By Gordon Robinson
There are many reasons to start an online business and I have listed below the five main reasons I started my Online Business.
Reason #1 -Job Security
Ask a group of people the question about starting a business online and you will inevitably get a few responding that it?s too risky. I completely disagree with this! Once you have understood and grasped the concepts of selling products online you have basically given yourself a blueprint to replicate the process and give yourself a long term financially sustainable business model. Let?s face it however; even those people with long term stable jobs working in well-established organizations cannot claim to have job security. Every day I hear of more job cuts doing the rounds and if anything it?s people in these ?types? of jobs that are more nervous about job security than online marketing entrepreneurs.
Reason #2 ? Be Passionate About What You Do
The bottom line is that working as an employee is making somebody else wealthy off your efforts. So in effect what many of us do is sacrifice our time and effort in return for a secure job (which is really not that secure). The result is that we do just enough to get by and end up doing ?work? that we are neither passionate nor even care about. Many people don?t realize that productivity is increased tenfold when we are passionate about something. If you aren?t personally satisfied by your current job, you should at least consider the potential fulfillment that comes from running your own online business.
Reason #3 ? Startup Costs Are Low
One of the biggest stumbling blocks for setting up your own business is the large startup costs. To start a ?brick and mortar? type business, owners must pay for commercial space, physical inventory, printed stationery and much more. As an Internet business owner, all you really need to start your online business is an internet connection and a computer. Then there are small inventory costs such as domain names and hosting accounts. The bottom line is that your initial investment for starting up an online business will cost you much less that pretty much any other type of business.
Reason #4 ? A Large Market Place Means Increased Number Of Customers
There are now over two billion internet users worldwide. The market place for your online business is huge. These days you can basically market any product or service and there will be a customer base somewhere ? you just need to find it. Whether you promote digital or physical products, if you understand what you are doing and apply yourself you will reach more people and as a result make more sales which equate to more income.
Reason #5 ? Increase Your Earnings Potential
If you?re employed in a full-time day job, your earning potential is limited by your field and your experience. If you work as a nurse, for instance, you can acquire all the experience and qualifications you want ? you?re still never going to hit the same million dollar salaries that investment bankers or lawyers will. But with an online business, the world is your oyster. If you sell one product online, you can upscale to sell a hundred. If you decide to increase your service offerings, you can always take on additional employees to help manage the workload. Instead of negotiating a paltry 5% raise with your boss, you?re essentially creating this increase for yourself ? a truly empowering experience that makes all the risk and uncertainty of an online Internet business worth it.
Gordon Robinson is an Online Entrepreneur and Founder of Work with Gordon. Specialising in online marketing Gordon mentors online business owners to achieve long term financial success. Visit Work With Gordon and discover how to achieve great results for your Online Business. Sign up to the Free Video Bootcamp Series that will show you how average people are creating Successful Online Businesses.
Do You Want To Rock Your Online World? At VA-Live We Show You How...Source: http://theboardmagazine.com/2012/12/5-reasons-why-you-should-start-an-online-internet-business/
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