January 19, 2007

10 Steps to Starting an Online Business

The hardest part about starting an online business is knowing where to start.  Most folks I know of can give me at least 10 reasons why they cannot start their own online business in about 30 seconds flat.  Usually that where they start and they stop.  As most of you already know, it is not even remotely possible to start anything without putting the first foot forward.  Do not let anyone tell you cannot get started or that you are not smart enough or that you don't have the skills to do it.  It is possible, you can do it and it will be successful.  Let me give you my 10 steps for starting an online business and then I can start explaing the how's and how to's.

  1. Find a Product
  2. Get a Domain Name
  3. Get a Business Federal Tax ID
  4. Get a Store Platform with Shopping Cart
  5. Find Suppliers
  6. Find a Website Designer or do it yourself
  7. Build your Product Database or do it yourself
  8. Get an Email Campaigner
  9. Create an Adwords Campaign
  10. Collect your Profits!

As you can see, that is not that hard to do and it will not cost that much to get it all going.  I don't know anywhere in the world where you can start a legitimate business for less than four thousand dollars; Do you?  Seriously, you can start a full fledged online business for less than the cost of a riding lawn mower.  Are you going to let a riding lawn mower come between you and a lifetime of security?  Even the worst online business can do 1-2k per month in profits.

Worst case scenario is I will show you how you can unload your new business for twice as much as what you put into it.  Sound like a good deal?  I am telling you, you cannot go wrong.  Just keep reading and put your hands on my hip pocket and don't let go and I will lead you to the promised land.

Lets really start digging in now because I am not going to lay out those 10 steps above for you in great detail.

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