eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 

Your Online Guide » IT Hardwares » Computer Hardware Guide

[L536]Looking For Online Business
by Fadzli Jafar, Fad

Every newbie think starting a internet business can make easy money just in one night.Why? A lot of ads in the internet show we can grab easy money $40/day. 5000/month or any amount that can blind their eyes temporary. Actually all ads is true, it's will turn your fortune, but not in one night (at less someday).

The real thing is the ads talking about expert that already devoted for long time and this is their main stream income. It's like toothpaste commercial ads in TV, you can't get whiter teeth only with one brushes. You need brush everyday to get maximum result. Same as internet business, you need to “polish” it every day to get best result.Newbie need to realize in internet business need to put effort, discipline, determination and focus.

If this for elements newbie cannot implement in beginning stage, for sure they can't survive long in this area. Newbie must remember Rome is not built in one day! Sometimes after joining one program their found that they cannot get similar result as ads said. They need to study where their mistake or what's wrong with their strategies. They must back to basic. Ask them self by using 5W1H (What, Why, Who, When, Where, How).

Most of Newbie failed after tried for few months. They get upset, the investment they made not return as their wish. That's why some of newbie that failed in this field goes to another ways to get easy money. By joining pyramid scheme that promise to get more money is shot period of time. A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, without any product or service being delivered. This normally happened in developing county in Asia, Africa or South America. Recent case happened at Columbia.

Where people goes to street and tried to storm the offices of rogue investment firms.Not all newbie turn like that. Some still determine to continue their journey even after 2-3 month start as internet entrepreneur without any check fill in their bank account.

Why? Because they realize the money not fly away into their pocket easily. A lot of work needs to do to build a strong foundation.There have many ways to build up a strong foundation by joining forum in related business area or get expert advice. For sure some advice or guide needs to pay. But you can get it for free as long as you know where to find in the internet. Actually Online business is same as offline business. Look around your resident area. You can found successful businessman.

How they start a business? Are they have talent to start business just in one day? Woke up in one day and said “I want to start a business today! Lets rent a shops today and sell something there” and after few month the become a rich. I'm bet you never found one! All successful businessman learn to crawl first before they can start walking. After strong foundation, they start running without looking back anymore.

What the best advice for newbie out there?

1. Do a research again. What kind of best strategies to get more income on the internet. Find latest strategies in the internet how to increase everything. The best place to start is participating in forum board. A lot of advice you can find there.

2. Cannot fail in planning. Need to plan everything before start any strategies. Study pros and cons. Choice less risk strategies plan.

3. Record every thing. As newbie write down everything you do. This will help you to know what the best strategies you can choice in the future. You can duplicate again and again until it don't work anymore.

4. Plan your budget wisely.Don't over shoot your budget. If need purchase something, look around article review about the product in the internet. Sometimes a cheap product work well. Sometimes don't give a positive result. Remember read a review first.. Choice independent source that not related to the product.

5. Eager to learn and tries new knowledge.As newbie a lot of things need to learn. Don't afraid to try as long as it is affordable. The best things find a freebie first before purchase anything. Use it at maximum level. Gain everything from it. After all, you don't know the result if never tries at all.

6. Creative and Innovative. This is the most important part and difficult to achieve. Find a Creative and innovative idea for your business. Find that no or less people do in their business strategies as long it is not illegal way.

This can achieve by a lot of reading, spending a lot of time to study the competitor strategies and thinking. If you achieve this level for sure you not a newbie anymore, you already become tycoon in this field.


Product sourcing is one of the most exciting aspects of business but it's not without challenges. Think of it as treasure hunting. Sourcing includes some of the most important facets of business such as research, relationship building, negotiation, quality control, and more. Having a great idea is not enough to succeed in business. Your idea is the starting point for finding the source for your product.

You have several options. You could build the product yourself or hire a manufacturer to build large quantities for your; you could buy it from a wholesale company, or have a drop shipper ship it for you, you could import it from overseas. There are many possibilities, and your goal is to find the right solution for you.

The real power in sourcing is buying smart. Your customers expect to get a good deal buying from you and so should you when sourcing for your business. One of the most important strategic decisions you make has to be about buying low. If you overpay for your products, you'll price yourself out of the market. Nothing will hurt you sales more than a high price.

People shopping online will seldom purchase on the first site they visit. Expect them to shop around before making a purchase. If you are more expensive than your competitors, your sales will suffer. Just like your customers, research before you buy. Find out how much similar products sell for online. Don't compare apples to oranges, and study online pricing rather than brick-and-mortar pricing. A product that sells for a couple of dollars online could easily sell for $9.95 in a mall shop.

Before you make your buying decision, be sure to determine what margins you need to succeed. Once you have done your homework, you can begin sourcing your products.

Practical Example: If you plan to start your business from your home, look for small products. The less space you need for storing your inventory, the more money you save on warehousing. There is nothing wrong with storing your inventory in your home until you can afford to rent a warehouse.
Article Source : Pg. 277

About Author
Both Fadzli Jafar & George Meszaros are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Fadzli Jafar has sinced written about articles on various topics from Computers and The Internet. Fadzli Jafar is owner of www.profitstore4you.com and writes on a Home Based Business. To learn more about starting your own home based business earning 6 streams of income visit. Fadzli Jafar's top article generates over 720 views. to your Favourites.

George Meszaros has sinced written about articles on various topics from Computers and The Internet, Affiliate Programs and Massage. . George Meszaros's top article generates over 368000 views. to your Favourites.
EditorialToday IT Hardwares has 2 sub sections. Such as Computer Guide and Hardware. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors