Everybody’s hustlin’
These days everybody’s got some side hustle going and why not? It’s never been easier, it can be fun and you can make some money. It’s really important to think, early on, about what you are trying to do and plan accordingly. Is this going to be a creative outlet that might bring in a little money? Will it be an ‘experiment’ just to get your feet wet? Or are you looking to establish a serious business? There is no wrong answer, it really depends what you are up to. However, it’s important to begin with the end goal in mind. What is it that you want from your online business?
What’s the difference?
Is your online business a hobby?
Your online business could be just a hobby. It might be more about having fun, working in your spare time, a creative outlet with intrinsic rewards. This is something you actually enjoy doing. Making money is a bonus. This is definitely something worthwhile to pursue. You might have a talent or skill you want to share that could grow into something more.
Is your online business a Side Hustle?
Your online business could be a side hustle. You might be more focused on money making. It might not be something you would do just for fun, but it has a potential to earn money. It’ something that you can work on in your spare time.
Is your online business a Business?
Your online business might be something that you have big plans for. A business is a little more serious. If you plan to make a lot of money, you need to take it a little more seriously. You might actually schedule time to work on your business and not just work on it in your spare time. Maybe you have a business plan and are considering establishing a legal entity such as an LLC. You might want to open a business bank account and establish business credit.
Where to start?
No matter what you are trying to do with your online business, the most important thing is to get started and try something. That is the only way to really learn. I’m a believer in finding a good mentor. Don’t try to reinvent the wheel. Find someone who is having some success and learn from them. You might have a friend who can share what they are doing and get you started. Most likely, you will need to find someone online to mentor you.
There is no shortage of experts out there and you have to be careful. However, many of the most successful people are very open about sharing their advice and strategies. I have followed several them and done a lot of their training. The link below is one of the best programs I’ve found so far. Jeff Lerner’s Entre Nation is an incredible resource to learn about online business. He has brought together experts and resources that can help you get started the right way.