Episode 23: Why More People are Setting Up an Online Store

Mr Sam Baldwin's Podcast

In this episode, you will learn the biggest reasons why more people are setting up an online store. Starting an online business is not a walk in the park with all the time, pain, and money that you need to spend, but trust me! It will all be worth it!

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Let’s talk about why many people are starting an online store in 2020, and why it's the best decision one will ever make. Here’s a spoiler: it’s not just to make money!

But seriously! Is starting an online business worth it? If it will cost you a lot of money, time, and headache, why bother and set up an online store? Well, I believe that there are two main camps here and I think you should try to adopt the strategies of both.

First, we have those people who want to help the world. Second, there are people who want to make a lot of money! And you need to figure out which camp you'd like to join.

The first group of people starting an Ecommerce business are the creators that want to help the world. They are the ones that love to make things and have created a product that people are finding useful.

Someone has told them that they should sell the product so that’s what they’re doing. They often start selling to their friends, at some local markets and they’ve set up a basic Ecommerce website and have an Instagram account where they’re sharing images of their products to their followers.

If you think that you are one of these people, then that's really awesome because if you’re doing this, then you have found a clear problem to solve and you are solving it. You’re also talking directly with people with this problem, with your target market, and you’re figuring out how you can create the best product to help these people.

The other type or online sellers (or the second group) are those that are obsessed with earning money, getting rich, and are not even thinking about how they can add value to people’s lives.

They think about how they can make their business as easy as possible for themselves; you know: passive income, or they don't have to do any work, or they just spend money on ads and pray for sales without doing any market research.

Yes, making money is important, that’s a lot of why we do this but you need to START with helping people. If you help people, the money will come and you will soon see all the benefits of online business.

Starting an online business in 2021 is again not easy, but it offers a lot of opportunities. It will be hard at first but when you know the ins and outs of Ecommerce, you'll realize the many advantages of online selling. But first, let me know in the comments below if your Team "Help the World" or Team "Make More Money Now."

🎥 Watch the full video version of this episode here: https://www.youtube.com/watch?v=7NCfpBkXFBw

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