Are you looking to start making money online from the wealth of knowledge all around us? Don’t allow the wealth of knowledge to confuse you. Have you seen the case studies of other young people who are crushing it online and living the fast life in personal luxury?
Success online is predictable only if you use the right wealth of knowledge to give you an advantage over society. In this article, the wealth of knowledge is defined as any intent to reach a outcome from the massive available resources coming from every angle on the internet.
You have landed on the right article because this article explores how you can make your first sale and beyond.
More and more people are making money online and we are living in a time of incredible opportunity. As you think about making money online you want to make sure you have a few things in place before getting started.
You wouldn’t just not study for a test then show up and take an exam. Here, you would study the material then practice so you are properly prepared for the exam.
Get ready to learn and take actions so after reading this article you can hit the ground running and make your first sale.
The 1 Investment Strategy Any Investor Can Use: Shhhhh! Don’t Tell Anyone
Top 10 Careers That Can Skyrocket Your Wealth & Success
4 Things To Master Your Personal Finances: Personal Finance Techniques
Register Your Company
On average, there is about 4.4 million new businesses starting each year according, to the commerce institute website. Let’s get straight to the point, were all interested in accumulated wealth.
The wealthiest people in history have accumulated their wealth through business and other forms of wealth creation. All success and reaching your money goals and hitting your targeted future accumulated wealth begins with a vision.
Furthermore, to reach success you must model it so to fulfill your dreams of mastering accumulated wealth overtime first begin to learn how businesses are starting and built. I know you want to start making money fast but just take some time to get things ready.
It is recommended that you incorporate your business so it is legitimate. This may cost a little money but if you’re serious about starting a business or growing one go ahead and do this. Most people should probably do a (Limited liability company ) LLC but there are other options you can explore if this doesn’t fit the business structure you want.
Once you finish this, then do a brief google search for joint ventures business forms and download a form you like as a template. Just in case you’re wondering, Joint Ventures a.k.a. business partnerships are just business forms that are contracts for two or more business entities.
I’m having you do this because making your first sales online is more realistic through partnerships and collaborations verses trying to do it alone.
Related Articles:
How To Choose A Retirement Account: Millionaires Know This 1 Thing (Independent Wealth)
Start Your Business: Business Legal Structures Explained
How to Start a Business Without Quitting Your Job : 5 Things to Know
Decide on a Niche & Product/Service
Here, you will decide on a niche as well as decide on a product or service to sell. To figure this out aim for an area that you’re passionate about or something as close to your passion as possible.
Do this quick exercise. Take a sheet of paper out and pen then list five to ten niches like self-help, healthcare, nutrition, bodybuilding, cooking, etc.
Now circle one of them and this is the niche you for you. Next, decide on your product and you can do this by going to any three markeplaces like amazon, etsy or facebook marketplace and search different keywords around the niche you chose.
This just gives you ideas of what’s selling and what people are paying for even if you decide to choose a product outside the scope of what you have been searching in the marketplace.
Now google affiliate products or services in your niche and examine the offerings and the money you would make from each sell and choose your top three.
Of the three you will choose one and the others are to revisit if you decide later to change things up.
Related Articles:
How to Earn More Money: 8 Personal Development Secrets
How to Get Anything you Want In Life: Failure Leads to Success Story
How to Make Passive Income: Quick Start Guide
Market & Sell
This is where we get to the good stuff. Here, you already have your business registered and the business paperwork for joint ventures and partnerships. Next, create a buyer persona for your target audience so the customers you’re going to focus on.
Now, make a list of 100 leaders and or organizations that have your target audience and dream customers who are already established non-competitive business offering compared to what you will be selling as well as have current and recurring buyers.
Send messages to these leaders for the request to partner and to have your product or service offered to their customer base as a front end, back end or completely independent offering then split sales with them.
Remember, if you’re using an affiliate link you must know the revenue split so that when you contact other partners to work with you that you know what the expected amount would be each sale after already having a original split from the person who owns the product or service.
For example, if you choose a affiliate product that’s $300 dollars and you get a 70% commission that would be $210 then if you work out a 50% split with your joint venture partners then each sale would make you $105.
Aim for high priced, high demand offerings if possible since more then one person is going to be paid out from the sales.
If this model doesn’t fit your style then simply just learn a high income skill like digital marketing, email marketing, funnel building then get other businesses buyer’s list then market to their list and give them 25% of sales from those customers.
These two marketing techniques are similar but not the same. These are more likely to get you your first sale by using other businesses customers compared to starting from scratch when no one knows you or your offerings and unable to trust you right away as a new brand.
Affiliate links are generally for people who don’t have a product or service and it gets you started faster.
If you want to keep everything the same but make your own product that’s cool too its solely up to you but creating your own product will take longer on average compared to using an affiliate link. Good luck!
Related Articles:
What CNN Business Doesn’t Tell You: 6 Strategies of Powerful Corporations Revealed
Career Advancement Strategies: What Separates the Top 1% from the 99%
How to Start a Online Business From Nothing: A Beginner’s Guide
Conclusion
Altogether, it is exciting to start a business and begin working on making money from business ventures.
The issue is that when starting or being in your early stages of your StartUp if you don’t have business experience or being guided by someone who has got results or even proven techniques that get results your likelihood of success is low.
This is not your fault but the way to jump ahead and having a greater chance of success is using methods that have already worked that are evergreen a.k.a long term information that holds its value as being true and correct.
When starting use the techniques discussed in this article or any form of working with established businesses as this extremely improves your chances of making your first sale. Good Luck! I believe in you.
Social Media:
Twitter: https://twitter.com/smith_martize
Pinterest: https://www.pinterest.com/martizesmith/
Facebook Page: https://www.facebook.com/martizesmithfan
Facebook Group: https://www.facebook.com/groups
LinkedIn: https://www.linkedin.com/in/martizesmith/
Instagram: https://www.instagram.com/model_wealth_empowerment/