How awesome would it be to travel to cool countries while still making money? The first time I heard someone talk about “lifestyle business,” I thought they were lying.
Making money online seemed like a dream, but in the last three years, I have seen it’s possible.
For 12 years, I worked a physical job that I hated. I woke up at midnight to deliver bread and deal with angry customers at grocery stores. The first time I heard a podcast talking about lifestyle business, I was hooked. I wanted a lifestyle that involved travel and location independence, so my family could move to Maui, Hawaii.
When I put my toe in the water in 2011 by self-publishing my first book, I got a rude awakening with the all too common experience of not selling any books. I turned to the Internet for answers but all I got was myths and commonly-accepted hype.
Here are five lifestyle business myths I had to overcome to build my dream business and life:
1. The money is in the niche
One of the most common pieces of advice you get when building an online business is to “niche down.” You’re told the more you niche, the more money you can make. While industry-specific niches can be profitable—such as teaching Real Estate or how to become a flight attendant—theme specific niches need to be more general.
One of the best ways to build traffic to your online business is by writing for large authority websites such as the Huffington Post, or Entrepreneur Magazine. These sites have millions of visitors, being too specific won’t appeal to the wider audience. There is money in certain niches, but niching isn’t the only way to build.
2. Copying successful entrepreneurs work
Just because a strategy or way of running an online business worked for someone else, doesn’t mean it will work out for you. In fact, it’s very unlikely you can duplicate someone else’s success by copying. Your goal should be to model success and systems. Not copy them.
People buy from someone they know, like, and trust. That happens when people connect with you and that connection can’t come when you’re copying. Be you. Be original. What makes you who you are is what helps you and your business stand out.
“Instead of wondering when your next vacation is going to be, why not create a life you don’t have to escape from.” – Seth Godin
3. Become an expert
While there is some truth in becoming an expert, the way that it’s taught isn’t helpful. People connect with people, not “experts.” If they don’t like or respect you as a person, it doesn’t matter what you’ve accomplished. True experts focus on adding value to their audience, not pushing titles to impress people.
You become a real expert when you add value to your audience. When you continue to learn and hone your craft, when you build a loyal following and they connect with your message, then you become an “expert.
4. Create more products and courses
When you see entrepreneurs who haven’t been successful online, it’s because they’re focused too much on the products and courses. They’re always designing a new course and creating new products, but don’t have an audience to sell them too.
If you only have ten minutes, you should spend eight of those minutes building your audience, one-minute creating the offering, and one minute resting. Building an audience is the hard part and the step too many people don’t spend enough time on. Build your audience now—even if you don’t have anything to sell. Having an audience means you can always sell later.
5. You will make money quickly
One of the most dangerous myths is that you can build an online business and make money quickly. The people preaching this myth are probably trying to sell you their program or course. Before you buy into the myth, realize that this lifestyle takes time to build.
There are 900 million websites, 250 million blogs, and 150,000 podcasts. No matter what your business topic is, many others are also talking about the same thing. It takes time to stand out from the crowd and build a solid foundation. You only get what you put into this. If you hustle, you can build quicker, but it will still take time.
Waking up every day and experiencing the freedom to spend my days on the things that are important to me is priceless. I wasted so many years existing and have made my goal to live truly for the rest of my days. I hope you’ll join me.
Don’t accept these myths. Build a successful lifestyle business on the side and with focus.
How to Launch Your Startup in 7 Easy Steps
We all want to manifest success in our lives. It fuels our desires to attain something. People perceive success differently as we have different desires. Some go after enriching themselves with material things to get financial freedom. Others study further to advance to the next level in their academic career. (more…)
3 Questions Your Startup Needs to Answer in Order to Maintain Focus
When I was a second lieutenant in the United States Marine Corps at 22 years old, one of my captains at The Basic School was a rugged Marine who’d been awarded the Bronze Star for defending an isolated combat outpost from repeated Taliban attacks. (more…)
3 Startup Workplace Trends You Need to Carefully Consider
One of the most notable parts of startup culture from the outside looking in is trends. You know the stereotype of the startup CEO — he’s wearing a hoodie that probably cost hundreds of dollars and running meetings from a bean bag chair. However, trendiness isn’t always the right choice for your business. It can be good for your startup to branch out, but some risks aren’t worth taking. (more…)
How Your Startup Can Effectively Collaborate With Influencers
As a startup, your priority is to attract, engage, and turn potential clients into lucrative, long-term consumers. And the optimal way to make this possible is by incorporating startup influencer marketing.
Most consumer brands these days collaborate with influencers to grow their business. Why? Because these individuals have built a lot of trust behind them, they can promote your product or services to their audience and get them to trust your brand. This is a huge sales-driving strategy, especially for new and upcoming businesses. (more…)
Turn Adversity Into Your Advantage
The Pandemic Helped Me Battle Test My Habits. These Are the Ones That Stood Out
10 Life Changing Quotes That Helped Me Create A Meaningful Life
The Quickest Hack to Breaking Out of a Slump
How to Land an Internship: The Ultimate Guide
55 Inspirational Quotes That Will Change Your Life
(Images) 52 Motivational Picture Quotes For An Epic Year Of Success
30 Famous Quotes That Will Inspire Success In You
72 Positive Thinking Quotes For More Inner Strength & Growth
40 Rare Motivational and Inspirational Picture Quotes
3 Prince EA Videos To Change Humanities Path To Greatness
(Video) What Is Success? An Entrepreneurial Story To Inspire You
(Inspirational Video) What If Today You Knew You Were Going To Take Your Last Breath?
How To Make Enough Money From A Blog To Quit Your Job – Kate McKibbin
How Finding Your Passion And Becoming An Entrepreneur Can Lead To Happiness – Chiquita Searle
- Quotes4 weeks ago
25 Quotes About Resilience to Help You Bounce Back in Tough Times
- Life4 weeks ago
5 Keys To Success In All Relationships
- Motivation3 weeks ago
Why Isn’t Anyone Talking About These 4 Motivation-Boosting Techniques?
- Success Advice4 weeks ago
Why Body and Mind Harmony Are So Necessary for a Successful Life
- Life4 weeks ago
Drawing Boundaries is an Essential Skill for Getting What You Want
- Success Advice4 weeks ago
8 Traits of an Effective Business Leader
- Success Advice3 weeks ago
How to Lead in a Time of Crisis
- Success Advice4 weeks ago
The Four Ps That Influence Effective Negotiation