How much does it cost to start an online business? What if I told you that the answer is, the price of a cup of coffee a day, would you believe me?
You’d probably think that I am kidding. Give me a few minutes of your time, and I will reveal to you where and how to start this business and why its a better option than starting a conventional offline business.
At the end of this article, you will discover that whether you are strapped for cash or have surplus cash on hand, the internet can give anyone an awesome opportunity to earn money. At the center of these opportunities lies one that will allow you to learn to build a solid and honest online business and that’s what I am going to show to you.
Ready ? Great, Let’s Start.
Offline Business Verse Online Business
Does it really take money to make money?
I guess if you were to start an offline enterprise, then this statement would ring pretty true.
Take my case as an example. As a pharmacist, the cost to open a pharmacy in my country is astronomical. Just to fill up a decent sized shop with fixtures, stock and equipment would set me back a cool $ 285 000.
Let’s not forget to include the everyday running expenses such as salaries, rental, internet, maintenance, labor , phone expenses and rates and taxes, the list goes on and on.
To top it all, the competition that I would be facing is not a ‘walk in the park’, with big guns like the retail chains that are able to offer discounted prices and savings, making things extra hard for the independent guys to realize some decent profits.
If you have to shift your attention away from the pharmacy business to other physical businesses, you will find a very similar scenario with an offline business. The cost factor being high for an offline business to get off the ground.
Take a look at the graph below and you will see what I mean.
A Scary Fact….
Did you know?
That 95% of physical businesses fail within their first year? One of the main reasons for this is that many of them run out of funds to keep their operations going.
I am sure that many of times,you may have heard stories of people taking out 2nd mortgages on their homes, maxing out their credit cards or appealing to family or friends to fund their dream business.
How stressful must it feel knowing that your business has not succeeded and you are left with the burden of paying that money back?
Now that we have an idea of the costs to start up an offline business, let us see the situation with having to start up an online enterprise.
There is light with an Online Business
We all know that the internet is constantly evolving and growing as people are turning to it as a source of information, for answers and most importantly to buy stuff.
This is why an online business can be a lucrative way of earning money.
How much does it cost to start an online business? Take a look at the graph …
WOW, its pretty evident that in comparision to an offline business, it is much cheaper to start an online business. These are the figures for the services which you will be charged for and most of the time, you would have to look at 5-10 different places to out source them.
Nevertheless, a monthly fee of $1,500 is still much cheaper than the price you would be coughing out for an offline business. But guess what?
There is a MUCH more affordable way to start an online business. And it won’t cost you anything near $1.500.
Are you starting to get excited?
Behold, an Online Business that is as Cheap as a Cup of Coffee a day…..
As I promised you, in the beginning, I would show how to start an online business for as little as the price of a cup of coffee a day.
Without any more suspense, that way is through a company called Wealthy Affiliate.
Wealthy Affiliate encompasses all that you need under one roof to start your online business and gives you the flexibility to scale it to any level of success that you want. It’s perfect for someone who does not have any experience whatsoever.
For just $1.63 a day! or $49 a month(or $359 a year), it’s certainly something that is worthwhile considering.
And let’s not forget with an online business you gain access to a greater market with around 3.4billion people which puts you in the driving seat to Greater earning potential.
Wealthy Affiliate…Cheap. But is it really worth it?
If there are already over 800 000 members who are part of this growing community, all learning, helping each other and building their OWN businesses, then it’s safe to say that there is some worth to it.
The best part is that you will be building a business around your passion or interest. It’s different and its exciting. It’s the chance that I took. Since one of my passions is helping people with health issues, I decided to build a website around a specific health related topic.
This is the website that I built, www.dealwithtinnitus.com
Here are some other facts about Wealthy Affiliate
- It’s over 12years old
- It has a reliable support team that is 24/7/365 operational
- State of the website builder called SiteRubix, platform
- Easy to follow education and training tutorials to building your business
- 2 FREE WEBSITES(for starter members)
- Help and Advice from Top Experts in the field
The best part is that you can get to try their Starter Membership which is absolutely FREE!
You get 2 FREE websites as a starter member and access to the first 10 lessons on building your online business.
The price of the premium membership is that price of a cup of coffee a day. There are No upsells, no obligations and no commitments.
How much does it cost to start an online business? Still think that I am kidding when I told you it would be cheap?
It’s only fair for me to mention that there is one MORE expense.
The other cost is Your Time.
To build such a solid and sustainable business would require your time and some hard work.
If you have read till this point, it’s plain to see that you have it in you.
Click on the banner to Sign Up for FREE!
Everyone deserves a chance to start their dream business. It does not have to come with a hefty price tag.
Look forward to hearing from you and I hope that this article has helped you today.
To your success