Steps Towards Starting An Online Business

Online Business 101

WHAT IS ONLINE BUSINESS?

An online business is a business one does without the ubiquitous requirements of a physical offline business.

It is done by taking advantage of the world wide web otherwise known as the internet.

There are so many ways by which online business can be carried out and they include – buying and selling, offering services like repairs, writing articles, taking surveys, doing social network jobs, e.t.c.

The means of payment for online business include Papypal, Alert pay, Credit Card, Bank Account.

WHY DOES ANYONE NEED TO START AN ONLINE BUSINESS?

1.                  in this generation, internet services have made the world to be a “global village” in the real sense of that phrase, such that one does not have to travel to China or any other overseas Country to import good but can actually do that online thereby saving him or her the extra cost of flight tickets, and hotel accommodation with other incidental expenses on food and drinks; but most importantly also avoiding the hazards and risks associated with road and air travels.

2.                  no matter how much you are paid as salary (that is if you are working a paid employment job), it will NEVER be enough for your needs on monthly basis, not to talk of keeping something aside. So if you want to make ends meet and still have a  reserve, then you ought to have more than ONE STREAM OF INCOME

3.                  establishing a traditional (physical) business is costly and quite cumbersome – what with the fact that you have to rent a shop, engage staff, print documents and other associated overhead and running costs, this is quite scary for most people. But for online business, all you need are basic tools – a laptop or android phone, an internet modem, payment facility like paypal and a little start up capital

4.                  an online business exposes you to the world’s global market right from the word go

5.                  you don’t have to be there in person to make money. Your computer takes orders for you and delivers them thus making money for you even while you are sleeping or on a vacation in a remote island.

WHEN IS THE BEST TIME TO START AN ONLINE BUSINESS

Certainly you want the best for you and your loved ones, your family.

You want TIME and FINANCIAL FREEDOM.

You want to be able to buy and own the best things of life.

You want to be there for your family, watch your kids grow and be a real present parent to them (and not an absent parent) to teach them morals and good ethics.

But you feel TRAPPED or constrained by the times.

The economy has gone bananas, all you hear in the news everyday is about the imminent collapse of the world’s economy and the quick advance of recession and depression and so you are so afraid for the future, you are scared of any moves because you can’t afford to fail, so you think it is a bad idea to start an online business now; but I am here to tell you that despite the downturn of the world’s economy the BEST TIME to start an online business is NOW.

Like I said earlier, with online business, you are exposed to the world’s global market, the start up costs are negligible and you can get started while still working your regular paid job, so you won’t feel the pressure of needing to earn big profit right away.

It is very common to feel scared when undertaking a new adventure but like the popular maxim has it “no venture, no success” – if you don’t venture, if you don’t take calculated risks, you can never succeed. And for online business, there’s really nothing to worry about because there’s actually very little risk that you will fail particularly if you follow a well tested and time proven system for starting a successful online business.

It is important for you to know right from the very beginning that ONLINE BUSINESS IS NOT A GET RICH QUICK SCHEME. So if you are here and hoping that you would start today and then make tons of dollars tomorrow, you are at the wrong place.

With the right frame of mind and system, you can start slowly but surely with low upfront costs, using only your free evening times and weekends to put your business tools together and in place.

Then as time goes on you’ll continue to learn and grow until you start making modest profits. This will allow you to invest more time and money in your business and as you keep applying advanced strategies your business would begin to make serious money for you.

Then once your first online business is running handsfree (auto), you can use everything you have learned to start a second one and then a third and so on until you have MULTIPLE STREAMS of income flowing into your bank account automatically.

Wouldn’t that be nice??

But know that it won’t happen over night and it’s  not as easy as every other person advertising on the internet tries to make you believe.

If you take your time (don’t be in a hurry), exercise faith and patience and stay focused and motivated, without giving up, this life changing income can really be yours.