How to Create an Online Business With a Six Or Seven Figure Potential
With the economy heading down the tubes, more and more people are turning to the Internet as a means to earning a part time or even full time income. Contrary to popular belief, many people have created six and even seven figure incomes on the Internet from the comfort of their home and without having to answer to a boss. If the thought of making your own hours and earning that kind of income appeals to you, this article is going to show you three simple ways to create a potential six or even seven figure Internet business.
Probably the best way is through creating your own product. This is easy enough to do with today's technology. Digital information products have no overhead and it costs as much to sell one million copies as it does to sell just one. This is why selling digital info products is so attractive. The key to doing this successfully is to focus on a market of buyers who are looking for a specific solution to specific problem. For example, with today's economy, many people are in debt. If you have a great system for decreasing one's debt, this could be an excellent seller.
Another great way to earn a large income online is by promoting other people's products. This is excellent for the home business owner who doesn't want the responsibility of creating their own product. Take the same debt relief example. If there is already an existing product on the Internet that has been proven to work, as far as getting people out of debt, you could promote that product as an affiliate. This has an even lower overhead than creating your own product because there are no product creation costs at all.
Finally, there is freelancing. Freelancing is when you have a skill, such as programming, writing or other, that is in demand by other marketers. For example, if you take a look at a lot of the sales pages that promote various products online, in most cases, those sales pages are not written by the product creator. They're written by professional copywriters who command anywhere from $1,500 to $15,000 or more per sales letter. So as you can see, by doing just 10 sales letters a year, which is less than one a month, you could earn over $150,000 a year just from that alone.
The Internet is a world of opportunity, having created numerous millionaires. If you'd like more information on this subject, there is an excellent resource in my signature that I know you're going to want to check out.
There you have it...3 simple ways to create a potential six or even seven figure business.
Probably the best way is through creating your own product. This is easy enough to do with today's technology. Digital information products have no overhead and it costs as much to sell one million copies as it does to sell just one. This is why selling digital info products is so attractive. The key to doing this successfully is to focus on a market of buyers who are looking for a specific solution to specific problem. For example, with today's economy, many people are in debt. If you have a great system for decreasing one's debt, this could be an excellent seller.
Another great way to earn a large income online is by promoting other people's products. This is excellent for the home business owner who doesn't want the responsibility of creating their own product. Take the same debt relief example. If there is already an existing product on the Internet that has been proven to work, as far as getting people out of debt, you could promote that product as an affiliate. This has an even lower overhead than creating your own product because there are no product creation costs at all.
Finally, there is freelancing. Freelancing is when you have a skill, such as programming, writing or other, that is in demand by other marketers. For example, if you take a look at a lot of the sales pages that promote various products online, in most cases, those sales pages are not written by the product creator. They're written by professional copywriters who command anywhere from $1,500 to $15,000 or more per sales letter. So as you can see, by doing just 10 sales letters a year, which is less than one a month, you could earn over $150,000 a year just from that alone.
The Internet is a world of opportunity, having created numerous millionaires. If you'd like more information on this subject, there is an excellent resource in my signature that I know you're going to want to check out.
There you have it...3 simple ways to create a potential six or even seven figure business.
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