Optimal Work Daily - Career, Productivity and Entrepreneurship
1669: [Part 2] How To Make Money on the Internet by Chris Guillebeau on Online Businesses
Apr 26, 2025
Unlock the secrets to making money online with timeless strategies! Focus on leveraging your existing skills and embrace low-risk experimentation for scalable projects. Discover how to shift from passive consumption to empowered creation. Learn how value-based pricing and subscription models can change your approach to business. Plus, hear practical advice for consultants and coaches to build trust through meaningful engagement. Get ready to take actionable steps towards financial freedom!
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Quick takeaways
- Leveraging existing skills and engaging in 'strategic giving' can build audience trust and lead to future opportunities.
- Pricing strategies should reflect the value provided to customers, encouraging a focus on benefits rather than production costs.
Deep dives
Maintaining a Balance of Free and Paid Work
A successful online business should prioritize a mix of free and paid work, with an emphasis on offering valuable contributions without immediate compensation. This approach allows individuals to engage with their audience and build trust, ultimately benefiting the business in the long run. For instance, one business owner described their model as 'strategic giving', highlighting the importance of helping others even when not directly paid. Adopting this method can not only create goodwill but also potentially lead to future paid opportunities.
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