Choon Yong-ACE Class Report #68 – Entrepreneur

Author of Book: Instructor: Eric Tippett
Date Read:

Book Report

ACE Class Report #68 – Entrepreneur
Begin: 5/23/2024
Finish: 8/8/2024
Title: Entrepreneur
Instructor: Eric Tippett

Why I choose to take this class:
Learn about conducting business on the internet. How to build an internet business and access to a larger world wide.

What I learned from this class:
Doing business on the web is different than your normal brick and mortar business. To start an internet business, you will need to:
1) Create a website, sales page, logo, graphic design.
2) Internet Traffic.
3) Social Media Management.
4) Public Relations.
5) Search Engine Optimization.
6) Podcast Creations.
7) Outro /Intro Videos.
8) Temporary Help.
9) Customer Support.
10) Ecommerce Payment Processing.
Create a website and Webpage:
You will need to create your Logo, graphic design and sales page. The Web page should capture the attention of your prospective customers with special enticement too good to pass up, like special sales event, one time offer and free offers. The site should have only one item or service to sell to prevent distraction. But after they choose the special offers, it should lead them to other better offers at increasingly higher price or better deals called price laddering. Your site should contain only stuff related to your product or service. Most of the requirements for a website are readily available at: Fiverr.com, commission junction, WordPress.com/Themeforest.com (Website template).
Internet Traffic:
To direct traffic to your site, you have to buy advertising time to direct traffic to your site, Fiverr.com (Internet traffic), Clickfunnels.com (Create sales pages, sales funnels, landing page, membership sites) to direct traffic to your site.
Social Media Management:
WordPress.com/Themeforest.com create website templates to manage social media like Facebook, Instagram, LinkIN, Twitter, YouTube, TikTok.
Public Relations:
Wistia.com – Video hosting and analytics.
Chatgpt.io – AI powered content creation.
Canva.com – Graphic design made simple.
Designrr.com – AI powered ebook (content and design).
These sites have templates and contents to start your webpage.
Search Engine Optimization:
This is to ensure that when some one searches on the internet for related products, your site choice is on top of their search. Fiverr.com, clickfunnels.com, Wistis.com, designrr.com, mailchimp.com (customer database and auto responders), Godaddy.com (Website URL’s, Website hosting).
Podcast Creation:
Podcast about your product, services and other information to educate your potential customers. Templates are available at: Fiverr.com, WordPress.com/Themeforest.com, Wistia.com (( Video hosting and analytics), Designrr.com (Ai powered ebook content and design).
Outro/Intro Video’s:
Videos about your products and services, training, introduction to your products an information about your product. Templates are available from: Fiverr.com, Clickfunnel.com, Wistis.com (Video hosting and analytics), Designrr.com.
Temporary Help:
This is help for your website, your long term employees and temporary help for your business. Sites that have capability to help your resources needs are: Upwork.com, Fiverr.com.
Customer Support:
Customer support for your website, questions and answers about products, complaints, compliments . Site with templates for customer support are: Fiverr.com, Clickfunnel.com, Mailchimp.com,(customer database and auto responses).
Ecommerce Payment:
System to process all your Internet payments, accounting and book keeping to keep your business going. Sites with templates to help are: Stripe.com (Ecommerce payment processing), Fiverr.com, Clickfunnel.com (sales pages, sales funnels, landing pages, membership sites, and more).
Affiliate Resources:
PLR(Google search”PLR” – White Label products.
Commission Junctions – Millions of affiliate products.
Amazon Affiliate – Google search “How to become an Amazon affiliate” resell millions of everyday product and make passive income, by directing traffic from your website to an Amazon affiliate and if they buy something, you will receive a commission between 3-5%.
Other resources : Book baby.com and Goodreads.com.

How will this class contribute to my success upon release:
This class teaches me about internet business, how to create and integrate with other web business to direct traffic to your site, close the deal and get paid. Also ensure repeat business and referral business. I will be able to start my own internet business to earn passive income upon release.