My Biz From Home: Start A Business Online From Home | Side Business | Legacy | Make Money | Work From Home | Busy Dads

✅ Here's a summary of what was discussed in this episode on How to know your "why" before you start your online business from home

➡️ Why You?

• Before you know your "why" you need to be clear on why you

• Confident you can serve your audience
• • Your expertise
  • Your experience
  • You've done it
• Courage to serve them
• • Passionately without compromise
  • In the face of negative feedback
  • Without diluting your message
• Commitment to continuing even when
• • Self-doubt
  • Imposter syndrome feeling
  • The numbers are not yet adding up

➡️ What drives you?

• Why do you want to get into the game?
• • The benefits
  • The desire to help other people
  • Wanting to make an impact
  • Something irritates/upsets/angers you that you want to change or at least make a difference

➡️ Why are you the person to serve them? Why should they listen to you?

Because you have:

• had a similar problem solved
• created a solution for those with similar problems and have tested it out
• the social proof - the testimonials - to back it up
• Found a unique and better way to solve your audience's problem

✅ Your Turn:

Get your own copy of this 7-page Cheat Sheet in PDF format that will give you more of an expanded view of what was discussed in this episode.

• Startabusinessonlinefromhome.com/CheatSheet

Here's a summary of what was discussed in this episode on How To Decide What Product and Services To Offer Your Target Audience:

✅ How will you serve them?

• You'll base this on their needs or problems, what they're trying to achieve, how they can be successful
• Through products, services, and free content
• As a coach or consultant
• Podcast, like this one, books, ebooks, videos, courses
• Listening to them through getting feedback

✅ Past Episodes referenced:

➡️ Ep. 059: 7 Simple Steps To Start A Business Online From Home

➡️ Ep. 060: 8 Simple Steps To Select Your Business Idea

✅ Ep. 061: How To Decide Who Your Online Business From Home Is For

• Startabusinessonlinefromhome.com/CheatSheet

✅ In this episode, you'll discover How To Decide Who Your Online Business From Home Is For

Here's a summary of the show

➡️ Who is it (a person or group) that you want to serve?

(The P&G story about their swifter mop)

The most important of the following is the first point in that your business is only a business if you are making money. You need to know who pays the "bills." 

1. Must be one who makes or influences the buying decisions
2. Someone who is more or less a previous version of yourself having similar challenges that you had back then

✅ Your Turn:

Get your FREE copy of the "7 Simple Steps To Start A Business Online From Home" Cheat Sheet in PDF format that will give you more of an expanded view of what was discussed in this episode.

• Startabusinessonlinefromhome.com/CheatSheet

✅ Summary: 7 Simple Steps To Start A Business Online From Home

➡️ 1. Identify Your Business Idea

➡️ 2. Identify the pain/problem you're solving

➡️ 3. Know the Who, What & Why

➡️ 4. Build Your Home Base/Platform

➡️ 5. Get Traffic To Your Platform

➡️ 6. Sell Without Feeling Sleazy

➡️ 7. Go Deeper

✅ Your Turn:

Get your own copy of this 7-page PDF Cheat Sheet that will give you more of an expanded view of what was discussed in this episode.

• Startabusinessonlinefromhome.com/CheatSheet

Link:

www.startabusinessonlinefromhome.com/059

✅ Ep. 058: How To Protect Your Time and Become More Productive in Your Work with Alex Marquez and Kingsley Grant

Here's a summary of the conversation between Alex Marquez and Kingsley Grant.

➡️ How do you define legacy and what legacy do you want to leave behind?

Legacy is the ability to achieve greatness and has major accomplishments. It is raising my kids to be intelligent people and to pursue what it is they want to do. It is passing on to my children my ideologies and philosophies in life.

➡️ How did you arrive at this definition. Was it handed down to you?

I've always loved philosophy; challenging my thoughts and ideas. I see knowledge as a bucket that can never be filled enough. The more you use it up the more you can put in there.

➡️ Tell us a little about your entrepreneurial journey

• I started out as a child, selling rocks to my friends in school. Once I figured it out and saw the results, I was bitten by the entrepreneurial bug.

• Along with my brother, we were able to open a burger shop. We eventually were able to add family members to the team.

• From this point, it was evident that having a business was the thing to do.

• Migrated to the USA with $300 in my pocket, the clothes I packed in my car, and unemployed.

• Knowing that family members were there who could help me if the worst thing happened, it made it easier. We have a close-knit family.

• Worked several jobs along the way to make ends meet. Even though family stood ready to help, I wasn't going to depend on it. I was going to figure it out.

• As I kept moving forward, things began to fall into place. I was determined to do something for myself.

• It all led to where I am today.

Today, Alex's company:

1. Offer brokerage transportation for large equipment/freight
2. Operates as a logistics contractor/consultant to do the work, saving businesses money

Pros of doing business from home

• time to spend with his young child, while his wife works outside the home
• save dollars in not having to pay daycare for child

Cons of doing business from home

• won't work as hard because he's on his own time
• keeping your eyes on the prize

Setting boundaries:

• when the door is closed it means "I'm at work!"
• communicate to everyone what is going on

Connect with Alex Marquez

- www.2MLogistics.com

For more ...

www.startabusinessonlinefromhome.com/058 

✅ Here's a summary of what was discussed in this coaching/feedback episode:

1. Breaking down the project into smaller tasks
2. Doing a time analysis
3. Getting clarity on the business idea

"Ok gents, I'm at a loss.

• 3 kids 5-16,

• work full time for a consultancy company that works closely with Microsoft. We do cloud migrations, automation, data science and business intelligence. Lots of highly sought after stuff.

• Obviously, this is pretty well paid."

• …

• I'm not wasting a bunch of time. I rarely watch tv, I play soccer once a week, I time limit my social media, I don't get enough sleep as it is. I'm just kinda stuck.

Question: How have you managed to break away from the routine to build something on the side? Is it necessary to let some of the other plates drop, temporarily?

DILEMMA ➡️ I've long wanted to break out on my own, but somehow seems there's no time whatsoever to work on any personal projects that could eventually turn into a business.

• • First: Choose a project - singular - that ties in with your business
  • Second: Break down the project into small tasks
  • Third: Work on one little task at a time maybe one each day or week
• When the project is looked at as a whole, it appears as one gigantic mountain; impossible to scale
• When it is broken down and given its own focus, the size shrinks

DILEMMA ➡️ Usually there's barely enough time to take care of myself after taking care of everyone else and my full-time job.

• • First: Do a time analysis by putting it all down on paper
  • Second: Track your time over a 2-week period and see how you are spending your time. Be brutally honest
  • Third: Look over the data and see what is there that was a time-waster or can be removed

DILEMMA ➡️ I also have a hard time justifying (to myself) diverting funds to any of my pet projects.

• • First: It is understandable if you are diverting funds to a pet project. This makes it sound like an expensive hobby
  • Second: Be clear on what it is you are pursuing: is it a hobby or a business?
  • Third: If it is a business, then see it as investing funds, rather than diverting funds

✅ Now Your Turn

• Go to legacybuildingdads.com, you can request entry into the group, where you'll answer a couple of questions and if you meet criteria, you'll be given access to this high achievers group.

Blog post Article:

www.startabusinessonlinefromhome.com/057

✅ In this episode, you'll discover how How Residual Income, Passive Income, or Linear Income Determines Your Business Success

Here's a Summary of the topics discussed:

➡️ Legacy

• A legacy business is one that can be passed onto future generations. It is something that impacts children/family now.
• Modeling for children so they too can do the same.
• Our recent family 7-month road trip is one of the ways of building a legacy

➡️ Out of the box thinking:

• Having gone to school and achieved graduate level diplomas but then realized he was not wired that way.
• Reading Robert Kawasaki's book: "Why A Students Work for C Students" was a paradigm shifter.
• Being unemployable
• Always thinking things could be done another way

➡️ Managing fear or nervousness when starting a business

• being nervous is normal to big decision making moments.
• if you don't experience some form of nervousness, the decision may not be big enough or may not matter that much.

➡️ 3 major forms of income:

1. Linear income - you go to work, you get money; trading time for money
2. Passive income - continuously doing a lot of little things but getting paid over and over again.
3. Residual income - If you work a whole lot of residual income; it requires a system. Without a system, it will die out.

There's a sweet spot in life where we can begin to build residual income. It is at the intersection of financial literacy and entrepreneurship. This is where things start changing.

➡️ On 9-5 work:

• Your job gives you just enough money to live but not enough money to be comfortable.
• The 9-5 world is not the place to be if you want to have true financial freedom.

➡️ On making the transition

• understand where you are going and what you are doing
• for a side hustle to be truly a legacy, you have to develop a system
• find a mentor that can help you in the business … develop a system and help you with personal growth
• there's a lot of personal growth that needs to happen.

➡️ On working from home

• have systems in place that everyone understands
• it's important to have a supportive wife

"when you start to make money and take care of the family, your spouse will jump on real soon. A happy wife a happy life."

➡️ Getting Spouse on board

• As men, we don't communicate very well. We are called to dwell with us according to knowledge. Not push things on them.
• Help them with our goal, vision and why do we want to do this...we get it and sometimes they don't
• Walk through your "why" focusing mostly on how they'll benefit such as in spending more time with family.

✅ Contact Jason Kokenzie:

www.themasterace.com

Final Thoughts:

• Business is not for everybody and
• If it sounds too good to be true, search it out because you'll never know what you may find.

Link:

• www.startabusinessonlinefromhome.com/056

Here's a summary of what was discussed in this episode:

✅ Ep. 055: How To Know You're On The Right Course In Pursuing Your Online Business

Some people quit too soon because of these 4 experiences.

"97% of the people who quit too soon are employed by the 3% that never gave up." - Anonymous

Why do people give up?

4 Reasons why:

➡️ Reason #1: Experiencing Delay

➡️ Reason #2: Experiencing Difficulties

➡️ Reason #3: Experiencing  Dead ends

"Decide that you want it more than you are afraid of it." - Anonymous

➡️ Reason #4: Experiencing Detours

These 4 reasons do not mean that you are not on the right course.

They could simply be a sign that you are moving towards your goals and these are simply indicators of such; or reminders.

✅ Now Your Turn

• Redouble your efforts to pursue your dream and let me know which of these reasons stood out to you the most.
• Remember: "Build your own dreams, or someone else will hire you to build theirs." - Farrah Gray

• Email me at [email protected] and let me know what it is you did or if you need my help.
• Join the Facebook group and share your thoughts with us

Links: 

• www.startabusinessonlinefromhome.com/055

✅ In this Episode, you will discover How To Know When It's Time To Pursue your Dream And Start Your Business Online

One of the key places to start is knowing why you need to do it. 

➡️ Why even think about this especially now?

• Most if not every little thing about your current job begins to irritate you
• Feedback from your body/health/family
• No longer feeling it
• New discovery along the way that's more interesting
• To serve a broader vision
• To rebrand as you gain clarity

➡️ When should you be thinking about this?

• When you recognize a significant change is needed for progress
• When you no longer are excited as you once were
• When the market is demanding more of your new idea
• When you have done some testing and see where another idea has more juice

➡️ How should you go about doing so?

• Getting input from reliable sources
• Researching to make sure you have the resources etc to undertake the new direction you are headed
• Use your current context as the basis to step into the next phase
• Broadcasting (letting the masses know) … promotions, building a buzz …
  • Email's
  • Social Media
  • Phone calls

➡️ Your Turn

• Write down what it is you are currently feeling and find one person who you can share your ideas/thoughts with. If you are married, let it be your wife.
• Email me at [email protected] and let me know what it is you did or if you need my help.
• Join the Facebook group and share your thoughts with us

Link:

• www.startabusinessonlinefromhome.com/054

✅ Here's a summary of what was discussed with my Guest - Sean Tibbetts - in this episode on How To Create Systems And Make More Money In Your Business.

➡️ Define legacy ...

• ... doing what you do to benefit other people

➡️ On taking risks ...

• ... take the first step

➡️ Having a reason to keep moving forward

➡️ Remembering why you started your business

➡️ Get your spouse's support by

• writing down your vision along with a business plan
• taking your business seriously

➡️ As an Entrepreneur, you should be mindful of:

• you are always 3 steps ahead of everyone else
• clear communication

➡️ Pros & Cons of doing business from home

Pros:

• getting to spend more time with the family

Cons:

• Family interruption but setting up guidelines/rules

➡️ Shifting from an employee to an owner mindset

• get outside help
• read books

➡️ On handling failure

• Identifying what caused you to fail
• Make changes

Last Minute Advice:

• Take all your skills and experience to serve others and make a difference in the world.
• Don't let analysis paralysis get in the way … Just start

Link:

www.startabusinessonlinefromhome.com/053