How to get started with an Internet Business: The basics

Following on from last week, QSC

Hi, now in The Quick Start Challenge week two and how hectic everything has been outside of the course. The trick is to get started, and continue with your vision. This week had a different aspect to it, in some ways something you would not necessarily consider at this stage of your business. But, is worth reviewing at regular intervals, see further on.

What has been the challenge this week?

This weeks personal challenge has been getting he details of the service sorted out. Such things as the actual order of service, content and images approved by family members. Whilst completing the day job duties, quick discrete phone calls as necessary.

One problem was the music, identified the piece but it was not a ‘public’ recording – alternative had to be found.

Week 2 of the QSC

Week two turned out to be something different, but never the less fundamental for you in setting up your business. An open question ‘Why are you doing this’ and ‘What do you want out of it’. You need to be able to answer these questions:

  • Why you have started building an online business
  • What you want out of your business
  • What is your dream life
  • What is your monthly income goal to make it happen

Giving serious thought to the answers to these questions will give you the insight and wherewithal to overcome the hurdles in front of you.

Lets have a look at these questions.

What is the dream life?

How would you like to live? Where would you live? What sort of house do you want?

The answer will be determined to a certain extent, by your circumstances. Possibly for a younger person they may be able to move anywhere in the world. They have no current ties and have a lot of freedom of choice.

Whereas for an older person would perhaps have family ties, and would want to stay near to children and grandchildren. Their current house may even be adequate for their needs, and looking perhaps to have a better or more modern car.

Why I have started an online business?

Are you looking for a part time job? Giving up your current job?

That is do you want to supplement your income, or have a business that covers all your costs.

Or want to work from home, having spent a lot of time away from home, and got fed up with all of the travelling etc. One of the commonest reasons for starting their own business is to be your own boss.

What I want out of this business?

This question is answered in part by the above. The ability to live my dream life. But, fundamentally I want to live my life. To have the freedom to travel when and where I want to (working for a company means having to follow rules about having time off etc).

What is the number (monthly income)?

If you just plucked a figure out of the air then you might say 10,000 per month, or 100,000 per year. This figure would have no real meaning to you as there is no basis for it.

Once the above activities have been carried out properly thenĀ  the number can be properly calculated. The number then has more significance and a personal meaning.

Having done the research for the above you would now have a good idea of how much you would need to fund this life. Your number is the amount you need to make to live your life.

If you are looking for physical things, then put up some pictures/photos of what you desire near your computer

The Internet Marketing Evolution

Dean then gave us an insight into how Internet Marketing has evolved over the last decade. The reason why affiliate income has decreased and the subsequent drop in income.

Prices have dropped to a tenth of a decade ago.

A tripling in advertising costs.

More about this in a future blog….

This weeks challenge?

This weeks challenge is the Quick Start Challenge Week 2 Challenge, what is your number?

Have to go now, until next time…..

Leave a comment below….thanks

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