From my experience, there are a lot of different ways to make money on the internet. It takes some knowledge of how to set up an online business, but after you do that, you can really do well. One method that has worked for me is what I call "one off products." What I mean by this is you take the knowledge in your head, hold a seminar or webinar, record that presentation, and then sell it over and over again.
You can do this, too. Just follow these six simple steps:
Your first step is to pick a familiar subject. It should be something you can talk about for at least one hour, and I am convinced that everyone has a topic like that, whether it is pie making, photography, or automobile repair. No matter the topic, keep it simple because your goal is to quickly put out some good, helpful content that will generate cash flow.
The second step is to create an outline. Let me give you a simple way to do this. Get out a sheet of paper, and write your topic in the middle of it. Then brainstorm some subtopics for your main topic. Write these down and see if you can come up with two good details about each one of these subtopics. You need maybe eight to ten subtopics with two details for each one. Once you have those, you have an outline for sixty-minute presentation. How easy is that?
The third step is sign up for a free teleseminar service. You can find one that is free to use, and you can get up to 250 callers on the line. That is different from when I started out; usually you could only get up to 100 callers at a time. The cool thing is you can record your teleseminar and download it when you are done.
Your next step is to tell people about your teleseminar. But who exactly do you invite? Your website, blogs, and email lists are a great place to start. I would just go nuts with this stuff and tell everybody I know that I am having this wonderful teleseminar.
Your next step is to sell seats to your seminar. My friend Jim Bob Howard showed me this great site called Event Bright. It is also free to use. How it works is your customers pay Event Bright, and then the site pays you. The clincher is you do not pay for their service until people pay you by buying seats. This frees you from a lot of administrative headache.
The last step is to record your teleseminar. Do it one time, and then use it over and over and over. You can sell the recording as an audio CD. You can have the recording transcribed and sell it as an Ebook. You can sell it together, the audio and transcription, for more money. You can combine one off products into a home-study course. There are really an endless steam of options you can come up with to make more money off of your one recording.
You absolutely can start your business today!
Information:
Stephen Beck can teach you online business set up techniques and how to make your first $1000 on the internet. Go grab a FREE link to his webinar replay, where Stephen shows you everything you should do: http://www.youronlinebasics.com/go.html.
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