You know that you will never get rich working a job. You've probably heard the joke, J-O-B means Just Over Broke! If you depend on a job for income, you are about 2 paychecks from being homeless. And let's be honest. No matter how good you are at your job, they can never pay you what you are worth! They can't. If you produced $1,000 per week and the company paid you $1,000, they would go broke. The only way you could get the entire $1,000 would be with your own company. But how? Let's look at one of the easiest ways. What do you do for a living now? Are you good at it? What jobs have you had in the past that you were good at? What hobbies or vocations are you skilled at? Are there any other interests you have that you have experience in? Once you have decided what it is you can do, that you have experience in and hopefully are good at, go on the Internet and do some research. You want to find out what the major problems in your industry are and if your skills can solve them. Go to Google to find websites of companies in your industry. Look up forums where you can read postings to find out who the companies are, who the leaders in the field are and most importantly, what are the major concerns or problems plaguing the industry. Read articles about the industry. Read industry press releases at Google, MSN and Yahoo to find out the latest goings on. Can your skill set solve those problems? Are those problems shared by many people in the industry? Will they pay to solve them? How much? How much could a business make servicing this group? How will you reach them? Can you offer a better solution? Study the businesses currently offering those solutions. Can you equal or improve upon their business models? How much will it cost to reach these people? Can you handle that cost? When you find an industry where you can reach groups of people who will pay you big bucks for solving significant problems for them, its time to get started. The web is a great place to start and to maintain a presence, even if your business is local because of the potential for making passive income from sales of products or information related to your business. The quickest path to profit is to write a couple of articles about how you would solve some of these major problems you have identified. Don't worry if you haven't written since junior high. They only have to be 4-600 words long. One of the easiest is something like, "5 Tips to overcoming..." or "Answers to the 5 biggest questions regarding...." Submit your articles to an article directory; ezinearticles.com is a great one. In no time, you will be a published author in your field, with the credibility and trust accorded thereto! In fact, you should start a website to host articles on your industry or field of interest. You can easily tap into ezinearticles or some other article directory service for an automatic feed of information on your field of interest! Advertise and post links to your site in industry forums and chat rooms. Visitors will be required to leave their names and emails to gain entry. This way you become known in the industry, you have great traffic and you are building a targeted list of people interested in your industry! You can then poll them on what their problems are, what solutions they are looking for and at what price. Then go to clickbank.com and find products and services that meet their needs from among their 10,000 products and services. Sign up and become an affiliate so that you can offer these products on your website. You may even develop your own products to offer. Now you have your foot in the door of your own business. Expand it online and offline if feasible. You are on your way out of the Rat Race! |
