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Getting Started

Now that you are familiar with a few drop shipping terms and are aware of the awesome benefits of owning your own online business let’s examine a few basic necessities you must have. First you need to understand that if you are a courteous, hard-working individual then you already possess what it takes to make a very nice living online. Beyond that you need to know how and have to have a few basic items:

1. Your online business can be run from a desktop or a laptop, or both. Most people choose a laptop when starting out because it offers flexibility to work where they choose. Many people travel and even run their online businesses from hotel rooms. Any newer model computer will be sufficient and powerful enough to meet the everyday needs of your new company.

Note: Our first online business was run entirely from a $400 laptop purchased from Best Buy. Visit BestBuy to look at their selection.

2. The next necessity is a reliable internet connection. This can be accomplished in a variety of different ways. If you have an office and will be consistently running you business from there your local DSL or Cable provider is the best choice. If you plan on being mobile then Verizon offers high speed internet cards. The speed is comparable to DSL and runs about $79 per month. If you are located in a rural area then satellite internet may be your only option. So if you will have a stationary office then go with DSL, Cable or Satellite. If you will have a mobile office then choose Verizon, Sprint or AT&T mobile broadband solutions.

Note: Many of our clients choose Verizon’s service because it offers mobility.

3. It is important to have a reliable phone service. You want to sign up for a business plan that way your business name will be displayed on caller ID when making outbound calls. You have a variety of options for phone service. You can choose your local land line service, cell phone, or virtual system. Both the cell phone and virtual systems offer mobility. A virtual phone system allows you to setup your phone service and toll free number at the same time, on the same bill. It simply uses your computer and internet connection to place and receive calls. Virtual systems, such as Ring Central, allow you to setup multiple extensions, toll free numbers, receive voicemails in your email inbox, and forward calls in a variety of ways. Virtual phone systems also incorporate a nice fax feature. This system will leave room for rapid expansion (many times an online business starts off with one person, the business expands rapidly, and more manpower is needed).

Note: Ring Central is highly recommended. We use them for all of our online companies and the service and features are phenomenal. Visit Ring Central and sign up for the free 30 day trial.

4. Every business must have a physical address. Many people use their home address but we recommend that you use a post office box or UPS box service. This allows you to separate your business mail from your personal mail. A post office box usually runs about $100 for an entire year and a UPS box will be about $200. The advantage of the UPS box is that it gives you an actual physical street address where UPS, FedEx, or DHL packages can be received. PO Boxes cannot receive mail from UPS, FedEx or DHL.

5. You must have a detailed plan for your business. You may be giddy to jump right in to the heart of the business and start selling immediately but remember the old saying, “if you fail to plan, you plan to fail.” In Chapter 7 we guide you through how to write an effective business plan that will produce the income and results you desire.

6. You must possess the motivation and desire to succeed. This attribute is shared among every successful person. Always remember that what you put in to something is what comes back out. If you truly have the desire to succeed and produce income online this book provides the most highly detailed guide available anywhere. Throughout your venture there will be many ups and downs and staying motivated and keeping your eye on the objective will be your key to success.

7. Lastly, you need a helping hand to guide you through the process of establishing your online business. This book will take you step by step through the process of establishing a phenomenal company that will produce you income for a lifetime.

You are now aware of the few items and attributes you need to begin the journey of establishing your online business.

In review below are the items you need to get started:

• Computer – Best Buy
• Internet Connection
• Phone Line – Ring Central
• Physical Address
• Business Plan – Covered in Section 8
• Motivation and Desire to Succeed
• This eCourse

Once you have all of these lined out it is time to start thinking about what you want to sell. In the next section we will show you how to pick a “niche” market and provide a helping hand in researching different markets.

Step 6 - Setting up a Temporary Contact

 

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The True Web Money Dropshipping eCourse Outline

  Start Here - Introduction
  The Power of the E-Commerce
  What is Drop Shipping?
  Why You Should Drop Ship
  Getting Started
  Setting up a Temporary Contact
  Picking a Niche Market
  Getting Started with a Plan
  Business Structure and Legal
  Picking a Domain Name
  Product Sourcing and Finding Suppliers
  Building Your Website
  Branding Your Business
  Finding a Merchant Service Provider
  Marketing Your Business
  Putting it all Together
  Sales Strategy
  Defining Business Systems
  Conclusion
  Step by Step Checklist
  Website Resources

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