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

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

While there Is some truth to the situation mentioned above, the truth is that to create a successful online business requires only 5 components.  

The ‘make Money online’ scene is replete with classes and programs and’techspeak’ which only confuses and discombobulates most beginners.  This’sound’ drowns out the fundamental 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 a MUST.  It doesn’t matter whether you are doing Kindle Publishing or affiliate advertising 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 media accounts such as 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 immediately because they put all their eggs in one basket… and it was someone else’s basket. 

Build your own site which you could call your own.  This is vital.

 

1. Products you can sell or market

To make money on the internet, you have to sell something.  If you’re an affiliate Marketer, you will be promoting other people’s goods — 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

Sound, so many novice marketers never seem to wrap their head around.  They are so busy purchasing products and consuming information that they fail to realize they’re NOT selling anything. 

You will not make a cent unless you sell.

 

1. Traffic

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

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

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 mix of both or focus on just one method.  Either way, you MUST make traffic creation a daily task.  Do something every single day thatwill contribute to generating traffic to your web properties. 

 

1. A funding

People often scoff at estimates 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

Cannot multiply by zero.  You will need money to buy a domain, pay for hosting and an autoresponder.  If you’re doing paid advertising, you will need funds for that too. 

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

Fraction of what you’d need to construct a brick-and-mortar company, the truth is that it helps to have a few hundred dollars in your budget when you’re starting out. 

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

business.  Do NOT be too quick to quit your day job.  Work at your job when working on your business. 

When You earn enough online to equal your monthly salary at your day Job, you can decide if you wish 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 bought from 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

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

        3 Common Difficulties Most Newbie Marketers

Trying to build

An online business will ask 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 really know.  Every time you learn

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

It will

Almost appear to be a never-ending procedure… but rest assured, that with time you’ll

master the basics and get your ducks in a row.  Below you will find 3 common

difficulties that most beginner marketers face. 

When You’re

Aware of what these are, you’ll know what to do. 

1.   Choosing a business model

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

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

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

more. 

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

Be to focus on one business model.  Ideally, you should pick one which you may

be innately suited for. 

For example, if you prefer working for others, freelancing is suitable

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’ll

Need to look at the skills you’ve got or your natural talents.  If you write well,

Kindle publishing might 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’re naturally

good at. 

2.   Mastering the ‘tech stuff’

Countless newbies quit on their online marketing dreams just because

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

are easy, when 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 just because you can not form a tech issue out.  Rest assured, there are thousands of qualified and

dependable freelancers who can assist you. 

In most cases, you can learn just about anything from setting up a blog

To automating delivery of a product and more, by simply 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 is no rush.  Take your time and resolve them, or pay someone to do it for

you. 

3.   Learning 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 secret to succeeding with traffic generation will be to focus on one or two

methods.  Not more. 

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

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

enormous amounts of visitors. 

The 3 difficulties mentioned previously are nothing to be concerned about.  Adopt

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

Will necessarily be yours.