Lewis is the New York Times best-selling author of The School of Greatness, and host of the top-ranked podcast bearing the same name. He’s a writer, speaker, and online educator that teaches entrepreneurs how to start profitable online businesses—and he shares his story in this episode of my podcast, right here. Here's his single best piece of business advice for aspiring young entrepreneurs:


Occam’s Razor – Listed 5 out of 20 times. Another great blog with a slightly different approach than the other players around. Recent posts include: (i) Digital Analytics + Marketing Career Advice: Your Now, Next, Long Plan, (ii) Stop All Social Media Activity (Organic) | Solve For A Profitable Reality, (iii) Artificial Intelligence: Implications On Marketing, Analytics, And You.
Blog posts are the bread and butter of any company’s online marketing – but it gets better from there. A good blog post can be extended to an e-book, shortened into a series of videos, parceled out into infographics, and much more. Each different format gives you the opportunity to reach new prospects and build your brand’s thought leadership chops. All this and you save time.
Unlike most offline marketing efforts, digital marketing allows marketers to see accurate results in real time. If you've ever put an advert in a newspaper, you'll know how difficult it is to estimate how many people actually flipped to that page and paid attention to your ad. There's no surefire way to know if that ad was responsible for any sales at all.
As a trained consultant, your job is to offer workable advice to your clients; it could be business advice, relationship advice or technical advice et al. The bottom line is that you don’t have to be physically present with your clients before advising them on how to make the best out of their businesses or life. So all you need to do is to leverage on the internet to reach out to your clients.
"My favorite place to sell my handmade jewelry is Instagram," says Mindy McCarthy, owner of MinMac. "It's the queen of virtual markets. Potential customers can scroll through your collection of pictures and see who they're supporting," she says. "They make a connection with you as a person, not just a business owner. It's very rare that I post a piece of jewelry that doesn't sell within minutes."
Teaching and tutoring English as a second language is a great way to make money online, not to mention open some doors for you to travel the world if you'd like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker and have the ability to teach, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to tutor them English via Skype. Check out Indeed, Learn4Good and Remote.co for remote english tutoring jobs or sign up on a specialized site like VerbalPlanet or Chegg Tutors.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.


Getting businesses to advertise on your podcast, either at the beginning or end or both is a great way to create a revenue through podcasts. Most businesses won’t be keen to advertise on your podcast until you can prove a large number of listeners. Therefore, it is unlikely you will be able to start out from the get-go with sponsors. But once you accumulate regular listeners or a high number of downloads from iTunes, you can start to sell advertising space on your podcasts.
6. Don't brag, give real value. "The greatest secret in media and public relations right now is that the press (and your potential customers) are most interested in the value added information that will help them succeed in a given area—not in hearing promotional information from you. By thinking of your readers' needs first—not your own self-interests—you will receive business traction and audience engagement beyond your dreams."
These mega-sites make it easy to set up shop so customers can browse your products, and there's no need to build your own website. Also, you’ll find a built-in search feature so that interested buyers can easily find your online storefront. Plus, you get to use the site's shopping cart. In short, you avoid a lot of the expense and hassle of setting up an independent e-commerce website.
For that reason, you're probably less likely to focus on ‘leads' in their traditional sense, and more likely to focus on building an accelerated buyer's journey, from the moment someone lands on your website, to the moment that they make a purchase. This will often mean your product features in your content higher up in the marketing funnel than it might for a B2B business, and you might need to use stronger calls-to-action (CTAs).
Melonie Dodaro (yes that’s me) from Top Dog Social Media has earned a global reputation as a no-nonsense speaker, trainer and author in the field of LinkedIn and social selling. Her strategy is simple and step-by-step and that is to convert strangers into connections and connections into clients and advocates while building trust, authority and credibility.
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.
Your corporate blog, Facebook Business Page, Twitter feed and other social sites all serve as potential platforms for fielding customer inquiries, sourcing ideas for new content and enhancing your brand image on the web. Additionally, social content, such as tweets and YouTube videos, will be indexed by search engines, which help boost your content’s relevance and page ranking.
These pay-per-click ads appear on your blog. Every time somebody clicks on an ad (which is supposed to be about a subject related to your niche), you make a few cents or more. Small amounts each time, but it adds up. This is extremely hands-off. You just need to get a code from Google, place it on your website - and the ads will automatically appear on your blog. Google will only show ads that are relevant to your blog so it's a good experience for your visitors and maximizes the amount of clicks you get, meaning more income.
Do you have impeccable organizational skills? What about cleaning skills? Can you quickly and efficiently carry out these tasks? Maybe it's time to put those skills to good use by becoming an online personal assistant or task manager. Companies like TaskRabbit or Zirtual allow you to sign up for tasks you want to complete — including data research, virtual assistant or running errands — and begin building clientele.
Shopify is a great example of the freemium model. By offering some applications for free, they get exposure for their whole business. Since the company was founded in 2004, they have acquired 30,000 customers, including Pixar and the Foo Fighters. Their revolutionary “build-a-business” competitions in the past have produced over $70,000,000 in revenue for over 14,000 entrants.
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"Instead of praying an audience (or customers) will find you, get in front of people in your space. Start a blog, podcast or create video content. Take advantage of social media. Attend in-person events. One way to make "putting yourself out there" easier is by making an effort to help others. (Sounds counterintuitive, I know!) On the individual level, maybe it's by making an introduction. For a larger audience, perhaps it's by writing an actionable blog post. However, by being helpful you'll make a lasting impression."

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.


Entrepreneurship is a challenging but rewarding path to take and you have highlighted some great tips here. I agree with your point that to be a successful entrepreneur you need to work smarter, not harder. I believe that working smarter is all about hiring the right team and delegating responsibility. Think about it this way. Today’s entrepreneurs are working with the ‘Millennial’ generation, those born after 1980 and before 2000. These people are digital natives who have very different ideas around what they look for in their leaders, compared to the ‘Baby Boomers’ generation. For example,‘Millennials’ look for their leaders to be strategic thinkers, inspirational and have strong interpersonal skills. Millennial’s will make up 50% of the global workforce by 2020, so entrepreneurs really need to tap into their younger employees and involve them in company decisions.

“Start with 1 or 2 main channels of communication and publishing where you can be sending people. Experiment with other touch points that you know people are using. Those might be doing Facebook Lives, Instagram Stories, Snapchat, and layering on other ways of reaching new audiences such as Facebook ads, guest interviews, and strategic partnerships. Keep it simple and always be sending people back to the main channels.” – Anne Samoilov
9. Post online video. Video is still a little cutting-edge for some, but the benefits can’t be understated. Online video is the wave of the future, and every business needs to have something on YouTube, Metacafe, etc. If you’re concerned about expense here, keep in mind there are some low-budget options that won’t damage your brand while still providing concrete benefits.
Unfortunately, not everyone is cut out to be an entrepreneur. Or at least, not by nature. To run a good business you have to be able to assume the proper role. If that means doing things and acting in ways that don’t come naturally, then so be it. Otherwise, you will risk failing like that 75 percent. Here are eight crucial points the pros agree are prerequisites to becoming a successful entrepreneur.
Many new users prefer to start off with the 100% Free Offers, which is what we usually recommend. These offers are great for beginners because nothing is required other than several minutes of your time. The payouts on these offers are lower, but you’re not paying a dime to complete them and they’ll get you use to the CashCrate system. After you’ve started making money online with our free offers, you can always move on to trial offers and increase your earnings.

You'll have a total of 2,160 points (worth £15) in your account so you can visit the 'rewards store' to choose which gift card you want, which you should do before the sale ends on Wed 24 Oct. The gift card will then arrive within 10 working days, either by post or via email in the case of voucher codes. You can also convert your earnings into PayPal cash but it costs more points (800 SB = £5 PayPal).
So many people dream of writing a book, but never go through with it. Yet no matter what, I’m sure you have experience and value you could give through writing a book. By packaging your skills and knowledge into a downloadable eBook that helps people learn a skill, advance their careers, or start a businesses, you can change someone’s life and even make good money online.
One approach that has worked well for me over the years is to pinpoint the best minds in the industry and follow their every move. Listen to their podcasts, read their blogs, watch their YouTube videos, and keep up to date with their social posts. The key is to find a small group of trusted thought leaders who are renowned for breaking news, challenging the status quo, and turning up day after day with great content.
"The way we’ve gotten around that is to always work with somebody on a project before we start handing over significant equity stakes or large sums of money. If the trial project goes well, then talk about expanding the scope of the relationship. Sam Altman from Y-Combinator once said something to the equivalent of 'a bad hire in the first few employees can be detrimental to a startup.' I've really taken that to heart in my business."
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