Take a moment to imagine working for yourself on a daily basis,
with no one telling you what to do. You can take on projects that
appeal to you the most and feel proud as you watch them grow
and add value to the market. If this is a scenario sounds more
interesting to you than spending your days working 9 to 5 for
someone else, then you likely have an entrepreneurial spirit.
Perhaps you’ve always dreamed of being your own boss, but
have feared to start your own business because you lack the time
and money, and maybe you don’t feel like any of your ideas are
good enough. Perhaps you’re afraid of setting out on your own
because you’re afraid of putting yourself and your family at risk.
However, the good news is that it has never been easier to
become an entrepreneur as it is today. The Internet has helped to
reduce most of the barriers to entrepreneurship. Today, you can
start building your business while still working at your regular job
and only investing an hour or two a day tending to your business.
Plus, today you have access to a goldmine of information to help
you succeed in the form of podcasts, books, blogs, etc. You can
take advantage of others’ experiences and knowledge and use it
to build your project much faster and safer than before. The only
thing you need to be successful is a deep commitment to learning
and the willingness to put some effort into achieving your goals.
The cost to start and operate an online business is minimal, as is
the financial risk. All you need to purchase to begin your company
are a domain name and hosting service, which you can obtain for
around $6 a month. For the rest, it will depend on what type of
product or service you’re going to sell, but it is entirely possible to
start your business with as little as $100.
With an online business, you also are able to work from anywhere
you want, whether you decide to work out of your home or head
to a café or co-working space. You can choose where to live, and
you have the freedom to organize your schedule almost entirely
as you wish.
The best part of it all is that you won’t be stuck in a cubicle all day
long, or eat lunch at the office cafeteria, or spend hours stuck in
rush hour traffic. And most importantly, your salary won’t be
limited to what an employer is willing to pay you.
In the early 70s, Richard Russell, a finance writer, wrote the
article, The Perfect Business. According to Russell, an ideal
business included the following:
• Minimal labor
• Worldwide appeal
• Low overhead costs and capital investments
• Generates passive income
• Gives you more free time
• Is not dependent on location
• Provides you with fulfillment
If this doesn’t sound like a professional paradise to you, then
maybe you should stay at your 9 – 5 job. However, if this sounds
like a job you’d like to have, then an online business is right up
your ally. In the 1970s it was difficult to come up with a business
idea that corresponded to those criteria, but today it is entirely
possible thanks to the Internet.
There are many ways in which you can make a living online:
• Monetizing a blog
• Offering to consult or coaching
• Creating and selling online courses
• Self-publishing eBooks
• Joining affiliate programs
• Selling physical products through eCommerce
There are unlimited possibilities for you to find your passion and
make a successful online business that provides you with passive
income and that will fit your lifestyle.
Thanks for reading……!