Learning How To Master Online Business and Succeed Without Being a Tech Genius

One of the most frequent questions I'm asked is, “What skills do you need to succeed in an online business?” Contrary to popular belief, succeeding in online business doesn't require superhuman skills. With the right tools, a bit of know-how, and the right attitude, you can make it happen, Captain—no cape required.

You've likely come across buzzwords like copywriting, branding, and SEO. These skills are essential and can significantly impact your business growth. However, what people tend to skip are the foundational skills that will serve as the backbone—effective communication, problem-solving, time management, and persistence, which lay the groundwork for your success.

Be A Sponge, and Be Willing to Learn

To be successful online (or in anything, really), you must first be a competent student. This is the very first ability you'll need to master. What does that even mean? Choose one business model and study it thoroughly. Investigate every aspect of it and discover all of its intricacies and techniques. I'm not suggesting you learn EVERYTHING all at once, more on that later.

But it's a good idea to have a general sense of what is needed. Suppose you're going with dropshipping, for example. To get started, you'll need to know how to establish a store (I recommend WooCommerce and Shopify, but Etsy also works well if you don't have a website), select items that will sell well, secure suppliers, ensure product delivery with your branding, provide customer service, process refunds, and so on. Basically, how are you getting your product to your customer? And what's the process if they need to return it or ask for a refund?

Create and test a basic workflow, then revise and try new methods to make it your own.

Putting What You've Learned To Good Use ASAP

It may seem daunting at first, but you don't have to learn it all at once. The ideal approach to do this is in stages. Learn and implement. Then test and revise as needed. Even if you don't have any items to sell, go ahead and create a store. You must APPLY what you've learned, and you should do it as soon as possible. This way, the information sticks to your noggin longer than three seconds.

You may not have all the knowledge yet, but it's still essential to pursue your business goals. Bet on yourself and take a leap of faith.

Practicing these techniques will help you master what's essential for your business model. Trying to learn everything up front can be overwhelming and time-consuming. Don't fall into the trap of using it as a crutch to procrastinate, mistakenly believing that being busy is taking action.

How will you know if a skill you just learned applies to what you are doing if you're not testing it out?

🗣️ The moment you think you know everything is the moment you STOP learning and start losing money. There's always something to learn when things are constantly changing. 

Keep up or get left behind.🏎️

Quality Demands for Each Iteration

Another name for repetition is iteration, but in this case, we're repeating the process to obtain multiple results. The harsh reality is that not every product you try to market will succeed. Only one of the 10 products you test may be a success. This is quite typical. As you improve, you'll come across excellent items/services to advertise and test, but remember that you'll make mistakes as well. It's all part of the process and can't be rushed.

This is a game of numbers. Not every book you create will sell well. Not every domain you acquire will be sold for thousands of dollars, and not all of your products will succeed. That shouldn't deter you from attempting again. The more you produce, the more opportunities you will have to get you closer to a hit. Could you imagine being a basketball player and quitting after one missed lay-up?

Take a look at your previous blunders to figure out what went wrong. It's simply a case of making adjustments and modifications to improve your performance from there. Repetition is the mother of learning. In each new phase of the process, you'll be able to produce better results. Don't get bitter, get better.

Scaling and Beyond

New level, new devil.. In other words, what got you here won't get you there.

While it may seem too early to address scaling, you do have think about the type of business you want to build and how you plan on scaling it.

Some folks want to work less but live comfortably. Others want everything a bigger business offers. Each choice means a different path. Know what you want, and plan for it.

Either way, you'll need to manage your budget more effectively, outsource non-essential tasks, automate processes, and increase sales by upselling or cross-selling. You might need to improve your advertising budget or recruit a staff of writers, among other things.

More money, more effort. Those are the breaks. Because your time and energy are limited, and you won't be able to do it by yourself.

Conclusion

Mastering online business is not easy, but it is worth it in the end. You should always be learning more and implementing what you've learned. This is the only way to achieve success with an online business or any goal you set your mind to. Pursue your goals and don't give up, no matter how difficult things may seem at first. With hard work and determination, you'll be able to achieve anything.

That was my Lisa Simpson moment.

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Learning How To Master Online Business and Succeed Without Being a Tech Genius FAQ

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