SO WHY AN ONLINE BUSINESS?
Part 1 – How I Learned to Build an Online Business… OVERNIGHT
In part one of this 3-part series I outline 5 key reasons of why you may want to start an online business and maybe you can even start your own business OVERNIGHT!
Have you ever thought of starting an online business?
Ever wondered why it might be a good idea?
There are many reasons why you might consider it.
Below are 5 key reasons to take the leap!!
1. THE INTERNET IS THE CHEAPEST PLACE TO FAIL
As one of my mentors says, “the internet is the cheapest place to fail!”
Meaning that an online business has very low start up costs!
You will have to pay a small fee for hosting your site and maybe an email responder service, but basically, if you have a laptop and an internet connection you are up and running!
You won’t have to take out any loans or mortgage your house, so the risks are very minimal!!
2. WORK DOING SOMETHING YOU LOVE
An internet business is FUN!!
Everyone has some special talent or knowledge, maybe an interest or hobby or something that you are really passionate about!!
You can then use these interests and turn them into a business.
You can help other people with what you know and love, AND make money at the same time!!
3. WORK WHEN YOU WANT, WHERE YOU WANT
The great advantage of starting an online business is that you can start in your spare time!
You don’t have to give up your day job, although eventually you may want too, and then you can schedule when you work around your other commitments! There is no nine to find grind!!
As long as you have your laptop or i pad and have an internet connection , you can work from anywhere in the world! I have worked on my business while relaxing by a pool in Indonesia and even while having a couple of beers in a hotel… there is no office!!!
4. MAKE MONEY WHILE YOU SLEEP
Once you do the initial work on your business, you will then start getting paid on an ongoing basis, this is called residual income!
Your business can be fully automated and run on auto pilot!
You can utilise tools such as shopping carts and auto responders to send out emails to your data base automatically using services such as Aweber!
You can also leverage affiliate programs and use affiliates to help sell your stuff as well!
Once you do the work once, it then keeps coming in, even while you are asleep!
There is nothing better than to wake up to an email saying more money has been deposited into your bank account over night because you have made some sales or received an affiliate commission!
5. ANYONE CAN DO IT
The best thing about starting an online business is that anyone can do it!!
Even as an absolute beginner, with the right tools, training and guidance, everyone has the ability to start and run a successful online business!
The key however, is to find the right training and mentorship.
This is where the online community at Wealthy Affiliate come in!
WA is the #1 ranked Affiliate Marketing online community today!
Here you will receive the very best training and support available to get your website up and running and making money in the quickest time possible.
WA is who I use personally, and I can not recommend them more highly! And you can start for free!
For more information on Wealthy Affiliate, read my full review here!
So take my advice and start your online business today!
I will be back in Part-2 in this series where I show you how quick and easy it was to build my website.
If you have any questions or comments, feel free to leave them below, I will be happy to help.
Talk soon,
John W. Newman
Dream It… Believe It… Then Achieve It!
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Hey John,
Lots of good info and insight on here. What can be better than making money while you sleep? I’ve invested a TON of money with a TON of risk with businesses in my past life. The internet like your mentor said is the “cheapest place to fail” but seems to me WA is almost dummy proof if you provide good content and are teachable!
Thanks for the comment Brad!
Making money online is using leverage at it’s best!
I like the frankness and truth in this piece, while still being idealistic. After reading and re-reading number 1, I realize how true it is, and it makes me feel a bit lighter! Thanks for the article.
Thanks for your comment Lizzie!
I am glad you liked my post!
Great post John! I like your site too – very informative 🙂
Have a fab day!
Cheers
Karina
Thanks for your feedback Karina I am glad you like my site!
Have a fab day yourself 🙂
Awesome steps to success with an online business, John 🙂
I agree with everything you say and I personally love the “make money while you sleep” step because there is no job out there that pays us 24/7. The best part about building an online business is choosing the level of our income, we get a pay rise every month, we make money when we are sick and especially if we choose to get out of bed or not.
This is the dream!
Neil
Thanks so much for your comment Neil!!
You are right… This truly is the dream!!!
Oh yes, the internet is truly the cheapest way to fail – without too much public embarrassment, if I may add. When I first started, I thought “what if it doesn’t work?”. Well, besides me and my bank account, who would know anyway. So I kept doing what I am doing now because it’s really fun. There are so many things to experiment on the internet. I can’t wait for the day when I can finally work from home.
I couldn’t agree with you more Cathy!!
I am glad you are enjoying what you are doing! It is a lot of fun!!!