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Online Business Ideas: Lessons From Real Life - part 1
by Stephen Beck

Are you looking for some online business ideas?  Sometimes the ideas on the internet can be hypothetical, but if you are like me, you want to hear a real-life person's story.  You want to hear how he or she built a business from scratch and not because he is an internet marketing expert.  I know exactly what you mean...

online business ideasSo a little bit about us.  My wife Kerry and I really are the Couple Next Door.  We are not gurus.  We are just two people who happened to get into internet marketing by accident.  We stumbled upon the secret to creating information products that are very profitable, require little time, and give us tremendous amounts of freedom.  I am a poster child for somebody who started an internet company late in life.  I did not start this thing until I was in my 40s.  In fact, I started all of this because I was going to seminary and did not have my regular income.

Online Business Idea #1 - Start With What You Know

Basically if we can do it, you can do it.  Before I had my online business, I was a remodeling contractor for 20 years.  My wife started a little company called Curriculum Connection.  And it was designed to help home schoolers find curriculum.  All of a sudden, she was asking me, "Steve, how do we build web pages?  How do we go online?"  So I had to figure that out.  And I was definitely just groping in the dark, but I figured out how to do it.  And then on top of that, I decided to attend seminary.

So I was 2000 miles from home.  No friends, no family, and no job.  And I had to replace that remodeler income it took me 20 years to build.  I had to replace it fast.  And I had to do all of this in my part-time because seminary required me to read 15,000 pages a year! 

So I started looking for the perfect business.  And the reason I tell you this story is to say, "I know you are busy.  I know you probably have a full-time job.  I know that you are experiencing the same things I was experiencing.  But you can start an online business on the side in your part time, and pretty soon, if you work it right, it will eclipse your day job."

Online Business Idea #2 - Define Your Criteria

But like I said, I started looking for the perfect business, and these were my criteria.  I wanted to do something one time and get paid over and over.  I wanted to invest a few hours a week and get paid really well.  I wanted to sell a product, have it get delivered, get paid, have my partners get paid if I had some, all without me doing a thing.  I wanted it on autopilot.  And I wanted not just to get paid one time for a product.  I wanted to turn every sale into a monthly income stream.  I wanted low start up costs, high reward for little risks.  I wasn't asking for too much was I?

Well, a lot of people would say I was asking for the moon.  But think about this.  The only thing I know of that will meet all of those criteria is selling information products on the internet.  Because with an info product, you can create something one time and get paid over and over and over. 

You can invest a few hours a week and get paid really, really well.  You can sell a product, have it get delivered, get paid, have your affiliate partners get paid all without you doing a thing.  Just set it and forget it.  And you can turn every sale into a monthly income stream. 

Online Business Idea #3 - Start Small

It was very low start-up costs.  In fact, that is one of the questions I am routinely asked.  "Steve, how much does it cost to start an online business?"  For $15 a year for a domain name, and that is kind of high these days,  and $50 a year for hosting, and $20 a month for an autoresponder, you can set up an online business.  And that is really all it takes to get started.

If you have an idea, why not start today?  These online business ideas are practical and easy to do and can get you going on a path to greater financial freedom.

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Copyright Stephen Beck, 2010

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Stephen Beck can teach you online business how to and show you how to make your first $1000 on the internet. Pick up his FREE webinar replay where he shows you everything you should do: http://www.YourOnlineBasics.com/go.html.