Your ideas to start own business, how to start and which one to choose?

Hi guys

I have hired a dedicated guy to work for me. I arranged PC and Internet connection for him and will give him salary on monthly basis. I am sure I can make money by appointing a dedicated staff so I did this. Now next step is how to start and which business to choose?

I have many business in my mind which are

Domain Parking
I am already making some money by parking domain and then sending traffic via forum posting or AdWords and it works. I got paid 2 times after using this tactics so it worked.

Selling ebooks
I have a website www.ebooksparadize.com (which was enabled with Adsense but now Adsense account is suspended). Earlier I made few sales but I did not pay attention to this. But this is also an opportunity.

Affiliate Marking
I am already member of CJ + ShaeASale. I can put links on my business portal site www.globalcashsite.com and then market those pages at forums, etc.

Domains flipping / Website flipping
Still I am new to this, never tried this but this is a good way to make money. For example register a domain, park it (so in the meanwhile its ranking is increasing or page rank is increasing or traffic is increasing still you can make money or cover your cost), promote at forums, etc and after 2-3 months, when page rank is 3-4 and alexa rank is less than 500k, sell it. According to different niches, price might be different. But for example if I buy one domain for 10$ and sell it after 3 months for 100$ (and during 3 months I also make 50$ by parking) that is good. And if I do the same for 10 domains, that is clearly 1400$ profit. Just example, good niches like Insurance, Banking, Financial can give higher profit.

Forum Posting / Forum marketing services
Another idea is to work for others in marketing. I am working to collect at least 5000 forums, blogs where I can post. So also can work for others on order basis.

Now my monthly cost will be the same i.e. staff salary + net connection bill. It is up to me how I utilize this guy. The actual and main problem is how to bring traffic that works. So finally there are two main questions.

1. Which business to choose or better. If that is not listed above, please add your suggestion.
2. How to bring traffic that works and also create backlinks to increase domain value.

Your valuable suggestions please?

GCS

 

I am also starting out with website flipping and its a good money maker once you become better at it. Been studying different flipping materials. I will add post here once i have the system in place. Thanks

 

Flipping is fastest to make money..buy pr domain and content then ready to flipping

 

Here is an idea for you, create a simple facebook app, get yourself a CPA focused site, get a couple of fb profiles and youtube profiles drive in traffic through those channels plus mix it in with organic google. Will make more than all the methods combined which you have listed above.

 

i'll start a web hosting company

 

If I were you I would actually try to fit in most of them as your businesses. Its not good to have all of your eggs in one basket

 

This question is on a lot of sites:

http://www.googleDOTcom/ search?hl=&q=%22how+to+start+and+which+one+to+choose%3F%22&sourceid=navclient-ff&rlz=1B3GGGL_enUS249US249&ie=UTF-8

 

I don't think I'd recommend hiring staff until you have a way of making money that you know how to work yourself.

What you do may depend a lot on the skill of the guy you hired. Can he write well? If so, then think about starting up 5 or 6 blogs around a particular topic and get him to write a good article each day for each of them. If your adsense account has been banned, you can't use this to make money with adsense, but if you choose a topic that you can monetize in other ways, it should pay off down the road. You need a starting point of traffic and pagerank to work with if you want to make money, so I'd invest in getting some assets built up in that regard.

 

btw, i hope you don't use Adsense for Domain Parking because they forbid advertising the Parked domains with Adwords.

 

I like to start web design & hosting business.

 

I am also interested in web design business.

 

This forum posting idea sounds interesting. We are currently strugling with thus issue. Perhaps we can become your clients. Our area of interest is business plan software.

 

I like to start Selling ebooks, this maybe could be more successfull easy

 

My guy has started collecting forums, given target of collecting 5000 forums and 1000 blogs and 1000 directories. Surely you can utilize all these resources once I am finished with this. You can give you niche/topic and we can collect forums and resources for that niche too.

Yes, I also like to do this as this is one time setup.

GCS

 

well, you talk about web flipping, when not buy a business as well where it has opportunity for growth..and you will have an advantage of some proof in its viability with its current income

 

Flipping is probably the way to go - it's relatively fast (compared to, say, SEO) and could fetch good prices if you know what you're doing..

 

Know your subject of interest and start doing research on the web. You will get to know more while doing research. Also see how niche is your subject.

 

Before trying to go into business you need a business idea! You shouldn't have organised to employ someone without even having a business idea! When starting up you should always keep costs minimal, therefore doing the work yourself.

 

The next post below this post, is a nob!

This guy is a Spammer!

Google the thread Title!

 

I like your online marketing idea. As someone who is new to SEO, you get so frustrated sometimes you consider just outsourcing. I am sticking with it, but I bet there are people out there willing to pay for the service.