How To Launch A 6 Figure Online Business

*Get Serious and Get Started*

By

Professor Theodore Henderson

It is straightforward to Launch A 6 Figure Online Business venture. For a couple of bucks, you can sign up for a domain name, get some web hosting, and install a WordPress site that is free and easy to utilize. You can literally be ready to go in a short few hours.  The real work is in making it successful, but more on that a bit later.

You will be required to pick an online business model such as affiliate marketing and then find some high quality products or services to promote (I cover this aspect in more detail later in the series).  Add some solid useful content to your new site and drive traffic to it, and you should make some money, though a small amount at first. It actually doesn’t get any easier than this to get moving.

A lot of individuals or “wannabe” entrepreneurs dabble in different online businesses. If something does not make them the money that they desire, then they quickly set up another online service that they think will. This causes many people to quit on the idea of making a success of their online organization.  As we continue with this series on how to launch a 6 figure online business the following is how you can get serious and get started.

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How To Launch A 6 Figure Online Business

1. You Must Take Your Online Business Venture Seriously

If you want your online company to succeed, then stop treating it as a pastime or simply “something to do.” Be sincere and make an emotional investment in it. You do not need to invest a great deal of cash, but you are required to be committed to making it work.

Regardless of what others may tell you, it can be difficult to launch and run an effective successful online service. When you have decided to launch a 6 figure online business venute, then set a goal for it (a monetary goal or service, for instance) and develop a plan for its success.

You need to identify the real reason that you started your online service. This won’t be just to supply a part-time or even a full time income. What will this cash do for you? Will it provide you with the flexibility that you yearn for? Will it enable you to purchase the essential things that you require in your life?  

Whatever the genuine motivations for beginning your online business are, visualize how you will feel when you have attained your objective. Make the sensations real, intense, and put it all in writing. You can develop a “WHY” and put it in affirmation form to read every day.   It will supply you with the motivation necessary to continue no matter how hard things get. 

Don’t skip this exercise.  Knowing your “why” is a critical success step on the road to launch a 6 figure online business.  it will get you through the setbacks.

Be Ready to Invest in your Online Company

Many beneficial tools will assist you in getting the outcomes you desire with your online service. These are going to need investment, so be prepared to make this investment.

If you are brand-new to the world of online commerce, then invest in your professional education too. There are both free and paid training programs readily available for all of the online business models. Many of the programs are free or budget-friendly. Make a determined commitment to be a master of your craft. Make it a point to continually look to discover new methods to enhance your online business regularly.

Buy visitor traffic for your online service too. If you do not get enough traffic to your website, then you won’t be successful. You can start slowly and then scale this up as you begin to see outcomes and generate more profits.

If you invested countless dollars in a conventional brick-and-mortar business, you would take it seriously, would not you? Just because you don’t require a great deal of money to start an online service does not indicate you shouldn’t take it seriously. In fact, it is vital that you do.

2. Getting Started With Your Online Company.

What do you need to launch a 6 figure online business? Well, you must have a website to promote whatever you are offering. There are free site services available, such as Weebly.com, Blogger.com, and WordPress.com. But we strongly advise that you avoid these totally free services.

Web users are a lot smarter than we once were to be. They understand that they can begin a complimentary website with Weebly, for example. This is fine if you simply want to blog about your life and let your good friends understand what you are up to.

But it is not suitable for business purposes. To generate income with your online service, you will need to sell something or promote a commissionable products and services. If people see that you have a blog writer site, they will understand it is totally free and believe that you are cheap or unrealiable. There is an extremely slim chance that they will buy anything from you.

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Get a Domain Name and Web Hosting.

The very best way to get set up to launch a 6 figure online business is to pick a domain name and link it with a web hosting account so that you can make your website reside on the Web. A domain name is typically available for around $10 from registrars like Namecheap.com and GoDaddy.com. You will be required to renew this each year or every two years.

There are a vast array of companies providing web hosting services, and it can be challenging to pick the correct one. One critical measurement is page loading speed. It is highly essential to your visitors and for Google search. So do some homework and find web hosts with the fastest servers. We have several excellent Hosting recommendations in our tools section for your review. 

Nobody will be interested in waiting for your site to load. There are many choices available they will just go elsewhere. This is a catastrophe for your online business so ensure that you choose a hosting service with fast servers.

Other features to look for with a web host consist of:

• Unrestricted bandwidth.
• Unlimited Storage.
• The variety and number of domain names you can utilize.
• Free SSL certificates.
• One-click WordPress install.
• Malware tracking and removal.

When you are starting a shared web hosting plan is an excellent idea. These are the least expensive strategies as you share resources with others. As your traffic increases, you can move to a dedicated server or VPS server.

Set up WordPress on your Domain Name.

The most convenient method to develop your website is to use the complimentary WordPress content management system. This is why your Webhosting must have a one-click set up for this (most of them now do).

When your domain name is connected to your web hosting, you can utilize the one-click WordPress setup feature. It becomes straightforward to then set up the platform on your domain name. You just need to offer a couple of information, and after that, click the install button, and a few seconds, later on, your site will be ready.

The primary reason that we suggest WordPress is that it is straightforward to use. You do not require any technical knowledge to set up your WordPress website or to begin adding your content to it. Change your website’s feel and look with a different theme and enhance the functionality with the many available plugins.

3.  More Essential Tools For Your Online Business

Even though we have emphasized budget-friendly tools requiring no specific technical knowledge, don’t get the wrong impression. Developing an effective, profitable online business is not easy, despite what you might have heard. You will require help and accurate knowledge, and luckily enough, there are many valuable tools available to help you. Here we will look at what we see as the vital tools you require for your online service.

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Keyword Research Tools.

An excellent online business always begins with outstanding keyword research. You need to understand what terms people are entering into the online search engine to find the details you supply. If you have an eCommerce shop, what are the words and phrases that people use to find the products you sell?

There are many tools readily available that will help you determine the keywords that individuals are browsing with. Among the best tools is entirely free and is called the Google Keyword Planner. You just need a totally free Google account to gain access to this tool.

You have to utilize a “seed” keyword to get things rolling with the Google Keyword Planner. If you find that approach too challenging, excellent alternatives such as SEMRUSH will provide excellent tools to make research more manageable and more targeted. So if your eCommerce shop sells shoes, then you can begin with the term “shoes.” This is an inclusive term, so you might want to improve it a bit too “womens shoes” or “guys shoes,” for example.

The Google Keyword Planner or an alternative like SEMRUSH will inform you of how many searches there are every month for these terms (by country). However, it will also supply associated keywords that you could utilize for your online service. You can download any keywords you discover in a CSV file or a Google sheet and save them for future use.

There are many other paid keyword research tools available if you aren’t happy with the two options I’ve mentioned here. All keywords have a degree of competition. Suppose you wish to rank your pages in the search engines totally free traffic. In that case, you need to understand how competitive each keyword is. The Google Keyword Organizer will not tell you this; however, others will.

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Applications for Document Creation and Handling.

You will need a data processing application and most likely a spreadsheet application for your online organization. Other helpful document applications, such as slide presentations, are equal to what you can create in PowerPoint and Keynote.

Google Docs is absolutely free and has some beneficial document applications. There are other solid easy to use open-source document tools as well. All you require is an Internet connection. Suppose you choose the applications to be set up on your computer system. In that case, you can purchase Microsoft Workplace or select one of the free application suites such as Open Workplace. 

Lastly, I always advise clients if they don’t already have access to office software don’t buy any.  Instead, even if you are not on a tight budget when you decide to launch a 6 figure online business use the free stuff first!  Google docs or open software options such as LibreOffice can more than do the job for you.

Autoresponder Service.

Building an e-mail list is strongly advised when you decide to launch a 6 figure online business or grow your online company. Only a small number of visitors to your site will buy the first time, and you can permanently lose them. If you can capture their e-mail address, then you can send them e-mails about your business at any time.

The very best way to record e-mails and build an e-mail list is to utilize an autoresponder service. This service allows you to send an automated sequence of e-mails to brand-new customers and a broadcast function where you can send out an e-mail out whenever you desire. You will pay monthly for an autoresponder service. See our Email Marketing | Lead Generation for suggestions and a free trial for our suggested tools.  

Analytics.

You must know what is going on with your online company to make crucial choices about it. The Google Analytics plan is complimentary and very thorough. You can see how much traffic you are getting for your web pages, where they came from, the length of time they remained, and much more. However, analytics alternatives, such as Hubspot, work pretty well if you find Google Analytics a bit too complex.

Don’t stop here.  This is a multiple-part series  There are more articles to come in this series to create and start your online business.  Keep an eye out for more on launch a 6 figure online business!

Visit our Recommended Business Tools page to review several excellent online business  & marketing applications.

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About The Author

Professor Theodore Henderson works with business owners, entrepreneurs, and corporate professionals on their business skills, marketing, and leadership strategies. He is an Amazon best-selling author, a Certified Career Coach, Business Skills & Leadership Coach, and a Certified Social Media Security Professional Powered by CompTIA.

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Visit The Wisdom4Business Blog for the complimentary series on business startup and entrepreneurship.

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Also, visit TheHealthyBusinessOwner.com for timely and useful tips and strategies for living a healthier lifestyle.