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What are the 3 most important steps for a newbie, to build their first online business.

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asked Oct 9, 2016 in Mentorship/Training by power2 IBO Guru (2,250 points)

9 Answers

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SIMPLY 3 KEY Considerations for your Question:-

1. What KIND of Online Business? - Do you want to do Affiliate Marketing, i.e. promote other people's products and services? Or Do you want to do E-Commerce? Or Do you want to do Traffic & Ads Management? Or Do you want to offer your Skills Online? All these 4 required different skills sets and sometimes can be complimentary to one another. (This Webinar can help you - Message Me for FREE Access)

2. How Much TIME Do You Have? - Are you doing this part-time? Freelance? Full-Time? Or Some even No-Time! (Automated Pilot System)...Why does this matters? Online Business is a....Business. You need to spend time and effort and creativity to build your Online Business. Avoid Those Get-Rick-Quick Schemes. It is a Journey...Never a Destination

3. What is your PASSION? - Fundamental Question but many do not asked this clearly of themselves. Most started online business but loses their passion and purpose after a while...Why?....They simply lost their passion and purpose! As stated above, your Passion and Purpose will keep your Online Business going...even when you're making Profits! 

Ask these foundation questions - It will help you put in place the cornerstones needed to launch your online business.

For Your Success, Jay See

answered Oct 9, 2016 by jcasia IBO Specialist (22,020 points) 1 flag
edited Oct 9, 2016 by jcasia
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The Internet can be a very dangerous place for Newbies.

1.  Select 2-3 different Core programs you wish to promote.

Check that they pay Via PayPal.  If not stay well away from them.

Do a Google Search to see what other members remarks are.

2. Before even starting!

Make sure you have a G Mail Account with the security steps set in place.

I designed this training page for my down line at numerous sites I belong to.

Feel Free To Share It.

Never answer emails via links. Always copy and paste your urls to the Browser to enter sites. There are way to many fishing emails trying to steal members information.

3.  Start designing a down line builder Sales funnel.

Start selecting 2-3 new sites weekly to blast promoting our your Core Programs.

Do not go spreading your wings to far to fast.

Start with baby steps that will grow into giant leaps.

This is how I started years ago. 

I used commissions earned to open my own Traffic Exchange.

Using a Tracking tool is essential to keep track of what advertising is working and what is not.

answered Oct 9, 2016 by Maree Wells (870 points)
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1. Training - whether you're building an online or offline business you need to be knowledgeable about your area of business. You'll need to constantly be keeping up with your area of business by seeking training. You can find a lot of useful information just looking in online resources like Google. You will probably want to pay for training with a person or business who you feel can help you in your business.

2. Marketing - this is so important and is often the last thing people give thought to. Marketing is how you introduce your business to the world. Marketing is the ads you put out, the emails you send, the videos you create, the logo you develop, your customer service support line, etc. Without Marketing no one knows you even exist. You can implement your own Marketing Plan or you can look for help from a person or business that can help you with that.

3. Mentoring - find a mentor! This will be someone who is knowledgeable in your area of business. Having a mentor will shave off years of mistakes, trial and error, testing and so on. Having a Mentor to bounce ideas and questions off of is invaluable. You can find a mentor who will offer their knowledge and help for free or you might have to pay a fee. What's important is you have a mentor (you will most likely have several mentors in the life of your business).

Those are the 3 Steps I feel are most important for Newbie's who are building their 1st online business!

answered Oct 9, 2016 by GeraldWalker (230 points)
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Steps to starting an online business:

1. Plan your business

Like any business, you’ll need a plan. Your planning process should include thorough market analysis, plans for how you’ll fund product production, and perhaps a SWOT analysis to begin your planning process.

2. Write your business plan

Once you’ve done a bit of preliminary planning, it’s time to write your business plan. Unless you’re asking for funding from the bank, an investor, or have a similar “business plan event” coming up, you’re better off sticking to a lean business plan. A lean plan is quicker and easier to write, and distills your plan down to the essentials.

3. Register your domain name and set up your website

If you’ve chosen to set up your own eCommerce site outside of a platform such as eBay or Etsy, you’ll want to make sure your chosen domain name is available and ready for use. Once you’ve secured it, the process of setting up your business website begins. You can choose to outsource this to a professional, or DIY ...

4. Make it legal

There are a few steps you’ll have to take to make sure your business is legal. While generally speaking, the same rules apply for online businesses as brick-and-mortar businesses, there are a few subtle differences:

Read up on online business regulations

The most important distinction when it comes to doing business online versus in person is online business law. These laws regard the distribution of your customers personal information, as well as other privacy and intellectual property regulations. The SBA gives a thorough rundown of the specifics of online business law, so make sure to brush up on them before you start your online business.

5. Assess your finances

Starting any business has a price, so you need to determine how you're going to cover those costs. Do you have the means to fund your startup, or will you need to borrow money? If you are planning to make your new business your full-time job, it's wise to wait until you have at least some money put away for startup costs and for sustaining yourself in the beginning before you start making a profit.

6. Register with the government and IRS

To become an officially recognized business entity, you must register with the government. Corporations will need an "articles of incorporation" document, which includes your business name, business purpose, corporate structure, stock details and other information about your company. Otherwise, you will just need to register your business name, which can be your legal name, a fictitious "Doing Business As" name (if you are the sole proprietor), or the name you've come up with for your company. You may also want to take steps to trademark your business name for extra legal protection.

After you register your business, the next step is obtaining an employer identification number (EIN) from the IRS. While this is not required for sole proprietorships with no employees, you may want to apply for one anyway to keep your personal and business taxes separate, or simply to save yourself the trouble later on if you decide to hire someone else.

7. Build your team

Unless you're planning to be your only employee, you're going to need to hire a great team to get your company off the ground.

8. Brand yourself and advertise

A great startup idea won't do you any good if people don't know about it. Before you start selling your product or service, you need to build up your brand and get a following of people ready to jump when you open your literal or figurative doors for business.

A company website and social media profiles are practically essential for any small business in today's world. Create a logo that can help people easily identify your brand, and be consistent in using it across all of your platforms.

9. and... let's not forget! you'll need a GOOD Autoresponder Service

I recommend SMART i-AutoResponder with UNLIMITED Emails & SUBSCRIBERS

www.i-Autoresponder.com - UNLIMITED Auto-Responder Account for Life!

answered Oct 9, 2016 by ebest IBO Specialist (74,320 points)
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These will 3 steps will save you time doing your business online:

1. identify your target market

2.identify  a social media platform on which your audience hangs out.

3.Manage your time wisely by identifying activities that are productive or just being busy.
answered Oct 11, 2016 by quidec IBO Master (6,700 points)
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There Are Some Basic Answers,That Are Needed, Before You Join Any Affiliate Program. You Should Be Familiar With The Many Important Aspects That Your Chosen Program Should Have Before Incorporating Them Into Your Website.

You Can Read The Full Report On How To Choose The Right Opportunity, You Can Read My Press Release. 

To your success

iyengar

answered Oct 12, 2016 by iyengar IBO Master (8,260 points)
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Well based on my experience these are the three I recommend

1] Do a thorough research about a programme or area of interest before committing and getting fully involved in the programme.

2] You can choose to access training whether it be free or paid about the area of interest.

3] Utilize as many free resources online to learns to do's and the dont's about the internet marketing business before investing your cold hard earned cash in the business.
answered Oct 20, 2016 by garywelsh IBO Specialist (71,750 points)
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The three most important steps for a newbie and for anyone starting a business is:

1) Is it something that keeps you up at night? You are so excited about it that you can not sleep.

2) The opportunity does not cause you to question or go against your personal beliefs and integrity

3) Would you do the business even if you weren't getting paid?

Once those questions are answered, go for it. Even if it is a start up business, you will be able to handle the bumps along the way.

It ain't right. It ain't wrong. It's my opinion.
answered Oct 21, 2016 by ronsimplifiedmyers (680 points)
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1. First and foremost is finding the right opportunity in an on-line business.

2. Second is their COMMITMENT & DEDICATION,to their on-line business.

3. Third, A well planned marketing strategy.

With the combination of these three, they can not miss the ride.
answered Nov 8, 2016 by iyengar IBO Master (8,260 points)

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