If you are thinking to start an online business, there are several legit ways to start an online business can be started in many ways? In fact is very easy. From my own experience it can be safely said that one hour a day is sufficient if you want to set up home based business from scratch. But the condition is that the one hour you earmark for setting up your business should be spent in real work not in surfing or other time killing tasks.If you already possess some knowledge about computers, the internet and know how people purchase stuff on the internet using credit cards, you have the requisite qualification to start a home based business. Rest is the matter of understanding the methods that internet marketers use to sell their stuff on the internet.The very first thing beginners need to understand is that making a written plan about online business is very important. When you write your plan, you will be defining the purpose of your online business and website or blog. Chances of online success are if you already possess unique knowledge about some subject of public interest. This is an important concept which every newbie needs to take into consideration while thinking to starting home based business.As a very basic thing you need to decide your business model. What kind of stuff, products you intend to sell on the internet or you just want to sell information products and advertising through your website or blog. It is most important question to answer first before embarking on internet marketing highway. And for this you may want to make a plan of everything you need to do online and expected returns.The very first thing anyone thinking of online business need to understand is that making a written plan about online business is very important. When you write your plan, you will be defining the purpose of your online business and website or blog. Chances of online success are greater if you already possess unique knowledge about some interesting subject whatever it may be. This is an important concept which newbie generally ignore while starting online internet marketing business.You would need to decide whether you want to sell products, service or information or. What will be your targeted audience and their interests? You will need to conduct an online research about demand and supply about the products or service you intend to provide to your targeted customers which they need and will buy from your website. The research about demand and supply of products is done using free search engines and other high tech software tools. The research provides valuable date and analysis based on which you make selection of products and services to promote on the internet and earn money.Be it known that there is no way to getting rich overnight on the internet. You might have heard, Rome was not built in a day. A beginner cannot beat marketers who have spent years in internet marketing business and own every secret and know how things work on the internet. They are knowledgeable and expert in their field and if you can get a chance to join them in their inner circle, you can learn a lot from them in a short time and be on your way to making money.A lot of quality digital books, guides, manuals, videos and audios are available on the internet for sale to provide you all the information you need to start your own online. The home-based business study material you buy online for study is very important to gain all the knowledge about the internet marketing system. As free material is easily available on the internet, you have to be very careful to download good reports and digital reports otherwise it can lead to information overload which needs to be avoided.You can think of promoting a few very good affiliate products by advertising in popular newsletters, blog or pay-per-click, you can succeed in a short time. FYI there are two concepts viz. offline marketing and internet marketing. The basic of offline marketing methods have assimilated with the internet marketing. Super Affiliate use direct response sales techniques, which straight point ‘buy this right now’.If you can investing some money on your business you get an edge over others as you can educate yourself quickly and start promotions quickly.These are some of the fundamental concepts to consider before starting an online business with solid foundation. If followed properly, the odds of success will increase manifold. Depending upon understanding, effort and investment you put, you can earn lot of money on the internet in the shortest time possible.Summing up we can in all fairness say that setting up internet marketing business would need at least one hour a day to start in a month or so. You may want to outsource some of the regular chores in which case you can get started in a short time. If you can spend two hours a day you can set up a successful home based business in the shortest possible time.