3 Keys to Building a Highly Profitable Online Business
I recently met with a leading global strategist, Ingrid Arna, to discuss the current economic climate and how she built an online business empire from home. Ingrid shared with me her top strategies with me, which I found
insightful and valuable. The following are Ingrid's words about building an online business:
Get your online business started now
Grinding through an MBA program and gathering thousands of dollars in venture capital aren’t the only ways to launch a multimillion-dollar online brand.
In fact, I did neither.
I started my online business and scaled rapidly with zero capital investment. Within 18 months, I’d made my first million online. And only three years into my business, I’d built a multimillion-dollar international company. I then went on to achieve 60% growth in the midst of a global pandemic.
While other businesses were closing down or just scraping through, I was having my highest revenue month to date. The fact is that the online space is still thriving for those who know how to leverage opportunity. We’re in the midst of a social boom where people are crying out for help to expand their businesses, improve their health and relationships, and transform their dreams into reality.
Principle 1: Productization
Principle 2: Make your mark
Principle 3: Automation for growth