What is the best online business for you to start? I get asked this question all the time.

There are so many different online business models to choose from that it can get overwhelming to know which one is best. We are so blessed to be able to have all of the amazing opportunities that the Internet provides us with.

Technology has changed the business landscape, so much so that the traditional career paths that society has laid out for us have been challenged. Taking the road less traveled has started to become the norm for many people.

After reading Tim Ferriss' book, The 4-Hour Workweek, I discovered that I could build an online business and I was hooked. I knew that I had to do whatever it took in order to make my dream a reality. Did I encounter challenges and barriers along the way? Did I make mistakes and fail? Did I encounter limiting beliefs, fears and doubts? Yes, but it was all worth it.

Today, I've built a thriving online business and I am able to live my dream of financial freedom and abundance. Are you ready to figure out what is the best online business for you?

Watch the video below:

(Click here to watch on YouTube)

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Are you ready to learn which online business is best for you to start? CLICK HERE to take my quiz!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

What is the best online business for you?

This is a challenging question to answer. As human beings, we don't really know what is going to be best for us until we try new things. Everyone has different interests and skill sets. The best online business for you may depend on how much experience you already have in the online business world, the amount of money that you have to invest, or the amount of time that you have to build your business.

One of the most important factors at play in determining what is the best online business for you is to determine what your passion is. What makes you come alive inside? That is what you need to focus on. I speak from personal experience when I say that money alone will not sustain you, because it is only a short-term motivator.

This idea is supported by a study that interviewed 600 managers and found that 95% of them misunderstood what it was that motivated their employees. After analyzing over 12,000 employee diary entries, the number one work motivator was found to be emotion, not financial incentive. It was the feeling of making progress every day toward a meaningful goal that mattered most.

You may have to try out a few different business models in order to figure out what is the best one for you. Once you figure it out, you need to go all-in and commit to investing the time, energy, and hard work it takes to build a sustainable online business.

If you have a ‘get rich quick' mentality, you won't get far, because building a business requires that you fall in love with the process of doing it. Oftentimes, people get so caught up in the end result that they forget to enjoy themselves along the way.

It's important to understand that the end result of a successful business is the byproduct of your daily actions. Instead of aiming for your end goal, aim for the journey that it will take to get you there.

The best online business for you is the one that you BELIEVE you will excel at most.

If you aren't excited about something and don't buy into it, you won't do whatever it takes in order to be successful. Nothing will work unless YOU work. The fact of the matter is that every online business has its pros and cons, so you need to find the one that is the most aligned with your values.

I've got a free quiz that I created that will help you get clarity in terms of figuring out what is the best online business for you to start. Similarly, you can check out the free course that I offer, where I share the 7 online business models that have made me an Internet millionaire. Within that course, I share a ton of great resources that will help you to kickstart your online business.

At the end of the day, all of the online business models work. However, what will determine your success won't be your strategy, but rather the mindset that you adopt. Commit to mastery. Put in the hard work, take consistent action, and do whatever it takes to succeed.

In the words of Richard Branson, “There's no such thing as an accidental entrepreneur – it's deliberate, it's conscious, and it's hard work.” Are you ready to go all-in?

Are you ready to learn what is the best online business for you to start? CLICK HERE to take my quiz!

Do you want to know 3 reasons why you need a business plan? A business plan is your blueprint for business success. Starting a business without one is like building a house with no materials. It just doesn't work.

Unfortunately a lot of entrepreneurs shy away from writing a business plan because the idea of planning so far in advance creates anxiety, but it doesn't have to.

Studies have shown that while completing a business plan is not a guarantee of success, it does indicate that the type of entrepreneur who completes one is also more likely to run a successful business.

In the words of Alan Leiken, “Planning is bringing the future into the present so that you can do something about it now.” 

Do you want to learn how to create a compelling business plan? CLICK HERE to join my Online Business Mastery Accelerator program!

Here are 3 reasons why you need a business plan.

1. Helps You Create A Sense of Clarity

The purpose of a business plan is to create a sense of clarity with regards to the long-term objectives of your business.

When we are unclear about the vision, purpose, and goals of our business, we are left floundering. You can't expect to achieve success if you don't have a plan for getting there.

Do you get in your car without knowing where it is that you are going? Probably not.

Think of a business plan as if it were a roadmap for your success. It helps you analyze and determine how you will set your business up, where you are going, and how long it will take to get there.

2. Helps You Manage Your Cashflow

The ability to manage cashflow is one of the most important components of entrepreneurial success. Without cash, your business won't survive. Philip Campbell, the author of Never Run Out of Cash, says that, “Poor cashflow management is causing more business failures today than ever before.”

Having a business plan will help you better manage your costs, sales, and business expenses. Not only that, but it will allow you to make financial projections for the future of your business.

3. Helps You Map Your Future Success

A good business plan helps entrepreneurs create a roadmap for achieving their goals. Without a solid plan, how do you expect to get to where you want to go?

Putting your long-term vision on paper allows you to better understand your business and the specific courses of action that you need to take.

This is a great opportunity to ask yourself the important questions that need answering, early on, so that you can create the momentum that you need now and into the future.

As Jeff Hoffman, co-author of, SCALE: 7 Proven Principles to Grow Your Business and Get Your Life Back, likes to say, “Your business plan is more about the questions you ask and get yourself to struggle with, than it is about finding the ‘right’ answer.” 

These are 3 reasons why you need a business plan. Every entrepreneur needs one. If you haven't written one already, I encourage you to do so. It is the first real step on your journey to long-term business success.

Do you want to learn how to create a compelling business plan? CLICK HERE to join my Online Business Mastery Accelerator program!

Do you work ON or IN your business? If it's the latter, it's time to make a shift. If you want to grow your business and sustain it, long-term, it is imperative that you work smart, not hard.

A lot of entrepreneurs adopt the mindset that they can do most things in their business better than anyone else. This may be true, but you can't do it all, nor should you.

When you work ON your business, you adopt the role of a “doer”, managing all of the daily operations that come with running a business.

In the words of Robert Kiyosaki, “If you're not working to get your business to operate without you, you're thinking too small.”

Do you want to learn how to master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Hester Taylor Clark, the founder of The Hester Group, likens managing a business to parenting. It's about having the awareness of when your child or your business has grown enough to be given freedom. Do you work ON or IN your business? Here are three strategies that you can employ to ensure that your business continues to grow:

1. Get Out Of Your Own Way

If you want to run a successful business you need to focus on your strengths. Doing so allows you to be “in the flow“, a place where you are fully engaged and working at your best. Great leaders have an awareness of their weaknesses and delegate accordingly. Yes, nobody knows your business as you do, but it's not about you. It's about your business!

If you are spending copious amounts of time focusing on tasks that take up your time and mental capacity, this means that you aren't growing your business. Drop your ego, work smart, and get help.

2. Hire The Right People

As the leader of your business, you are responsible for finding a talented team of people who can free up your time so that you can work ON your business. What are you currently doing that could be better delegated to someone on your team? Don't engage in anything that is not the best use of your time or skills.

I have a strong leadership team behind me that I trust and respect. When you hire the right people, it allows you to stop wearing so many hats so that you can focus on what matters most to your business success.

3. Create Systems and Procedures

In order to ensure that your business operations run smoothly, make sure that your business is dependent on systems and procedures, rather than people. Utilize tools that will help improve the efficiency of your business processes.

This is the best way to ensure that your team is able to job their job well, and actually accomplish the goals that they set out to achieve. Once you have a winning team of people in your corner, you also want to share your goal(s), strategy and the vision for your business with them.

Every 90 days, my team and I engage in a game-changing business ritual, that not only ensures that our business keeps growing – but it also allows me to focus on tasks that I excel at, and that is of value to my business. Do this every 90 days, and watch your business transform.

Every entrepreneur wants to grow their business, but oftentimes they get stuck because they are too busy trying to do everything. If you want to achieve success, you need to get out of your own way and adopt the role of a leader, so that you can focus solely on tasks that promote the long-term growth of your business.

Do you work ON or IN your business? One path leads to business mastery. I'll let you be the judge.

Do you want to learn how to master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

What it’s REALY like to be a millionaire. Is this something you have ever thought about? Many people have an idealized notion of what it means to be a millionaire.

Just because someone is a millionaire, that doesn’t necessarily mean that their lifestyle aligns with their bank account.

Most successful millionaires do not live how you think they do. Not only that, but they set themselves apart from others by the skills that they have mastered; like confidence, discipline, emotional intelligence, and money management; to name a few.

Becoming a millionaire doesn’t happen overnight. I know that many of you have goals and aspirations of joining the ‘millionaire club’ one day, so I’m happy to share my story with you.

Are you ready to learn what it’s REALLY like to be a millionaire? You may be surprised by what I have to say.

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/569929-plm-475-what-it-s-really-like-to-be-a-millionaire.mp3″ background=”default” ]

Do you want to learn the 7 online business models that have made me an Internet millionaire in less than 3 years? CLICK HERE for instant access to my free course!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Since I was 17 years old, becoming a millionaire was a goal of mine. I became a millionaire when I was 28 years old.  When I achieved the label of ‘millionaire', it didn’t mean that much to me, like I thought it would.

A more pivotal moment in my life was the point at which I was making a 6-figure salary. That is when my life transformed. I was able to travel, quit my 9-5 job, and I didn’t have to worry about money. I had finally achieved financial freedom.

This is what it’s REALLY like to be a millionaire.

A lot of people get consumed with the idea of making ‘big’ money, fast. Adopting this get rich quick mentality can be a form of ego gratification or an insecurity.

When you are obsessed with making a lot of money, it is easy to lose sight of what really matters most in life – happiness. The fact is that money does not buy happiness.

Research shows that wealth may make it harder for you to appreciate simple pleasures in life, and that’s bad news for your mindset, given that most of life is made up of simple moments that have a lasting impact on our lives.

Michael Norton, co-author of the book, Happy Money: The Science of Happier Spending, suggests that, while this is all well and good, the simple pleasures in life don’t seem as exciting as the extraordinary ones.

However, he points out that you can shift this perspective by giving up a simple pleasure for a period of time, which will allow you to savor it even more when you bring it back into your life.

Oftentimes our favorite moments in life don’t involve extravagant things. Rather, they are simple things, like a conversation that left you laughing for hours with people that you love.

This is what it’s REALLY like to be a millionaire.

As many of you know, I preach the value of life mastery. I believe that relationships, health, and positive emotions trump money. You can have all the money in the world, but still be depressed, lonely, and unhealthy. In my eyes, that’s not a definition of success. That’s failure.

I know that I said earlier that I don’t think that money can buy happiness, but there are some circumstances where I believe that it can.

Money allows you to travel the world and experience new and exciting things. Memories of places that I’ve gone and the people whom I’ve shared those experiences with have brought an abundance of joy and happiness to my life.

Money also allows you to invest in yourself. If you aren’t growing, you are dying. The more that you are progressing in life, the happier you will be. For example, I am able to purchase things like a PEMF EarthPulse mat for my bed, which improves my sleep, so that I can perform at my best, every day.

Lastly, one of the biggest things that money provides you with is time. When you leverage it correctly, you can use time to do more of what you really love.

To make a million dollars you need to become someone of value and develop incredible habits that translate to all areas of your life. That is what I am most proud of in my life. The money that I’ve made as a result of the work I’ve done is merely a secondary benefit.

This is what it’s REALLY like to be a millionaire.

Jim Rohn once said, “The greatest reward in becoming a millionaire is not the amount of money that you earn. It is the kind of person that you have to become to become a millionaire.”

Are you ready to upgrade your lifestyle? Be proactive and strive to become the best version of yourself. When you commit to life mastery, anything is possible.

Do you want to learn the 7 online business models that have made me an Internet millionaire in less than 3 years? CLICK HERE for instant access to my free course!

Let’s talk about online marketing 101: The first rule you MUST know when marketing online.

Online marketing is imperative to the success of an online business. Someone once said, “Ignoring online marketing is like opening a business but not telling anyone.” This statement could not be more true.

It’s no longer a question of “Should I do online marketing?”, but rather, “How do I make sure that I do it effectively?”

With the large amount of information that is available online, consumers have become savvy researchers, who actively engage with content in order to influence their buying decisions.

Research shows that 94% of consumers have done their research online, and have become familiar with your products or services, before they even connect with you.

Are you ready to learn the first rule you MUST know when marketing online? You are one click away from discovering the secret to creating a successful online marketing campaign!

Watch the video below:

(Click here to watch on YouTube)

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Do you want to learn how to master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

Let’s dive into the basics of online marketing 101. The end goal of any business is to convert traffic into sales. If you aren’t selling your products or services, your business won't survive.

There are countless ways of getting traffic online, whether that’s from Google, YouTube, Facebook, Twitter, Instagram, LinkedIn, guest posting, press releases, or elsewhere.

Once you attract people to you, you want to direct them to a sales page, which promotes the product or service that you are offering. A campaign like this is most effective if the product that you are selling is less than $100.

In terms of pricing your product, it will depend on the niche or market that you are in. If it’s business or marketing, and it’s around a topic that helps people achieve a certain result, you can charge more.

However, it can be challenging to charge more than $100 in other niches, like health, fitness, or self-development, because the product or service isn’t targeted around a specific result. Whether or not your traffic will convert, and who will buy, is dependent on two factors.

The quality of the traffic

There are three different kinds of traffic – cold, warm, and hot. Cold traffic involves somebody who doesn’t even know who you are. Given that the trust hasn’t been developed yet, they haven’t warmed up to you or your product.

Warm traffic is someone who has already consumed some of your content. They recognize your brand and they have received value from you. Hot traffic is someone who has already purchased something from you or has consumed so much of your content that they are really eager to buy.

This is why I’m a big fan of value-added marketing, which involves adding value, upfront, in the form of free videos, articles, a podcast, a guide, or other forms of content. Adding value is one of the most important strategies that you can utilize in order to acquire and retain more customers, increase awareness of your brand, and differentiate yourself from your competitors.

Bob Hooey said it best – “If you aren't taking care of your customer, your competitor will.” Adding value is what turns people from cold, to warm, to hot, which will then make them more inclined to buy one of your products or services.

The quality of the sales page

The quality of the sales page comes down to the actual offer and the product itself. Do people perceive your product as valuable? Is it worth the cost? Is it adding more value than what you are charging?

In my experience, if you have quality traffic, then regardless of your sales page people are going to buy from you. The buying process will be even smoother if you already have followers and subscribers on your email list. In this case, you can simply direct them to your sales page because trust has already been established.

They have already decided that there is value in following you; so buying is an easy decision for them to make. The reality is that people do business with people that they know, like, trust and value. You could have the best product on the market, but if you aren’t generating leads, your business won’t grow.

The ability to convert traffic into sales is the first rule you MUST know when marketing online. If you can master this rule, you will master your online business.

Do you want to learn how to master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

Do THIS every 90 days, then watch your life and business change. I would like to share a powerful self-improvement ritual that will ensure that your business consistently grows every year.

I am a big believer that, at the beginning of every year, you need to set goals for yourself and check in to ensure that you are making progress.

The ritual that I am going to share with you involves more than just setting goals. It’s about taking a step back and looking at the bigger picture of your business and your life.

If you want to achieve success, you need to assess the direction of your business and your life, in order to ensure that you are gaining ‘altitude’, as Eben Pagan says.

Are you ready to learn about a game-changing ritual for your business and your life? Do THIS every 90 days, then watch your life and business change.

Watch the video below:

(Click here to watch on YouTube)

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Do you want to learn the 7 online business models that have made me an Internet millionaire? CLICK HERE for instant access to my free course!

Every 90 days I schedule a meeting with my team, and I create a specific format for it. If it’s only you in the meeting, schedule it in the same way.

Here is the meeting format that I recommend you follow. Do THIS every 90 days, then watch your life and business change:

1. Review The Vision For Your Business

A clear vision gives a business and a team a sense of direction and inspiration. In my business, I make an effort to ensure that everyone on my team is in alignment with my vision, and that we discuss what that vision is on a regular basis.

Not only that, but if the vision changes in any way, we talk about the ways in which we will need to adapt our business processes in order to ensure that we are constantly growing and expanding.

Keep in mind that it’s important that you continually check in with people to ensure that they are still on board with your vision.

2. Review The Values For Your Business And Your Life

Values are critically important for your business. Not only that, but you want to make sure that there is alignment between the values that you adhere to in your life and the ones that you promote in your business.

What does your business stand for? If you have a team, you need to communicate to them which values are most important to you.

3. Give And Receive Feedback

Feedback is a great way to develop a sense of awareness about where we can improve, so that we are consistently making progress. A lot of people forget this step in their business because they don’t create a ritual to assess themselves and their team.

There are three people on my leadership team, including myself. These are people that I trust and whose opinions I value. Like any relationship, disagreements can come up within a team, and if they aren’t expressed openly it can cause resentment amongst team members.

Each person in the team shares what he or she feels they believe that they are good at, and what they can improve. I then reflect upon what I believe that I need to improve upon, and then I allow the other members of my team to do the same.

My job is to shut up, listen, and take notes. I want my team to be honest with me. The goal is to help each other grow and improve. This is a great trust-building team exercise.

4. Analyze Your Business

As a group, my team and I then brainstorm the areas where we feel that our business has done well. We celebrate and acknowledge our accomplishments over the last 90 days, and the areas where we think we can make improvements.

We also talk about any ideas or suggestions that the team or myself may have for moving forward into the next quarter.

5. Set Goals & Actions for Next 90 Days

Things change throughout the year, so you need to be flexible. In my team, we reassess the goals that we had during the previous quarter, and then for the next quarter we decide what we want to focus on.

I always try to make sure that my team and I have goals in multiple parts of our business, and that each individual has a goal that they are moving towards.

When everyone has a goal, it allows him or her to brainstorm creative ways that they can achieve it. I also make sure that there is always a reward for achieving a goal and make sure that the goal is S.M.A.R.T. (Specific, Measurable, Attainable, Relevant and Timely).

6. Inspire Personal Growth and Development

Every quarter I want to make sure that my team is learning and growing, whether that’s in the form of reading books, attending seminars, taking part in courses, etc.

These are things that I support my team with because I want to invest in them, like I invest in myself. By giving the people on my team the opportunity to develop new skills, that in turn supports the growth of my business as well.

My team then shares their ideas with the group, and then for the next quarter we determine how we are going to commit to learning. We make sure that everyone on my team has goals that they are moving towards.

I highly recommend this ritual. If you want to succeed in business, you need to work on it, not in it. Take it seriously and commit to mastery.

You need to be constantly checking-in, assessing, evaluating where you are at, and where you want to go. This is what the most successful companies in the world do.

Act as if you are bigger than you are. Do THIS every 90 days, then watch your life and business change.

Are you ready to take your life and your business to the next level? In the words of Frank Ocean, “Work hard in silence. Let your success be the noise.”

Do you want to learn the 7 online business models that have made me an Internet millionaire? CLICK HERE for instant access to my free course!