Set Up An Online Business With 6 Simple Steps

If you are interested, you can set up an online business and make money doing it. All it takes is a little bit of guidance and some hard work. But once it is set up, you can really do well. One of my favorite ways is to sell "one off products." I use the information in my head about a topic. I'm very familiar with, host a webinar, or a teleseminar, record it, and then sell it over and over again.

When promoting a one off product, you will want to follow these six easy steps.

1.) Pick a familiar subject. It should be something you can talk about for at least one hour, and I am convinced that everyone has a topic like that, whether it is pie making, photography, or automobile repair. No matter the topic, keep it simple because your goal is to quickly put out some good, helpful content that will generate cash flow.

2.) Create an outline. Let me give you a simple way to do this. Get out a sheet of paper, and write your topic in the middle of it. Then brainstorm some subtopics for your main topic. Write these down and see if you can come up with two good details about each one of these subtopics. You need maybe eight to ten subtopics with two details for each one. Once you have those, you have an outline for sixty-minute presentation. How easy is that?

3.) Connect with a free teleseminar service. You can find on to use for free and will allow you to host up to 250 people at one time. When I first started my online business, I could only host 100, so this is a great improvement. Remember to record your seminar an download it at the end.

4.) Tell people about your teleseminar. But who exactly do you invite? Your website, blogs, and email lists are a great place to start. I would just go nuts with this stuff and tell everybody I know that I am having this wonderful teleseminar.

5.) Sell tickets to your teleseminar. I gotta credit Jim Bob Howard for sharing this with me. There is a great sight called Event Bright, and it is free to use. Your customers pay Event Bright, and then Event Bright pays you. But the beauty is you do not pay any money until you start making money by selling tickets. They save you a lot of hassle.

6.) Record your teleseminar. Do it one time, and then use it over and over and over. You can sell the recording as an audio CD. You can have the recording transcribed and sell it as an Ebook. You can sell it together, the audio and transcription, for more money. You can combine one off products into a home-study course. There are really an endless steam of options you can come up with to make more money off of your one recording.

So what are you waiting for? Why not set up an online business today?

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Copyright Stephen Beck, 2010

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Stephen Beck can show you internet marketing basics and how to make your first $1000 on the internet. Go get a FREE link to his webinar replay, where Stephen shows you everything you should do: http://www.YourOnlineBasics.com.