The Mind Your Business Podcast

Episode 605: What I Would Do If I Was Starting a Digital Business in 2023: Where to Start, What to Focus on FIRST, and How to Launch

Apr 10, 2023

57:21

Creator website

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Identify niche, get results, build credibility, create content to attract audience, launch products strategically.

Delegate tasks, refine offer, analyze metrics, expand to immersive experiences for business growth.

Deep dives

Starting a Business in 2023: Key Steps and Strategies

To start a successful business in 2023, follow these key steps and strategies. First, identify your niche by determining who you want to serve and what problems they need help with. Next, focus on getting results for five clients and collecting testimonials to build credibility. Simultaneously, create a platform through podcasts or YouTube to attract an audience and distribute valuable content. After securing your first five results and testimonials, launch a beta program, live or automated, focusing on a low-ticket high-volume or high-ticket low-volume model. Rinse and repeat this launch process consistently to build momentum. Consider hiring a virtual assistant to delegate tasks and support your business growth. Refine your offer and sales system, constantly analyzing and improving metrics. Finally, expand into immersive experiences like retreats or workshops to offer an in-person element to your business. Stay strategic and data-driven throughout your entrepreneurial journey.

Introduction

3min

How to Approach a Business in 2023

4min

The Importance of Balance in the Digital Expert Business

6min

The Importance of Branding

3min

How to Cultivate a Teaching Mindset

6min

How to Start a Business Out of Your Needs

5min

How to Teach Intuition to Business

3min

The Curse of the Coach

4min

How to Make a Name for Yourself

3min

10.

How to Be a Successful YouTuber

3min

11.

How to Launch Your First Beta Program

5min

12.

How to Build a High Ticket Experience for Your Ascension Model

6min

13.

How to Launch a Starter Product

3min

14.

How to Start a Business on Your Own

6min

What would I do if I were starting over in business? What are the initial steps I would take and how would I approach things if I had no audience, no reputation and no results? These are some of the most common questions I get from a lot of newer entrepreneurs who are just getting started, which is why I wanted to answer them today on the podcast!

If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag us, @jameswedmore and @jeunejenni.

Business By Design is coming June 1st! To join the priority notification list and to be the first in line when the doors open, go to www.jameswedmore.com/rise!

Haven’t left a review yet? All you have to do is go to http://jameswedmore.com/itunes, and thanks for your support of this show!

I want to invite you to help contribute to this podcast by submitting a question for a #Q&AEdition of The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/QA and record a question (under 4 minutes or less) that could be featured on an upcoming episode.

In this episode you’ll hear:

The two big reasons I love the online expert business so much, and why it would be my choice of business to do if I were to start all over right now
Why it’s key to realize the value of your name, reputation and personal brand
How teaching others would still be a central piece of what I do if I were starting over today
Some other ways that you can help people that isn’t directly through teaching
The steps I’d take if I were starting an online business in 2023, including the very first question that I would ask myself
Why niching down and being very specific about who you serve is so powerful as a new entrepreneur
What can be your competitive advantage if you are just getting started versus being a larger, more established business
The two strategies that are proving to be the most successful to use in 2023
What should be the next steps to take once you get to the point where you are 90 days out from your launch
The main thing I would make sure to do right after completing my beta launch

For full show notes and links, visit: https://www.mindyourbusinesspodcast.com/blog/605

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.