Ready, set, go! Congratulations, you just started your first business. Oh, you missed it because it happened so fast – let me slow it down for you a bit. First of all, in order to start any business – online or offline – you must have a passion for it. The reason for this is that all business is tough and you will face ups and downs. If you don't have a passion for what you are doing then the down times will get the best of you and you will be just another statistic. Trust me on this one because it took at least a dozen failed tries before I finally realized that it wasn't the business that failed it was me. I was expecting the "lotto business" where all I had to do was put up a website and the money would come. Well, that's not only wrong thinking it's stupid thinking and while you may get lucky it really comes down to the formula of
Passion + Proven Business Model + Execution of the Plan = Success
If we fail to include any of the above parts we will most certainly fail unless we just get lucky. And even if we do get lucky the real problem is that we didn't follow business principles and if adversity strikes our business we won't know how to overcome it because we didn't follow a plan the first time! Okay, I diverted a bit but lets continue to the steps that you can follow to start your online business today.
With a passion in hand for a particular market it's time to find a proven business model that serves that market. Let me caution you that there are many unscrupulous, "so called" gurus on the web today and most have the sole purpose of separating you from your money as opposed to providing real value. Make sure that whatever model you choose has a trial period (low cost or free) so you can see what's going on before investing any real money. If you have any questions about a particular company I may be able to help. Just send an e-mail to Todd@MLMLeadFormula.com and I'll be happy to respond. Trust me, I answer every e-mail that comes across my desktop
The great thing about the internet is that there are literally thousands of business opportunities that are just a mouse click away. If you want to be involved with a tangible product then you will find a model to follow. If you want intangible information you will find a model to follow. If you want it it's there if you know where to look. I highly recommend that if you are just getting into this business that you don't try to do it on your own by creating your own product, website, etc. You need to see how someone else is doing it first and can then duplicate their efforts and substitute your product
With your business model secured you will have a plug in play, franchise-type system that will almost always include a website of your own. In a later lesson I will tell you why you need to have your own website too (e-mail me if you have a question on this) but for now I'm speaking to those who are just getting started in this business. This website is your gateway to the world. It is your storefront.
Going along with your personalized website will be training. If your business model doesn't supply an affiliate website and online training then this is NOT a good business model – period. Go no further with this company and give them no money. Trust me on this. Assuming those two items are in place then your job is to take any and all training that is offered. And, if you are serious you won't just take it once but several times until it sticks. You should be able to explain to a complete stranger "what your business does" and "how you get paid doing it". If you can't explain those two items then take the training again. Remember, until you understand it you won't believe in it which means you won't hold on when times are tough – you gotta believe!
In the next lesson I'm going to focus on the importance of execution as well as dealing with success. Both are just as important as passion and a proven business model. If you have questions or comments on this course feel free to e-mail me: Todd@MLMLeadFormula.com