Write all your ideas down on a piece of paper. Ask yourself, “What do I have that people are looking for on the Internet?” Take your time. This is not supposed to be an overnight activity. So, don’t be surprised if you take days. Taking your time and doing a thorough market research on the Internet beats jumping onto an opportunity at first sight.
What if you don’t have any products to sell?
I would like to take this chance to get a HUGE MYTH out of the way. If you think you NEED to have a product to sell to make money – then you’re dead wrong, really.
You’ll be glad that you’re wrong after I tell you this. You still CAN make money without having to create your own product. And there are several instances you DON’T NEED to HAVE a product to sell at all in order to make money!
How?
Quite simply, you can either be a referral to earn a commission or sell advertising spaces on your website or newsletter. That, my friend, is just a speck of a dust. There are still many other ways you can make money on the Internet WITHOUT having to have your own product to sell.
Furthermore, you can either:
* Buy Resell Rights to someone else’s product and start selling it on the internet. All you would need to do is buy resell rights to an info product, upload it to the internet and drive traffic to it via Google Adwords…and there’s your 1 hour online business. You could also…
* Sign up as an affiliate and promote someone else’s product (this is even easier than the first business). All you’d need to do is sign up to an affiliate program and drive traffic to your affiliate link…Again, you can use Google Adwords to drive traffic to the link.
This is good news to those who are already sweating over the thought that of needing to create or have their own product to sell to make money! However, the 10 Step approach to setting up your own Internet Business presented in this chapter gears more towards “selling products or services” Internet Business Models.
Picking an online business model
Already decided what you have in store for your customers? Good!
The next thing to do on the list is to choose the right Internet Business Model. Now this is crucial to your Internet Business success. The Internet Business Model has to be right for the type of product or service you’re offering to your customers. When choosing the right Internet Business Model, you will want to take the following factors into consideration:
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