Life-Style Design-
By deciding on your definate major purpose, you can avoid creating a job for yourself that only ties you down. Your position in your business will determine how you ultimately spend you day. Pick a business that will support your desired lifestyle..
- What kind of life do you really want?
- What do you want your life to look like?
- What are your dreams? Your aspirations?
- Where do you want to live? Near the ocean? In the mountains? In the city?
- What kind of house do you want? Find a picture of your dream home. Print it pr cut it out and paste it on poster board.
This is very important!
When you can visualize it on a daily basis, you will be motivating yourself and also be manifesting opportunities to achieve it.
- Think about the type of business. If you are an artist and want to sell your creations, that will involve creating it and selling on your website, attending craft/art shows, and shipping your items.
Find a profitable niche.
- If you are an expert in something, you can create information products based upon your knowledge.
- If you like teaching, you can create a virtual university and create lessons online.
- If you enjoy certain hobbys, you can create an online business using a theme, i.e. golf: golf clubs, golf course reviews, golf tips, golf videos etc.
- If you want to counsel youths, create a forum, blog, community of people you have helped, questions and answer section, charge for membership, offer one-on-one sessions. Get other professionals to join you for offering support for various types of situations.
- Dropshipping gives you the opportunity to sell items of your choice on your site, then the manufacturer actually packs and ships the product for you, thus eliminating the need for inventory, storage, returns etc.
- Become an affiliate of products you recommend, and that add value to your business, make them available to purchase from your site, thus receiving commission on sales.
- Sell adspace to google.
- Your niche should be something you are passionate about. You'll probably have a few different ideas, try them out, test the waters, if it's not a good idea, move on to the next idea. Don't get too caught up on one niche to avoid spending time and money if it's not something people want.
- Who are your customers?
- What do they want? Research, research, research! Create the product based upon your customers needs, not what you THINK they need.
- Competition is good, that means there is a market. Learn what others are doing, visit their Websites, make notes of what they offer, attributes you like and don't like. Brainstorm for ideas for products, services you can offer.
Processes-Outsourcing
- When determining your business, think about ways it can be automated?
- You'll want to document everything you do in running your business.
- Create a process for all of your tasks.
- Can your business process be outsourced?
- Can you find someone to do tasks necessary to run your business day-to-day?
- What do you like to do?
- What do you NOT like to do?
- Don't spend hours learning how to do something that you don't even like doing. Hire a Virtual Assistant, Web Designer, etc.
Build Your Business on a Strong Foundation
- Hire an attorney and a bookkeeper.
- Get your business licence. Complete any paperwork for LLC or professonal services to get you started with a strong foundation.
You'll look at your business as more than just a hobby and increase your chance for success.
For a 30 min. free consultation about hiring a virtual assistant, getting a website, or marketing your business online, contact LauraJean Business Services at 1-208-247-2100 today. |
