Episode
#279 - How Not To Start An Online Business
1:21:42
Published: Sat Feb 06 2021
Description
Jonny joins me (without Yusef) to discuss the wild west of creating money on the internet. Given the living hell that real businesses have been through with Covid, many budding entrepreneurs are trying to get some of that sweet, sweet internet money. Expect to learn, the biggest tips Jonny has learned over 10 years of working on the internet, the fundamentals of creating an online business, why traffic & conversions are life, the most common problems everyone makes and much more... Sponsors: Get 50% discount on your FitBook Membership at https://fitbook.co.uk/modernwisdom (use code MODERNWISDOM) Extra Stuff: Get Propane's Free Online Business Training - https://propanefitness.com/mwbusiness Get Propane's Free Online Fitness Business Tips - https://propanefitness.com/modernwisdom Get free diet advice from PropaneFitness - https://propanefitness.com Get my free Ultimate Life Hacks List to 10x your daily productivity → https://chriswillx.com/lifehacks/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom Kw6gTyhZ9YOL0WOUnBR7 - Get in touch. Join the discussion with me and other like minded listeners in the episode comments on the MW YouTube Channel or message me... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/ModernWisdomPodcast Email: https://www.chriswillx.com/contact
Chapters
Jonathan Watson shares how to start an online business with low barriers to entry, repurposing existing knowledge, and finding clients.
00:00 - 21:51 (21:51)
Summary
Jonathan Watson shares how to start an online business with low barriers to entry, repurposing existing knowledge, and finding clients.
Episode#279 - How Not To Start An Online Business
PodcastModern Wisdom
Starting a podcast or YouTube channel for business can be a slow and long burner to the point where you can even begin to monetize.
21:51 - 38:00 (16:09)
Summary
Starting a podcast or YouTube channel for business can be a slow and long burner to the point where you can even begin to monetize. It is better to start a podcast or YouTube channel simply because you enjoy it rather than doing it just for the money.
Episode#279 - How Not To Start An Online Business
PodcastModern Wisdom
The most important aspect of building a sales funnel is repeatability.
38:00 - 51:05 (13:04)
Summary
The most important aspect of building a sales funnel is repeatability. If a sales process works, there needs to be some aspect of consistency on a monthly basis. It is essential to determine the product market fit and figure out the selling part to successfully sell a high-priced product.
Episode#279 - How Not To Start An Online Business
PodcastModern Wisdom
The comparison between Instagram, Facebook, Podcasts and YouTube, and how advertising can bring in traffic and control who comes and sees your brand.
51:05 - 1:08:17 (17:11)
Summary
The comparison between Instagram, Facebook, Podcasts and YouTube, and how advertising can bring in traffic and control who comes and sees your brand.
Episode#279 - How Not To Start An Online Business
PodcastModern Wisdom
As you move up in a business, the only place to add value may be through utilizing experience and taking on multiple responsibilities to optimize productivity.
1:08:17 - 1:20:22 (12:04)
Summary
As you move up in a business, the only place to add value may be through utilizing experience and taking on multiple responsibilities to optimize productivity. Despite having the greatest idea, successful business execution ultimately leads to growth and profitability.