Do You Need A Business Plan to Sell eBooks Online?


In order to address the question of whether or not a business plan is needed in order to sell ebooks online, we must first determine if ebook sales can be considered a business, an entrepreneurship or just something you do on the side to make a few extra bucks for your nights out with the boys/girls.

Another point we should touch on is the interchangeable uses of business and entrepreneurship. There is very little difference between the two terms based on the usage of each term. Since every entrepreneur is technically a small business person and entrepreneurship is simply the act of being an entrepreneur, then it follows that a small business can at any time be referred to as an entrepreneurship and vice versa.

That having been said, it is an accepted principle that every small business is launched with the goal – or objective, if you like – of achieving certain levels of monetary success, notwithstanding the service it provides to the local community. Entrepreneurs want to succeed at their particular crafts and therefore should have a clear idea of what it takes to succeed. Most successful business owners will tell you however, that whatever that idea is, it must be in written form.

Success online depends on having a plan, or more specifically a business plan. Very often, aspiring Web entrepreneurs contact a designer with a burning passion to have a new website designed, built and launched. FAST! But success takes more than waking up bug-eyed in the wee hours of the morning with the brainstorm of the century. You need to outline and complete a real business plan and make adjustments before the official launch.

Mentioned earlier was selling ebooks online and if it is to be a serious endeavor then it has to be considered an online eBook business, in which case the aspiring entrepreneur will have to provide enough information to satisfy the requirements of a business plan writer or to fill in the blanks of a pre-printed BP form. Thinking through the questions and answers is a vital step towards developing a good business plan. For example:

  • Do you have a company?
  • Do you have a logo for your company?
  • If no logo, what color scheme do you like?
  • How many products (eBooks) will you offer?
  • Are they all written and ready to go?
  • Do you have cover art for your books?
  • What system of e-commerce do you intend to use?
  • Will you offer just pdf or exe formats, or both?
  • Do you have the domain, plus registration and hosting?
  • Do you have a projected launch date scheduled?
  • How many affiliate products do you have to offer?
  • Etc.

Defining what you do, your market, and how you intend to be different are vital considerations for starting your online ebook business. You only get one chance to make a good first impression.

For an eBook online business, the competition is fierce and filled with some shady characters. When you begin the process of planning before jumping in, consider your image first and then answer “How will I establish credibility in the early going?”. Weave this into your business plan and you should do well. Don’t act before thinking or you may be perceived as just another online marketeer.

In summary

Your image comes first – It is recommended that you have a stunning set of graphics for your corporate image to make a favorable first impression. Hire a pro if it’s in your budget.

Credibility is a close second – Although it does take time to build a solid reputation in your marketplace, you can help yourself in this area by soliciting opinions from trusted people to give honest feedback about first impression and how credible they think you are.

And of course your Plan must guide your operating activities – If you can’t hire a financial/accounting pro to write your business plan, I’m sure there are Outlines or templates for creating a business plan availble free online. Get one. Use it. Be flexible, and change as you go.

A final word. I know that many startup online entrepreneurs neglect creating a business plan. Selling eBooks online without physical inventory except bits and bytes seems so easy that you will be tempted to just dive in to a ebook sales opportunity with both feet and not give the plan a second thought. But keep this thought in mind: Your chances for success will improve tremendously with a real business plan.

Entrepreneurs Can Tap Into Unlimited Income Potential


Would you believe me if I told you that, as an entrepreneur, you have an unlimited income potential? And that, as your own boss, you could decide when you’ve made enough money. Would you believe that your entrepreneurship could make money for you around the clock, even as you sleep, with no effort at all? You’ve probably heard the term, “put it on autopilot” or “set it and forget it” Well that’s similar to what you can do when approached correctly.

Don’t get me wrong, the initial time and effort required to set it up properly will be a lot; But after you get it up and running, the maintenance is minimal. The only time it’ll require more effort on your part, is when you want to increase your income, and even that will get progressively easier each time.

Ask yourself this question, what hss been – and still is – the fastest growing market over the past decade? If you answered the information industry, you answered right. It’s a $233 Billion industry, as verified by the US Census Bureau as of 1-25-2012. We’re currently living in the Information Age and information is exactly what everyone is looking for. This sounds great so far, but it even gets better.

Musicians and authors are some of the wealthiest people around ($83 Billion). Why is that? They create low cost assets. Well what is that? An asset is something that you own which puts money in your pocket. For example, think of your favorite musician. How long does it take for him/her to make an album? A couple months at most? Well that album makes money for them for many years, possibly decades. The same goes for books. Information products can be created within a matter of days or weeks.

The great thing about the Web is that you can automate the entire process! After you’ve finished typing product you save it to your computer and upload it to your website. You can create a website for $10-$20 a month and it does all the selling for you. After you receive the payment your customer instantly gets access to the product that is saved in a secret location on the web. You have no inventory to deal with.

This may sound overly simplified, but it is true and those who have been able to do it are reaping enormous benefits from their businesses and entrepreneurships. The simple truth is this: When you stop working for your money and let your assets work for you, the process of automating your business or entrepreneurship will have begun.