmap to building a profitable online business. In this episode, I’m sharing that roadmap with you – broken into 7 stages. I’ll also discuss why it’s important to follow each stage instead of jumping from one to another.
In This Episode of The Sigrun Show:
- What is “Stage 0” and why it’s often the most frustrating stage for entrepreneurs
- Why beta testing is important when starting your business
- How to begin charging and setting price-points for your programs or services
- How to identify what your audience really wants
- The importance of creating your signature course before creating a Mastermind program
- Why it’s important to add masterminds to your portfolio
- How to build authority in your niche
Resources Mentioned:
- Mark Schaefer’s book: Known: The Handbook for Building and Unleashing Your Personal Brand in the Digital Age
- Episode 5 with Mark Schaefer: How to Become Known in 30 Months or Less
