Friday, September 21st, 2012

10 REAL Steps To a SERIOUS Online Business

I got this question from one of my “7 Day Ebook V2.0” customers today:

“I’m so tired of empty online guru promises. How do I build something that will create income in the short-term and build a real, scalable business in the long-term?”

You have to start small and build step by step. In fact, here are the 10 steps I’ve used repeatedly to build up my own online businesses.

1. Find “the” niche

Find the niche that’s right for you! That means you have a high level of passion for it, you love to DO things in it, and you get enormous satisfaction from spending time in the niche. By the way, I wrote an entire article on just this topic of finding your passion. http://www.igottatellyou.com/blog/how-to-find-your-passion/

2. Create Your “flagship” product

You need to be “known” in the niche for something. Whether it’s an ebook, a popular blog, or a series of videos, you need what I call a “flagship” product that people can love, tell others about, and build your reputation.

3. Build a following

Nobody makes it online without a following. Whether it’s blog subscribers, email subscribers, or Facebook followers, you need an audience that follows you. You’ve got to capture and hold people’s attention over the long haul and build that audience.

4. Write & Publish new, related ebooks

People in a niche want more and more all the time. Think about it. How many books do you own by the same author, especially if you’re passionate about a topic?

If people like you and like your stuff, they will pay for more ebooks BY you! You must publish consistently for the SAME niche.

5. Keep growing your following

You must keep growing your list with new members of your niche.

If you don’t, you’ll fail over the long term, no matter how successful you find yourself in the short term. Build your list by consistently doing several of these strategies:
- Webinars
- Teleseminars
- Media Buys
- Guest Blogging
- Free Reports
- Article Marketing
- Blogging
- Videos
- “Smart” Social Media

6. Offer related eclasses

A popular ebook needs an interactive class based on the ebook. A significant number of people who buy your book would LOVE to interact with you more, and eclasses based on your more popular ebooks make a great way to do just that.

7. Offer “specific” high-end coaching

Some people will want even MORE interaction with you than just an eclass. You can offer 1-on-1 or email coaching around one specific topic in your flagship product for individuals willing to pay extra for more help.

8. Grow Relationships

Never lose sight of the fact that you must always actively engage in the process of building your following and maintaining, growing, and developing your relationship with them. The people who win are the ones with the most, deepest, and most meaningful relationships with members of their niche. “Churn and burn” gurus will get what they always get in the end – a rude awakening!

9. Stick to Fundamentals

Stay away from fads, “bright shiny objects” and all the latest bullshit. No matter what niche you’re in, there’s always something new and wonderful that ultimately turns into a “ho-hum” experience. Stick with what works and follow your passion in and for the niche. Consistency and intensity ultimately win the day, not the latest and greatest.

10. Be an “Authentic” Leader

Keep your eye on the horizon for trends that will have a major impact (positive or negative) on your business, your niche, or the way you communicate with your group. Be the one who spots the real trends and leads people forward. An “authentic” leader helps, guides, and protects his or her followers. A leader THINKS about the impact their actions have on their followers and does NOT do everything just to turn a dollar.

TRUTH: Most people stop at either step 2 or 3 (if they even get to stage 1).

My opinion: It takes 12-24 months to do this fully… and then you must work it like a real business. Most people get bored or it doesn’t happen fast enough, so they just move on to the next thing — and the “gurus” are more than happy to take their money with promises of easy riches.

People would much rather believe there’s some “glitch” or “secret” or “magic” that will get them what they want. Very few will embrace the fact it really comes down to hard, smart, consistent, passionate work and that (online) success is a journey. But those who do will find the success they want and much, MUCH more!

If you’re serious about starting that journey – or moving further down the trail – then you need to join us on “The Jim Boat 2013: Cut The Crap cruise!” This is the real deal for what’s working online RIGHT NOW and produces REAL RESULTS! Get all the details here: http://TheJimBoat.com/early-bird/


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Category: ebooks
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20 Responses

September 21, 2012

Jim, thank you for this article. It was refreshing to see that you recommend true and tried tactics to build a sustainable business. One idea that I took away from this blog post is to create an e-class around your ebook. That was an aha moment for me. I do have a question. In Point #5, you mentioned several ways to grow your following. What do you suggest as the top 3 ways for someone getting started?


September 21, 2012

Hi Jim, I don’t think you could explain it any simpler. Follow your steps and you’re on your way. You’ve shown the way, now all one must do is act on it.


September 21, 2012
Bob

Jim,.

The 10 Steps are right on target. You are right, most people do quit around step 2 or 3.

For me, the first 3 words of the last paragraph say it best, “If you’re serious ….”

Thank you for telling the truth.

All the best.
Bob


September 21, 2012

Hi Jim

Thank you for inviting me over, I always learn so much when I visit your sites. I just want you to know that I value highly your business expertise and mentorshiip. This articles is a list that I think should be a requirement for anyone in business or that wants to be in business. It explains the steps involved to build a successful life,business,product,relationships.

I have had some real life challenges lately that in some cases been a rude awakening, a new beginning, and seriously stressful. I know what my passions are now. Your 3 step process verified what I have put into action. Even though they are baby steps right now. We all have to start somewhere. Having been truly sun burnt by the shiny object syndrome,and I mean burnt, I can testify that it is a path to nowhere, a expensive path too.

The cruise sure sounds like a lot of fun, I can’t swing it right now but by this time next year my goal is to be on the Jim Boat and that’s final :)

Thank you
Kathy


September 21, 2012

Hi Bob,

Glad you enjoyed it :D

Jim


September 21, 2012

Hi Kathy,

Sounds like you’re really getting it together… we’ll look forward to seeing you next year on The Jim Boat!

Jim


September 21, 2012

Adrienne,

My suggestion is you pick the 3 that YOU will do:
- consistently
- intensely
- long enough to get results :-)

That’s my serious answer!

Jim


September 21, 2012

Hi Don,

Well said!

Jim


September 21, 2012

“Most people get bored or it doesn?t happen fast enough” that needs an amen!

The sad thing is unless you’re incredibly sharp I think it takes a while for to finally realize that’s the truth and “pass” on the hype. It took me a long while to figure that one out. It’s just lucky I’m a little persistent.


September 22, 2012

Brilliant Jim!
This article could actually be the foundation of a book. Your wisdom helps many and this article speaks truth, wisdom, and provides a plan of action! Bravo!


September 22, 2012

Jim,

Love the article!

Love the artwork!!

Wendy
PS. Who knows, maybe one day you will see me on the Jim Boat too….I continue to admire you for what you stand for :-)


September 23, 2012
Ray k.

Jim,
I have purchased your 7 day ebook. Course. it offers tremendous value , since I am actually using it to build a 2nd business.
The information you have provided in this post is gold. Thank you for that.

You are a shining light in an industry of many gurus. Who only throw shiny lures out to their list
Over and over.

Wish you continued success!

Ray K.
Toronto, Canada

Ps folks. I dont know Jim , but he is the real McCoy!


September 23, 2012

Good advice Jim! I have been practicing your 10 “steps” (or some version(s) thereof), during my 10 plus years as a niche-based online entrepreneur. There is no magic formula. It takes what I call the four “Ps”: Passion, Patience, Persistence, and Perseverance.

All the best,
- Shaun Fawcett


September 24, 2012

Hi Alan,

AMEN! ;)

Thanks!

Jim


September 24, 2012

Hi D’vorah,

You are one perceptive lady :-)

I appreciate you and your friendship very much!

Jim


September 24, 2012

Hi Wendy,

Thanks! The Jim Boat is waiting for you ;-)

Jim


September 24, 2012

Hi Ray,

I appreciate that very much… thank you :-)

That means a lot!

Jim


September 24, 2012

Shaun,

Thanks! Sounds like your 4 P’s need a 5th P – Publish!

You need to take that and run with it in a report / ebook, etc.!

Jim


September 25, 2012

Thanks Jimbo, I loved the artwork…

Keep at it and it will come… Ignore all the new shiny “how-to” objects, unsubscribe from all the other guru lists and just keep plodding.

Great reminder…

Cheers
Ian McConnell
Western Australia


September 25, 2012

Hi Ian,

Well said :-)

Jim