Set Up An Online Business With 6 Simple Steps

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:

1.) 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.

2.) 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?

3.) Connect with a free teleseminar service.

You can find on to use for free and will allow you to host up to 250 people at one time. When I first started my online business, I could only host 100, so this is a great improvement. Remember to record your seminar and download it at the end.

4.) Invite people to your seminar.

But maybe you are wondering who you should invite? Start with the people you know. Send out a notice to your website, blogs, and email lists. Leave no stone unturned. Get the word out about the amazing, informative seminar you will be hosting.

5.)  Sell seats to your seminar.

My friend Jim Bob Howard showed me this great site called Eventbrite. It is also free to use. How it works is your customers pay Eventbrite, 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.

6.) 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.

So what are you waiting for? Why not set up an online business today?

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Copyright Stephen Beck, 2010

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Stephen Beck can teach you how to start an internet business and how to make your first $1000 online. Go get a FREE link to his webinar replay, where Stephen shows you everything you should do: http://www.YourOnlineBasics.com/go.html.