8 Reasons to Start an Online Business
There are various strong powerful reasons why you should start an internet business:
It’s flexible; you can take a break or leave anytime you want. You can have a fantastic vacation at Barbados or Dubai and still your business is cruising smoothly. Another beauty is that, you can work anywhere as long as you have an internet connection and a laptop. For example, while writing this post, I’m at Hospital Seremban, visiting my sick nephew who was warded in ICU. While waiting for the rest of the family and relatives to arrive and after watching my poor nephew from window, I switched on my laptop and entered ideas straight away. Even if I ‘m not connected yet, I jusr prepare the content and later when the line is available, I can just publish the post in my blog.
If you study the starting up cost, it is very cheap for a full time or serous part time business. What we need is a domain name and a hosting which roughly cost below $50 per year (basic package). Another investment would be the internet connection or broadband. You can choose to have a mobile broadband or a modem at home. The monthly cost is also cheap compared to renting a shop! I’m currently paying around $20 per month to have unlimited connection.
3. Operate 24/7
Even if I’m sleeping or on a vacation, my websites and blogs are operating 24 hours a day, 7 days a week and 365 days a year. That’s fantastic! I don’t have to be physically in front of the laptop all the time. I’m a normal human being whom need to rest, enjoys eating and want to have fun with my kids. I won’t be touching my laptop all the time…The beauty is after we take some time off, we found that our adsense or affiliate account shows that income is generated everyday and every hour.
4. Potential virtual real estate
When I was younger, I thought of investing in property because it’s a very good investment. Property value will increase with time. The same goes to virtual real estate where the the value of a website or blog can increase as time goes by and as it is blessed with lots of contents and links. There are people who earn massively from developing few websites and sell them when it reaches certain rank and popularity. They earn handsomely from doing that. For me, it’s a cheaper and low risk method compared to purchasing a real house or building.
5. Simple and Easy
Running an online business is simple and easy if you know them. For first timer, newbie or beginner, it may be a tough experience. But if you have strong determination and will power, you’ll learn and experience the technique and tricks to be successful. You may need to invest some money on eBooks, courses, or higher a coach to help you establish your online empire. This can accelerate your success as it acts like a catalyst. You can also choose not to buy eBook, courses or hiring coach if money is a problem for you. The downside is just the speed of the learning process. You can seek information in various blogs, websites or forums, but it surely consume hell more time. But, when you get it all, everything will be simple and easy. I’ve been there and I know it… 🙂 , but I’m still learning. I won’t stop learning.
6. Superb unlimited Income potential
This is so true. If you are doing it correctly, chances of earning substantial income is undeniable. Look at Shoe Money, John Chow and Matt Callen. Those are just few of very very successful people like us making money online. You can do it. You just need to believe and have the correct attitude.
7. Can start at young age
This is a fact that everyone now should accept especially for those who have started working (like me). Honestly, I envy youngsters today because they live in the internet age. There are a lot of secondary school and university students indulging in various types of online business and some of them are really successful financially. The starting up cost is very minimum (or negligible) and that really motivate them to start early. As for me, I started my online adventure 2 years ago and since I know the potential, I never look back. I’m 32 now but I don’t want to let all the pie eaten by those kids, i want some slice of the internet wealth.
8. Diversify your income
There absolutely various ways of making money online and as days goes by, I keep on learning more and more ways of earning from the virtual world. If you have earned from Adsense, you can explore affiliate business. If those are not enough for you, you can always do article writing or make videos. Well, there are just too much to list here. If you have the time, surf the net and you’ll be surprise learning tonnes of making money online methods.