Category: Make Money Online

Discover What The No.1 Online Business Model Is To Make 6-7 Figures (Part 2 of 2)

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Let’s start learning some more about your niche. Let’s assume that you feel confident that there is a sizable number of people in your market.

How can we now determine whether these people are actually interested in your solution?

And do they have any specific pain points that you can resolve?

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Discover What The No.1 Online Business Model Is To Make 6-7 Figures (Part 1 of 2)

What do you think is even more lucrative than a franchise model?

Let me tell you. It’s the model where you don’t have to worry about production, distribution or fulfillment cost.

It’s the only model that will allow you to compete against the likes of Nike, Visa or McDonalds using your very own specialized knowledge in the most profitable online marketing niche.

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The Digital Publishing Gold Rush

Have you ever heard of digital publishing? Well for those of you who don’t know. Digital publishing is all about information.

There are three main steps to building an information business.

  1. Find other people like you (find a topic).
  2. Organize information (put together great information that your market will love).
  3. Monetize (pick a business system that allows you to create a profit).

But first, you need to understand just how enormous this opportunity is.

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Why 80% of Franchises Succeed While 90% of Businesses Fail

Think about this. Let’s say 100 businesses start today. According to statistics in general 90 of those businesses will fail in the first 5 years. Now that leaves us with only 10 left. Over the next five years 9 out of the 10 will also fail. So over a 10 year period only 1 out of a 100 will make it.

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How to Find Your First Profitable Online Business Idea

Passion

There is nothing more liberating than doing what you love. It’s sad to see people who absolutely despise what they do. It’s even worse when you are considered successful, but down deep are completely miserable. People who are trapped in their careers because of the money they make, but they are riddled with stress and unhappiness because the lack of passion.

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