Searching for the best online business ideas is a good way to make your transition from employee to entrepreneur…
However, becoming an entrepreneur is never easy if you’ve been stuck all your life as a hostage employee, as there’s always a learning curve. And most of this is simply getting out of the mindset of trading time for money, and into the mindset of giving more in value than you take in financial gain.
But that mindset transition will send you into taking control of your life in a way you never believed were possible.
Of course, the best online business ideas will enable you to achieve a way higher level of income than you could ever imagine when you compare it to working as an employee…
So where’s the “meat and potatoes”?
OK… here’s a 5-step formula to follow to make sure that the choice you make can teach you how to run a successful business online and give you enough space to transform your mindset from employee to entrepreneur:
The Best Online Business Ideas Contain a Means for Viral Sustainability…
“Viral sustainability” means that it’s a business that is sustained by the efforts of other people. For online marketers, it’s turning one lead into two or more.
Consider these guidelines for the best online business ideas..
1) The best online business contains a valuable product with nothing to ship.
What do I mean by that? Well, for example, people are constantly paying hundreds and thousands of dollars for e-books with information. Digital informational such as this is first and foremost of the best online business ideas, as you don’t want to be caught up having to pack and ship products.
After all, you want to train yourself to become the boss, not a freight shipper!
Digital products that are sent out automatically are best, because the more automatic you can make your business, the more time you’ll have for marketing.
2) The best online business should pay you 100% commissions after business expenses.
By business expenses, I mean the costs for marketing and administration. The reason I mentioned the E-book idea above is that it would be your own creation; and, therefore, it would pay 100% commissions. Also, it can be sustained on autopilot with a buy button on your blog.
What about network marketing products?
While the average network marketing product is not really a “scam”, as some people think, the problem with sustaining your network marketing sales on autopilot is that people really need to build relationships in order to join your business.
This means that, once you become “successful”, you wind up finding yourself on the phone all day and night building your business. This does not create leverage in your business. Also, the average 20% commission level is not enough to pour into marketing. And, even with the best online business ideas, marketing does cost money!
3) The best online business contains an up-sell option in your program.
Any successful businessperson will tell you that it’s easier to sell more to a current customer than to get additional customers. Therefore, doesn’t it make sense to have an automatic up-sell feature as you work online from home? Your initial products should be very cost-effective to lure your customer in… and the up-sell products can be more expensive after you’ve gained the customer’s trust.
4) The best online business contains compelling capture pages.
This is also called the “landing page”, or page that the prospect lands on first where he is prompted to enter his email for additional information. You need to take special care in creating this page because it means the difference between “capturing” your lead, and losing your lead.
5) The best online business contains professional ad-copy.
“Ad-copy” is marketing terms for good writing that touches people on an emotional level. The most cost-effective way of starting an online business, of course, is blogging. This is where your learning curve is the most transforming. Keep in mind that your blog is the “internet you”, so as long as you keep it real and relate your real life stories in the form of blog posts or videos, people who follow you will come to know you.