Online Business Ideas

Online business ideas really are a dime a dozen. If there is any place that an idea may work quickly with an unbelievable ROI, it would be the Internet. The hardest part is taking action on what you do and making sure that you put in consistent effort. As a wise man once said, "most people over-estimate what they can do in one year and they greatly under-estimate what they can do in five." People just don't seem to understand that you have to treat Internet Marketing like a business if you want to earn a full-time income in part-time hours. It takes hard work, smart work and action. Here are three things you should be doing to make this all come together.

1. Pipelines, Not Buckets

Instead of doing work that gives you one-off sales or commissions, it's infinitely better to sell something to someone over and over again. You've already built that trust with them with the initial transaction, by not capitalizing on the opportunity you've created for yourself, you're simply leaving money on the table.

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All of your customers should ideally be paying you every month. Even if it's a small amount, as long as it's consistent, that's recurring income that has come from selling to them once and only once. This way, you can reinvest what's coming in on its own (passive income) to building a real business.

2. Lots Of Small Or Few Big

Too often I catch myself in the mentality where I have to make a certain amount of sales to hit my desired monthly income. For example, I might want to make $1000 a week. With a $20 commission, this means that I have to sell 50 units. Doable, but why would I want to do that if I could simply sell 5 units and get a $200 commission?

It's easier said than done, isn't it? Of course it is. That's why no one's doing it. If you're anything of a decent marketer, you will understand the people who are buying these high-ticket items and really get inside their heads. Once you do understand them and what motivates them to buy, it's not likely to change. Or if it does change, it's not going to deviate very far from their core reasons.

3. Leverage

Never start from scratch. There are people who have done everything for you and would gladly offer it to you. That's right, there are people out there who have had their own online business ideas and have actually done all the hard work, taken action and have built up their businesses from scratch.

They may be looking for someone reliable to offload it to or they may be looking for someone who can help them build it up even further. An example is someone who runs an enewsletter. They may gladly put a link back to your site if it means that you'll give their readers thought-provoking content.

Online business ideas are a dime a dozen. I know I said that at the start, but it really is true and takes some drilling into for some people. Take action, learn from your mistakes and you will be able to build up a full-time income in part-time hours.