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I don't have a business degree!
But I've made over $10k online.
Here's how I'd advise a friend to start a business without VC funding.
THREAD
But I've made over $10k online.
Here's how I'd advise a friend to start a business without VC funding.
THREAD
1) Read Mindset by Carol Dweck.
You really can't grow a business until you can believe you can.
Believing is the first step.
You really can't grow a business until you can believe you can.
Believing is the first step.
2) Listen to @indiehackers podcast interviews.
It's rare that I don't learn something from an episode
Here's a great one to start with
@levelsio - https://www.indiehackers.com/podcast/043-pieter-levels-of-nomad-list
It's rare that I don't learn something from an episode
Here's a great one to start with
@levelsio - https://www.indiehackers.com/podcast/043-pieter-levels-of-nomad-list
3) Learn all the basics of sales from this podcast interview with @Steli - it helped me so much! https://www.indiehackers.com/podcast/119-steli-efti-of-close
4) Learn to sell to businesses from @lynnetye
(they have lots more money than consumers)
Her episode describes making a 300k business with NO business training/degree https://www.indiehackers.com/podcast/086-lynne-tye-of-key-values
(they have lots more money than consumers)
Her episode describes making a 300k business with NO business training/degree https://www.indiehackers.com/podcast/086-lynne-tye-of-key-values
5) Look at problems in your own life and solve them
That's why I made @nocsdegree
I was learning to code and wanted inspiration from people without CS degrees. I studied Politics and Spanish
That's why I made @nocsdegree
I was learning to code and wanted inspiration from people without CS degrees. I studied Politics and Spanish
6) Solve VALUABLE problems
Not all problems are created equally.
Lots of people want to code and get good jobs.
That's a valuable problem.
Not all problems are created equally.
Lots of people want to code and get good jobs.
That's a valuable problem.
7) Join a supportive community where making money is encouraged
- @GetMakerlog
- @wip
- @ProductHunt
- @IndieHackers
- @GetMakerlog
- @wip
- @ProductHunt
- @IndieHackers
8) Find people on Twitter you can look up to and follow their tips.
Some people I admire and follow are
@anthilemoon
@thepatwalls
@levelsio
Some people I admire and follow are
@anthilemoon
@thepatwalls
@levelsio
9) Use the easiest tools or the ones you know best to get started
landing page - http://www.carrd.co
nocode - http://sheet2site.com , @webflow etc
landing page - http://www.carrd.co
nocode - http://sheet2site.com , @webflow etc
10) Make a newsletter - important!
You control how you contact people and you aren't relying on Facebook group, for example
Mailchimp has 2,000 contacts for free
Email Octopus is simpler but fewer tutorials for it
You control how you contact people and you aren't relying on Facebook group, for example
Mailchimp has 2,000 contacts for free
Email Octopus is simpler but fewer tutorials for it
11) Once you get a few hundred subscribers, ask people to sponsor your newsletter.
They'll ask for open rate and click through rate (CTR)
They'll ask for open rate and click through rate (CTR)
12) get a Stripe account and start charging money - if you can't code, use @CheckoutPage to take payments
13) Sell to businesses if possible
They have BIG marketing budgets.
They won't blink at giving you hundreds of dollars.
You have fewer people to reach.
And much less customer support.
They have BIG marketing budgets.
They won't blink at giving you hundreds of dollars.
You have fewer people to reach.
And much less customer support.
14) Get a Twitter account and start sharing your successes and failures.
Most people don't have the courage to be transparent.
Be interesting in life and on Twitter.
Most people don't have the courage to be transparent.
Be interesting in life and on Twitter.
15) Set a scary target for money.
My target is $10,000 per month by November
My target is $10,000 per month by November
16) Learn marketing from http://marketingexamples.com
Harry gives so much value here and it's all free
Harry gives so much value here and it's all free
17) Ask people to get on their affiliate schemes.
I've made over $1,000 from just adding affiliate links to my articles on @nocsdegree
I've made over $1,000 from just adding affiliate links to my articles on @nocsdegree
18) Become an expert in your business area
I get tagged a lot any time people mention CS degrees vs self taught devs
@levelsio is the expert on remote work
@anthilemoon is the expert on psychology
@harrydry is the expert on marketing
I get tagged a lot any time people mention CS degrees vs self taught devs
@levelsio is the expert on remote work
@anthilemoon is the expert on psychology
@harrydry is the expert on marketing
19) Have lots of balance in your life
Read fiction.
Exercise.
Sleep well.
This will keep you refreshed and an interesting person.
This will help your business.
Read fiction.
Exercise.
Sleep well.
This will keep you refreshed and an interesting person.
This will help your business.
20) Finally, have lots of fun!
There's no point in making a business you don't enjoy.
There's no point in making a business you don't enjoy.
END) If you enjoyed this thread I write about making money online on my blog http://petecodes.io
