Internet Based Business Models - Part 1

I'm going to congratulate you again.

By reading this you are already displaying the #1 most vital
ingredient to enjoying success.. persistence. Keep it up!

This time I want to talk more about the choices you have
available to you as a person wanting to get started in your
very own business.

There are so many ways to do it I couldn't possibly cover
them all here. But since my expertise is in using the
Internet to build a business, that's what I'll teach you.

We will just skim over the different ways for now, but don't
worry because we'll re-visit them later for a closer
inspection.

Let's have a look at the different ways to do it:

Turn-Key Business - this type of business is great if you
are a complete novice and just starting out. They are
called ‘turn-key' because everything is set up ready for
you to start immediately, that is, you just turn the key.

Usually, turn-key businesses are in the network marketing
industry. That's a dirty word to some but an effective way
to make massive dollars if you are prepared to do it. Some
of my income comes from this type of business.

Affiliate Programs - a simple arrangement where you direct
customers to a merchant and receive a commission on
everything the customer buys. It can be anything from
tropical holidays to pen sets to downloadable ebooks.

Many online merchants have an affiliate program in place,
which you can easily sign up for. Then you send people to
the web address the affiliate program gives you. I make a
lot of my dollars from affiliate programs.

Drop Shipping - this time you are the merchant. But before
you say ‘not for me' listen to this. You don't have to see
the product, touch the product or even purchase the product
that you sell.

This is how it works. You find a product that is available
from a wholesaler that you could sell for a profit (I'll
show you where to find them later). You set yourself up as
a merchant with a website (easier than it sounds, I'll also
tell you more about this in a later issue). Then you get
visitors to your site, through advertising or search
engines like ‘Google'.

Every time someone buys, you send the order to the
wholesaler, they will send the product to the customer and
send you a bill. You pay the bill from the customer's money
and the left-over is your profit.

Sounds tedious but there are ways to automate the process to
run without you doing much at all. I've never tried drop
shipping but done a lot of reading and no some people
making over 7 figures with this method (yes, 7 figures!).

OK, these are a few models for you to think about, but
that's not all by a long shot. I'm spreading them out over
a couple of issues so you have the chance to do a little
extra research and think them over.

Until next time, remember persistence pays off - BIG TIME.
Your Friend
Murray Hughes
007 Work From Home