Starting Your Business for Making Money Online

Many people say that it's quite easy to make money online. The statistic however is that about 95% of online businesses fail. A lot has to do with mindset in terms of determination, learning ability and developing a certain business sense. This could be due to a number of reasons stemming from the pressure of data overload to discouragement from losing money early in the process. Lets look at a simple step by step procedure that could start making you money tomorrow. This operation works with no website and very little knowledge. 1. Get a domain name. This costs around $9.99 per year or even cheaper. Just do a web search for the words "domain name provider". 2. Get an affiliate account with an online publisher of Ebooks, it's free. 3. Find a product to sell. These are many digital books on the web to choose from. There are many topics covered and you will find that affiliates give you a very good share of the profits when you sell one. (Affiliate means that someone else has created a product, website and purchase function. They track the sale by your affiliate link and pay you commissions based on that link.) 4. Forward your Domain name to the affiliate link of the product you want to sell. If you call the help line, of the domain name provider you choose, they will talk you through it. It should only take about 15 minutes to make the change and from minutes up to 24 hours to take affect. 5. Purchase leads from a reputable supplier or look for free add opportunities online. NOTE: Many say not to buy leads due to the threat of spam so make sure the company is reputable. This is a very simple way to start your operation. A second method you may consider is getting into an established business that has a website for you and have already done all the work for you. Many online businesses come with a established procedures but I believe the best companies offer mentoring programs. Mentoring is an important aspect for success in the online world. I have personally experienced down periods when trying to do it alone so the mentoring aspect to me is crucial in making a go of it online. A third method is learn HTML and create your own website. I've talked about using other peoples products above but you may just want to create your own information booklet and sell it. People want information and if you provide it, they will buy it from you. Getting your information to the people who want it will be discussed in my next article. Here's to your wealth