The Work From Home Show S1Ep52: Why the Digital Marketplace & Working from Home are the Keys to Business Success
Predictions can take some time to come true, but Naresh's was one that was destined to happen. Listen in to Naresh being interviewed on The Entrepreneur Way with Neil Ball back in 2016. The two explore why the digital landscape and why the work from home environment is so successful in today's world.
Quotables:
"You will never anticipate any of this stuff, I mentioned earlier, you have some great months, you have some terrible months, you just never know. You never know, but it takes a certain type of personality to go through with it and to I guess take that risk."
"Online and digital is where business and the economy are heading."
"People need to understand that we now live in the 21st century digital economy. Regardless of what your business is - you can be a doctor starting your own practice, you can be an accountant setting up your own tax advising shop or whatever CPA type of company you want to start - but I think having an understanding of the digital marketplace, is the first step in starting your business, because everything is going digital. The way people shop, the way people conduct business, the way people communicate, relationships, currencies, they are going digital, and you need to understand the marketplace, you need to understand the opportunities that are in this digital marketplace, because if you don’t, you will be leaving money on the table. So I highly highly recommend that people learn as much as they can about the opportunities that exist in the digital marketplace."
"Websites like Upwork.com and Fiverr.com, people who I have met overseas digitally, who I met through message boards and forums... having all these contacts and connections whom I found digitally has really streamlined my business processes. It's cut costs. It's cut the cost of doing business. Its cut the cost of starting a business tremendously, and five years ago, I didn’t know any of this stuff at all. It's because the digital economy and the digital market wasn’t as developed as it is today."
"I believe that if you look at all these successful business people, one common thread that you will notice among almost all of them is they own real estate. They own property. I don’t own any property or real estate yet, but its an area that I want to get into. Living is a necessity. Living in shelter is a necessity, so there is always going to be demand for residential real estate. The digital economy is going to disrupt commercial real estate. But having a home to live in, to bathe in, to eat dinner at the table: thats a necessity that is going to stay. You can’t digitize that. It's going to stay forever."
"I live at home. I work at home. I do everything at home. My meetings are at home. I do podcast interviews on Skype from home. I live on a beach in Tampa Bay, Florida. The beach has WiFi. I do lots of work from here. I write my books from here. There is just an incredible amount of freedom. I make my own schedule. I can sleep in if I want. I can go out at night and come home late if I want as long as I get my work done and am on top of my stuff. That freedom and control I have over the people who work for me, over my businesses: it's really a great feeling."
Favorite Books:
The 7 Habits of Highly Effective People by Stephen R. Covey
The Bhagavad Gita (Classic on Hindu Spirituality)
The Long Tail: Why the Future of Business is Selling Less of More Book by Chris Anderson
Fifty Shades Of Marketing by Naresh Vissa
Podcastnomics: The Book Of Podcasting… To Make You Millions by Naresh Vissa
Favorite Quote: “If you‘re going through hell, keep going.” – Winston Churchill
Recommended Online Resource: Fiverr.com – Get things done!
Best Advice to Other Entrepreneurs: "You should give entrepreneurship a shot. I hear people complain a lot about their job and so and so at their office or at their company do this, they hate their boss. I think people need to give entrepreneurship a shot because today we live in a great time."
Website:
Featured Photo by Marius Masalar on Unsplash