How To Put Together an Internet Business That is in Positive
Cash Flow from Day One
by Joe Leech
Sounds easy..and with the right model, it is.
But it is a fair amount of work and requires a number of hours
and an investment.
Your business will have the characteristics of multiple income
streams that produce different results and provide a combination
of immediate and residual income.
This model will also allow you flexibility to adapt to your
interests which is quite important.
Our first objective is to find a tool that will provide fairly
immediate cash flow, as this is a major item to allow one to go
on and not quit.
Fortunately, the business to do this is well established: eBay.
eBay has the very distinctive characteristic of being able to
produce a positive cash flow within 5-10 days once properly
started. This is the first and basic step of your home based
business. That's the good news. The bad news is that for most
eBay businesses, when you stop working the business, the
business stops paying you. There's little to no residual income.
Your first step is then to learn how to start and master the
eBay business model, and this is a course in itself. There are
many on line and offline training resources. We personally
happen to like and have used the one by the good folks at the
Internet Marketing Center and which can be found at
www.ouronlinebusiness.com/ebayinfo.htm We would like to issue
one word of caution to anyone considering looking into eBay
training. At various times throughout the year, in about any
given full sized city in the US, SOME promoter is offering a
"free seminar" on "How To Make Money on eBay". These are often
held in hotel meeting or ball rooms, and often entice attendance
with the promise of some freebie. When the atendee gets there,
they are heavily encouraged to sign up for the "full and
professional" course for "4 figures" or more. Guarantees are
often made, etc. WARNING: Do NOT ever bite on this. While one
does need some training to fully operate an eBay business to
learn things like future and on going supply, you can obtain
that information for far less cost and without the risk. If you
are tempted to sign up for one of the 4 figure advanced
seminars, get Better Business Bureau and Chamber of Commerce
references first!
Moving on to the article content. Once you have a positive
income, then it could be time to market products by others,
generally in the form of an affiliate program. You should NEVER
pay for membership in an affiliate program and NEVER join one
that requires a monthly purchase of some product (often
nutritional supplements or skin care) to qualify to resell. But
even if your sign up is free, success is very elusive and often
expensive to get to as you need web sites, mailing lists,
advertising, and other costs. Even PPC advertising often carries
more expense than income. BUT if one can weather the time and
expense to get a good affiliate program going, it is a good
business. Hundreds of people are making money in affiliate
programs, but thousands are not. Learn what you are doing and
how to operate such a business.
The ideal business is not where you are selling someone else¡¯s
product or service, but are selling your own, and possibly you
have others selling it for you in your own affiliate program.
But this is certainly not the place to start, because it carries
even more risk and upside expense than selling someone else's
product/service. The big advantage is that all the profit is
yours! This is the goal for many people.
The best way to get there however is via the first two steps.
Let your business pay for itself as you grow and learn. This is
the ideal model, and if you follow this model or pattern, you'll
prosper in both satisfaction and finances.
=================================================================
= About the Author: Joe Leech is a successful online marketer
and ebook author and publisher. Over time he learned a system
that works regardless of ones interests, and he shares that
secret in his new ebook. A description is available at
http://www.web-biztraining.com
About the author:
Joe Leech lives in Pittsburgh, Pa with is wife and extended
family, where he earns his living consulting to the
manufactuers' rep business community and on the internet with
various activities including writing, publishing, and selling
his own ebooks which involve various aspects of business and
sales. His total listing can be found at his portal site at
http://www.leechent.com, and his most rcent book at
http://www.web-biztraining.com
Written by: Joe Leech
Google Adwords – Manipulating Keywords For Success
As you probably know, Google Adwords is a pay-per-click solution offered by Google. As with other PPCs, you are given the ability to place your small advertisement on various platforms controlled by Google. While the platform provides you with a...read more
PPC Definitions
Pay-Per-Click marketing has become an online phenomenon, with marketers only paying for traffic they receive. As Internet marketing has evolved, pay-per-click is seen by many as the middle ground between paying per impression and paying per sale....read more
The Five Most Powerful Forms of Internet Advertising
Webmasters and Entrepreneurs around the world are beginning to
learn first-hand the long-term value of using Promotional Ezine
Articles to promote their businesses in the o¬nline environment.
When you are promoting your website, there...read more
Understanding the Different Methods of Online Promotion
Did you realize there are only three types of online promotion?... This statement may seem odd and even untrue in your mind, but I am speaking in more general terms than you might be thinking. Let me explain. The three types of promotion are...read more
Web Site Promotion: Free Web Site Traffic That Produces Leads and Sales
Sure, you can pay for ezine advertising and PPC listings and get targeted traffic all day long. But wouldn't you like to have a stream of free quality traffic (at no extra cost) bringing you interested web site visitors at the same time that your...read more
How To Start a New Internet Business.. and always be in Positive Cash Flow
