Just a thought, but maybe we can list the steps to take to set up an internet business.
Like

Get a paypal account
Get an idea for a product
Get a domain name

Etc

And then Someone who already has done these steps can elaberate on how to go about getting a paypal account. what steps to take and things of interest to be noted.

Lets hear some ideas guys and gals

Pete

Hi Pete,

Here we go...

Last weekend I attended the Internet Millionaire's Protege Bootcamp here in the Telstra Stadion in Sydney, Australia.

The following 30 day action plan has been provided by Scott Patom, the Dean of Blogonomics and Podology at his Sydney Internet Millionaire's Protege Bootcamp...


Derek Gehl gave you a 30 day action plan. Here it is:

Step One - PLAN
1. List 5 hobbies, interests or areas of expertise.
2. Brainstorm a list of keywords and phrases related to those hobbies and interests.
3. Research those keywords in Wordtracker to locate problem statements that have high search results and low competition.
4. Research those problem statements further to determine if you can develop a product to solve the problem stated.
5. Find or create a product to sell based on your research.
6. Write a long-copy salesletter for that product.
7. Register a domain and set up a hosting account.
8. Register for a merchant account (to set up quickly, use PayPal – www.paypal.com)
9. Set up a simple web site using an automatic site builder or pay to have someone set it up for you.

Step Two - PREPARE
10. Set up an opt-in form on your web site to collect e-mail addresses.
11. Build an extensive keyword list based on the initial list of keywords you developed.
12. Submit those keywords to Overture and FindWhat to start traffic to your site right away.
13. Optimize and submit your web site to organic search engines (Google, Altavista, etc.).
14. Continue to test and tweak your web site until it meets your target conversion rate.
15. Set up an affiliate program on your web site.
16. Approach complementary web sites to sign up as affiliates to promote your product.
17. Start publishing a monthly newsletter.
18. Submit articles to related newsletters and e-zines on a regular basis.

Step Three - PROMOTE
19. Continue developing a content-rich web site to further increase search engine rankings.
20. Once keywords have been tested in Overture, roll out in Google AdWords.
21. Roll out tested keyword list in other major PPCs.
22. Create a viral eBook to generate more leads.
23. Have an expert review and critique your web site.
24. Survey your existing customers to find out what other products or services they are looking for.
25. Create or find backend products and market them through your e-mail list.
26. Continue to test and tweak your web site and offers.
27. Repeat process to create “Multiple Streams of Income.”

Keep Blogging and Podcasting!

Scott Paton
Dean of Blogonomics and Podology

P.S. 4 Steps to Online Success…

A) Find a large and easy-to-reach target market
B) Find a product or service the market wants
C) Have a GREAT sales process
D) Backend, backend, and then backend again

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Great post Frank :)

thanks

Thanks heaps Frank