Last week one of my clients emailed me asking a particular issue with their newly launched internet business. What I learned was that their internet business has lot of potential, but at the same time they were doing things the wrong way. There was no set business model, no marketing plans, no launch dates… In fact their business was nothing more than on the verge of being broke before even it was released. I contacted them and asked how they came up with the idea of starting an online internet business. Here is what they had to say
I recently bought an ebook which promised to help me start a successful internet business with zero investment. However, after reading the book and taking all the actions specified, I realized that I had spent more than 5000$ on the project with no visible progress. I feel I have been cheated by the author. But they sounded so convincing. Their sales page was filled with proofs and testimonials I blindly believed.
Most people come online thinking they can make money very easily. In my opinion it is neither difficult nor easy. Those who promise quick riches are just tricking you for their own gains. You should start any venture online by treating it as a real business. All the people who keep asking how to start an internet business, end up buying one of those get-rich-quick scheme. The result is that neither do they learn how to start an internet business, nor do they build anything close to a S-U-C-C-E-S-S-F-U-L Business.
Warning: Starting an Internet Business is NOT EASY as some of the guru’s portray it.
10 Steps To Start an Internet Business
- Think if you are ready to become an internet business person. Do you have the time and dedication for it? Yes??? Good, go ahead then.
- Think about the type of internet business you need to run. Is it affiliating marketing? Selling your own products? Selling your services?
- Give a name for your business. You need to come up with a cool, easy-to-remember and brandable name for your internet business.
- Register a domain name for your business. I suggest you to use registrars such as GoDaddy or NamesCheap.
- Now that you have a domain, get yourself a good web hosting plan. If you expect a lot of visitors. Then I suggest you go for a dedicated server. If you just want to try out then I suggest you go with a basic shared hosting. Beware of cheap hosting that could ruin your business. Availability is critical for your internet business. Even a second downtime could mean lost customers. I generally suggest using Hostgator or sharkspace for your hosting needs. Note: Never let your domain registrar and hosting company be the same.
- Create your own website or outsource it. RentAcoder.com is a good place to outsourcing your design and programming work. If you want to do it yourself, use software’s like dreamweaver or xsitepro 2. If you would like to design the website yourself, here is a complete step-by-step instruction on how to do it.
- Create great content for your business website. In the online word, words make the sale and hence having high quality, problem solving content is necessary.
- Promote your internet business just as you would promote a brick-and-mortar business. The internet is becoming increasingly competitive and so I would suggest you to treat the marketing of your business very seriously.
- Collect customer feedback. Do not wait for everything to be perfect. Launch your internet business with the minimum functionalities. As you get feedback from your customers, you can continue to build on your business and make it perfect.
- Form partnerships for your online business once it has attained some level of success. Publish affiliate programs if your business model is suited for that. I have personally found rapid action profits being of great help in that area. Find a partner who is as passionate as you in this internet business.
Learning how to start an internet business, would seem an easy task given the many gurus making it seem an easy task. I wouldn’t say it is that easy. Only with persistence, consistency and hard work can you attain the success other online entrepreneurs have achieved. You must learn the internet business strategies to master the art of running an online business.
If you would like me to help you out with your internet business, drop me a line using the contact form and I will help you build a successful internet business with my expertise and your passion.