Hey guys, how are you? Today we are going to tell you what to know before starting an online business during the pandemic period from staying in the home. We motivate you to start an online business at this time. So, let’s go!
First of all, let me explain what is entrepreneurship. Because it’s worth knowing what it is before starting an online business. Entrepreneurship can define as evolving and managing a business by taking risks, work hard and smart, and gain a profit and reward. e-Entrepreneurship contrast from the former by using electronic platforms. It’s easy to start a business on e-platforms. You can start with an economical budget and not be required to have a material space designed to receive customers. And you could deal with a broad market. As in the USA, over 280 million people are using the internet. They are the target audience of an e-business. That’s like e-businesses have a huge potential.
Most of the billionaires have grown with the influence of the internet. Jeff Bezos, Mark Zuckerberg, Elon Musk, Larry Page are only a few of them. Anyone could be the next internet billionaire or even trillionaire the world needs.
If you need to become a successful entrepreneur you have to follow the underneath steps.
1. Research
First of all, you ought to educate and research about e-Entrepreneurship. I think researching is a skill. You must find the methods of making money online and chose one or two that suits you.
2. Become a self-learner
There is a mixture of disciplines and skills involved in an online business. You have to learn everything yourself. You need to learn marketing, SEO, branding, content creation, analytics, copywriting, accounting skills, bookkeeping, legal backgrounds of online businesses, tech skills, graphic skills, programming. You don’t require to know everything initially but you should have a basic understanding of those disciplines.
3. Save money and reinvest
You could have saved money from your previous jobs. Not then you have to save money from today either. You could and should do with that money is invest in yourself, advertising, or tools that make your business move forward.
4. Read books
Average CEO reads 60 books a year. You have to read books if you intend to become a successful businessman. You must read books on biographies, innovation, economy, clarity, long term thinking, and other business-related books.
5. Learn to self motivate
As an entrepreneur, you got to keep yourself up. You got to learn how to rake risks and self-motivated.
6. Networking, build contacts and relationships
Make a list of everybody you know today relating to your field. You must spread that list because you’ll have to work with others in your niche.
7. Produce great service or product
As an entrepreneur, you have to produce a great product or service whether it’s an e-commerce business, marketing business, or if it, not even online.
8. Build an audience
You need to have an idea of what is your target audience. You can use tools like social media, analytics, trends to develop an audience
9. Learn your strengths and weaknesses
Get aware and aligned about what your strengths and weaknesses are. By then you could transform your weaknesses into strengths.
At Inventho, we intend to give you more about self-development, entrepreneurship, motivational and inspirational stories in addition to aware you with science-related things. Stay tuned with us by subscribing to our website or Facebook page.
