The internet is probably
best opportunity ever for anyone to get into a rewarding venture of their own, at amazingly low cost. We're in financially troubling times, why not start now? Just think about this... a local store can easily cost thousands of dollars before you can open it's doors. This involves property lease or rent, insurance, display shelves, office furnishings and supplies, equipment, advertising, stock, more. When you finally do get it open, money left for working capital may be very low. This makes it difficult to meet on going expenses until business can survive on it's own. The market is limited to just your area. So in comparison to that...As a 'Netpreneur, world is your market; expenses are less.
That is true, everyone knows it. But too many people believe empty promises and schemes that are rampant on this new frontier; just like old gold rush days you read about. "There are no free lunches" still holds true. Advising you what business to get into on net is not intended here, that's a whole other subject we can get to later on. Let's assume for now that you have some venture ideas in mind. Actual profit is rarely immediate, but that is always possible.
While not impossible, usually those over night results we hear about took a very long time (maybe years) preparing for that particular night. This is certainly not meant to discourage any one. It is just meant as a help in making decisions about how much faith, risk and will power you'll invest in your ventures.
This simply means, if you can't have that much faith and will power for a business idea, or if you aren't ready to learn and take a little risk to test waters, you had better look for some thing you can feel more confident about. When our money is involved, no matter if it is only a small investment, those are decisions that do become much easier. In fact, I have found that it is better to have some money invested because it will keep us motivated and focused when there is some risk and our "eye is steadily on prize".
There's a valid point to holding off expense as long as you can.
Even when you are ready to "go live", it's usually quite a while before we see enough money made. Costs add up during that time, usually monthly, for websites, hosting & promotions. So that expense as well as any product investment needs to be recouped as a first goal. Set your goals like steps on a ladder to your ultimate goal at top. It's easier to go step by step in a systematic way. It is very exciting and keeps you going to reach each next step on that ladder.
To make money, you MUST make it easy for people to buy.
This means good clean website design and navigation. People want to see quickly what you're offering, if it will benefit them, how it will be delivered, how much it costs, and how you are going to back it up. Be sure your site loads fas. Never use any applets, cutesy decorations nor script that does not relate to one of those five factors. Every headline and sentence needs to make them want to know what is next. It must hold their attention until buying decision is made.
You MUST accept "Plastic Money" on internet.
I don't know if your product is tangible (shipped), an intangible (downloadable) or subscription (recurring billing). But whatever it is, buying needs to be easy, fast and securely done. Having a merchant account of your own is best way if you have a great deal of buyers. It can be very expensive to set up, even if some companies offer full service, including a shopping cart.
But you have to pay monthly fees and usually have a volume requirement to meet to earn lowest prices. Also you need to have a business checking account... more monthly costs. The advantage is low bank commission percentage you will have to pay on your sales. You need ($?) sales to break even.
