In this Australian Business Podcast episode, your co-hosts Jordan Kidis, Danil Goloubev & Owen Rask tell you how SEO works for business, 9 ways to research a business idea before getting lost, and how GST on overseas invoices actually works. Send us your business questions for this weekendās episode Anyone can send us questionsā¦ that means you!
9 ways research a business idea:
1. Research & study is important – discover the 10,000 hour rule by Malcolm Gladwell
2. What’s your why?
3. Get your personal financial situation / life admin sorted before starting
4. Find the 5 best competitors or brands you admire, and steal at least 1 thing from them
5. Identify your target audience — write down your customer avatar
6. Where will you meet your customers? What platforms do they use? What’s their ‘intent’ when finding businesses like yours? (e.g. why do they need you >> “5 cooking recipes” >> means they could be looking for businesses offering cooking classes)
7. Get a bank account, domain name (e.g. Go Daddy or Crazy Domains) and logo (e.g. fiverr)
8. Know the 3 ways your business will die (risks & how to overcome them)
9. Send us your questions!
Click here send Jordan, Danil and Owen a question to answer on air. Just select āThe Australian Business Podcastā when prompted: https://bit.ly/3QtiY00
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