Incomplete: How to start an online business: input welcome
Please feel free to make additions, comments, criticisms, whatever.
Step 1: Cashflow
You can't run a business if you can't afford it. Fortunately, internet marketing can be as cheap as $10/month for hosting. Still that's $10/month your business needs to eventually pull in to turn a profit. And until that happens, you need to be able to cover it. Going into debt for something that MIGHT make you money is probably not a good idea. If you have disposable income, then cashflow is taken care of. Otherwise, you'll have to find an extra job, sell services, etc.
Step 2: Find a system
There are hundreds to pick from, and a lot of them probably work. How do you want to make your money? Find a system that makes use of your strengths. Once you've found a good one, stick with it. This will take a little bit of exploring and experimenting. Test that system out. If it works, try it several more times to see if it still works. If it does, move on to step 3. If not, find another system.
Step 3: Outsource
This is where my experience is lacking. Anyone care to pick it up here?
Step 4: Grow
Step 1: Cashflow
You can't run a business if you can't afford it. Fortunately, internet marketing can be as cheap as $10/month for hosting. Still that's $10/month your business needs to eventually pull in to turn a profit. And until that happens, you need to be able to cover it. Going into debt for something that MIGHT make you money is probably not a good idea. If you have disposable income, then cashflow is taken care of. Otherwise, you'll have to find an extra job, sell services, etc.
Step 2: Find a system
There are hundreds to pick from, and a lot of them probably work. How do you want to make your money? Find a system that makes use of your strengths. Once you've found a good one, stick with it. This will take a little bit of exploring and experimenting. Test that system out. If it works, try it several more times to see if it still works. If it does, move on to step 3. If not, find another system.
Step 3: Outsource
This is where my experience is lacking. Anyone care to pick it up here?
Step 4: Grow