The Ultimate Guide To A Successful Online Business Ever.

By Chris RG

If you ever find yourself wondering why you put up with your job or how come you never pursued your passion, starting an internet and online business may be the best thing you can do to yourself, today.
It is never too late to chase your dreams and become an entrepreneur. Success comes in all ages, from Sam Walton starting Wal-Mart when he was 44 years old, to Moziah “Mo” Bridges hitting $150,000 in sales at just 12 years old with his company Mo’s Bows.
Starting a business is easier than ever in today’s world where the Internet dominates aspects of production, entertainment and social activity. Sure, there are good and bad things that come with starting an online business, but yet more and more people are finding themselves attracted to the idea of being in charge of their lives.
Entrepreneurs are a rare breed of individuals who are constantly exploring new business opportunities. Some seek out new opportunities on their own while others are constantly being pitched new ideas.
The majority of opportunities, no matter how good they might sound, end up being a complete money-sucking nightmare due to expensive overhead, slow scalability and low margins. Online businesses, however, can be very appealing because they don’t have the traditional hurdles that most new ventures face. The following are four reasons why online businesses are the best investment entrepreneurs can make.
The internet is the biggest thing introduced to the millennials, and they are certainly making the most out of this advancement. Apart from using it solely as a tool or source of entertainment, the internet is now becoming the source of incoming for most enthusiasts who are on a mission to do something creative, hence earning money using the creativity.
This increasing trend of the internet has permitted the masses to earn money by way of previously non-existent channels. As a result, selling various products as well as services online has become a prevailing fashion for people to earn ample money.
Furthermore, the advent of easy-to-handle website building platforms, as well as the omnipresence of social media, has helped these individuals to reach a great number of people and sell their respective businesses.
Starting an online business is neither a cakewalk nor rocket science. You are required to check certain things to introduce your business to the biggest technology platform. If you are planning to start your business online, here are a few things that you must know before giving your online business a launch:

• Language: English
• Publisher: Chris RG
• Release date: Aug 10, 2021
• ISBN: 9781005617530

Chris RG

Chris RG is a young Ghanaian entrepreneur and a digital marketer, as well as a writer.

Book preview

The Ultimate Guide To A Successful Online Business Ever.

By Chris RG

Copyright 2021 By Chris RG

Smashwords Edition

INTRODUCTION

This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to your favorite ebook retailer and purchase your own copy. Thank you for respecting the hard work of this author.

If you ever find yourself wondering why you put up with your job or how come you never pursued your passion, starting an internet and online business may be the best thing you can do to yourself, today.

It is never too late to chase your dreams and become an entrepreneur. Success comes in all ages, from Sam Walton starting Wal-Mart when he was 44 years old, to Moziah Mo Bridges hitting $150,000 in sales at just 12 years old with his company Mo’s Bows.

Starting a business is easier than ever in today’s world where the Internet dominates aspects of production, entertainment and social activity. Sure, there are good and bad things that come with starting an online business, but yet more and more people are finding themselves attracted to the idea of being in charge of their lives.

Entrepreneurs are a rare breed of individuals who are constantly exploring new business opportunities. Some seek out new opportunities on their own while others are constantly being pitched new ideas.

The majority of opportunities, no matter how good they might sound, end up being a complete money-sucking nightmare due to expensive overhead, slow scalability and low margins. Online businesses, however, can be very appealing because they don’t have the traditional hurdles that most new ventures face. The following are four reasons why online businesses are the best investment entrepreneurs can make.

The internet is the biggest thing introduced to the millennial, and they are certainly making the most out of this advancement. Apart from using it solely as a tool or source of entertainment, the internet is now becoming the source of incoming for a majority of enthusiasts who are on a mission to do something creative, hence earn money using the creativity.

This increasing trend of the internet has permitted the masses to earn money by way of previously non-existent channels. As a result, selling various products as well as services online has become a prevailing fashion for people to earn ample money.

Furthermore, the advent of easy-to-handle website building platforms, as well as the omnipresence of social media, has helped these individuals to reach to a great number of people and sell their respective businesses.

Starting an online business is neither a cakewalk nor rocket science. There are certain things that you are required to check to introduce your business on the biggest technical platform. If you are planning to start your business online, here are a few things that you must know before giving your online business a launch:

CHAPTER.ONE

Reasons why you need to start an online business?

There are a few good reasons for doing this:

1. Low start-up cost yet large scale

Most online businesses are built with low start-up cost. You can start for very little and grow your web shop, website, web app or mobile app over time, adjusting your online business to how your audience interacts.

According to NZIE, new technologies that can be used with online businesses reduces the amount of work you have to do, allowing you to cut down on costs. For example, adopting e-business solutions such as a responsive website, smart UI/UX, e-commerce, rich mobile app, online marketing tools …, that can reduce maintenance, repair and operation costs.

Once you are setup and ready to roll, your business is open 24/7 365 days a year, and keeps running even when you sleep. This is what distinguishes online businesses from any other, because your income is not determined by the number of hours you work, but rather the level of productivity you can produce during those hours.

This gives tremendous scaling opportunities to those productive ones. While it is hard to scale the number of hours you or your employees can work (we all have 24 hours in a day), if you create a smashing hit with your online business, there are few limits to how far you can go.

You don’t have to be present in order for a transaction to go through, you just have to be consistent with your efforts and constantly be laser-focused on creating value for your customers to grow and sustain your business. Some people thrive under this, others don’t.

If you are one of those that thrive under this, by investing your time on marketing, sales and any other activity that generates income, you will significantly reduce the number of hours you have to work in order to bring in a healthy income.

2. Low overhead and high margins

An online business will often allow you to eliminate some of the huge costs associated with an offline business. Not only can you eliminate things such as pricey office or retail space and long-term lease commitments, but you can also eliminate having to tie up your money in stocking inventory. A drop-shipping agreement with the manufacturer or a manufacture-to-order arrangement can greatly reduce your financial-risk and will allow you to maintain more consistent margins with less upfront cost.

Imagine if you had a business that sold hats and you carried five variations: red, blue, green, yellow and orange. In a physical brick-and-mortar location you would need to keep all of the variations in stock because you don’t know what hat the people walking through your door are coming to buy. If the yellow hats don’t sell you are forced to discount them and take a loss. Selling the same hats via drop-shipping would mean you won’t be left holding unsold merchandise that you have already paid for.

3. Provides limitless freedom

Many entrepreneurs are drawn to online businesses because of the freedom they offer. Modern technology, laptops, tablets, business apps and VOIP communication systems are just some of the tools that allow businesses to be operated from any location. Next time you are in a