Do you feel tired of working for others? Do you believe your efforts are not being recognized by your boss and managers? The catalog could go on forever here. That is probably why you are thinking about building a business on your own.
But you don’t have a lot of money to invest and getting a bank loan is out of the question.
Offline businesses require investment in money, inventory, rent or buy a physical location and there are huge risks involved since no one can guarantee success.
On the other hand, internet is full of opportunities and you can build a business without having to worry about money. But there is a catch, there is always one.You have to invest in personal work for the first months until you see any results.
If you are newbie searching for a low-cost, risk-free opportunity and you are willing to work hard then…I would recommend
The Best Online Business Model for Newbies
An online business needs a starting point, the property, a website. That website will be your online identity, your brand’s voice.
But you may ask, what this website will be selling?
…You don’t have to own products in order to make a profit online. You can promote products from other companies (affiliate business) without having to provide customer service or to deliver the products. The companies are responsible for that. This makes your new endeavor risk free, you only invest in personal work and time.
An affiliate business is the best of options for all newbies. You don’t need any experience and you move forward by learning and practicing.
Additionally, you can sell your own products and services on your website. Moreover, you can monetize a website in various ways as I have already analyzed in this guide.
You need traffic though. To get the traffic you need content that is attractive and helpful. Furthermore, the content has to be found by search engines and people. That is why you need to know the basics of SEO (search engine optimization) and keyword research.
But how much does it cost to build a website?…You may be wondering if you need hundreds or thousands of dollars and that you have to hire web designers and programmers to get started. Or even to co-operate with a marketing agency to advertise your brand.
How I got Started … an All-in-One Package
I had no idea about online businesses, all my enterprises so far were offline. Hopefully after a deep research and trying numerous programs I found the resource I was looking for.
Wealthy Affiliate is an internet marketing portal where you can learn everything you need to know about online businesses.
Therefore you can build your website along with their builder, host it on their servers and monitor it through their modern Site Manager and by following their detailed training you will be able to add content and attract traffic. No need to hire designers, programmers or agencies to advertise.
The WA’s certification courses offer a detailed training that will walk you through every phase in a step by step process. The areas that covered are Affiliate marketing, SEO, Keyword research, Website development, Content creation, Social media, WordPress management, Product development and more.
Other WA features
- Classrooms divided into categories for specific questions and researchers.
- Live and recorded video classes on hot marketing topics to keep you updated.
- Keyword research tool
- Link tracking
- Domains, feedback platform, comments exchange with other members, email and 24 / 7 tech support
- Live chat – where you can discuss with 1000’s like-minded entrepreneurs and marketers. Any problem you might be facing can be solved in minutes.
- Blog section
Wealthy Affiliate added a superb new feature available for premium members. You can secure your websites using WA SSL encryption (https) for FREE. In other places, you have to pay for this service on a yearly basis and the whole process is very frustrating. With WA tools this process takes seconds to complete.
How much will it Cost?
If you don’t want to buy a domain name (although I strongly recommend that you do) you can take advantage of WA’s starter membership (zero costs) and build a website with their SiteRubix platform (WordPress engine with various themes to choose from). Your sub-domain name will have a .siterubix extension and will be hosted on WA’s servers for free.
Test the SiteRubix builder on your Own
If you decide to purchase a domain name on your own (recommended solution) the cost is around $10-$15 for a year. WA is a domain registrar and you can buy your domain there. Otherwise, you can select any registrar that you want, like NameCheap
And that is all you need to get started. A domain, hosting/security/support services and knowledge that comes with the WA training. Then it is up to you to work hard and create the business you’ve been dreaming about.
How it Works
Your website will be targeting a specific segment of the market, the niche or in other words a group of people searching for solutions to particular problems.
If you can help people solve problems then you can become really successful.
In the beginning, you attract traffic with blogging and promote affiliate products through your blog posts and pages. As you gain experience you will be creating a fan base, visitors that are returning to your website to get educated. This is when you will get involved with email marketing.
Later on, you can produce your own digital products and create certain areas on your website where you will be charging membership fees (training, classrooms, webinars…)…If you are creative I am sure you will come up with ideas to expand your audience and the level of your services and products.
Another way to monetize your website is to sell advertising space to other website owners or giant companies like Google.
If anything goes wrong and you need to end up your online business in the future your efforts won’t be lost
If you like computers, enjoy to learn, read and blog then this business model is for you.
The startup costs are almost non-existent and there is no risk of losing anything.
But as we discussed, the big catch is that you have to work really hard for the first months. But there is no pressure here if you can not devote a lot of hours working on your website. You can work on this project in your free time while you keep your day job.
Eventually, the website will pay off your hard work.
…It is up to you to stay focused and not abandon your work prematurely.
I hope you enjoyed another article, here on Web Market Support. I am waiting for your interaction in the comments, as always. Till next time.
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