Ep 183: Why People Fail To Replace Their Income & Make Money Online (through starting a business or buying a business) with Scott

This is what I often observe – people get too excited when it comes to starting an online business. I mean who doesn’t? You get to live the life you want and earn passive income. But in order to achieve that kind of success, you need to go through a lot, which most of the time, people don’t understand. They think online business is a GET-RICH-QUICK scheme not until they failed and learned the lessons from it.

In this special episode, I have invited Scott who is a Buying Online Businesses Community Member who has bought and started a business and has been an active member trying to help people to navigate their emotions and anxieties around the ever-important task of replacing your income online. 

We have discussed how Scott started in online business and what he has done. How he got into dropshipping, sold that business, and then wanted to buy a business, got itchy feet, and tried to start one without any luck? (which you will see is normal)

We have also talked about how much money and most importantly time you can lose when chasing the shiny object syndrome. What are the mistakes that people make on their journey to replacing their income online?  

I’m also going to share the golden nuggets about money mindset and many philosophies that I believe You MUST know to be able to get yourself close to success with less effort and less money.

There’s so much value in this episode, missing it would be the last thing you want to do!

Watch this video now!

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Episode Highlights

02:53 Why did Scott join the BOB community?
05:57 How Scott started his business?
11:35 Scott’s Public Service Announcement
15:00 Why it takes time to grow an online business
21:44 Scott’s advice to those starting an online business
27:16 Why choose to buy a site? 

38:04 How to actually reach your goals?

 

About The Guest

 

Scott is a Buying Online Businesses Community Member who has bought a business, he started (invests in many other things too) one and has been an active member trying to help people to navigate their emotions and anxieties around the ever-important task of replacing your income online. 

 

 

Resource Links:

➥ Buying Online Businesses Website (https://buyingonlinebusinesses.com

➥ Download the Due Diligence Framework (https://buyingonlinebusinesses.com/freeresources/)

➥ Visit Niche Website Builders and get EXCLUSIVE OFFERS as a BOB listener (https://www.nichewebsite.builders/bob/)

 

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