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Posts Tagged ‘New Business’

Deciding Between Online Business and Offline Business

Feb 5th, 2009 by Stephen

One of the most common dilemmas that people face when they want to set up a business of their own is that whether to start an offline business or an online business. Both have their own pros and cons. However, the pros of online business outweigh the pros of offline business for the following reasons.

Primarily, when you set up an online business you do not have to quit your regular job if you have one. In most cases, you can make money online working anytime of the day or night. This is one of the greatest advantages of starting an internet home based business. Since it does not require you to quit your regular job, this will turn out to be a good source of secondary income that will help you achieve your dreams faster. Once you are 100% sure of your new business, you can quit your regular job and develop your online business further to make it your primary source of income.

Secondly, when you want to setup your online business, you do not need a huge investment margin. You can start your internet home based business with as little as few hundred dollars. There are also online business opportunities that do not require any initial investments. Moreover, you do not have to rent any office space to set up your office. You can setup a home based office with no additional cost. All you need is a computer and a reliable internet connection. You might as well be working from your bedroom and still make a lot of money online. It is not only about initial investments, you do not have any major recurring expense as well such as renting your office space, which can be highly expensive these days. All the money you make can be used for your own needs.

When you set up an internet home based business, your business is open to the worldwide customers. On the other hand when you run a regular offline business you are limited to the local customers. Moreover, because of the prevailing competition at one stage or the other, your marketing efforts will have to be taken online as well. This will increase your overhead costs further.

When you run an offline business, you must make yourself available during the regular business hours, which will force on you the routine of a 9 to 5 job, and the only difference here would be that you would be the boss here. Being the boss does not give you the freedom of an online business. Therefore, taking into consideration all the above advantages, it is best to setup a low investment online business and start making money online. Only during the initial setup stage, you will have to put in some extra efforts and after the initial setup stage it would require considerably lesser efforts.

There are endless online business opportunities available for you to select. You must select an online business opportunity that has already proven its success. This way you can reduce the risk factors to a great extent.

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Technorati Tags: Business Online, Dreams, Home Based Business, How To Make Money Online, Initial Investments, Internet Connection, Internet Home Based Business, Job, Limited, Lot, Marketing Efforts, Money Online, New Business, Office Space, Online Business Opportunities, Primary Source, Pros And Cons, Rent Office, Worldwide Customers

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Do You Need Prior Marketing Experience To Start Home Internet Business

Jan 24th, 2009 by Stephen

Many people who want to make money online hesitate to venture into any new business because they feel that they do not have any marketing skills, as they have never done it before. Do we actually need prior marketing experience to start home internet business? The blunt truth is yes every business on the earth requires marketing skills. Only when the product or the service that we are offering is marketed well, we will be able to see success and only then, we can make people buy from us repeatedly. Only through our marketing skills we will be able to make people want our product. However, it does not mean that one who does not have any marketing skills can never venture into any online money making business. If that were to be the case then we will not have over 60% of the business that we see online. So never be worried that you do not have any prior marketing skills and let this fear not stop you from venturing into setting up your own home based internet business.

It is always nice and comfortable to enjoy the security of the regular 9 to 5 job. Here you do not have to be anxious about your monthly paycheck as long as you are working in a company. However, the security that you are enjoying here is costing you a great deal and possibly it is costing you your entire dream and it is costing you your financial freedom. You convince yourself to be satisfied with the meager income that you get month after month and tailor your life to suit your income rather than tailoring your income to suit the life you would like to live. If you think that this is what keeps you happy, then you would never have to take any risk in life. However, with the current economic crisis, the so-called security that you are enjoying now itself is no more secure. Even multinational companies are shedding thousands of employees to keep their expenses low. Therefore, you are actually running under same risk if not greater risks.

On the other hand, when you have your online money making business, no one can throw you out in the name of lay offs. You do not have to live with limited salary. There are number of ways that will help you win everything you need in life and more. It is just a matter of finding the right guide who can help you get where you always dreamed to reach. You will be able to master the required marketing skills in no time and there are thousands of people around you who have started like you. We have lot of inferences around us that will help us conclude safely that it is not an impossible task; if it were to be an impossible feat, then it should not be possible for anyone. You just need to put your mind into it and work towards it.

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Technorati Tags: Blunt Truth, Business People, Earth, Economic Crisis, Fear, Financial Freedom, Home Based Internet Business, Home Internet Business, Internet Money Making, Job, Many People, Meager Income, Money Online, Multinational Companies, New Business, Online Business, Online Money, Paycheck, Risk, Start Business

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