Find Your Money-Making Online Business Idea!
Flipped Lifestyle™ Podcast
Shane Sams
4.9 • 575 Ratings
🗓️ 7 November 2023
⏱️ 50 minutes
🧾️ Download transcript
Summary
Today's guest on the podcast is Flipped Lifestyle community member Mike Buchanan! Mike is in software development, has created multiple products over the years, and he now wants to move into online business and create a membership, but he has a dilemma: too many ideas!
Mike and Shane Sams will try to figure out which of Mike's three ideas provides the best path to a profitable online business. Focus on the one that has the best chance to succeed by going all-in. If you try ideas A, B, and C at the same time, you make it more difficult to see what works.
Brainstorming, choosing which idea is quickest to get to market, and using SWOT analysis will give you clarity on which idea you should pursue.
In today's episode you'll learn:
- How to decide which online business idea to try
- Don't let your biases or assumptions get in the way
- How to prioritize and go all-in on one idea
- Don't let your biases or assumptions get in the way
We can help you start, build, and grow an income from home even if you've never made a dime online! Learn how at https://www.flippedlifestyle.com!
Transcript
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| 0:00.0 | Hey, all, I'm Shane Sams. |
| 0:01.2 | Welcome back to the flipped lifestyle podcast. |
| 0:04.2 | This is the podcast where I bring real members of our flipped lifestyle community |
| 0:08.8 | onto the show to celebrate their action taking, to celebrate their success, and to help |
| 0:14.1 | them take their next steps in their online business journey. |
| 0:17.0 | And you get to listen in to these coaching calls, these mastermind calls so that you can |
| 0:21.3 | figure out tips and tactics and strategies that you can use to take your online business dream |
| 0:26.4 | to the next level, build something out in the world to change your family's future. |
| 0:30.8 | My guest today is an awesome flip-bops style community member. His name is Mike Buchanan. |
| 0:34.6 | And, you know, he kind of came here looking for some different strategies some marketing tactics but the problem was he's trying to do like five ideas four |
| 0:43.3 | ideas and I had to back him up and say look man we're going to have to spend this podcast |
| 0:47.1 | choosing your idea because you can't do two things man you can't serve two masters people |
| 0:52.7 | you got to go out you got to focus your energy you got got to pay attention. You got to work through things, A, B, C, and you better get A done or B will never happen. And that's what we're going to talk about today. We're going to lay out all of Mike's ideas and we're going to choose his idea right here on the show. We're going to see how that evolves so that he can go take action. He can go execute and he can do this, |
| 1:12.2 | not try this. He can make it happen, not think about it happening. And that's what we want for you too. I know there's a lot of people out there right now, you know, that are struggling with your first online business idea. Maybe you're sitting there and you're like, I know I could do this, but I got 10 different things I want to try. This episode is going to help you pick your idea. And for the veterans out there, listen, you may think you got to figure it out, but you don't. None of us have it figured out, including me, including Jocelyn, my wife. And every single day, entrepreneurs, man, we are wrestling with ideas. The strategies and tactics I'm going to give you today will help you figure out the next idea that you should pick. |
| 1:44.7 | The next idea you should try for your next course, your next piece of content, your next membership |
| 1:49.7 | tier, or maybe even your next marketing campaign. |
| 1:52.5 | These are tried and true best practices that you can use to get focused and take action on your next idea. |
| 1:59.1 | So as always, thank you for listening to the Flip Lifestyle Podcast. |
| 2:02.4 | We are so proud and appreciative of your trust and your listenership every single episode. |
| 2:07.7 | Wherever you're listening, maybe on your couch, maybe in your car, maybe on a treadmill. |
| 2:11.0 | Sit back, relax, and enjoy the show. |
| 2:14.5 | Welcome to the Flip Lifestyle Podcast, where life always comes before work. |
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