To some, small business ownership sounds like a glamorous prospect - working for yourself, setting your own agenda, and making your own rules. But before you can get to Mark Zuckerberg or Elon Musk level, you must put in considerable time and personal investment. When you’re first starting out, you don’t have enough resources to hire staff or make key upgrades, and it’s easy to get discouraged.
When starting my online guitar business, I went through these same feelings. I was working from morning until night, teaching in-person guitar lessons along with settling logistics to start my online lessons business. But throughout this process, I learned some key hacks that I’m sharing below to help you in your own journey.
First - investigate the competition. I knew I wanted to replicate the success I had seen with my in-person classes in a more scaleable model, but I didn’t know how to start. By looking into how others were teaching classes online, I learned quickly what was working and what wasn’t. Better yet, I started seeing how I could help myself stand out from the competition by going above and beyond what had already been done.
Around this same time, I also learned how crucial advertising and marketing were to an effective business. You can have the best product or service in the world, but unless people know about it and it’s marketed correctly, it won’t work.
Because I couldn’t afford to hire someone solely devoted to marketing, my brother helped me out. We sought out free resources, like blogs, books, and forums, to learn how to market in the right way. Later, I took over most of the marketing duties - and finally, when I had gained enough customers and prestige, I sought some help from Automated Business System to take my business to the next level. No matter what stage of your company you’re at, it’s vital to understand the importance of marketing and learn how to do it effectively.
This may seem like a no-brainer, but many entrepreneurs forget how to use their time efficiently. There are many key components that have to be addressed when you’re first starting your business. If you don’t have an organizational system, these important areas could be dropped.
Commit to new habits and routines, like using an online calendar or even hiring a personal assistant, that will help you make use of your most precious resource: time. When I first took on the project of creating online guitar lessons, I started getting up earlier and earlier so I could get more done in the mornings.
These aren’t easy hacks to stick to, but they are worth it for your business. Try committing to one at a time, and you’ll see your productivity and output increase exponentially.
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