It's likely you've heard outrageous stories about men and women making thousands of dollars in a day by offering teleseminars. It seems almost too good to be true. Yet, it is true … for some.

The fact is there ARE plenty of people making incredible amounts of money hosting teleseminars. Not only are they making money from the initial event, they also repurpose their information into other revenue streams generating hundreds of thousands of dollars a year.

Yet, there are untold numbers of people who have tried their hand at teleseminars only to be disillusioned because they could not even get more than a useful of people to register for a free call let alone make money at it.

So what's the secret? Why do some people make boatloads of money and most make little, if anything, at all?

Those who make great money with teleseminars know they need to run this part of their business like any other. They plan, lay a foundation, know what their market wants, needs and is willing to pay for and see this in the long-term rather than the short term.

If you're someone who wants to incorporate teleseminars into your business model there are a few things you need to do before you get started.

1. Know who your market is and is not.
2. Know what keeps them awake at night. In other words, what problems do they need solutions to?
3. Know if you are the expert who can provide the solution.
4. Know where to find experts who have more expertise than you who would be a better solution than you for your market.

Once you have determined these key points it is time to work on logistics. Here are some of the most valuable things you need to do.

1. Set a date
2. Set up a bridge line. Instant teleseminars is a favorite of many experts
3. Market your session
4. Host the call
5. Record the session

You also need to determine the many ways you can monetize your teleseminar. Some of the simplest are sell the MP3 of the teleseminar, turn transcripts into a report or simply sell the transcripts.

The most important of getting started is to just get started. Now!

Source by Kathleen Gage