Thursday, October 29, 2009

Taking "The Leap Of Faith" When Starting A Online Business


I am not one to wait for "the perfect time" or "the opportunity to arrive". That is why I have lost my shirt in more than a few ventures. But it is also why I have had some great success in others. I think when it come to bettering yourself, you have to grab the moment. Instead of waiting until the car is paid off or the kids to graduate, you should go after what you want, now. You must take the leap of faith, because time is "money" you are losing, especially within this economy.
If you monitor yourself on how much wasteful spending you do, most of the time you will find that you have more than enough to start a internet business.
For example:
Say you spending about $45 a week eating out with your family.
That is $180 a month!
You could invested this amount into a business that could pay you $1000 or more per month.
That is $820 profit!
There are a lot of internet business affiliates that will let you in for FREE, than after their trial period, you would pay a small monthly fee to continue with their program.
All you have to do is save enough to cover your monthly fee and some for advertising.
The reason most people who jump into online businesses are not successful, is because their priorities are not in order. It take "disciple" in budgeting your money if you want to be successful.
Now here is a scenario for using the same $180 for a business.
Find a business affiliate with a good reputation and a good product. With a modest monthly fee around $50. Make sure they have marketing materials like banners, email samples or splash pages, so you can start selling immediately. Now after you have studied the material and know what your selling. Find your affiliate link to promote the product (usually found in your new back office area).
Next is advertising. And out of the $180 you will have $130 to invest.
I would suggest to anyone starting out to advertise through Google Adwords (Pay-Per-Click). And why... Because it would give you the most targeted traffic to your products. Plus most visitors that click on your ad are ready to buy. But be careful because its the most expensive (I have seen it as high as $1.50 per click and up).
The main part of Adwords advertising is your "keywords". If your product is "wellness" related, you want to find "keywords" in that category. But remember again, it can get a bit pricey if you are going for a single keyword like "energy". Words like that will cost you BIG. And some are owned by advertisers. It would be best to try using 2 or more words to create "keyword phrases" (more about this in upcoming blogs) in your campaigns.
So first, go to Google Search in type in "Adwords" or "Google PPC Advertising" and read up on it. Once you get a good idea of how to advertise there, I would suggest you start off with a small campaign budget, around $5 per day. This would be enough to see how well your "keyword phrase" is doing by bringing traffic to your site. And you should be on your way to a successful business.
Now see what is possible with a little budgeting. It is all in how you spend your money. So the next time a great opportunity comes your way, do not push it away. Just pull out your notepad and your bank book and start writing down all your purchases from the last 2 weeks and I can almost guarantee you will find enough money to start your new Internet venture. Now take the leap... you might not regret it.
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2 comments:

Anonymous said...

One of the most popular methods of make money online is the selling of products and services. Selling a product needs a lot of knowledge and expertise, since the search engine marketing and search engine optimization are very significant for increasing traffic to your website. You should also have knowledge about how to create a website. After building your website, make sure that the created website is not wasted by taking online business carelessly.

Anonymous said...

Hi,

One definite advantage of having your online business is you do not have to pay employees. You just have to pay the people you hire to help you with running your online business. This is a major benefit since you do not have to pay for employee benefits and insurance which will save you a ton of money.