Summary of This Unusual Approach To Online Business Can Make You A Lot Of Money

  • medium.com
  • Article
  • Summarized Content

    Forget The "How To Make Money Online" Question

    The question "how to make money online" is often asked but it's not a good one.

    • It's like asking "the answer to life, the universe and everything".
    • It's too broad and needs to be broken down into smaller, more specific questions.

    Why "How To Make Money Online" Is A Bad Question

    The question "how to make money online" doesn't consider the specific factors that influence success.

    • What are your skills and interests?
    • Which platforms are best for your goals?
    • How are you going to attract customers and make sales?

    There Are No Answers, Only Decisions

    You have to choose the answers. You have to choose your answer.

    • It's difficult because you have very little information to make this decision.
    • Don't get overwhelmed by too much information.
    • The key is to act, experiment, and gather data.

    Embrace The Messy Process

    The path to online success is messy and unpredictable.

    • Experiment with different platforms, products, and strategies.
    • Be willing to pivot and adapt based on the data.
    • Don't be afraid to make quick decisions and stick with them.

    Consider A Faceless Business With Amazon

    Instead of building a personal brand, focus on creating a faceless business that leverages platforms like Amazon.

    • Sell low-content products like journals and planners on Amazon.
    • Research trending keywords and avoid competition.
    • Use data to guide your product development and marketing.

    Faceless Business Examples

    Several successful online businesses are faceless.

    • Kirsten Walters runs a one-person publishing agency that makes money on Amazon, YouTube, and Gumroad.
    • Georgia Austin is a top Fiverr writer who has crossed the $1 million mark on the platform.
    • Many successful solopreneurs on platforms like Medium and Gumroad don't rely on building a personal brand.

    Benefits Of A Faceless Business On Amazon

    Faceless businesses offer several advantages.

    • Focus on sales and profits rather than building a personal brand.
    • Leverage data-driven decisions to maximize success.
    • Sell products that people already want and are easy to market.

    Final Thoughts

    There are many ways to cook an egg, and online business is a carton of eggs.

    • Experiment with different platforms and strategies.
    • Find what works best for you and your business.

    Discover content by category

    Ask anything...

    Sign Up Free to ask questions about anything you want to learn.