So, you want to be a successful online entrepreneur. But which business strategy do you choose? There seem to be so many out there, with each so-called guru touting a different philosophy, that it can be very difficult to narrow down a business strategy that actually works. However, when you remove all of the window dressing and break the strategies down to the basics there are only three that make up nearly all of the entrepreneurial ventures that are out there. Which one you choose will depend on your personal preference, your unique skills and where you see a hole in the market.
Top 3 Business Strategies for Online Entrepreneur
Service Providers
The first of our three top strategies is providing some type of service. There are many occupations that provide a service where someone can become an entrepreneur. Graphic design is one good example; freelance writing is another. Whenever you are doing a service for somebody else and they are paying you for it (while not in the employee of another person or company) you are an entrepreneur.
Affiliate Marketing
Another big boom in Internet entrepreneurship is affiliate marketing. With the creation of websites like Clickbank, the affiliate programs offered by leading retailers like Amazon and the big profits that could be potentially earned, affiliate marketing is one of the most popular entrepreneurial ventures today. With affiliate marketing, you find the customer, send them over to the seller to buy the product and the seller pays you a commission. Of course, you have to find the right product not to mention have a solid plan for getting in front of people that can be difficult.
Info Product Creation
Rather than being the person that receives the commission when someone buys a product from someone else, you could be the person that they are buying that product from. You could create an info product of some kind that you will be able to sell to the Internet at large. One of the more popular ways to do this is by publishing Kindle content on Amazon, but the products on Clickbank are also part of this strategy.
Combining Strategies
Of course, you do not have to just stick with one. You could combine to of the above strategies or you could combine all three if you like. There are no fixed rules when it comes to entrepreneurship. If you can create something that sells, or make money at something and be successful, you are an entrepreneur.
Anyone can be an entrepreneur
Men and women both have an equal chance of becoming a successful entrepreneur, based upon their individual skills, and even children can start early and become entrepreneurs at any age – which can be seen in the occasional lemonade stand in your own neighborhood. No matter who you are or what your particular skills and abilities are, you have what it takes to become an entrepreneur. You just need a great idea and a lot of hard work.
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