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What is the Biggest Challenge to Running an Online Business?

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August 25, 2017 by Jonny Nastor Leave a Comment

This is the web version of our curated email newsletter, The Digital Entrepreneur. Get this content delivered directly to your inbox each week.

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Hey there,

Before we get in today’s newsletter, I just want to give you a quick reminder that our Digital Commerce Academy will be opening its doors next week for a limited time only.

If you’re ready to take the next step with (or even start) your digital business, our Academy will provide you with all the tools and techniques needed to make your entrepreneurial dreams a reality.

What exactly is included? We will provide you with those details early next week.

I don’t want to scare you, but running a digital business isn’t easy …

What’s the biggest challenge?

There’s a lot that goes into the day-to-day of leading an online business. Every hour, or heck, every second is important. How you manage your time is one of the most difficult things to figure out.

In this episode, Sean Jackson explains the biggest challenge all digital entrepreneurs face. He also gives you an exercise to help eliminate your biggest pain points.

Listen and subscribe to The Digital Entrepreneur:

  • Click to listen to this episode.
  • Click to subscribe to The Digital Entrepreneur on Apple Podcasts

If you use another podcast app, just search for “The Digital Entrepreneur” and you should find the show.

The Digital Entrepreneur is brought to you by StudioPress Sites. StudioPress Sites gives you a complete hosted solution that makes WordPress fast, secure, and easy … without sacrificing power or flexibility. Explore all the amazing things you can do with a StudioPress Site, and you’ll understand why this is way more than traditional WordPress hosting.

Now here are this week’s five resources to help you create, sell, and grow.

1. Don’t fail with Google Analytics analysis

Don’t be fooled into thinking Google Analytics is straightforward as you’ll surely still hit walls and discover inefficiencies in the system. But hopefully, if you study some hard-fought tips to start, you’ll avoid the most damaging mistakes.

25 Google Analytics Tips To Cut Your Mistakes In Half

2. No one likes customer churn

If you want persistent growth, customer retention is the most important part of the equation. The problem is most businesses don’t know their customers very well, but if you apply the suggestions in this guide, you can find (and keep) your ideal customer.

A 7-Point Guide to Reducing Customer Churn with Customer Research

3. Secure your business website

Nothing will erode your audience’s trust in you faster than visiting your website and getting a security warning, or having Google flash a “You can’t trust this site” message in your search results.

5 Steps to Website Security You Can Trust

4. Get the knowledge that you’re missing

The first step to solving most problems is figuring out what you don’t know and then learning it. The key to success is to have the inner drive to always acquire new knowledge.

To Succeed You Must Become a Knowledge Junkie

5. Don’t underestimate the value of video

Helpful video marketing may be exactly what your online business needs to reach customers. Take these tips so you can start using videos for your next ecommerce marketing strategy… even if you have no budget, experience or technical skills.

The “Non-Youtuber” Guide to Video Marketing

I hope you find these resources to be useful, and that at least one of them helps you take a meaningful step forward during the course of the next week.

Thanks for your attention, and have a great weekend.

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