There are so many ways to go about building a successful digital product business. However, there are a handful of mistakes that I see time and time again that stop entrepreneurs who would otherwise be successful in their tracks. And I DON’T want this to be you.
So hopefully I’m going to save you the headache that some of these mistakes caused me by sharing these top seven mistakes I see digital product sellers make and how you can avoid making the same mistakes.
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- Believing the Market is Oversaturated
I hear this belief time and time again from peers, coaching clients and even in my comment section on YouTube. While, yes, Etsy is a competitive marketplace, it’s not oversaturated to the point where new businesses can’t take off.
Here’s the hard truth. Almost anything with lucrative opportunities — like making a six-figure income, being your own boss, or starting a creative career — will be competitive.
And, it’s not hard to see why.
After all, why do you want to make six figures with a digital product business? Is it to increase your current income? The ability to work from home or remotely anywhere in the world? More time with your kids?