The secret and the passion behind an online business.
I have to admit, being an entrepreneur sounds scary. All online based businesses need a business plan and similar to a brick and mortar store you will need to organize your product and get it ready for launch. You need to build a financial breakdown of the costs that might be involved and a plan for all the legal aspects of your business. It’s definitely not an easy task and it’s a long road to success but in the end, it will be worth it.
Let me give you my top 5 reasons why I started my business. Reasons that hopefully will make you consider working online.
Freedom and no geographical limitation.
This is the biggest and the most significant reason for me. First of all, I love having the freedom to work from any country, hotel poolside, or beach with only a computer or a smartphone. Believe me, it is as easy as that 🙂
Low start-up costs and the flexibility.
Choose the amount of money you want to invest in your new business. Relevant to getting started online will be a small fee for domain name cost and hosting account. Furthermore, even if you want to launch your business on Amazon the investment in inventory will be much less than a physical store.
As a result, you get the chance to be your own boss and work on projects that you are passionate about but please understand that being self-employed does not mean shorter work weeks. The fact is, owning an online business may mean longer days and working hours and your business will require 100% commitment.
Opportunity for unlimited passive income.
You guessed it, this is my second significant reason for deciding to launch into e-commerce :). Who doesn’t want passive income? Well, not exactly passive but close enough and after you invest your time and energy in building your e-commerce empire the money will start to flow.
Statistics shows that the future of online shopping is bright. Nearly one in four people shop online at least once a week. In 2013, 41.3 percent of global internet users purchased products online. Consequently, in 2017 this figure is expected to grow even further to 46.4 percent.
If you don’t try you will never know.
Have you ever heard “real life starts at the end of your comfort zone”? Most of all, challenge yourself and be curious about what change will bring. It is completely up to you on how far you wish to push yourself but in the end we only regret the chances we didn’t take. In conclusion, every accomplishment starts with the decision to try. Good Luck!