How To Build An Online Business From Scratch in 30 Days

And in this blog post, I’m literally going to walk you through the step by step, exactly what I would do if I lost everything in my business.

Literally, if I was going to build my business from scratch all over again, what would be the essential things and steps that I would move forward with in order to get back what I have today?

With that being said, if you’re interested in learning the essentials of the things that I would do, then keep on reading.

So let’s get into it, I’m getting super excited about this.

Table of Contents

• 5 Ways To Build An Online Business From Scratch
  • 1. Picking A Winning Skill
  • 2. Competitor Research
  • 3. Create Content
  • 4. Market Research Surveys
  • 5. Create a Lead Magnet
  • Conclusion

5 Ways To Build An Online Business From Scratch

1. Picking A Winning Skill

Okay, so like seriously, let’s think if I lost it all and I was really starting from scratch, I had nothing to my name. What I would do as my number one step is to list down all of the things that I’ve ever accomplished.

And the things that I’m good at, but this is the number one thing that I would actually do.

And the reason why I would do this is because since I’m starting from scratch, it’s really important for me to really zone in on the skills that I can monetize.

But ideally, it’s really important for me to actually look at myself from a bird’s eye perspective and see what are the types of skills that I can easily and quickly monetize.

All right? So once I’ve pinpointed a winning skill that I believe I can do better than the average.

And by the way, if you don’t feel confident in your current skillset, make sure you get a true objective point of view

from a friend or a family member who knows you really well and ask them what they think is a skill that you have that is better than others.

But anyways, once I’ve fine tuned and figured out that winning skill that I can offer and that I can monetize

The next thing that I would do is actually create a buyer’s persona.

In a nutshell, what a buyer’s persona is is essentially an entire profile of the person that I believe I can help with my skill

Essentially, it’s basically outlining who my ideal client is.

And if you haven’t understood this yet already, my strategy is to sell a high ticket service like Web Designing or Copywriting, I can do these two really well.

But basically

I’m going to create a buyer’s persona where I’m going to really in detail outline who my ideal client would be and also what their point A to point B would look like.

Let me explain what I mean about the point A to point B.

Here’s what I mean by the point A of this ideal client.

• What situation are they in right now?
• What do they need help with?
• What are their pain points?
• What are they struggling with?

And then I would move on to thinking about their point B

• Which is basically where do they want to be?
• What are their goals?
• What would look like a success in their eyes?
• What do they really really want to achieve in their life?

And after I realized what their point A to point B is,

I’m then going to look at the bridge between point A to point B.

What do they need in order to get from point A to point B and whatever they need is what I’m going to offer.

I hope you’re getting the gist?

Because what you need to realize when you’re selling a high ticket service is that, you need to fill a demand and that’s a mandate, it lies in that sweet spot between their point A and point B.

So this is exactly what I would do if I lost it all and I had to Redo my business from scratch and figure out a new offer that I would be selling to this ideal client.

Now,

2. Competitor Research

Once I figured out this gap that I could potentially fill, the next thing that I’m going to do is actually do Competitor Research.

And the reason why I’m going to do this is because I don’t necessarily have time to reinvent the wheel.

I want to make sure that someone else out there is also profitable in this business by doing pretty much the same thing.

Now, this doesn’t mean I’m going to copy the person. Oh NO!

However, the main purpose for doing this is for me to know that there’s success out there and that other people have been successful in doing that similar business.

This means that I’m going to go straight to Google and search up keywords that I think will help me find those people.

Not only this, I’m going to head straight to Instagram, YouTube, and even LinkedIn just to make sure that there’re other people out there doing the same.

On top of that, I’m also going to be leveraging Facebook and look for Facebook groups, so that I can see who the owner of those Facebook groups are and then find their website that way.

Now, after I’ve done some Competitor Research and maybe if I don’t find anything that’s useful, I’ll probably go back to step one and Redo the whole process all over again.

But if I do find someone or people who are profitable in doing the similar business

I’m then going to move on and commit to that idea.

3. Create Content

Now, the next thing I’m going to do is I’m going to start creating content and documenting my journey of starting my business while sharing key advice within that niche.

By creating content, whether it’s on Instagram, LinkedIn, YouTube, Facebook, Twitter, any platform that’s convenient for me.

I’m now going to not only start positioning myself as an authority within this space by sharing my advice, sharing key and valuable content.

But I’m also going to build my personal brand that way, especially the fact that I’m documenting my journey.

I really want to build an engaging and strong personal brand so that I can be a magnet for new prospects.

Not only this, I’m going to be joining Facebook groups, specifically Facebook groups where I believe my target audiences are.

And I’ll be very generous and helping these people within the Facebook group which is going to allow more eyeballs onto my Instagram page, my Facebook page, where I’m actually housing a lot of my own original content.

Now once I’ve developed a solid library of content and I’m starting to attract an audience, then I’ll commence….

4. Market Research Surveys

The next thing that I’m going to do is to host market research surveys because I really want to dive deep into these people.

And I really want to validate my assumptions that I shared with you above where I’m creating that buyer persona.

But instead, I want to actually get in front of real people and validate whether or not my assumptions are right and also ask them if there could be a service that would truly fix all of the problems that they have currently in their life.

What would it be?

I basically want to hop on this research and collect market research data through surveys so that people are literally handing me the answer of the product or the solution or the offer that they would actually buy and that they would actually need.

Once I have a bunch of information coming through using Google Forms or Survey Monkey from people that are filling out my survey.

Then, I can truly understand their pain points, their goals, and their desires.

5. Create a Lead Magnet

I’m now going to collect all that data and create a very juicy lead magnet.

I’m sure you’re following these steps? Okay, good.

Now,

A lead magnet is actually a small landing page where you collect the email addresses of your targetted persona.

By providing them something for free, like a free ebook, free template, or checklist. So you can collect their email addresses in replacement for that free gift.

But it must be something of great value, don’t even think of giving people crap for their email. Don’t do that.

And make sure it’s still in line with your ultimate goal. Something pertaining to what you’re offering.

You can start by using Mailchimp, it gives you the privileged of having your first free 2000 subscribers.

Let’s trim down to the essentials now,

So, I’m just going to create one lead magnet only that’s going to actually funnel into that my high ticket offer.

This lead magnet would be a no brainer lead magnet.

It would be super juicy, super value added.

Most likely it’ll probably be a free masterclass that I offer on evergreen where people can sign up and through that lead magnet, I’m going to share my processes.

I’m going to share my framework.

I’m going to share the things that I would actually deliver in my high ticket offer while still adding value in that lead magnet.

So that regardless of that person decides to buy my high ticket offer or not, they’re still walking away with a lot of value.

Not only this, if I really think about it, I’m currently at a stage where I don’t have a lot of social proof.

I don’t have testimonials to leverage, so what I’m going to do is I’m going to offer a limited time offer slash discount that you can’t find anywhere else specifically.

If I know that I’m most likely going to sell my offer at #25,000 once it’s fully launched and fully prepared, what I’m going to offer to these first round of people that are coming through this lead magnet and learning more about me is that, I’m going to offer it for #10,000 instead.

That way, if I have 10 people who agree that this is something that is worth investing in, that they see value in if I have 10 people, I would have already made a 100k that month.

Now at this point knowing me, I would probably be super nervous to even charge #10,000 for my service, but I’m going to remind myself that most times I don’t have a price issue.

I likely have a positioning issue and that’s why on this masterclass and in all of my content and in my website or whatever material that I have currently online…

I’m really going to make sure that I understand my ideal client and in all of my communication and also within this masterclass…

I’m going to make sure that the messaging that the positioning and that all the value that I’m giving makes sense and is truly attractive to that person.

So it’s not even a question about price.

Now obviously depending on your experience and your capacity, 10 people might seem like a lot for a one on one service.

That’s why instead what I would do is actually turn it into a group coaching program instead of working one on one.

Because I don’t have that much time and I also want to make sure I get through these people quickly so that I can validate this concept.

Make sure I have testimonials in a timely manner and prepare for the next launch.

Not only this, by offering it in a group style of coaching instead of one-on-one, I can then manage my time a lot better and set better boundaries.

Especially since I’m only selling the program for 10,000 compared to the 25,000 that I was planning to offer in the first place.

Now, as I’m ensuring I’m getting results for these 10 clients that I have under my group program..

I’m also going to be listening to their needs, taking in their feedback and also periodically checking in on them and make sure that I’m getting feedback as well as a testimonial at the end, so that I can leverage it for a higher ticket offer in the future.

Not only this by ensuring that I’m always collecting feedback and making sure that I’m listening to their needs, to their suggestions, it allows me to then fine tune my future services as well.

This is why I highly recommend that throughout this entire process, you are listening to the demands of your ideal client or customer because this is really going to fast track your success in terms of building your business from scratch and finding success.

If you aren’t listening to your prospect, then you’re going to be hitting walls, not making the income that you want to make and you’re always going to be confused as to why you’re always hearing crickets.

That’s why even though this post is laid out step-by-step..

There’re going to be activities that you need to do daily, such as engaging with your audience, actually listening to what they want or the feedback that they’re giving you and not only that.

More importantly, mastering your mindset, understanding that the stronger your mindset, the easier that this journey will become.

And that overnight success is not real and that focus and patients are the key things that you’re going to need in order to fast track your success.

Conclusion

Now, if you liked everything that you’ve read so far or you’re really intrigued.

I just want to let you know that I’ve only scratched the surface when it comes to building a business from scratch.