MONEY MAKING SKILLS you NEED to Know as a NEW Online Entrepreneur in 2022 - YouTube

Channel: Vanessa Lau

[0]
Speaker 1: What's up everyone.
[1]
Welcome back to my channel.
[2]
In today's video, I'm going to share with you some top money making skills that you
[5]
need in order to be successful as a new online entrepreneur.
[9]
And the reason why I'm creating this video is because of common question that I get from
[13]
you guys is Vanessa, I want to start an online business.
[16]
What courses, books, or resources should I invest in?
[18]
And I think that this is an awesome, awesome question to ask because a year ago I was in
[23]
your shoes where I was a one person show.
[25]
I had very limited skills and knowledge about online marketing and I had very little [00:00:30]
[30]
money.
[31]
That's why I had to rely on myself to really sharpen a lot of the technical skills to get
[35]
me from point a to point B all on my own.
[38]
So if you want to learn exactly what I recommend in terms of the technical hard skills that
[42]
you need to master as a new entrepreneur who's doing everything yourself, then keep on watching.
[47]
Speaker 1: Now, like I said, if you're in a situation where you do not have the money
[51]
or resources to hire other experts to help you run your business, then the number one
[55]
thing that I recommend you learning is marketing funnels.
[59]
Understanding the fundamentals [00:01:00] of marketing funnels or sales funnels is crucial.
[63]
If you want to learn how exactly you can generate traffic, convert traffic into prospects and
[67]
convert prospects into actual paying clients and customers because what you ultimately
[72]
need to understand is that if you learn the components of sales funnels, you are essentially
[77]
going to unlock the entire ecosystem of how online marketing really works and this is
[82]
why it's the number one thing that I believe you should learn when you are starting out
[86]
as a new online entrepreneur.
[88]
Because trust me, when you get at [00:01:30] least an overview of sales funnels, you're
[92]
going to learn so many things such as lead generation, lead nurturing, conversion optimization,
[97]
and so much more.
[99]
Speaker 1: Now, I'm not saying that you need to learn how to exactly build sales funnels
[103]
step by step, but at least having a basic understanding of how exactly sales funnels
[107]
works is going to be fundamental for you to know how to exactly monetize anything and
[112]
everything online.
[113]
That's why to help you get started at any level or at any budget.
[116]
I highly recommend the book that changed my life and that is dotcom [00:02:00] secrets
[120]
by Russell Brunson.
[122]
This is the only book that you'll ever need to get an overview of exactly how online marketing
[126]
works.
[127]
This is the very first book that I read that really jump started my career as an online
[130]
marketer and this is a really great book that I highly, highly recommend so I do not take
[135]
this recommendation lightly.
[136]
I recommend it to almost everyone I know, so make sure you click the link in the description
[140]
box to grab your copy through my affiliate link on Amazon.
[142]
Speaker 1: If you don't want my affiliate link, that's totally okay.
[144]
You can just Google it online, but if you are taking this book as my recommendation,
[148]
I'd highly appreciate if you check out the link in [00:02:30] my description box below.
[151]
Again, this book is absolutely wonderful and it is the only book that you're ever going
[155]
to need to get the basics about online marketing.
[157]
Now, the second money making skill that you're going to need is sales.
[162]
When I say sales, I'm not just referring to sales funnels.
[165]
I'm actually talking about your ability to close deals, to attract buyers, to understand
[170]
why exactly people buy and communicate effectively through selling.
[174]
This skill is obviously fundamental to any business because without the ability to learn
[179]
how to sell, you're [00:03:00] not going to be able to generate the revenue that you want
[181]
to generate within your business.
[184]
That's why the biggest return on investment you'll ever make is spending that extra money
[188]
to learn how exactly to sell effectively through either courses, resources, trainings, or books.
[193]
Speaker 1: Even for me, just spending a couple hundred dollars on learning how to sell has
[197]
already generated me $30,000 in high ticket deals.
[200]
To date the I closed myself.
[202]
Not only this adjust understanding why people buy and understand the fundamentals of sales
[206]
psychology has also helped me close at least $200,000 [00:03:30] in sales alone in my business
[211]
as well.
[213]
That's why this is a skill that you definitely do not want to sleep on and you definitely
[216]
want to ensure that you understand at least the basics of selling within your business
[221]
in order to thrive from a revenue standpoint.
[224]
And again, to help all of you guys get started at any level and at any budget.
[227]
I highly recommend the book, the Little Red Book of selling.
[230]
This is an amazing book.
[231]
The link is going to be in the description box below, but it is going to help you understand
[235]
sales psychology really well.
[236]
Speaker 1: Not only this, if you have a little bit more money to spend and invest, [00:04:00]
[240]
I highly also recommend investing in courses that help you sell, that are specific to your
[244]
industry.
[245]
So if you're a coach and you want to master discovery calls, make sure you're also investing
[249]
in a course that's going to help you do that.
[251]
If you are a real estate agent and make sure you're investing in a course that will help
[254]
you sell homes.
[255]
Be Very specific in the courses you buy.
[256]
The more niche the course is, the better.
[259]
Now, learning about sales psychology and how to sell is one thing, but being able to communicate
[263]
that to the masses and sell without selling is another.
[267]
That's why the next skill I'm going to introduce to you is one of the [00:04:30] best skills
[271]
that you're going to need to learn as an online marketer and that is copywriting.
[274]
Speaker 1: The ability to communicate through text has helped me immensely as an online
[280]
entrepreneur because remember, the Internet is a vast space and if you cannot communicate
[285]
clearly to a bunch of strangers that are just looking at a screen, you're going to have
[288]
a lot of struggles in terms of selling your key offerings and services.
[292]
Now I'm going to read some of your minds and I know that you guys are thinking, wait, I
[296]
don't need copywriting.
[297]
I can just communicate through audio or visuals.
[299]
[00:05:00] I don't need to know how to write good texts.
[301]
Well, I'm going to tell you that you're completely wrong because even for me, learning effective
[306]
copywriting and learning how to write effectively sell through coffee, sell through texts has
[310]
helped me become a better communicator on video and on audio.
[314]
And the reason why I say this is because when you become a better copywriter, you're going
[318]
to become a better storyteller.
[319]
Speaker 1: You're also going to be able to manipulate text and the way that you frame
[323]
things psychologically so that it looks a lot more attractive to your audience, which
[327]
will then help you self.
[328]
This is going to help you with your Instagram [00:05:30] captions, your email marketing,
[331]
your landing pages, all of that stuff.
[333]
So that's why I feel copywriting is one of the most underrated skills that people do
[337]
not realize can actually help you a lot in generating more income for your online business.
[342]
Now, speaking of income, if you don't have much of it, let me recommend you a couple
[346]
of books that have helped me become a better copywriter and become a better storyteller.
[350]
The first one is called cash for [inaudible].
[352]
This is an amazing book if you really want to master copywriting and unlock all the trade
[357]
that all the agencies use to sell through coffee and [00:06:00] an in terms of storytelling.
[361]
Speaker 1: The book that I recommend, which I have on my kindle is called building a brand
[364]
story by Donald Miller.
[365]
This is absolutely one of my favorite books because it truly helped me reframe the way
[369]
that I tell a compelling story and it's helped me become a better utuber, become a better
[373]
marketer and become a better content creator in general.
[375]
So with these two books combined, I cannot recommend them enough.
[378]
Now, the next skill that I recommend anyone to shape up is social media.
[383]
Investing in something that's very specific to our particular social media platform is
[386]
really going to help your business.
[388]
For example, investing in a course about [00:06:30] youtube, Instagram, linkedin, Facebook, or
[392]
podcasting is really going to help you learn the ins and outs of that platform so you can
[396]
leverage it to increase your impact, your influence, and your income.
[399]
That's why I cannot recommend it more enough to invest in a course that specializes in
[403]
a particular platform.
[404]
Speaker 1: For you to dominate in.
[405]
Not only this, if you are someone that understands sales funnels, then you should know that social
[409]
media is the number one way for you to generate organic traffic.
[413]
And the reason for this and why it's really important, especially as a new entrepreneur
[416]
with no money, you cannot afford paid advertising right now.
[419]
So that's [00:07:00] why if you dominate on these social media platforms, you're going
[422]
to be able to generate free traffic that you don't need to pay for and then you're going
[426]
to be able to learn sales funnels in order to funnel that traffic into your paid offers.
[430]
Not only this, if you learn sales in general and how to close those people, then you're
[433]
going to generate revenue in your business.
[435]
So I really hope that you understand where I'm headed with this video.
[438]
I'm teaching you the step by step skills that you need, that when combined together is going
[442]
to really 10 x your efforts as an online entrepreneur.
[444]
Speaker 1: Now, on one hand, I think it's awesome to learn the step by step technicalities
[448]
within a particular [00:07:30] social media platform.
[451]
But on the other hand, I personally believe that if you aren't a great content creator
[454]
and you don't really understand content marketing, then it really makes no difference.
[458]
You're not really going to see a lot of growth.
[460]
That's why the program that I recommend is my program called the boss Graham Academy,
[463]
which is now open for waitlist in boss Graham Academy.
[466]
I've already taught hundreds and hundreds of students how to not just dominate on Instagram,
[471]
but also how to create content that actually converts and teaching my students the fundamental
[475]
skills of becoming a great business owner.
[478]
So if you're interested in joining that waitlist [00:08:00] and definitely check it out in
[481]
the link in the description box below.
[483]
That being said, the next moneymaking skill that is essential to your business and your
[487]
life is understanding human psychology and relationships.
[490]
Speaker 1: Now, some people might argue that this is more of a soft skill than a technical
[494]
skill, but I really wanted to add this in the video because it is fundamental on how
[497]
I actually attract people to my tribe.
[500]
A lot of people come up to me and ask, how do you have so much charisma?
[503]
How do you have that Genesee cost factor that keeps people coming back for more?
[507]
And for me, I highly credit to my ability to understand basic [00:08:30] human psychology
[511]
and relationships and with this skill, what you need to realize is that it goes beyond
[515]
just selling.
[516]
It's not about sales, it's about building connection with people and also building that
[520]
type of charisma that allows people to become naturally attracted to you as a person.
[525]
That's why I want to share with you one of the most influential books that I read early
[528]
in my career and that is how to win friends and influence people.
[531]
Speaker 1: Now I read this book in my first year of university and it helped me go from
[534]
zero 100 real quick.
[536]
I became a better leader.
[537]
I became way more charismatic.
[539]
I became someone [00:09:00] who was able to make really great first impressions and also
[542]
strengthen and build solid relationships in my life because of this book.
[546]
So this book is awesome and honestly, every single book that I've shared with you so far
[550]
in this video is the fundamentals of the things that I've learned to get me to the place where
[555]
I'm at today.
[556]
So if you want to emulate the type of success that I've had or emulate the same skills that
[561]
I've learned, definitely pick up all or some of the books that I've recommended to you
[565]
today.
[566]
Now, so far in this video I shared with you a lot of the technical skills you need to
[569]
survive [00:09:30] as a new online entrepreneur that's literally doing everything yourself.
[573]
Speaker 1: Now, if you are someone who is still stuck in the nine to five though, which
[576]
I was a year ago, I'm actually going to share with you in my next video all the skills that
[580]
I learned within my corporate job that I quit.
[582]
That has helped me get to the place that I am today because surprisingly, there are a
[586]
lot of benefits to being in a nine to five and if you actually are open to them and see
[590]
it, you're going to be able to leverage your time in your corporate job or in your nine
[593]
to five so that you can use those skills towards building your dream business in the future.
[597]
So if you're interested in learning about that and make sure you hit the notification
[600]
[00:10:00] bell because you definitely don't want to miss the next video that I have waiting
[603]
for you.
[604]
That being said, while you wait for that video to come out, make sure you also check out
[607]
these two videos right here so that you can learn more about social media business and
[610]
just life in general.
[612]
As always, guys, I hope you guys have a great day, a great week, and a great life, and I'll
[615]
see you in the next one.
[616]
Bye guys.