Online Business Plan – Lesson 1 for online business entrepreneurs

Starting an online business is very easy to do: All you need is a domain name, hosting, webdesign or wordpress blog, autoresponder and some cash for advertising.

The topic or niche you choose depends on your passion that you want to share with the world. As soon as you choose your niche for your online business, you need to decide which many business models are available – and there are many models around as internet & affiliate marketers you want to use.

This initial challenge will keep you busy for some time – I even dare to say that your first 6 to 9 months will be part of the first phase of your online business plan. And you should consider this learning phase in your plan.

The next phase is focusing on creating good and valuable content. Content is everything you left on the internet. These range from blog posts to tweets, stocks, articles, and products. During your second phase, you should try to find your own little place in the niche of your choice. Just imagine you have to develop yourself to go-to-guy (or girl) for 1 particular question on your topic.

The third phase will actually be part of running your online business. So your business plan for your online adventure is divided into 3 parts:

Select niche and initial settings plus study Internet marketing rules
Create good and valuable content and share
Find your last place in your nerves and mantilah yourself as Go-to-people.
Unlike the business plan for the brick and mortar business, your online business plan is a little different. You don’t need to define your 5-year strategy, don’t define your business processes and all human development, technical and product resources you will need.

You can define all this from the start but I dare to say that this procedure will become a complete overkill for your online business idea and rob you immediately from your motivation you need for your 6th to 9th month.

Instead of writing business plans ‘commonly known’ for your online business, choose to focus on planning your marketing campaign: return on investment and break-measuring calculations is where you focus on running your online business.

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