Once upon a time, setting up a business meant opening up a shop somewhere where you could be sure that customers would come to see you. You needed to order stock and keep the shop tidy, well-heated or ventilated, and you needed to always be there. All of this meant that starting to sell would be preceded by weeks, even months of extremely diligent work, and with no guarantee of success.? Anyone looking to set up a business would often decide that, on balance, the risk was too big. Now those problems are things of the past, and the potential businessperson can get things up and running very quickly.
The thing about “bricks and mortar” businesses is that they relied a lot on location and the other factors mentioned above. By starting an online business, your sales floor can be a small study under your stairs and your customers can be anyone anywhere in the world.? Nowadays , there are multiple technical solutions available which allow you to process payments electronically from a customer’s credit card or online bank. But even if you are not in a position to do this, you can set up a PayPal account and do your selling on eBay.? There is barely any initial financial investment, it is possible to generate a positive cash flow in relatively no time at all
So now you can do business in your pajamas at 1.30am.? Due to the advent of the internet there are various ways that a budding new entrepreneur can get started making money online.? 3 of My favorite ways of making money online are:
Affiliate Marketing
eCommerce
Internet Network Marketing
Affiliate Marketing
I like affiliate marketing because it allows you to sell the products that other people have developed.? This means that all that you have to do is drive targeted traffic to your affiliate offers and if you have done your research and marketing correctly, the sales will start to flow.? The nice thing about affiliate marketing is that you don’t have to spend any of your time in product creation so you can focus both your time and capital on driving targeted traffic.
eCommerce
Platforms like eBay and Amazon make it really easy for new entrepreneurs to start seeing cash flow pretty quickly.? The nice thing about
partnering with these two eCommerce giants is that you don’t have to drive traffic.? These sites already have millions of buyers who are?already looking for your products.? Now you can set up your own eCommerce shop, but if you are new to eCommerce, I really recommend that you partner with one if not both of these giants so that you can learn the basics.? If you want to learn more about running an eCommerce business, click here to download my free ebook which will explain the basics of running an ecommerce shop.
Internet Network Marketing
My Favorite online business is Internet Network Marketing.? If you have ever heard of Amway, or Herbalife, then you have heard of network marketing.? Network marketing has gotten a bad rep over the years because many have been sold the idea that it was going to make them rich over night.? Network Marketing is not a get rich quick scheme, it is a get rich slowly business that if you develop it correctly, it will definitely generate a substantial and residual income.? And this is why I like Network Marketing.? The work that you do today continues to pay over and over and over again.? It is one of the few online businesses, that allow you to generate a residual income.
There are numerous network marketing companies out there, and they offer everything from Health and Wellness, to Fitness, to Travel products and services..
The other thing that I like about Internet Network Marketing is that unlike traditional network marketing which primarily teaches you to chase your friends and family, internet network marketing you can promote your products and business opportunities to the millions of people that are out there looking for what you are offering on the ‘net.
There are over 2 Billion people on Facebook alone, so this gives you an endless supply of potential customers and business partners? to speak with.
Conclusion
It’s my belief that everyone who has a 9-5 corporate job should also have a side hustle.? That way they can let their job finance their side hustle until their side hustle makes them so much money that it would be a waste of their time to show up to the 9-5.
Did you find value?in this post??? ?If so, I would greatly appreciate if you could leave me a comment below and share via Social Media?
From an outsider looking in, it may seem daunting and impossible to start your own business.
It’s not.
Plenty of people with lesser skill sets, resources and time, from all walks of life and of all ages have gone to live the life they’ve always dreamed of by simply putting one foot in front of the other. Like anything, entrepreneurship can be a taught and learned skill.
Remember the time when you learned how to ride a bike?
In the beginning, it wasn’t easy right? Unless you had an adult helping you while you pedal. The most challenging part about riding a bike is balancing and braking. Building a business is no different.
In the online marketing world, there is no such thing as an overnight success.
It takes time, patience, persistence – and, yes – it takes hard work.
Although I do not believe you can build a successful, profitable, or sustainable online business overnight – I do believe you can build your dream business in as little as 12 months or less.
In this video, I share the essential ingredients of building your dream online business and the qualities that all students have in common.
I explain how getting clear on your vision and a business idea can impact the success of building your dream business and the importance of planning, marketing, and launching your ideas into the market.
I also share how your mindset impacts your ability to achieve your goals and dreams as well as strategies to help you stay focused on your goals and avoid shiny-object syndrome.
Do you wish you could make money online while writing blogs from the beaches of Thailand?
In the ever-evolving landscape of online business, affiliate marketing has emerged as a promising opportunity for individuals and organizations to generate passive income. By promoting products and earning commissions for each successful referral, affiliate marketers can tap into a vast online market and achieve financial success. However, navigating the realm of affiliate marketing can be challenging, especially for beginners. In this article, we will delve into the five critical mistakes to avoid when starting your affiliate marketing journey, equipping you with the knowledge to excel in this competitive industry.
1. Neglecting Proper Niche Research
Choosing the right niche is fundamental to the success of your affiliate marketing endeavors. One common mistake beginners make is neglecting thorough niche research. By understanding the interests, needs, and preferences of your target audience, you can identify profitable niches and tailor your marketing efforts accordingly. Take the time to analyze keyword trends, conduct market research, and utilize keyword research tools to uncover lucrative niches with high search volume and low competition.
2. Overlooking the Importance of Content Quality
Content is king in the world of affiliate marketing. Producing high-quality, engaging, and valuable content is essential for attracting and retaining your audience. Avoid the mistake of prioritizing quantity over quality. Focus on crafting compelling blog posts, articles, videos, or podcasts that provide genuine value to your readers. Invest time in thorough research, employ a conversational tone, and incorporate storytelling techniques to captivate your audience and establish yourself as an authoritative figure in your niche.
3. Failure to Build and Nurture an Engaged Audience
Building a loyal and engaged audience is a cornerstone of successful affiliate marketing. Many beginners underestimate the importance of nurturing a community around their brand. Interact with your audience through social media platforms, respond to comments and messages promptly, and foster a sense of trust and connection. Engage your audience through email newsletters, exclusive offers, and personalized content to create a lasting relationship. By fostering an engaged community, you enhance the likelihood of conversions and long-term success.
4. Disregarding the Power of SEO Optimization
Search Engine Optimization (SEO) is a vital aspect of affiliate marketing. By optimizing your website and content for search engines, you can increase your visibility and attract organic traffic. Incorporate relevant keywords naturally throughout your content, optimize meta tags and descriptions, and focus on building high-quality backlinks from reputable sources. Additionally, consider employing local SEO strategies if your affiliate marketing efforts target specific geographical regions. Remember, a well-optimized website is more likely to rank higher in search engine results, ultimately driving more traffic and potential conversions.
5. Ignoring Data Analysis and Tracking
To excel in affiliate marketing, it is crucial to analyze and track the performance of your campaigns continually. Neglecting this aspect can hinder your ability to make data-driven decisions and optimize your strategies. Utilize analytical tools like Google Analytics to monitor website traffic, conversion rates, and user behavior. Leverage affiliate marketing tracking software to track clicks, sales, and commission earnings accurately. By analyzing this data, you can identify trends, uncover areas for improvement, and refine your marketing tactics for better results.
Conclusion
Embarking on an affiliate marketing journey can be both exciting and challenging. By avoiding these five common mistakes, you can position yourself for success and outperform competitors in the online realm. Remember, comprehensive niche research, high-quality content creation, community engagement, SEO optimization, and data analysis are essential components of a winning affiliate marketing strategy. By implementing these best practices, you can build a profitable affiliate marketing business and achieve your financial goals.
A lot of people who think about becoming an affiliate marketer begin to get discouraged almost immediately.
By reading around in many blogs, forums, and affiliate related websites, it might seem as if the best time to become an affiliate marketer has passed.
At first, it appears as if the competition is too strong or it takes too long to rank a website in Google.
Truth be told, there are a LOT of affiliate marketers out there who were once successful but no longer are.
These former affiliate marketers are very vocal about how affiliate marketing is not possible anymore.
The online market is flourishing more than ever before, tons of new products launching and more and more people inclined towards online shopping, it’s never too late to start your side hustle as an affiliate marketer. If it is something you start to become passionate about, it may be a full-time gig for you.
Today, affiliate marketers are much more needed than ever before.
There is a huge scope in this industry to earn your living. ‘make a huge investment to start with, hard work, persistence, patience, and creativity are some qualities that you need to be a super affiliate.
There is no doubt that affiliate marketing is at an all-time high and don’t be discouraged by the fact that the market is flooded with affiliates. It’s a good sign, indicating a ton of money can be earned.
Maybe you’re even one of those formerly successful affiliate marketers and are thinking about jumping back in the game, but you still feel discouraged?
Hopefully, this video will help show you that it is definitely not too late to become an affiliate marketer.
My Door-to-door sales strategy that allowed me to become the top salesman in my company… at 14
The story I’m about to share with you not only changed the game for me back then, but it’s been one of the single biggest lessons that’s allowed me to crush it in network marketing for almost 20 years now and has allowed me to become the top salesman in multiple companies.
I got my first sales job at 14 selling newspapers door-to-door.
And boy did I suck.
Jimmy was my trainer. He was 16, heavyset (which will matter here in just a moment) and this kid was so good he could sell reading glasses to the blind.
I followed him around for two nights and watched him pitch.
Smooth as silk.
He had no fear, built rapport immediately, flowed right into the presentation and seemed to be able to overcome just about every objection that came up. There was a reason they chose Jimmy to be the trainer.
Then on the 3rd night, it was my turn to go it alone.
I was incredibly nervous but felt I learned enough to become the top salesman for that night.
Door after door after door I screwed it up. I finished the night with a goose egg… that’s right – zero sales.
I remember thinking I would never have what it took to become the top salesman… or even get ONE sale. I almost quit.
But I persisted on and eventually, I got to the point where I could get through the presentations, overcome some objections and in some cases even make some sales.
There were 6-8 of us who they’d pick up in a big van, drop us off in different neighborhoods and then pick us up at the end of the night and we’d tally up everyone’s sales.
They ran a contest each night. Whoever sold the most subscriptions would win some kind of prize. It was usually something like $ 10 or a gift certificate somewhere.
Each and every night ended up with yours truly being disappointed because I literally NEVER finished #1. I got beat every night by the other kids. (Jimmy won more than anyone else by far)
Well, I may have sucked as a salesman, but I was hyper-competitive even back then. It pissed me off so bad that I got beat night after night I was thinking about how I could possibly win and become the top salesman?
Walking from door-to-door for 3-4 hours a night you have lots of time to think.
It finally hit me.
Jimmy, not being in the best shape, moved pretty slow. I was always a skinny kid and in pretty good shape.
I thought to myself, maybe if I RUN from door-to-door and just talk to more people, I can beat Jimmy.
So that’s exactly what I did. I started sprinting from door to door. Considering that half the people didn’t even answer the door, you can talk to a hell of a lot more people when you run.
And guess what started to happen?
Not every night, but every once in awhile, I would win the nightly top sales award.
I had found a way to become the top salesman for the night!
It felt so good!
Did I become the top salesperson on those nights because I was a better salesperson?
Obviously not.
Jimmy was way better of a salesman than I ever hoped to be.
I beat him, even though in comparison I sucked, simply because I talked to way more people every night.
When I got into network marketing, I sucked just as bad as I did as a newspaper salesman.
If you know my story, you know I struggled for 5 long and painful years. At one point I was homeless and sleeping in my little, red, beat up Honda Civic bathing in gas station bathrooms selling above ground swimming pools.
I may have been a little bit slow, but when I finally decided to get it through my thick skull that it’s simply a numbers game, THEN I started to win.
In the past 19 years, I’ve become the top salesman, the #1 income earner in three companies NOT because I’m the best closer, the best presenter, or the best of anything.
I became #1 because I worked the numbers MASSIVELY.
I got rejected MASSIVELY.
Sure, I’ve learned to master every major skill in our profession, but you can be the very best in the world and you’ll get beat ALL DAY LONG by the person who may have less skill, but is willing to talk to 5 times more people.
If you suck right now, remember this…
What you lack in skill, you make up for in numbers.
On a skill level from 1-10, I don’t care if you’re a 2 or a 3… You can still beat the person who is a 9 or a 10 if you’re willing to talk to 5 times more people.
And don’t worry, if you’re continuing to invest in yourself to learn the skills, you’ll get mastery fast if you’re willing to do the work.
So…
Go do the work.
If you want to discover the 7 specific strategies I’ve used to go from being a broke swimming pool salesman to creating 7-figure results in my network marketing organization…
Head over to 7strategiesbook.com. I just released my new book that acts as the starting ground…
The FOUNDATION necessary for achieving a high level of success.
If you want some advanced training on leadership
Feel free to hop over to LeadwithMatt.com. I’ve got some strategies there on becoming a powerful leader and recruiting powerful leaders.
I’d love to hear what your biggest takeaway was out of this in the comments below.
If you feel like this can add some value to some others, feel free to share it.
Take care.
If you’d like to learn how to impact others, check out this blog post.
Go Make Life An Adventure
Be sure to check out my Facebook and Instagram account for daily motivational and inspirational content.
Matt Morris #1 Best Selling Author of The Unemployed Millionaire
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partnering with these two eCommerce giants is that you don’t have to drive traffic.? These sites already have millions of buyers who are?already looking for your products.? Now you can set up your own eCommerce shop, but if you are new to eCommerce, I really recommend that you partner with one if not both of these giants so that you can learn the basics.? If you want to learn more about running an eCommerce business, click here to download my free ebook which will explain the basics of running an ecommerce shop.
Grab your free copy of my book! 
