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Easy Business Secrets How To Build An Online Business And Finally Retire From Money Worries

Easy Business Secrets

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Page 1: Easy Business Secrets

Easy Business Secrets How To Build An Online Business And

Finally Retire From Money Worries

Page 2: Easy Business Secrets

Find Your Twin

• Find someone who has 4 characteristics like

you

• Answer any of these questions:

– What is your family structure?

– Occupation? Industry?

– Hobbies or Interest?

– Favorite Food?

First pair

Wins a prize!!

Page 3: Easy Business Secrets

Pam’s Journey

Page 4: Easy Business Secrets

People Who Inspired Me

Page 5: Easy Business Secrets

Ali Brown Lit The Fire

Page 6: Easy Business Secrets

What Is Your Big Why?

• Knowing Your Why?

– Why do you want to succeed?

– What are your goals and deadline?

Page 7: Easy Business Secrets

My Big Why

My Online Business:

• Wanted to feel like a “winner” and travel whenever

without financial worries

• Hit $10,000 before 30 years old

My Internet Marketing Business:

• Wanted to provide a platform for people to learn

internet marketing easily

• Educate 4 million people in 10 years

Page 8: Easy Business Secrets

Know Your

Reasons To Succeed

• I want to be ______ by ___ 2012 because

___________

• I want to earn _______ by _____ 2012

• I want to feel _______

• I want to spend time with _____

• I want to be able to _______

10 Mins

Page 9: Easy Business Secrets

Association We Support

The Branch Organization

– Burma Refugees

Page 10: Easy Business Secrets

EBS Business Project

Page 11: Easy Business Secrets

Why Participate

In A Competition?

• Get Started!

• Understand the process of building

an online business

• Ramp up your internet marketing

skills

Page 12: Easy Business Secrets

Skills You Will Master

During Competition

• Marketing Skills

• Internet Marketing Skills

• Building A Team On A Small Budget

• Business Skills & Processes

• Sales Skills

Page 13: Easy Business Secrets

What Do You Win?

• Pool Money!

• 1 hour face-to-face or phone session

with me (Worth RM2,000)

• Owning your first online business

Page 14: Easy Business Secrets

Submission of Website

• Join http://www.facebook.com/pamsiow

• Post your website there

• Get your friends to like the link

• 50% votes, 50% evaluation by Pam

By Apr 16th, Monday – Submission

By Apr 23th, Monday – Competition Ends

Only For

New Websites

Page 15: Easy Business Secrets

Evaluation of Website

Your websites will be evaluated based on

these factors:

•70% - Branding of website

•30% - Website’s SEO structure

Only For

New Websites

Page 16: Easy Business Secrets

What Is Happening

During EBS?

• Identify your first online business

opportunity

• Learn the mindset shifts, online

marketing and business skills for

success

• Brainstorm and learn from other

business owners

• Build your network of business owners

Page 17: Easy Business Secrets

Key Steps To Building A

Successful Business Online

1) Business Mindsets

2) Different Business Models

3) Identifying Business Opportunities

4) Joint Ventures Opportunities

5) A Powerful Brand For Conversion

6) Launching Your Website

7) Traffic Generation Techniques

Page 18: Easy Business Secrets

Step I –

Success Is About….

Page 19: Easy Business Secrets

Can You Do A

Head Stand?

Page 20: Easy Business Secrets

Are You Willing

To Go On A

Limb?

Do Or Try?

Page 21: Easy Business Secrets

Was Steve Jobs

A Try-er?

Page 22: Easy Business Secrets

Success Starts

Internally

Page 23: Easy Business Secrets

What Would You

ATTEMPT If You Knew

You Would NOT FAIL?

Page 24: Easy Business Secrets

When Was The

LAST TIME You Did

Something FOR The

FIRST TIME?

Page 25: Easy Business Secrets

Do You

DOUBT Your

OWN THOUGHTS?

Page 26: Easy Business Secrets

Do You Take

ENOUGH RISKS To

Stay ALIVE?

Page 27: Easy Business Secrets

Where Do You Draw

The Line BTW

The Possible & The

Impossible?

Page 28: Easy Business Secrets

What Have You Packed To

Pursue Your Dream?

& What Are You Leaving

Behind?

Page 29: Easy Business Secrets

Business Is

About…..

Page 30: Easy Business Secrets

Business Is

About…..

Page 31: Easy Business Secrets

Business Is

About…..

Page 32: Easy Business Secrets

Step II –

Different Online

Business Models

Page 33: Easy Business Secrets

Different Business Models

Model 1:

Referral Business

Page 34: Easy Business Secrets

Referral Business

Characteristics of Referral Business:

•Do not own a product or service

•Gets paid for generating a lead / sale to a

business

•Based on a joint venture collaboration

Page 35: Easy Business Secrets

Referral Business E.g.

Page 36: Easy Business Secrets

Private Driving Instructors

Page 37: Easy Business Secrets

Different Business Models

Model 2:

Start Your Own Biz /

Grow Existing Biz

Page 38: Easy Business Secrets

Starting Your Own Business

Characteristics of Starting Your Own

Business:

•Have to own your own products / services

•Could be a mix of eCommerce / services

•Need backend preparation

Page 39: Easy Business Secrets

www.singaporepilatesfitness.com.sg/

Page 40: Easy Business Secrets

www.36-hr.com/

Page 41: Easy Business Secrets

Different Business Models

Model 3:

eCommerce Business

Page 42: Easy Business Secrets

eCommerce Business

Characteristics of eCommerce Business:

•Selling a range of products

•Need to sell “unique” products

•Logistics coordination required

Page 43: Easy Business Secrets

eCommerce Store

Page 44: Easy Business Secrets

eCommerce Store

Page 45: Easy Business Secrets

Different Business Models

Model 4:

Internet Marketing

Consultant

Page 46: Easy Business Secrets

Internet Marketing

Consultant

Characteristics of Becoming An

Internet Marketing Consultant

•Help other companies build a website that

generates leads

•Focusing on website creation, PPC and SEO

techniques

•You get paid for executing an online campaign

Page 47: Easy Business Secrets
Page 48: Easy Business Secrets

Step III –

Identifying Business

Opportunities

Page 49: Easy Business Secrets

Step 1 – Identifying

Business Opportunities

• Benefits Of Google

• Identifying Your Business Opportunities

• Checking Out Competition

• Deciding On Business Model(s)

Page 50: Easy Business Secrets

Benefits Of Google

• Google has changed how the world works

• They track every keyword that we type into

their search engine

• People are looking for their vendors or

simply finding out information

• Keywords are an indication of the interest

of the people

Page 51: Easy Business Secrets

Understanding

Buying Keywords

• Keywords – ideas or intentions put down

into words and used to conduct research

online

• Buying Keyword – person expressing

interest to purchase a product / service

• Research Keyword – person simply

conducting research on information but

does not amount to a future purchase

Page 52: Easy Business Secrets

Tara Internet Business

What are the buying keywords for Tara

Internet Business?

Page 53: Easy Business Secrets

Brainstorming

For Biz Opportunities

Use these words to brainstorm:

•Learn

•Lessons

•Tips

•Buy

•Sale

•Courses

•How to

•Online Store

Page 54: Easy Business Secrets

Brainstorming

By Interests

• Write down all your hobbies / interests /

work experience / fascinating trend

• Type in the most general keyword / idea

into the tool

• Observe the ideas / interests that are

being generated

Page 55: Easy Business Secrets

Brainstorming For Your

Existing Business

• Type in all your different products and

services

• Check out the demand / competition for

each product / service

• Identify the low-hanging fruits and choose

to focus on them

Page 56: Easy Business Secrets

Conducting Research

1. Checking Demand

2. Evaluating Competitiveness Online

3. Identifying Opportunities (Keywords) with

high demand and least competition

4. That becomes your low hanging fruit

business opportunity

Page 57: Easy Business Secrets

What Am I Going To Do

With The Keywords?

• These buying keywords will form:

– Your domain name

– Your website menu tabs

– Keywords that you use in Google PPC

(Advertisements)

– Keywords to structure your website to allow your

website to be found on Page 1

Page 58: Easy Business Secrets

1) Buying Keywords &

Demand

• Go to Google Adwords Keyword Tool (resource page)

• Adjust Preferences:

• Select your preferred country

• Click on View -> Customize Columns

• Un-Select Global Searches And Competition

• Click Save

Page 59: Easy Business Secrets

Change country

Select the country

that you want to find out

demand about a

product or service

Page 60: Easy Business Secrets

Change tab

Click on Columns,

Unselect Competition &

Global Monthly Searches

Page 61: Easy Business Secrets

Identify Buying Keywords

Look through the keywords

And identify the buying

keywords with high demand

Take note: No need to put

your country inside because

it is already in Malaysia

search engine

Page 62: Easy Business Secrets

Untick Broad & Tick Exact

Page 63: Easy Business Secrets

How To Decide The

Numbers For Demand?

• Exact Numbers – means exact number of

people searching for that keyword

• Usually 20% - 30% more demand is

occurring

• Question: how many customers do you

need to be profitable?

• 50 & above searches is good enough for

your first business opportunity

Page 64: Easy Business Secrets

Why Analyze Competition?

• Competition – websites that you are going to

compete against

• How are you going to compete?

– Branding – Are you a better brand?

– Being Found – Can you get found first?

Page 65: Easy Business Secrets

Competition

• Go to Google.com and type your buying

keywords

• Analyze the websites on Page 1 & 2:

1. The quality of websites

2. Direct competition or online classifieds?

3. Quantity of the high quality websites

Page 66: Easy Business Secrets

What About New Products /

Services?

• What if your product or service does not have

any searches? For new products or services…

• Search by ideal target market instead

Page 67: Easy Business Secrets

Find Your Business

Opportunity Now

• Identify 7-10 buying keywords

• Identify the buying keywords for your selected business

opportunity

• Write down all the demand for each keywords

• What type of business model are you going to set up?