There are many different online businesses that you can create and in this blog today we are going to look at a couple of different types.

The first kind of businesses that you can create when looking to create an online business would be a website which serves a particular niche in the market. Many people have done this and this is often done by trying to find an under served niche, building a website, and then profiting off of this small but profitable match. Check out this great site to find more information on this particular topic. Here the author has created a website which finds under served niches which you could potentially build a website around. When you’re building a website, you’re going to want to find cheap keywords that you can use to help build your business as well as create good content. By creating the content and then creating back links between yourself and other websites, you’ll be setting yourself up to have a high page rank with Google. By using AdWords to bring traffic to your website and then also developing your natural search engine traffic through building up a website, you will have built yourself a very solid business. This is just one way of creating online business.

Another way to you can build and create an online business is through eBay. This is an area which was particularly hot several years ago and still remains a solid business proposition. Many people are able to make a full-time income on eBay. You will need to find a wholesaler where you can get products at a discount to sell on eBay. The general idea when working on selling on eBay is to find a drop shipper. A definition of a drop shipper is a wholesaler sells you a product and will ship the product to a customer. You will buy the product at the wholesale price and then make money on the difference between what you buy the product for and sell the product for on eBay. Using the wholesaler allows you to focus on selling the product without worrying about stocking the product. You do not need to worry about any sort of shipping or backend but you will want to make sure that everything gets sent out. If there are problems with shipments, the customer will be coming back to you and not to the wholesaler to. If you go to World Wide Brands, you will find one of the best wholesale shipping directories on the Internet.

These are two of the different ideas in creating an online business. There are many ways to make money on the Internet but these are two proven methods. You will not have to use a lot of money up front to create these particular online businesses and these businesses can be something that you will have great deal of success with.

That’s all for this week, check back again next week for more advice.

Until then,

Allan Poole

Today’s success tip comes from Avril Henry.

In 2006, Avril won the prestigious, much sought after Lifetime Achievement in Human Resources Award at the Australian HR Awards. She has been a finalist in the Best HR Director and Sydney Business Review Businesswoman of the Year, and nominated for Telstra Business Woman of the Year on four occasions. She now works in Sydney and owns AH Revelations. Avril continues inspire 100’s of business owners every year.

What challenges did you face when you went out on your own and started a business?

Self-belief and the fear of failure! These were my two biggest challenges. I knew I had the experience, reputation, contacts and networks, but for the first few weeks I kept asking myself, ‘Have I done the right thing? Can I do this? Will it work? Can I earn a living by building a business that makes a difference?’

I received my first paid speaking engagement two weeks after I started the company and I am delighted that the business has grown by 50 to 60 per cent each year!

While I say that I was afraid of failure, I have always believed that the worst thing that can happen when you try something new is that you fail. In the beginning, I was more concerned about whether failing would have an adverse impact on my professional reputation, which I am proud of.

Another challenge was building a business through the use of referrals only - this was a conscious decision that I made. I started by working with people who knew my work, doing pro bono presentations and various mentoring assignments. This was a good strategy as it gave people who did not know me the opportunity to see me in action as a presenter and facilitator. This ultimately led not only to a better reputation, new business and clients but, more importantly, repeat business.

Thank you for joining us once again at iLifestyleClub.com with this week’s success tip. I hope you enjoyed it and learnt as much as we did. Check back again next time for more tips on successful living.

Until then,

Allan Poole

Today’s success tip comes from Adam Davis.

At the age of 20, Adam has grown his consultancy into one of the most recognised traffic generation consulting services in the world, with over 500 clients in four countries. He has spoken in front of crowds of over 1,500 people in Singapore, Australia, the UK, Indonesia and Malaysia on how to effectively send traffic to any website and make a profit.

What is the most important thing you have learnt about succeeding on the internet?

As funny as it may sound, the internet itself has very little to do with whether or not you become a successful internet entrepreneur! Instead, it is about who you are and the mind-set with which you approach the concept of the internet. In order to succeed you need to stay focused and committed to both the immediate task and the long-term vision.

But perhaps the most important thing I have learnt is that the internet is nothing more than a medium; one that can distract a potential entrepreneur to the point of destroying their business. Let me explain:

The very nature of an internet-based business means that you will often spend long periods of time in front of a computer screen (unless you have employees to do this for you). There’s little interaction with people and it can become distracting if you do not have good motivation and concentration.

It is not uncommon to have wandering thoughts about random topics far removed from your business. Your unfocused mind tempts you to Google irrelevant topics and then you start following links. Before you know it, you’ve wasted many hours that could have been spent furthering your online business and increasing your profits. You then fail to approach your tasks with as much enthusiasm and vigour as you previously did, thus starting a downward spiral that can spell the end of a potentially successful internet entrepreneur.

My work has allowed me to witness people succeed and fail with their internet businesses. Based on my experience, I have learnt that the most important ingredients for success are:

* determination

* motivation

* focus

* clarity.

To succeed as an internet entrepreneur you need to be completely committed to your business and determined to succeed regardless of the obstacles that befall you.

Tune back next week for more success tips.

Take care,

Allan Poole

Today’s success tip comes from Amanda Clarkson.

Discovering the power of eBay in early 2006, Amanda dove in headfirst, immersing herself in the subject of eBay and soon mastering the powerful online retail platform, becoming a Platinum Power Seller within nine months of starting. This became the basis for her second business, You Won The Bid Ltd, which currently delivers eBay courses all over the world.

With millions of products on eBay at any one time, what are your top tips for making your products stand out from the crowd?

1. Make sure you use the right keywords in your ‘listing/description title’ so that buyers or bidders can easily find you.

2. Make sure your product is listed in the right category. You won’t believe the amount of sellers who get this wrong.

3. Make sure you point out all of the benefits of your product and not just the features.

4. Remember, you’re in the business of story-telling when you sell on eBay. If you can wrap a good story around your product and yourself, you’re far more likely to get more bids. People relate to stories.

5. Become an expert in your category. People love to buy from sellers who really know and understand the products they’re selling. If you do this right, you’ll stand head and shoulders above your competition.

6. Understand that buyers are looking for an experience when they shop on eBay. Don’t copy what 95 per cent of sellers are doing. They’re not necessarily right!

7. Remember: the sale only begins when you’ve made the sale. It’s the after sale service that will make or break your business.

Tune in again next week for more great tips.

Until then,

Allan Poole

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