A Business You Can Start From Home
September 14, 2007
My office gets quite a few emails each day, and I thought I’d share one of the recurring themes from many of them. The question is asked in different ways, but it is the same question on them.
“I only have a few hours in the evening each day to start my own business. What do you recommend?”
My recommendation is to pick a niche. And let’s not get difficult with niche here for this discussion. I just mean pick a subject of interest that there are already people online looking for information on that subject. You don’t want to have to “find an audience.” You want there to already be interest on the subject that you can tap into.
Gary Halbert set up a scenario at one of his seminars where he told everyone they all owned a hamburger stand. Each attendee could pick whatever advantage they wanted. Some picked having the best burgers. Others wanted the lowest prices. And so on. Gary told them he could beat them all with only one advantage…a starving crowd.
That’s the key. Find a easy to target group online and offer them what they’re already starving for.
Build a list. Build a relationship with that list. And then sell them products they’re already excited for.
These can be products you develop personally or they can be products you promote as an affiliate. Personally I prefer having your own products, but I know many people prefer to test the waters first by selling a product created by someone else.
The key finding a market you can tap into and build your list from. Then promote your products or the products from affiliate programs.
So those are two ways to start making profits I recommend to someone who has just a few hours each evening to profit online:
1. Create your own products.
2. Or sell products from affiliate programs
Either way, the key principles are the same. Find people interested in the subject. Make them an offer to get them on your list. Then build value with content and offer them products.
Isn’t that what is happening in this blog post right here? This is a subject people are interested in. My blog has an ever growing list. I’m providing you with regular content to build a relationship. I make special offers to you.
Special Weekend Only Offer…
The special offer was only good Sep 14 to 17, 2007…it has ended now.
I’d recommend you take a look at the complete recordings from my group coaching series on how to build your own email list, grow your relationship with them, and turn that list into money-on-demand month after month here:
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Comments
3 Responses to “A Business You Can Start From Home”
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Thanks for running the special, Terry. I have purchased it and am really looking forward to getting all this great information! I am reading your Internet Integrity book right now, and am really enjoying it.
Regarding a list, I wish I had started to collect a list when I first started blogging. I am doing it now, two years later, but I could have been building some fantastic lists during those two years!
Terry,
I am so excited to have found this website/blog. I know you may not remember me being a long time since we communicated, about 4 years now.
Thanks so much for the wonderful information you had provided in the past, they have really helped me a lot. I still have the 10 Secrets ebook with me and it is a VERY important tool to my growth in the online business.
I discovered a niche and making HUGE impact though the money is trickling in now.
God bless you man.
Hey Terry,
thanks for reminding me about what Gary Halbert said. So many marketers forget that there needs to be a hungry market for the product.
I just spoke to a client of mine with the same problem, and even with the best marketing it almost can’t be solved.
The advice I gave him is to check whether there are others selling products or services and for how much. If there’s no competition, there isn’t money to be made!
Also, thanks for the blog special - I’ll be checking it out later today.~
-Dave