Posts Tagged ‘ecommerce’
20: My Process For Choosing Winning Business Ideas
In this episode of Legacy LaunchPod, Leah talks about how entrepreneurs can choose their next business venture by focusing on solving urgent, pressing problems that people are willing to pay for. She emphasizes the importance of seeing oneself as a value provider to the marketplace rather than just seeking extra income. In this episode, you’ll…
Read More#17: Maintaining Motivation & Lessons from Airbnb (Part 2)
In this episode of the Legacy LaunchPod, Leah shares her insights into building a successful family business and the importance of overcoming technical setbacks. She recounts a community success story, emphasizes the significance of a well-defined vision, and answers a question about maintaining motivation. The conversation then shifts to the value of exceptional customer service,…
Read MoreMarket Research – Surveys
Most people do zero market research before launching a product. They come up with an idea, they think “everyone will want this!” and then launch it, often times with no audience. Hmm, I wonder why there’s an overwhelming sound of crickets chirping? There are many ways to do market research, but I’m going to hone…
Read More[Part 3] How Your Small Business Can Thrive During a Recession: Build a moat around your business
In the last few blogs, I went over the major shifts we’re seeing in our economy. How business owners need to respond in order to stay alive and thrive during these weird times. We talked about how to reduce expenses and how to increase revenue. I even shared a notepad list of exactly how I…
Read More[Part 2] How Your Small Business Can Thrive During a Recession: Increase Revenue
Increase Your Revenue! In Part 1 of how to save your business during a down economy we discussed the method for reducing costs. Before we move on to revenue, I wanted to show you this little exercise I recommend you do on a regular basis. Get a big sheet of white paper.If you have a…
Read MoreNew Season in Ecommerce and Online Small Businesses
It’s no secret the economy has majorly shifted.
By definition, the USA is in an official recession. Inflation is through the roof. Not only that, but as lockdowns eased and we have a [likely temporary] feeling of normal life, people have shifted their daily behaviours, including tightening discretionary spending.
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