The 6 Stages of Growing an Internet Business
When you’re building an Internet business, it’s useful to step back and evaluate your progress every now and then.
You will be at one of the following levels …
Level One: The “getting ready to start” phase.
You are spending a lot of time and money buying and studying Internet marketing courses. But you aren’t selling anything yet.
Level Two: You dip your toe in the water.
You take some actions that let you generate a few sales online. The volume of these sales is small. It puts just a few extra dollars in your pocket each week.
Level Three: You start making a modest number of sales on a regular basis. Your online revenues are about $1,000 a month.
You’re not getting rich at this level. But for most of us, an extra $12,000 a year isn’t chickenfeed. In essence, you have a highly profitable hobby. You are having fun by making money in your spare time.
Level Four: You start making about $1,000 a week.
That translates to around $50,000 a year — a significant, though not life-changing, amount of money. At Level Four, you are earning more than the average American makes at a full-time job. And you’re doing it in just an hour or two a day.
Level Five: You start making $1,000 a day.
At Level Five, your Internet business is making you well over $300,000 a year in passive income. That’s in the ballpark of what the President of the United States makes.
You have reached the enviable position of being able to quit your day job if you so desire. You are making enough money online to support your family in a comfortable lifestyle.
Level Six: Your Internet marketing business grosses $1,000,000 a year or more.
Now, you are starting to become rich, not just “comfortable.”
The reason most people never end up making that kind of money on the Internet is that they get “stuck” at Level One for way too long. They buy every Internet marketing course they see advertised — and spend much of their spare time absorbing the material.
They become the type of person who’d rather be reading about starting a home business than actually doing it.
To overcome inertia and break through to the next level, you need to stop reading and studying … and do something.
So take action now!
If you’re at Level One, begin small. Reserve a domain name. Then set a deadline for creating your first info product. And start writing your landing page copy.
You get the idea.
Do a little bit every day and within a few months you’ll have your first product. As soon as your landing page is up, you’ll start getting orders (mostly from organic search results if you haven’t yet done any other marketing).
At Level Two, making money on the Internet becomes a reality, not an abstract concept. Once you get those first orders in your shopping cart, you’ll taste blood. You’ll be hooked. You’ll be a real Internet marketer, not just a wannabe.
Once you reach Level Five — with $1,000 of online income a day — you will enjoy a degree of financial security and freedom that most folks only dream about. You won’t be super-rich. But you’ll have the money to buy most of the things you want — and quit your day job, if that was your goal.
When you are at Level Five, you have to decide whether you want to take the next step — and grow to Level Six.
You might not.
Reason: Most Internet entrepreneurs who reach Level Six have to make the transition from a small one-person business to a “real” company.
They get office and warehouse space … set up a studio for video production … hire salaried employees … get insurance plans for them … have company picnics. In short, they become managers.
For me, the best part of being an Internet marketer at Level Five is the serenity. No meetings. No whining employees. No red tape, office politics, or management hierarchy.
Level Five allows you to lead a simple, quiet life, earning a handsome six-figure income working at home — without a boss.
For me, that completes the dream. I am content. I would not give up my Internet marketing lifestyle — not even for a million dollars. It’s just like being retired — with steady money coming in from an annuity, while you are free to spend your days as you please.
P.S. With my help, you can transform from an Internet dreamer to a doer actively marketing and selling products online. With the Internet Cash Generator program, you’ll discover the same tactics and techniques I use in my own part-time, $25,000-a-month Internet business.
[Ed. Note: Bob Bly is a freelance copywriter and the author of more than 70 books. To subscribe to his free e-zine, “The Direct Response Letter,” and claim your free gift worth $116, click here now.]