There seem to be so many choices out there, with each so-called guru touting a different philosophy.
It can be very difficult to narrow down a business strategy that actually works. However, when you break the strategies down to the basics, there are only three that make up nearly all of the entrepreneurial ventures that are out there.
Which one you choose will depend on your personal preference, your unique skills and where you see a hole in the market.
Here are three business strategies:
The first of our three strategies is providing some type of service. There are many occupations that provide a service where someone can become an entrepreneur. Graphic design is one good example; freelance writing is another.
Whenever you are doing a service for somebody else and they are paying you for it (while not in the employee of another person or company) you are an entrepreneur.
Another big boom in Internet entrepreneurship is affiliate marketing. With the websites like Clickbank, the affiliate programs offer by leading retailers like Amazon and the money that you can earn.
Affiliate marketing is one of the most popular forms of home-based business today. With affiliate marketing, you find the customer and send them over to the seller to purchase the product. Then the seller pays you a commission for the product/service sold.
Of course, you have to find the right product not to mention have a solid plan for getting in front of people that can be difficult.
Info Product Creation
Rather than being the person that receives the commission when someone purchases a product from someone else, you could be the source that they are buying that product from.
You could create an info product of some kind that you’ll be able to sell it on the Internet.
One of the most popular ways to do this is by publishing Kindle content on Amazon, but the products on Clickbank are also part of this strategy.
Of course, you don’t have to just stick with one. You could combine to of the above strategies or you could combine all three if you like.
There are no rules when it comes to entrepreneurship. If you can create something that sells, or make money at something and be successful, you are an entrepreneur.