Want start an online business but are worrying about not having any experiences? There is so much information on the internet and all of them claim that their ways work.
But which one is the most suitable for you? The one that works for you and you can actually generate income from it?
The quickest way to find out is to pick one and do. No joking. Myself used to turn my eyes over when hearing this advice from my mentor and other successful entrepreneurs . But go google, youtube, wherever you like and see what other successful entrepreneurs said. I personally like Gary Vaynerchuk, Richard Branson. Let me know yours 🙂
There was time I spent lots of time analyzing pros and cons of every options I had at the time, naively thought I’m being discreet and preventing failures from happening. The results? Terribly bad. I gave up because I was overwhelmed by flooding information and I couldn’t digest.
I then started to spend lots of time doing trial and error, trying to shorten the process and make every minutes of my time counts. I want to share the procedures with you so that you don’t have to waste your time like I did.
(1)Pick one you like from below, or anyone you found on the internet.
(2)Set goals and timeline. Remember, always set timeline.
(3)Reverse engineer the process, break down to small chunks of doable actions.
(5)Review the results you’d created and decide the next move
Do this repetitively and you’ll find out the business you’re truly passionate to run. As Jeffrey Fry said, “When you are not sure what to do, take action. You will quickly find out.”
For me, it’s like you will never know how a cake tastes like until you actually eat it. You find out the best cake you love after eating 37 cakes. Or who knows, maybe the third one get you addicted.
Ok without further due, here are the top 3 online business you can start if you’re a beginner. I know there are TONS of options out there, these 3 are my personal preferences. I like starting with low risk, make the business stable and then scale up.
So if you don’t have a huge capital, try one of the following options:
- Build your website and Blog
3 things you need to do here,
(a)get a domain name you like, I personally recommend you to use name that’s related to your business. For instance, you want to share hiking experiences, name such as avidhiker might be a nice one because people will know what possibly to expect in your website. So they can make decision right away. Meaning chances that people will choose browsing your website instead of others will be higher.
(b)Find a company host your domain.
NOTE: you need BOTH domain and hosting. Why? The simplest explanation is, domain is your website name. Hosting is the place where your hosting files stored.
(c)Build your website and start create contents
For instance, amazon FBA(fulfillment by amazon), the great part is you don’t have to worry not having a space to stock your products. You don’t have to worry what logistic company to choose, what payment to set. Amazon do all that for you.
Amazon stock your products and take care of all the procedures after customers put their orders. Save you much time. Isn’t that great?
Ever recommend to your friends about a restaurant that you love to go? Basically affiliate program is that you do the same thing, but you get paid by the restaurant!
You have more options than what you expected, Amazon, clickbanks, ebay, target, walmart, etc.
One quick small tip when you’re choosing, see what method are you more comfortable with. e.g. Are you comfortable in front of camera? If yes, consider youtube. If not, do you prefer sharing things with your friends in written words? Try blog. etc.
I’ll write more post for each and every of above-mentioned options so that you’ll know have more ideas on what to do next.