How to Start an Online Business Around Your Passion

Starting an online business around your passion is basically an online sales job, you sell different products through different marketing methods like online advertising or Search Engine Optimization (SEO) To make a lot of money, the value of the product is very, very important.

How to start an online business around your passion?

And so it goes, while there are many products that you can sell online, there are only very few types of products that will make you money. Among professional Internet marketers, there is a consensus that so-called “evergreen” products are the best ones to market online. And what are “evergreen” products? They are products that will always sell because they fulfill basic needs and thus, are always in season.

These are products that fall under the following general categories: money, love, and health. People always want more money, more love, and better health. It doesn’t matter which part of the world they’re in, the needs are always the same. And so it goes, if you’re just starting out, make sure you’re promoting products that are “evergreen”.

With the right kind of product and some expertise in SEO or online advertising, you can have your first sale in less than a month.

Where can you find products to promote online? Two of the biggest product marketplaces are ClickBank and Markethealth. Obviously, with Markethealth, you will find health products for different health conditions like warts and hemorrhoids, although you can also find beauty products like eyelash growth serums and weight loss supplements.

On the other hand, ClickBank is the place where you can find information products like dating guides. You can also find finance-related products like Forex robots. You need to sign up with those ClickBank and Markethealth as an affiliate before you can start promoting.

Aside from the products mentioned above, you should also consider promoting niche dating sites. People are always searching for love online. Depending on a person’s taste, there are dating sites for bisexuals, bikers, military personnel, STD-infected people, etc. Simply do a search on Google for “dating sites affiliate program” and sign up as an affiliate.

7 Signs You’re Not Ready For Online Business Success

Dot.Com or Internet businesses started going main-stream in the early 1990’s and between 1995 and 2000 internet stocks were selling at multiples of their book values. Most of the Dot.Com companies had nothing tangible to justify their Mount Everest-high prices. It didn’t take long before the market started correcting itself and by October 4, 2002 the NASDAQ index had crashed by 76.81%, to 1,139.90, from a peak of 5,084.62 recorded on March 10, 2000..

Since the burst, the Dot.Com business had separated the men from the boys with valuable lesson learnt. Many of the boys went home to their parents to lick their wounds while the men started searching for the keys to online business success. As a matter of fact, no one key to online business success was found as internet business was a brand new territory. So it became a matter of trial and error to find out what worked.

In 2012 Rich Schefren released his much-acclaimed Internet Business Manifesto in which he advised Dot.Com entrepreneurs to approach every aspect of online business, from list building to product development and sales, strategically rather than tactically. He particularly noted that technology is an enabler and the whole focus should be on developing structures and building relationships rather than looking for tactical advantages like trying to outsmart the algorithms.

Since the Dot.Com crash, many online entrepreneurs have figured out what works and what doesn’t and the internet is producing millionaires in record numbers in assorted niches and sub-niches. One of such millionaires is Russell Brunson, the author of three best-selling books: Dot.Com Secrets, Expert Secrets, and Traffic Secrets. These books are definitive guides on what works online. If only to note in passing, as at the 2020, Russell Brunson’s net-worth was estimated at $41m; a figure he built over 15 years.

Scott Cunningham of Social Lite not long ago pointed out that online entrepreneurs go through three phases: the crawl phase, when you’re making less than $100,000 per annum, the walk phase when you’re making between $100,000 to $1m, and the run phase when you’re making over $1m. It is at the crawl phase you need the most learning.

For those of us in the crawl phase, it’s important to note that, just like anything in life, online business has its own guiding principles. Those who succeed in a big way online follow these principles. The opposite is also true for those who fail. As Russell Brunson and other internet business experts would readily advice, do what works. Don’t try to reinvent the wheel.