“How much does it cost to set up an online business and what are the essential tools of the trade?”

Well, the cost for starting an internet business is actually very cheap.

In fact, you can get started for less than $100/month!

Let me break down the costs for you now and also introduce you to the “essential tools of the trade”…

1) You need a domain name. That’s the URL that people type into their web browsers to go to your website (eg. RichGrad.com or ReadyFireIM.com ). I buy my domain names from godaddy and each one costs only $12.99/year (which works out to about $1/month!)

Better yet…

Click here to use this link and you can get a domain name from godaddy for only $7.99/year!

2) You need a reliable web host to store all your files and web pages. Think of a domain name as your address and your web host as your home. The web host I’d recommend you to go with is hostgator. It’s one of the most popular web hosts among internet marketers.

I’d suggest for you to get the “Baby Plan” which costs less than $8/month and yet supports unlimited domains…

You can get a 25% discount off any hostgator web hosting plan by using the coupon code:

HGBEST2012

This is better than the default coupon code “Spring” which only gives a 20% discount.

Click here to go get your web hosting plan from hostgator (remember to use the coupon code HGBEST2012 for the best discount)

Okay, so far so good… we’ve gotten our domain name and web hosting and it’s only cost us less than $10/month!

3) You also need an email autoresponder. A good autoresponder helps you manage your email marketing and allows you to send emails to your subscribers on auto-pilot.

The autoresponder service I personally use is AWeber. It costs $19/month and you can get a special $1 trial for the first month by using the following link:

Click here to create your $1 trial account at AWeber now

4) You need a proper internet marketing education that offers you the training, tools, community, and 1-on-1 support you need to succeed online. For this I’d recommend Wealthy Affiliate University.

It costs $47/month and I’ve personally been a member since 2008.

Click here to check out what Wealthy Affiliate University has to offer

As you can see, it doesn’t cost an arm and a leg to start an online business ($1 + $8 + $19 + $47 = $75/month!). Contrast this to a physical business where the rental alone can set you back anywhere from 4 to 5 figures a month (or more…)And this is one of the reasons why I love internet marketing so much… the low overheads…Alright… I hope this blog post has been useful in helping you to understand the startup costs of an online business and the essential tools of our trade.

Talk to you again soon… Feel free to send me your IM questions through my blog. Take care and have an awesome day =)

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And so is this guy

And today, he’s SPEAKING OUT.

He’s calling people out and he has something BIG TO PROVE to you.

So watch this video, but ONLY if you agree

To Your Online Success,
Yee Shun-Jian
Passive Internet Income Success Coach
ReadyFireIM.com
WealthyAffiliateU.com

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One of the most common questions I get asked is…

“Just what the heck is Internet Marketing and can you REALLY make money online?”

Well, today, I’m going to share with you my answer to this question and hopefully help clear the mystery for you. This basic knowledge will also help you build a good, STRONG foundation in Internet Marketing for us to discuss more advanced level stuff in future…

Now, the best definition of Internet Marketing I’ve come across is this one by Frank Kern:

“Internet Marketing is using the internet to deliver the right message about an excellent product to the right people at the right time”

Let’s break it down…

Using the Internet:

Internet Marketing differs from traditional marketing in that we are leveraging on the power of the internet to get our message out.

Traditional marketing relies heavily on expensive TV ads, newspaper ads , magazine ads, billboards, brochures, direct mail and telemarketing etc.

This is in contrast to internet marketing where we are making use of pay per click ads (e.g. Google ads, Facebook ads) which allow us to measure advertising ROI (return-on-investment) more accurately and effectively, social media marketing (Facebook, Twitter), webinars and email marketing etc.

Deliver the Right Message:

What and how you communicate to prospects will make the difference between making a sale and… losing their interest. You want to highlight benefits instead of features. You want to make sure you have a Call to Action so they know what you want them to do. It’s things like that that are going to make THAT difference I just talked about.

An Excellent Product:

This goes without saying. You MUST be promoting EXCELLENT products. If you promote crap, not only will you lose your prospects and customers, you’re going to get negative word-of-mouth that’s going to affect your entire online business!

High commissions doesn’t necessarily equate to an excellent product. Review the product for yourself. Is it something you would endorse, even if you do not make a single cent doing it?

Right People:

Know who you’re targeting. For example, if you are trying to help golfers improve their scores, you won’t be recommending the latest autographed football to them, right? (Unless of course, you have done a survey and found that most of the readers who read your golf blog and subscribers who sign up for your golf newsletter are also into football)

Right Time:

Timing is everything. Repeat after me… Timing is everything. Most marketers get things backwards… They try to promote/sell before they’ve delivered MASSIVE Value and built up their credibility and a trusting relationship between them and their target audience. They do not take the time to find out what their readers and subscribers need first. That’s why they fail to get the opt-in. That’s why they fail to make the sale.

Now to answer the second part of the question… Can you REALLY make money online?

The answer is a resounding YES. I’m NOT speaking to you from the point of view of an observer. I’m speaking to you from the point of a practitioner who has already made 6 figures purely from doing marketing on the internet.

Just go download my “How I made S$138,255.80 in passive internet income during the last recession” eBook right NOW if you haven’t done so (It’s worth US$47 but you can get it for FREE for a limited time). I’ve included pictures of some of the biggest cheques I’ve received as an internet marketer. I also have a lot of friends who run successful online businesses.

The important thing to note is that Internet Marketing is not a “get-rich-quick” scheme. If you come into it from that angle, you’re very unlikely to succeed because you’re going to give up at the slightest sign of obstacles.

And you must also be willing to invest in your Internet Marketing education. I’ve personally invested over $20,000 in personal development, internet marketing and wealth creation seminars and courses and as you can see, it has already paid off multiple folds. I believe the wisest decision I’ve ever made is investing in my education and mindset.

Now if you’re interested to build a successful online business and you also believe in investing in your Internet Marketing education, I STRONGLY encourage you to check out this Internet Marketing Training Program:

Wealthy Affiliate University

I’ve been a member since 2008 and suffice to say, there’s a reason why I’ve stayed on for so long! (I’ll let you discover THAT reason for yourself =P)

Alright… Talk to you again soon… Feel free to send me your Internet Marketing questions through my blog. Take care and have an awesome day =)

To Your Online Success,
Yee Shun-Jian
Passive Internet Income Success Coach
ReadyFireIM.com
WealthyAffiliateU.com

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“The time you want the map … is before you enter the woods.”

The lesson is basic:

Before you embark on any journey, know in advance how to get where you want to go.

Otherwise, you start doing something and then end up all lost and confused.

That’s what happens for most people in the “expert” and guru space.

They TRY to make money online with their advice or training, they TRY to get published, or create products, or get hired as speakers, or get on tv, or start a life or business coaching practice.

But they fail because they never had the MAP.

Brendon learned this the hard way. But then he got the map and made $4.6 million in under two years.

Now he’s giving people the most comprehensive map I’ve ever seen to succeeding as an expert through books, speeches, seminars, coaching, and online information marketing.

Check it out

Brendon believes the biggest opportunity in the world right now is to help others with your how-to advice for improving their life or growing their business.

Perhaps it’s time you take a new journey and craft a new story of yourself as an expert.

This can be part of YOUR STORY:

– Best-selling books and information products

– High-paying speaking gigs and super lucrative seminars

– Big-time coaching clients

– Recurring online revenue from your advice and content

– Millions of people inspired by your story and training materials

Here’s your MAP

Brendon is offering to hold your hand for 12 months, guide you to success, and give you over $65,000 of training and bonuses to get you started.

It’s really an unbelievable offer and I couldn’t recommend it more highly.

Look, I don’t know what’s on your agenda today.

But I DO know it’s worth you watching this and getting your map now versus later.

P.S. Before you try anything else or wander into unknown territory in the next few months, get this program. Having the plan is everything. That’s what Brendon’s program is, really — the map for succeeding.

http://ReadyFireIM.com/EALive

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Click here to watch the replay for the Webinar NOW (It’s only available for 48 hours!)

I loved his quote, “Never let your self-doubt prevent you from serving the world.”

The webinar was all about how you can become a highly-paid expert on any topic as an author, speaker, coach, seminar leader, or online trainer. Powerful stuff.

P.S. Brendon surprised us at the end and opened up Experts Academy for registrations for the first time since November 2010. You’ll want to watch – he’s giving away two tickets to Experts Academy, which usually retail for $4,997 EACH. It’s really an incredible program.

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One of my mentors, Brendon Burchard, is teaching a webinar (on Wed, 18 Jan, 2pm Pacific) called the “5 Most Lucrative Paths to Monetizing Your Advice & How-To Content Online.” It doesn’t cost anything but you have to register here:

http://ReadyFireIM.com/EAWebinar

You’ll learn:

– Which marketing strategies work best online TODAY

– Why people would pay you thousands for YOUR advice

– What types of advice and content you should release (and when)

– Five example paths that all lead to $1,000,000

If, and I mean IF, it were possible to make that kind of revenue online — I mean millions of dollars — leveraging your genius and life experience, how would you begin?

It’s a tough question and a perplexing problem that Brendon had to ask himself years ago when he was on the verge of bankruptcy. Back then, he had nothing but a dream to inspire and instruct people on how to improve their lives.

Then, as you’ve probably heard, Brendon made $4.6 million in under 24 months by leveraging his advice through books, speeches, seminars, coaching, and online training and information marketing.

He told me that money never meant much to him — because he never had any — but he had to learn how to get revenue coming in to sustain his message and mission.

So, he put together a plan.

On this one-time only webinar, he’ll share his five favorite paths to making $1,000,000 online. Of course, not everyone will be able to do it. But I’m glad Brendon is ambitious enough for you to teach it anyway.

To register for the webinar, click here

Personally, I think sharing your voice and advice with the world is a worthwhile endeavor whether you make money or not, but as Brendon says, “You might as well be compensated for what you know, and earn an income for all the impact you can have.”

Take notes. It’s going to be a great webinar.

Register for the webinar NOW (There’s no replay planned)

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Well, I hope so. I wish someone had just looked me in the eye like this at the beginning of my career and answered these 10 questions.

Click here to watch this video to see what I’m talking about

This is Brendon Burchard answering all the questions his $10k clients often ask. I think it’s applicable to anyone who wants to earn more online and build a real expert brand.

And I just love the format too – no gimmicks or whiz-bang video theatrics. It’s really just Brendon sitting there talking openly and directly to you. He made $10m in 12 months by following these strategies and philosophies. What’s more amazing is that all he’s doing is sharing his advice with the world and making a difference (and fortune) while doing it.

You can become a highly-paid expert sharing your advice, experience, and life wisdom. Brendon and his videos just keep proving it over and over.

Great stuff, and a must-watch. Take notes!

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I mean, how do you communicate that you’re an expert, create value for your visitors, and actually make money?

Brendon Burchard, the Experts Academy guy, has a pretty fascinating approach called “The Home Page ATM.”

Check it out HERE:

I like how he explains the two “workstreams” every expert must focus on, and then introduces the Home Page ATM.

I guess this is the first time he’s shown the strategy to the public outside of his $5,000 seminars.

It’s pretty simple and I think you’ll find it’s worth the optin.

PS. Brendon is everywhere right now. Using these strategies he made $4.6 million in 18 months as an author, speaker, coach, seminar leader, and online marketer. We can all get paid more for our advice, expertise and knowledge.

Brendon proves it in this video

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In other words, if you wanted to become a highly-paid expert in a matter of months, how do you do it? How do you package your advice and how-to info for others?

This killer video has the answers

You’ll learn:

• How experts and gurus start from scratch and get paid
• The 11 Ps for positioning as a high-value, high-pay guru
• The four things you have to DO to make it today
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This all sounds high-strung, but the video nails it.

At some point, every “guru” or expert decides they want to use their life’s story or their how-to advice for helping other people to earn a real income and make a real difference. This video exemplifies that.

Btw, if you haven’t met Brendon Burchard, the guy who did the video, you should take note.

Brendon went from bankruptcy to $4.6 million in the “guru” industry in just 18 months. This year he doubled that. This guy gets RESULTS:

• Best-selling author, books in 12 countries, 170k ebooks downloaded
• Spoken onstage with Tony Robbins, Sir Richard Branson, Dalia Lama, Paula Abdul, Frank Kern, Jeff Walker, CEOS everywhere
• Seminars pulling 400 people paying $3500-$5000 from 20 countries
• 100+ coaching clients paying $10,000-$25,000 a year
• $1.8 million product launch and massive continuity programs
• #2, #3 and #4 ranked affiliate for some of the largest online marketing campaigns of the year

What’s WAY more impressive is the results he gets for his students and clients.

You can see why in his video. The guy nails it.

Enjoy the video. And take notes. Trust me, it’s worth the optin.

P.S. Brendon’s video — especially the expert positioning model and the million-dollar plan — are amazing. He says he’s taking questions on the blog, so watch and comment. No wonder this guy is blowing up. He’s sure got cred:

- Tony Robbins thinks Brendon is “smarter than hell”

- Brian Tracy says Brendon is the “smartest, nicest, most creative marketers I’ve ever met”

- Paula Abdul says he’s “captivating, present, magnetic and awesome”

- NY-Times best-seller Dr. Daniel Amen “wishes I would have met him 20 years ago .. it would have put my business and myself as an expert in hyperspeed”

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And if you really want to learn exactly how to drive an insane amount of traffic, and then turn that traffic into money…

Then Jeff Johnson is definitely the man you need to learn from.

This video explains everything:
http://ReadyFireIM.com/nonstoptraffic

And since you are still reading this and not watching the video…

Let me give you 5 no-brainer reasons why you should at least check out Jeff’s Non-Stop Traffic Formula:

1. Jeff is always the man listed at the top of just about every major launch that has happened in the last 4 years. And he does it using nothing but 100% free traffic.

2. Jeff’s non-stop traffic strategies work in any market that needs traffic. He’s made an absolute fortune selling products and services in dozens of niches including dog training, wedding speeches, digital cameras, software and even coffee mugs.

3. Jeff’s students have reported incredible results over the years using his strategies. Just check out the 16,384 comments left on his content-packed blogs.

4. He’s been running online coaching clubs, very successful ones, for 6 continuous years now. Thousands of people have joined and feedback has been fantastic. You don’t have that kind of staying power unless you really have something special to share with your students, and he does.

5. Jeff consistently makes more money in a single week than the top income earners in the U.S. earn in an entire year. Let me say that again… he makes more in a week than they make in a year and he makes it by driving an insane amount of free traffic, and then converting that traffic into money… over and over again.

Learn how he does it, watch this video:
http://ReadyFireIM.com/nonstoptraffic

Good Luck!

P.S. I say “good luck” because Jeff’s training programs always sell out quickly.

And then he closes the doors to new students for months, even years at a time.

In fact, Non-Stop Traffic Formula is the first time Jeff has accepted new students into one of his hugely successful traffic-getting training programs in 12 long months.

I truly believe that Jeff Johnson’s Non-Stop Traffic Formula is one of the smartest investments you’ll ever make in your business, and yourself.

This video explains it all:

http://ReadyFireIM.com/nonstoptraffic

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