Get into the right mindset. Ask yourself why you really want to start an online income. Don't settle for the first answer as the truth is often buried a little deeper. This important as those answers are the ones that will make you get up in the morning and be full of enthusiasm. The correct mindset is essential if you want to not fail at the first barrier.
Find a niche to work in. This has to be something that you already have knowledge about or are at least interested in. Make sure its in a buyers market. you can do this by looking at magazines in newsagents. If there is one on your topic then its a buyers market as publishing companies rarely get it wrong. Check what people buy In this arena, is there higher ticket items for sale?
Create something of value to give away. You will be collecting emails from this so dig down and find a problem people are actively searching for. An example...weight loss niche....5 Sure-fire Ways to Remove Belly Fat Fast. Search for information in places like Ezine articles or rewrite a PLR product.
Purchase a subscription to an auto responder. Aweb, Getresponse, Mail chimp and Send lane are well known.
Create a landing page. Look at other pages to give you an idea but most auto responder companies have these available as part of the monthly fee. This means you do not need a domain.
Create a thank you page inside your auto responder. Break this down into three parts. First part should be an introduction and a short explanation on what they can expect from you. Include a branding logo or a photograph. The second part should be instructions for them to look for the first email as the link to their free report will be in it. Its important to do it this way as you are basically training them to look for that first email. The third part at the bottom should be a short description leading to a link for a product that you are affiliated to. This must be highly targeted to the giveaway report.
Set up a series of emails that mix value information with a link to the product you promoted on the thank you page. After email seven you can start looking to promote other similar products. Keep emails short because people's attentions spans are short too.
Set up a Facebook page and start adding content. Every eight post add a link to your landing page and mention the free report or video. Boost these posts with $3 to 5 a day or less if your budget is low.
Set aside time to learn about conversions, split testing and copy. Look at emails that land in your inbox from other marketers and ask yourself why you open some and not others.
This is hardly comprehensive but its is a basic blueprint that once mastered can help you set up multiple streams of income.