We are living in the Digital World now where making money online has never been so easy. A decade ago it was rare for people to have constant access to the internet. If they did it would be in internet cafes or at home on desktops or laptops.
Nowadays a large portion of the population has a mobile phone in their hand which connects them directly to the internet. With all this access to billions of the world population, are you making the most of getting your brand, business or self out there?
I have learned a lot of life lessons being a digital nomad and the biggest is to constantly improve my software and digital knowledge because this is only going to grow year on year.
What Do You Mean By Digital World?
The Digital World is the environment we currently live in. There are so many of us connected to the internet and using various online services.
So much of what we do is based around the internet these days: shopping, entertainment, learning, and above all, communication. Lots of things we do in our every day lives revolve around being online and being connected.
Ever feel like you can’t do anything at all when your WiFi connection goes down? That shows you how much of an influence the internet has on all of us, and how much power it holds when it comes to business.
There is no complete definition of the Digital World or the Digital Era as it involves many different things. The broad explanation involves technology which increases the amount and speed of knowledge in society and the economy.
Because being connected to the internet gives us pretty much all the information and resources we need, there is always the opportunity to grow and develop as individuals and as businesses.
In life, we all have the same 24 hours in a day so it is up to yourselves to develop and make the most of your time.
Software Will Disrupt Most Traditional Industries
Examples of why software will disrupt most traditional industries are hitting us every day. Look at Uber which is just a software tool and they do not even own any cars but are the largest taxi business in the world.
Ever booked a place with Airbnb? This is now the biggest hotel company in the world, although they don’t own any properties. Machine learning and artificial intelligence are getting insane.
Just check out this video of the artificial intelligence used at IBM Watson. It is now more accurate within seconds than many lawyers in the US:
Watson already helps nurses diagnosing cancer, 4 times more accurate than human nurses. Facebook now has a pattern recognition software that can recognise faces better than humans.
In 2030, computers will become more intelligent than humans. So the best advice if software will disrupt most traditional industries is to understand and learn software and the digital world.
Read this article about moving with the times because you really need to start embracing this even if you do not agree with it all.
What is a Digital Company?
In today’s Digital World it’s so much easier to market your company online as there are so many more resources available.
Previously a business would have to rely on word of mouth in their local town or costly leaflet campaigns. Now anyone can showcase their products or services on the internet.
Most people with access to the internet will have a mobile phone. So why not harness the power of these devices and display your brand right in the palm of their hand?
It doesn’t have to cost a lot either, in fact, it doesn’t have to cost anything. Setting up a Facebook page, Twitter profile and Instagram account to promote your services is completely free and can lead you to social media marketing success.
Of course, you can choose to pay to promote your posts on social media, pay for ads in Google search, and pay for SEO services if you want to.
It all depends on what kind of scale you want to grow your business on. It’s always wise to start out simple and then grow your strategies as the company expands.
As long as you’re getting exposure and putting your brand in front of people who wouldn’t have otherwise known about it, you’re making progress.
Why is Digital Marketing Important for Business?
Whether you have a completely new company, or you’ve been running a business for 30 years, there is no denying that digital marketing is vital. These days it is rare to find a successful business which doesn’t have some kind of online presence.
This could be as simple as having a listing in Google maps to help people find you. For larger brands or new startups, the use of digital marketing strategies is so important. It’s crucial if you want to stay ahead of the competition.
The majority of people now search online before they buy a product or service. Statistics show that over 70% of shoppers think they will get a better deal online than in store.
With all the information there in black and white for us to see, most people will compare the prices of a certain product from different online stores. Or we’ll look at a few companies’ websites before enquiring with one.
So if your business doesn’t have an online presence but your competitors do, guess what? They’re going to be taking all of your potential customers away from you because your brand simply can’t be seen.
These days, the internet is such a core part of the consumer experience. You’d be crazy not to harness its power and start profiting from the Digital Era.
Whether that’s just by setting up social media accounts for your brand and posting regular updates or creating a complete SEO strategy and building links to your website.
Living in a Digital World in August 2020
The opportunity to develop a successful business or become an entrepreneur has never been bigger. We use technology every day to communicate, learn new things, make purchases and even watch movies.
There are so many resources available which enable us to enhance our knowledge and skills on a variety of different topics. This means it’s so much easier to work for yourself and become an entrepreneur in virtually any field.
By doing this you can work from your own schedule and adopt a laptop lifestyle which allows you to work wherever you want as long as you have a WiFi connection.
From a consumer’s point of view, living in the Digital World opens up a whole host of opportunities as well.
It is now so easy to buy things online, get a taxi, book holidays, you name it. There is an instant answer to almost everything, and companies in the Digital Era need to keep up with this. If they don’t, they won’t be able to beat their competition.
Never Been a Better Time To Be an Entrepreneur
The development of technology and online resources is currently at its highest and fastest level ever. This means there has never been a better time to be an entrepreneur and start your own business.
Check out this article from the Washington Post to find out more about becoming an entrepreneur and working for yourself in the current Digital Age.
Also, take a look at the video below where Scooter Braun talks about the opportunities available now compared to years ago.
This draws a contrast between companies right now who have access to the internet and companies decades ago. This is back when they simply relied on word of mouth in their local town.
It is so much easier for you to get your brand in front of potential customers and showcase what you do on a national and even global scale.
Most people in developed countries use some form of social media. However, if they don’t they’ll almost definitely use a search engine like Google. These are two places with vast audiences of people wanting to either buy something, learn something or be entertained by something.
If you can provide consumers with one of these things in a way which is profitable for you. Then you’re harnessing the power of the Digital Age.
Online Entrepreneurs Understand Growth Hacking
If you’re going to become an online entrepreneur, you need to understand the concept of growth hacking. This term refers to the use of different marketing strategies in order to find the most effective way of growing a business.
You basically test different techniques for marketing a brand and see which ones give you the best results.
This can be a tricky business as the world of SEO and marketing is changing rapidly every day. Meaning last year’s top strategies could be completely useless now.
With Google updating its algorithm on an almost daily basis, keeping up with what works best takes a lot of patience. It’s common to see a lot of failure as well.
You need to be positive about your problems, otherwise, SEO is never going to work for you, as you will be facing different problems all the time. You need to learn from these.
You’ll find yourself trying lots of things that have no effect. There will even be some things which have a negative effect before you find what works best.
This can even vary from niche to niche and depending on who your target audience is.
Some companies will have great success using social media campaigns, whereas others get better results from paid Google ads. Find out more about PPC vs Organic vs Hybrid here.
This is why growth hacking is key as you always need to be ahead of the game in your own industry.
How to Become a Growth Hacker?
If you realise the advantages of becoming a growth hacker then you need to look at taking action today. The easiest way to start learning the trade of being a growth hacker is taking training. This will develop your skills and improve your knowledge.
In life, the best investments you can do is in yourself. You should be developing, improving and networking every day to make yourself a better person tomorrow.
Strive to be the best and progress daily. I want to know that you are developing your skills in August 2020 so tomorrow you are a better person.
Leave a comment below and tell me how you are developing yourself today and let’s chat.
All Entrepreneurship Related Posts
Check out the in-depth list of entrepreneurship posts.
- Ben Proctor - The Digital Workshop
- Be Positive To All Your Problems
- Can I Interview You To Share on My Podcast and Social Media?
- David Goggins
- Death By A Thousand Cuts
- Digital Nomad Life Lessons
- Elliot Preston - The Digital Workshop
- Encourage Learning In The Workplace
- Entering Entrepreneurship - The Digital Workshop
- Facts About Entrepreneur
- FightMediocrity Review
- Flow State Of Mind - How To Stay Focused?
- Invest Into Digital Assets
- Live The Moment - It Is All About The Journey Not The Outcome
- Living a Laptop Lifestyle
- Make Money Online - Are You Crushing It?
- Money Vs Happiness
- Move With The Times - DEAL WITH IT
- The Change House Model - Get On The Foooking Roof
- The World Is My Office
- The Digital World
- TAKE ACTION - You Create Your Own Luck
- Work Life Integration
- Work Smarter Not Harder
- Work With The End In Mind
- Wasted Time is Worse Than Wasted Money
- Why Networking is Vitally Important
- You Don't Know What You Don't Know
- Your Brain is Your Bitch
- Road to Failure - Lame Excuse "Too Busy"
- Real Entrepreneurs Stay Clear of Multi-Level Marketing
- James Z Dooley – SEO Enthusiast Introduction
The full list shows the entrepreneurship articles to help you widen your knowledge.
- 1 What Do You Mean By Digital World?
- 2 Software Will Disrupt Most Traditional Industries
- 3 What is a Digital Company?
- 4 Why is Digital Marketing Important for Business?
- 5 Living in a Digital World in August 2020
- 6 Never Been a Better Time To Be an Entrepreneur
- 7 Online Entrepreneurs Understand Growth Hacking
- 8 How to Become a Growth Hacker?
- 9 All Entrepreneurship Related Posts