How To Get Paid For My Ideas

What Do You REALLY Need to Build a Successful Online Business? 

Building an Online business can seem like a convoluted and arduous procedure.  There are somany moving parts and you will need to get them all in working and functioning smoothly to begin generating profits. 

While there Is some truth to the scenario mentioned previously, the truth is that to build a successful online business requires only 5 components.  

The ‘make Money online’ scene is replete with classes and apps and’techspeak’ which only confuses and discombobulates most newcomers.  This’noise’ drowns out the basic concepts of online marketing. 

In truth, The 5 components below are all you really need. 

     

  1. An informative and engaging blog

Having a website is Essential.  It doesn’t matter whether you’re doing Kindle Publishing or affiliate marketing using social media websites, you absolutely MUST have a blog/website. 

This will enable you to build your list and a connection with your

audience.  The problem with relying on social networking accounts like Facebook or YouTube is that you’ll be subject to their rules and they can throw you out at any moment without warning. 

Thousands of people have lost their accounts and noticed their businesses|companies} dry Up overnight because they put all their eggs in one basket… and it was someone else’s basket. 

Build your own site that you can call your own.  This is vital.

     

  1. Products you can sell or promote

To make money on the internet, you have to sell something.  If you’re an affiliate Marketer, you’ll be promoting other people’s products — and once again, something needs to be sold for you to make a commission. 

No matter how you look at it, you’re selling.  As obvious as this may

Noise, so many beginner marketers never appear to wrap their head around.  They are so busy purchasing products and consuming information that they don’t realize they are NOT selling anything. 

You’ll not make a cent unless you sell.

     

  1. Traffic

Traffic is the lifeblood of any online business.  Contrary to popular

Belief, a beautiful website and decent content alone are no guarantees.  You’ll need to actively generate traffic to your website. 

You can either use paid visitors (quicker but more difficult/expensive to

Master) or free traffic which essentially is either search engine optimization or

siphoning off traffic from more popular sites. 

You may do a mixture of both or concentrate on just one method.  Either way, you MUST make traffic generation a daily endeavor.  Do something each and every day thatwill contribute to creating traffic to your web properties. 

     

  1. A funding

People often scoff at quotes such as”It takes money to make money”… and

They use quotes such as”You don’t lack resources.  You lack resourcefulness.” 

These self-help quotes aside, the truth of the matter is that you

Can’t multiply by zero.  You’ll need money to buy a domainname, cover hosting and an autoresponder.  If you’re doing paid advertising, you will need funds for that also. 

While the amount of money needed to build an online business is a

Fraction of what you would need to build a brick-and-mortar company, the truth is that it helps to have a few hundred dollars on your budget when you are starting out. 

Therefore, if you have a day job, do save until you have some funds for your

business.  Do NOT be too quick to quit your day job.  Work at your job while

working on your business. 

When You earn enough online to rival your monthly salary at your day Job, you can decide if you would like to stop and go full-time. 

     

  1. A responsive email list

The last and most important component is your list.  There is no denying The efficiency of a responsive list.  A list of buyers (people who have purchasedfrom you before) is invaluable. 

Subscribe to a reliable autoresponder service such as Aweber,

GetResponse, ConvertKit, etc. and build your list. 

These are the 5 basic factors that will decide if your online

Company takes off or fails.  Do give them the attention they need and your Business will soar in record time.

How To Get Paid For My Ideas

        3 Common Difficulties Most Newbie Marketers

Trying to build

An internet business will require you to master new skills and get several moving

parts in alignment for your company to function like a well-oiled machine. 

It can be

Intimidating when you discover how little you know.  Every time you learn

something new, there will be something else that you need to figure out. 

It will

Almost seem like a never-ending procedure… but rest assured, that with time you’ll

master the fundamentals and get your ducks in a row.  Below you’ll find 3 common

issues that most beginner marketers face. 

When You’re

Aware of what these are, you will know what to do. 

1.   Selecting a business model

This is by far the most important decision you’ll need to make.  There is

A myriad of methods when it comes to making money online.  There is freelancing,

arbitrage, product creation, ecommerce, Kindle publishing, domaining and much

more. 

The key to success faster than most of the other people on the internet will

Be to focus on a single business model.  Ideally, you should select one that you may

be innately suited to. 

For Instance, if you prefer working for others, freelancing is appropriate

for you.  There are many freelancers such as writers, copywriters, graphic

designers, software designers who make 5 to 6 figure sums working as

freelancers.  If you’re good, you will be sought after. 

If you prefer to build your own business where you are your own boss, you will

Need to look at the skills you have or your natural abilities.  If you write well,

Kindle publishing may be calling your name. 

If you enjoy teaching others, you can create courses and launch your own

products.  So, ask yourself what you truly enjoy doing and what you’re good at.

 This is the key to unlocking your success online.  Do what you are naturally

good at. 

2.   Mastering the ‘tech stuff’

Thousands of newbies quit on their internet marketing dreams just because

the tech stuff overwhelms them.  The truth is that most of the technical details

are easy, once you know how. 

And if you really do not want to do it, you can always hire a freelancer

to do it for you.  Never quit on your internet business simply because you can not sort a tech issue out.  Rest assured, there are tens of thousands of qualified and

reliable freelancers who can assist you. 

Typically, you can learn just about anything from setting up a blog

To automating delivery of a product and more, just by doing a few Google

searches or look on YouTube for tutorials. 

These 2 free resources are lifesavers.  Technical issues can seem

Intimidating, but don’t let them scare you off your online marketing path.

 There’s absolutely not any rush.  Take your time and fix them, or pay someone to do it for

you. 

3.   Learning How to drive traffic

Traffic generation is one of those abilities You Have to possess if you

Wish to succeed online.  While you could hire agencies to do it for you, if you’re

a beginner, it will be costly. 

It’s far better to learn it yourself so that you do not have to rely on others.

The key to succeeding with traffic generation is to focus on a couple of methods.  Not more. 

For example, you may choose to focus on Pinterest advertising and Facebook

ads.  As soon as you decide on the traffic generation method/s, stick to the chosen

ones before you see results. 

It may take time for you to get the hang of things, but once you master

The fundamentals, you will see trickles of traffic … and it’ll snowball into

massive amounts of visitors. 

The 3 difficulties mentioned above are nothing to be worried about.  Adopt

A proactive strategy and take consistent focused action daily and online success

Will inevitably be yours.