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Lucrative Entrepreneurial Ideas. The #1 Secret to Money Making Success.
I’m about to share with you the common thread that ties together all successful entrepreneurs. This single trait launched the businesses of Microsoft, Intel, Hershey, JP Morgan, Amazon.com, Nike and so many others.
It’s not anything you’ll be taught in Business School, it has nothing to do with accounting, and it doesn’t even have anything to do with what you’re selling or how you’re selling it. I’ll sum it up in two words:
GET STARTED!
That’s it! It’s laughable at first, but the more you think about it, the more it makes sense. It’s the missing “million dollar” idea, hiding in plain sight. We hear variations of this all the time: A journey of a thousand miles begins with a single step.
Think back to your first writing classes in school. How were we taught to write a paper? First we start with a basic outline – that’s our money-making idea, whatever it may be.
Next, we make a rough draft – that’s right, we start working on something that we know for a fact will be imperfect. Finally, we use our rough-draft as a basis to begin revisions, eventually ending up with a final draft, the “perfect” version.
Planning for tomorrow is a sound business strategy. It’s good to spend time thinking about the future, and how to handle the challenges it will bring. But, if we want to succeed, we must create the future by taking action today.
We can’t possibly predict everything that might happen once we start doing business.
Microsoft started out selling programming software. After a few years, an opportunity presented itself to sell a computer Operating System to IBM, and they took it.
The result was MS-DOS (which they didn’t even create themselves, they bought it from someone else when they saw how much money they could make!), followed by Windows; quite possibly one of the most lucrative products ever.
If Bill Gates and Paul Allen, the founders of Microsoft, had sat on the sidelines of the growing computer industry thinking “programming software is an OK idea, but it’s not perfect, there really isn’t a big enough market for it…we need something better”, would they be where they are today?
Would IBM have given them that golden opportunity? Not likely.
Training will be taken down at any time due to High Demand for this product.
Affiliate Marketing in conjunction with well known companies, such as Clickbank, can be very profitable and rewarding. Your payments are guaranteed every 2 weeks and is entirely up to your Marketing Efforts and Abilities on how much you get paid. I also bought into and highly recommend John Crestani’s Super Affiliate System (SAS) for Affiliates.
Did Michelangelo’s sculpture of David emerge from a single tap of a chisel upon a block of marble? No, it took Michelangelo over 3 years of effort to release his masterpiece from the stone, one tiny chip of marble at a time.
It probably wasn’t very pretty after only 1 month, or even a year. But years of careful improvement resulted in a classic work of art.
I hope I’ve made my point. Do something. Do anything! If you do something, and the result isn’t what you wanted, what’s the worst that could happen?
You either have something to improve upon, or you have a very good idea of an approach that doesn’t work (think of it as addition by subtraction…the process of elimination). Either way, you’re one step closer to success than you were before you started.
Go for it! Give it a shot! Your financial success is waiting for you, go and get it! Get Started Today!
Incorporation
To begin with, it is beneficial to incorporate your small business for many reasons. The main advantage is the protection of personal assets that is offered.
Under this setup, business owners property cannot be a target of lawsuits or creditors. Also, corporations are taxed at a lower rate and credit ratings are established for the corporation, not based on the individuals rating.
Lucrative Entrepreneurial Ideas
There are websites that offer secure application forms for incorporating your business in as little as 10 minutes. The information you will typically need in order to complete the form are the state you are incorporating in and what type of corporation you will be establishing (e.g. Basic Corporation, S-corp, or LLC).
Tax ID Number
Next it is necessary for new business owners to apply for a Tax ID number, also known as EIN (employer identification number). This is the nine digit number that is assigned by the Internal Revenue Service (IRS) to any type of business entity (corporation, sole proprietorship, partnership, etc.).
The Tax ID number is used for tax filing, business, and banking purposes, as well as for the identification of your business by various federal agencies. Again, this is a quick process online it can be done in about 5 minutes.
Small Business Loan
If you need funding for your small business, you will want to consider applying for a small business loan online. The process is simple and quick. For this type of loan, there is not usually extensive documentation required and reputable firms do not charge application fees.
Also, you can typically find out if you qualify for an unsecured loan (no collateral) or a line of credit usually within a day or two. If you do not want to risk your personal assets and are in the market for a funding between $10,000 and $100,000, this is the avenue to take. It is however important that you have a good credit history and also be sure to apply with a trustworthy company.
Conclusion
All in all not only are these processes simple and quick, but they greatly reduce since margin of error since you are filling out your applications directly online.
Affiliate programs are making a wave in the Internet industry. Its very easy to set-up on any website. Just paste on the provided codes of the merchant site you choose and you’re good to go.
You would be earning commissions for every click or for every sales that you direct from your website. Most affiliate programs don’t require any sign up fee at all. So for something that you get for free, not to mention maintenance-free as well, its something definitely worth giving a shot.
Earning hundreds of dollars through affiliate program is very possible and not just all hype. You can search for different affiliate programs you can find on the web.
To get you started, try to choose one affiliate program that you can try at: http://www.agreataffiliate.com. This site is a niche directory of affiliate programs giving you options and other helpful links. Choose a merchant that is appropriate for the site that you currently have.
It also best to weave Google ads to your website to go with the affiliate program you chose to maximize your profits.
A lot of people already joined in the bandwagon of entrepreneurs and discover their own pots of gold on the Internet. With the onset of push button web publishing, large-scale companies and small businessmen are breaking through into the Internet market fast and easy.
Its relatively simple to set up a site on your own; a little technical background is sufficient. There are ready-made templates you can use and in less than an hour you already got a site up and running.
If putting up a website is too much of a hassle for you, then you can have some web designers to do the dirty work at a minimal fee. Your investment would pay off in the long run.
If your business is doing good offline, you can increase your wealth base by an incredible amount by building your presence on the Internet. Alternatively, if you don’t have a business yet, the best place for you to start is on the Word Wide Web.
Its by far the cheapest advertising tool that you can have plus you get to have global exposure.
Now the biggest question is how can you make money on the web? There are hundreds of ways, and the single most powerful strategy of them all is to build an affiliate program to promote and kick sale for your products and services.
Lucrative Entrepreneurial Ideas. What’s an Affiliate Program?
An affiliate program is a marketing technique initiated by Amazon.com CEO, Jeff Bezos in 1996. The main concept is to build a network of websites, aside from you own, to promote your company.
These sites will then post links and banners of your merchant site. When visitors click on your ads, they will be directed to your site, now that’s time for you to do your thing and close the sale.
Your website should be convincing enough to hold the attention of your potential client and eventually get them to try what you have to offer. Your affiliates will get paid for every referrer that you managed to close a sale with.
You can also offer a certain amount for every visitor they direct to your site, also referred to as pay per click.
Lucrative Entrepreneurial Ideas. How to promote your affiliate program.
Have a strong content
As with any other website, content is very important to drive in traffic to your site. Add in useful content that readers would find beneficial and in turn would entice them to visit your site more often. In no time, they would definitely buy what you offer.
For instance, if you have created an affiliate program selling air mattresses, add articles about its history, design, engineering and the comfort it brings.
These articles will not only serve as selling tools for your site but would also be very useful for your readers. Plus, getting useful content and optimizing them for search engines would give you a good standing on page ranks.
Choose your affiliates wisely
You don’t just scatter your affiliate links all over the Internet to anyone who wants them. They key here is to promote your site to your target market through your affiliate program. You should meticulously choose your affiliates.
The visitors of your affiliate site should be interested to what you offer as well, thus clicking on your link. Following the example above, if you are selling air mattresses, get affiliate websites about beds, sleeping disorders, or even about gift ideas.
Provide attractive banner links
Banners are attention grabbers compared to text links. How you represent your website and the product/ services you offer is represented in your banners ads. Keep them eye-catching and enticing enough to get visitors to click them.
There are cheap banners ads that can go for as low as $5. Alternatively, you can also try other selling techniques like fly-in ads, moving ads, and pop-ups.
Submit your website to affiliate directories
If you want more people to join in your affiliate program, it is important to submit your website to directories. You will get a better response if you narrow down your positioning on the Internet and post your website on affiliate directories instead of the general directories.
This website have a list of affiliate programs categorized accordingly. Website owners will surely drop by the site to check out new affiliate programs that they could put up in their site.
Niche directories are very powerful in building your online presence, thus, making your website get more traffic and consequently, sky-rocket your sales.
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Blogs and RSS feeds are great marketing tools! Now, if you’re like me, you’re probably scratching your head and saying, “Wonderful, but what in the world is a blog, and what the heck does an RSS feed?” Let’s make it quick and simple. Entrepreneurial Ideas for teens.
A blog is basically a journal or diary that is kept online. It changes every day as you add new content. An RSS feed is a little more involved. RSS (usually referred to as Really Simple Syndication) is a means to publish regular updates to web content.
The content itself is known as the feed. In other words, RSS feeds are a great way to get information that changes often (for example blogs or even news headlines) out on the web to an amazingly large audience.
Now to answer the question, why should you use blogs and RSS feeds? Numbers, numbers, numbers! Let’s think about it. When more people view your site, you will make more sales – obviously.
Of course, the trick is to get them to your site. While you sit there reading this article, there are search engines silently exploring cyberspace for new or updated web content. Aha!
When you update your blog and use RSS feeds, your new information will be noticed by these tireless search engines and published across the World Wide Web. Hey, it’s free advertising, right? Entrepreneur ideas for kids.
Anita was excited! She finally had her own website and an e-book on the market. Her enthusiasm was a source of amusement to her friends and family. Every lull in a conversation was an opening for Anita to discuss her new entrepreneur ideas for women.
Though Anita netted a lot of good natured eye-rolling and teasing, she knew they were all proud of her. It wasn’t long before Anita’s enthusiasm began to wane. After all, what good was an e-book if nobody bought it?
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She’d tried buying email lists and sending advertisements out, but it didn’t seem to earn any profit. Why? Spam filters, like virtual pac-men, were gobbling up the emails that Anita sent. In reality very few were ever even opened.
Have you, like Anita, been frustrated at the lack of web traffic your site receives? Follow the example of hugely successful sites like Yahoo!, CNET, ABC News, and Amazon.
Get on the RSS feed band wagon and share in the success. Join the masses of bloggers who are posting personal and professional blogs. Write your way to success.
Don’t be left behind with an empty bank account, when you could be enjoying huge profits!
If this sounds too easy for such an intricately technological subject, that’s because there are people who have done the hard work for you. In fact, blogging and RSS feeds have been made simple for even the most technologically challenged.
Need proof? Go to Internet marketing online – You’ll discover a simple plan to incorporate blogging and RSS feeds into your marketing plan. You’ll discover a brand new marketing technique that will astound you with the increase in profit your website will net.
Quite a lot of your competitors including you are promoting the exact same program. Here are some entrepreneur ideas online that you may think about in order for you to stay in this business and have the chance to outwit and outplay other competitors of yours.
Have your own website. It is fundamental for you to have your own website. Potential customers primarily go to websites in order for them to search and sometimes purchase items they were looking for.
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It is much easier to remember than a certain URL that you may be using and you can just point your visitors to the affiliate page in your website.
Another thing to remember is to have your own ad. A lot of times affiliates marketers have published the same ad two or three times. Make your own ads.
This way, people may not become immune to ads, because sometimes seeing the same ads over and over again, may just make your potential customers to just skip it all together.
Besides, your first and foremost purpose is to attract or encourage people to click and read your ads and be curious enough to click through your website.
Have some products of your own which are only available through your website. Once you have your website going, it is vital to have some products or services that your customers can’t find with other affiliate’s site.
Build a strong relationship with people who buy your product. In order for you as the marketer to fully answer the query of your potential customers, it is best to try and buy the product by yourself.
With this particular view, you can better sell the product that you are trying to market. You can share to your potential customers the experience you had with the product, and this can make them interested enough to buy the product.
You may also be able to give support if necessary, or you may offer a confident tutorial or steps on how to use the product based on your personal experience. Entailing this idea is to be totally truthful about the product that you are trying to sell.
If you find out that the program you were promoting is a scam, stop promoting it and inform your readers about it. This will help you build trustworthiness with your lists.
Admitting your mistake will boost your reader’s confidence in you. Finally, please don’t try to market everything you see.
Try to promote a certain product, which conforms to the specifications measured through indications of customer-satisfaction, rather than indicators of self-gratification.
It’s the customer who decides what to buy and not the company or the affiliate marketer, the company only produces products catering to the needs and wants of their chosen market sector.
Affiliate marketing is a great way to earn extra or even part time income. Nevertheless, it won’t happen overnight. Like everything else in life, you’re going to have to put a lot of work into it, to get a lot out of it.
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Training will be taken down at any time due to High Demand for this product.
Affiliate Marketing in conjunction with well known companies, such as Clickbank, can be very profitable and rewarding. Your payments are guaranteed every 2 weeks and is entirely up to your Marketing Efforts and Abilities on how much you get paid. I also bought into and highly recommend John Crestani’s Super Affiliate System (SAS) for Affiliates.
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