7 Steps to Starting a Successful Online Business From Scratch

IntroductionProviding instant value to very many people online has never been easier than it is today. This has also been compounded by social media platforms which have literally introduced us to new kingdoms almost overnight. The result, many millionaires being made every day. You have probably heard of the terms ‘new money’, ‘new rich’, ‘digital economy’ etc. As an example, when I really started understanding the power of Instagram, I was blown away. In 5 minutes, just by putting up 1 engaging post with entrepreneurial speak and targeted hashtags, I was able to converse instantly with other entrepreneurs in 3 different continents!But how do you and I become self-sufficient in starting a profitable online business in the first place?We must first understand the requirements and then get the right education. Self-sufficient to me means my skills for being profitable online are future-proof. Think about all-weather paint… or an all-weather road. Plan to play a big game. It is also necessary to think expansively as Robert Kiyosaki puts it.That said, here are 7 steps that I discovered to ensure sustainable business success online. Excited?! OK. Let us get into it.7 Steps To Starting A Profitable Online Business1. Passion & ClarityWe must be driven by passion. We need to know WHY we want to start the online business in the first place. As for me, I am extremely passionate about freedom and choice. I really needed a way to make money without having to report to a job that required me to work inside a brain numbing routine. I was in between boarding schools for 10 years when I was growing up and that was enough for me to find out I didn’t do routines very well. Then I started my work life and realised how much control I DID NOT have about what I wanted to DO. Become very clear about what is driving you towards starting a business online.2. GoalsThe online space can compare to a noisy street marketplace; lots of people, all wanting to be seen and heard.Define your goals clearly i.e. passive income, time freedom, geographical freedom or even one of my personal favourites, financial freedom. Then go in and start creating a business with those clear goals in mind.3. Re – Think What You Know About Being OnlineBeing profitable online can create a lot of freedom but it’s not an instant success. There’s a lot of learning and re-skilling that needs to happen. For me, this was a lot more like learning a new ‘language’. I knew the Internet very casually. It was a place to spend my free time browsing music videos, posting random Facebook posts and watching news that I did not need to know about. I had to change my beliefs and the mindset that was driving whatever I thought I knew about being online. Every time I saw an ad I thought it was a scam. Sure enough, there are a lot of scams out there but we live in a society where ‘good’ and ‘bad’ must exist in the same space. The mindset that is driving you to the online space must be one that sees the vast opportunity that exists on that platform. A chance for you to create a life that up to this point was only a dream.4. Focus On Providing ValuePeople buy from people they think they know, like and trust. As much as it is tempting to think that people are online waiting to be told what they need or don’t need, most people are online looking to solve real problems, and sometimes very painful ones.If you can understand this fact, then your focus must be genuine interest in wanting to help people, a lot of people. This focus becomes your guide for providing high-quality solutions that will fix their problems and reduce or eliminate their ‘pain’.5. Master The Art Of Marketing With All Your HeartFind a way to reach as many people as you can who have big problems that need to be fixed with your proven high-quality product or service on the Internet. With so many options available today, creativity is key. Pick 2 marketing strategies, for example, Facebook and email marketing that you have the patience to run with for the long haul. Don’t stop until you have mastered these 2 strategies.Think about Amazon today. They started with selling books. In fact, selling books is formally their core business! Think about that for a minute. That said, today Amazon sells everything under the sun. Why? Because today they are in the business of fixing peoples’ everyday problems using the Internet.6. Power Of BeliefHave the belief that it’s possible for you. Before I started online, all I had ever sold was personal electronics I wanted to dispose of using the ebays and gumtrees. However, I had heard about people making millions of dollars online… But then came the day I was contemplating my first online business. I had to face my own self-doubt. I needed to answer the following question very honestly:Eddie, “DO YOU ACTUALLY BELIEVE YOU CAN MAKE MONEY ONLINE?”If you are reading this today, this will be without a doubt the most important question you will ever ask yourself as an online entrepreneur.It is impossible to achieve before we believe. When the hard times visit, this is the only one thing that will push this ‘unwanted’ guest out the front door! I had to believe I could make it online and that it would change how I lived, worked and played period.7. Mentorship and Master Mind GroupsYou have heard the saying, “we become what we think about all day”. Thoughts make us act in a certain way, which then brings a certain type of results in our lives. To be successful we must think in a certain way and act in a certain way so that we can get the results we want. With that in mind, we must spend a lot of time with people who want the same results and those who have already created these results.The people who have already created the results then become your mentors. If I was going to create a lifestyle of freedom and choice using an online business, I needed to spend time with people who had already created one. I also needed to have mentors as part of this process. So that is exactly what I did. It really is that simple.Final ThoughtIn the end, all we really want is a better more fulfilling life experience, right? Money is good, very good indeed because it creates choice. Oh, how beautiful that word is! choice. With Money being a non-issue, we can freely choose any experience we want and go for it. When money is not an issue, I can choose to have a bucket of chicken at a local KFC (my personal favourite delicacy) or have a plate of honey glazed chicken dinner served at The Hilton, where service is absolutely top notch. In both cases, I get to have my favourite food, chicken but the experience is Worlds apart right?So go ahead & take action every day and make the decision to keep going until you get there. It is impossible to fail if giving up is not on your cards.

A Guide to Determine If Starting An Online Business Is The Right Choice For You

I have always lived by, “You Can Not Succeed If You Don’t Try”, and of course my favorite is, “A Winner Never Quits & A Quitter Never Wins”. You also need to keep in mind that, “Success Does Not Happen Overnight”.With these thoughts in mind, are you ready to review some of the ways that you can reduce these concerns or risks? Here we go, let’s take a look at some of them now.Is Starting An Online Business The Right Choice For You?Success does not happen overnight: As mentioned above, you need to keep in mind that “Success Does Not Happen Overnight”. When starting an online business, it is the same as starting any other business, it will take time to grow and if you can keep that in mind, remain confident, do not let yourself get down if you are not seeing success immediately than that will be a good start. Some people may succeed in their business quicker than others, so do not compare their time frame to yours or it may result in a feeling of failure to you. During the start of the business, you need to work hard and do not lose the initial drive that you had from the start.Be Sure That You Are Choosing A Business That Is Of Interest To You: It may be difficult for you to keep yourself motivated if you have chosen a business that is not of interest to you. Therefore, you must keep in mind choosing a business that you have and will keep interest in. However, it may hold true that there are people who have launched an online business and achieved great success, even though it held no significant interest to them at all.Give It Your All: When considering an online business you need to be ready to give it your all and treat this business as if it were any other job that you are working in. You should be taking it seriously if you are truly wanting to achieve success. Those who fail or give up in the early stages of their business may have resulted from them not willing to give it 100% effort, or they were not taking it seriously. So keep in mind if you are considering starting your own online business, it will be a lot of work, you will need to take it seriously, be prepared to put 100% effort into it, and be patient as you may not achieve success over night.Don’t Quit Your Current Job Immediately: When you decide it is time to start your online business it is a wise choice to keep your current job until you feel financially stable or secure with the business. This will decrease the stress or pressure that we discussed in “Consider Reducing Your Personal Debt”. There will be enough pressure with all that is involved in starting your own business, there is no need to add to this further. It will also allow you a feeling of patience, knowing that you are not counting on making money from the business immediately. If your business takes off immediately and you are having great success and you feel comfortable in giving up your job, then it may be time to do so. You will be the one to determine when you are ready and feel financially stable with the business.Consider Reducing Your Personal Debt: You may need to consider reducing your personal debts before starting up your online business. This may be beneficial to you in that you will not have an increased amount of stress, or worries, in knowing that you have bills to pay, or that you are counting on immediate success of the business to pay these bills. This will also be beneficial to you when you decide to quit your current job knowing that you have fewer expenses. You also need to start up your online business with expenses that are as low as possible. Starting your business from home will allow you to not have the expense of renting a premises for you to be operating your business from. With an online business all you should need to start up would be a computer and internet access. Other office equipment can be purchased as needed or as your business begins to grow.I hope this information has been helpful to you, if you are considering starting up your own online business from home, or the place of your choice. Do not be discouraged by some of the information, it is nice to know some of the factors that may be a concern to you prior to doing so. There are many benefits to operating your own business, I wish you success, feel free to contact me at any time: [email protected] more Article’s, to View Video’s, or to Purchase Great Products To Get Your Business Up and Running, please visit my site at the link below. Once again, Good Luck to You, I wish you Success!