How to Build a Successful Virtual Business

6Steps2Clip evidence2Anchor concepts6Taught in programs
How-ToFrom the source
How to Build a Successful Virtual Business -- Eben Pagan's framework for building virtual businesses based on his $100+ million experience

Steps

  1. Start with minimal equipment

    Begin with just a computer and internet connection - Eben started from his bedroom with a cheap computer

  2. Control your environment

    Set up a comfortable, focused workspace that you completely control for maximum productivity

  3. Train family and friends

    Actively educate loved ones about respecting your work boundaries and the importance of focused time

  4. Develop self-management skills

    Build strong self-direction abilities since traditional office accountability structures won't exist

  5. Implement tracking systems

    Create dashboards and reporting mechanisms to objectively monitor business performance and team productivity

  6. Compensate for communication bandwidth loss

    Consciously address the reduced communication effectiveness from missing facial expressions and voice tones

Relevant Clips2

  • How-To

    How to build a virtual business from scratch -- Eben's step-by-step process for creating a scalable digital business without physical infrastructure

  • How-To

    How to Build a Successful Virtual Business -- Eben Pagan's framework for building virtual businesses based on his $100+ million experience