Without a doubt, having a successful online business can change your life for the better, and in more ways than you can imagine.
One man who has been helping everyday people from all over the world to do this for the last 18 years is internet pioneer and international best-selling author, Ewan Chia.
And in the following video, Ewan will teach you the first step to understanding how an online business works… and why this business model is so powerful when it comes to changing your life.
Now first let’s understand what online business is all about and why it can completely change a life for the better.
First of all, I’m going to give you a top down understanding of this business because in order to be successful with online business, we have to see it from a big picture viewpoint, right? Especially if you are a beginner to this.
So let me just explain to you the basic process flow of how the business is run on the internet.
First of all, we understand that the internet has many people, right? In fact, we’re talking about over 4.5 billion people – about 4.6 billion right now, globally on the internet every second of the day, including now.
And if you’ve been on the internet, which you have, one of the most common things you’ll be doing is looking for information. People on internet are doing that every second of the day.
Now, when people go online to look for information, let’s take an example… let’s say they’re thinking about, “How do I lose weight?”
So they’re searching for “How can I lose weight?”
That only means one thing. When people are looking for information, they have a problem. That’s why they’re looking for the information. So someone looking for how to lose weight is wanting to lose weight.
Now we can come in to start a business. And the purpose of this business is to help these people. Now please take note that the business has to be about what they’re looking for… in this example, how to lose weight.
You can do any topic… any niche that you want… in any industry. There are thousands of them, but every business you set up has to be specialized.
This is called specialization. Now please do not go online to try to sell everything. Don’t be a big shopping mall because it is close to impossible to succeed. If you’re doing this from home, you are not a big company with a big budget. We want to be smart. We want to be streamlined.
Every business that you do, it’s small. It is simple and easily manageable. It is about one topic – that’s specialization.
So in this case, we could set up a business about weight loss. Let’s say on your website, you’re sharing with people how to solve the problem, how to use it effectively. And at the same time, you’re sharing a solution to help them. Now, the solution is a product or a service that makes you the money and it’s going to help these people looking solve the problem.
So, as you can tell, this is a very logical process.
It is a problem solution approach.
If people are looking to solve a problem – the problem of how to lose weight effectively – your website… your business… your solution is about how to lose weight so that it helps these people.
This is pretty much a solution based business where every business you run is serving a group of people specifically to solve a problem for them.
If you’re able to help people, you’re able to make a lot of money. That’s the process.
So we could start a business about weight loss, sharing useful information about weight loss. Now, by the way, you do not need to be an expert on the topic. Because you can share information without writing a single word, by copying and pasting.
You don’t have to know anything about it. And that’s great because it can stop many, many businesses. You could have an empire of online businesses for yourself, each one making you money.
You share information and at the same time, you share a product or solution and help these people. When they buy something, you’re going to make income from that.
Every business would need a product or service to monetize. This is what we call a solution based business. Now you understand the process. As long as you grasp the concept, you can do this successfully.
Want to learn more about how to change your life for the better with an online business?