Self-Employment Opportunities

What do you Need to Start an Online Business [ESSENTIAL]

Hi, my name is Ria. Editor and writer behind this website. An ordinary mother that one day wanted to break the mold and set out to conquer what I thought was impossible, earn money from home.

Over the years, the idea of working online has become incredibly popular and achievable. Many people are reaching their goal of working from home and are now spending more time with family. What do you need to start an online business? is the answer that many want to know and, it doesn’t surprise me. Online shopping is a thriving market, and projections are that it will continue growing.

What do you Need to Start an Online Business

I am glad you found yourself on my website because I would like this to be your starting point. This journey, where you will learn what’s necessary to create a successful website, has a goal of generating passive income at a sustainable rate.

Can Anybody achieve success in the online world?

My answer is YES! but you need to get trained.

Where can I get Affiliate Marketing training?

I have created a full review where I explain why Wealthy Affiliate University is My #1 recommendation for Affiliate Marketing Training.

I know by experience that with the right training, hard work and perseverance, anyone can achieve a sustainable income without a capital investment.

Anybody, regardless of their background, can achieve success. College students, aspiring entrepreneurs, stay at home parents, retired can create a successful online business.

To build and maintain a successful website can cost you less than $2 a day. And is like having someone working for you 24 hours a day, 7 days a week, without taking breaks. This someone is a website that you will build using a platform like WordPress in just 5minutes inside Wealthy Affiliate University.


#1. CREATE A WEBSITE

what do you need to start an online business

“But Ria, I don’t know anything about websites or how to build them”

Don’t worry! I have great news. In this day and age, there is a multitude of platforms that will help you build a website without the need of knowing a programming language, like HTML, CSS or PHP.

Thanks to the tools offered by these platforms I created my first blog and my knowledge was very limited.

I assure you that many people in the Wealthy Affiliate Community have achieved immense success. Many of the student members started as a newbie with the free training and they have seen a lot of success. You can also have the same access to those tutorials too, what is stopping you?

Why should I follow training if there is so much information out there online?

You are right!, there is a ton of information out there which could be compiled from blogs, YouTube videos, etc. But you know what?

The main key is not only to have access to the information, but also to have proper direction, guidance, and a community to turn to for support when needed. Completing the Wealthy Affiliate training is what worked for me and it is the reason why I recommend it so much.


#2. MONETIZE YOUR WEBSITE 

There are several ways to monetize a website but, I will explain the three powerful ways I use on my sites. Affiliate Marketing, Google Adsense and Selling advertising space.

Affiliate Marketing

This is one of the most popular and quickest ways to generate income within your site. You can promote or market any items and earn a commission when they sell. There are many affiliate network programs that encompass multiple stores. Once you have your website, you can sign up and start promoting their products through affiliate links. You can earn a commission of up to 50% of a product.

Pay Per Click

The second way to monetize your website is through Pay Per Click Advertising. There are a few companies that offer this way of earning income but, I will explain Google Adsense because is the easier to get approval for.

To me, this is the simplest way to monetize your website. Once you start seeing traffic, you will be able to apply for Google Adsense. When you get the approval, you will receive a script code to add to your website. This will start generating ads in your site and every time someone clicks the adds, you receive a commission.

How much this usually pays? You can get from ¢50 to $5 per click. This can be very good once your website has picked up in traffic.

Selling Advertising Space

The third way is by selling Advertising Space, this, in itself, can be done in two ways. You can rent a section of your web-page for advertising, usually the sidebars. You can come up with a price and sell your own blog space to different companies looking to sponsor. The other way is by reaching out to a sponsor, by way of a written request, to see if they would be interested in sponsoring your website. If they are, they will offer a rate per the number of views that a specific page has. Typically, it’s one dollar per 1000 impressions (or CPM).

Dropshipping

I am not a drop shipper but I know few colleagues who are absolutely doing well with drop shipping. It’s the process of finding a supplier through an online platform such as AliEexpress and selling products to your customer.

What else do I need?


#3. YOU NEED PASSION & MOTIVATION YOU NEED A PROPER MINDSET

This is essential to achieve success in the online business

If your goal is to generate income from your website you must be ready to work hard. There is no easy path. But if you have heard otherwise, I am sorry to break it to you, it is all wishful thinking. There is no ‘easy’ money online. There is knowledge to be acquired, training to follow and hard work in order to generate good income.

Like Thomas Edison said “Genius is one percent inspiration, ninety-nine percent perspiration” clearly meaning that hard work is not only necessary but what really creates results.

Fortunately, many tools, training, and support is available to you and will help you through this learning phase. If you allow me, I commit to help you with all of it. You only need to commit to follow the training until you achieve your goal.

Remember, the money will be earned as a result of your knowledge and effort. I know making money through a website is possible and many are taking action right now!


#4. A Real Business Involves Hard Work but also Patience

Hard Work of online business

If you’ve owned a business, you already know what I am talking about and you agree with me. If you are new to any of this, you are starting to know as well.

There is a huge market out there with many opportunities but many people give up after a few months of trying. You know why? because they lose patience and don’t allow themselves the right time to see results. I estimate that for many, it may take a whole year before you see results. This type of endeavor starts with applying certain SEO techniques and by creating content and, due to this, it requires time for the search engines to correctly place your content in their search results.

Something that helped me personally when I started, and to this day too, was having a mentor and a community that I could count on. Whenever I had doubts or I faced obstacles they had my back. This was essential for my business and this is why I am here today with a purpose, helping everyone who would like to build a successful business through a website.

Personally, I think that working online is very straightforward. But if you would like to enjoy it to its fullest, if you would like to have maximum creative output, is good if you start creating a website about something you really like and feel passionate about. Creativity is the offspring of Passion, or so the saying goes. When choosing a niche for your business, it can help to choose one that reflects your passion and enthusiasm.


#5. Have a clear motivation and Stay Focus on what is that is driving your desire to do this type of business.

Do you want to work from home? Do you like writing? Do you like photography? Traveling? Cooking? Playing video games? If you have a passion for something or If you know you can help people in any niche, I assure you can succeed online.

There are many affiliate programs that will allow you to earn money while helping others.

I started in the online business for two main reasons: first, I wanted to work from home which would allow me to spend more time with my family. Second, because I wanted financial freedom. What helped me during my early days? Having the “why” front and center of everything I was doing.

I am telling you this because it is what is going to hold you up and help you not lose sight of your goal. A clear motivation will push you to continue creating more content and get through the difficult spots when you are tired or when you are not seeing results.

Would you work for 6 months to a year creating quality content for your business? Will you have the patience and perseverance to create at least 50 posts and see your business mature and grow? Reaping the benefits and earning passive income from the comfort of your home or anywhere in the world? Many would say YES!

If you agree, count on me with my full support.

Click on the button below where you will find my review of Wealthy Affiliate, its training and the benefits you can achieve by following it. You will find the whole picture, including detailed information about the yearly cost to build and maintain your online business.

check my WA review3

Please leave me a comment or question below and I will be happy to help in any way I can.

I enjoy helping people who are starting as a blogger and building an online business around anything they are passionate about.

See you around,

ria
Smart Leader Affiliate

2 thoughts on “What do you Need to Start an Online Business [ESSENTIAL]”

  1. Hi Ria,

    I really enjoyed reading your post! I’ve been interested in finding a way to make extra income and it seems that creating an online business is the best way to start.

    I have the skill to gather information on starting a business, but it can get tedious. But knowing that a lot of the knowledge to do this is found at Wealthy Affiliate, I might give it a try. Heck, if there’s community guidance, it’s definitely worth checking out.

    Can you tell me if there is a lot of admin work related to running a website/business?

    • Hello Lan,

      Thanks for your comment. When you set up your online business website inside Wealthy Affiliate Platform, your admin work is reduced almost to Zero.

      The only thing you have to do is to maintain your possible annual subscriptions for training and hosting.

      This business model is awesome!:) You don’t need to manage employees or inventory and because you can work from home you save money on things like commuting and commercial rent.

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