Is Starting Your Small Business Online The New Black?

Online Literacy - A 'Must Have' Skill for Starting Your Small Online Business

Everyone used to be educated in the 3Rs.  Reading, wRiting and 'Rithmetic once upon a time was enough to get you a job for life.

But there is no such thing as a job for life today.  So what can you do to prepare yourself for our dramatically changed conditions?

Today a 4th skill is required if you want to be sure of maintaining your financial independence.  Today's 'must have' skill is Online Literacy. 

Internet Business Set-Up - Progress is Haphazard

Internet Business Set up Can be Haphazard

Follow progress on my internet business which teaches others how to start their small business online.

For those of you who have not visited us before, I am putting together an online business.  The business will teach others to do th sane using ebooks, online courses, video, audio and offline seminars.  Our goals is to help get 1,000 small business up and running in the next five years.

Oh, and to:

• boost my potential pension using e commerce and
• describe my progress and help me get things in order in my own mind.

I was trying to find a word that would describe progress so far and I have to say that haphazard does not go far wrong.  It is not that I haven't been working hard - every hour of the day is spent either thinking about the business or doing something in relation to it.

It is just that there are so many things you have to do when you set up a new online business.  They all seem to need to be done at the same time, and as you do one thing, you are reminded that you should be doing something else.  Also, so much of what you do is related and you need to make the links as you go, or you are likely to forget them.

The good thing about that is much of what you do or write can be used more than once.  A web page can be re-written and circulated as an online or offline article, a blog can become part of your sales materials, a sales page can be updated to be a new web-page.

I though I would run through what I should have done by now, what I have done and work out what needs to be done this week

Know What Your Market Is

So far I have got a very clear idea of what market I want to be in.  This market is made up of people who want to learn to make money online.

Know What Your Niche Is

I also know exactly what my niche is and I have set up all my goals with this in mind.  My niche  is made up of  people who have possibly not thought of starting this kind of business before.

These people may not be natural e-ntrepreneurs perhaps, but they have been pushed into starting an online business by current financial circumstances.

Know What Your Business Model Is

There are as many ways of running a business online as there are offline.  In my free course course I will be describing four business  'models' (apologies for the jargon), and I will be combining three of them in my own new business.    The four models and I will be combining them in my own new business.

 The four models we describe are:

1. Affiliate Business
2. Drop Shipping
3. Start Your Online Business
4. Your Offline Business Online

Start Communicating

It can take a long time to get noticed on the web, so the sooner you start the better.  I have got my web-site up and running and written 12 pages of content.  However, it is best ot wait until you have 30 pages or more before submitting the site to the search engines, so there is a while to go yet.

It is also good to get as many incoming links as possible before submitting to the search engines for the first time.  To try and achieve this, one of the things I am doing is creating useful links from this blog to  various pages on my web site.

I Can See Clearly Now

OK, well that has clarified that what I need to do this week is frantically write pages for our website and compliment them with articles and blog entires that are linked to the website.

If anyone out there has got a good suggestion as to where else I should try and get links from, let me know - I will be very grateful.

Ideas for Businesses to Set Up in Successful Industries

Generate Ideas for Successful Online Businesses

Set up in industries guaranteed to be successful in the future.  That is one way of future-proofing your small online business.  But how can you do that?

I have mentioned before that passion is vital when you set out to make money online.  But passion must be tempered with judgement. In this case judgement means being really careful about choosing  what you sell and who you try to sell it to. You want to be in a market that is going to grow and succeed in the coming years so that you can grow and succeed with it.

Hot Industries for the Future

So what industries will be hot in the future? Below is a list of areas the talking heads online generally seem to agree will be successful for a long time to come.

• Health 
• Employment Services
• IT (including hardware, software, design, manufacture, repair, installation, outsourcing, games, etc
• Financial Advice
• Management, scientific and technical consulting services
• Child day care service
• Skilled technical services

How can you use this list to better position your online business? Well these are the industries, but ask yourself, who are the buyers? Who are the people out there doing the buying and what do they want?

Consider Baby Boomers

A garden snake digesting a hedgehog is a metaphor that has been used to describe baby boomers. The lump the hedghog made in the snake as it was gradually digested was compared to the lump the boomers created in the economy.  Boomers are the generation born between 1950 and 65.  Because the generation was very large, its progress has created a 'bump'   in national economies all the way through.  

It is not going to stop anytime soon. Baby boomers are expected to live longer on average than anyone before them. And as they enter into the winter phase of their lives, that should be very interesting to anyone involved in business marketing (and everyone running an on line business is involved in Business Marketing!)

Turn a Problem into an Opportunity

Boomers living longer means more of them will have more needs that you can provide the answers to.

• Health Services: Health care, flue jabs, nursing, cosmetic procedures (in the US boomers soaked up 8.9 million cosmetic surgery procedures from a total of 12.1 million), supply of drugs and aids, alternative therapies. Consider how you can offer specialist advice, sourcing, management etc of all these areas. 
• Employment Services: Employment agency for health workers in hospitals, cosmetic procedure clinics, primary health providers, and homes for the elderly. 
• Training Services: For all the people that go through that employment agency 
• IT: Provision of goods and services, advice, training, assistance etc relating to IT. 
• Financial Advice: These boomers have lived through great times, but they have also lived through some very hard times. Many of them do not have enough saved to see them through to the final years. These guys need very specialised advice, but will only take it from someone they really trust – and how many trustworthy financial adviser could you name today?
• Management, scientific and technical consulting services All the services being set up for boomers will need the services of consultants. – be the 'go to' guy in your niche and the work will come in.
• Child day care service: Many boomers are already providing this service for their grandkids. There must be an opportunity here for training them to set up a child-care business, in offering them help in caring for the kids, in offering a care-service for the days they can't manage it, in helping them deal with the massive difference in the way they brought their children up and the way they are expected to treat their grandchildren now.
• Skilled technical services: All of us need good skilled technical services from time to time, but for the elderly it is vital as they can so easily be targeted by criminals. Can you set up an agency, can you provide information; act as a whistle blowing page to warn others about heartless traders in their area.

 Compare Industry to Market and Find Your Niche

This is just a tiny number of suggestions about how you could apply one market (baby boomers) to the hot industries of the future. Try it with other generations (generation X for example) and see if you can find a connection to your passion and the beginnings of a niche you could make your own.

Get Step by Step Instructions to Find your Passion

Send for our free introductory course to Affiliate Marketing for step by step instuctions and if you want to explore more about niches and how to find yours, read this blog.