How to Start A Small Business - With Abundant Mindset Podcast: Recent Episodes
Christian Ikenna
Welcome to how to start a small business with abundant mindset podcast.The show that builds your mindset, teaches you how to start and grow your business both offline and online with ease.You will also learn how the big dogs are killing it online with free resources and tools available for both free and paid.This podcast is brought to you by Pod Emeralds Limited
today, we are looking at the intricacies that come with affiliate marketing for physical products and how to best understand your marketing strategy.
I mentioned the opportunity for you to market physical products too and this in itself has its own advantages and disadvantages.
physical products is that they appeal to a larger demography. Often times, most people would prefer products they can see, feel and touch to digital products.
One striking disadvantage however, is that physical products offer a much smaller commission.
When we talk about your marketing strategies, the first thing you need to do is select the products you are interested in marketing, have a ready website too. There are different options available to you to begin selling. One of the easiest is to send potential customer directly to your sales page and if your sales page is correctly designed, this visit should convert immediately.
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When it comes to internet marketing, a niche loosely refers to a segment of a larger market that can be defined by its own unique needs. You'r writing, adverts and all will be structured to carter to this particular segment.
When it comes to affiliate marketing however, you will be required to create a blog with frequent updates of some form or other. Suffice this to mean that you’ll need to write about a topic and find an audience who are interested in either reading about it or are in need of the proffered solution.
Simultaneously, your chosen niche will to a very large extent define the type of product you sell. If you write about relationships, then you’ll need to sell relationship-related products. If you write about losing weight, then you’ll need to sell something to do with fitness and all that. You may find that products/services tend to gravitate more toward the high end or the low end depending on your chosen niche.
As an affiliate marketer they are things to put into consideration and get done before marketing your affiliate product.
I believe in this episode i have narrow down the important to do and also things to put in consideration to have a successful affiliate sells.
The first and most important thing by far, is to make sure that you understand the product’s value proposition and how to leverage this for success.
Essentially, a value proposition is the thing that makes your product desirable. If the product is a good one, then this should have a strong, emotional pull.
The key is to understand how your product will make people’s lives better, and how best to communicate that to your specific audience. They should be able to picture themselves using their product, and get a feel for why it’s going to change things for the better.
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In recent times, a number of marketing guru’s have been able to make so much money off affiliate marketing, so much that has reportedly helped them live the lifestyles of their dreams and before you ask why more people haven’t tapped into affiliate marketing already, I will tell you why –the methods most successful affiliate marketers share most times do not exactly reflect the best strategies to implement.
Now it’s very important you know that there’s no such thing as ‘one size fits all in business. Matter of fact, there is never a guarantee that any strategy you use will be effective. The major purpose of this episode is to cut through all the noise and instead, focus on what actually works. In simpler terms, we will be teaching you how to actually sell your affiliate product successfully. Do listen on
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They are free and paid traffic methods that you can employ to market your online business, free methods can be used to drive people to your website, I recommend you use the both combinations to drive traffic on regular basis.
Previously, I gave out vital explanation that showed you the in negligible effect of traffic generation.
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it is now over a year since the coronavirus outbreak was declared a global pandemic by the World Health Organization.
The Covid-19 pandemic has largely affected the business space and how we operate. Means of doing business has changed drastically due to external shocks caused by the Pandemic.
Most Businesses had to adapt, while some have found it difficult to cope with the ever-changing business environment.
Today on how to start a small business podcast we will be discussing Covid-19 and the future of businesses.
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Most people tend to start online businesses without proper schedule or goals set for their business. They just poked around and then got disheartened when their impromptu expectations failed to become a reality.
Goals are like foundation, have u ever seen a house built without foundation. No, same applies to your business.
My first online business collapsed; it was a very small investment. I used $10 for a domain name and $10 a month for web hosting and they didn't work out pretty well as I expected, why? because I never planned it well, I needed a driving force to keep me moving, I needed to set a goal. Still, I didn't give up.
Not just dreaming, you need to start making it, I figured out why and how then applied the possible way to change my approach.
WHAT DOES IT TAKE TO BUILD A SUCCESSFUL ONLINE BUSINESS?
You might wake up one morning and decide on a faster way to start earning. Yes, online business comes first on the head but what do you know about online business?
I have once been in this stage, before I started making it online, I have spent years and month learning the ins and outs of coming out successful. Making it out successful is the aim.
Deciding on what you need to start with is the best. And this brings the "WHY" question. What is your why? these questions help you to know what you need.
Everything starts with a plan. If you start with a well detailed mindset, it's easy to be achieve without haste.
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Today episode I’m going to help you choose the right online business model.
First, I will start by asking you what kind of online business do you want to start?
There are several ways that you can go with an online business. All of the models I will cover in this episode have the potential to provide a 6-figure business. You need to choose the one that you are most comfortable with.
Let me sound this as a word of warning here – flitting around from one model to another is never going to turn out well.
Many newcomers to online business start with one model and because they are not getting the results that they want they shift to another.
There is always going to be someone that tells you that the grass is greener over here.
Once you have chosen your online business model you need to master it.
There are always new things to learn about online business and it will be virtually impossible for you to keep up with all of the changes if you are dabbling with more than one model.
How you can start a successful online business.
In todays world is the dream of many people to setup and run a successful online business and live the Internet lifestyle. You can be your own boss, you decide when to work, you have time for your families and friends, you travel around the world as you wish.
But most people that start online businesses fail. I will say that they do not use the right approach to setting up their online business and making it a success.
To create a successful online business you have to know what works and what doesn’t work. And you need to know that is much tougher to start and maintain a successful online business than most people think. I believe this episode will explain the right approach to use to maximize your chances of success.
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In todays episode of how to start a small business podcast, me and and Eke-okocha Nnaemeka Phil share his experiences as a business consultant.
We discussed the basic challenges new startups face while start a new business both online and offline.
Stick to the show and I believe you will get some business hacks to grow your business with ease.
There are many start ups all over the world and as a consultant what are some common problems you think they face? Listen to get the answer to this question.
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Before we start I want you to note this amazing quote by ~ Peter F. Drucker that says
“Unless commitment is made, there are only promises and hopes; but no plans.”
Reviewing Your Schedule
The most important single component of a real business plan is a review schedule.
This sets the plan into the context of management. It makes it clear to everybody involved (even if that’s just you) that the plan is going to be reviewed and revised regularly.
All the people charged with executing a business plan have to know when the plan will be reviewed, and by whom.
This helps to make it clear that the plan will be a live management tool, not something to be put away on a shelf and forgotten.
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Hey guys, welcome to How to Start a Small Business Podcast, the show that teaches you, guide you on how to grow your business, both big and small.
You will also learn how to develop the right mindset for your business. I’m Christian Ikenna and today I will be talking about Lean Business Planning Execution.
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As I promised in our last Episode to discuss about how you can execute your lean business planning strategy and concrete specifics.
First lets talk about the Lean Business Planning Execution
Strategy needs tactics for execution.
In practical terms, this is your marketing plan, your product or service plan, and other tactical plans.
Aim for strategic alignment: match your tactics to your strategy.
You should be able to think of your business as a pyramid, with strategy at the top, execution in the middle, and concrete specifics at the base.
The previous Episode we talked about the lean business plan strategy and in this Episode is about the lean business plan execution and in next episode will be the concrete specifics of lean business plan.
Don’t think of these as separate or sequential. Develop them together.
They sound sequential here because of format and logistics only.
These tactical plans in your lean plan are as simple as possible, ideally just bullet point references.
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Step by step guide, through the process of creating a lean business plan.The essence of strategy is choosing what not to do, start your lean plan with practical strategy. It’s harder to write about strategy than just to do it.
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Some people may say that the plan is useless. But planning is essential. First let’s answer some key question about your business. You need to ask yourself what you want from your business.
How to start a small business, grow your business, business planning, lean business planning,
Start a business.
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Welcome to how to start a small business with abundant mindset podcast.
The show that builds your mindset, teaches you how to start and grow your business both offline and online with ease.
You will also learn how the big dogs are killing it online with free resources and tools available for both free and paid.
This podcast is brought to you by Pod Emeralds Limited
Support the show (https://www.patreon.com/podemeraldslimited)