Archive for January, 2009

Starting an Online Business in 2009

January 27th, 2009

An online business can take many forms.  There are e-commerce sites, affiliate sites, corporate sites, storefront pages, and blogs.  Yes, a blog can be considered an online business.  In fact this article is primarily about this kind of business.

If you want to start a business online, then a blog is a great way to start.  For one, it is very easy.  Secondly, you can do it for free–although you may want to create a more professional looking site that you will have to pay for.  Thirdly, it is a great way to talk directly to your customers.

Heck, at this point you may not even have customers.  You may just want to start a content site, where information or entertainment is your “product.”  But if you do have a business of any kind, why not start a dialogue with other people out there who are in the same industry or may be interested in your product or service.  Starting a company website is a great way to do this kind of thing.  It will allow you to keep up on industry trends, new business opportunities, and may give you the edge necessary to move past your competitors.

Blogs have really caught on because they are a direct, rather informal means of communication.  You get the feeling that you are directly communicating with someone when you read their personal site and when you leave comments, you feel that your voice is truly being heard.  If you can leverage this kind of direct communication with your target audience–the people who have anything to do with what you do–then you will be able to create a new avenue for creating business.

Many blogs operate as free-standing online businesses.  You can make money online with content and content alone.  If you are lucky enough to be able to write really well and attract web surfers with your wit or you inside information, then you may be able to earn some money for your efforts.  Once you create some sustainable, natural, targeted traffic, you can monetize that traffic and get paid per impression, click, or action (meaning someone makes an actual purchase from your stock or that of an affiliate program).

Many people build sites for the sole of purpose of internet marketing and affiliate sales.  It is easy to tell when you are on one of these sites, because there is either too much enthusiasm for a certain product (or products) or it just doesn’t seem genuine.  The best blogs out there have a lot of enthusiastic readers (and tons of comments left by them) and this is usually a result of the person having a lot of “trust” and being perceived as genuine or an insider with specialized knowledge.

I guess the first step to creating an online business is to figure out what you want to sell, what knowledge you have to share, or what you are really interested in.  The closer to your heart your business is, the easier it will be for you to work on it.  By picking something you like to do, you will make your job ten times easier and if you’re lucky it may never feel like a job.

There probably has never been a better time to be an entrepreneur than today.  The internet speeds everything up.  You can technically start your business as quickly as you can type your first blog post about your industry, product, observations, or knowledge.

Say you work for a web design company.  You can start a blog about what it’s like getting started in that particular business, the trials and tribulations you go through in creating contacts and getting work, and things you do to get over the rough patches.  This is information people will want to read.  And hopefully, it will get you some more work opportunities.  Or it not, maybe that site ends up earning you some extra cash each month.  The internet is still in its infancy.  The possibilities are endless.

You can start a website for free at blogger.com.  It is a very easy to use platform (once you get the hang of it) and you can even start more than one site.  Internet business is a tricky, well, business, but why not jump in and see where it takes you.  I will write soon about some of the way to promote your site and get readers to see your work.

The How to Make Money Online Myth

January 15th, 2009

Every time you read about making money online, there is generally something written to the effect that “content is king.”  People say you need to write really good content in a specific niche and that will attract readers.

The truth is good content is not enough.  If you’re just trying to write something that will be pleasing to the human eye, then you probably won’t be able to make that much money online (I’m writing this post with Adsense in mind as the way to make money online from your website).  You need to write with search engines and Adsense in mind.

When you put ads on your page, you want the advertisements to be relevant to your content.  You want them to be so close to what you are writing about that people will be interested in them and may be so interested in them that they actually click them.  You want them to be so interested in these ads that they not only click them, they actually turn into a qualified lead or make a purchase from the advertiser who paid for the ad.

The more relevant your ads, and the more qualified traffic you “sell,” the better you will do with contextual advertisements like the ones Adsense dsplays.

When creating a website that you plan to monetize in this way, make sure to keep in mind that your post titles, the body text, and links going in and out of your site all inform how well you do with PPC ads on your site.  The better optimized your site is, the more money you will make online.

Read more about online business.

Finding an Affordable Web Host for Your Blog or Website

January 14th, 2009

anhostingwebhostOne of the tough things when you are getting started with a blog or website is to figure out the whole independent hosting thing.  When I first moved on from the free blogger.com platform, I really had no idea where to turn.

Every web host company said they had the best customer service and the least downtime, but for every shining review written by a user of the service, I would find one miserable one to cancel it out.  This is sort of true for any product I guess, and it really depends on the person in a case by case basis how they’re experience will be.

Some of the most popular web hosts are Dreamhost, BlueHost, and NearlyFreeSpeech.NET (which looks interesting, albeit a little complicated maybe).  I think if you surfed around looking for reviews you would find a lot of pros and cons for any service out there.  I would definitely do some research, talk to other webmasters, look for a good price, then dive in.

Here are a couple of things you want in a web host:

1) If you want to host multiple sites, you need to make sure you can host more than one domain (and subdomains) with your account.

2) If you are going to use wordpress, drupal, or joomla to create a blog, make sure it is easy to set up.  Look for an application called Delicioso, which facilitates one-click set-up of blogs.

3) Try to get a host that has pretty good customer service because in the beginning, you will probably be sending in a few emails when you inevitably get stuck.

The web host I work with is called AN Hosting (now part of Midphase).  I have had no problems with this service.  The technicians respond directly to my emails when I have an issue and are very prompt.  It is very inexpensive.  You will run your account from cPanel, which in case you don’t know is probably the most user-friendly way to manage a web host account.

When you sign up with AN Hosting, you get a free domain name–when I did I got the free domain for life; I’m not sure if it’s for life anymore, but I’ll look into it.  For the domain I got, which is related to my name, since I got it free for life, that’s about an $800 savings.

With AN Hosting you get tons of bandwidth and hosting space–believe me, you won’t be able to use it all.

You get one-click installs of blog platforms on your domains. You also can host 20 domain names, so if you are looking to build more than one site, you can easily do so by purchasing a new domain name and easily installing it in minutes.

You also get great service from a very responsive support team.  Some of the questions I asked early on were really dumb–but they always came through and helped me through the process or simply went in and fixed problems for me.

* Full disclosure:  I have been happy with this hosting company and recently re-signed for another year of service.  The link above is an affiliate link to their site.  I would not refer you to the site if I did not have a good experience with them.  I really just want to help you find a good web host to get started with your own WordPress blogs.  AN Hosting is a good choice because it is easy to get started and is a great price for what you get. Trust me, you will not be able to use all the ample room they and features they give you unless you are building enormous sites.  Even then you may not scratch the storage space you are allotted.

I originally signed up with AN when I read a really good and thorough review of the company written by a very respected WordPress blog developer Chris Pearson.  Everything he said about the company turned out to be true.  Visit AN Hosting.

*Update 4/24/09

I have now been with AN hosting for over two years and they continue to deliver great hosting and awesome customer service. I have never waited longer than two hours for the support team to get back to me with answers to my questions. Like I mentioned before in this post, sometimes they will just go in and fix the problem (after they ask me if it’s ok), which is pretty cool.

In my two years of hosting several sites with AN (including this site), I have experienced downtime ONE TIME. Even then, it was from 12 am to 3 am, not exactly prime website time. This is pretty incredible and one of the reasons I am sticking with this hosting company and why I tell my family and friends (not to mention my consulting clients) to work with them to host their personal websites.

What Separates Entrepreneurs from Employees?

January 14th, 2009

The obvious thing that sets entrepreneurs apart from employees is that entrepreneurs work for themselves, while employees work for others.  This is obvious.

But the thing that I think really separates these two types of people is a mindset.  Entrepreneurs like to be in control of what they are doing, they’re passionate, and they are ambitious.  They also don’t know they’re place and don’t need someone to tell them what to do, although, if theyr’e any good, they can take advice and really listen to other people.

Employees have the comfort of a steady paycheck.  They tend to know what they are going to be doing day-in day-out.  They hope to slowly climb the ranks in a given company, get raises, use vacation and sick time, and get a Christmas bonus.  Employees may end up making good money, but they might not ever make great money.

Since a dominant percentage of people work for other companies, it is hard to really separate them out from entrepreneurs in terms of personality or characteristics–it’s far easier to separate out entrepreneurs as a group since there are less of them. Employees may just be where they are because they’ve always worked for other people, have gotten used to the security and the 401k and the health insurance being taken care of, and haven’t had the initiative to move on and try other things.  Either that or they are making a lot of money.

But I think that everyone should experience working for themselves.  It teaches you a lot of things about balancing your own books, paying others for services, and it teaches you one more thing.

It teaches you not to be afraid of not having a job. You can fend for yourself out there in this world.  Read more about online business here at my blog.