Relationship Marketing | Build Your Online Business

Now that you have developed the right mindset and a simple business plan in place, you're ready to take the next steps in starting your online business.  Before we discuss some of the technology you need, I'd like to share a video interview with Chris Farrell, an Internet Marketer who has made millions since coming online in 2008, and who has a wonderful teaching style.

In this interview Chris explains that it is possible to make money online, but there are some things you need to be aware of so you do not become discouraged easily.

As Chris mentioned, you must treat your online business as a business, and like any other business it takes time to start making real money in your online business because there are systems that need to be in place first.  We start discussing those in my next post in the series.

What are your thoughts on the video? Do you believe Chris Farrell painted a realistic picture?  Please share in the comments.

If you were to ask most marketers or online business owners what is the first step they’d recommend in starting on online business, most would likely say that you need to determine your market  and decide on a niche.

That is an important element in starting your online business, but there are two elements that are critical to your online business success.

1.  MINDSET: Starting an online business can be done on a shoestring budget and you do need at the very least a simple plan.  However, it’s important to keep in mind that:

• An online business is no less a business than starting one offline.
• You must know your “Why” for starting your business and determine what your goals will be
• Do research online in your area of expertise to see what is already being offered and what is missing.  This will help you (more…)

Mindset has to do with the way you think, and the way you think has a direct bearing on the type of results you will realize from starting your online business.

When you made the decision to start a business online, you did so based on research that what you had to offer could be marketed online.  You will be marketing something you already know something about, or recently took the time to learn about; and it may be something that you are passionate about.

If you'd decided to for a corporation and purchase a franchise offline, you would have to give yourself a specific designation on the Articles of Corporation.  Your title would probably be CEO or President.  You have instead started an online business!  You do not need to set up a corporation to start an online business, but it it very important to keep in mind that because you've started a business, your mindset must be the same.  You are the CEO/President/Owner of your own company, and as such, you are responsible for the planning, goal-setting, and other activities associated with running a business. (more…)