Starting An Internet Business: The Shocking Truth

The Shocking Truth About Starting An Internet Business

Have you heard the rumour?

Starting an Internet business is an easy and quick way to have a bulging bank account and so much cash that you don't have the time or energy to spend it all?

Unfortunately the reality is very different.

Most people's venture into Internet marketing starts with high hopes but ends in failure and they quickly give up.

A report from 2006 estimated home Internet failure at over 90%. Many were people lured by the promise of making fast, easy money with little or no training.

If it was that easy, everyone would be doing it.

The Truth About Starting An Internet Business

The bad news is that nearly everyone is doing it.

From the school kids who want to supplement their pocket money through to the college students who see it as an easier way of making money than working in a bar or restaurant to employees who want to escape from their mundane jobs.

Now as the recession bites, the idea of starting an Internet business will attract a good proportion of the people who have lost their jobs or who have been forced to accept a reduction in their pay.

So why are you going to succeed when so many of these other people are going to fail?

First you found this website and I am going to do my best to steer you to the right track.

Second you are going to work hard and study hard.

Make no mistake.

Starting an Internet business is easy but starting a successful Internet business is tough.

Third you are going to carefully select where you are going to compete. You won't beat Amazon, eBay, Wikipedia and all the great Internet businesses by copying them and going head to head in battle.

Fourth, you will be persistent and committed. One of the major reasons why starting an Internet business leads to so many failures is that people don't know what they are doing, they give it a go, find that the promises were empty and then give up.

Fifth, you know where you are heading. You have a vision for what you want to achieve for your customers and you have a vision for how the Internet business will fit into and support your lives.

Finally, you know that to continue to prosper in an Internet business, you need to continue to develop and improve your business.

When You Are Starting An Internet Business, Everyone Is After Your Money

Have you noticed how many people are offering to sell you the one guaranteed way to start a successful internet business?

So did many of the 90% of people who failed when they started an Internet business. They did the first part by splashing the cash and many have bought ebooks, courses and magic pills that range from $1 through to $10,000 or even more.

It is very easy to spend a lot of money to tell you to how to start a successful Internet business. You are buying into a dream of easy, quick money and a solution to your current financial problems.

I will tell you further down the page the one Internet training program I would buy immediately if I was starting an Internet business from scratch.

And no it is not my product and while I hope you buy through my affiliate link, I give you the chance to buy it direct and I won't receive a penny.    

But first I want to introduce you to the...

Top Internet Marketing Gurus

The world of Internet marketing is a fascinating community but the cream does rise to the top.

Scam artists feed on the bottom of the sea and find easy pickings from newbies who buy into the dream and don't know any better.

The top gurus deliver the goods for the people who know where they are going, know what they need to get there and take action. The downside is that they are expensive.

As you are a newcomer to the Internet marketing world and someone who is thinking about starting an Internet business, I don't believe you should rush in and buy from them.

The value they can add is when you have the basics in place and you have shown you have the desire, focus and commitment to create a successful Internet business which you want to take to the next, higher level.

I do want you to learn from them and see how they go about the process of marketing their businesses.

• How they encourage you to sign up to their email lists,
   
  
• How the emails entice you back, how they build up excitement during product launches and
   
  
• How they offer continuity programs to increase the value they provide to their subscribers (and make more money themselves).

So my advice is, take advantage of their free stuff.

During these top product launches, just seeing what's on offer can be overwhelming without taking the next step and whipping out your credit card and buying the tantalising and seductive solution to a problem you don't yet have.

Watching them is an education in itself and a very valuable lesson for anyone starting an Internet business.

Stay Focused On Starting Your Internet Business

Stick with the Internet start-up solution I'm going to recommend until you get to the end of that program. It is that good.

Then, but only then re-assess your business.

Where do you need to know more to boost your success?

The secret to success is straightforward.

It is purposeful action that matters when you are starting an Internet business. Not buying boxes of information.

But do sign up to their email lists and watch and learn what you can for free.

Follow this link to learn who I regard as the top Internet Marketing Gurus.   

What Kind Of Internet Business Will You Start?

As you think about starting an internet business, try to clarify the big picture issues before you dive into the technology issues.

Strategy wins.

What are you going to market and sell on the Internet?

• Physical products like Amazon?
   
  
• Your own services (or the services of your employees) as you use the Internet as a low cost method to find customers who will buy your time for money?
   
  
• Your own information products like the top Internet marketing gurus but it doesn't have to be limited to the "make more money" niche?
   
  
• Other people's information products through affiliate links?

Each Type of Internet Business Start Up Has Its Own Issues.

Selling other people's products is easiest in some ways - you don't have to spend the time developing your own products when you've found others that you think are great - but you are just one of many people promoting so why should anyone buy through you?

Having your own products is ideal but it takes time to create and to build up a loyal following who will buy.

Selling your time is nice but ultimately it limits your income because there are on;y so many hours in the day.

So don't worry if you think you'd like to do a bit of each when you start your Internet business. That is common and it can be good strategy.

Just decide where you want to start and concentrate on making the first part successful before you try to move on to the next.

There is an old Chinese proverb: "The man who chases two rabbits catches neither" which is very true.

Remember that a lot of Internet success is due to focus and relevance.

Choosing A Market Niche For Your Internet Start Up

Do you know what market you want to trade in?

Are you trying to turn a hobby into a money making machine?

I certainly believe that you need to be passionate about what you do and why you do it. That passion gives you the energy to overcome the difficulties.

Remember, starting an Internet business is not as easy and quick as some would have you believe.

But is your hobby a real market opportunity? Are enough people interested in your hobby?

A key ingredient of Internet market success through the search engines is understanding what people are searching for and whether they are money terms. Luckily Google has decided to help us by releasing their search data - see Google Keywords. I can't emphasise how important it is to do this analysis thoroughly since even the name of your website can make it much easier to attract traffic.

It is tempting to target a huge general niche but that is not the way the Internet works.

A website about music won't have such loyal readers as another website about classic rock which in turn will be beaten by a website focused on Led Zeppelin if you are a fan. Relevance matters.

There is already too much information in the world so what your readers want is information which is meaningful to them.

If you are struggling to select your niche, this may help - Proven Niche Markets - the company that provides my recommended start up package has researched 241 niche markets which offer the opportunity of Internet success.

The Eight Pillars of Online Business Success

I have adapted my bricks and mortar business coaching model to the internet to create the Eight Pillars of Online Business Success to give you a foundation to base your Internet business start-up.

1. Measure your performance so you always know where you are.
    
   
2. Know where you are going. Have a clear vision for your business, play to your strengths, set goals and maximise the return on your time.
    
   
3. Determine your position in the market, know how you will add value for your customers and understand your competitors.
    
   
4. Attract traffic to your website.
    
   
5. Convert traffic into sales.
    
   
6. Turn one time buyers into repeat customers.
    
   
7. Manage your team of outsourcers effectively. It is virtually impossible to do everything yourself.
    
   
8. Systemise your business. The more you make your business run like clockwork, the closer the dream Internet business of earning big money without continued hard work.  

This is an approach which works well as a lens to see your business through.

You need to do each but where is the biggest constraint? What one thing is holding you back right now as you think about starting your Internet business?

Perhaps it's just...

Where Do I Start?

If you are ready to start your Internet business, the only product I recommend you buy at this stage is the Nitro Blueprint System which provides a comprehensive ten step process with detailed instructions and supports.

Nitro Blueprint System - affiliate link

I cover the costs of my websites and the time by recommending products that I have used and reviewed by selling through affiliate links.

But I know that some people distrust affiliate marketing. There is no difference in the price you pay - I just get an introduction fee - and I don't see it any different from buying from retail shops.

But some people have given affiliate marketing a bad name by hyping rubbish and selling stuff they know nothing about.

I don't want to stand in your way to buying the best way I've found to start up your Internet Business.

Your choice:

Nitro Blueprint System (affiliate link) or Nitro Blueprint System - naked (no affiliate link).

And there are no tricks here with disguised affiliates links. I receive a commission if you buy through the first but nothing if you buy through the second.

I just hope you appreciate the plain talking advice I am giving and that you decide to be nice to me.

Helpful Advice On Starting An Internet Business

I am putting together a series of introductions to topics to help you decide the best way forward with your new Internet business.

Blog vs website - should you have a blog or a website?

Which blog should you use

Comments

[Micheal]

That was a great research on internet business. Every one wish to get money for their daily needs, Internet business is being an easy way for them to earn money. You have provided the best suggestions to start the internet business.

[Paul Simister]

Michael.

Thanks for being the first person to comment on my Starting An Internet Business blog.

I believe that Internet marketing is a great way to boost incomes but there are right ways and wrong ways to go about it.

It is much easier to spend money than to generate it and I want my readers to start an Internet business with the facts as I see them.