Top 5 Reasons Why An Internet Based Business is a Great Idea!

23 06 2009

Have you thought about starting a business but are holding back because of the down economy? Well of course the economy may have an affect on certain types of businesses, but today I am going to tell you why Internet Based Businesses are thriving and why it might be a great idea for you to join the club!

1. Your Own Security Net
You may find yourself one of the millions of people who are already out of work or may soon be out of work due to this economy. As dedicated, motivated, and successful in your corporate America job as you are, is there really any sense of security? Will your boss (who thinks you are great) really have any power to keep you in a job when the company goes bankrupt? Don’t get me wrong, no one wants to see a business go under but it is the reality today. Why not be in charge of your own destiny and not worry about working more and more hours to impress the bosses to keep your job. As an entrepreneur you have the freedom personally, financially, and creatively to form your future the way you see it. As owner of an Internet Based Business the opportunities available using your own ingenuity are innumerable.

2. Access to Large Markets
In today’s day and age it makes no sense not to tap into the Internet to gain access to a much larger market than you could find locally. Just to give you an idea of exactly how many people can be accessed through the Internet take a look at these numbers: In 2008 there were 215 million people online in the U.S. This makes up 71.4% of the population. There were 1,464 million people online worldwide which makes up 21.9% of the world population (Brenner). Need I say more? It doesn’t make sense pulling your hair out over a traditional brick-and-mortar business these days.

3. Ability to Make A lot of Money
Who controls your income? Would you rather it be you, or your boss? Who decides what your time and efforts are worth? Do you realize that your company is buying your time at the wholesale cost and selling it for retail? It cannot be stressed enough, how rewarding it is to work for yourself. Home based businesses make up a $427 billion a year industry. Make yourself a part of it! You control what your time is worth, you control your income by the level of effort and dedication you put into your business, and you can use your own creativity to improve your current situation. The Internet provides an incredible opportunity for all of you entrepreneurial spirited people out there just waiting to take that leap. I urge you not to wait any longer. Don’t let self-limiting beliefs hold you back. Act now!

4. Many Potential Customers Also Looking For Change
You are not alone! There are many other people in the world looking to change their current situation due to the poor economy or for any number of other reasons. You could be the one to help them out! People are realizing that traditional is not necessarily the way to go anymore. Cutting edge, Internet Based Businesses are where the money and opportunities are at these days. Just like you, people want a greater sense of financial security and though their previous business may have thrived during good economic years, they may be struggling at the moment too. They will be much more likely to consider getting involved in an Internet Based Business now than ever before.

5. Low Start Up Costs and Short Turnaround Time
In a traditional business model an owner has a ton of overhead to invest in. You have to consider rent, employees, utility bills, and the list goes on and on. Internet Based Businesses are often run from the home with only the overhead of running your home office and your internet marketing. Very often Internet Based Businesses are run by one person who outsources tasks that he or she does not want to do themselves. Costs can be increased or decreased depending on the owner’s current situation. The turnaround time from getting involved in an Internet Based Business to the time that you can actually start making money is very short. No level of schooling or formal training is necessary if you are willing to put forth the effort to learn the necessary skills. The average computer savvy person can get up and running in just a day or two with little or no help. For those of you with no previous Internet marketing experience like me, a learning curve is inevitable. However, in just several weeks you should easily have some degree of marketing in place so that you can be making money as you fine-tune your Internet-marketing skills. Compare weeks to years of college!

So while the economy is negatively affecting many businesses, the Internet-Based Business sector is taking off. Don’t let this opportunity pass you by! Create your own security blanket, access large markets that include many people also looking to make a change and make serious money while doing it! When you decide to get involved with an Internet Based Business you will experience low start up costs and a short turnaround time for making money. I wish you all the best and hope that by now you have caught the entrepreneurial bug!

Resources:
Brenner Information Group. Interesting Internet Facts. 2000-2008. http://www.brennerbooks.com/interestingfacts.html. 6/22/09.

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