There has never been a better time to start an online business


The most recent Kochie’s Business Builders program focused on online business. It started with an interview with me about the big picture, after which I went out to interview two of Australia’s most successful online businesses: and BigCommerce.

Below are the videos of the interview I did with Matt Barrie, CEO of, together with some notes from what he said.

* “I used the site once, and like it so much I bought it”
* After buying Matt Barrie developed the
* It is in the top 300 websites in the world, with 3 million users, with freelancers making over $100 million
* “The first million dollars is the hardest” but it has now taken a life of its own
* Go for quality, not price, look for good feedback, examine their portfolio, converse before engaging freelancers, and use the milestone system

* It’s never been a better time to start an online business. Operating systems, databases, voice over IP and much more are free. Internet connections, domains, ads on Google and more are cheap
* You don’t need to be technical to start an online business – you can hire someone to do it
* Ideas are a dime a dozen, it’s all about execution
* It takes initiative and drive, getting started and continuing to improve, having the passion to do it
* Create a ‘minimum viable product’, ship early and ship often, and get feedback from customers

I will shortly share the interview with BigCommerce, which also has great insights.