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How Can You Build A Legitimate Business Online? - Business - Nairaland

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How Can You Build A Legitimate Business Online? by mokumsamuel(m): 2:51pm On Sep 12, 2014
It is true that the internet hasn't been around for a very long period, but it has rapidly become a part of our daily lives (one way or the other). We may not be the type that go online everyday but you can definitely bet that most of the people and businesses we deal with do go online everyday (for the fact that you are reading this now means you are online). But regardless of who is going online or whatever reason, it all boils down to one key thing: "communication". Communication could be between family members, friends and peer groups and also between business owners and potential clients or customers.

The internet provides a wealth of opportunities for so many businesses and individuals, think of Amazon, Ebay, Facebook, Twitter and the likes, these are all internet based businesses that have made several billions of dollars for the respective owners.

Coming back home, our very own Akin Alabi has made it big through his online company (Nairabet) and his info-marketing business. Linda Ikeji is another name to reckon with as she has taken blogging to another level.

The trend aims at unlocking the keys to making a legitimate income online.

Join me on this as there is so much to learn from.

See you soon!
Re: How Can You Build A Legitimate Business Online? by mokumsamuel(m): 3:48pm On Sep 12, 2014
Here are some of the things we will be looking at right here:

#1. Starting Your Own Import Business With Little Capital

#2. Blogging (For Fun & Profit)

#3. Affiliate Marketing (Selling other people's products online and earning a commission on every sale).

#4. Creating Your Own Product(s)

#5. Using Social Media To Your Advantage

Please indicate your interest and we will set the floor rolling!
Re: How Can You Build A Legitimate Business Online? by Activityj(m): 7:11pm On Sep 12, 2014
They are coming!
Re: How Can You Build A Legitimate Business Online? by Kellyfocus(m): 9:42pm On Sep 12, 2014
#4 creating your own products
Re: How Can You Build A Legitimate Business Online? by Skillz02(m): 10:58pm On Sep 12, 2014
i have a guide on a zero capital investment
which can earn a SERIOUS MINDED person
$1000 monthly do the calculation yourself
and know how much i'm talking about
1000x160:.......
yes !!! its possible i'm talking about
FIVERR.COM


email me at tycoongig@gmail.com
if you want this free guide
Available for just first 10 people
to drop their email address so ACT FAST !!!
Re: How Can You Build A Legitimate Business Online? by mokumsamuel(m): 8:58pm On Sep 15, 2014
How to Start a Home/Internet Business

How do you start a successful home-based business? What needs to be in your consideration?

Below is a 6-step guide:

#1. Assess your skills and knowledge
You need to know what you are good at and what you are not so good at. Identify your strong points and your weaknesses. This can help you gauge if you are suitable to embark on a home business. As a home business owner, you will need to run a lot of tasks on your own, from planning, business management to the field work. Make sure you can carry out the tasks needed.

#2. Generate business ideas
Start brainstorming from your interest and passion. Get your family to involve as you will be using part of their space for your business. Many home businesses have failed because they were not treated as a REAL business.

#3. Test the market
Shortlist your ideas so that it contains only those ideas that can work for a home business. Be practical. Think whether people will want to spend money on the kind of products or services that you can offer, how much and whether this will generate sufficient income proportional to your effort. If no, get back to Step 2 for more ideas. Being persistent is important at this stage because many people gave up after facing the obstacles.

#4. Understand the legal barriers.
Check if there are any rules or regulations controlling the starting up of a home business in your state or country. If yes, figure out how you want to get around them.

#5. Determine your capital.
Calculate the amount of money you need to start up your home business. The cost should include the purchase of any work kit (laptop, smart-phone etc) hire of any professionals (e.g. lawyers) and insurance (these professionals will be needed when the business starts growing BIG). You might not be familiar with all these so take your time to do some price checking and bargain.

#6. Plan your business – break even points.
Once you have obtained a clear picture from Step 1 – 5, it is time to lay down your business plan. Find out your break-even point and how many products you need to sell in order to get back your investments.

I hope you have learnt something new today. If you have, please like and leave your comments below.

Coming up Next:

* Why Home/Internet Business - The Untold Benefits

* How To Identify Profitable Niche Areas

Do leave a comment or question if any.

See you soon!

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