When you first decide to start an internet business, there isn’t a great deal going for you is there? You often don’t have thousands of dollars to throw into a pot, can’t wait for months to "experiment" until you get things right and need to start seeing some results fast to know you are on the right track.
You may be looking to generate money by selling other people’s products, developing your own such as an ebook, course or other information-based product or generating some extra revenue through placing ads on your site – the same key principles apply no matter was internet business you want to start.
The reality though, you often don’t have a load of extra time or a year’s worth of salary to throw away when you start an online business – it’s usually done with limited resources and you need results FAST!
The good news is it really isn’t all that complicated, and it’s been done before by thousands of successful internet business entrepreneurs. In fact, we have thousands that have followed our eBook Business Blueprint and are now discovering first-hand what it’s like to see daily orders and profits from their own internet businesses.
Start An Internet Business – 5 Key Steps
1. Begin with a marketplace and topic for which you have passion – don’t worry, we’ll show you how to find hidden opportunties in almost any marketplace – but first you must have a gut-based passion for the market and topic you are about to target, you will find all other aspects of business building will come easier if you follow this critical business strategy.
Do you believe Bill Gates loved creating software for PC’s? Did Donald Trump get jazzed about doing Real Estate deals? What about Tiger Woods, do you think he has some passion behind becoming the best golfer in the world?
When you start an internet business, it all begins with passion that can move mountains – and next comes harnassing that passion, turning it into something marketable.
2. All businesses (at least successful ones) address desires, wants and needs people have to either avoid pain or gain pleasure. So, to start an internet business, match the market you have chosen in #1 with a top desire within that market. Ask these questions: What frustrations do people in your market have that you can help overcome or what unfulfilled desire exists that you can help fulfill? This folks is your internet business idea.
3. What will you give the marketplace and in what format. So, you have identified a "cause" in #2 that is inline with your passion in #1 – now you must identify how you will fulfill that passion before you start. An internet business is the same as any other business – you give the market information that helps them achieve what they want.
It could be 1) Bringing an already great product to the attention of those you want to help through reviews, promotions, education, etc… or 2)It could be quickly putting together your own report, audio or ebook on the topic as our eBook Writing System teaches. Because you want to succeed FAST, pick a few experts and interview them to get your content – add your own experiences and BAM, you have a product to sell
4. OK, so you have a passion, a unique value proposition based on the #1 desire in your marketplace and a plan to offer your market a solution – how do you monetize this? If you choose to promote someone else’s product, then make sure you earn a fair commission (30-50% is fair if you are doing most of the education and marketing) or bundle written, audio and video content together to create a course you can price higher than just an ebook – such as a home study course, guidebook, learning program, etc…where you can get $97 or more for your information.
5. To start an internet business that really grows fast, with good momentum, leverage other successful online businesses in your space. How? Uncover the top sites, forums, newsletters and internet businesses that already market to the same audience you do, then ask them to review your products and site. If you strike up a relationship, then have them promote your products in exchange for a slice of the profits – they can become your affiliates and that really gets things rolling.
Have I left anything out?
Oh ya, don’t forget to work on yourself. 99% of your success when you start an internet business is due to YOU and your frame of mind. You need a strong sense of desire, success for you should be a forgone conclusion – you should already see it in your mind, you must have a strong belief and confidence in yourself and don’t give up – no matter what! To get a quick understanding of how to Attract Greatness into your life and internet business, learn the basics of "Achieving Beyond Greatness" – this will give you an unbelievable boost in life and business.
Now, when you start an internet business you are heading out on an incredible journey – that’s serious stuff, but it’s also the chance to really show those around you what you are made of, achieve levels of control and happiness in your life unlike ever before and finally be compensated for the value of your time, energy and creativity. Enjoy the ride!