Not everybody is able to quit their day job and become an entrepreneur at will. Many people choose to start an online business on the side while still holding a full-time job, and gradually transition into an entrepreneurial lifestyle when they feel the time is right. It can be hard to sacrifice the stability of a salary, especially early in your journey as an entrepreneur.
To discuss this, I welcome a very special guest to today's episode of The Sigrun Show – my sister, Gyda Gudjonsdottir!
Gyda is a teacher who created a 5-week math course in Icelandic that serves as training for the standardized tests in math. Her courses are designed to help students as young as 11 excel in Math. She started her online course in 2013, and is now working on creating other courses and looking forward to launching her membership site. Gyda is still teaching, so she is creating her online business on the side of her day job.
Gyda joins me on this episode to talk about how she started her online business from scratch with only a borrowed computer, a tablet, and ingenious ideas for an online math course. She also shares how she balances full-time teaching while working on a side business and the rewards she gets for her hard work.
Everything is possible. - Gyda Gudjonsdottir
In This Episode of The Sigrun Show:
- Gyda’s inspiration for her online business
- Identifying the market based on the demand
- How she marketed her online courses without offering freebies
- Why summer is the busiest time of year for her business
- The number of available slots per summer course
- The average price of the course
- Benefits of an online course versus a typical classroom setup
Key Takeaways:
- It’s difficult to start an online business, but managing it gets easier every year.
- Be committed and find your inspiration.