Hello and welcome.
Emmanuel again and today we discuss the online biz models that you can use to create your very own online business and start earning passive income. Most newbies I have met usually don't know that choice of an online business model is a very important decision they MUST make before they start an online business.
Because they do not explore and make an informed choice of the business model to pursue, they move from one model to another and eventually lose focus. They fall prey to what I would like to call "web vultures" selling them what has been termed "Shiny Objects" They eventually suffer the deadly online disease SOS - or Shiny Objects Syndrome and eventually throw in the towel, giving up their dreams along the way.
In every thing you do in this planet, one thing is clear - you need focus. Choice of a particular online business model gives you a good head start. I can straight away mention several advantages here to make my point.
- You can leverage your strength via a unique business model. The strength could be a geographical advantage that you enjoy, or a skill set that only you have.
- It helps you focus especially on a particular niche on the web. You are not able to serve the whole world. Damn it - you will fail miserably. Even the famous Coca cola markets to specific niches. You can only serve a specific niche with a specific business model. The web is too big and all of us can have a share of it.
- You can progress one step at a time thus guaranteeing success
So, when I ask my friends which business model they are following, they usually have no clear answer, because they are drifting from one model to another with not proven results.
If you don't currently have an online business this page is going to be a gold mine for you! The first step in making-money online is to know HOW you want to make-money online and this post will help you start to understand your options.
I will summarise the various business models right here. This list is not exhaustive, so your comments and additions are welcome. So here we go
- Basic affiliate marketing business model
- MRR / PLR / Resell Rights business model
- Building Niche websites and flipping them for cash business model
- WordPress Plugins and Theme Developer business model
- Mobile App Developer business model
- Multi Level Marketing business model
- Kindle Publishing business model
- Service Provider business model
- E-commerce Store business model
- Software Creator business model,
- Digital Product Creator business model,
- Graphics Provider business model
As mentioned earlier, the first step in making-money online is to know HOW you want to make-money online. Now you know your options. Which options are you considering?? If i have left out any business model which you know of, please tell us in your comment below.
To your success
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