BUSINESS FAIL is essential for your success.
Read this to find out why my online business has failed.
“There are only two ways to live your life. One is as though nothing is a miracle. The other is as though everything is a miracle.”
I promised you to be very upfront about my online business journey to ultimate financial and lifestyle freedom.
Here we go.
Do I actually have a business?
To answer this question, I need to check the most important metric, which is… SALES!
You only have a business if you make sales.
No sales, no business. That simple.
So far, my online referral business has made $120 USD in sales.
Which means I don’t actually have a business.
I have a website that represents my personal brand and online presence; a funnel that enables my customers to purchase a product that I recommend; a Blog and Facebook group where you can read it.
But I don’t have sales yet.
In an online business, you make sales by generating leads into your funnel. Leads are going to generate your sales.
The reason why I haven’t made any sales yet is that I haven’t started to generate traffic to my website and landing pages yet.
Because there are three main ways that can generate traffic: paid advertising, free traffic through your blog, website etc., and organic traffic which comes from referrals onto your website from other websites, blogs etc.
So, the main reason is that I haven’t started to generate a paid traffic through a paid advertising.
Because before you start your pay advertising, you have to set up Google Analytics, Google Tag Manager, UTM links to your campaigns and learn how to set up advertising campaigns to reach your customer avatar on a platform you believe is suitable for it.
I also came to a realisation that I need to re-do my funnel and re-set my analytics to make them more accurate and enable my customers to have a better experience at the same time to help me to have better traction of it.
I know that the product I offer is great and can help many people to find an alternative way to generate income by doing it online and free of demanding bosses and limiting corporate rules.
How do I know it?
4 months ago, I knew nothing about digital marketing, funnels, analytics etc. I didn’t have any business idea and didn’t even believe that I can do anything about it.
Now I have 80% of my online marketing system set up including website, blog, funnel absolutely from scratch!
I started my journey by simply watching free workshop series that gave me clarity on how online marketing works!
There is still so much to learn about it, but I’m already so far away from the place of uncertainty where I’ve been before!
Ok, I can call it a side hustle instead of the business.
What important is that I know what do I need to do to make my dream come true!
This side hustle empowers me to move forward, learn, develop and feel myself much happier than just doing a soul-killing 9to5 job.
If you have a goal to find your passion and start a business you love, know this.
Starting your business will require you to learn new skills and invest time, money and energy.
There is no other way if you want to start it from scratch.
There is no such system where you can press a button and see money rolling into your bank account.
You have to put a lot of work into it.
But it is so worth it!
When you actually do something meaningful for yourself, it motivates you and it feels great!
Learning online marketing skills is a lot of fun, it is entertaining and interesting.
Writing a blog is a challenge, but I love it.
Helping other people to follow their dreams inspires me.
Sales will come as a result of a value you can offer and skills you can learn.
And the skill of providing value comes from experience.
But as you remember, the best friend of experience is… a failure!
So don’t be afraid of failing on your way to success!
All successful people failed many times before they become successful.
As sooner you start this process, as sooner you see results.
Don’t waste your time doubting yourself!
Just Do It!
Start, learn, fail, succeed!