Take a look of the entrepreneurial personality types below and see where you find yourself.
Regardless of whether you're an affiliate marketing type of entrepreneur or not, you’re going to need to build yourself a team of some kind. That seems to be the one thing all entrepreneurs truly have in common.
This type of entrepreneur doesn’t show up to the office much. Nor does he want to manage a team. This type of individual works best managing a business on his own. Ultimately though, in some form or another he'll have to work with some sort of team.
Companies that begin with a lone individual are unique. The founder typically builds a hired executive team or ends up coming across someone he or she deems fit to fill the role of co-founder. This type of entrepreneur is always exceedingly driven -- sometimes to a fault. They are used to 'doing everything themselves' because challenges are usually the driving motivator of their ambition.
Teammates side by side, this dynamic duo is essentially a team positioned for long-term success. A highly effective co-founding partnership works best when each party has a complimentary skill set and different strength. A great example of co-founders is Steve Jobs and Steve Wozniak. Their introverted and extroverted personalities were complimentary of one another.
The affiliate marketing type of entrepreneur encompasses all 3 personality types, because affiliate marketing essentially in itself exists in every market.
Business start-up entrepreneurs understand the importance to bootstrap costs it the beginning. Affiliate marketing is a low cost type of online business to start up. At minimum, all you need is hosting. You may not even need that.
Affiliate marketing is built of the adage, 'practice makes perfect.' No prior experience is needed to get started. It’s the type of online business that you're able to launch while you're still working at a job.
Product offers are abundant across all online niches. You'll never run out of a supply of things to promote and make money from.
The convenience of affiliate marketing is that it’s a “fail fast” type of business model. Meaning you can quickly test and get results. Then when you identify a profitable campaign, you can scale it up through pay per click advertising.
In affiliate marketing, the merchant you’re earning sales for handles all the customer service. Your only customer is the merchant you're working with.
You get to decide from where you want to work. You get to make your own schedule. You get to be responsible for only you. You get to manage your own deadlines and keep track of your own records. You get to decide what you want to wear. You get to work with your music turned up LOUD.
Once your affiliate marketing business is up and running, you’ll get an understanding for how to use the marketing materials (affiliate resources) merchants supply affiliates.
Affiliate marketing is getting the click! Then it's up to the merchant to close the sale. Once the transaction has taken place, the merchant gets paid and shares a percentage of that sale with you. It's synergy.
Affiliate marketing is a way to earn passive income. And the earning potential is limitless. Because you can quickly get large amounts of website visitors through PPC advertising.
Affiliate marketing gains you access to merchants who are big in the business and want to see you succeed. Business ownership comes with its own rewards, too, like being able to make certain tax deductions related to business expenses. Talk to your CPA for more information about that.
At the end of the day just remember, you get back from your business whatever you put into it. So, make it worthwhile.
You got it!.. I can personally coach you to success, plus introduce you to a whole network of other successful website owners, affiliate marketers and online business owners.
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