How Would You Start a Business Online?
I bet you have heard about the benefits of starting your own business online. However, any online business, for beginners, is going to be a venture into the unknown. I was skeptical at first when I heard about making money online because I had no experience with business or computers.
I was cheated a few times at the beginning by those so-called high yield investment programs, paid survey panels, and affiliate marketing programs.
I thought making money online was just a myth as there were no legitimate ways to generate passive income online. I admit there are way too many scams out there on the internet and someone us are just not lucky enough.
After years of trying, I firmly believe that making passive income online is possible for anyone that is willing to take the time to learn. It is important to know that making a lucrative income online requires you to learn and invest some hours in order to make progress.
Making money online is no different than anything else in life such as learning to cycle and learning new languages. You need to put consistent efforts over time in order to see results.
When I started my site, I had no experience at all. I knew absolutely NOTHING about business or marketing. There were a few hiccups getting started. As I told you earlier, I was scammed into MLM schemes and I spent hundred of dollars on Guru’s money making recipe. None of them worked or at least didn’t provide me with the “ingredient” I needed.
So I decided I need to find some mentors who knew how to make a legitimate online business. With their training and mentoring, I stumbled through my first sites and eventually make a lucrative income online.
How Would You Start a Business Online?
#1 Set goals
It is essential for you to have a goal to aim for. If you don’t achieve your goal, you can measure how far you were off. The more specific your goals, the better of an idea you’ll have of how to achieve them.
For example, my goal was to generate a consistent five figure income online and to allow me to quit my nine-to-five job in a year time.
Knowing and setting realistic goals are important as they help you to set up a long-term plan and strategy. Many people expect to make $1,000 in a week time. That is why there are lots of people are being scammed online due to those over-promising investment schemes that only aim to steal your hard earned money.
Lastly, set some time goals too. Can you work on this every day for 2 hours and 5 times per week? Can you devote at least 45 minutes every day 7 days a week?
#2 Make a plan
Now that you know your goal, you will need to plan ahead how to achieve it. With your plan, it allows you to evaluate whether you are heading in the right direction. Planning increases your chances of success.
#3 Take action
If you don’t take action, you will not be able to achieve your goal. That simply means you will not be able to make any money. Know “how” is not enough, you will need to implement your plan and move forward. A dysfunctional, poorly maintained, embarrassing attempt at a business that makes only $10 per month is infinitely better than doing nothing. My mentor once told me if you can make $10, you can make $10,000, in which it is proven to be true!
#4 Find a mentor
As you move forward, you will probably have questions and stuck. Having a mentor to guide you along the way will definitely make a difference. Just like you and me, no one is perfect and everyone makes mistakes.
You may decide to do things a bit different from your mentor at a later time, but a business mentor can act as your confidant in times of stress, confusion, and frustration. If you would like my personal help, you can sign up here to get lessons and 1-on-1 support from me while you build your business.
#5 Learn from mistakes
It’s highly unlikely that you’re going to hit a home run on your first try. At least, I did not.
To become a successful marketer, you will need to test, tweak, and make changes as you progress. Keep what works, ditch what doesn’t. This is how you build income from $5 per month to $10,000 per month.
I hope you found these tips useful. For those that are interested in starting your business online, you can join my free 7 Day Affiliate Marketing Course to learn what your first steps should be to build a successful online business. This business isn’t going to build itself. You have to take some risks, do some work, and get ready to learn.