Choosing An Online Business Model

Choosing an online business model

How do you go about choosing your online business model? Most people give surprisingly little thought to this core part of setting up a business..

The selection strategy that most people use is to choose the business model that they last read about and got excited about as a result of getting an email in their inbox.

That’s not a strategy, is it?

I cover the topic of choosing a business model in my Internet Professionals Master Agenda Program, but there is one consideration which I DON’T mention – and now that I think about it, I’m embarrassed that I didn’t cover something that is so OBVIOUS.

This is one of the most important factors when choosing your online business model

  Consider the likelihood of success of that model.  

Obvious, isn’t it?

Of course, ultimately, success depends on you taking massive action over a period of time – but why not take that action in an area where you are MUCH more likely to succeed because the odds are ALREADY stacked in your favour?

Here is the first of three videos by Jeff Hunt who will tell you more about a business model where your chances of earning money on DAY 1 are probably better than 99%.

Your first reaction is likely to be “that’s obvious – what’s so new?”. It’s not new – it’s just that very few IM Gurus are talking about this.

Interesting, don’t you think?

Jeff has a facinating background (Project Executive at IBM, Humanitarian work), but most relevant to this topic is that he has purchased over 300 websites, written a book on website investing and is a strategic advisor on the topic.

If you find it exciting but think “investing” = “big startup capital” – don’t be put off. Stay with me on this.

In the next day or two I will be posting more of Jeff’s videos here so you can learn more about why you should seriously consider website investing when choosing an online business model.

Alex Goodall

 


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