4 Keys to Getting Started With an Online Business
Below is a guest post from Jimmy Brown on the 4 keys to getting started with an online business. I’ve known Jimmy for years now…and he delivers some excellent products.
He released the bad news this week – that he is retiring many of his products. Please note he is not personally retiring, just some of his products are as he is simplifying his business. I definitely understand that. Having a large number of products becomes a major issue whenever changes need to be made.
The good news is that he is having special prices on the products before he closes the door on each one. I’ve purchased many of them including his Membernaire Site, Outsource Weekly, and his list building courses (yes I actually bought all of these – not received them as a gift).
If you don’t know Jimmy or haven’t purchased from him before, I’d highly recommend you start with his $10 Homepreneur Habits course available here…
It’s one of the products on sale right now, and it was already underpriced. Most people don’t fail at online marketing because they lack information. They often have too much. They fail because they lack focus and a step-by-step plan. That’s what Jimmy covers in Homepreneur Habits – establishing your plan. Check it out.
Without further ado, here’s Jimmy.
4 Keys to Getting Started With an Online Business
By Jimmy D. Brown
Have you ever wondered why some people never get their businesses off the ground? You see them on marketing forums for years, yet they’re not making any money. They’re spinning their wheels. They’re completely overwhelmed by all the available information on the market… so they end up not taking any action at all.
It’s a common affliction – but it doesn’t have to happen to you. Avoid spinning your wheels by follow these four keys to starting a business…
1. Choose One Business Model
One of the first decisions you need to make is which business model you’ll use to pave your path to success. These include models such as affiliate marketing, making and selling your own information products, drop-shipping products on eBay® and similar models.
So, which one should you choose?
Truthfully, it doesn’t matter. If you’re selecting from a list of proven business models like those listed above (and not some unproven “fad”), then any of them will make money for you. As such, the one you choose depends on your likes, dislikes and your ability to do the required work.
Example: Making and selling your own products is a great model and usually considered one of the most profitable models. However, if you hate doing things like creating products or dealing with customer service issues, then you might not enjoy this model – and thus it probably wouldn’t be your best option.
Point is, choose a model that’s a good fit for you. And once you’ve made your choice, move to the next step…
2. Select One Training Course
Just as there are many models to choose from, there are also many gurus and training courses that can teach you about the model. Again, make a list of proven courses and teachers – and then select just one. It should be more than enough to get you on the path to success.
If you don’t know which course is best, then ask someone you trust for a referral, or ask for a recommendation at one of the forums.
Tip: Yes: Later on, you can purchase additional materials to take your business to the next level. But for now, stick with one course. It’s much better to digest and apply ONE course of action than to get yourself in the middle of “information overload” and get nothing done.
3. Take Action
Now you have a model and you have the training you need to use this model to make money. Your next step is to take action on what you just learned.
You might feel overwhelmed when you consider all the work you need to do.
Here’s a tip: Stop thinking of it as a big project, and instead break it down into easily manageable steps. So instead of thinking, “I need to build a website,” instead break this task down into little steps such as choosing a domain name, buying hosting, installing a WordPress blog… and so on.
4. Stick With It Until You See Results
One of the reasons many people fail is because they don’t stick with their model or training long enough to see results. They see something else bright and shiny, and they abruptly move in a new direction.
Example: The person might set up a blog, make a dozen posts and then write ten articles to promote the blog. But before the blog makes even one sale, the marketer decides to drop the blog and try domain name flipping instead. End result: He chases every new idea and never makes a dime from any of them.
You can avoid this simply by committing to stick with ONE thing until you see results.
Example: If you decide to become an affiliate marketer, then follow your training guide’s instructions exactly, and stick with it until you see results. No matter how alluring other models or new products on the market are to you, just keep your eye on your goal.
Tip: Set mini milestones and goals for yourself, such as getting so many visitors or so many subscribers. That way you’ll see some measurable results early on, which keeps you motivated and focused.
Summary
The keys to starting a successful business include choosing one model, choosing one training guide, taking action and staying focused. And here’s one final key: Start now, because there will never be a better time!
——————————-
Jimmy D. Brown is “retiring” all of his products and services! After 10 years as an internet marketer, Jimmy is closing down all of his current sites … removing all of his ebooks, reports, membership sites, software programs, coaching programs, etc. To find out what’s still available, click here…
Related Entries:- 30 eBook Authoring Tips
- Jimmy Brown Gives Free Reports
- 12 Keys I Learned As An Intern
- Is a Business Coach Right for You?
- 189 Internet Marketing Tips, Tactics and Techniques
Comments
13 Responses to “4 Keys to Getting Started With an Online Business”
Got something to say?
Featured Video
Internet Lifestyle Retirement System FREE Video
Available Products
One-On-One Coaching
Internet Lifestyle System
Monthly Mentor Club
Ultimate Interview Product Solution
Email Marketing Mastery
I’m a huge fan of Jimmy D Brown’s teaching and explaining style after learning of him from your website. I think his emphasis on “One” is both crucially important and easier said than done.
Focus.
It’s funny how many times that concept keeps coming up. Whether it’s me reminding myself to focus, or reminding a client, or being reminded by one of my teachers… like Jimmy D.
Social comments and analytics for this post…
This post was mentioned on Twitter by TerryDean: 4 Keys to Getting Started With An Online Business Guest Post: http://bit.ly/bLdBVO...
Hi Terry & Jimmy
Great Post, This is what I learned from Lee McIntyre last year, By focusing your time and effort on one system, you are going to see results if you just keep going…
Cheers
Danny
I love Jimmy Brown’s products and learned a ton from them especially between 2005 and 2007.
This retirement comes as a surprise but also a revelation that perhaps the way we’ve been trained to do Internet Marketing is flawed? Constantly releasing new products at the rate of 3-6 a year with big product launches, instead of focuses on the offers that really convert and improving them.
I’m noticing in my business that although the product launch model works for income generation, it’s not the best because it takes so much time and energy.
I’m still going to release new products, but I’m also scaling back and trying to focus on existing offers to make them better and acquire new prospects.
“Stick with it until you see the results”—> How long should a person stick to it until he/she sees the result?
What are the tools will you use to measure the results? Do you have any free tools which has upgrade feature that can be included for affiliate marketing?
The tools that I am using for my affiliate marketing are: Google Analytics, Su.pr, free link cloaker.
I also agree on what you said about choosing one training course.
Stay focused. I think it is a thing that I’ve experienced when starting to make money online. It is very important to achieving the goals we want.
Nicely stated. I’ve seen people who can’t focus on just one business model…they end up trying to be too many things. Actually I was guilty of the same thing once too. Live and learn.
Stick with it until you see the results.
I agree.
I read the frustration from many new online marketers in online forums. Many end up quitting prematurely because they don’t see results over night.
It’s important to stay with one business model long enough to attain measurable results.
Well frankly speaking that I did not know that much about an online business but I am just knowing more an more about it.I came to know so many new things about an online business from this post and you have given good keys for it.This information will be helpful for me.
The success of online business depends on the first and last keys most. If we choose a wrong model, then it may take so much time to get success. Also if we don’t stick to our work then there is no way to get success. Nice article. Thanks for sharing.
Nice post. I believe the most important is to stick to work until we don’t get result. Many people fail because of only that reason. Thanks for sharing.
Hi Terry,
What I learned is that you need to stick with a program and do what ever it takes to succeed in it. Too many people jump from one thing to another and never get anywhere.
It is so easy to be look at other things and not finish what you started in your first venture. I used to be like that too and learned that if you stick with one thing and focus on it, like a specific niche, you will get to the point where you start making sales. Once that is mastered in that niche, you can get into another niche and make sure that you get in on AUTO-PILOT.
It is all about duplication but you need to master one niche ( Getting free and paid traffic on autopilot and making a decent income from that) before you jump into a new niche and do the same there.
Tal
What Jimmy says is very true. Once you have choose a business model eg. Affiliate Marketing, stick with it. Learn the inside out of AM then you can rinse and repeat for other niches.The principles is the same. If you select too many business model at one time not only you can get confused you will be also wasting a lot of your time and energy.