It is estimated that more that more than 100 million people are trying to earn money on the internet today. The bad news is that more than 95% of those do not earn any money or just pennies...
So how do you get into the Top 5 percent?
You are never guaranteed success but you can definitely improve the odds of becoming successful.
Let us start by looking at what you should NOT do now. Do NOT join any business opportunity and do NOT invest in marketing ebooks, courses or seminars. Do NOT think you can earn a lot of money in no time and Do NOT get impatient.
Start by grabbing a piece of paper and a pen and then write down:
- 01. What kind of things you enjoy the most
- 02. What really excites you
- 03. What skills do you have
- 04. What skills do you like to learn
- 05. What would like to avoid or stop doing
- 06. What worries do you have
By learning more about yourself, you will be in a much stronger position when you decide the route you are going to take later. I recommend you choose a business based on things you enjoy and that have your interest. After having done the above you should now be able to pick some markets based on your interests. The next step is to identify the right market meaning a HOT market where people are willing to pay for your information, product or service.
Now go to Google (www.google.com) and search for the markets you picked previously, example: "dog training" and you see it brings up about 2,060,000 search results. As "dog training" is a very broad term you need to narrow it down further by locating a potential niche.
There are a number of tools you can use to identify your market such as Keyword Station (www.keywordstation.com), Yahoo! Search Marketing (searchmarketing.yahoo.com/overture.php) and Wordtracker (www.wordtracker.com).
You can now go to Yahoo! Search Marketing to find out the times your broad market term as well as your niche term was searches for (estimated monthly). You will see that people are looking for "dog training video", dog training basics" dog trainer" etc. etc.. The goal is to check if people are searching in this market for what you can provide. As you move forward you should drill further down.
If you examine the suggested search terms, look for words that indicate if people are actually looking to buy this kind of information, product or service. Words such as "buy", "training", "tips", "fix", "how to" indicate that people are willing to pay...
The next article will take you one step further...
Henrik Boyander is the CEO of
Solixta Better Business Network
http://www.solixta.com
>>> Research, compare, discuss, review and promote
>>>+1,000 Business opportunities.
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