Throughout history there has never been an easier or better time to start your own business then there is today.
With the development and growth of social media everyone is connected together regardless of their income status or geography.
Weather you’re rich or poor you now have the ability to share your skills and connect with people all over the world for free.
And for those looking to build an online business it’s extremely inexpensive and very easy to get started.
In fact many people have started their own business for less than $100 (the cost purchasing a domain name and a hosting service).
If you can connect with others you can start a business.
There are so many benefits to starting your own online business, but in order to keep things simple I will only list four of the many wonderful benefits here.
1) Starting an online business is extremely inexpensive
As I stated earlier many small business have started building their empire with nothing more than a domain name and a hosting service to house their website.
Once you have everything set up and you’ve done your due diligence to begin gaining traffic and building an audience you can create products and/or services to sell to your targeted audience.
Digital products and information products are extremely popular amongst bloggers and small start-ups because you can create them for little to no cost and they are available for download 24/7.
What makes this type of business so great is the fact that you don’t have to ship any products and you have virtually an unlimited supply since everything is digital.
If you’re a programmer you can sell your latest programs to your targeted audience or work as a freelancer doing programming for other people.
If you’re a graphic designer you can create graphics for other websites or clients.
If you’re a photographer you can showcase your work online and grow a customer base or frame and sell your photography online.
If you’re knowledgable about a specific topic you can create a digital information product such as an e-book, audiobook, how-to-video or start a membership site.
If you’re a consultant you can use the internet to help you market your business so you can gain recognition for possible clients and those interested in your industry.
The possibilities are endless, and you can start with very little money.
There are no overhead costs, you don’t have to pay for rent or monthly expenses in the beginning (except maybe for email marketing) and you aren’t locked down to a single location, so there is very little reason for you not to try to build your very own internet business.
2) You have more flexibility of your time
Depending on the type of online business you choose to set up you generally have more flexibility in creating your schedule.
You can choose what time of the day you want to work, how many hours you want to work and what days of the week you want to work as long as you set your business in an efficient way.
This doesn’t mean that you can simply relax all of the time, but you have more choices in choosing when to focus on being productive whether it’s Monday – Friday or just the weekends, and whether it’s early in the morning, late at night or in the middle of the day.
You aren’t limited by an hourly wage because your income is often determined by how productive you are with your time, not the number of hours you work.
Having more flexibility in your schedule means being able to spend your life focusing on other important activities outside of your business and being able to make time for the things that truly matter (aside from your business that is).
3) You have the freedom of choosing your location
In an online business you aren’t tied down to a desk or a single location.
As long as you have an internet connection and a laptop you can run your business from anywhere in the world.
You have the freedom to travel and choose where you want to work on any given day and that’s extremely liberating.
Whether you want to visit your family in another state or take a trip somewhere exotic your business will always be with you.
4) Unlimited income potential
In an online business your income isn’t determined by the number of hours you work but the level of productivity you can produce during the hours you work.
By spending your time on marketing and income producing activities you can significantly reduce the number of hours you have to work in order to bring in a sustainable income.
Your business is open 24/7 365 and keeps running even when you sleep.
You don’t have to be present in order for a transaction to occur, you just have to be consistent with your efforts and focus on the right things to grow and sustain your business.
As you can see starting an online business can be extremely fun and liberating.
You can start for very little with very little and grow your website over time to fit your audiences needs and your schedule, so why not take a chance and try.
Try for the sake of fun and adventure, and the possibility of making a difference that could change your life.