4 Simple Business Methods for New Online Entrepreneurs

So, you want to be a successful entrepreneur. But which business strategy should you choose? There seem to be so many out there, with each so-called guru touting a different philosophy, that it can be very difficult to narrow down a business strategy that actually works.

However, when you remove all of the window dressing and break the strategies down to the basics, there are only 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 hole in the market.

#1 Service Providers

The first of our three top strategies is providing some type of service. There are many occupations that provide a service where someone can become an entrepreneur.

Graphic design is one good example; freelance writing is another. Whenever you are doing a service for somebody else and they are paying you for it (while not in the employee of another person or company) you are an entrepreneur.

#2 Affiliate Marketing

Another big boom in online entrepreneurship is affiliate marketing. With the creation of websites like ClickBank, the affiliate programs offered by leading retailers like Amazon and the big profits that could be potentially earned, affiliate marketing is one of the most popular entrepreneurial ventures today.

With affiliate marketing, you find the customers, send them over to the seller to buy the product and the seller pays you a commission. Of course, you have to find the right product and a solid strategic plan because getting your offers in front of people can be difficult nowadays.

#3 Info Product Creation

Rather than being the person that receives the commission when someone buys a product from someone else, you could be the person that they are buying that product from. 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 publishing Kindle content on Amazon, but the products on ClickBank can also be part of this strategy.

#4 Combining Strategies

Of course, you don't have to just stick with one. You can always combine any two or all three if you like. There are no rules when it comes to entrepreneurship. If you can create something that sells, or add value to someone else's life in exchange of money, you are an entrepreneur.

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