5 Keys To Unlocking The Secret To A Successful Online Business

The Way Most People Look At Online BusinessMany people start an online business, or any small business that doesn’t require a huge amount of start-up capital, and then just… give up! What’s worse, they blame the business model saying, “Oh, that thing doesn’t work”.What’s really funny to me is that a lot of people lump an online business into the likes of network marketing, or multi-level marketing models, which is distinctly not true at all!It’s just their ignorance of the subject showing!My mentor and online marketing expert says there are primarily 5 keys needed to create a sustainable online business.So What Are the 5 Keys To Unlocking the Secret To A Successful Online Business?Key #1: It’s A Business Not A HobbyYou must differentiate between earning a living online and making money online. Earning a sustainable income involves learning the business of how to provide more value to people online, whereas making money online involves chasing the “new thing” to hit town, or that get rich quick scheme your neighbor is doing. You know, that deal that says, “You can become a millionaire for $99.95!” Generally, opportunity seekers.It’s important to learn the skills required to build and operate a successful business. It’s like the difference between flying a simulated plane program and flying a real plane. You wouldn’t expect to jump into a real plane and just.. fly… would you? Of course not! You need to learn how to fly a plane successfully, from an expert!Why would you expect to just “know” how to build a profitable online business? You need to learn from someone, preferably an expert! Always choose to learn from someone who is experiencing the success you want. Never from someone who just teaches theory.Key #2: Be Prepared To Take Action And Get StartedNo experience is necessary to start learning how to build an online business. You really just need to be teachable!There is no age requirement. In fact, the average age of students in one cutting edge online business training platform is 48. There are students ranging from 16 through 75.The only thing really required is that you have a strong work ethic and a big dream.A great business training program should consist of plug and play style training modules, including a personal success blueprint.You should be able to work in these modules at your own pace and have access to live and recorded training workshops.The best advice is to use the 80/20 rule for training.You should spend 20% of your time learning and 80% of your time applying that knowledge.Too many people can get stuck in training mode and never take a step into action. Also called, “Information Constipation”.Not using the 80/20 rule leads to overwhelm, and overwhelm doesn’t lead to action.Key #3: Provide Proper ValueIn order for you to stand out, and not be mistaken for one of those less than authentic individuals that you can find online, or anywhere really, you need to provide value, real value to your prospective customers.When you provide real value to people you don’t have to talk them into anything using phony language. Just be yourself, be genuine.Real value consists of providing the tools and information your prospects need to help them make an informed decision and improve their life.Key #4: Learn How To Drive TrafficMany folks believe that if you build it (a slick website) they will come (people by the dozens!). Unfortunately it’s not that simple.A new website is like a new brick and mortar shop tucked away in a dark little part of town that nobody knows is there.You have to learn how to “drive traffic” to your website. This is the “meat” of any good business training, and is the cornerstone of an online business. No traffic = no salesKey #5: Learn How To Convert The TrafficLearning how to convert traffic is about providing the right offer.Providing the right offer is about solving your prospective customer’s problem.We all have a problem, (some of us way more than one!) something that keeps you awake at night, or that you tend to worry about.It could be mounting medical bills, or the fear of illness and how it could impact your life, the job market & job security, sending kids to school, helping aging parents, not enough retirement income, the list goes on… and on.Part of the education process is learning about people, how to communicate, how to help them solve their problems, along with the process of buying.Side note: The beauty of developing an online business is that you can sell your own products or somebody else’s products as an affiliate marketer. Or, with the right guidance and education, you could discover what you are really passionate about and build a business around it. It really is possible for anyone to build an online passion business.I would add one more key to these 5.I would add that you have to want to help people. If you are only interested in making money you will be building your business on shifting sand rather than a solid foundation.Not that there is anything wrong with making money, but it shouldn’t be the primary reason to be an entrepreneur.Being An EntrepreneurBeing an entrepreneur is more about building something, helping people, and changing their lives. It’s solving a problem. Being innovative. Be someone who wants more than just to change one life, theirs! Be someone who can have an impact on the world by just being honest, authentic and caring.

Fabulous News For First Time Home Buyers

What fabulous news for first home buyers, a whopping $21,000 towards deposit, expenses or even new furniture if you buy a brand new home before June 2009. So if you’re ready to take the plunge and sign up for what is likely to be the biggest commitment you’ve ever made, now, more than ever, seems to be the perfect time to get into the property market as a first home buyer. Even though your friends and family will be full of advice, as with any major decision in our lives, it’s always good to take their experiences and opinions on board, however your own research will give you peace of mind and assurance, before you sign up for the big purchase and possibly sign your life away to the mortgage company.Generally, most first home buyers already have an idea on the location and the type of home they want, so now it’s just a matter of finding out whether you can afford what you want to buy. Almost all the major banks and other lenders offer special packages with reduced application fees and lower interest specifically for First Home Buyers. With the help of some comprehensive search engines, shopping around not only for a home loan, but a property is almost as easy as 1 – 2 – 3, so jump on the internet and let your fingers do all the work for you. It’s important to remember that the bank can’t lend you all the money to buy your first home. As a first home buyer, at least a small part of your deposit will have to come from your own savings or alternatively a gift from your relatives. Once you find the right home loan, apply for a pre-approval. This can be done either online or in person. A pre-approval is the bank’s preliminary approval subject to an acceptable property. You will need to provide a completed application form along with requirements such as your identification, income evidence and savings (gift) verification. Once the bank is satisfied that you’re an acceptable first home buyer, they will issue a pre-approval and you can start shopping around for your first home.So when and how do I apply for a First Home Owner Grant? The First Home Owner Grant is only available to Australian residents and citizens, so before you apply you should contact your state revenue office, alternatively visit their respective website for more information. If you satisfy all the first home buyer criteria and conditions, there are two ways you can apply for your first home owner grant. If you apply for your first home owner grant via your bank, you’re likely to receive the grant at settlement, so on the day you officially become a home owner. If you apply for the grant directly with the state revenue office, the grant is not likely to come through until after the settlement. The best way is to keep in regular contact with the lending manager of your chosen bank. Remember, they help first home buyers every day and are the best source of information and guidance, so don’t be afraid to call them if you have a question, after all, they’re here to help you.

Check For These Signs Before Starting an Online Business

Everyone wants to have a taste of the good life. This is the reason some work beyond the working hours, log up overtime work and work two jobs. And for the others who want to have their own way and be their own boss, starting a business is the best ticket to the good life. Every option works as long as you put your mind and effort to it. But the way things are shaping up; it seems that starting a business seems to be the most preferred way of many.This choice was clear during the height of the economic crisis where jobs are cut, outsourced or completely eliminated. And among the many ways to start a business, one that gained ground is starting an online business. Having one’s own online business is attractive. Just imagine, running your own business in your pajamas from the comfort of your own home! This is the appeal of starting an internet business- you have the time in your hands and you can work from your home or anywhere you see fit.But just because thousands of people have embraced their own online business doesn’t mean that this is best for you as well. Before you jump into a business venture online, you need to make sure that this kind of arrangement is best for you. Learn to check the signs that you are indeed fit for this kind of arrangement.To get you started, here are some signs that will tell you that an online business is best fit for your needs and personality. Try to assess yourself before dipping your fingers in an online business venture.• You are tired of the usual 8-to-5 routine and business is your passion. If this is the case, then the best move for you is to start your own business.• You are in control of the situation and can make decisions in a snap. Given a set of problems, you know what to do and what to rank. Having a good decision-making ability and a good grasp of the situation are important in running a business. And if you enjoy planning and undertaking the plan, then having your own business is a good idea.• In your current job, you feel that your boss is not giving you the opportunity to take the initiative and you are not given the flexibility you need to get the job done. You think that you have the focus and the self-motivation to do the job and you don’t pay much attention to the other rewards whether monetary or in kind.• You want to take advantage of the growing industry online and the growing number of freelancers and online entrepreneurs.• The chance of earning your own money, in your own time excites you. You are excited and feel inspired about the stories of start-ups that become BIG companies. From Apple to eBay, you followed their stories on how they start small and became two of the biggest names online. You also like the idea that you can make your own money that is yours and will not be pooled to become part of the company’s earnings for the year.• You want to do interesting things your way. This is the beauty with starting an internet business. You have the option to only do the things that don’t bore. For all other aspects of an online business that don’t appeal to you, you can always delegate these tasks or outsource these jobs.• You want flexibility not just in the hours worked but in the place where you actually work. When starting an online business, you free yourself from the usual 8-to-5 routine and you are no longer tied to the desk and office chair. You can work from your study, from a coffee shop or even while waiting for the bagel to be served!Learn to pay attention to these common signs before you jump into the bandwagon. Sure there are tons of success stories out there, but keep in mind that all these happened because they are fit for the task. Test yourself if you are up to the task; learn to figure out the signs before starting an internet business.Dany Cooper