How To Start Your Own Business
Starting your own business is one of the most powerful ways to take control of your life and make extra money month after month. You can start with just a few hours a week. And best of all, you get to choose your hours, pick projects you find exciting, and meet interesting people. With the help of the step-by-step systems you’ll find here, you can start getting clients faster and boost your earnings when you want to.
I’ll even show you how to build enough steady income that you can quit your day job, if you want to.
I’ve covered how to make more money elsewhere on this site. Right here, I’m revealing the advanced strategies behind launching a successful business that gives you the freedom to share your skills with the world — and create something people will pay you for, even when you aren’t working.
These are the same techniques I’ve spent over a decade and a million dollars refining. I’ve gathered over 1,000,000 data points while creating 15 different products that cost anywhere between the price of a latte to over $12,000… and I’ve helped over 1,000 students launch their own businesses, too.
You’ll learn the systems, strategies, and shortcuts I only dreamed of having when I started out… so you can launch faster and earn more.
Of course, all the business-building knowledge in the world isn’t very helpful unless you have the right psychological mindset and tools. That’s why I’ve invited some of the world’s leading experts on time management, productivity, and work/life balance to share their best secrets with you.
Now – the #1 requested IWT topic of all time:
How to start an online business
I want to show you the truth about starting a successful online business. Unlike unscrupulous marketers whose entire business is creating ebooks about creating ebooks, I’ve spent years teaching over 100,000 readers how to live a rich life — automate their finances and get out of debt, find their Dream Jobs,negotiate better salaries, and finish tasks they’ve put off for years.
Why do my students keep coming back? Why do they buy at a rate 1,235% higher than prospects? And how do I still have a refund rate much lower than the industry standard, despite a generous money-back policy? I’ll share how I do it — and how you can, too.
It’s easy to get stuck with a low-profit business that sucks your time and money. I’ll show you how to avoid the mistakes I’ve made.
Want to know exactly what’s the best kind of online business to start? I could give you a bunch of theory, principles, and a long history of the relative pros and cons of each. Or I could just tell you the answer:
- There are 6 main options for an online business
- I have systematically tried them ALL, and I’ll tell you the straight truth about which online businesses are good (higher profit margins, less time) and which are bad (longer hours, less money)
When I launched my first product, I thought I had to beg people to buy it. The funny thing is, it was a $4.95 ebook.
Now, I’ve had to turn people away from $4,000+ courses, and someone even hacked into my sales page to buy a course before I opened it to the public.
What the hell? How did I go from $4.95 to successfully launching a $12,000 flagship course that people lined up to join?
I’ll reveal the critical decisions and strategies I used to get to where I am now.
If you wanted to learn how to start an online business, would you want to learn from someone who’s sold 1 or 2 products about selling products, then kept milking that cow for years… or would you want to learn from someone who’s sold over 15 different products ranging from $4.95 to $12,000?
When you’re the same as everyone else, you’re a commodity. And that means crummy pay, long hours, and bad customers. You do NOT want to compete against everyone in the world.
It doesn’t matter if you’re a man, a woman, a life coach, a stylist, an analytics guru, or a language tutor. Whether you’re trying to get a date or start an online business, if you’re the same as everyone, you’re doomed.
This is where the concept of ZIGGING and ZAGGING comes in. Where others zig, you zag.
I’ll show you how to stand out, so people will see that your product is unique and be happy to pay you more.
Do you have a friend who constantly asks you for advice, but then always makes excuses for not following through?
Have you ever heard this:
- “Why doesn’t she ever call me back?” (Perhaps it’s because you make yourself way too available and desperation oozes off you.)
- “I hate my job…” (yet you’ve done nothing to change it except complaining)
- “Ugh, I really need to go to the gym” (but instead, these people will continue making excuses, like how they can’t afford the $50 even though they pay that much in late fees every month)
If we’re honest, WE’RE guilty of the exact same thing. I’ve spent a decade studying and testing the best ways to stop sabotaging yourself and start following through.
Here’s the brutal truth. PASSION ISN’T ENOUGH.
You need business systems. I’m talking about repeatable, reliable, automated (or nearly automated) ways of completing key business processes. I couldn’t run I Will Teach without the systems I invented — and I definitely wouldn’t have the great work/life balance I enjoy.
IWT has thousands of systems now, but if you took it all away tomorrow, all you really need are these three. I spent years perfecting them, and you can use them right away.
Afraid or launching an online business?
I struggled with the same fears for years… until I discovered the psychological breakthroughs and systems that make it easy and fun to get started.
We’ll deep dive into the 3 major FEARS around starting an online business, so you’ll know how to ignore the critics, focus on doing your very best, and be confident enough to laugh at your own failures — and become successful faster.
I’ll show you how you can grow an online business with a tiny email list — or even without a website at all.
You don’t have to have a huge email list or wait until you have 100,000 followers. You can actually start NOW. Once you find the right people, you can build a successful online business with fewer people than you’d ever thought possible.
My students will show you how they launched their online businesses and scaled them up — one student even got 5-figures in just a few months, without any email list.
How top performers balance profitable businesses with free time
We all have the same number of hours in the day, but some people – top performers – seem to get 10x the amount of work done as the rest of us. In these case studies and interviews, you’ll understand how.
Time management: How an MIT postdoc writes 3 books, a PhD defense, and 6+ peer-reviewed papers — and finishes by 5:30pm
Cal is totally dominating his post-doc while maintaining a successful blog. His trick: ruthlessly optimizing his schedule and saying “No” a lot.
Tim Ferriss of the Four Hour Work Week asks me about false starts and success rates.
Erica sold her company for over $1 million at age 26. When she talks, I listen.
I want to introduce you to one of my most influential mentor, whose insights have changed my life. If you’ve ever wondered who I study and learn from, here’s your answer.
Do you know your actual earning potential?
Get started with the Earning Potential quiz. Get a custom report based on your unique strenghts, and discover how to start making extra money — in as little as an hour.
Takes 3 min