Starting an online internet business is a great way to earn extra money or even earn a full time income online.
Starting any business requires that you learn how to run that business, just as you would any real business. It requires sometime and effort. An internet business is no different. There are some key concepts that you will have to learn, but it does not require that you are a business wizard or that you even have a college degree. The resources for learning how to start and build a business are literally at your fingertips–they are available on the Internet for FREE. Yes, for free.
Deciding To Start An Online Business
Let’s get back to deciding whether or not beginning a business is right for you. Doing the following exercise is a crucial step before making any large decision. We are literally starting at assessing the core strength of your business, which is you. If you do this exercise, you will learn what money means to you. If you ask anyone of the street if they want to make more money, they would probably say yes. But if you ask them why, that it is harder to explain.
This exercise will help you to know what money means to you, which is a very valuable lesson. If you do this exercise before you get started, you will have it to motivate you throughout the rest of your life, really, even if you do not start a business at all.
This exercise is simple, and only requires a paper and pen. Sit down in a quiet place and think about what money means to you. Envision yourself with all the money you desire. Where are you? What are you doing? Where do you live?
For most people, money means security first, then freedom. Security means that we can easily afford our basic needs, like housing and food. Freedom is all the other stuff.
Freedom from: a boring job, working for someone else, a low wage, worry about paying bills. Try to come up with other examples that are meaningful to you.
Freedom to: buy new things, take trips, own your own home, have the best for their kids, live where you like, make your own working hours, relax more, spend more time with the people you love, give to charity.
Hopefully the “freedom to” list is longer than the “freedom from” list, because it is the “freedom to” list that is the one that is more important. Even though you may be in a situation that you want to improve, you need to see where you want to be and think about that, not focus on what you don’t want. (This is called the Law of Attraction, which I hope to discuss more in another article).
Perhaps you are one of the lucky people who has everything that you feel that you need. Congratulations to you! I hope that you have found some benefit in doing this exercise. Most people find that although they are not in a bad situation, by allowing themselves to dream a little they can visualize their ideal situation, which usually does not match exactly where they are. They see a situation in which some more money would be helpful. There are many ways to solve that dilemma. You can get another job. You can cut down on spending. You can repay debt. All of these are ways to increase your income.
However, most people that are making lots of money have their own business. That is a fact. Read “The Millionaire Next Door” by Dr. Thomas Stanley and Dr. William Danko to prove it to yourself. (This is not a plug for that book. Use your local library!)
SEO is BIG Online Business
SEO (search engine Optimization) is a big business as all websites need traffic to their websites and SEO can provide this. There are many ways to earn online and this business involves supplying a service to other website owners.
Create Your Own Products
Selling products online is the way of the future. Online shopping has exploded into homes all over the world as most people find it fast and convenient. Anyone can create a product to sell online, especially a digital product where a customer can instantly access their purchase by downloading it to their computer.
Build a Website
The website and blog industry is HUGE. Individuals and big business alike are making crazy amounts of money from information and content posted online.
Build a Million Dollar Business – Is That Possible?
As I wrote in the beginning, an Internet business is a way to start a business with very little startup cost. It does take some time and effort, but the potential is there to achieve your dreams. There is no doubt that this does happen and many online businesses have gone beyond the million dollar value mark.