The buzz with businesses these days is to make them sustainable. The awareness pertaining to the environment is increasing among businesses, therefore, every existing business is trying to go environment-friendly, whereas those entrepreneurs who wish to start a business face a great challenge pertaining to making it a sustainable business.
The primary challenge pertaining to a sustainable business for startup entrepreneurs is the heavy investment it requires at the start. An environmentally friendly business requires better infrastructure, better equipment, and better procedures to make it sustainable, on the other hand, entrepreneurs always run short of these things. In the lines below, I shall discuss with you the four things that you require to leave worrying for others and start your own sustainable business.
Laptop or Smartphone:
The one technological equipment that you require to start your own sustainable business is a laptop or smartphone. Besides the conventional businesses that deal in the conventional market, there is another market online and there are numerous types of business in this market. Therefore, with the help of your laptop, you can browse the online market and do some research on the niche you want to enter, thus once you have selected and finalized the niche, you need to have your laptop or smartphone filled with all kinds of information and data pertaining to your niche. Having a laptop firstly is better pertaining to sustainability compared to otherwise setting a home-based office and gives you the room to be flexible in your starting days as well.
The other obvious thing required pertaining to starting a sustainable online business is an internet connection. The major reason why your business will be sustainable is that it will be set in the online market, to access which you require an internet connection. Therefore, along with your laptop, the other complementary element that you require is an internet connection. Like all the other things in the business, you need an internet connection that suits your needs. You don’t need to have an internet connection the bandwidth of which you rarely use, nor do you need an internet connection that is cheap because it is slow. Therefore, as per the requirements of your niche and the kind of utility you require online, chose an internet connection that meets your needs. For instance, if your niche requires voice communication, then chose an internet connection that facilitates voice communication and if the need is otherwise, then select an according and appropriate connection.
A Creative Business Idea:
You have identified a niche using an internet connection on your laptop, the next thing you need to do to establish a sustainable business is to have a creative business idea. The online market is as competitive as the conventional market if not more, therefore, it is imperative that in your particular niche you work on coming up with a unique and creative idea that fills up some unattended need of the market. Therefore, for a sustainable online business, you need to brainstorm research and work hard on identifying the unattended need and fill it up with some creative business proposal.
To start a sustainable business, you can have a laptop and an internet connection with which you can identify your niche. Then within that niche you can identify some unmet demand and produce a creative business idea against it, however, if you don’t have a proper mindset, then your idea won’t materialize and you won’t be able to have and run a sustainable business. Most of the people have the first two of the aforementioned factors available, a few have the aforementioned three factors available, however, there are very few people who are able to complement the above mentioned three factors with a proper mindset. A proper mindset includes dedication, commitment, management and developing an understanding of how you can make your business more sustainable while in the online market. Therefore, above everything you need to have the proper mindset, which entails that you wish to have established a sustainable business and you show dedication to the cause.
Now it’s Your Turn!
Are you running a sustainable business? What kind of niche are you in? How did you decide upon that? How is your experience about sustainable business? Especially an online sustainable business? Do share your great experiences.
Hey Nate, great post. I especially like #4. I can’t tell you how many people I work with that have very creative and awesome ideas, but don’t have the mindset to make them a reality (sometimes myself included). It’s a process though, and with a great Mentor and Guide like you, people can actually make it happen.
Thanks for the info!
You’re welcome David. Appreciate your comments! 🙂
Love em all! Start with mindset. As within so without. Work your way up from there to build a sustainable business model.
Thanks for sharing!
You’re welcome Ryan! Glad you loved them! 🙂
All of these are great. I think a positive mindset is probably the most important of them all. You can’t really go anywhere if you’re plagued with self-doubt or feel you won’t succeed.
Well said Carlana!
Great tips! I think one huge difficulty in coming up with a sustainable business idea is finding one that hasn’t already been taken. There is a lot of competition out there.
There can be a lot of competition but at the same time it’s all about how you view competition. If competition exists in your world, it’s not always a bad thing. Because without it, there wouldn’t be a need for that particular business. Thanks for the comments!
I always enjoy reading your posts. Mindset is, I think the most important thing. I had some problems with mindset in the beginning but once that changed, other things started to open up.
Have a great day.
Thanks Monna! You as well!
Great post, Nate. I am not using my Smart phone much in my business yet. Since I work from home and am here most of the time, my computer is sufficient. However, that will change, no doubt. Thanks for the information
I think having the proper mindset is very paramount of all those points you’ve raised.
The mind determines everything.
Sure does! Thanks Emmanuel!
Hi Nate, great post. I agree mind-set is foundational. It’s impossible to be successful without it. One thing you mentioned that struck a chord with me is niche. I am learning more about this. Having been a corporate executive for many years while starting my own coaching business to now building my business full-time, I’ve realized niches are critical. Some people think ( I was one of them) everyone is their potential client. The last several years, my niche has changed. My niche market is family caregivers. Mothers raising families while caring for a parent or grandparent, a son/daughter or grandchild taking care of an aging, ill or injured loved one, or, a husband or wife taking care of their spouse. I provide a lifeline through all stages of care giving; helping families through the myriad of physical, emotional, and spiritual issues faced as a caregiver. It’s amazing how we change through our life experiences. So, part of having a niche and a proper mindset is knowing when your business is ready to shift rather than ‘force’ it.
That’s awesome Tandy! Appreciate you sharing that!
I love the way you boil things down to a few important parts.
Know your Niche – Very important
Creating a product or service to address their needs – Very important
Having the right mindset – Priceless!
Everything starts with the right mindset. Thanks Heather!
With those 4 things, I am able to live where I want and do my work. LOVE being a mama-preneur!
Right on Stefani! 🙂
Fantastic value here Nate! Thank you for sharing! Loved how you detailed what you need to build a sustainable network marketing biz!
Internet is key… haha! I like to find fun coffeeshops or businesses with wifi so I can enjoy a view while I work!
That’s what makes having a business online, awesome! Thank you for the comments!
It is interesting how you point out a lot of technology that is important to the growing business. I love how you finish off with the MOST important part, which is NOT technology….mindset.
Exactly. Thanks Pam!
Thank you Nate ,
I think I have most of what is needed ,
but still on the way to make it work right 🙂
Do what you can to make it right! 🙂
The mindset is greatly important. Many who go into business don’t realize what it takes and the compromises they will need to make. Having a long term perspective helps.
Yes, having a long term mindset will keep you in the game longer. Thank you for the comments!
Hi Nate, Thanks for wonderful post about Internet Marketing Business tips. I do favor of your these best tips. I do very agree with Laptop & Smartphone those play a wonderful role for Internet Marketing Business.
I like the first two things, Laptop and Internet 🙂 must needs.
The main thing here is having the right mindset. That is the mindset to have massive success. If you do not believe that you can do it then you will get nowhere fast, regardless of what idea you have.
If you are stuck in a rut then take a BREAK for a half hour and walk outside for a half hour. You will be able to work faster once you return.
Our mind site will determine how we are going to make money online.
I have seen people who blog for months without earning a dime and they keep trying different things until they get the one that works for them.
Oh, and without internet connection and laptop, you are grounded from taking full advantage of making money online!
The most important thing needed is a proper mindset among others because even if you have the other things without a proper mindset that you can do it then your efforts might as well be counted as a wasted one.
I wake up every morning with the right mindset that i have business to do and to do it i require to keep it real and any day i dont feel up to it i simply don’t bother so i don’t spoil something i have been building for years by a single day’s misfortune as a result of my mindset.
I’d go with all 4 but a proper mindset is the most important one here.
You have picked 4 key things here Nate,from the practical to the mindset – and they are all essential for an online business.What will drive the business is the plan and the commitment to it – that’s the hard bit 🙂