In this episode, Loraine Marshall delves into the topic of building an online business from scratch with limited resources. She addresses the issue of whether money is necessary to make money, highlighting the importance of vision, passion, and strategic thinking. Loraine explores various low-cost business models such as content creation, freelance services, online courses, and drop shipping. She also provides valuable insights on earning a stable income online, strategies for success, and funding options for women entrepreneurs facing financial challenges. 

KEY TAKEAWAYS

• Building an online business from scratch is possible with limited resources by leveraging free platforms, offering freelance services, and creating content.

• Providing value to the audience, building a strong brand, engaging with the audience, utilizing SEO and content marketing, and analyzing performance are crucial strategies for online business success.

• Funding options for women entrepreneurs include bootstrapping, crowdfunding, angel investors, government grants, and microloans.

• Consistency, persistence, and strategic thinking are key factors in starting and growing a successful online business.

• Collaboration with other entrepreneurs, influencers, and networking can open doors for new opportunities and expand reach in the online business world.

BEST MOMENTS

"While having capital can accelerate your growth, many successful entrepreneurs started with very little."

"Start now and get perfect later."

"Focus on providing value. When you provide value, then people will start to listen."

"Engagement is crucial. Respond to comments, build a community around your brand, be approachable and interactive."

"By combining determination, creativity, a strategic approach, passion, and purpose, women entrepreneurs can overcome financial challenges and build successful businesses."

HOST BIO

Loraine is a blogger, digital creator, and author.
A former Property Management business owner spent a  decade in HMO and family rentals before moving to Spain in 2016 with dreams of becoming fully retired and living in Spain with her partner, but that dream shattered in September 2020. 

Loraine explains how she has now experienced the three D's in relationship endings. Divorce, death of a partner and now discard, the abrupt termination of a relationship. 

Currently working on rebuilding her life whilst living with three overlapping litigations post-separation including the threat of precarious eviction by a former partner.