Digital Entrepreneurs’ Top 5 Secrets to Building a Successful Online Business​

There are no greater opportunities these days than to work remotely, better yet, to start a business at home! The pandemic has accelerated the shift towards a more digital world and this triggered dramatic changes to both producers and consumers alike. Many small business owners had to lean into the online platform in order for their trade to survive. And that’s not as simple as you think. The same difficulty of putting up a brick and mortar business might just be as difficult – or even more so – than establishing a digital one.

That being said, here are some secrets that those who have perfected their craft in the art of digital business have shared in order for those who are just thinking or starting to grow a home-based business will be successful in doing so.

1. Invest and Establish Your Online Presence

This goes without saying, but if your business is not on the internet, basically, it doesn’t exist. Why? Research shows that 84% of internet users carry out online searches for a product or service to purchase, and 77% follow through with their purchases. That’s 84% of the internet users who will never get to know your business and 77% who will never get to purchase them.

One of the most vital steps of becoming a successful digital entrepreneur is website and marketing. This is where you should put your money in order for your brand to be known and be “out there” for the netizens to see. Growing your online presence across multiple social media platforms and showing up in search results for the products or services you offer can significantly gain you a lot of followers and potential customers, therefore increasing your sales.

2. Set Your Mind to be Productive

While you may be more comfortable working at home than in an office, empirical evidence shows that you will considerably get less work done. This is because of all the distractions around you. Endless scrolling through social media is tempting enough when you’re at the office, but now that you’re at home where no one can supervise you, you can waste away hours of the day scrolling through your timeline unproductive and you wouldn’t notice. If you have kids, you’ll be getting up from your seat more times than needed. Or if you have pets who would love to play and cuddle and you just can’t resist them. Or chores that you just want to get done with. The list is endless!

You need to set a boundary between your home life and business life, even though you’re just in the comfort of your own house. Try to condition your mind to get into “work mode” by setting up a dedicated space in your house that you can call your home office. Control your urge to scroll through social media, let your kids understand that specific space in the house is off-limits and it’s your very own work space so they won’t bother you when you’re working, schedule breaks where you can feed and cuddle your fur babies when needed, and try not to do all chores in one day so as not to overload yourself with houseworks. 

This will allow you to get more important things done for your business. Don’t worry, your business will work for you once you’ve established it. Invest more time and attention on it as you are building because when it’s already up and running, you can have all the time that you want in the world because your business will just run in the background. 

3. Time Management is the Key

In relation to the second point, time management is the key ingredient to becoming productive and having a successful digital business. Knowing that time is valuable and it must be spent wisely can help set the right perspective for all aspiring digital business owners. If you are just starting, the earlier you get used to managing your time, the faster you’ll be on your way to success. Turning those social media breaks into learning opportunities by researching valuable information for your business is a good place to start. The main struggle of home-based business owners is dealing with a lot of environmental and technological distractions. Managing your time wisely will help keep you on top of your goals.

Try to spend lesser and lesser time on social media each day, unless of course it’s work-related, then it’s okay. But the moment you realize that you’re already browsing and being idle, have the discipline to know how to log out or exit the browser and resume working. One of the best ways to combat these distractions is by setting goals you want to achieve for the day, from morning till afternoon. Limit your number of breaks and use them only when really necessary. This will help set your mind that you must not do anything else if you haven’t accomplished your goal for this specific time yet.

4. Create a Customer-Attracting Website

In relation to the first point, creating a website is actually something that you can learn to do by yourself. In this progressing world of the digital age, there are multiple platforms that let you create your own website for a reasonable and budget-friendly price. You don’t need to think deep thoughts on designing or coding since there are a lot of templates available for you to tweak and edit around your taste. However, if you have no time to do so, investing a little bit more to hire web creators will be great as well. Having a website is so much more than just creating it. There’s content writing, maintenance, SEO, and more! Investing in these will help propel your business towards the fast lane of success.

Remember, having a high-functioning, user-friendly, and optimized website will help drive traffic and customers to your business, therefore potentially increasing your sales.

5. Monitor Your Progress

Having your own home-based business is already rewarding in itself but if you don’t keep track of your development, it’s very easy to feel lost and unproductive. Monitor and record every improvement – even those small and minute progress that you accomplish each day. Little things add up, as they say. It might not be as exhilarating as achieving great breakthroughs on the daily but safe baby steps can eventually grow into huge leaps.

Monitoring your progress can help you see visible results of your hardwork and the amount of time and effort that you put into your digital business. It will also drive you to do even better, assess which area needs to be improved, and which should be retained as it’s already doing great. Cultivating an online business at home can be as slow as molasses sometimes, but looking ahead to the fruits it will yield should be enough to keep you going.

Now that you know these top 5 secrets, it’s time to put them into action! Experience what it’s like to have your very own successful home-based online business by doing putting in the hours and hard work. Besides, nothing in this world ever comes easy. The things that you work hard to achieve will be the things that will give you the most satisfaction.

Not sure which digital business to venture into? I’ve got the perfect recommendation for you! Just watch this FREE webinar and you’ll know everything about it. You can message me personally so I can walk you through if ever you have any questions.

Are you ready to be a successful digital owner? Go here to get started.