My top five reasons for starting an internet business
My top five reasons for starting an internet business
Reason 1 You don't need any significant start-up cash to buy expensive equipment, or make any long term commitments.
In the off-line world, if you were planning to start a business then in most instances you would need some start-up cash to cover some or all of the following items;
Shop / workshop lease
Raw materials
Stock purchase
Equipment / tools
Delivery
Advertising
Staff
Etc.............
Yes, it is possible to start small, say with a stall at your local market. But conservatively I would think you need to invest upwards of $500 to get enough stock to sell and to hire the stall for the day.
With an online business this is not the case. The biggest cost item that you need is a computer. Computer ownership rates in the US and Western Europe are reaching saturation point. Hence in most cases the computer is already there in your spare room or study, waiting for you to get started.
The real beauty of the internet is that there are so many free resources available. Whilst I would recommend you spend a little bit of cash to get going, in theory you could set up a website and have started your business for $zero.
Reason 2 You can start in your spare time while you still have the day job.
Given the low start up costs, and the fact that it is not time critical when you work, an online business is tailor made for those who want to get started and earning a regular income before they take the leap and give up the day job.
Put in an hour or so a couple of evenings a week, or set aside a longer slot over the weekend, and you will be amazed by how much you have achieved after a couple of months.
Once you start earning a regular income you can decide if you would like to quit the day job and grow your online business. Alternatively you can keep the day job, but enjoy spending the extra $250, $500, $1,000 or $2,000 a month you are now earning in your spare time.
Reason 3 No more 9 to 5, not more Commute, no more boss...no more JOB!
I must say this reason stuck a specific chord with me. I strongly believe that the concept of the 9 to 5 job is soulless and soon to be redundant. The main reason why so many of us feel stressed or unfulfilled by our day jobs is because they are based on the 1980's idea of showing commitment by spending long hours in an office building.
It doesn't matter if you can accomplish more working 4 hours a day from your laptop from home, too many organisations insist on keeping their staff in the old style work routines.
Learn the skills that you need to set up an online business (websites, blogging, automation, social networking....etc...) and you will have the tools you need to take you skills and break out of this old style 1980's work routine.
Ultimately you can be your own boss, working when you want, hitting the targets that matter to you, and reaping the reward for all your hard work.
Reason 4 Work on a subject you love.....get creative!
You may have a passion (in fact I hope you do). In the past unless you lived in one of the big cities, it would have been difficult to find enough people who shared that passion to enable you to make a business out of it.
The internet changes all that.
You may be one of only a handful of Cake Decorating enthusiasts in your town. But you can bet your final dollar that you will find many thousands of like minded souls on the internet. All of a sudden, when you go on the internet, that cake decorating instruction course you have created has a massive market.
Reason 5 Earn serious cash or earn enough and then go and have fun
There is no doubt, if you work hard and get creative you can earn serious cash through an on-line business.
While that is good, what is even better is that you are in control. If money is not you main driver then once you have earned enough to live the life you want, why carry on working 40+ hours a week?
If you want to just keep your business ticking over and reduce your hours. The go have some fun in the time you have created.
Try doing that in your regular job!
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