LESSON #2: What is an online business?

By | June 12, 2008

Contrary to what some of the so-called guru’s may say, having an online business is not for everyone. But in order to judge whether it’s a good fit for you, we first must define what an online business is and what it isn’t.

Please watch the following video:

Main points:

  • My personal definition is that it’s a business which is conducted primarily on the internet.

  • A website is NOT an online business.

  • It’s not a job.

  • There may be risk involved, but it’s all about how you perceive it.

  • If you’re afraid to start a business, then you need to either…

    a) get over your fear

    or

    b) decide to be happy with your job, and forget about starting a business

    Action steps:

    1) Answer the following question honestly:

    Do I want to run my own business?

    As always, you are welcome to post your questions and comments below.

    Have a great day!

  • 835 thoughts on “LESSON #2: What is an online business?

    1. Carolena

      Hi Eric

      I am an oldster just taking baby steps in this vast internet business and am very interested and excited of these evolving lessons. Can’t wait for the next Lesson. I am raring to go and build a business. I am tired of being an affiliate and want to grow a business. I have loads of spare time. Thanks for the invitation to this learning experience. Carolena

      Reply
    2. Doug

      “Do I want to run my own business” Of course I do! Otherwise I wouldn’t be here! Thanks Eric, great stuff. I have lots to learn tho, and like alot of you information overload is a real problem. I think just follow along with Eric and leave everything else alone till you have all his lessons. That’s what I am going to do.
      I am excited to get started, and can’t wait till I have all his info. I’m sure it will work.

      Reply
    3. John

      I would not go to Go Daddy, they are a blast from the past (2000-2010). There are many services today that can run rings around GD, and they also have a genuine good service. I used GD for 3 years (2010-2013), never again, their services are confused, layout of their main site is dismal and shonky. To register a Domain name use; namecheap.com, and for hosting use HostGator.com or HostZilla.com, but run from Go Daddy.com, like i said, they have been outdone by much better services long time ago.

      Reply
    4. Yvonne

      Hi Eric
      I would love to have my own business, but have a fear of not doing it right and losing money that I can’t afford to lose or not really understanding just how to do thing, sometime it takes a while to understand what I just read.

      Yvonne

      Reply
    5. robert

      Eric, How you doing, I’ve had the desire to have my own business for many years and tried to learn it here and there kind of self taught. There’s a lot involved with it and I have slowly been picking up bits and tips here and there.I have been in the air cond. industry for 32 years but got hurt and really can’t return to the job. My legs have been going out on me without warning and cause me to bite the dirt!I’ve been working on a book to sell and looking at affiliate marketing and trying to narrow in on my own product production.This course I feel will really give me some focus and direction and the knowledge needed to be a success

      Reply
    6. Pj

      Hi Eric,

      I am just getting started in information marketing and am dealing with the fear issue myself. But, I chose to feel the fear and do it anyway.

      I have my website up and running and trying to discipline myself to make regular posts.I want to share with my readers my experience with starting my business and allow them to follow my progress.

      I will be telling all especially the fear factor.

      Thank you for your insights and I am looking forward to the next lesson.

      Pj
      pjbreeze.com

      Reply
    7. Pj

      Hi Clarence,

      I can relate. I tried this about 6 years ago and got bogged down in information overload. It stressed me so much I had to give it up.

      This time a round, I have managed to start working with an old pro and taking their advice along the way. Before, I bought up everything that came into my mail box and downloaded every free thing I could find.

      This time, focus is my mantra. Find someone whose advice you trust, buy their product and focus on what they are telling you and leave the rest alone.

      I wish you the best.

      Pj
      pjbreeze.com

      Reply
    8. Micah

      Hello Daniel,

      Eric actually offers coaching, if that is something you would be interested in!

      What is included in the Coaching Club:
      – 2 Live Coaching Webinars Per Month with Jeff Wellman, Paul Counts, and Eric Holmlund
      – Access to the Archive of All Coaching Calls
      – Monthly High Quality PLR Product
      – Massive Video Training Library
      – Community Forum (JV’s, Support, and More)
      – Articles, Bonuses, and More
      http://www.realguysrealmoney.com/go17/

      Reply
    9. Micah

      Hello Nguyen,

      We recommend that you hang in there with Eric’s free video lessons at http://www.ericstips.com/. Eric’s lessons have helped many people to go from beginners, to successful online business owners!

      The lessons are presented in a sequence that starts at the very beginning, where the very first things you need to learn about online marketing are shown in the first few lessons!

      If you’re interested to go even more in-depth with marketing, you might also want to take part in Eric’s coaching club:
      http://www.realguysrealmoney.com

      Eric, Paul, and Jeff are expert marketers. They will be a great resource for you!

      Reply
    10. Micah

      Hello Jay,

      Online businesses are built over time, and with hard work, just like real world businesses.

      If you put out good content, and establish yourself in your niche, people will likely be just as eager for your next promotion or product.

      Reply
    11. Michael Oliver

      After Investing in Eric’s Program of education yesterday afternoon; i’m at lesson 7A and excited to proceed. It is only getting better; i.e. clarification of things that “three Guy’s” spent a whole lot of time on.

      Reply
    12. Cas

      Dear Eric

      Thank you so much for providing the lessons in bite-size way. I’ve just listened to lesson 2 and I am very keen to get on with learning some more. Do I need to wait to receive the lessons daily? Is there some way of accessing more lessons?

      Kind regards

      Cas

      Reply
    13. Micah

      Hello Cas,

      Thank you for your question. Eric will still be completing 100 lessons. The next lesson will be sent to you soon. You can also visit the following link to see the latest lesson updates and revisit earlier lessons:
      http://www.ericstips.com/tips/category/lessons/

      Here is the direct link to lesson 3:

      LESSON #3: Is an online business right for me?

      You may also simply change the number at the end of the link, to go to a different lesson number (example: /lesson1, /lesson2, /lesson3, etc…).

      If your email happens to block some of the lessons, we recommend that you view this tip on whitelisting an email address:

      How To Add a Sender to Your Whitelist (Safelist)

      Reply
    14. Heather

      I’ve been self employed for 9 years, but am looking forward to being in business totally online. I’ve had an ebay business, and did very well with it. I’m ready for something different because the packaging, shipping and inventory got to be a bit much. I will also still sell on ebay because it is great for getting extra cash. But I don’t want it to be my primary business.

      Reply
    15. Noel

      Yes I am learning a lot about starting an online business and not only that increasing my knowledge base about the pros and cons and weighing things in the balance.

      Reply
    16. Craig

      I really like the simplicity of your teachings, very well put. I live on a pension, so I can’t afford to spend a lot of money to start a business, however I do believe I am intelligent enough to understand how to run an online business. It intrigues me.

      Reply
    17. Lindy

      I’m not a video person because I find them more time consuming than being able to scan down a page and read what I need to know. You can’t do that with a video. If you have these in articles too would be great.

      Reply
    18. alex

      I want to , but don’t want to spend a lot of money without results. that’s why i choose to follow your course first.

      Reply
    19. Phyllis

      Yes. I want to own an online business. I’ve owned a bricks and mortar with employees, but this time I have no one to answer to except myself and that’s more comforting and predictable than before. Can’t wait to get started!

      Reply
    20. Benn Whistler

      Hi Eric,
      Can you tell me if you know if Predator sodtware is a good thing to use for sending multiple emails out?
      Is this something that is used in parrallel with SEO?

      Reply
    21. Per Deshayes

      Hi Eric,
      So it was like you did talk about me in lesson 2 regards to to much info coming that gets really heavy to go thru. Matter of fact i got a lot of different bonuses from you when i bought the product that i am now trying to sort thru. Its a lot. But to answer your question on commited to run a company. YES. Done it before with some great success and also some with great failure. Looking forward to your 3rd lesson tomorrow and also to get some answers from my questions after lesson1. Have a good day

      Reply
    22. Per Deshayes

      Question. Will i have to come back to each lesson to see if anyone have answered questions or do i get them sent to my email?

      Reply
    23. Elaine

      Hi
      Just want to know if there is a monthly charge when you buy the upgrade material.
      You said when purchasing the first package that there is no monthly charge. Please respond asap

      Kind regards
      Elaine Carston

      Reply
    24. Micah

      Hello Per,

      You would need to revisit the posts, where you made the comments.

      However, if you need technical support for any of your purchases, this isn’t the place for that.

      We recommend that you contact our helpdesk:
      http://www.ericsupport.com/

      Reply
    25. Micah

      Hello Lindy,

      There is some text that accompanies each video. But, that information is typically just a summary. The videos are not transcribed.

      Reply
    26. Roger

      I liked it a lot and is all I know is I need help starting up Eric you are the man

      Reply
    27. Johann

      Hi Eric!

      The most important question really is whether you want your omn online business! For me, that is a YES! Not only because I want my own business, I NEED one to make a living!
      I will surely go to your next lesson as I have commited myself to the fact that I NEED that!
      Thank you for the insights given! I t makes you THINK about what you want in life!

      Blessings!

      Johann.

      Have a day full of WONDERS!!!

      Reply
    28. tim

      i love it, but the lessons are so short can i have more each day. i want to get started fast. thanks

      Reply
    29. Kathleen Henderson

      Hello. What I really want is a online income that I can work from my home. I wish data entry was a legitimate job. I would easily do it, and I can do it from home.

      Reply
    30. Micah

      Hello Tim,

      The next lesson will be sent to you soon. You can also visit the following link to see the latest lesson updates and revisit earlier lessons:
      http://www.ericstips.com/tips/category/lessons/

      Here is the direct link to lesson 3:

      LESSON #3: Is an online business right for me?

      You may also simply change the number at the end of the link, to go to a different lesson number (example: /lesson1, /lesson2, /lesson3, etc…).

      If your email happens to block some of the lessons, we recommend that you view this tip on whitelisting an email address:

      How To Add a Sender to Your Whitelist (Safelist)

      Reply
    31. janice

      hey Eric I own aready an offline business now I want to OWN AN ONLINE BUSINESS. Thanks for this.

      Reply
    32. Jorge

      Cris tank you for been honest this is a good oportunity and challenge for me i will study and put all my effort to be succeed god bless you and your family best wishes

      Reply
    33. Lucy

      I have had my domain name/website for many years and have purchased premium themes and courses to get it live but have never got it off the ground. I have purchased countless courses on how to set it up, monetize it and add affiliates but I get stuck on how I want it to look. My niche is something I am very passionate about and have no fear of putting it out there for all to see. I am hoping in the upcoming lessons, you will get into how it is all put together so I can finally realize my dream.
      Thanks!

      Reply
    34. vishanth

      why not, I am very much interested in online business.I have been trying so many options on online to get out of my problem since two years.But failed miserably.Finally I landed on Erics website.I WISH this should be my final destination site for starting my online business.

      Reply
    35. Luke

      “yes” i wanted too and i believed that after i completed this online business lessons it will be done for me… Thanks Eric for this grate and wonderful opportunity to feed us.

      Reply
    36. Hariata

      Boom! Right to the point! Do you want to be in business? Thank you for the clear focus. It’s deep!

      Reply
    37. Bill

      I left my job in 2008 because they had a very good retirement package which I took.way before I left ,I was mainly looking in to being a real estate investor.I still want to do that but need a good teacher or mentor.I t would have been nice to have found someone 15 years ago that is teaching from the begging like you are.I don’t know how you got my email address but I’m glad you did.But yes I do want an online business. Your student from Texas Bill

      Reply
    38. Donna

      I do want to run my own business. I have wanted to since I was a teenager. I let life and fear get in the way. I also need to find a way to supplement my income, and this seems like a logical choice, as I will be in control of me.

      Reply
    39. Djmusang

      Introduce my self. I am Dj, I sell beat.
      I try make money online(sell beat) with webside, i hear your lesson2, you right! webside not business. its just way to make money. I spend my time and money, wait money come. but its just a dream, I do really need my own bisnis
      now I know. I need more idea for that. can you tel me
      what i do to make my webside make money?
      I really no have idea.
      tanks for listening

      Reply
      1. Micah

        Hello Dj,

        Thank you for your question. We recommend that you hang in there with Eric’s free video lessons at http://www.ericstips.com/. Eric’s lessons have helped many people to go from beginners, to successful online business owners!

        The lessons are presented in a sequence that starts at the very beginning, where the very first things you need to learn about online marketing are shown in the first few lessons!

        If you’re interested to go even more in-depth with marketing, you might also want to take part in Eric’s coaching club:
        http://www.realguysrealmoney.com

        Eric, Paul, and Jeff are expert marketers. They will be a great resource for you!

        What is included in the Coaching Club:
        – 2 Live Coaching Webinars Per Month with Jeff Wellman, Paul Counts, and Eric Holmlund
        – Access to the Archive of All Coaching Calls
        – Monthly High Quality PLR Product
        – Massive Video Training Library
        – Community Forum (JV’s, Support, and More)
        – Articles, Bonuses, and More
        http://www.realguysrealmoney.com/go17/

        Reply

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