3 Ways To Start A Digital Business In 2022

541

A big transition is happening as we speak.

The “future” is fast approaching and with it comes change.

A change in how we live our lives.

How we work.

How we interact with others.

And even how we define “normal”.

What was “normal” just a few years ago is no longer the same.

Go to school.

Get a degree.

Get a good job at a company that you think will be around for the long-term.

Start a family and work hard to give them a good life and hopefully one day retire when you’re 65+ with enough money saved to enjoy retirement.

Except that’s not quite how it works for everyone these days.

Tuition is rising every year and many graduates (even many from my own graduating class) have not been able to find a job in the field they studied for.

Many are forced to jump from job to job.

And even some of the ones who found jobs at good dependable companies that they thought would be around for the long-term have discovered that “income stability” is not necessarily guaranteed — especially when s^&t hits the fan, the economy gets worse, and companies are forced to lay off good workers to cut costs.

So What Have We As A Society Done To Solve This Problem?

We’ve adapted.

We’ve slowly but surely adopted a new set of principles for thriving in this ever-changing “future”.

To be honest these principles have been around for a long time but have not been as popular or even as necessary for most as they are now.

What are these new set of principles to live by:

1) Have at least 3+ income streams so that you don’t have to depend on your job as your only source of income.
2) Create a product or service you can sell from anywhere.
3) Establish a savings & emergency fund.
4) Invest so that your cash flow today creates your cash flow tomorrow and in years to come.

These are the principles we’re now using to detach ourselves from the old way of doing things and you are seeing the effects of it everywhere.

In addition to their day jobs, every day, more and more people are starting businesses or side-hustles to have a fall-back or a “bridge” between jobs.

Some are starting businesses to replace their jobs entirely.

And many are taking advantage of the internet to start digital businesses so they can have more control over their time, where they work, and how they work.

What are many doing to start digital businesses in 2022?

Here are 3 ways…

Way #1 – Provide a digital service that saves time for businesses or individuals.

Everyone is busy.

So naturally they will be interested in anything that saves them time, especially if it’s something they don’t know much about or if it’s something they are frustrated and overwhelmed with and just don’t want to do but have to.

Some examples of time-saving services you can provide from anywhere:

Have an Accounting or Finance degree (or just have experience with it)?

Set up Quickbooks (or similar software) and do the bookkeeping for small businesses or individuals that don’t have the time or desire to learn how to do it themselves.

Have an Art or Graphic Design degree?

Create logos, email graphics, and social media images for businesses.

Are you an expert at Social Media?

Provide social media management service for businesses that don’t have time (or even the desire) to manage their own social profiles.

Are you a Certified Nutritionist?

Perhaps create eating plans for people who don’t have the time to plan their own menus but still want or have to eat healthy.

Are you seeing the pattern?

Find the intersection between what you have experience with and what others don’t have the time (or desire) to do.

Offer that service, choose your clients, and provide the service at a distance via the internet from wherever you want to work.

Way #2 – Provide a service that saves money for businesses or individuals.

The last thing anyone wants to do is part with more money than they have to.

So if you have experience or knowledge in any area that could help businesses or individuals save money, you can provide that as a service.

Here are some examples of money-saving services you can provide from anywhere:

Have Marketing or Advertising experience?

Run online ads more efficiently for businesses. There are thousands of businesses out there that are currently spending way more than they have to on their online ads simply because they don’t know what they are doing.

Know your way around the Tax rules?

Help businesses or individuals protect their wealth by implementing strategies to reduce their tax liabilities.

Are you experienced in Phone Sales?

Offer to take orders by phone for businesses and only get paid on the # of items or revenue you generate. This way you not only save money for businesses by not charging them a salary but you also make them money.

And finally…

Way #3 – Sell a product that you can sell from anywhere and costs you little to no time to fulfill.

If you don’t want to provide a service or deal with clients then one alternative is to create a digital product like an E-book or Course that you can create once and then sell over and over again to people all over the world.

With this approach you would…

– Identify a problem that a group of people have that you know how to solve.

– Put a solution to that problem into a digital “how-to” guide or course.

– Offer that digital product to people with the problem.

– Deliver the guide or course to all purchasers.

The advantage of this is you can realistically make more in one hour than what you would make working that same hour fulfilling a service for one client.

The disadvantage is you may will need to try multiple times before you create something that sells. And it can take some time to dial in the marketing in order to sell your E-book or Course.

Bottomline…

If you’re interested in starting a digital business in 2022, there are lots of opportunities out there.

You just have to learn to identify them and acquire the knowledge necessary to be able to execute on your ideas.

Until next time…

-Eddys Velasquez

P.S. Want to learn how to start & grow your own digital business in 2022?

Click here to subscribe to my weekly email newsletter and get weekly tips like these straight to your inbox.

P.P.S. Have an E-book or Course you want to sell? Here’s a couple of ways I can help you…

W4 Ad Guide – Learn how to write an effective ad to get buyers of your digital product no matter your writing, sales, or marketing ability.

Sales Page Architect – Learn about an amazingly simple yet effective approach for getting daily sales of your digital products — even if you’re not a marketer and have little to no sales skills.