Ep.3 5 Ways To Make Money Online
Show notes
Five Effective Ways to Monetize Your Online Business: Strategies for Beginners
In this episode, host Ivana dives into the essential question of what to offer and how to offer it when starting an online business. She breaks down five practical ways to make money in the online space, emphasizing the challenges of following different mentors and the confusion that arises from varied advice.
Ivana highlights the importance of creating a value ladder, exploring options like one-on-one coaching, group coaching, consultancy, workshops, and 'do it for you' services. She combines her insights with relatable examples, such as a sports and fitness coach and a teacher, to illustrate the diverse approaches to building an online business. Her advice encourages beginners to focus on immediate, feasible actions and to leverage their existing skills and resources. Ivana also stresses the importance of taking action, overcoming self-doubt, and not being paralyzed by the pursuit of perfection.
This episode is packed with valuable takeaways for anyone looking to start and grow their online business.
01:06 Understanding high ticket offers
01:57 Creating a value ladder
03:01 Five ways to make money online
03:28 One-on-One coaching and consultancy
05:22 Workshops and Mini-Courses
09:24 Do It For You Services
13:03 Creating digital products
15:47 Combining multiple income streams
19:41 Taking action and overcoming doubts
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