Depending on the type of business you wish to start, your start-up
costs can be as little as $50 or less, even close to free if you use
companies like Bravenet
The fact is, most businesses do NOT need to incur expensive start-up
costs... and most businesses should not invest a lot of start-up
capital before they've tested their business and their market online.
That's where so many "dot bombs" made such a grave mistake in the
past, and there's just no need to take that risk.
Only once you've tested your business idea on the Net and found it to
be a viable opportunity should you start investing in the kind of
software, web design, inventory (or whatever) that you'll need to grow
your business. Then again, you may want to just do it all yourself
every step of the way...
These days, you can keep your start-up costs down to approximately 50
bucks or less. And you can begin adding the other components of your
online business once you've proven that your business can be profitable.
And you do not need a product idea to start---and not only that: If
you do start with a product idea... you'll be off to a bad start!
The reality is, most businesses that start off with what they think is
a good product idea are destined for failure. Your product might be
great, but if nobody wants it, your business isn't going to get very far!
That's why it makes so much more sense to look for your market first.
If you can find a need in a market you can reach, then simply give
them what they're asking for... your business is bound for success
from day one.
For example, there is a man named Eric Weeks who doesn't really like
trucks very much -- he's never owned one himself. But when he noticed
that thousands of people search the Internet for "truck accessories"
every day, he knew there was a market just waiting for him to give
them what they needed...
When his Truck-Bed-Covers site was only one year old, he was
generating $800,000 annually in online sales!
Eric's advice is, "I sure as heck wouldn't consider building an
e-commerce site on personal interests. So whether it's weight loss or
travel, home business or truck bed covers... if enough people are
interested in those subjects, then THERE is where you need to apply
your efforts."
It pays to remember: Find your market FIRST. Then look for a product
to give them.
Larry Potter is a recognized authority on the subject of starting a
home business with little or no cash. His website provides a wealth of
informative articles and free resources on everything you'll ever need
to know about a service home business. More tips can be found here:
http://urlcutter.
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch format to Traditional
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe
__,_._,___
No comments:
Post a Comment