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Wednesday, July 25, 2007

The Simple And Easy Way To Start An Online internet Business

Setting your online business goals:

The process of setting goals and objectives and
then designing strategies for attaining them is
essential when starting an Internet Business. So,
you end up with what is called a business plan.
To set specific goals for your new business, first
ask yourself this question:

Why do I want to start an ?

We already covered this in the early post.Okay, next
What product or service can I offer to the people
on the Internet?


Do I have a product or service that people are
looking for on the Internet?

To save you some research work, I’ve included the
list of Top 17 Best-selling items / categories on
the Internet below
1. Clothing
2. Toys and Video Games
3. Electronics
4. Computer Hardware
5. VCDs / DVDs
6. Books
7. Greeting Cards
8. Home Furnishing
9. Jewelry
10. Health
11. Travel
12. Automobile
13. Real Estate
14. Online Trading
15. Music
16. Food
17. Sports

When identifying a need, doing market research ispart of your homework. One of your first stepsshould be to find out what it means to do  and to determine the best ways for you tofit into the exploding field of (electronic commerce). The more information youhave on the following aspects of the Internet, themore likely you are to succeed in doing business online:

Competition: Familiarize yourself with otherexisting Internet Businesses that are already doingwhat you want to do.
Customers: Research the various kinds of customers who shop online and who might visit your site.
Environment: Explore the special language and styleof online communication – in other words, know theculture of the Internet. If you are not yetfamiliar with the culture of the Internet, then thebest way to learn is to subscribe to (electronic magazines) and newsletters for your reading.

Write all your ideas down on a piece of paper. Askyourself, “What do I have that people are lookingfor on the Internet?” Take your time. This is notsupposed to be an overnight activity. So, don’t besurprised if you take days. Taking your time anddoing a thorough market research on the Internetbeats jumping onto an opportunity at first sight.

What if you don’t have any products to sell?

I would like to take this chance to get a HUGE MYTHout of the way. If you think you NEED to have aproduct to sell to make money – then you’re deadwrong, really.You’ll be glad that you’re wrong after I tell youthis. You still CAN make money without having tocreate your own product. And there are severalinstances you DON’T NEED to HAVE a product to sellat all in order to make money!


Quite simply, you can either be a referral to earna commission or sell advertising spaces on yourwebsite or newsletter. That, my friend, is just aspeck of a dust. There are still many other waysyou can make money on the Internet WITHOUT havingto have your own product to sell.

Furthermore, you can either:

• Buy Resell Rights to someone else’s product andstart selling it on the internet. All you wouldneed to do is buy resell rights to an infoproduct, upload it to the internet and drive
traffic to it via Google Adwords…and there’syour 1 hour online business. You could also…

• Sign up as an affiliate and promote someoneelse’s product (this is even easier than thefirst business). All you’d need to do is signup to an affiliate program and drive traffic toyour affiliate link…Again, you can use GoogleAdwords to drive traffic to the link.

This is good news to those who are already sweatingover the thought that of needing to create or havetheir own product to sell to make money! However,the 10 Step approach to setting up your ownInternet Business presented in this chapter gearsmore towards “selling products or services”Internet Business Models.

Why online internet business?

Here are some of the main reasons most people decide to start an online business:

• It takes very little money to start

Unlike a business in the “real world” , an online business does not need a lot of start up money. All you need as an idea, a domain name, Internet access and hosting…all of which can be had for under $100!

• You choose when you work.Who says you must work from 9 to 5 everyday?

People who are NOT Internet Business owners! The Internet Business is the biggest proof why the statement“working from 9 to 5” is no longer true. With an Internet Business, you don’t have to wake up in the wee hours of the morning so that you can get to work by 9am, anymore. You can start work at anytime since you are your own boss!

• Work from the comfort of your own home

Where you put your computer is where you will be working! And since you’re going to be working from home, you’ll be saving at least two hours of your time each day by not having to travel to and from your work place during rush hours when everybody else is going to work or heading for home. That means you’ll be saving at least 730 hours a year!Wouldn’t you shudder at the thought of wasting 730hours a year doing nothing productive?

• With the Internet, the whole world is your !

By sitting in front of the computer, everyone Ianthe world is now within your three feet. You leverage on free or low-cost software and hardware and the Internet Infrastructure, all of which when combined will give you leveraging power that far exceeds any conventional business, allowing you to achieve more and more with less and less work!

• You can fully automate your online business

If properly set up, some Internet Business model scan be fully automated

• No need to work 8 hours a days every single day

Once you can automate your Internet Business in some way, you can use the time you saved to start another Internet Business, improve your existing business, or spend anyhow you like. You just spend the time online checking your mail religiously,promoting and expanding your business – all in front of your computer. And there is absolutely no need to spend even more than four hours online.

• Spend more time with family and friends

Owning an Internet Business gives you the privilege to have more time to spend with your family, or watch your children grow up. This is what most busy parents crave for. If you are one of them, then you will do well to seriously consider starting Internet Business.
• Your online business can be all about your hobbies and passions

Now, this is my favorite reason for anybody wanting to start an Internet Business! The Internet Business allows your passion and dream to come to life, which is also the most important component of businesses of any kind.

have very little expenses

Believe it or not, some Internet Businesses can beset up and running at zero cost, if not very low.Other Internet Businesses can run with monthly operational expenses so low that they are negligible! So, you can rest assured you won’t find me recommending products or services that cost thousands of dollars, the amount of money which you may as well throw into the stock market if you’ve got such a huge appetite for risk!

• You can have more that one!

Since the cost of setting up and running an Internet Business is so low, and you can automate their operations, you can operate multiple Internet Businesses as a one-person Internet Business owner.You don’t need to hire employees since your Internet Business system is doing most of the job,if not all. It works 24/7 for you. It won’t call in sick. It won’t give any excuses. And it definitely won’t blame you if it ever had worldly problems!

• The Internet is a huge market (the whole world)and it’s getting bigger as you read these words

According to the Computer Industry Almanac, there were 934 million Internet users up to September2004; there will be 1.07 billion in this year. Now,is there any doubt that a 934 million-user pool is very attractive target given the leverage you have on the Internet?

Given all the wonderful reasons for starting your own , I am sure that by now you have already made up your mind whether starting an Internet Business is for you. If you have decided that it’s for you, then.

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