Episode 610: #BizTipFriday The 4 Phases of Online Business

Did you know that there are 4 distinct phases of online business, and no matter where you’re at or what you do, I can tell you that you are in one of these phases right now. In today’s #BizTipFriday edition of the podcast, I reveal why it is so important to understand which phase of online business you’re in, and what to do when you find yourself in each of them. This is a topic that you can’t afford to ignore on your journey as a Digital CEO, because you’ve got to know where you are so that you know where to go. So, let’s get to work!  If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag me, @jameswedmore.  Business By Design is coming June 1st! To join the priority notification list and to be the first in line when the doors open, go to www.jameswedmore.com/rise! To start thinking differently as an entrepreneur and to hardwire your own brain for success, my book, HARDWIRED for Entrepreneurship, was just updated for 2023. You can grab your copy and get a free audiobook version now at www.jameswedmore.com/hardwired, and don’t forget to let us know what you think!  Haven’t left a review yet? All you have to do is go to http://jameswedmore.com/itunes, and thanks for your support of this show.  I want to invite you to help contribute to this podcast by submitting a question for a #Q&AEdition; of The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/QA and record a question (under 4 minutes or less) that could be featured on an upcoming episode. In this episode you’ll hear: Why today’s topic is absolutely foundational to your success in online business and can’t be ignored  What to understand about the first phase, niche alignment, and the metaphor I like to use about a popular board game to help explain it What being in offer alignment looks like, plus the only way you can successful graduate from this phase  The role that strategies and messaging play in the next phase, launch alignment, or the phase you’re in when you know you have a product that works Why being in the 4th phase of maximum impact is such a fun place to be, and how scaling in this phase differs from growing  Where many entrepreneurs are going wrong with these phases and doing things out of order My thoughts on how long it takes to progress through these phases What the process looked like for me with my signature program, Business By Design  For full show notes and links, visit: https://www.mindyourbusinesspodcast.com/blog/610