I’ve been an online consultant for 27 years—a WordPress Consultant since its inception. I knew where the WordPress train was going in my gut, and I jumped on board.
Having been doing this longer than most and surviving, I am asked what is my advice for those who want to start their own online business. My initial answer is — find out how you can be you.
Instead, we are going to talk about mindset. I wrote about mindset previously in my post, Vital Mindsets for Online Success.
But, this post is a bit different.
1. an attitude, disposition, or mood.
2. an intention or inclination.
Today, I will talk about your approach combined with your mindset. Starting your own business by its very nature requires you to question everything.
Every penny you spend, every choice you make, every decision that can impact your future trajectory. You’ll even question your motives, intent — and even if you are crazy at some point. It happens to everyone! And don’t be surprised if you quickly discover that your #1 fan — is you.
Mindsets for Single Owner Startups
Find Your Passion
Starting any business requires hard work, long hours, and a never-quit commitment. Therefore, it is critical that whatever you are selling, whether a product or service, you are passionate about it and will enjoy the process.
I’ve lost count of the number of folks I’ve seen who think putting up a me-too site, a site no different than those already online, is the ticket. They really aren’t into the product as much as the assumed earning potential.
If you are not passionate, onliners won’t buy what you are selling, especially if thousands or hundreds of thousands of others are already selling the same.
This is where a hobby you’ve done for years, a particular skill, a knowledge base of information that excites you will give you the edge to succeed. Having fun is an ingredient of many successful enterprises.
Read, Learn, Apply. Rinse and Repeat.
I have to put myself in check because I spend so much time reading. But doing that all these years has given me my edge.
I read everything that has to do with WordPress, coaching, consulting. I can’t get enough of it. Of course, I don’t agree with all the information I read, nor do I necessarily want to apply it to what I do. But I want to be exposed to all perspectives.
I can emphatically state that the knowledge and information I gain are invaluable to how I run my business. It is pretty common to read about an approach or practice. I never thought of that then. When adjusted for my methodology, it makes me and, therefore, my business better.
When you think you know it all — you will stagnate. Don’t fall into that trap. There are always others that know more than you. Learn from them. Twenty-seven years and I still learn new things — all the time.
Do Not Choose Services or Products on Price Alone
Sadly, too many make this mistake. They think they can go with the lowest price and still gain the success they desire. That mindset has to go.
Starting on a shoestring budget can be done — but only to an extent. You cut the wrong corners, and you could be shooting yourself in the foot, especially when you may not completely understand the value, importance, features, or functionality of what you believe to be too expensive.
Do your homework and know the core products and services that are critical to your success. Then be willing to spend the money to acquire them.
Make your decisions based on what you need to rely on, not what you are willing to spend. When I run into folks who make decisions based on price alone, I know I cannot help them succeed.
You Can’t Be Everything to Everyone.
This is where niche comes into play. You’ve just got to be something special and unique to make any headway in a saturated online marketplace. Trying to be everything to everyone is impossible. So don’t even try.
Decide what you want to excel at and the specific type of customer you want to attract, and then nail it. I know the kind of business person I can work with and the type I cannot. I don’t waste either of our time taking on those I know will be a struggle or will not respect and appreciate what I can bring to their program.
The same goes for tangible products. If you offer hundreds of thousands of the items provided by thousands of other sites, you are just a “me-too” site. That’s a steep hill to climb.
Find a niche of products, or create a site-wide personality reflected in the choice of products you offer. Then laser focus on that.
Haters Gonna Hate
You will run into nightmare clients or customers. It is unavoidable. Some folks are never happy or think they know more than you.
While it is easier said than done, try not to take it personally. It’s more about them than you.
I use every nightmare client as a learning opportunity. Not only to better be able to spot the red flags but to prevent and improve how I handle these situations moving forward.
While you cannot avoid who buys your stuff in retail, you can control how you manage them after they rear their ugly head. In both cases, offer the most efficient and professional disengagement possible. Then move on.
Try New Things — All the Time
I’m a note-taker. I never know when a new way of doing something will pop into my head. If I don’t write it down, it will never happen.
Or I’ll be reading something that sprouts a new approach. When this happens, I integrate it. I never hesitate to try new processes, applications, plugins, strategies — you name it.
So, what if it doesn’t work? As they say, nothing ventured, nothing gained. That’s one less thing I have to wonder about.
In the highly competitive online marketplace, you need to try new things to remain viable. Who knows what you’ll discover in doing so.
Don’t be a Lemming
I took three years of Latin in high school, and there was one saying that I learned that has always stuck with me: Non ducor, duco — I am not led, I lead.
Not so much that I consider myself a “leader.” I’ve just never been a follower. In school and even afterward, I was not too fond of cliques and being in one or being pigeonholed into that demographic.
Instead, I was friends with folks from all cliques while not being part of any single one. That’s how I’ve run my business.
It’s easy to get wrapped up in business group think or the “in-crowd” clique. I prefer to be a loner and make decisions based on what works for me and my business — not what a particular group of folks claims is the way to go. Or what the expert du jour claims as fact.
It’s healthy and recommended to question and verify everything and everyone that is within your business purview. You are your unique circumstance.
Listen to Your Gut
It is never wrong.
I mentioned niche, saturation, hundreds if not thousands of websites, and online businesses vying for the same customers. That speaks to the commitment, ingenuity, and mindset you’ll have to have. It speaks to the one thing you have that none of your competitors have.
You can take the very same products or services already being promoted by others and attach your unique spin, customization, and personality to them and tap into a market that can make you profitable. Use YOU to your advantage!
Even though starting a business has been made easier with the Web, Internet, and great website tools and applications, you are still the decision-maker. You are still the one who has to live or die by your choices.
Why not make them based on what makes you happy, what you want to do, what you know will work, and is your vision. That’s a plan that works for the long haul.
Having the correct mindset will make all the difference. The hard work and dedication that only you can bring to your new venture are what will sustain you.
Now go get ’em!
At your service,