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Practical Online Business Ideas

June 14th, 2010 Stephen Beck No comments

Are you looking for some online business ideas? Sometimes the ideas on the internet can be hypothetical, but if you are like me, you want to hear a real-life person’s story. You want to hear how he or she build a business from scratch and not because they are internet marketing experts. I know exactly what you mean.

So a little bit about us. My wife Kerry and I really are the couple next door. We are not gurus. We are just two people who happened to get into internet marketing by accident. We stumbled upon the secret to creating information products that are very profitable, require little time, and give us tremendous amounts of freedom. I am a poster child for somebody who started an internet company late in life. I did not start this thing until I was in my 40s. In fact, I started all of this because I was going to seminary and did not have my regular income.

Online Business Idea #1 – Start With What You Know

The truth is that if we can do it, you can, too. Like I said, I have not always had an online business. For 20 years, I did home remodeling. Then my wife started up a little company called Curriculum Connection. She wanted to help other homeschoolers find curriculum to use. As it grew, she began asking me, “Steve, do you know how to build web pages? How can we get online with our products?” So I started working on it, and even though I was clueless at first, I quickly figured it out. At the same time, I was in seminary.

So I was 2000 miles from home. No friends, no family, and no job. And I had to replace that remodeler income it took me 20 years to build. I had to replace it fast. And I had to do all of this in my part-time because seminary required me to read 15,000 pages a year!

That got me looking for the perfect business. And I know that you probably have your hands full, too. You have a lot going on, but you can take your idea for a business and begin building it today. Soon you might even see your income surpass your current job.

Online Business Idea #2 – Define Your Criteria

So I sat down and wrote out my expectations for my perfect business. I wanted to create a product one time and then get paid for it repeatedly. I only had a small amount of time to work each week, so I needed to be paid well in that time. I needed a product that was easy for me, my wife, and my partners if I ever had any. I really wanted a business that would run automatically with very little input from me. I was looking for a weekly, even monthly, paycheck. I also wanted very few start-up costs. Sounds realistic, right?

Well, a lot of people would say I was asking for the moon. But think about this. The only thing I know of that will meet all of those criteria is selling information products on the internet. Because with an info product, you can create something one time and get paid over and over and over.

You start off by spending a little time packaging quality content, market it on the internet, and then sell it quickly and painlessly. You really could almost put the whole thing on auto pilot.

Online Business Idea #3 – Start Small

You may have multiple dollar signs flashing through your mind, but I challenge you to think realistically. You can start an online business with only a small investment. You can own a domain name for $15 a year. You can pay $50 a year to host your site and another $20 to employ an autoresponder. It is a good idea to start small and grow into your business. Think of it as a snowball rolling downhill.

So if you have an idea, start today! Take these online business ideas and begin to market your products. You will find yourself headed to more financial freedom.

Stephen Beck will give you online business advice and show you how to make your first $1000 on the internet. Grab a FREE link to his webinar replay, where Stephen shows you exactly what you should do: http://www.youronlinebasics.com/go.html.