Let’s face it, the economy today is in the toilet; the unemployment rate has almost reached 9%. Simply put, most Americans cannot afford the normal start-up and operating costs for a traditional small business; usually a substantial amount of capital. This is what the problem is when people get the entrepreneurial “bug” and want to work for themselves.
People often relate small revenues with a small business. It is well known that the first 3-5 years are the most crucial for a small business because there is no profit before then. Yep, no profit because the start-up and operating cost are so substantial that most business owners invest their life’s savings into their future; recouping their investment takes years to break even.
Now you are asking yourself, how you can earn serious money with a small business? I could fill up these pages with many complicated words and instructions; I have quite a few business manuals. Honestly, it is very simple and very possible.
First, you will need to clear your mind and be open to new ideas. Ok, it’s not that new of an idea, but at least stop thinking of a traditional business model. Begin thinking of a new age way of making money that takes you beyond your expectations, with fewer risks and much faster.
Seriously, opting into an online business model is your best chance at making a substantial amount of money from a small business. For those of you new to the internet business idea, “online business model” is the way you generate revenue by operating and executing from a computer.
Yes, exactly; an online business is the way to make money online. I am not talking about auctioning your stuff with eBay, although that is a form of an online business model. There are many other models that will require less time and effort; not to mention the lack of investment risks.
When starting a small business online, you will not have to get a second mortgage on your house to get started, because you can actually start making money without any investment capital. Even better, you do not need a special education to make money online, either.