Completed so far:

I have gathered enough resources together so that I have an understanding of what I need to do to create an online business …. if only I knew what business I wanted to create!!

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New Developments:

Becoming an online entrepreneur and working from home is an extremely appealing idea for many people of all ages – if only they could figure out what they wanted their business to be about!

I waffled for years. I knew that I really wanted to have my own business and then would get sooooo frustrated trying to decide what to develop a business on that I would eventually give up. Only to come back to the idea of being self-employed and go through the whole frustrating process again…….and again.

Selecting just one is sooooo difficult!!

My big issue seems to be that I am a scanner, or a renaissance soul – someone who needs to continually explore new things, new topics, and has difficulties remaining focused on one topic for too long. Not great for developing a business – or so I used to think!

In my scannings, I discovered 3 methods that can be used to help individuals select topics for online businesses:

1. The Technology Method: this is where you select keywords that describe the business or service you want to develop, and then do Keyword Analysis on them to see which ones are strong keywords (are often being used in online searches) and which keywords are experiencing a growth in usage. See my post on Selecting Keywords for more information on keyword analysis. The problem with this method for me, was that although this might give me a business topic that was popular (at least for now), it wouldn’t necessarily be a topic that I would want to work on for the next 10 or 20 years.
2. The ‘Find Your Passion’ Method: this method is used by a lot of career coaches and school councilors. Through various methods of personal analysis, a person can determine a topic that they are passionate about and focus a business around that topic. This is how I discovered that I am a scanner – that there is no one topic that I feel really passionate about or would want to spend the rest of my life working on.
3. The Template Method: I sent a big “Thank you!!” to Lea Woodward from Location Independent Living and Cath Duncan from Mine Your Resources who put together a Location Independent Lifestyle Beginners Guide, for this suggestion. Both Lea and Cath are scanners. The model that Lea developed to suit her scanner personality was to focus on developing a template involving a core set of technical and entrepreneurial skills that could be used to develop an online business on any topic that was holding her interest at the time.

The Template Method is the model that I am using to develop my online business with, and this blog/website is a ‘How-to guide’ that follows the step-by-step process I have taken to develop this business template.

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Next Step:

With topic and resources in hand, its time to develop my on-line business blog/website.

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