Every day, thousands of people search for information on starting a Free Online Business. They are looking at online business systems, searching for free online business opportunities, and basically looking for legitimate home business ideas so that they can work from home.
That’s what I do, and I love it. That’s a photo of me above. It was actually taken several years ago - this is my 6th year working from home. And it was taken at a friends house too. I love being able to work anytime, anywhere!
Home Business Ideas
There are so many home business opportunities and internet business ideas, that it can be a little overwhelming to figure out where you should start. We will talk about a few of the different business models - from ecommerce sites that use wholesale drop shippings to offering a service or starting your own monetize blogging
You can make money online in a variety of ways. Just a few examples include: sell your own product, offer services, sell advertising on your website or monetize blogging or promote other people’s products and/or services.
That last option is called Affiliate Marketing. It’s basically commission-based sales, and I compare it to the offline model of selling ordinary goods. When you make sales, you make money. You can sign up as an affiliate for a company and they will give you an Affiliate Link. You promote that link, and anyone that goes through your link to make a purchase will be tracked - resulting in a commission to you for that sale.
Some business models are active, while others are more passive. An active business model requires a more active role on your part. A membership site for example is high maintenance. If you offer services, then you need to interact with clients and take phone calls on a regular basis. while a passive business requires little or no role on your part. I prefer passive income models, which allow you more freedom and flexibility.
That’s not to say that active business models cant be incredibly profitable and successful, just that something more passive seemed like a good fit once you got to know her a bit.
To clarify, when I say passive I dont mean that you wont have to work at it. I think we’ve all kind of figured out by now that “get rich quick schemes” dont really work. And we were discussing real, legitimate ways to make consistent income online. Not spotty one-off ways to make a few bucks here and there.
We discussed the realistic investment of time and money, and I confessed that I put a lot of time in upfront to get each of my internet business models up and running (some more than others). I explained that you could invest money to get sales rolling in quicker, or you could invest time (up to 6-12 months even) to get your sales up to a good level on a consistent basis. You’ll make money along the way of course, but geting that consistent income is the key.
Going that route, you can get started for less than $10. Yes, literally.
The passive part comes in after you have your affiliate site up and running - once you’ve done that groundwork. With affiliate marketing the merchant is handling orders, shipping and customer service. All you have to do is send them traffic through your affiliate link.
Once your site is up and running, you’ve set up your systems (such as a newsletter, blog, or whatever fits your model), and you’re driving traffic to the site… most of the “work” from there can be automated, and maintained in very little time. For example, I can usually run a site like that in as little as 5 hours a week. That frees you up to create more just like it, and duplicate your income.
Starting a Free Online Business
I mentioned above that you can get started for less than $10. I know that a lot of people are interested in starting a free online business, but this small investment is well worth it. Especially if you are serious about making a consistent income with a real online business.
You could actually spend a lot more than ten bucks, but if you take my advice you’ll save a lot of money - and still end up with a solid internet business model.
What are the steps in creating an online business?
Your first step is to decide what niche you will target. Meaning: what are you going to sell, or what topic is your website going to be about? You might start with the product, or you might start with the topic - it doesnt really matter as long as you get that initial idea.
Keywords are simply the words or phrases that people are searching for online. If you read through the links on that page, you’ll have a much better understanding of how you can research keywords to choose topics or products.
Once you decide what your website will be about, you’ll need two things: a domain name and a hosting account. The domain name is your website address and the hosting account is the space online where you will put your website.
So you’ve picked a topic for your website, you registered a domain name, you set up your hosting account… now you need to create a website. (This is the hard part for most people)
It might be tempting to just hire a web designer, and that’s certainly an option, but you really want to learn some things yourself if you are going to be running an internet business. Creating your own website will also save you a lot of money.
You’ll find some tools in your hosting account to help you develop your website. Also you can learn how to design your own site in our future topics. You can also find all kinds of free resources online by doing a search. If you decide you need some help, consider hiring someone to design a template for you - not an entire website. Its much cheaper to just outsource the template design and do the rest of the work yourself.