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How my wife quit her job

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Join , other online entrepreneurs and get the latest tips to grow your business and create online courses that sell. This website uses cookies and other tracking tools to provide you with the best experience. By using our site, you acknowledge that you understand this and are willing to comply with the terms in our privacy policy. When his wife became pregnant, the two made it their mission to help Jennifer ditch her soul-sucking while still generating income for their growing family. Within a year, the two built an online shop and six-figure revenue stream.

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How Steve Chou built an auto-responder that was so successful his wife could quit her job

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Join , other online entrepreneurs and get the latest tips to grow your business and create online courses that sell. This website uses cookies and other tracking tools to provide you with the best experience. By using our site, you acknowledge that you understand this and are willing to comply with the terms in our privacy policy. When his wife became pregnant, the two made it their mission to help Jennifer ditch her soul-sucking while still generating income for their growing family. Within a year, the two built an online shop and six-figure revenue stream.

From there, Steve has gone on to create a profitable online business of his own. With candid honesty and actionable advice, Steve shares everything the two did right AND wrong. If you're looking for advice to help you create your own online shop, course or website, there's no one better.

And I'm thrilled to be sitting down with Steve. So Steve, for those who don't know you, how do you describe what you do in a few sentences? Steve: I'll try to keep it brief. I mainly do four main things. Ashley: Nice!

So that's a lot. I read a little bit about your story. I guess your business started with your wife leaving her job. Can you tell me how that progressed, like how you went from one to the other? Steve: Yeah, it was pretty straightforward.

Basically, while we were dating and things were starting to get serious she told me that she was going to quit once she became pregnant with our first child. And so basically where we live in the Silicon Valley it's very expensive, you basically need two incomes, and so when she quit I knew that we needed another income source and that's how we stumbled upon e-commerce.

Ashley: Gotcha. So when did you decide to take that leap of faith and do it? Steve: Literally when she peed on the stick, actually. And she was pregnant so that gave us maybe 11 months if you include maternity leave.

Ashley: So how did that go? Tell me about your first steps in the business. Steve: Yeah, we both didn't know what we were doing at all. The reason we came up with our product, wedding handkerchiefs, dates back to when we got married. We spent a lot of money on photography, and she knew that So we were looking all over the place for handkerchiefs, we couldn't find any in the U.

We used about six of them and sold the rest on eBay. So when it came time to start the business again we got in touch with that first vendor and launched our store. Very slow in the beginning, but it just started gradually picking up as most businesses do.

Ashley: Right, and I've read a lot of your blog posts, I know you can find them on your website. When did you start that meta-blog post, website, etc.? Steve: It was about a year later. A bunch of my friends who I hang out with all the time, they wanted to quit also because they were thinking about starting a family as well.

So I started documenting it and I just started writing about all the different problems that we faced when running the e-commerce store. Ashley: Right. What would you say was the biggest one, or some of your most common [problems]?

Steve: So most of it, ironically, is actually psychological. People are just afraid to take that leap. There's a lot of misconceptions, like how much it costs to start, how much work is required, how hard it is to actually find vendors and that sort of thing.

And so a bunch of the articles are actually dispelling all those myths and teaching step-by-step how to launch. And when you know all the steps it's actually not that intimidating.

Ashley: Okay. So a lot of our audience is at that stage where they're thinking about it and they're not sure. Where would you point them? What would you tell them to do as their first steps?

Steve: So for your audience, which is online courses, like I saw an online course, there really is no risk at all, right? Because it doesn't cost anything to start. So in order to sell an online course effectively, you kind of need an audience. And so what I would advise everyone to do is to just start writing about anything. It doesn't have to be writing. It could be podcasting. It could be video, whatever. Start building an audience, gathering email addresses, just put whatever your expertise is out there, even if you have no intention of making money on it the beginning, because once you have that following built up, once it comes time for you to start an online class or whatever, you'll have a built-in customer base already.

Ashley: Awesome. And I know we do a lot with trying to help people build that audience from our end. So that's really great to hear. So, personally I know you've got a blog, you have a course, you have a shop.

Which one is your favorite to work on? Steve: That's a good question! They all exercise different parts of the brain, right? So with the e-commerce store I deal with physical products, vendors, importing, and all that stuff, which is pretty interesting in the retail side of things.

For the blog, it's more like teaching, so that's fulfilling in itself, like when someone I've taught is successful that's just very rewarding. So I can't really rank them, they're just different. Ashley: Ok. Is there a particularly property, I guess I would say, that has a high ROI, both in terms of work to happiness and work to profit? Steve: So in terms of scalability, which I assume is what you're getting at, the online course is by far the most scalable and profitable asset I have.

Ashley: That's awesome. Steve: Which is in line, incidentally, with what you guys offer, right? Ashley: Ok, that makes sense. We do hear that. We hear that courses are really high ROI. And I just wanted to take it one step further and be like, alright, but do you enjoy making them? Are they okay, or do you love blogging? That's just really interesting to hear. Steve: The thing with the course is that it's profitable but it takes a while to build up that audience so that you have someone to sell to.

But once you get to that point it's pretty much all downhill from there. So with all these properties in mind, what are you plans for the future? Steve: I'm actually probably going to be starting a SaaS company.

Actually very similar to Teachable, obviously not the same thing, but in the e-commerce it is. So I'm going to try to branch out from blogging, podcasting, and e-commerce over to software. Dude, that's like vague and mysterious.

Everybody's going to be as curious as I am. Steve: I'm going to sell a platform that allows you to put up an online course. I'm just kidding, that's you guys. Ashley: Uh-oh. That's awesome. Well, I guess it's under wraps right now. Ashley: I'll be looking for that. Ashley: Yeah. I think too with a lot of our audience, we're starting out, we're figuring things out by trial and error.

And we look to you and everything seems so under wraps and beautiful. What are you struggling with right now and how are you trying to fix it? Steve: So right now I'm at a point, and this is just me personally right now, where there's a ton of these opportunities coming in and it's really hard to figure out what I want to be doing.

So this year one of my projects was that I started a conference which will be in May, and that was a tremendous amount of work, but it was a good way to bring about the community. So I have all of these opportunities but I'm only one person, so the struggle for me right now is to try to delegate all the things and actually be able to do all the things I want to do.

How To Make $5000 Per YouTube Video | My Wife Quit Her Job Interview

Steve: You're listening to the My Wife Quit Her Job Podcast, where I bring in successful bootstrap business owners to teach us what strategies are working and what strategies are not. Now, this isn't one of those podcast where we bring on famous entrepreneurs simply to celebrate their success. Instead I have them take us back to the very beginning and delve deeply into the exact strategies they used early on to gain traction for their businesses.

We just launched engagement data! We have a list of podcasts for the ecommerce-righteous crew out there, plus 2Checkout hosts a webinar, and Rewind partners with BigCommerce to bring you a Black Friday playbook. Your top subscription news.

When my wife became pregnant with our first child, she decided to quit her job to stay at home with the kids. Learn more about our story and how we started an online store that made over K in profit in our first year of business. Listen to interviews from other online business owners who make a living online and live balanced lifestyles. Check out our online wedding linens store where we sell handkerchiefs and linens for special occasions.

My wife quit her job

Before that he started BumblebeeLinens. Andrew : What I mean is that other bloggers are pretty stupid. And their audiences are pretty stupid. What I mean is they are trying to sell this dream that you can work from anywhere as an entrepreneur. They are trying to sell this dream that you have no boss. Why are you doing that? I know you must hate that. Steve : It does annoy me for the people who are posers, but it really comes out real quick. Andrew : What do you mean? Steve : Orthogonal?

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