The most important steps to create an online business 2018

Online lifestyle set-up
Social media platform
Create your online lifestyle with social media

We are living in the most exciting time in history,  2018! In fact, the past few years have brought a plethora of online platforms for the everyday individual to create their very own online business. The dream of a lifestyle of working from home, being your own boss all while having fun growing your income has persuaded many to take a shot at it and risk their savings in order to get as they say “a piece of the pie”. However, if it were that easy, everyone would be doing it, and doing it successfully I might add! Don’t get me wrong, anyone can make it with an online business, if you take the right advice, and do the right things. Here is a comprehensive guide on what to keep in mind when starting your online business, essentially this is a list of what to do and don’t do during your entrepreneurial journey.

Choose a business structure and stick to it!

A business structure essentially means how you’re going to decide to run the company, will it be an LLC, sole proprietorship or a corporation? Will You be the CEO or maybe your wife will take over the reins of that role? No matter what it is, stick to it, because when a company’s leadership goes, the structure and the company as a whole will eventually follow suit.

Set your goals and stick to them

Don’t overthink the small stuff but Do pay attention to the big pictures

When your money and lifestyle is on the line, it’s hard not to nitpick at every detail of your online business, it’s understandable but not excusable. Calling paper suppliers for cheaper office paper should not be your main priority, running the business is and not only are your employees but your dreams are counting on you to stay focus on the big picture. Getting those emails out to potential suppliers, looking over marketing plans are the areas that you need to be focused on, remember this should be fun.

Finding a mentor for yourself and your business

If you asked someone about what was the most important factor of a business’s success, most would probably say a good product or great marketing, however, according to studies mentors are the number one factor that successful millionaires credit for their business success. Why? Having the right person to mentor yourself and your online business is crucial in avoiding mistakes and wasting time.

But how do you find a mentor? The easiest, but the most time-consuming way is to email or reach out through social media like Twitter and Linkedin to leaders in your industry, ask for a quick meet up at a coffee shop or simply a word of advice, when you’re brand new any information helps. Another method which is way more fun and engaging are attending expos or “Hot spots” where you know leaders will be attending. Network with people and don’t’ be afraid to admit that you’re new to whichever industry your business is under.

When leaving the 9 to 5, always make sure it’s for something worth leaving

Have Fun

Let me ask you a question! Why did you leave your job? Let me guess, boring, low pay, and a horrible work environment, pretty sure I hit the nail right on the head huh. We understand that creating an online business from scratch is a difficult lifestyle, however, not having fun with the process won’t make it any better. Remind yourself why you started, remind yourself that you’re doing this because you want to and not because you’re under the rule of a superior. This is your baby, have fun with it and the results will surely mirror your efforts.

Make sure you always know why?! Family time etc.

Organize Your Time Wisely

Living the Entrepreneurial lifestyle might be hectic and chaotic at times, some of us may even like the chaos in our life but just like anything, too much of a good thing can be harmful. One of the best tips we can give you is to understand the different types of chaos in your life. Some understandably creep into our daily lives through phones calls or an unexpected issue with delivery, however, others we tend to create ourselves and those are the type that requires regulation. A highly effective method we use is clumping. This means gathering all your similar daily tasks and getting them out of the way at the same time. For example, emails, product descriptions, and articles could all be tacked during the same period.

Freelance photographer – always go out and capture the moment

The burning desire to carry on! DON’T EVER FORGET IT!

Okay, so we spoke about the importance of prioritising and the danger of having a chaotic lifestyle, however, even with all this done, most online business owners tend to forget the one thing that will move their business forward. It’s not so much that we forget about what we’re aiming towards, its the fact that our lifestyle is too disorganised for us to even remember. The best way to figure out the one thing the is our burning desire is by, beginning right when you wake up, when your brain and body are refreshed and you’ve hit the reset button. While you’re doing your morning workout or having fun singing in the shower, take time to think about the one thing, this time might be the only time you have with yourself before the days’ problems arise again.

Just because you don’t have Ideas, does NOT mean you can’t do it

Often we are told that only the most intelligent innovators can create the lifestyle you want, however, nothing can be further from the truth. Everything you see and touch was a result of people who had nothing in the beginning, not even an idea. Charles Dickens was famously told that his career was over after not having good ideas for his book, but Dickens doubled down and brainstormed his way into writing one of the world’s most successful Christmas Books, “A Christmas Carol”.

In conclusion, Online Business owners and entertainers overall must be organised, but the areas they choose to organise determines their success. So, what are you waiting for? Go out there, have fun and create the incredible lifestyle that you’ve already dreamed about.

Lifestyle Business Examples 2018

lifestyle business set-up

What is a lifestyle Business?

A lifestyle business is one that you start, purely because you want to have complete control of the business, without having to spending all your time working on it. Certain types of businesses, do not give you the chance to have a lifestyle that you are happy about, and you must learn how to start a lifestyle business, as opposed to other businesses that you can begin. Online business models can change based on what sort of work is required, and you must invest yourself, your time, and your money in something that will make you a happier person. Take the lifestyle business to the next step by looking at what one of these companies is like.

1. Lifestyle Business Vs. Self-Employed

There are so many people out there who are self-employed. However, not all these people are doing some sort of lifestyle business. The online business models that they use are all different because some of these people simply do contract work. They will do work for anyone who will pay them, but they are not really in charge of their own company. They are counting on other people to pay them, and that leaves them vulnerable to other people who will control how much money they can earn. Being self-employed is not a terrible thing, but it is not the same as other online business models that will allow you to change your lifestyle. Be certain that you are thinking bigger than just being self-employed. You could have a brand new company that will allow you to live your best life, and that is why lifestyle plans are better than just being a self-employed person.

2. Lifestyle Business Vs. Startup Business

Startup businesses are not the same because they do not provide you with a way to live the lifestyle that you are looking for. The startup that you run requires you to manage everything, do everything, and control your own work. You could use the startup as a way to build a massive company, but you have to go through all the steps that are required to hire people, build up your company, and keep it growing. You are usually expected to do all of this on your own, and you might never get a chance to delegate all your responsibility without selling the company. You can go from someone who works with ideas to someone who sits behind a desk and manages people.  That means that people who are trying to get a nice lifestyle out of a startups could be sorely mistaken. Online business models that require a startup are simply not efficient.

3. Lifestyle Business Examples

 

You can work on a few online business models that will allow you to make your own money and have a lifestyle that you want. You will start with something like affiliate marketing, and you can move on to other things that are interesting like blogging. Look at how these online business models make you money, help you with your lifestyle, and feel good to manage.

Affiliate marketing

Affiliate marketing is fascinating because it allows you to make money from ads. You are never keeping any inventory in affiliate marketing, and you can use affiliate marketing along with other business types. There is no need for you to have a big office to run an affiliate marketing business, and you can use this business to make money without doing any hard work with ads. You can use the affiliate marketing model as a way to start up your own company, but you are doing it all from your computer. This means that you control your computer, you can take your work anywhere, and you never have to hire anyone. It is too hard to run a company if you have to commit all that time to it, and that is why something like affiliate ads really works. You just choose a reputable affiliate marketing program with good products and services, and you begin promoting those goods through your blog. When people click through your affiliate links and make a purchase, you get a commission.

Blogging

Online business models could include blogging because you can blog as much as you want without really worrying about having someone else working with you. You can do blogging that is very easy on your daily schedule, and you can monetize your site in a way that allows you to make money all the time. You could put ads on your site that will help you make a passive income, and you might also want to use the blog as a way to sell products that you do not keep in an inventory. You are doing something that you can take with you everywhere, and you will find that you can expand your reach by using social media. This does not take up your whole day, and it is not so hard that you feel like you are going to have a hard time making, setting, or accomplishing your goals.

Amazon Selling

Amazon selling is easier than you think because you can use amazon selling as a way to get the best possible results from your marketing efforts. You can sell anything you want on Amazon, and it is very easy for you to watch the Amazon page sell lots of things that you have put together over time. You could sell something that you do not keep in your own inventory, or you could sell things like antiques that you collect on your own time. You can control the page from anywhere, and it can be made fun because you will focus on what you love.

Freelance photographer on rocks taking advantage of sunset

Freelancing

Freelancers provide services rather than manufactured products. If you have skills that other people are willing to pay for, then you can make a pretty good living as a freelancer. Freelancing is probably the easiest of these three business models, because it requires very little start up cost and there aren’t a whole lot of rules you have to follow. For the most part, you are your own boss. You still work for a client or multiple clients, but you have a lot of flexibility with how you run your business. There are all kinds of freelance opportunities out there. If you are a writer, an artist, a videographer, a photographer, a wedding planner or a business consultant, Then you can start your own business and begin freelancing within a matter of days.

4. Conclusions

There are a lot of people who will find that they can start a lifestyle company at home. You can start this company on your own, take it with you wherever you go, and spend far less time wondering how you will get all your work done. This also means that you can spend more time with your family and live the way you wanted.