A lot of people want to earn online here so I'm writing this in hopes to help:
- Online businesses are real but that DOES NOT mean they're easy to get into. Every online business as long as there is demand of it will be successful. Every business will have its pros and cons but the only thing which stops you from achieving success is either you didn't have the resources or you lost the willpower OR you just kept thinking about it.
- Stop trying to make money but instead try to get better. Your goal should be to build a long-term business that is scalable – not a side-hustle which you don't really care about and complain that in this current economic times it's so difficult to sustain.
- One Course or skill is NOT enough. Now I'm not saying go buy courses from 'Gurus', instead I'll say that the most up to date way to learn a skill is through YT. However, if you took a course on Web Design or Digital Marketing and now you wanna monetise it, you're just one step there and there's a whole mountain that needs to be climbed.
- The skills you're looking for to monetize almost ANY online business is lead generation (marketing) and sales. It's not as easy as quoting a price in someone's DMs and then complaining "why didn't it work", you need to get on a call with them and then convince them how you can solve their problem and put a price tag on it. This is what we call a sales process. The goal is to book a meeting, not sell the service in their inbox.
- Business requires a LOT of volume. I try to send at least a 100 DMs a day to business owners offering them my services. Most people who reach out to me for help say "they sent a total of 5-10 emails, DMs and it didn't work", look at my volume now look at yours. And I personally know people who send 1000 DMs a day. Not bragging but sometimes you just didn't try hard enough.
Everyone has their own journey in life and business. I wanted to share this because as a 29yr old entrepreneur I have been through alit of this and have learned the hard way. You're not good enough as you think. Everytime I feel like "I worked hard", there is always someone who humbles me… So yeah it's not like online businesses don't work, it might be that you're not that good enough…
Im a 29yr old entrepreneur. If this post helps even just 1 person then it was worth writing it
byu/Ortonium inEntrepreneur
Posted by Ortonium
14 Comments
At least you only spam this once every 4 months and only to half a dozen subs at a time
Most solicitors are way worse
Thanks for this, lots of good advice 🙂
entrepreneurs need to fill every role of an ecommerce. Marketing, branding, logistics, inventory planning, product feed management, prospecting software, social media, content creation. It aint an easy job.
this helped nobody, not even yourself. 🤡
What kind of business do you recommend getting into?
There is a potential for sharing the travel app in my country. This is a common idea in other countries. So, is there anyone willing to invest???
Hi i Am 19 Years Old Who Want To Start enterpreneurShip But Don’t Have Any Idea But At Least I Read Books Which Helps Little Bit To Build My Self But What I Got Is Stress Because I DO Nothing . Have You Ever Experince That Thing Like The More Knowlege You Have The More You Stress And scare Of RiSks
This is great advice for people who are trying to get in. Some people who have this ingrained in them as a part of their upbringing may not see any value in your post since they don’t know what it’s like not to have this knowledge (I was blessed – was always taught value of money and doing right and working hard always)
Like knowing ABC is not a big deal – ask an illiterate person who doesn’t know their ABCs.
Anyhow, ignore the a-holes hating on your post. I do see value in it.
As an example, many years ago I had severe heartburn and for the life of me I couldn’t get rid of it regardless of tums, milk of magnesia, other fixes. Went to the doctor and they put me on Prilosec. Didn’t help either. I eventually realized I was gaining weight and overeating. Couple days of watching my calories and my woes were gone! Heartburn disappeared!! Even the doc didn’t ask me about my food intake and eating patterns. Just gave me medicine. If you don’t know, you don’t know!!
This is a wake up call out of my ‘..but I am good at what I do comfort zone.’ Thanks. I’ll definitely put in more work moving forward.
Are you currently in the sales and lead generation business. And have you always been in there or what other businesses have you tried?
Try to work on your titles, you’re a failed businessman, not a heroin addict trying to save others from following the same fate.
What a typical conversion rate of 100 Cold DMS: Appointments for you? Obviously I know this depends on other factors, your script, social proof, case studies etc… but just curious
Thank you so much for that and it was really fun to read. I wanted to pe entrepeneur for about 1 year so reading this is really helpful.I’m sorry for gramatic erors i made because english is not my first language
This is great advice. I quit my job to pursue my business full-time after doing several side hustles for a few years and gaining no traction. After a couple of month of doing this full-time it was pretty clear that I needed to treat “business” as a set of skills that I needed to master. everything from sales, lead generation, writing copy, marketing, product development etc.. And it takes both learning how to do it and then executing consistently and well to figure out how you tailor those approaches to resonate with your specific set of customers.
Still not anywhere close to where I want to be, but what I know now pales in comparison to what I knew and how I executed even just a few months ago. And the results are getting better bit by bit.