What is online business?
Online business is one of the best ways (if not the best) to become your own boss with minimum investment. On top of that it is proven to be the fastest to make a profit. Statistically in one year you could be making money compared to three years for a physical business. Some people even start earning in as little as a few months if they happen to know what they are doing.
However, just like with any other business it takes hard work and dedication to see the results. What is even more important is to know what to do and have someone by your side when you need help.
Why should you start an online business?
The way I see it online business is one of the smartest ways to make money for a number of reasons:
- You get to pick your area of interest and turn it into a business;
- You choose your working hours;
- You don’t have a boss or anyone telling you what to do;
- You can work from home or any other location that suits you;
- You earn a passive income so money keep coming in even when you are not working;
- You can express your creativity in any way that you choose;
- You pick which tasks to do yourself and which ones to delegate to others.
These are some of the reasons why I chose online business and I’m sure I will never regret it. The level of satisfaction and freedom that you get out of it is unmatched. Knowing that the work you are doing today will be rewarding you for a long time you can truly give it your best effort. Getting a positive feedback and seeing that you are actually helping people with what you are doing is one of the greatest rewards that you can get. Helping others is one of the greatest feelings in the world and you can be sure it will bounce back at you eventually.
Who is it for?
A common question that people ask themselves about online business is: “Is it right for me?” I know because I was asking myself that same question before I started. To get the answer the best thing to do is to figure out what is required to be successful in the online world.
- Technical skills for website design, development, SEO, etc.
- Writing skills for creating content within your website.
To tell you the truth I had no idea how to build a website or what SEO /search engine optimization/ meant. Fortunately, I didn’t need to learn all that as there are incredible tools out there that anyone can use to create a website and make it rank on the first page of any search engine. All you have to do is know where to look and know what you are looking for. So the first skill is not considered necessary any more.
Writing articles or posts can be challenging for some people and I happen to be one of them. I always hated writing when I was in high school and always had a hard time coming up with long texts. I am more of a straight to the point kind of guy and always try to use as little words as possible. That however should not be treated as a disadvantage because it means that I can pack more information into a single post. All I have to do is to think of more examples or more viewpoints and elaborate on them. This in my opinion leads to a better quality content.
Everyone can create content and in fact we all are creating it each and every day. Writing an e-mail for example is one kind of content, writing on your social network wall or page is also a form of content, even speaking to other people can be viewed as creating content. I bet you do at least one if not all of those things daily so why not put it to purpose and share it with more people so they can benefit from it too? Creating content is simply communicating with others and expressing your own point of view.
As you can see online business is right for everyone. The internet is filled with endless opportunities that we can all benefit from and I believe we should at least give ourselves a chance. We all deserve a better life and a brighter future and now is the best time to start working on it.
What is the core to success online?
Before starting your online business you need to choose a certain direction for you efforts, a market or a niche. Your best choice would be the thing that you are most passionate about and that could be just about anything you can think of.
Whether it is your hobby, topic connected with your profession, something you want to get deeper understanding of and knowledge about it’s up to you. It would be best if you are passionate about it and have at least a minimum level of experience. The point is that you will have to write about it and spend a lot of time on it so the more you enjoy it the easier it’s going to be.
Building a website.
The one thing that every online business needs to succeed is a website. To build a website nowadays is quite an easy task since there are many free tools such as WordPress. The interface is very user friendly and you can find a bunch of tutorials online if you get stuck.
There are so many themes within the program some of which are free so you simply pick the one that you like the most. That is where the easy part ends and serious work begins.
At this point you should start writing the content for your site which is what will attract your visitors. The content of your website is the value that it holds. If people find it helpful and interesting they will share it with others and spread the word.
The more content you write the better because it means more traffic and ultimately more money in your account. Everything you write on your website needs to be related to your niche and useful to your audience.
Assuming you have your site, content and people reading it how do you start making money? There are a bunch of different ways you can do that and here are just a few of them:
- Put some ads using Google Adsense;
- Sell advertising to other site owners;
- Insert affiliate links and get a percentage from every sale;
- Sell your own product like an e-book or a work of art;
- Ask for a donation;
You can use one of the above or a combination – it’s up to you. The important thing is to help people find the information that they need and they will repay you in one way or another.
What to expect?
If you think that with online business you will get rich overnight then you are certainly wrong. It is just like any other business and it takes time to start earning money.
How long it will take you depends on how much time you put into it, how competitive your niche is, how well you rank with the search engines, what are the techniques that you are using to monetize your site, etc. I can tell you that if you are determined, ready to work hard and have faith then success is sure to come.
It is a well-known fact that thousands of people are earning more than you can imagine online and you can easily become one of them. The sky is the limit and I suggest you aim for it.
If you don’t know where to start then read my Getting Started article or perhaps read about my favorite online business education platform called Wealthy Affiliate where you can get training, support and everything else you will ever need for an online success.
If you have any questions please feel free to contact me or write a comment below.