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When people decide to start an online business, they are inundated with the many business ideas they discover online and on social media.

They don't realize that many of the ideas they hear about have low-profit margins and will never produce enough revenue to replace their 9-to-5 income.

A professional service business (coaching, consulting, done-for-you, etc...) has the potential for scalability and large profit margins when developed correctly.

You must know what skills and expertise you have so you can build a business around it.

This week I'm sharing a Bonus Episode of a Live interview I did with La'Quita Monley of La'Quita's Toolbox Podcast. This interview is split into three parts. This is part one. In this segment of the interview, I share "#1 Thing You Need To Do When You Start An Online Business".

Just like any small business, an online business has an increased likelihood of failure when you skip the important key step I share in the podcast.

As a reminder, Da Boss Experience Podcast is on hiatus. I am releasing tons of value in the form of Bonus Episodes during this period.

So, be sure to tune in for future episodes every Tuesday.

Enjoy the episode!

About the Host. Michele Davis is host of Da Boss Experience. A podcast helping women turn their expertise into an online coaching business that replaces their 9-to-5 income. If you're thinking about starting a coaching business, be sure to watch a free, short video Michele put together that walks you through 3 things you can implement today that'll help you to start and grow a profitable online coaching business. ceoblueprintacademy.com.

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#entrepreneur #smallbusiness #startabusiness #onlinebusiness #businessideas

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Email: michele@dabossexperience.com

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