The 5-Step Framework for Creating a Successful Online Business

💡Solving problems is the key to making money ethically and providing value to others.

🚀Identify a burning problem in the areas of health, wealth, or relationships to create a successful business.

🌟Start by solving your own problem and document your journey to gain credibility and understanding of your target audience.

📚Develop a framework for solving the problem and create a minimum viable offer to start your business.

💎Differentiate yourself by offering a unique selling point and increasing the perceived value of your product or service.

How do I identify a problem to solve?

—Focus on the three core human desires: health, wealth, and relationships. Identify burning problems in these areas to create a successful business.

How do I gain credibility?

—Start by solving your own problem and document your journey. This will help you understand your target audience and gain credibility in your niche.

How can I differentiate myself from competitors?

—Find a unique selling point for your product or service. Offer something that competitors don't, and increase the perceived value of your offer.

Do I need a large team to run a successful online business?

—No, you can create a successful online business without traditional full-time employees. Focus on efficiency and quality of work, not the number of hours.

How do I start building an email list?

—Create an incentive product, such as a free ebook or template, that provides value to your audience. Offer it in exchange for their email.

00:00Introduction: It's a myth that you need to hire a bunch of people to make money online. You can create a successful online business following a 5-step framework.

02:32Step 1: Solve a burning problem in the areas of health, wealth, or relationships. Provide value to others to make money ethically.

05:40Step 2: Solve your own problem first. Document your journey and gain credibility in your niche.

08:53Step 3: Develop a framework to solve the problem. Create a minimum viable offer to start your business.

11:59Step 4: Differentiate yourself from competitors. Find a unique selling point and increase the perceived value of your product or service.

14:40Step 5: Build an email list by offering an incentive product in exchange for emails.