Categories
Entrepreneurship

Why People Fail To Make Money Online (through starting a business or buying a business) with Scott [Video]

This is what I often observe – people get too excited when it comes to starting an online business. I mean who doesn’t? You get to live the life you want and earn passive income. But in order to achieve that kind of success, you need to go through a lot, which most of the time, people don’t understand. They think online business is a GET-RICH-QUICK scheme not until they failed and learned the lessons from it.In this special episode, I have invited Scott who is a Buying Online Businesses Community Member who has bought and started a business and has been an active member trying to help people to navigate their emotions and anxieties around the ever-important task of replacing your income online. We have discussed how Scott started in online business and what he has done. How he got into dropshipping, sold that business, and then wanted to buy a business, got itchy feet, and tried to start one without any luck? (which you will see is normal)We have also talked about how much money and most importantly time you can lose when chasing the shiny object syndrome. What are the mistakes that people make on their journey to replacing their income online? I’m also going to share the golden nuggets about money mindset and many philosophies that I believe You MUST know to be able to get yourself close to success with less effort and less money. There’s so much value in this episode, missing it would be the last thing you want to do!Watch this video now!Episode Highlights02:53 Why did Scott join the BOB community?05:57 How Scott started his business?11:35 Scott’s Public Service Announcement15:00 Why it takes time to grow an online business21:44 Scott’s advice to those starting an online business27:16 Why choose to buy a site? 38:04 How to actually reach your goals?About The GuestScott is a Buying Online Businesses Community Member who has bought a business, he started (invests in many other things too) one and has been an active member trying to help people to navigate their emotions and anxieties around the ever important task of replacing your income online. Resource Links➥ Buying Online Businesses Website (https://buyingonlinebusinesses.com) ➥ Download the Due Diligence Framework (https://buyingonlinebusinesses.com/freeresources/)➥ Visit Niche Website Builders and get EXCLUSIVE OFFERS as a BOB listener (https://www.nichewebsite.builders/bob/)

Categories
Entrepreneurship

Advice Every Online Business Owner Should’ve Heard Before Starting SEO [Video]

SEO’s great, but before you really invest a lot into it, there’s something you should know. Today I’m going to break up advice every online business owner should hear before starting SEO. Look, SEO’s long-term. You need other traffic sources to make money before you succeed with SEO. RESOURCES & LINKS: ____________________________________________CodeCanyon: https://codecanyon.net/Ubersuggest: https://neilpatel.com/ubersuggest/____________________________________________Now, let’s go over what you need to generate sales now, which will make you cash so you can then take that cash and invest in SEO. It doesn’t mean that you shouldn’t start doing SEO right now because in the future, is one of the highest ROI marketing channels out there. But still you need to start doing stuff right now to generate those sales because you can’t wait six months, or a year, or two years depending on the keywords you’re going after to really get the results. First, you need to learn how to convert visitors into buyers. If you can’t convert visitors into buyers, then it doesn’t matter how much traffic you get. And if you can’t get your conversion rate high enough, the economics won’t work out, especially with paid advertising because the costs are continually rising, especially after COVID. You don’t really need a billion dollars for engineering when you’re a startup, but you do need it to scale your sales and marketing. And you need to have a conversion funnel with upsells and downsells. That’s how you get the most out of your revenue. The upsells and downsells, the key with that is speed and automation. And as long as you’re producing results, people gladly take you off those upsells and downsells. Second thing that you need to know. Search engines give older websites more authority and more placement. Now there’s no guarantee that if you’re older website, you have more authority in your website because you could be a brand new hot website that every wants a link to it talk about, but that’s usually not the case. Typically the older sites have much more authority. And no matter how much money you have, you can’t easily buy that age. You just have to be patient. And that’s the thing with SEO. It is super effective. The ROI is massive and that’s why we have one of the fastest 500 growing companies according to “E Magazine”, because SEO works for customers and our results are proven.Third don’t take short-term gains for long-term losses.So doing what’s best for your customers wins in the long run. Fourth, create a better mouse trap, as marketing is becoming too expensive. Look, I’m a marketer and I’m telling you, it’s just going to keep going up and up. So you’ve got to figure out a better mouse trap. And you can do some things that are very similar to sites like CodeCanyon that can help you put tools on your website, which can help you get traffic and you’d give away stuff for free, and you can buy some of these tools for 10, 20, 30, $40. They’re not going to be as good as what Zillow did or what I did, but it’s a start. And then over time you can invest more money to making it better. If you need help growing your business check out my ad agency Neil Patel Digital @ https://neilpateldigital.com/ Subscribe: https://goo.gl/ScRTwc to learn more secret SEO tips.Find me on Facebook: https://www.facebook.com/neilkpatel/On Instagram: https://instagram.com/neilpatel/https://youtu.be/zthU8pc3o0Q#SEO #NeilPatel #DigitalMarketing