Before we get more into the three different business models we wanted to cover three quick things to keep in mind as you read through them and start thinking about which of them you would like to choose for your Internet business.
The three things we want to cover quickly are the importance of passion, deciding if having a partner for this new adventure of yours is a good idea, and the critical importance of finding a niche in the online marketplace.
After reading through these three things below you'll be in a much better position to analyze the three business models available to you to start your first Internet business. Here we go.
The importance of passion
Whichever business model you choose we believe it should involve something you are passionate about. Something you love to do.
Do you LOVE playing video games? Awesome, make that the focus of your business. Do you love chocolate (and who doesn't?), but do you really love chocolate? Great, create a web business around that.
Every web business that I've ever started has been based on something I have a passion for and enjoy thoroughly. I can't tell you how important this is. Because making money online is great, but making money online doing something you love is even better.
I have a passion for eBusiness (hence this site). The reason I wanted to start this guide was to (yes, hopefully make a little extra money) but also to help other people start web businesses of their own. Not necessarily to become millionaires or retire at the age of 30 or any of that, but to maybe help make ends meet, or maybe provide a little extra cash so they can save for their daughter's education, or provide a little bit of passive income so they can retire a few years early.
Not everybody who starts an Internet business is going to be able to give up their day job and to do it full time like I do. But I'm pretty certain most of you can, at the very least, create some incremental revenue for yourselves.
When I meet people and tell them what I do they say, almost without exception, something like "That sounds great, I wish I could do something like that."
I tell them that they can Anybody can, you just have to be willing to try it. When I mention this people generally say something like, "But I wouldn't even know where to start." And so I put this guide together so that when people say that, I can just hand them a business card with this web address on it and say "Now you do"