The 5 best tips for picking the right winning idea and making real money on the Internet.

Written by Tom Sheltraw


How to pick a Winner - Not a Wiener! By Tom Sheltraw

Have you ever heard it said that if you want to make money onrepparttar Internet you have to offer your own product or service? Well that's 100 Percent true.

The best moneymakers have always been and still are unique products or services that are fully under your control. The big secret is, you earn allrepparttar 104928 money if you controlrepparttar 104929 item.

Here arerepparttar 104930 5 best tips for pickingrepparttar 104931 right winning idea and making real money onrepparttar 104932 Internet.

#1) Start with what you personally know. Surely you have experience in your work or hobbies so start thinking about how to turn that information into a real business. What are you good at? The better you are at somethingrepparttar 104933 betterrepparttar 104934 information you will be able to give to others.

#2) You must find niche! Find a market that allows you to offer a unique product or service. Never try to be everything to everyone. Never try to appeal to a broad generalized market, this is a fast road to failure. It would seem that a product that millions of people would want would be a sure winner butrepparttar 104935 reverse is true. If millions of people wanted it, there are likely millions of Web sites offering it.

Imagine selling screwdrivers onrepparttar 104936 Internet. It's very possible there are one million Web pages selling screwdrivers. But how many sites sell screwdrivers for left-handed people with no thumb? This example might seem strange but you getrepparttar 104937 picture. An interesting benefit in this example is that you become an expert in your field. Experts are always in demand.

#3) Never spend your valuable time trying to come up with a brand new idea. Others have made this mistake and failed while those that came after them profited from their mistakes and went on to be successful. Without a doubtrepparttar 104938 best thing for you to do is to find something that is already being done and then offer improvements. Surely you've said, “I could do that better” or “ My ideas better than that.”

The key is finding anything that needs improvement. Is there a product or service that you use or you've heard others talk about that needs to be improved on? Is there anything aboutrepparttar 104939 product or service that is not being offered that would be of value to others? The key here is to fillrepparttar 104940 need that isn't being met. If you can do that, people will buy.

#4) it is extremely important to stay away from any industry that is overcrowded or over done onrepparttar 104941 Internet. One way of determining this is to do a search onrepparttar 104942 Internet and use keywords that describes your product. A search in Google onrepparttar 104943 keyword “screwdriver” returned 656,000 matches. Ifrepparttar 104944 keywords you picked were “left-handed no thumb screwdriver,” I guarantee you would berepparttar 104945 only web site found. This definitely increases your potential for sales.

You must set yourself apart from your competitors. This is called a Unique Selling Proposition. There has to be compelling reasons for them to do business with you rather than anyone else. What makes you unique? It's unlikely you'll berepparttar 104946 only web site onrepparttar 104947 Internet for your product so you must make yourself stand out as well as compel people to buy.

Networking Top Tips

Written by Gill Fernley and Justin Baker


1.Join several networking groups and attend as many of their events as possible. Regular attendance builds up good relationships very quickly.

2.Try and make sure you talk to at least one new person at each event you go to - don’t just stick withrepparttar people you already know.

3.Don’t expect that you will walk into a networking event and come out of it with a job or a new client. Networking takes time and patience.

4.Sticking your business card underrepparttar 104927 nose of everyone you Meet is guaranteed to annoy them. Don’t go into your sales pitch straight away and always try to talk with someone rather than at them.

5.Show a genuine interest in other people and what they do and get to know them as people rather than as business opportunities.

6.Don’t disregard someone who doesn’t seem to be of immediate ‘use’ to you. You never know who they know or how they might help you.

7.Manners cost nothing so treat everyone as you would wish to be treated yourself. People buy from – and recommend! – people they like.

8.Be natural, be yourself and enjoyrepparttar 104928 opportunity to meet and learn from other business people.

9.Don’t be afraid to walk up to someone and start talking. They are there forrepparttar 104929 same reasons as you are and will probably be grateful that they didn’t have to makerepparttar 104930 first move.

10.Atrepparttar 104931 end ofrepparttar 104932 day, everyone is there to meet new people and Make new contacts so don’t be afraid of politely ending a conversation with someone and moving on to someone else – they won’t be offended.

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