Episode 610: #BizTipFriday The 4 Phases of Online Business

Did you know that there are 4 distinct phases of online business, and no matter where you’re at or what you do, I can tell you that you are in one of these phases right now. In today’s #BizTipFriday edition of the podcast, I reveal why it is so important to understand which phase of online business you’re in, and what to do when you find yourself in each of them. This is a topic that you can’t afford to ignore on your journey as a Digital CEO, because you’ve got to know where you are so that you know where to go. So, let’s get to work! 

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I want to invite you to help contribute to this podcast by submitting a question for a #Q&AEdition of The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/QA and record a question (under 4 minutes or less) that could be featured on an upcoming episode.

In this episode you’ll hear:

• Why today’s topic is absolutely foundational to your success in online business and can’t be ignored 

• What to understand about the first phase, niche alignment, and the metaphor I like to use about a popular board game to help explain it

• What being in offer alignment looks like, plus the only way you can successful graduate from this phase 

• The role that strategies and messaging play in the next phase, launch alignment, or the phase you’re in when you know you have a product that works

• Why being in the 4th phase of maximum impact is such a fun place to be, and how scaling in this phase differs from growing 

• Where many entrepreneurs are going wrong with these phases and doing things out of order

• My thoughts on how long it takes to progress through these phases

• What the process looked like for me with my signature program, Business By Design 
  

For full show notes and links, visit: https://www.mindyourbusinesspodcast.com/blog/610