5 EASY STEPS To Start an Online Business FROM SCRATCH in 2019 (FAST!)

5 EASY STEPS To Start an Online Business FROM SCRATCH in 2019 (FAST!)
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    What is up everyone? Welcome back to my channel. In my previous video, I told you guys the eight reasons why you should start a service based side hustle in 2019. Well in today's video, I'll be sharing with you guys step by step on how you can start generating these ideas for your side hustle, once you've decided to take the leap. If this is something that interests you, then keep on watching. Before we dive into the ways of how you can start generating ideas, I want to let you guys know of two things. For you to start a side hustle, you have to make sure that there are two things that you are cautious of. The first is that the idea that you are generating and starting is something that is profitable. And the second thing is that the idea is something that you are passionate about, and something that is going to be sustainable for you long run. Because we want to ensure that the side hustle idea that you do have is going to be a project that you work on longterm, say five to 10 years, or even more than that. So with that out of the way, let's get into how you can start generating ideas for your side hustle. Before you even start your side hustle, the first thing you should do is to find your zone of genius. And you might be thinking, what the heck is my zone of genius? Well let me tell you. Think of your zone of genius as the natural gifts and talents that you innately have within you. Or things that are free flowing and comes so naturally to you. Start writing a list of all the things that you've mastered and excelled over the years. This can be life experiences, school, or just anything in general that you are just naturally good at, and things that people constantly come to you for advice. You will be surprised of how many things you already know and have mastered over time, once you start creating this list. Some prompts that you can ask yourself are, what are some things that people naturally come to me and ask me for? Because most likely, they feel like you are an expert in this field, and therefore they are asking you and seeking for your advice. So when you are generating this list, it can look like a multiple of different ways. You can have sticky notes all over the board. You can just write it in the list. It could be in a diagram or a flow chart. Whatever you need to do to get all of the things that you are so naturally good at, and is in your zone of genius on paper. The reason we want to start with your natural strengths and gifts are that as a side hustler, you actually don't have much time to work on your business. Think about it, you're already working a nine to five job, and you probably only have around two to three hours to work on your side hustle and business every single day. So instead of starting from scratch, why not leverage the natural gifts and talents that you already do have, and start a business from that? Because we really don't want to reinvent the wheel here. And truth be told, the things that you're naturally really good at are probably things that you already love doing. Your zone of genius is the sweet spot, in which you can do something so quickly what might take someone five times the amount of time to do something. Once you have a list and have tapped into your zone of genius, start categorizing all of your natural gifts into different categories. The reason for this is because we want to start narrowing down on your niche, and we will talk about this more in detail in the next step. However, you might have a lot of ideas that might be in a lot of different industries. So being able to group these things together allows you to see bigger picture of what this side hustle might actually turn out to be. Not only this, but it can also help you understand the breadth of knowledge that you have in a specific area. So for example, if you're naturally good at public speaking and digital marketing, perhaps you want to group these two things together under a bigger category called business. Or if you're really actually good at project management, time management and organization, perhaps you group all of these things together into a category called productivity. By grouping those strengths into different categories, we can start gathering this data and start forming different idea generation and niches for what your digital business can look like. Don't skip this step because it is so crucial, and you being able to niche down. The last thing we want to happen is for you to have a list of things that don't relate to each other, because then when you start building your business, you're going to be starting to target everyone. And because of this, you're not actually targeting a specific problem, and therefore not being able to attract people that are wanting your services. And remember this, when you're trying to serve everyone, you're actually not serving anyone. After you've grouped all of your strengths together into different categories, start to dissect these categories and see what is something that you are most interested in, and that you can possibly see becoming your business. Like I mentioned before as side hustlers, we work a nine to five job, and have very limited time to be able to work on our business. And therefore we want to focus on the strength and not reinvent the wheel. And most of the time, things that you are naturally good at are things that you're going to be gravitating towards. So for example, I love digital marketing and online business, but I also love project management. And it turns out that my natural gifts are also in these two realms. I currently work in a nine to five job that is in digital marketing, and I have also worked as a project manager for three years, and I absolutely love it. And therefore I've created my business in helping early stage entrepreneurs being able to build a online business, which is where the digital marketing piece ties in. And the other piece is to ensure that these people don't build a business with overwhelm and burnout. And this is where the project management piece comes in. At this stage of idea generation, it is all about looking at the broader categories, and starting to weave these things together and see how you can tell a story, and to start generating an idea of what your niche can look like. Once you've determined the different categories that you want to focus on, this is the step where we start to niche down. Now there are two things that are very important when you are starting to niche down. The first being is that your business or service is a solution to a very specific audiences problem. The second being is that you are the bridge for someone's point A and point B. You are the solution to someone's problem. Some ways that you can validate your niche or be able to understand the struggles and pain points that people are going through within your niche, are to go into Facebook groups or also to poll your audience. Niching down is probably the most important part of your business, because once you have this figured out, you're able to track your messaging, your content, your marketing strategy, products and services to this very specific segment of people. Once you've validated your niche and you are crystal clear on the people that you are trying to serve, and their very specific problem that you're trying to solve, then your digital business is off to the races. The next step is to take action. Start talking about the pain points of what people are going through, and how you can help them. Your content is going to let people know exactly what you're all about. Start being really raw and authentic if you have been in the shoes of your ideal customer. Start treating your social media content and marketing strategies all catered to this one very specific group of people, your target audience. There's no more time for you to post random cat videos. When you've decided to take action and build a side hustle, you have to go full force with it. And like I mentioned in the beginning of the video, you're side hustle and idea has to be something that you are so passionate about, because this is going to be the driving force for you to stay motivated and on track when you are building your digital business. Start building a tribe by positioning yourself as an expert in this field. This can look like hopping on Instagram stories every single day, and providing a tip of the day. Or you can go on YouTube and start creating how-to videos. Get yourself in front of the right segment of people and start building a tribe. Obviously, what I've talked about today is very surface level, and there are so many more intricacies within all the five things that I discussed today, and also things that happen after you start building a tribe. So if you're interested in this, I will definitely create more videos about this topic. But be sure to give it thumbs up so I know this. Now I hope today's video was useful in helping you start thinking about generating ideas for your side hustle. I hope you guys enjoyed this video, and I'll see you in the next one. Bye guys.
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