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Goals and Models for Your Online Business

Part of the Starting an Online Business For Dummies Cheat Sheet

The place to start with your online business is to indulge in some brainstorming. Envisioning the type of business you want to operate is a creative way of asking the all-important questions: Why do I want to go into business online? What are my goals?

The following table illustrates some possible goals and suggests how to achieve them. Your options include sales, advertising, self-promotion, special interest, and product sales. By envisioning the final result you want to achieve, you can determine your online business goals.

Goal Type of Web Site What to Do
Make big bucks Sales Sell items/gain paying advertisers
Gain credibility and attention Marketing Start a blog; start Twittering; put your resume and samples of your work online
Promote yourself Personal Promote yourself in discussion groups or on your Web site so that people will hire you or want to use your goods or services
Turn an interest into a source of income Hobby/special interest Invite like-minded people to share your passion, participate in your site, and generate traffic so that you can gain advertisers
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