When it comes to starting a business, first thing that comes from your mind is the amount of money that you can actually invest in your new business venture - whether it is an online or off-line business. The practical startup cost of a brick-and-mortar business is about $45,000 or more. However, one good thing about starting up an online business - you don't really bear such high startup cost to start a business. Basically you can start making money when you have very little cash to spend with.
If you want to make money online and join the Internet Marketing Rich Club, join the subscription before it's too late - http://InternetMarketingRich.com/
2. When it comes to starting a
business…
…first thing that comes from your mind
is the amount of money that you can
actually invest in your new business
venture - whether it is an online or off-
line business.
The practical startup cost of a brick-
and-mortar business is about $45,000
or more.
However, one good thing about starting
up an online business - you don't really
bear such high startup cost to start a
business.
Basically you can start making money
when you have very little cash to spend
with.
3. I presume that you have
very little cash on hand
or none…
…all you need to have is a personal computer
or a laptop and an internet access
You can also use free Wi-Fi access from cafe
and restaurants.
5. 1. Choose the right niche
Start with something that you really like or
familiar with - for instance, your hobby,
technical skills, or your favorite topic of
interest.
Consider each and every topic that might
interest you and write them in a piece of
paper.
Try to be more specific on your topic of
interest as you will address them as your
targeted "niche".
Many first-timers eventually gave up when
they kept pretending as an "expert" of a
niche, which made them fail to meet many
people's expectations on that particular
niche.
6. 2. Build a K.I.S.S. site
Then, do a simple online search on the
chosen "niche" and get some ideas from
others on how they build their website in
terms of site design and layout.
First, you need to purchase a domain from
either Godaddy.com or Namecheap.com,
and secondly, host your site with free web
hosting service - i.e. Blogger.com and
Wordpress.com.
Don't let your site inundated with too
much graphics and animations as it can
affect the readability of your site.
Posting text-content in your site is enough
to gain interaction with your site visitors -
thus, always remember this acronym -
"Keep It Simple, Stupid!"
7. 3. Create valuable niche content on
your website
You must start creating content
on your website
Preferably, content that can
solve one's problem regarding
your chosen niche
Not solely on promoting
yourself, your expertise or your
product.
When readers gain benefit from
the content from your site, and
your site will gain reputation
and more traffic will be directed
to your site over time
Only if you keep creating
valuable content over period of
time.
8. 4. Monetized your site wisely
You need to choose proper
monetization methods so that you
can earn substantial amount of
money from your laborious efforts.
The most common way to monetize
your site is via affiliate marketing
Which you need to become an
affiliate of a network of several
different companies and earn
commissions from the products that
you promote and purchased by your
site visitors.
You can consider popular affiliate
networks - Shareresults.com, CJ.com
and Shareasale.com.
9. It would only cost you less than $20 per year
by following the above-mentioned steps
…and you can possibly make more money
online by putting more effort on it.
10. Internet Marketing Rich is the
resource site…
…who's only goal is to teach you every single
thing you must know to build your own 5 to 7
figure online business
If you want to make money online and join
the Internet Marketing Rich Club, join the
subscription before it's too late -
http://InternetMarketingRich.com/
