- Jun 11, 2017
Ok, so digital is such a good way to go whether product or service. This is simply due to lack of physical material to produce the product or service. This saves in a ton of overhead, from storage, to COGS, to shipping, etc. You sell X units, you pretty much get 100% profit minus software maintenance.F*ck man I hope i can get to your level. Im running my Landscaping business and expecting i can make enough so i can buy or start off an internet company. Every time i read MJ book or see a story like yours I feel like i’m wasting my time and should just go for something digital. This year was horrible for me. I had a fallout with my dad then he got a heart attack. I had to sell my truck to pay bills and im not stuck with 5k in debt. So I been doing Landscaping to get out of my rabbit hole. The business pays me enough to live but i want to do better. Im done with having to trade time for money. Im tired if competing with me too business. Im tired of always dealing with penny pincher customers. What are some are some tips in becoming an online entrepreneur? What are trades or skills I should focus on. Creating people value is obviously important but i want to do so with my brain not my hands. Please any information you can provide will be appreciated. I don’t want you to tell me the hows. Instead guide me to the right information and I will figure it out. Im not as tech savvy as I should be for my age but god damn i will learn !!
Digital could also mean having an automated web site that provides more value than most others.
This doesn't mean you have to build or buy a business that sells software. You could sell a service that requires human resources to do the labor, but services customers through the web.
For example, if we pick landscaping, I know I need mulch in the spring and fall. I also need trees cut which could be used as mulch.
If I went to a web site that gives me prices for each of these products/services and that I could just schedule a time for it to be delivered or done, I'd go with that contractor. You see, I hate calling around and getting quotes. If the site asked me how many square feet of mulch coverage, what depth, what kind of mulch, and allowed me to upload pictures, and then either automatically it calculated the price, or automatically sent me a quote within 30 minutes, I'd probably be sold.
I picked landscaping knowing very little about you just based on your post. The reason is that you should consider your core compitency when looking at running a business. If you know it, you're ahead of the game. That's not to say that you shouldn't look at other unrelated ventures.
You should also consider looking into WordPress. That is a standard web development platform that is easy to use and build web sites fast. Google it if you are not familiar with it.
You'll also need to hustle to save capital. Capital will allow you to either start a new business, or like me, buy one. There are so many affordable ones to be had. The internet is teaming with business brokerage firms like Flippa and BizBuySell. Check them out and browse their listings to get a feel for what's out there. Sure good sites sell fast, and you may not be ready to purchase, but at least you'll get an idea of what's out there.
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