Hard work often accompanies having to make money. As a school teacher, I know this for a fact. However, if you have ever dreamed of earning more (which I’m sure none of us do, right?:) than you know that your 9 to 5 job as an employee for a big company or government run organization isn’t going to help you accomplish this. This is why it’s absolutely paramount that you understand how to start an online business. But more important than that, you should learn how to start an online business that has a proven track record of success.
You may be thinking that starting an online business requires a lot of time, money, and energy. Well, you are exactly right with 2 out of the 3 accounts. Starting an online business will require time, patience, energy, and effort. However, spending a lot of money to start an online business does not have to be part of the equation…
… if you know what you’re doing that is.
If anything, only a relatively small amount of money is needed to get you going. You may need to purchase web hosting, a domain name, etc.. but that’s about it. Even then, there are a few methods to start an online business that are no cost. We’ll talk about this in a second.
So here’s how to start an online business for little or no cash:
1) AUCTION BUSINESS
One very easy way to start an online business is with auction sites such as eBay or yahoo. With this business, you can start by selling the junk around your house, and even sell what your neighbors consider junk for profits. You may even discover that you might get even more money than you actually paid for your “junk.” Remember, one man’s junk, is another man’s treasure. The only problem with this business angle, is sooner or later you will run out of junk to sell. Unless you do a great job of rolling your profits into, say wholesale or bulk items and selling those, your profits will run out quickly using this method.
2) WRITE ARTICLES
Besides running auctions, I’ve found that writing articles can be a good source of steady income. If you like to write, or have a knack for writing, than this business can earn you some tidy profits. You won’t even need a website to be profitable. All you need is your writing ability, EzineArticles.com and goarticles.com and a good affiliate program to promote.
Or, you can find some clients who want to hire you to create articles. With this method, you may be able to earn anywhere from $3-$10 per article depending on your writing ability and/or the topic chosen. You’ll be absolutely surprised by how many people out there who are willing to pay good money for a decently written articles.
3) AFFILIATE PROGRAMS
Going hand in hand with writing articles, promoting an affiliate program can be a very good method for starting your own online business. You may want to have your own website to promote, or you can use blogger.com or other free blog services to begin your promotions.
Another kind of business that you can start online is through affiliate The fantastic thing about this business is that there are no orders to fill, no website to maintain/update, no hassles with customers. No, your job is to simply funnel traffic to the site. And if someone purchases from your affiliate link, you get credit for it. There are some affiliates earning in the millions (dare I say Google is an affiliate for gambling and porn sites. But you don’t need to be in either business to make money, as there are plenty of other industries that you may profit from as an affiliate.
If you wanted to know how to start an online business, you have your answers. Running your own online business via an auction site, writing articles, or promoting affiliate programs can be lucrative and fun. And they sky is the limit. You can run these businesses entirely for extra spending cash, or scale it up so that it replaces your current income.