So, you want to be an internet entrepreneur. The first thing you will need to decide is which online business strategy to use. You’ve probably seen the ads with so-called gurus promoting their courses on achieving six-figure incomes online. Don’t be fooled; they seldom work. The truth is, getting started as an Internet Entrepreneur and narrowing down a business strategy that works can be challenging.
However, when you remove all of the window dressing and break the strategies down to the basics, there are three that make up nearly all of the entrepreneurial ventures that are out there. Which one you choose will depend on your personal preference, your unique skills, and where you see a gap in the market.
The first of our three top strategies are service providers. There are plenty of online opportunities to provide in-demand services. Graphic design is one good example; freelance writing is another.
If you are providing a service and getting paid for it, you are an entrepreneur.
Another big boom in Internet entrepreneurship is affiliate marketing. With the creation of sites like Clickbank and affiliate programs offered by leading retailers like Amazon, affiliate marketing is one of the most successful online ventures available.
With affiliate marketing, you find the customer and send them over to the seller to buy the product. The seller pays you a commission. Of course, you have to find the right product, not to mention have a solid plan for getting in front of people, that’s a challenge in itself.
Instead of being the middle man, referring people to other businesses, you could instead be the person that they are buying from directly. You could create an info product of some kind that you’ll be able to sell to the Internet at large.
One of the more popular ways to do this is by writing and publishing an ebook on Amazon Kindle. Another option is to put your product on products on Clickbank.
Of course, you don’t have to stick with one. You could combine the above strategies. There are no hard and fast rules when it comes to being an internet entrepreneur.