In the last chapter, I talked about the success mindset and I started off with a light appetizer on choosing the right business model for you.
Now we’re going to go a little more in depth on different business models and how to pick the right one.
Picking a Proven Business Model
There are several business models to pick from, but not all of them are created equally.
As an internet marketing newbie, your goal is to see success as soon as possible.
Picking the right business model will help you do that but you also want to keep these two things in mind:
Focus on picking a business model that has been proven and people are making money from already.
Don’t try to re-invent the wheel.
You may be creative and have some of your own ideas, but right now is not the time to be experimenting with tweaking various methods or coming up with your own method.
You can start experimenting after you’ve had some success.
Again, pick something that has been proven to work already.
To get you started, here are some of my suggestions:
Affiliate Marketing- You don’t need to be a creative person or a genius to profit with affiliate marketing.
You’ll sell other people’s products and earn a commission for doing so.
All you have to do is drive traffic to your affiliate offer.
PLR- Either create or resell products/eBooks/articles that can be resold over and over again under your own name.
These are set-and-forget products that once created, you can keep profiting from.
These are just a few examples that I encourage you to check out.
Regardless of what you pick, remember to think long term.
What’s in it for your customers?
And are you providing them with value?
A Little More About Re-Inventing the Wheel
A common newbie mistake is to come up with some crazy inventive idea on how they can make money online.
There’s no proven formulation and they may not even have the exact steps figured out either.
Don’t do this.
At least not when you’re first starting out.
When you get a foothold on success, then you can start testing out your ideas in a separate venture.
Until then, focus on choosing ONE working method and sticking to it.
Ideally, you’ll pick a marketer that has already seen success with the method and follow through with that.
At the very least, if things don’t work out or if you feel like you’ve wasted your time, you can usually get a refund within the first 30 days.
Just be sure that you’re not taking the easy way out and requesting a refund because you’re too lazy or too impatient to put the steps into action.
Now you’re ready, to proceed to the next chapter.