Too many people view Internet business through an extremely narrow lens. They see it as risky, oversaturated, and not the way towards finally reaching their financial and personal goals.
The reality, of course, is that there are as many different ways to do business online as there are people and business making the World Wide Web work for them and their bank accounts.
There are many different Internet business models out there (some great, and some bad) to suit your strengths and weaknesses, but what I really want to drive home right now is the “why” – that is, why you should consider starting and growing an online business NOW.
The following are just a few of the benefits of owning your own online empire to help encourage you to finally make that leap.
1. You will find the ultimate job security
Ask a handful of people what they think about the idea of pursuing Internet business, and you should hear at least one person respond with, “It’s too risky!” I have to disagree. When you learn how to do business online, you’re actually training yourself to create ultimate job security. If you learn how to sell products online, chances are you’ll be able to repeat this process – even if your original idea doesn’t pan out.
The same goes for finding freelance service clients, sending traffic to ad-based sites and successfully re-launching every other Internet business model out there. Now, contrast the ability to generate income online over and over again with a steady day job held at a single employer. Considering how many companies go under these days, putting all your eggs in that single basket sounds way riskier to me than learning how to make money online!
2. You will FINALLY work on projects you’re passionate about
As a regular employee of someone else’s business or company, you are likely not working on the projects you’re passionate about. Instead, you are completing sometimes incredibly mundane and boring tasks in order to increase somebody else’s bottom line. This arrangement works for some people, but the reality is that most regular 9-5 employees do not even know what they are missing or could be doing when they trade in the perceived security of the daily grind for the satisfaction of working for yourself and on projects and services that bring you actual joy.
3. You will have access a wider network of clients and buyers
If you already operate an offline business that sells certain products or takes on freelance clients (for example, as a freelance writer, web designer, programmer or accountant), transitioning your business online will give you access to a much larger and more varied pool of clients and buyers. You will no longer be competing against other “brick and mortar” agencies in your area for the same tiny network of customers. Instead, as an Internet business owner, you’re will be free to think as big and a grand as you want. You will be able to access buyers a few towns away and even on another continent. You will be able to take on an even bigger piece of that delicious business pie!
4. You will have the freedom and energy to explore your interests
One of the greatest advantages of running your own Internet business is the flexibility. When you work a regular 9 to 5 job, you are tied to a set schedule that seems to never correspond to the amount of work you have or the times that you are most productive. Many employees aren’t lucky enough to have a very understanding boss, that will allow you to drop everything for an afternoon surf session, or start your day at noon when you just “can’t even” in the AM.
Running an online business gives you the flexibility to set your own working hours and days based on your particular needs. It can give you the freedom to live and work from anywhere, travel more (since nearly all Internet businesses can be run from a laptop and cell phone), and work when you know that you will be the most productive. With an online business you can have real “location independence,” and if you would like, can start living and traveling as a digital nomad.
5. You will enjoy low startup costs
You have likely always had an entrepreneurial inclination, and you have likely noticed that most business owners who choose to launch their ventures online enjoy substantially lower startup costs than those who run their business in the “real world.”
Just think about it for a moment – in the “real world,” business owners pay for their office space or storefront, physical inventory, printed stationery and so much more. The dollars going out can really start to add up!
As an Internet business owner, your only real expenses will be a domain name and hosting account. Even if you do decide to purchase inventory or invest in tools that will make running your online business easier, your overall investment will still be immensely less expensive than maintaining a storefront or physical office space.
6. You can dramatically increase your earning potential
If you’re employed in a full-time day job, your earning power is limited by both your field and your experience. For example, if you work as an educator you can gain all the experience and certifications you want, but you aren’t likely to ever hit the same million dollar salaries of investment bankers and lawyers. But with online business, the sky’s the limit.
If you successfully sell one product online, you can then train yourself to sell five, or even fifty! You will no longer need to negotiate every raise, instead, you will have the power and knowledge to generate that additional income on your own.
Remember, you have what it takes to turn your dreams into reality, and an online business can be the missing link between you and your goals! Let’s get you started!