Starting an Internet Business - Why Everyone Seems to Be Doing It
Does it seem to you as if everyone around you is either talking about or starting an internet business? With the state of the economy and many employers cutting back on benefits and annual increases it's probably not a surprise to you.
Still if you are not experienced with the internet or online marketing, and you're happily employed or financially stable...why would you even consider starting an internet business?
Well I have a secret for you and...here it is, you don't need any internet marketing experience to create a successful online business and achieve a lifestyle that most can only dream of.
Following are the primary reasons most people are either talking about it or actually doing it, see if any of these resonate with you:
The internet is a huge market (the whole world) and it's getting bigger as you read these words
According to the Computer Industry Almanac, there were 1.59 Billion Internet users in 2008; and we could see the 2 Billion mark by 2012. Now, is there any doubt that a 1.59 Billion-user pool is a very attractive target given the leverage you have on the Internet?
It is very inexpensive to start
Unlike an offline business that you may be used to, an online business does not require much start up money. With a good market, a solid idea, product or service you are ready to build. All you need to purchase is a domain name, internet access and web hosting...all of which can be purchased for less than $100!
Even as an Internet Newcomer anyone can learn how to do it
If you have no previous experience you can start an internet business. There are remarkable resources available for free online to get you started from training courses to eBooks. If you're willing to learn you can be in business for yourself.
You choose when you work
Who says you have to work from 9 to 5 Monday through Friday? To do business online, you don't have to wake up early in the morning so that you can fight traffic to arrive to work by 9am. You choose your own schedule because you are your own boss!
You can work from home or anywhere with an Internet connection
Where you hook up your computer could be your new office even if that's the beach! You can save hours of your time each day by not having to travel to and from your work place during rush hours.
You can fully automate your business
If properly set up, some online business models can be fully automated - please be aware that even with automation like that of a turnkey internet business - you will still have to put time into it if you want it to grow.
Your business can and should be all about your hobbies and passions
What a great reason for you to be starting an internet business, the opportunity to turn your passion into profit. With so many profitable niche markets available for you to go into, these businesses truly allow your passion and dream to come to life.
Internet businesses generally have very low ongoing expenses
Believe it or not, some can be set up and running at zero cost, if not very low. A good example of this is a blog using a free blogging platform like Blogger or WordPress. And there are many other options that can be run with minimal ongoing expenses like web hosting, domain name registration and payment processor.
There will always be a trade off - your time or your money. Because even though there are many low-cost options - the more automated and the more of the work that is completed upfront generally the higher the cost. A good example is a turnkey internet business or a "business in a box."
With a turnkey internet business much of the business is already established for you - all you have to do is "turn the key" and open your doors for business. However, these type of businesses can run from several hundred to several thousand dollars to buy so be sure to do your research first.
Once you have one profitable venture you can build and have more than one
Since the cost of starting an internet business is so low, and you can automate your operations, you can operate multiple businesses easily as an independent entrepreneur.