SHS #131: 5 Lies Most People Believe About an Online Business


Niharikaa Kaur Sodhi

October 26, 2024

SHS #131: 5 Lies Most People Believe About an Online Business

Reading time: 3 minutes

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  3. Build your personal brand that prints money: fill out this form and I'll get back to you.
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Okay, I lied to you. I lied to you about lies. I lied to you that these aren’t actually lies people tell you. What I’m going to tell you are the lies your mind has told you and has clouded you with assumptions.

You’re believing it.

It’s preventing you from growing.

It’s going to slow you down instead of taking massive action. And for many of you, this may encourage you to take no action at all.

You’ll believe me soon. Let me show you.

Sign up for my LinkedIn Workshop!

November 2-3, 2024.

8 PM IST | 2:30 PM BST | 8: 30 AM CT

A deep dive into LinkedIn and all your questions answered in a Q&A session.

“I need to wait to start a newsletter.”

The best time to start a newsletter was yesterday.

Substack is free.

Kit (formerly known as Convertkit) is insanely powerful right from hosting your lead magnet to email marketing. It’s also free till up to 10,000 subscribers, which wasn’t the case when I started there and had to pay a few hundred dollars for it.

You see, email is the only way you get to interact directly with your audience. Everywhere else you’re at the mercy of the algorithm.

Build one straight away, preferably with a freebie (lead magnet). This could be a simple checklist or a short ebook.

“I need more followers to monetise”

I have over 200,000 followers on LinkedIn and my friend has 25,000. For a year, he earns a consistent income through LinkedIn brand collaborations whereas I don’t.

Many people I know with a tiny following monetise it well.

In fact, I launched my cohort-based course Summit 21 as a complete beginner 4 months into quitting my job. I thought nobody would buy it so I was shocked when we sold out.

You don’t need more followers; you need the right audience.

And you build that by creating content that appeals to them.

“I need to be an expert.”

I’ll keep this short.

Growth isn’t always helping someone from step one to ten. Step three to five is still growth, and if you can do that, you’re good to go.

You don’t need to be an expert, you just need to be a few steps ahead.

“I need a fancy website and logo.”

You don’t need anything. Instead, create online and focus on building a personal brand because it

  • makes you credible
  • builds and audience
  • speaks for you
  • attracts opportunities

Most people overthink this part and never start.

“I need to go viral.”

It’s just a vanity metric. It doesn’t assure clients or money.

You can go viral repeatedly and not get clients. You can write for your niche for a few people and get clients who think you’ll be an investment.

I sometimes go viral and attract no clients. Other times, even a post with fewer likes and comments gets me a customer.

You also cannot game it. You don’t know what goes viral. So might as well focus on what is in your control, right?


I hope this encourages you to let go of so many assumptions that are clouding your mind, go out there, and get sh!t done. You got this!

See you next week.

Love,

N

Before you go:

  1. FREE Side Hustler Checklist: to help you kickstart your side hustle. 11,000+ superstars love it.
  2. LinkedIn Content Mastery Playbook: Hundreds of people learnt from this ebook.
  3. Build your personal brand that prints money: fill out this form and I'll get back to you.
  4. Advertise with me: If you’re a brand or a business looking to grow, I get 3 million+ monthly views on my content. Let me help you shine bright in front of my audience.

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Niharikaa Kaur Sodhi

I write tips around side hustling, writing, and monetisation to 15,000+ superstars every Saturday.

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