The Best Way to Start an Online Business - Wealthy Affiliate (WA)
The word "Internet Millionaire" is widely used in reference to people who have made fortunes online. Many of us who have searched the Internet hoping to find ways to become wealthy have read stories about people, often very young people who went from rags to riches using the power of the Internet. These success stories have drawn millions of computer users from all over the world to "dig for gold online."
However, as we read about online success stories, we also read about many failures and frustrations, we read about thousands who have lost significant amounts of money due to scams and other online crooks. In fact, those who never make money online widely outnumber those who have been successful; to the point where some of us have been wondering if it's really possible to make money online. Thousands keep wondering if there is really a good way to start an online business.
Removing the Guess Work
Starting a business is a dauntig task, whether it's a traditional business or an online business. A business is complex because it requires many things, and at the same time comes with many unknowns. Typically you first need to have a business idea, then you must figure out how to bring your idea to fruition. Levels of complexity will vary with each idea. Once you have a business idea you need to know who you are competing with. You will need to know how to get such information. If you live in a small town and intend to operate a traditional business, it may not be very difficult to identify your competition; but on the Internet there are millions of businesses. How do you identify all your competition online?
How do you intend to market your product or service? In a traditional business the location you chose for a business is very important. It is essential to setup shop in a place where your business is visible and easily accessible. That alone will reduce your need for advertising. However, the storefront of an online business is a website. Building a website is not of any value if nobody can find it! No matter how well designed your website is, it will be of zero value if potential customers cannot see it. You need to know how to put your website on the map!
How do you intend to ship products to your customers, and provide customer service? We often assume that once we have a nice website up and running, sales will start rolling in. But let's not fool ourselves, because this is not the case. There are millions of people out there trying to do exactly what we are doing - make money online. Having mentors, education and the right tools is a crucial aspect for navigating those waters.
Minmizing Risk
One of the main reasons thousands have fallen to online scams is because people are in a big hurry to get rich. Once they read something that appears workable and promises fast money they go for it. It is important to understad that there is plenty of hype on the Internet. People easily buy into hype, until they become victims. As the saying goes "once bitten twice shy."
Nobody wants to be a scam victim. But as an online business owner you also need to be able to assure potential customers that you are not a scammer. Wealthy Affiliates gives everyone the opportunity to open a free unlimited account, that enables you to get a good feel for the System. Other such systems only offer a few days of free trial, never enough to really assess what you are getting into! With WA you get an unlimited test drive.
Finding the Right Platform
Tools are required to design and promote a website. You don't want just any tools - you want the right ones. There are thousands of different tools for supporting an online business. It's easy to get mixed up with the different vendors. Many only offer one or two important tools. Don't find yourself hosting your site with one vendor, then having to go elsewhere for training resources, and somewhere alse to find affiliate programs to join, etc. Wealthy Affiliates provides all the tools needed for success on a single platform. No need to wonder how to integate tools from different sites. All tools of the trade are available in one spot for WA members!
Training to be a Pro
According to PayScale.com, a compensation platform in the United States that helps employers and employees understand the right pay for every position, the current average salary in the U.S. for a person with a Bachelors degree is $61,000. Variations depend on the company, the city, the actual position and the major of the degree holder. When analyzing the numbers most degree holders are not likely to earn more than $120,000, even after more than 20 years of service; unless they are medical doctors or lawyers. Without getting into unecessary details we can notice that the average degree holder starts a career earning about $5,000 per month. Whereas a seasoned worker with decades of profesional experience may be earning around $10,000 per month - and that's an achievement.
Let's now consider the number of years one spends in school to get a bachelors degree. Unless you are one of those geniuses who started college at 13, you will spend about 16 years in school beginning from elementary school.
How much time do you need to spend learning about Internet Marketing before you can make a $6,000 per month from your online business? Education is the key aspect to any traditional career, likewise education is the key aspect for online success. The main difference is the time requirement for proficiency. A year of consistent and regular education/training is enough to equip you with the skills to become a top earner online. It's like being in a position to acquire enough skills and knowledge to earn a living afer first grade! This is ony possibe in the Internet world.In addition, the cost of WA education is a small fraction of what you will spend for any degree program.
Regardless of educational background any motivated and persistent person can gain enough skills in a year to start earning a decent online income. If you read resumes or backgrounds of top performers on WA, you will notice that many are ordinary folks who did not necessarily spend years in the academic world. Running an online business is not rocket science.
Unfortunately, the hype about overnight wealth gives many people the wrong expectations. People are not prepared emotionally and mentally to plan for a year worth of training before they can truly be successful. They want to start a business today and be wealthy yesterday! This does not imply that you cannot earn money online before a year of trainiing, but it is meant to emphasize the need for good training. I made my first sell on WA on the same day I went premium! So you can start making money from day one, but don't expect the big bucks before you have learned a good deal of Internet Marketing. And that takes time.
Now here is the great thing about WA when it comes to training. Wealthy Affiliates offers a tremendous amount of training available in a single place. Besides the five level certification course there is the "Training HQ" which holds loads of trainng! If you have researched other programs out there, I challenge you to find any system that comes anywhere close, unless they are charging an arm and leg. The opportunies for learning from successful entrepreneurs on an open platform is significant a bonus.It is like having access to hundreds of mentors in one spot! Getting to interact with real people who are killing it online is such a great motivational factor, and you get to see what they are doing. You can identify a group of successful entrepreneurs and replicate their strategies for your own benefit.
If preparing to enter the workforce takes at least a decade of education, why should I be hesitant to spend a year or two training for online success?
Time to Launch
During the California gold rush (1848 to 1855) most of the gold diggers didn't make any fortunes. They spent time, energy and money to no avail. In fact, the ones who supplied them with clothes, food, water, pots and pans are the ones who really made money. Levi Strauss was one of the entrepreneurs of that era who saw opportunity in the gold rush by making durable trousers for miners instead of digging gold. Today there are millions out there on the Internet who are like the California gold diggers. Scrubbing randomly to no avail. Don't become one of them. Your understanding of Internet Marketing and the related tools is what will set you apart from the crowd. Put your act together and learn how to strike gold online. Be focused and take every opportunity to learn how to rise from your mistakes and march on to success!
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