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Old 23-08-2007, 02:27 AM   #1 (permalink)
Ican
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Default How to really spot an online business opportunities and what to do with it

Writing this at about 2am in the morning sure is tiring. But what is real tiring is reading so many people, especially young people getting caught up in a web of money making scams, or bad business opportunities that mask themselves as the true road to financial freedom. Thus, with my limited experience, I hope to share with you my thoughts on how to spot real business opportunites online and what to do with it.

There is no secret that making money online is real. But like any traditional business, 95% of the people fail. Reason is simple. Lack of patience and preserves. Thus there are many 'get rich quick programmes' promising huge returns at a short period of time. So how do you know the programe you currently have is real or are you wasting your precious time?

Checklist No. 1: The most important thing in business is credentials. For example, Unlimited Wealth Package. Do a research on it and you will find that it lack credential. If you are a serious business owner, would you want to lose your reputation and sell junks? Or would you rather sell products that have real value and hope that people will come back to buy again from you?

True affiliate business sell products that have credentials. Its just like how mini mart sell products. They wont sell lousy products because if they do, their reputation and sales will dip. Some examples of credentials affilate programmes are amazon.com, adsense, Commission Junction etc.

Checklist No. 2:
Can the products or services generate multiple sales? Some products can only be sold once. Then your customers won't come back to you. Look for products that can be sold again and again and again. That kind of business is real money making opportunities.

Checklist No. 3: Ask yourself this. Are your current product or programme bring true value to your paying customers? If you think just by looking at ads and getting others to look at ads to earn a few cents is true money making opportunity then you really miss the point of business.

For example, in the same amount of time, I can earn $8 for a referral I sent to an article directory and the person I referred can earn up to $150 if his article is chosen.

My point is, in business, even online, people want benefits, they want value. What is your value?

Checklist No. 4: Professionalism is important even on the online world. How is your website built. How easy can I navigate your site. How do you capture your clients' database, how and what do you do to entice your audience to buy. All these has to be taken into consideration. If you think just by putting up links and hoping people click and you get loads of cash, you are in for a real disappointment.

Checklist No. 5: Never ever join something you have little or no idea about. Warren Buffett's famous investment rules are these. 1, Do not lose money, 2, do not forget rule no.1. And the principle is based on the fact that you cannot and must not invest in something you have no knowledge about.

Build a business around what you know. For me, I know how to write, and I know how to source for information. Thus I can and will only do businesses around information/ or education related products.

Lastly, this is the most obvious but also the most overlooked in both online and offline business. Niche. Specialize in an area and build your business around your speciality. If you are recongise as a 'guru', your business will eventually soar....

Feel free to add to this checklist...I am slppy and will do some modification tml......Good Night!


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Last edited by Ican : 23-08-2007 at 02:27 AM.
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Old 23-08-2007, 08:55 AM   #2 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

Well hey, this is really good!
Thanks for sharing.
Do post more of such topics!
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Old 23-08-2007, 01:00 PM   #3 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

I guess you too need a touch of creativity. As Ican said it, niche. Make it special and unique. That way, it is harder to duplicate. Thus making you a more prominent position in the market.

All posts made are of subjective nature by default, unless explicitly mentioned. I am afterall still human.
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Old 23-08-2007, 01:11 PM   #4 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

When there is already something that it is not a good opportunties. The best online opportunities are created by the founder themsleves and no one else can benefit that much.


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Old 23-08-2007, 04:51 PM   #5 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

A vy good reading materials for those newbie who wan to enter into internet marketing now. Its not a Get Rich overnight program, need to learn & earn at the same time, do nt get information overload also. My Internet Marketing Co I'm joining now is one of the example, I attend weekly workshop conducted by them locally and now start to see money coming in in my 3rd mth.


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Old 23-08-2007, 05:02 PM   #6 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

I should start being paid reviewing online business opportunities? :mellow3:


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Old 01-09-2007, 02:22 PM   #7 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

If you guys truly need internet business ideas, do click on the banner below. Nope, it is not a sales page. It is rather a blog that offers free internet marketing information.
All the best for your future endeavours.

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Old 02-09-2007, 10:30 PM   #8 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

hmm i hope to start investing in some programes soon and finding a niche.. But now i cant cos i dont have daily internet access since i am still doing NS. But i'll get along with those slow and small advertising programmes as i can tend to them during weekends or when i'm on leave/off..


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Old 03-09-2007, 01:03 PM   #9 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

Are you talking about SkyQuestCom or Success University? I have studied the two of them thoroughly and I will provide my two cents worth of opinion if you guys are interesting in getting before investing. :-)

All the best for your MLM businesses.

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Old 03-09-2007, 05:22 PM   #10 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

yes pls, tell us more about SkyQuestCom or Success University. I heard about them for some time, but as they require a monthly fee, that's why it kept me away for the time being..

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Old 03-09-2007, 08:15 PM   #11 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

Quote:
Originally Posted by kwokhua
Are you talking about SkyQuestCom or Success University? I have studied the two of them thoroughly and I will provide my two cents worth of opinion if you guys are interesting in getting before investing. :-)

All the best for your MLM businesses.
does SkyQuestCom (SQC) and Success Univeristy (SU) operates like a campus like those in poly? are they local? are they totally about MLM? do they have different programmes for us to choose? do they offer certificates? are the certs recongnised?
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Old 04-09-2007, 02:28 AM   #12 (permalink)
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Default Re: How to really spot an online business opportunities and what to do with it

If you want to know about Success Univeristy (SU), you can join me on my weekly thursday workshop. Only $5 per people. DO bring your pen and notes. You will learn someting new every week.

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Already started monthly passive income in just three months. :love4:


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