How To Choose An Online Business Idea (That Will Make Money)!

How To Choose An Online Business Idea (That Will Make Money)!

Author: Shane Sams October 5, 2021 Duration: 51:36

Today's guest on the podcast is Flipped Lifestyle community member Mike Buchanan! Mike is in software development, has created multiple products over the years, and he now wants to move into online business and create a membership, but he has a dilemma: too many ideas!

Mike and Shane Sams will try to figure out which of Mike's three ideas provides the best path to a profitable online business. Focus on the one that has the best chance to succeed by going all-in. If you try ideas A, B, and C at the same time, you make it more difficult to see what works.

Brainstorming, choosing which idea is quickest to get to market, and using SWOT analysis will give you clarity on which idea you should pursue.

In today's episode you'll learn:

How to decide which online business idea to try

Don't let your biases or assumptions get in the way

How to prioritize and go all-in on one idea

Don't let your biases or assumptions get in the wayWe would love to have you as a member of The Flipped Lifestyle Community!  We believe you have God-given talents and experiences you can use to start an online business!  All you need is 100 people to pay you $50/m online to make $5,000/m, $60,000/y!  Let us help you start a membership of your own.  We offer a FREE Basic Membership to give you the tools and resources you need to find your online business idea and get started. Click here to learn more: https://flippedlifestyle.com/free


Hosted by Shane Sams, the Flipped Lifestyle™ Podcast is a conversation about building a business that actually fits around your life, rather than the other way around. It’s born from the real-world experience of Shane and his wife Jocelyn, a family who created a million-dollar income entirely online. They focus on the practical mechanics of selling digital products and running membership sites-essentially, creating valuable information and community that people are willing to pay for. This isn't abstract theory; each episode digs into the systems, mindsets, and sometimes surprising tactics that worked for them as they built a location-independent career. You’ll hear candid discussions on the challenges of shifting from a traditional job to a self-directed online venture, managing family dynamics alongside business growth, and the ongoing work of sustaining success. The aim is to provide actionable insights for anyone feeling stuck in a conventional routine and dreaming of a "flipped" reality where work supports life on their own terms. Tune in for a straightforward, often humorous look at the entrepreneurial journey from a couple who is still actively living it, sharing their lessons so you can chart your own course.
Author: Language: English Episodes: 100

Flipped Lifestyle™ Podcast
Podcast Episodes
QA49 – I'm not sure what I can do for an online business [not-audio_url] [/not-audio_url]

Duration: 7:17
In today's Q&A, we are helping Steve discover the right path for his online business and how to make that compelling enough to convince his wife it's possible. Do you have a question you want answered on our podcast? We…
FL 38 – Helping Janelle Start Her Online Business [not-audio_url] [/not-audio_url]

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In today's podcast we're going to help Janelle start selling her digital products on her website subdays.com. Janelle has a product and a vision for her online business but has some questions to really kickstart her grow…
QA 48 – Do I need a Shopping Cart plugin to sell digital products [not-audio_url] [/not-audio_url]

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In today's Q&A, we are helping Beth Anne figure out how to simply sell digital products on her Wordpress website. Do you have a question you want answered on our podcast? We would love to help you! Click here to ask your…
QA 47 – Do I Need to Create A Website to Sell Online [not-audio_url] [/not-audio_url]

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In today's Q&A, we are helping Ashlyn discover if she truly needs a website or can get started without one. Do you have a question you want answered on our podcast? We would love to help you! Click here to ask your quest…
FL 37 –  How to Use Paid Advertising Part 2 [not-audio_url] [/not-audio_url]

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QA 46 – What is the Best Tool for Making Sales Pages [not-audio_url] [/not-audio_url]

Duration: 6:25
In today's Q&A, we are helping Laura figure out what a sales page is and the best tool for creating sales pages. Do you have a question you want answered on our podcast? We would love to help you! Click here to ask your…
QA 45 – Should I Start a New Website or Just Rebrand the Old One [not-audio_url] [/not-audio_url]

Duration: 6:42
In today's Q&A, we are helping Michael decide if he should start a new site or continue on with his domain and blog that has grown stagnant. [Tweet "Should I rebrand my site?!?"] Do you have a question you want answered…
FL 36 – How To Use Paid Advertising on Social Media [not-audio_url] [/not-audio_url]

Duration: 29:24
In today's podcast we're going to talk about we're going to talk about how to use paid advertising on social media. To many people start trying to figure out paid advertising without looking at the bigger picture, so tha…
QA 44 – How to find a good digital product to create [not-audio_url] [/not-audio_url]

Duration: 8:13
In today's Q&A, we are helping Arlene find a good digital product to create for her online business. Do you have a question you want answered on our podcast? We would love to help you! Click here to ask your question! Re…