Have you ever wondered why most people never get their businesses off the ground and into profit? You see them on Facebook and the Forums for years, yet they’re not making any money. They’re spinning their wheels. They’re completely overwhelmed by all the available information on the market… so they end up not taking any action at all.
It’s a common affliction – but it doesn’t have to happen to you. Avoid spinning your wheels by following these four keys to starting a business…
1. Choose One Business Model – And Lay Your Foundations
One of the first decisions you need to make is which business model you’ll use to pave your path to success. These include models such as affiliate marketing, network marketing, direct sales, making and selling your own information products, and similar models.
So, which one should you choose?
Truthfully, it doesn’t matter. If you’re selecting from a list of proven business models like those listed above (and not some unproven “fad”), then any of them will make money for you. The key to making it work for you is learning real business skills and building up with the right foundations.
For the majority of my personal students I highly recommend getting started with affiliate marketing or direct sales because time and time again has proven to be the fastest way to start getting momentum and generating income. You also don’t have to worry about things such as product creation, technical features, customer support or getting merchant accounts etc.
Point is, once you have actually chosen your strategy – stick with it and make some money! You can very quickly start to add other models/income streams once you start to see results. This is something you will learn here at The SFM!
2. Select One Training Course
Just as there are many models to choose from, there are also many gurus and training courses that can teach you about making it online. It is my advice that to start with, you just stick with one course.
With The SFM we provide you with EVERYTHING you require to build a profitable online business. If you start following 10 different courses you will without a doubt get extremely overwhelmed, frustrated and disheartened very quickly. Trust me, I have been there and it wasn’t till I stuck to one idea and followed through that I got ANY results!
Tip: Yes: Later on, you can purchase additional materials to take your business to the next level. But for now, stick with one course. It’s much better to digest and apply ONE course of action than to get yourself in the middle of “information overload” and get nothing done.
3. Take Action
Now you have a model and you have the training you need to use this model to make money. Your next step is to take action on what you just learned. You might feel overwhelmed when you consider all the work you need to do.
Here’s a tip: Stop thinking of it as a big project, and instead break it down into easily manageable steps. So instead of thinking, “I need to build a website,” instead break this task down into little steps such as choosing a domain name, buying hosting, installing a WordPress blog… and so on.
4. Stick With It Until You See Results
One of the reasons many people fail is because they don’t stick with their model or training long enough to see results. They see something else bright and shiny, and they abruptly move in a new direction.
Example: The person might set up a blog, make a dozen posts and then write ten articles to promote the blog. But before the blog makes even one sale, the marketer decides to drop the blog and try Forex trading instead.
End result: They chase every new idea and never make a dime from any of them.
You can avoid this simply by committing to stick with ONE thing until you see results.
Example: If you decide to become an affiliate marketer, then follow your training guide’s instructions exactly, and stick with it until you see results. No matter how alluring other models or new products on the market are to you, just keep your eye on your goal.
Tip: Set mini milestones and goals for yourself, such as completing a module or finishing some content for a webpage.
The keys to starting a successful business include choosing one model, choosing one training guide, taking action and staying focused.