The Magic Formula For Online Business

If you’d like to run an Internet business but have no clue what type of business, what you need is an idea.

But coming up with the right idea — one that will not only get you excited and motivated but also generate profitable sales — can be elusive. And even if you have an idea, putting it into action, and making it work, can be even more of a challenge.

And this is where I can help you…

1. If you have no ideas whatsoever: Surely there’s something that piques your interest, even if just a bit. Maybe some sport or hobby. Identify a product related to that interest, and start your business with that.

There are two ways to do it — instantly and without having to buy or worry about holding inventory: You can work with a company that “drop-ships” products you think you can sell. (You take the order and payment online. They fulfill the order. The website worldwidebrands.com has a good selection of companies that do this.) Or you can become an affiliate for a company with a product line that appeals to you. (As an affiliate, you get a commission every time you sell something for them.)


2. If you have loads of ideas, but haven’t taken action on any of them: Maybe you haven’t yet come up with an idea you truly believe in. Or maybe the problem is a lack of self-confidence.

Don’t let that hold you back. It’s okay to be unsure of your idea, yourself, or your abilities. Even people with all the skills and resources they need fail to take action — delaying, planning, and procrastinating. “Procrastiplanning,” as I call it.

Planning how your business could work but still not taking any action — well, it’s like trading on the stock market with paper money. You can shake this off today by picking one of your ideas — any one — and starting on it. Try a few pay-per-click ads on Google. Or buy a domain name and set up a blog. Even starting with dingdongdang123.com right now is better than waiting until you can think of the “perfect” domain name. Start. You can always makes some changes later on.

3. If you’ve started an Internet business, but it stalled or flopped: My grade school science teacher used to say that even the result of a “failed” experiment is a result. The question is, how fast did you fail? More important, what did you learn from that failure? Based on what you learned, start again… perhaps taking a slightly different approach. In my experience, even a small shift in direction can make a big difference.


Don’t Try for Perfection

As every successful businessperson knows, perfection isn’t possible. Even handmade Swiss chronometers — the finest mechanisms on the planet — are only 99.99 percent perfect, with a tolerance of -4/+6 seconds per day.

So don’t get caught in the trap of trying to make everything perfect before attempting to launch your Internet business.$

[Ed. Note: If you're not happy with your financial situation, you're in the perfect position to change it for the better – right now. Ray has just released a special video that covers an online business system that you can use to start growing your wealth. To watch this short video, click the following link: http://www.raybuckner.com]