If you are interested, you can set up an online business and make money doing it. All it takes is a little bit of guidance and some hard work. But once it is set up, you can really do well. One of my favorite ways is to sell “one off products.” I use the information in my head about a topic. I’m very familiar with, host a webinar, or a teleseminar, record it, and then sell it over and over again.

When promoting a one off product, you will want to follow these six easy steps.

Your first step is to pick a familiar subject. It should be something you can talk about for at least one hour, and I am convinced that everyone has a topic like that, whether it is pie making, photography, or automobile repair. No matter the topic, keep it simple because your goal is to quickly put out some good, helpful content that will generate cash flow.

The second step is to create an outline. Let me give you a simple way to do this. Get out a sheet of paper, and write your topic in the middle of it. Then brainstorm some subtopics for your main topic. Write these down and see if you can come up with two good details about each one of these subtopics. You need maybe eight to ten subtopics with two details for each one. Once you have those, you have an outline for sixty-minute presentation. How easy is that?

The third step is sign up for a free teleseminar service. You can find one that is free to use, and you can get up to 250 callers on the line. That is different from when I started out; usually you could only get up to 100 callers at a time. The cool thing is you can record your teleseminar and download it when you are done.

The fourth step is to invite people to your seminar. But maybe you are wondering who you should invite? Start with the people you know. Send out a notice to your website, blogs, and email lists. Leave no stone unturned. Get the word out about the amazing, informative seminar you will be hosting.

The fifth step is to sell tickets to your teleseminar. I gotta credit Jim Bob Howard for sharing this with me. There is a great sight called Event Bright, and it is free to use. Your customers pay Event Bright, and then Event Bright pays you. But the beauty is you do not pay any money until you start making money by selling tickets. They save you a lot of hassle.

The last step is to record your teleseminar. Do it one time, and then use it over and over and over. You can sell the recording as an audio CD. You can have the recording transcribed and sell it as an Ebook. You can sell it together, the audio and transcription, for more money. You can combine one off products into a home-study course. There are really an endless steam of options you can come up with to make more money off of your one recording.

So what are you waiting for? Why not set up an online business today?

Stephen Beck can showyou online business set up tips and how to make your first $1000 on the internet. Go get a FREE link to his webinar replay, where Stephen shows you everything you should do: http://www.youronlinebasics.com/go.html.