How To Start An Online Business

Easy to Retire

I am more and more often asked how to start an online business. Having been earning full time online since over 10 years now, I can say that it is not all that difficult, but there is a learning process that one has to go through and for that, it is best to start with a good training.

Creating an online business is a dream shared by many people. It’s a way to achieve financial independence by working from anywhere, without a boss on the back, with complete freedom. The Internet offers many advantages:

  • There is no need to own or rent some premises, shop, offices, therefore a much lower starting investment is needed.
  • You have the possibility of starting alone, without any particular expertise. The Internet today offers turnkey solutions to get started, such as the WordPress CMS on which you can learn how to create your own professional website.
  • You potentially reach 60 million consumers or more if your company is open internationally.
  • High flexibility, automation of processes, economies of scale … the Internet is the ideal playground to set up profitable systems.

But then, how to proceed?


Create your business online, OK, but which business model to use? I am giving you here the ONE and only place where you can get started on the internet… for FREE ! It is at Wealthy Affiliate!

Starting an online business is just about the same as opening a brick and mortar business. Apart from the initial and running investment is much lower as well as is the risk involved.

By being just about the same as opening a brick and mortar business, I really mean that you need to be somehow entrepreneurial, in order to be able to ‘sniff’ the demands in the market and to have a bit of imagination. Have you got what it take to be an entrepreneur? The answer is simple: if you think you have it, then, you are and entrepreneur.

So, if you have an entrepreneurial mindset and want to learn how to start an online business, what follows is definitely for you:

Step 1: No need to reinvent the wheel


Trust me, nearly every clever and ingenious ideas have already been exploited online, in one way or another. If you believe that  you have got an original online business concept, to me it in fact means that you have not done enough investigation.

So, if you think that you have a unique business idea, your first step is to head on to Google and type in a few keywords related to your business idea. Meticulously examine every top websites that offer comparable products or services. It means that you might have to try out their products or services and find out their strengths and weaknesses.

From there, you will have to measure those strengths and weaknesses to enable you to introduce a BETTER idea.

Keep in mind that the entrepreneur is not to invent. His/her job is to look for existing proven business ideas, to improve on those ideas and get a share of the market, and preferably a bigger share.

Step 2: Think of the marketing system


how to start an online businessGenerally, most starting entrepreneurs have a problem in common: they spend far too much time trying to perfect their products.

Although having a good product is important, what is more important is how you intend to market it.

Without a decent marketing plan, no matter how good your product is, it’s going to be difficult for your online business to expand.

No matter what you intend to sell, your marketing structure should answer these 3 important questions:

  1. Will your marketing attract and capture a list of potential consumers or customers?
  2. Can you cause the system to become viral, so that users will refer more users?
  3. How will you turn prospects into customers?

As an example, not long ago, I have perfected what I believe to be a great online tool that should help me manage all my investments. I am sure that if I offer this tool on the market, someone will be happy to pay for it. But before I even start developing this tool for multiple users, I have to answer the 3 questions above.

Here is how to start an online business:


I will have to develop a system where investors can subscribe for free and manage a limited number of investments. This should answer my first question.

If they find the service useful and want to manage more investments, they will have to upgrade their free account for a monthly fee. That takes care of question number 3.

The difficult one is question number 2 – how to get it to go viral?

I plan to develop a system where users can allow the public to view their portfolio, inviting followers to sign up to their watch list, a bit like the Twitter effect. This should result in the website to become viral.

And this is how I proceed with all my projects. Simple isn’t it?

Step 3: Work


how to start an online business

How to start an online business

Once the idea is shaped and the marketing program is well designed, the final step to get started with an online business is to get to work.

This is the difficult part because of the many things to take care of, but you can only progress one step at a time.

First thing you have to do is to build your website. You can buy a ready made script (if it is available), use the free MYOB script that I’ve developed for our members or find a freelancer on Fiverr to create the website for you, either from scratch or by adjusting existing ones.

When your website is ready, you have to promote it and keep promoting it. And that’s only the beginning…

This is how to start an online business. After it’s launched, to maintain it is another question. But if you start off with the right online course, things will become easier as you go along.

Additional reading:

Steps In Starting An Online Business

If you wish to learn more about starting your own online business from home, click on the banner below …

FREE Marketing Course

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Thanks for reading


Easy to RetireI hope that you now understand how to start an online business.  If you have any experience on the subject we would love to hear from you. And, if you have any questions, please use the box below and I will respond as soon as possible. If you enjoyed this article please share it socially and leave a comment below, I will highly appreciate it!

I am a Premium Member of Wealthy Affiliate, where I have learned how to share my passions. I am inviting you to join my team and learn how to become successful in business and retire early. It is 100% FREE to join, learn and earn! Click the button below and I’ll see you on the other side.

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10 comments

  • Wendi

    I’ve wasted A LOT of time and money trying to find the perfect model to build an online business. I believe I finally found it and everything just feels different and like I’m actually getting to a positive result. This is a great article for anyone who wants to get started without having to go through what I did 🙂

    Reply
    • John

      Thanks for your comment Wendi. We all go through the costly learning curve, lucky are those who find the perfect model early on. Unfortunately, I have personally discovered Wealthy Affiliate far too late in my online career, so I had a long and costly learning curve, which I am not regretting a bit, as Thomas A. Edison said: “I have not failed. I’ve just found 10,000 ways that won’t work.”.

      So, I hope that you have not taken that long to experience some success and that you are now getting the benefits of your hard work.

      If you have any success stories to share with us, please do not hesitate to post them here.

      John ツ

      Reply
  • Paul

    Great looking website John. I too have spent to much time and money over the last 7 years and I have finally settled down and are extremely happy I came across Wealthy Affiliate. I do have a question for you. What social network plugin do you use? I Like. I also like the theme you choose. Very Nice

    Reply
    • John

      Thanks for visiting my website and for your comments Paul. For social sharing I use the UltimatelySocial plugin. It looks alright, I like it. As for the theme of my website, after testing many, I have settled for the Dukan Theme which caters for most of my needs.

      I am glad that you have found Wealthy Affiliate and like you, I wished I had joins years ago, it would have saved me loads of time and money.

      I wish you the very best with your online venture and I look forward to seeing you around, on this blog as well as on the Wealthy Affiliate platform.

      John ツ

      Reply
  • Michelle

    Thank you so much for this period of late I have been having trouble with my online businesses. And I have been thinking about giving up. One of the businesses I have I went to a festival for on Saturday. I barely made any sales and it was very discouraging. I was thinking about closing the business down. But I have been getting nothing but encouragement from those all around me and I don’t know I just may stop working on it for a while. It seems that every business I try to start ends in Failure. But thanks to this article I see the importance of continuing. I need to continue no matter what. So thank you for this informative and encouraging article.

    Reply
    • John

      Thanks for your comment Michelle. I know how discouraging it can be when you are running a business and nothing seems to work. You don’t even know if you should continue or stop spending time and money on it, but on the other hand, success might be around the corner. Have you read my blog Never Ever Give Up – My Personal Experience. ? Please do and don’t give up, but make sure your ladder is laying on the right wall.

      Stay in touch and if there is anything that I can do for you, please do let me know. Okay?

      John ツ

      Reply
  • Maria

    John,
    Thank you for explaining how one can start an online business, in simple easy to understand language. When I have researched this in the past, the terms many website operators use are a bit complex for most who have no marketing skills to comprehend.
    Would wealthy affiliate be something that you would recommend to those who have zero or very limited marketing skills?

    Reply
    • John

      I appreciate you being a regular visitor to my website Maria and thanks very much for your comments.

      Wealthy Affiliate is definitely one opportunity that I wished I had spent some time to research much earlier in my online marketing career, it would have saved me loads of money, time and headaches.

      It is an online opportunity that I can recommend without any hesitation to anyone, either a newbie or an experience Internet marketer. I don’t think that there is an equivalent program in existence that can come up with such a complete (and free) training suitable for all.

      If you are not yet a member Maria, do not hesitate to join. It is your guarantee to a profitable online business.

      I look forward to seeing you on my site again soon.

      Best wishes,

      John ツ

      Reply
  • Namilagu

    I’ve wasted A LOT of time and money trying to find the perfect model to build an online business. I believe I finally found it and everything just feels different and like I’m actually getting to a positive result.

    Reply
    • I am glad that you are starting to get the results that you having been expecting Namilagu. If you really want to find the perfect business model, I recommend that you read one of my previous business review: Your 1st Step To An Easy Retirement Income. You can’t go wrong with that one, guranteed!

      Let me know if you have any questions Namilagu and I wish you the very best for your online venture.

      John

      Reply

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