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My Quarterly Update: Q1 2025

We took our team and their families to a suite at the Vikings to celebrate a great year.

2025 marks the seventh anniversary of publishing quarterly updates on my blog. These updates serve as a tool to provide updates about my family, MarketBeat, Homegrown Capital, and the different community initiatives that MarketBeat supports. Many friends and acquaintances have told me they enjoy reading these updates, so I continue to write them and publish …

My Quarterly Update: Q2 2022

2022 is shaping up to be a year of significant transition both personally and professionally. Our daughter Ady will be entering Kindergarten this fall, marking the first time we have had two kids in school full time since Micah was born in 2012. As MarketBeat grows, My role at the company is transitioning away being …

How Eight Years of Angel Investing Lead to the Launch of a New $17 Million Venture Fund

Eight years ago, I made my first angel investment in a company called Tradesy via Tim Ferris’s AngelList syndicate. Within a matter of months, I made several more investments in startup companies via AngelList. I also made a couple of angel investments directly in local companies. I didn’t know what I was doing at the …

Why You Should Come to Work at MarketBeat — We’re Hiring!

The MarketBeat Team

MarketBeat is an Inc. 5000 financial media company that empowers equity investors to make better trading decisions with real-time financial data, in-depth analysis, and best-in-class stock research tools. MarketBeat has been recognized by Barron’s, Forbes, Entrepreneur, Inc., and Prairie Business for its rapid growth and success. With more than 2.5 million email subscribers, MarketBeat is …

My Quarterly Update: Q4 2021

When you are a community leader, sometimes the most exciting projects you are working on can’t be discussed publicly because they aren’t quite ready for primetime or because all of the pieces necessary to complete the project haven’t fallen into place. You might find yourself working on an important project for months, sometimes even years, …

Two-Way SMS is the Next Big Marketing Channel

Over the last fifteen years of running online businesses, I have had the opportunity to test and leverage many different marketing channels, including email, browser notifications, Twitter accounts, Facebook messenger bots, Instagram accounts, YouTube channels, and a few others. Just about every year, some new social media company comes out and encourages businesses and influencers …

Developing a Thriving Regional Startup Ecosystem Along the I-29 Corridor

South Dakota has some unique challenges when building community and capital resources for startup founders. We have a small and spread-out population compared to the rest of the country. There are also just fewer people working on developing high-growth technology startups at any given time, which makes it difficult to build a non-profit organization around …

Sioux Falls’ Startup Ecosystem is Stronger Than Ever. Here’s Why.

Developing a healthy startup ecosystem is important for any community because it provides entrepreneurs, startup founders, and small business owners critical business resources in the earliest stages of their businesses. It’s not always clear which startup will become the next major employer in town, but by offering resources to all of them, we can be …

My Quarterly Update: Q3 2021.

We have just eighteen summers with our children before they head off to college or into the working world. Over the course of a life, this is a small window to make memories with our little ones before they are not so little anymore. Summer 2020 was unique for many given that everyone’s schedules suddenly …

Apple is Killing the Email Tracking Pixel. Here’s How Email Marketers Should Adapt.

During the World Wide Developer Conference earlier in June, Apple announced that its mail client would start blocking tracking pixels which allow email marketers to know when a user has opened their email. Tracking pixels, which are referred to by some as “spy pixels,” are primarily used to determine which subscribers are active and which …

Leadership Sioux Falls is Fundraising for New Playground Equipment at Hayward Park. Here’s How You Can Help.

Leadership Sioux Falls is a leadership development class put on by the Greater Sioux Falls Chamber of Commerce that provides emerging leaders with personal development skills, education about local and state governments and professional networking opportunities. I’ve been meaning to apply to Leadership Sioux Falls for the last several years, but the dates always conflicted …

Sioux Falls to Celebrate Entrepreneurship Day on March 3, 2021

Beginning this year, Sioux Falls will celebrate Entrepreneurship Day on the first Wednesday of March. For the 2021 celebration taking place on March 3, the general public is invited to join the festivities by participating in a host of events organized by the teams at the Zeal Center for Entrepreneurship (Zeal) and Startup Sioux Falls.  …

The Biggest Mistake You Can Make with Your Email Sign-Up Forms

You are a savvy business owner. Maybe you listen to marketing podcasts and have read some popular business books. You understand that one of your business’s most valuable assets is its customer and prospect lists. You put an email sign-up form on your website to build your audience, perhaps incentivized by a discount coupon, a …

My 2020 Reading List

With 2020 mercifully coming to a close, I thought it would be a good time to highlight some of the non-fiction books that I have read this year. With two small children in our home, there is not a lot of uninterrupted free time to focus on a book. Consequently, most of my reading has …

How I Plan to Evaluate Charitable Giving Requests Moving Forward.

There are more than 500 registered non-profits that have 501(c)3 status in the greater Sioux Falls area, each with their own mission, vision, values, staff, and board of directors. Some non-profits operate on state or federal contracts or through grant programs, but most small non-profits rely primarily on charitable contributions from individual donors. One consequence …

My Quarterly Update: Q4 2020

As I write this post, COVID-19 numbers are spiking across the Midwestern states and there are more active cases now than at any point during the pandemic. While COVID-19 numbers do not look great in South Dakota currently, there does still seem to be a sense that things are slowly returning to normal. Micah and …

MarketBeat Named to Inc. 5000 “Hall of Fame”

Sioux Falls, SD, August 15, 2020 – Inc. Magazine has ranked MarketBeat No. 2296 on its 39th annual Inc. 5000 list, an exclusive ranking of the fastest-growing privately-held companies in the United States. 2020 marked the 5th year that MarketBeat has been included on the Inc. 5000 list, giving the company a coveted “Hall of Fame” …

My Quarterly Update: Q3 2020

Over the last couple of months, I have had the opportunity to start wrapping up some long-term projects and “clear the plate” to make room for some new adventures in my life. Many people, including myself, have the bad habit of continuing to do things long after they have finished serving their purpose simply because …

Preserving Cash is the Key to Your Business Surviving the COVID-19 Recession

We find ourselves in unprecedented times. Many small businesses have had to close their doors and furlough employees with no idea when they might be able to re-open. Unemployment claims have hit an all-time high and some are predicting that COVID-19 related job losses could reach 47 million. The United States economy is undoubtedly in …

How Younger Donors are Changing the Face of Charitable Giving in Sioux Falls.

A while back, I was invited to participate in a focus group of business leaders for the Sioux Falls Brand project which is a collaboration of the City, the Chamber, and the Development Foundation to develop a consistent brand and logo to use when promoting the city. The consultants asked our group several questions about …

My Quarterly Update: Q4 2019

It’s Christmas Eve as I publish this. MarketBeat’s work has largely wrapped up for the year. Our startup community events are on pause until mid-January. The never-ending buzz of social media has slowed to a crawl and my email inbox is surprisingly empty. Our kids are eagerly awaiting their Christmas presents and Micah is excited …

Seven Volunteer Opportunities to Help Lead Sioux Falls’ Startup Ecosystem

Sioux Falls Startup community at the September Startup Social

In the last couple of weeks, our startup community has welcomed a fresh set of eyes that has provided a very helpful outside perspective on the strengths, weaknesses and opportunities that our startup ecosystem has. Zeal has brought on Kate Flemming, who was most recently the director of the Center for Entrepreneurship at Millikin University, …

South Dakota, Artificial Intelligence and Data Analytics (Video)

I had the privilege of being on a panel with Ryan Swanstrom from Swanstrom Analytics and Jodi Schwan from SiouxFalls.Business at the South Dakota Technology Showcase event, which is put on by SDN Communications. During the panel, we discussed artificial intelligence initiatives from South Dakota companies, the role that higher education plays in training technology …

4 Characteristics Every Successful Business Owner Has in Common

There are many different reasons small businesses and startups fail, but there are four traits that I’ve seen in every successful entrepreneur I’ve ever met. I talk about them in this video. #startups #business #business #marketing #entrepreneurship #startup #souxfalls (Watch this Video on YouTube) Prefer to read instead of watch? Here’s a rough script I …

How I’m Putting Together the Second Edition of Email Marketing Demystified

Watch this video on YouTube. Last fall, I was teaching a free class on email marketing at a local entrepreneurship center in my hometown of Sioux Falls, South Dakota. During the question and answer section of my talk, a friend noted that Email Marketing Demystified was written in 2015 and wondered if there was any …

Should You Enter the South Dakota Giant Vision Competition?

Every year, the Governor’s Office of Economic Development puts on a startup competition for South Dakota residents. There are some good reasons to apply and participate in the competition, but there are limits on how beneficial it can be for your company. Watch This Video on YouTube Learn more about Giant Vision at http://www.southdakotagiantvision.com/ Here’s …

The State of Venture Capital in South Dakota

Mike Vetter (CEO of DataSync), Tom Eitreim (Manager of Angel Funds and Market Research at The Enterprise Institute), Dwaine Chapel (Executive Director of The Research Park at South Dakota State University) and I sat down with Jackelyn Severin from South Dakota Public Broadcasting for their Making a Living program to discuss the start of venture …

How to Raise Money for Your Business in the Great Plains or the Midwest (Updated 11/18)

As the public face of Falls Angel Fund, I receive a lot of inquiries from entrepreneurs and would-be business owners that are looking to raise money to get their businesses off the ground. In the past couple of weeks, I have received inquiries from an entrepreneur running a medical devices startup, an entrepreneur running a …

How to Build an Interest-Based Community on Facebook

Every successful community has a central hub for the sharing of ideas the facilitation of random social interactions. Churches have Sunday worship. Service clubs like Rotary and Kiwanis have weekly meetings. Geeks have game nights at local comic shops. These regular places of meeting provide members of a community a forum to engage other people …

Webinar Replay: How I Went from $500,000 to $4 Million Per Year Using Email, Web Push and Facebook Messenger

I recently recorded a webinar on how MarketBeat has leveraged web push notifications, email marketing and Facebook Messenger to grow our business from $500,000 per year in 2013 to over $4 million per year in 2018. We go over several practical tips in this hour long recording (and there’s no sales pitch at the end!). …

Building an Entrepreneurial Ecosystem in Sioux Falls Part 4: Educational Opportunities for Entrepreneurs

someone mentoring someone who is working on a business

A few weeks back, I wrote an important article focusing on the four things that the city of Sioux Falls will need if it is going to be a community that fosters new startup businesses that attract outside capital and create high-paying jobs. Since then, I have discussed capital availability, building community, and storytelling as …

Building an Entrepreneurial Ecosystem in Sioux Falls Part 2: Making Capital Available to Entrepreneurs

industry and nature in Sioux Falls, South Dakota, USA

A few weeks back, I highlighted four things that the city of Sioux Falls will need if it wants to become a true entrepreneurial city that regularly spawns job-creating and capital-attracting startups. In short, if we want a stronger social community of entrepreneurs, we need to do a better job of sharing our success stories, …

Building an Entrepreneurial Ecosystem in Sioux Falls Part 1: Creating Community

A picture from the first Open Startup Coffee event in Sioux Falls

A couple of weeks ago, I highlighted four things that I believe Sioux Falls will need if it wants to follow the footsteps of Austin, Boulder and other startup communities and become a city that regularly spawns startups that create new jobs, attract investment capital and foster economic growth. We will need opportunities for collaboration …

Startup Q&A #26: Outsourcing, Delegation, Customer Retention, and Email Marketing Technology

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: Use https://manychat.com/ to set up a facebook chat …

Four Things Sioux Falls Needs to Become an Entrepreneurial City

Over the last several months, the business community in Sioux Falls has taken a renewed interest in the role that entrepreneurship plays in bettering the city. The Zeal Center for Entrepreneurship has become more prominent in the community with their recent rebrand and remodel, as well as their launch of an accelerator program. The closure …

Startup Q&A #25: Venture Capital – Pitching and Making a Deal

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: Use short emails to engage your audience with …

Startup Q&A #24: Venture Capital – Who can invest and who can raise money?

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: Do session recordings of your website to find …

Startup Q&A #21: Evaluating an Idea, Choosing a Bank, Investing in IPOs, Building an Email List, and Partnership Agreements

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: Use an online invoicing system to get …

Startup Q&A #20: Partnerships, Convention Booths, SEO, Understanding Financials, and Book Publishing

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: Switch your sites over to https This Week’s …

Startup Q&A #19: Learning to Code, Mentorship, Encouraging Kids, and Protecting Intellectual Property

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: Switch your sites over to https This Week’s …

Startup Q&A #17: Investment Asset Allocation for the Entrepreneur

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: read the investing books listed in this blog …

Startup Q&A #16: Investing for Entrepreneurs – When and How to Start

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Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: use Personal Capital to assess your investment …

Startup Q&A #15: Email Marketing – Getting to Your Customers’ Inboxes and Monetizing your List

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: Use After Offers to build your mailing …

Startup Q&A #14: Email Marketing – Why to Use It and How to Do It

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: use Mail-Tester.com This Week’s Questions Why is building …

When to Make Your First Hire in Your Online Business

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. You might think that you don’t have enough work to keep an employee or contractor busy or that you can’t afford to bring on a team member right …

Startup Q&A #12: Bookkeeping, Networking Organizations, Selling a Business, and Politics in the Workplace

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: split-test your subject lines This Week’s Questions What …

Creative Ways to Make Money from Your Online Business

public speaking is a way to leverage your blog

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. There are several other creative strategies that you can use to make money in your business that don’t fall neatly into the broad categories of display advertising, affiliate …

Startup Q&A #11: Managing Your Email List, Funding Your Business, Knowing if You’re Ready to Start a Business, Scratching your Own Itch

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the Week: read Beyond the E-Myth by Michael Gerber …

How to Grow Your Business with Paid Advertising

paid advertising image of billboard

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. After your business is more established and you have begun to develop your own products and services, you can experiment with doing paid advertising to grow your email …

Startup Q&A #10: Web Hosting Issues, Marketing Spend, Non-Disclosure Agreements, Getting Started with Investing

startup q&a logo

Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the week: do research with BuiltWith.com This Week’s Questions …

How to Use Standard Operating Procedures (SOPs) in Your Business

Business binders with POLICIES and PROCEDURE words on labels place on process flow charts, pen pointing at document word

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. A standard operating procedures (SOP) is a written document that explains how people working at your company should complete a specific task and why they should complete it …

Startup Q&A #9: Online Business Tools, Health Insurance, Finding Investors, and Formal Education

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Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the week: read The Automatic Customer by John Warrilow …

Seven Tips to Successfully Manage Your Team

I love my job

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. Many people think that managing others isn’t hard and that they would be a pretty good boss given the opportunity, but creating an environment with good communication and …

Startup Q&A #8: Building an Advisory Team, Learning from Failure, Evaluating a Niche, and Investing in Gold or Bitcoin

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Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Tip of the week: use similarweb.com This Week’s Questions What’s the …

How to Find and Hire Your First Team Member

Young candidate having an interview with his employer

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. I have probably hired about two dozen people between employees and contractors over the course of the last decade. I have never created a single job posting or …

Startup Q&A #7: Prioritizing Expenses, Attending Conferences, Performance Metrics, Legal Structures, Business Skills

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Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Growth Hack of the Week: Go on a virtual media tour …

What Tasks to Delegate and Outsource in Your Business

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. If you are at your maximum workload capacity and are looking to bring someone on to lighten your load, make a list of your current work-related responsibilities and …

Should I Hire an Employee or Bring on an Independent Contractor?

contractors file vs having employees

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. In the United States, there are two broad categories of workers—employees and independent contractors. Employees tend to work for a single company and contractors tend to do a …

Startup Q&A #6: Bootstrapping vs. Investment, Networking, Business Banking, Industry Changes, Exit Strategy

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Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Resource of The Week: Built to Sell, by John Warrillow This Week’s …

Starting a Business? You Need a Team

working inside a box to signify working in your business vs working on your business

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. There are two broad categories of work related to your business—working on your business and working in your business. If you have read the book E-Myth by Michael …

Startup Q&A #5: Reinvestment, Marketing Responsibility, Pricing SaaS, Prep for Entrepreneurship, Vetting an Idea

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Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Resource of The Week: Kickbox.io This Week’s Questions How do you approach …

How to Generate Sales for Your Digital Products After Launch

cat shopping online buying some digital products

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. You might generate a large number of sales during your initial launch period only to find that sales taper off after the promotional efforts for your launch conclude. …

Tools to Help Make Your Digital Product Launch a Success

a lot of old instruments in tool box

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. There are several companies that produce software and services geared toward people selling digital products. Here are some software packages and services you might consider using as part …

Startup Q&A #4: Allocating Profit, Finding Service Professionals, Selling an Equity Stake, and Hiring

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Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Growth Hack of the Week: Export your contact list from LinkedIn …

How to Successfully Launch Your First Digital Product

Grand opening ballon sign

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. In order to successfully launch a product to your audience, you need to make a really big deal about your launch and give your audience incentives to buy …

How to Create Your First Digital Product

Close-up Of Businessman Hand Planning To Do List

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. Before you begin creating an outline, writing or recording videos, the first step to creating your digital product is writing the marketing copy you plan on using to …

Startup Q&A #3: MLMs, Business Incorporation, Pitching Investors and Angel Investing

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Watch or Listen to This Episode: Watch on YouTube (Video) Watch on Facebook (Video) Download MP3 File (Audio) Subscribe to Startup Q&A Subscribe via YouTube (Video) Subscribe via iTunes (Audio) Subscribe via Stitcher (Audio) Subscribe via Google Play Music (Audio) Subscribe via RSS (Audio) Growth Hack of the Week: Stop doing low-value tasks in your …

Startup Q&A #2 – Content Creation at Scale, Automation, Business Debt and More.

startup q&a logo

(Note from Matt: Startup Q&A is an experimental video show that I am working on. It is in “beta” and production values will steadily improve from week to week.) Links: Watch on YouTube Watch on Facebook Download Audio (MP3) Subscribe to Audio Podcast Subscribe on Stitcher Subscribe on Google Play Growth Hack of the Week: …

When Should You Start Selling Digital Products in Your Online Business?

Deserted island With Palm Trees - wait for good traffic before launching digital product

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. Launching an online business requires an incredible amount of work over a long period of time and there’s never quite enough time to get everything done that you …

Why People Will Buy Digital Products from Your Online Business

Close up of a happy woman hand buying online with a laptop and paying with a credit card

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. You might think that you won’t be able to sell a digital product to your audience because there are people that know more than you that are already …

Startup Q&A #1 – Going Full-Time, Hiring Employee #1, Tackling Big Ideas and More.

(Note from Matt: Startup Q&A is an experimental video show that I am working on. It is in “beta” and production values will steadily improve from week to week.) Links: Watch on YouTube Watch on Facebook Download Audio (MP3) Subscribe to Audio Podcast Subscribe on Stitcher Subscribe on Google Play This Week’s Questions #1 – …

An Introduction to Digital Products

reading ebook and digital products

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. When you promote other people’s products and services on your website through display ads and affiliate offers, you only get to keep a small fraction of the revenue …

How to Make Money through Affiliate Marketing on Your Website

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. Affiliate marketing is a type of online advertising that pays publishers and marketers a flat fee or a percentage of a sale when a user takes a specific …

What Ad Networks Should You Run in Addition to Google AdSense?

variety of darts on dartboard

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. Google AdSense is not the only game in town. There are hundreds of other ad networks that you can use in addition to or in place of Google …

How to Make Money on Your Website with Google AdSense

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. Google AdSense (www.google.com/adsense) is the 800-pound gorilla in the display advertising world. Google AdSense enables publishers to access inventory from Google’s own advertiser network, Google AdWords, and from …

How to Make Money by Running Display Ads on Your Website

business , e-commerce

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. As I mentioned, placing display advertisements on your website will almost certainly be how you make your first dollar online. If your website is up and going, you …

How to Identify New Marketing Channels by Learning From Your Audience and Your Competitors

follow path along trail left by others stone cairn

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. One of the best ways to identify missed marketing opportunities is to study what your competitors are doing. If a competitor of yours is consistently running a Facebook …

How to Set Up Web Push Notifications on Your Website (and Why You Would Want To)

You probably regularly receive notifications on your smartphone for things like calendar items, Facebook posts and emails, but did you know that a similar technology exists for desktop web browsers? Web push notifications are a relatively new technology that allows a website owner to send notifications to people that subscribe to notifications on their website. …

How to Promote Your Business with Guest Posting

man focusing on computer writing a guest blog

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. Writing guest posts for other people’s blogs is another effective way to leverage other people’s audiences. Just like a podcast tour, you have the direct opportunity to promote …

How to Promote Your Business with a Podcast Tour

podcast tour to promote new online business

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. A creative way to promote your brand and leverage other people’s audience is by getting yourself booked on podcasts that are relevant to your niche. A great time …

How to Find Topics to Write About on Your Website

brainstorming blog post content ideas

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. When you commit to creating content on an ongoing basis, one of the biggest challenges you will face on a week-to-week basis is figuring out what to write …

How to Develop a Content Calendar for Your Website

Working with the laptop and organizing monthly activities and appointments in the calendar

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. When you have decided which publishing channels you want to use in your business, the next step is creating a content schedule. A content schedule is simply a …

How to Effectively Use Facebook and Twitter to Promote Your Business

using facebook and twitter for business

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. Every business should have a presence on Facebook and Twitter because they are currently the two most broadly used social media platforms. A study from the Pew Research …

Which Social Media Channels Should You Use to Market Your Business?

social media options

Below, you will find an unedited excerpt from my new book about building Internet-based businesses, Online Business from Scratch. To receive updates about the book, visit www.fromscratchbook.com. When developing your content strategy, your first task will be to determine what platforms you want to publish content on. Your website will serve as the hub for …