The Importance of Persistence

I had the pleasure of being interviewed by Boomy Tokan: Udemy Premium Instructor, Small Business Consultant, Speaker and Author of 5 business books. His goal is to help “1st Time Entrepreneurs” and “New Startups” uncover the Step by Step process to starting and running successful businesses and to enable those in employment increase their value in the workplace. It was an absolute blast and encourage you all to play around his website. I talked a bit about persistence and not letting the first hurdle stop you. If you were driving a car from Chicago to Los Angeles, and they were repairing a road so you had to detour, would you turn around and go back to Chicago? Of course not. The same is true in your online business. Yes, you will have detours. Yes, you will have hurdles. You should connect to your passion and stick with it.

I provided him with a “one page business plan” that’s more like four pages. He’ll send it to you if you sign up on his website. Ping me if you want it and I’ll send it out to you.

Next up, true confession time. I also have a coach…CJ Ortiz – The Metal Motivator. He puts everything into perspective. He always has the first day of the weekly coaching free. This week is on persistence Enjoy.

How to Learn Affiliate Marketing

We talked about how affiliate marketing is a great way to set up an online business. You make a recommendation for a product like a book or a course, and if someone buys, you get a commission.

You can make money from the internet

It sounds simple enough, but is it? There are three keys for a successful affiliate marketing website.

Research and Test

The first key is to do your research. Before you even register a domain and set up a website, you need to find keyword phrases that people are actually searching for. Then you need to identify products or services that answer that call.

People are ready to buy when they have a pain and they’re convinced the item they found is going to solve that problem. If someone has a toothache, they may search for home remedies and possibly even an information product. If they’re in a lot of pain, though, they’re getting in the car and going to the neighborhood drug store.

The bottom line is to figure out how to get the right information to the right people at the right time. This requires research and testing.

Authenticity and Authority

The second key is being able to provide useful content. Your actual reviews should be as honest and detailed as possible to build up your authenticity and authority. Help people to visualize what their lives would be like if they purchased that product. If they do purchase and it’s a positive experience, they will trust you.

If people feel they can trust you, they’ll part with more of their money.

In addition to reviews, you should have articles that are pure content. They can be tips, FAQs, problems/solutions, etc. You want to convince your readers that you believe it will solve their problems. They will then look to you as the authority and come back to your site.

Drive Traffic

The third key for affiliate marketing is to know how to drive traffic. You can have the best site in the world, but if you don’t know how to drive traffic to it, it’s going to sit there in a graveyard, and you’ll wonder why you did all that work.

Facebook ads are a great way of getting targeted traffic to your reviews. You will also want to test additional channels such as posting articles, commenting on blogs and forums, social media, videos, partnerships, etc.

In future articles, I’ll go into more depth for each of these keys. Have you tried setting up an affiliate website before? How well did it work? Please leave your thoughts in the comments. And thanks for reading!

5 of the Most successful Online Business Opportunities

So you think you’re ready to start your online business but don’t know which one to choose? It’s important to follow one course until successful. Often people will start two or three at the same time and none succeed. It may be difficult finding the momentum to stick to one choice. Remind yourself that once this one is bringing in money, you can start up another one. Here’s the five most successful online opportunities.1185569_collection_business_3

 

Information Marketing

Information marketing simply means writing up what you know and offering it in a way people want to buy. Some people write and sell ebooks on Amazon. Other people create video courses and sell them on Udemy. Think about your career, hobbies and interests. Pretty much anything you know can be turned into something that someone else will buy for some extra cash.

The biggest hurdle here is yourself. Let go of the belief that you’re not an expert. You know more about it than someone else, and that someone may be willing to pay money for your knowledge. To a third grader, a fourth grader is brilliant. So be that fourth grader and sell to first, second and third graders.

You can also use a twelfth grader to get your knowledge. Set up interviews with people who are experts in that area and then you can repackage the knowledge and sell that.

 

eBay/Etsy

Do you enjoy making things? If so, then there are people out there looking for what you’re making. Don’t limit yourself to once a year holiday boutiques. Set up an online store and let people find you.

Or perhaps you like going to garage sales and thrift stores and finding bargains? Well if the thrill of the hunt is what you enjoy, then you can set up an online store and sell what you found and make a profit.

Your biggest hurdle is packaging and shipping out items, and customer service if the item isn’t what they thought it would be.

 

Affiliate Marketing

If you’re good at writing up reviews, this is your ideal business. Affiliate marketing is where you’re selling other people’s stuff and you get a cut of the sale. Amazon has a large affiliate sale program and you can recommend anything they sell and provide a link to the product. If people click and buy, you get a small amount.

You can also review and place an affiliate link for information products, online videos, even eBay. There are many programs out there.

The biggest hurdle is staying on top of your links to ensure they’re correct. Some affiliates offer banner ads that you can put on your website, and you need to keep them up to date.

 

Blogging

Blogging is great if you have a passion for something and enjoy writing regularly. You could set up a blog for your gardening or cooking or your dog. We’ve all seen the sites. They get their income from ads placed on the site.

Often, the blogger will also embed affiliate links in their posts to pick up multiple streams of income.

Some bloggers will also put together books from their blog posts (i.e. Nom Nom Paleo, Julie and Julia) and earn income through that.

The biggest hurdle is to continue blogging even if you don’t think anyone is reading. And, of course, finding smart ways to get people to go to your website regularly.

 

Dropship/Fulfillment by Amazon

Dropshipping is where you talk to manufacturers and get authorized by them to sell their products. You can set up an online store, and when someone purchases the item, you then purchase it from the manufacturer at a wholesale price and have it dropshipped directly to the purchaser. You never have to receive the product and reship it. Your profit is your selling cost less wholesale and advertising costs.

Fulfillment by Amazon is where you purchase items in bulk and then have them shipped to an Amazon distribution center. You then list the items for sale in your Amazon store. If someone purchases, Amazon will package it up and ship it to the buyer. Amazon will also help you market the item. If someone looks at the item and then leaves, Amazon will show them ads of that product for a few days afterwards. That’s called retargeting.

The hurdle is in keeping your store updated with new products and ensuring you always have stock available. You will have to do some customer service. Some of these business models require more time up front to get started. Others require a smaller but more consistent time commitment. All can be done part or full time.

Setting Up Your Facebook Fan Page

A Facebook fan page is a web page you create on the Facebook platform. You could create a group which tends to encourage more interaction. However, it’s best to start with a fan page to build up your brand.

And yes, it is possible to create multiple Facebook pages if you’re trying to reach different types of people.

You will need to think about your short name. You used to need 25 likes before you could set the name in the URL for the page. For example, my business Lodestone Consulting Services is facebook.com/LodestoneCS  You will want to think about what makes sense for your business based upon your keywords.

Quick Checklist

  • Create a Personal Facebook account (just in case you don’t have one)
  • Carefully read the Facebook Pages Terms
  • Start creating your Facebook Page Account. There’s a down facing arrow on the top right of the page. When you click on that, you can create and manage pages, groups and ads.

Create Facebook Page

  • Search for a keyword and use it as the Page Name
  • Create the about section engaging the visitor (150 characters) (Remember to include the same keyword in the about section)
  • Create the Profile Picture using a logo, product or your photo. You can also outsource this to Fiverr for $5. Incorporate the same keyword as the Facebook Web Address
  • Create the Cover Image showing what is your page is all about visually
  • Create your first post welcoming everyone. You can make this a “sticky” post so it will always appear at the top.
  • Get a lot of likes using Facebook Ads. This doesn’t have to be expensive.
  • Know your audience interaction by creating a posting plan
  • Create an excellent and highly interactive posting plan. Then follow through.
  • Check the comments from your audience and share your opinion
  • Answer all of the questions they ask, don’t leave them alone

Post your Facebook page in the comments so I can like it!

10 Quick Ideas for Your Online Business

7K0A9921Start an Online Business Quickly

If you’re thinking of starting a part time online business to build up some funds, here’s ten quick ideas to get you started.

Everyone wants to have more income. Maybe you’re saving up for a down payment on a house, or your kid is going to start college soon. Maybe you want to start college and know that money is coming in.

First off, there are two ways of having an online business. The first is active where you trade your time for money. The second is passive where money is coming in no matter what you do.

I’ll list five of each for this post. Be on the lookout for more ideas. And feel free to look into combining ideas.

Five Active Online Business Ideas

  1. Create a company that sells things for other people on eBay or Craigslist. Send out flyers or post on neighborhood websites like NextDoor offering to sell items for people in exchange for a percentage. Make sure that you include your cost for packing and shipping the item, as you don’t want to spend time on the auction or meeting with people only to find out that you’ve spent your profit.
  2. Sign up to tutor people in an area where you’ve got knowledge.
  3. Create crafts to sell on Etsy, ArtFire or eBay.
  4. Social media manager. You would be responsible for monitoring and managing your clients’ identity on all places social media like Pinterest, Twitter, Tumblr, Facebook, and Instagram.
  5. Resume and cover letter consultant. People sometimes don’t put their best foot forward because they’re too close to be objective. Also, people get really embarrassed when they feel like they’re bragging about their accomplishments. That’s where you come in. You could also charge extra to update their LinkedIn profile.

Five Passive Online Business Ideas

  1. Do you like certain products and telling people about them? You could set up a review site and make money through what’s called “affiliate links.” If someone clicks and buys, you get a percentage of the sale.
  2. Think you’re the next J.K. Rowling if you could just find the time to write? Well, you don’t have to be the next literary giant to make quite a bit of money with ebooks. Learn how to plot out a good story, write it, and put it out there. Then keep publishing more.
  3. Want to create a blog about something you enjoy? You can monetize it with Google Adsense. If people click on an ad, you make money. This isn’t a huge income stream usually, but it is a possibility. And works decently when you set up affiliate links.
  4. If you enjoy training, create videos and workbooks. Then you can set up a membership site where people pay a monthly fee to access your training and forums where they can talk to one another about it.
  5. Set up a trading site. If you have knowledge of a niche item, set up a website educating people on it, and provide a service where people can buy and sell from one another, and you take a percentage or a flat fee.

It’s definitely easier to set up an inexpensive and profitable online business.

And here’s me telling you about five of them in a post I was challenged to do for the Quick Start Challenge. Enjoy and leave some comments.

Welcome to the Reboot

Hi, out there.

I’ve owned this domain for quite some time, and intended to share with you ideas on how to set up an online business.

Life happens. I hope to share with you how to better manage your life. Time management is an impossibility. You have to learn how to manage your self first.

I joined The Quick Start Challenge hosted by three really smart guys. My goal is to jump start this blog and get you the information you need quickly so that we all are making $25,000 by the end of the year. We can do amazing things in six months. Ok, Ok, if there were a lawyer around, they’d make me say that I can’t promise any return.

It’s up to you. And I’m here to do it with you. Let’s lock arms and take that first step together, shall we?

Beneficial Small Business Ideas

Brilliant Business Ideas for Entrepreneurs

Starting a Business takes a lot of thinking and planning. Finding an excellent business idea can be a daunting task – what with the different options of business ideas you can choose from. In this article, we will explore the process of finding the right business idea to start on as well as offer some of the hottest and most popular business ideas. A successful business does take a great idea to begin with. However, this is not necessarily the case all the time. An original business idea can either go up or down. Since it is unproven and untested yet, such an idea doesn’t usually come with an established market.

Starting a Business

The first step to starting your own business is to find a brilliant business idea that will make money. To find that excellent business idea, you should think creatively, even out of the box, so to speak. You can start by asking yourself what interests you. You must be enthusiastic and passionate about your business idea. That’s why as much as possible, your business endeavor must really be in your field of interest. You can find business ideas from your friends and family members. You can also do some research in the internet to find the hottest business ideas today. Another great way to think up a new business idea is to observe the latest trends.

Which business idea should you pursue?

There are virtually no limits as to the choices of business ideas for entrepreneurs. There are literally thousands of options. From pizza parlors to freelance writing, from services to products, you can definitely find a business idea perfect for an entrepreneur like you. However, which among these thousands of options are you going to stick with? As mentioned above, you should be enthusiastic and passionate about. There is an adage in entrepreneurship that goes like this: “Do what you love the money will follow.” However, this formula does not guarantee instant success. Many entrepreneurs have pursued business ideas that are in line with their interests with varying degrees of success and failure.

Some Inexpensive Business Ideas for a new Entrepreneur

Let’s assume that you are just about to start your own business – a new entrepreneur so to speak. Whether you are a homemaker looking for ways to earn extra income or an unemployed trying to start a business from scratch, there are several opportunities and ideas you can tap to start a business without spending too much capital. The following business ideas will not guarantee instant riches within months but they have the possibility to grow into full-time businesses in due time.

Be a web entrepreneur – the internet offers vast potentials for earning money. From freelance work to AdSense, there is simply an abundance of business ideas you can choose from. You can start by setting up your own website, no need to have technical know-how about web design, just make sure that the site looks good and it provides excellent content. Then, sign up for an affiliate program – this is where you will earn. Then, learn as much as you can about search engine marketing and promote your website. Regularly update your site with new content and just wait for the revenues to come in. It may not be much at first but over time, affiliate programs can help you earn a decent income – and you didn’t spend too much except your time and your knowledge.

Be an eBay Businessman – This is the online version of the garage sale, if you have some things you don’t really need, you can actually earn some money by putting those up for auction at eBay. Just make sure you stick to products that you know about. You can also start making your own products such as candles, art jewelry, and many more. You can sell these on eBay or any other internet mall site.

Try Multi-Level Marketing – Do you have the ability to persuade people to avail of products and services you offer? Do you have a wide network of friends and contacts? Do you have enough time on your hands to move around talking to people? Then you probably have a future in the world of Multi-level Marketing or MLM. This is one of the fastest growing businesses today and you can have it based right in the comfort of your own home.

These are just a few of the huge array of business opportunities you can choose from. Widen your horizons and look for more possible businesses ideas. Dig up magazines, journals, and other publications that might provide additional business ideas for entrepreneurs. Do your research on what the latest trends are. Who knows, you may find the right business idea for a new entrepreneur and strike gold.