20 Hour Work Week - The Movement

Do you want to run an online business, but the thought of actually asking for the sale fills you with dread? You're not the only one! In today's episode, we're giving you practical tips for overcoming this fear so you can generate sales, which is essential for your business! Read more HERE!

Have you been wondering if you've got what it takes to be a successful entrepreneur? On this week's episode, Oie interviews Darren about the most important traits entrepreneurs should have, and how you can foster them. Listen for real tips and examples about what you can do to nurture the traits of a successful entrepreneur. Check it out HERE!

As you're developing your online business idea, you're likely spending a lot of time thinking about the products you'll offer and how to make them the best you possibly can. We've got one thing you can do to create the best products for your online business, and in today's episode, we'll tell you exactly how to do this. (Here's a hint: it has much more to do with your customers than with the product itself.) Check it out HERE!

Wondering how to get the word out about your new online business? You'll need an online marketing strategy to attract customers and entice them to make a purchase. In today's episode, we're covering the basics of online business marketing: what it is, why it's important, and how to get started.

This topic comes from one of our listeners, who asked about how social media fits into an overall marketing strategy.

Have you ever daydreamed about packing your life into an RV and living life on the open road? Us too! In this episode, we're sharing our plans for Project 18: our goal of running our business from the road. We'll cover what Project 18 is, how we plan to accomplish it, and some key things to consider if you want to run a business from the road too!

This episode idea comes to us from Deb in MN, one of our top listeners. Thanks Deb!

Here are some highlights from this episode:

• Our plans for running a business from the road
• Why these plans are important to us
• Key considerations for doing business while traveling

Links mentioned in this episode:

• 20 Hour Work Week Facebook Group
• Episode #2: 20 Hour Work Week Movement
• Fulfillment By Amazon
• Printful
• Dropbox Scan Document App

Now that you have your business idea, you might be wondering, "Will this idea actually work?" Is it actually worth investing your time, energy, and money into?

In today's episode, we're covering exactly what you need to consider to determine the feasibility of your business idea. This exercise will give you a quick gut check to make sure this idea is worth pursuing.

Here are some highlights from this episode:

• The classic business formula to determine profit
• How to charge for a product or service
• The role of competitor research

Links mentioned in this episode:

• Episode #9: What Does It Cost to Run an Online Business?
• U.S Bureau of Labor Statistics
• Handy calculator tool
• Upcoming live workshop

Wondering how much it costs to start and run an online business? Today, we're going to dive into the various expenses that come with running an online business by sharing our current costs with you. 

Considering your business expenses from the start is crucial to assess the feasibility of your business idea. 

Here are some highlights from this episode:

• 3 categories of business expenses
• Our real costs for starting and running an online business
• The importance of training expenses for your online business

Links mentioned in this episode: 

• Downloadable expense report
• Episode #2: 20 Hour Work Week
• Waitlist for our upcoming online course! "How to setup an online business"

As you brainstorm your business idea, do you find yourself feeling like you can't share it with anyone? Like you need to protect it?

This is a common feeling among budding entrepreneurs, but today, we're debunking that myth once and for all. There are some very good reasons to share your business idea with others, and we're here to walk you through them.

Here's a sneak peek of what you'll learn in today's episode:

• The most common misconceptions about sharing your business idea
• Two key benefits to sharing your idea with others
• Some circumstances where protecting your business idea is important

Links mentioned in this episode:

• Netflix vs Blockbuster
• Episode # 2: The 20 Hour Work Week
• Episode #6: How to Brainstorm Business Ideas
• Episode #7: 3 Brainstorming Tips

Chemist Ling Pauling once said, "If you want to have good ideas, you must have many ideas." But where can you get these many ideas that will lead you to the good ones? 

The answer: Brainstorming. Brainstorming involves specific methods and techniques to generate new creative ideas and take you from wandering, aimless thoughts to focused, useful ideas. 

Today we're sharing three tips to use when you are brainstorming. They'll help you generate plenty of ideas so you can be sure you'll have fruitful options to solve a problem or meet a need. 

Here's a sneak peek of what you'll get in this episode:

• How to frame your brainstorming session to be more productive
• Why generating lots of ideas is important for brainstorming
• Ideas for building a sounding board for your ideas

Links mentioned in this episode: 

• 4 Steps to Successful Brainstorming from Forbes
• Episode #6: Brainstorming Business Ideas

You love the idea of starting an online business. You daydream about a shorter work week, passive income streams, and the freedom to work where and how you want. But...you just can't think of a business idea that excites you—and seems like a viable option.

Brainstorming business ideas is one of the biggest roadblocks aspiring online entrepreneurs face—but we're here to help! In today's episode, we'll walk you through specific steps to take and creative exercises to do to help you brainstorm the perfect online business idea.

Here's a sneak peek of what you'll get in this episode:

• How to find a niche of people you want to support
• How to turn an idea into a business that helps that niche of people
• How to come up with specific products and services you can offer

Links mentioned in this episode:

• Episode #3: The Keystone to Success for Online Entrepreneurs
• Finding Your Sweet Spot exercise