More from Adnan……
One of the most frequent questions I get asked on my travels is how hard is it really to start up a business? I know you have most probably heard the saying a million times before but if I can pinch it and say if I could get a nickel every time somebody asked me that question I could actually retire… such is the frequency of that question.
Well it goes without saying that I can almost immediately tell anyone asking me that question to come to my Thrive Super Conference as one of my slots in that particular conference is all about how you can start a successful business from anywhere in the world and from a spare room within 48 hours of attending the conference.
That said, I wanted to give something to everyone who is daunted on the subject of starting up their own business and also is unsure whether to find another job or to be worried if they are about to lose their job. The first thing I will say is that no company out there started that way and no multinational got that big in nanoseconds… it took a lot of time and effort with a bit of luck I suppose at the end of the day. Let’s minus that luck part and we can still achieve extraordinary results by doing a few things.
Long gone are the days where you need to spend and hoard stock and pile it until you sell, thus removing the worry of obsolescence? Today you can do business from one side of the world to another just by sending a few emails and accounting for time differences. You have suppliers that are willing to drop ship for you and also the enormous costs of couriers have dropped significantly for anyone to be able to trade internationally. Coupled with this basic bookkeeping, taxation and legal service costs have plummeted as there is clearly competition to lowball fees to get more clients. In addition to this, due to many companies going out of business in the recession, many marketing costs have also fallen. You can actually cajole your marketing at next to nothing. So what exactly are you waiting for?
Ok, let’s assume you don’t even have a product to sell. Think about this seriously for a second. Let’s think of something that most of us use on a daily basis.. A hair brush comes to mind. Is there one variety of hairbrush? No way there are thousands and thousands. Even if you did not know about a hairbrush variety, just being able to market that in a unique way would open you to at least income from 1 product. You could hold a portfolio of these products and that would bring you residual income off these various products, if marketed correctly.
But let’s get even more basic and benign that that. What if you could not even source a hairbrush (pretty unbelievable but let’s humour the idea for a second). There is a whole world of Affiliate Marketing, where you can actually find other successful people selling goods and sell these on their behalf and earn a commission. There are several affiliate program websites that you can visit to see what are the most popular products, and then you can try selling these by signing up to the programs. This is one of the easiest ways to make money as in effect the work has been done for you by showing you which products actively sell. Imagine that knowing that a product is already successful before you get to sell it. By building multiple product streams via affiliate programs you can actually make a decent wage – and all from your living room marketing something that may be coming from China, Mexico or Australia! Look out for my future blog which will talk about also then moving forward and setting up your own seller’s affiliate program, when you have a successful product.
Author Bio:
Adnan is the founder of Thrive Super Conference. Please visit www.thrivesuperconference.com or www.thethrivebootcamp.com or email me at admin@thrivesuperconference.com