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What is an online business?
Manage episode 341063137 series 2842337
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“The truth is that just about any business can be an online business.”
— Tasha Cochran
If you’re drawn to the idea of having control over your work, schedule, and income, you’ve come to the right place.
This episode of the Wealth Life Balance Podcast is part of a series touching on the basics of launching and running an online business!
First: you’re not crazy to think that you can run your own small business. Small businesses make up 99.9% of American businesses — and more than half of those are home-based.
You do not need a giant team or massive infrastructure in order to make a significant income — I built my business with a little help from my family.
Four years ago, I was a practicing attorney. I was happy with the money I made and loved my work, but wanted more freedom and flexibility. To be honest, the idea of entrepreneurship never occurred to me, until I stumbled into it by accident. (Listen to the first episode of this podcast to hear all about it!)
Long story short, by the time I realized what an online business was, I was already running one successfully.
Just imagine what you could build if you started one intentionally!
Building my business accidentally has required a lot of course correction as I try to reshape it into my true dream business.
My goal is to help you build your dream business from the very start!
In this episode, you’ll discover:
- The #1 question to ask yourself BEFORE you prep for launch
- The 3 major categories of online business revenue — and how to discover the best combination for your business
- A free tool to help you plan out your profits without added stress
“Trying new things is going to be uncomfortable — that’s normal!”
— Tasha Cochran
Highlights:
- 00:48 The challenge and joy of trying new things
- 03:33 Newly considering an online business?
- 05:57 Small business classification and statistics
- 08:06 Online business definition
- 12:28 Three types of online revenue streams
- 16:37 The recap and final step
- 17:28 Ready to Ascend?
Links:
The Profit Plan
https://onebighappylife.com/profitplan
Ascend Incubator
https://onebighappylife.com/coaching
Please remember to subscribe, rate, and review!
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