My bro and I want to start an internet business, whats the first steps?
Answers:
Uh. First, find something to sell, and a way to profit off the sale of it. Then, produce the product / content you are going to sell. Then figure our who would be likely to buy it and market it to them. Pray for sales and expand as necessary. Done and done.
For the internet specific business, you'll need to build a usable, stable, and comfortable website. Start with a solid hosting package. IIRC, Leasewebs is one of the best. Secondly, invest in the design and backend of your website. Pay a component graphical designer to build the interface and a component coder to build the rest. Expect to pay a few hundred to a thousand dollars depending on the complexity of the site. From they, submit yourself to search engines and optimize as best you can. Don't pay for some expensive consultant, for a while anyway. Market yourself aggressively, but tastefully. If your selling something, offer samples to influential bloggers. Take out ads with google or other services. Once you start building some traffic up, you con supplement your sales with tasteful ads. Again, google adwords works wonders here. Good luck.
Design a business plan. Define what your revenue source(s) should be, and guesstimate quantities; identify your expenses; determine precisely what it is you are going to sell, and how to get paid for doing so. Once you have that in hand, you can start to worry about domain name, server hosting, and the rest of the nuts and bolts stuff.
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