In this article, I will share with you 10 advantages of starting an online business.
1. Low start-up cost. The cost to start an Internet Business is much lower when compared to starting a brick-and-mortar business.
2. High profit margins. When the product is a digital product which is entirely created by you, for e.g. an e-book written by you, then you will have 100% profit from the sale.
3. Work when you want. You can choose to work at night or in the day.
4. Wake up when you want. You will have the flexibility to plan your working schedule.
5. Flexible working environment. You can work at home, in a café, or in your office.
6. Beginners can do it. Do your research on the Internet, and try out the different model of existing online business model.
7. Operate 24/7. Your website will operate 24 hours a day, 7 days a week, earning money even while you are sleeping.
8. Market not bound by geographical location. Internet has no geographical boundary limits, therefore your customers come from everywhere in the world.
9. Not bound by who you are. Nobody will care about your age, your race, your nationality.
10. Experience and learn business skills such as accounting, negotiating, business system developing, etc.
Student Judy Cole explains how she began a small internet website while she was a student at West Campus Austin and living in a small student housing apartment. “Since I was studying and doing some library work to help pay for college, I didn’t have a lot of time to pursue other endeavors. I started the website while I sat bored in the library waiting for students to check out books.
So I was only able to work an hour here or there. But after a few months, I was making more money with my “side project” as a student than with anything else I was doing. I quite the library and devoted myself full time. Now the site makes over five thousand dollars a month.”
So do not hesitate anymore. Start your online business journey now. It’s way easier than you think. All you need is a little belief in yourself, some determination and an idea. Only YOU can change your life!