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Learn how to succeed in a online business in 6 simple steps. Sounds pretty awesome doesn’t it. 5 simple steps and you can kick your day job to the curb!. Unfortunately it doesn’t work like that. Why?. Because a online business is no different to running a offline business, bar one major point. It cost’s a heck of a lot of money to get a offline business to get started and be profitable. Whereas a online business has a much much lower start up cost and lower ongoing overheads.
I run a offline business and an online business. Guess which one is more enjoyable and profitable. The online business of course. My offline business is in the Painting and Decorating industry and before we even start a job, I have at least $1000 in expenses to cover. Plus I hire employees which I can’t always monitor and on some job I make a loss. So it’s not all sunshine and rainbows running a offline business.
But for an online business, I have myself to hold accountable for every move or step I make to build my business. So I have much greater control of how things operate. With minimal overheads for operating a online business, the profits can be much greater. In fact profits can be out of this world once you know what you are doing and continuously put effort into your business. But the best thing about running an online business is the passive income possibilities. On any given day I make $200+ online whether I work on my business or not. I can take weeks ans months off at a time and still bring in an income.
How I do this is by Affiliate Marketing. If you don’t know anything about Affiliate Marketing and want to know more, check out this post Where To Learn Affiliate Marketing in 2017. If you do have an understanding of affiliate marketing, then you will still benefit from this post. While there are other ways to make money online, I believe affiliate marketing to be the most fruitful. So this list of ways to succeed online will focus around how I make money online, but it can also be used for just about any method of making money online.
Quick Links To Info On This Page
- 0.1 The Secrets To A Profitable Online Business
- 0.2 Knowing Your “WHY”
- 0.3 Don’t Be A Tight Wad
- 0.4 Time Is Key To Online Success
- 0.5 Live The Business, LOVE The Business
- 0.6 NEVER Give Up On Your Online Business
- 0.7 Want To End The Financial Struggle?
- 0.8 This Is EXACTLY How I Make $6000+
- 1 Per Month EVERY Month!
The Secrets To A Profitable Online Business
Finding a proven method and accurate up to date training is the #1 way to succeed online. Before finding my success online I had tried just about anything to make money online. Needless to say I failed big time and lost $1000’s as well. From investment websites that disappeared overnight to Binary Trading to Rev Share Ponzi Schemes. I had tried it all. The thing I was missing was a trustworthy and more importantly training that was relevant for the current year.
Which is why I have stuck with Wealthy Affiliate since 2012. The owners Kyle and Carson are always updating the training, adding new training and have weekly webinars. Combine that with the 1000’s of other successful members and the in-house marketing tools I get included. I can’t ever see a reason to leave.
Without a proven and reliable education, it’s almost impossible to start a profitable online business. Many have tried going it alone and many have failed. Going it alone is extremely hard because there is so much bad information available online that you end up becoming confused and not knowing what to do. Ultimately resulting in the person giving up on their online dreams. I hate to see this, which is why I recommend that you do follow a proven strategy that has worked for over 11 years and made many people live the life they want to live.
Knowing Your “WHY”
Many people fail with building an online business because they treat it as a hobby and will be “I’ll just give it a try and see how it goes”. This is all wrong. For an online business to work, you must treat it like a business. Nobody would only give 10% to an offline business and it’s the same with an online business.
This is where the “Why” comes in. Why do you want to start an online business. What is your dream?. Is it to quit your day job and spend more money with the family, is it to make extra money on the side, or is it it to scale it up to heights your day job could never reach. Whatever your ‘Why’ is, it’s important to never forget why you even thought about starting an online business. Your why is your driving force and the reason you will never give up until you have reached your why.
Ultimately you need to change your mindset from just giving it a go to I’m going to make this happen. Mindset plays a vital role in becoming successful online. But I’m not going to tell you to go spend $200+ on mindset reading materials because I don’t think it’s necessary. I have never read a eBook or any book on mindset to be honest. Not even ‘Rich Dad, Poor Dad’ which is highly popular. But that to me just makes me less productive when I could be building my business instead. I believe that understanding your ‘Why’ and focusing on that is enough to keep you motivated.
Don’t Be A Tight Wad
Lets face it, starting and running a online business will cost you money. But like I said earlier, it’s a lot cheaper than an offline business. If you think you can make it on your own and without spending a dime, you are in for a shock. It’s extremely hard to get anywhere without spending a few bucks. Remember this is a business after all and anything you spend money on related to growing your business it tax deductible.
How Much Money Do You Need To Start Up?
At Wealthy Affiliate you can get started for free, so essentially you can begin your business for nothing at all which is pretty sweet. But I’m not going to lie to you. In the end you will need additional online services which cost money, like a domain, hosting, premium keyword tool etc. So if you are prepared to spend maybe $50 a month you can be up and running. While $50 a month may sound like a big commitment, it’s extremely cheap for a real business. After all you have the potential to make $1000 days which can easily cover you years worth of expenses from one days earnings. Pretty sweet right.
Time Is Key To Online Success
Would you open a brand new offline business and expect to make money that same day? Heck no, especially when you consider the overheads like business loans and wages. Is it any different in the online world?. No way!. It’s just the same.
For a online business to become profitable you have to be willing to give it time to grow and become a money making monster. A monster you can control that is. Too many, if not MOST beginners entering the online make money world expect to make millions of dollars in a week. Like seriously, if it was that easy don’t you think everyone would be doing it. Eventually devaluing the dollar. How Long Does It Really Take?
But I was the same. After reading the sales page with 100% money back guarantees of making $10,000 in your first month. How can you say no right. Well easy, see that (x) up the top right of the screen. Use that, problem solved. Anything promising ridiculous amount of money in a short period of time is an out right ploy to get your money aka SCAM!. Like I said, I spent $1000’s on these types of scams and never made a cent online.
Live The Business, LOVE The Business
This kind of relates back to treating it like a hobby rather than a online business. But you MUST indulge yourself in your online business. Every spare second you have you must put back into your business. This is key to a faster and more profitable online business. Not a day goes by (Bar my Wedding/Honeymoon) that I don’t jump on the computer to do something for MY business. Even if it’s just a little bit of research or a bit of learning. Every second you put in count drastically.
I didn’t start seeing really GOOD results until I fully understood this. I use to sit around wondering why this was not doing this and not doing that instead of building and being productive for my online business. Once I stopped messing around and just followed the training I started seeing much better results.
NEVER Give Up On Your Online Business
At the end of the day, it’s your business and if you really want it to shine and grow you must never give up on it. This is probably the most important key factor to success. All successful online marketers never gave up!. Think about that for a minute……
Sure times can get tough and you feel like you are getting nowhere. But guess what?. So did we. We all started as a beginner and pushed through the hard times to the green pastures on the other side. Most people start giving up on their website after a mere 3 months which is very sad. Why?. Because had they given it a few more months they would have been attracting my Google love and possibly making money (If they are trained the right way). 3 months is NOT a long time, but I can understand that it feels like a long time when you are grinding away on something that is not making you money (YET).
These are the kinds of values taught at Wealthy Affiliate. There are no promises, no guarantees. Just 100% accurate and up to date training with the worlds best support and community. If you haven’t started a online business yet, I highly recommend you check out my Honest 2017 Wealthy Affiliate Review.
Want To End The Financial Struggle?