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How To Start Your Own Internet Business?

Updated on May 28, 2013

How to Start A Business Online

Have you ever thought that you had a great business idea, but weren't sure how to start your own business? Many people think that starting a business requires an extensive business background or a large amount of financial backing.

Thanks to the internet, starting your own business is easier than ever. Taking the time to consider a few things before starting the business will allow you to determine how much it will cost to launch the business, keep the business going, and even ensure that the business thrives.

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Business Poll

Would you like to start your own business

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How to Start Your Own Business over the Internet

Many people make the mistake of focusing on the wrong things when they attempt to start their business. When attempting to learn how to start your own business, it is essential that you focus on the cost of the business, rather than the name of the business or your potential profits.

The only way that you will be able to have any profits, is if you first launch the business properly. You need to determine what type of business you want to own and why someone would need or want to use your business. If you are offering a service, it is important to market the service as unique and essential. If you are selling physical items, it is important to determine how you can reach the most people possible to sell the products quickly and easily.

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How To Start Your Own Business Help Books

Learn How to Start Your Own Business without Spending a lot of Money

Invest the least amount of money that you possibly can when you are first starting your website. There are many free websites that you can use to create a website for your business. Do research online to determine how to set up the website properly. You do not need to hire any professionals to set up your website at first.

Next, you need to know how to start your own business marketing strategy. Facebook and Twitter will allow you to set up business sites for your business so that you can do inexpensive marketing. If you take your time and work hard, you should see that your business takes off within a short period of time.

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Determine What a Necessary Expense Is When You Learn How to Start Your Own Business

Starting a business does require some financial investment, but it is important to realize which investments are actually important and which are frivolous. If you feel that you need to get business cards made, you should take the time to look online to find a great deal on the cards. There are online companies who will allow you to design unique business cards and have them printed for just a few dollars. This will allow you to hand out cards to people when you have a conversation or to put them out at local businesses to help with the promotion of your business. This is a small investment that is necessary when you are learning how to start your own business.

You should not rent an office space right away, as this could be a huge investment that would cost you a lot of money that you more than likely cannot afford when you are first starting your business. Many people think that they need an actual brick and mortar business in order to succeed. In actuality, more items are sold over the internet than ever.

You can work from the comfort of your home, until you feel confident that your business is thriving enough to succeed in an actual office space. This will allow you to learn how to start your own business successfully without having to go into debt to do so.

After a few months, if you notice that your business is not thriving in the fashion that you would like, you will not have to worry about paying for a lease payment on a space that is not thriving. It is important to sit down and consider all of your options before investing any money in the business to be sure that you are going to make the largest profit that you can without wasting too much money in the interim.

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Business Debate

Which is better, starting a online business or brick and mortar business?

Online Business

Online Business

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    • anonymous 3 years ago

      What are good websites to start with selling online?

    • williamslaw 3 years ago

      Online is a better option.

    • fathomblueEG 3 years ago

      Online is a better option because there is not as much expense involved for one thing and you have more control over things than brick and mortar businesses who have to lease a building through someone that will charge you too much in the first place before you can even begin to open up.

    • Paul Lenton 3 years ago from El Calafate, Argentina

      An online business is miles better, if you know the ropes, which everybody has to learn from scratch. An off-line one, is easier to understand, but limits your sales in many ways. I'd go for the online head on.

    • PetSquid 4 years ago

      Online business is the way to go. Low-cost entry, no need to worry about overheads and most importantly the whole world as potential customers!

    • mcajaclyn 4 years ago

      Definitely starting your online business and there are so many opportunities out there:)

    • topbuilderlist 4 years ago

      Online business is the easiest and lesser cost on our part.

    • AngelaKane 4 years ago

      Starting an on line business is easier because of the ease and low cost.

    • amit-dey 4 years ago

      Online business is better in my view.

    • estellebelong 4 years ago

      Online business is better. Why? You don't need a big budget to start. So many things a re possible with the internet. You can create an online presence around the globe. not just in your location.

    • Vortrek Grafix 4 years ago

      online. potentially lower cost, but less personable, unless the entrepreneur can make it personal with videos, pictures, bio and interactive blogs. Search Engine Optimization and other internet signature enhancing strategies (link building etc.) are critical to success. Without them an otherwise great online concept can easily go undiscovered.

    • Fcuk Hub 4 years ago

      With online business is so much fun.

    • Rudy145 LM 4 years ago

      I have started many business online and have a lot of fun doing it.

    • anonymous 4 years ago

      I prefer online, as I create and sell my own books using online resources -it works for me.

    • fifinn 4 years ago

      I think online business is better.

    • mensusa-suits 4 years ago

      Online Business is always a better idea.. Since its cheaper and easy to purchase and deliver products at any place. There is no need for the customers to come to a store to purchase rather than simply purchase through online..

    • caretakerray lm 4 years ago

      Depends on your resources and past experience. I like the online model.

    • najoslin 4 years ago

      Personally I thin an online business is a greta way to start!

    • pinoyrecipe 4 years ago

      i'll go with online business

    • E L Seaton 4 years ago from Virginia

      Hear hear, spot on and good stuff business squid. Great information and a lot of truth was told in this lens. Thanks for sharing.

    • CornellMarCom LM 4 years ago

      Online is the most economical way to go.

    • Resident-Nerd 4 years ago

      I prefer the online business because of its low cost of entry and continued growth, this can also be a bad thing though when you consider the fact that you will ultimately have more competition due to the low barrier of entry.

    • JakeRandall 4 years ago

      Online business give your business global size potential from the very beginning.

    • hideki7771 4 years ago

      I think online is better since it can be very economical

    • The One Stop Shop 4 years ago

      I think online is a great way to cut a lot of cost.

    • pauly99 lm 4 years ago

      I would personally rather start an online business. Although you do not have the same customer contact, you can virtually run such a business just about anywhere you can find internet access.

    • am23g23 4 years ago

      Online

    • laurenrich 4 years ago

      I say online business all the way. Thanks

    • esimps 4 years ago

      starting online is so much easier and costs far less too which means that so many people can start a business for the first time

    • rayncathy 4 years ago

      Some good advice here but be carefull using free services. Sometimes it's better to pay for a good webhost and autoresponder.

    • Louidam1 LM 4 years ago

      Online business because it's faster and cheaper to get set up.

    Brick and Mortar Business

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      • Shayax 4 years ago

        Online business cos its cheaper and lets you reach out to a wide range of people with common interests.

      • boostrankseo 4 years ago

        Online is definitely cheaper and easier but having an actual location helps build customer trust and is essential in landing the big clients

      • John Magee 4 years ago from Brisbane

        Whichever makes you money. Even Brick and Mortar businesses need to be online. Face to face you can upsell a lot easier.

      • lawofficesoftware 4 years ago

        Brick and mortar in my opinion;I've done both brick and mortar and online since the 80`s:-)

      My Other Money Making Opportunities Online

      If you enjoy this article, you'll also enjoy my other articles that shows you ways to work for yourself and make money from home.

      How Did You Start Your Own Business?

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        • Cynthia Haltom profile image

          Cynthia Haltom 4 years ago from Diamondhead

          Very good advice for someone who is just starting a business on line.

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          sumitjha1 4 years ago

          Great Idea!!!

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @AngelaKane: Thanks!

        • profile image

          AngelaKane 4 years ago

          Great information, most of my customers ask about starting their own business online and this lens provides much needed details.

        • greenmind profile image

          greenmind 4 years ago

          Sweet lens. I started my tutoring business by leveraging my reputation as a teacher.

        • SimonJay profile image

          SimonJay 4 years ago

          Starting an online business these days can be really difficult but people are still managing, it can take alot of work just like any other business but the outcome can be really worth all the work you put into it actually its worth 4 times as much if successful.

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @geosum: Squidoo is a great option if you write informative articles and start getting traffic from search engines. You can make money with Amazon, eBay, Squidoo Tier payments, and your own affiliate programs.

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @bluelily lm: That's very true!

        • bluelily lm profile image

          bluelily lm 4 years ago

          Well! a good idea with proper implementation can give a enough boost to a online business. Internet based business contributes a lot to the real economy and with passage of this virtual world is gradually getting tightly integrated into our daily lives.

        • geosum profile image

          geosum 4 years ago

          Looks like Squidoo is a good option for me

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          anonymous 4 years ago

          Starting your own business seems like alot of hard work and dedication, Great lens

        • Vortrek Grafix profile image

          Vortrek Grafix 4 years ago

          video-editing, graphic art, cooking, and creative writing have always been passions of ours. This naturally transitioned into fledgling ventures on youtube, cafepress, blogdpot, squidoo, and Amazon. These are mostly still in their infancy, relative to where we would like to see them go :-)

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @earaja: Squidoo is a great start! Start building quality, useful lenses and build up a following. Then create a website or blog. Good luck!

        • earaja profile image

          earaja 4 years ago

          im starting my own internet business but progress is very slow cuz i have school to do. the first way im starting my internet business is by squidoo

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @anonymous: I haven't gotten to the step of publishing a book, but I'm really thinking about it.

        • profile image

          anonymous 4 years ago

          I started by first creating my own website, then using social networking sites Facebook and Twitter to increase awareness of my logo and brand. Then I wrote and published my first book.

        • OrganicMom247 profile image

          OrganicMom247 4 years ago

          nice idea, appreciate it much.

        • opatoday profile image

          opatoday 4 years ago

          Worked smart not hard

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @pinoyrecipe: That's great! Good luck with your online business ventures!

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @caretakerray lm: Yeah, starting a business does takes hard work and dedication. It's always a learning curve.

        • caretakerray lm profile image

          caretakerray lm 4 years ago

          Tons of hard work and skill learning!

        • profile image

          pinoyrecipe 4 years ago

          actually i haven't yet, however i'm planning to start one online

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @ItsTimeToBurn: I always been thinking about joining oDesk or eLance but since I have a full time job and also blog, I never have enough time.

        • CornellMarCom LM profile image

          CornellMarCom LM 4 years ago

          Started as a ghostwriter and then copywriter and that's where I am now.

        • ItsTimeToBurn profile image

          ItsTimeToBurn 4 years ago

          Websites like oDesk, Freelance, eLance etc all allow people to offer their skills across the world in just a few mouse clicks. Good lens!

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @CornellMarCom LM: Those are both good businesses to have.

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @Hannah Writes: Wow! You were a Pampered Chef! I bet that was a very fun business!

        • profile image

          Hannah Writes 4 years ago

          You have many wonderful resources listed. I used to own my own Pampered Chef business and I enjoyed it. I have a few ideas up my sleeve for down the road. For now, I enjoy working online for myself. Blessed.

        • Resident-Nerd profile image

          Resident-Nerd 4 years ago

          Very nice lens. Thank you

        • JakeRandall profile image

          JakeRandall 4 years ago

          I was contacted by my friend, and I am so thankful I was because it's changed my life. I'm psychologically unemployable now that I know about passive income. Love the info!

        • profile image

          Auriel 4 years ago

          Great business ideas

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @esimps: Yes it is simple to start up a online business but it does take work and time to build up traffic and customers.

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @laurenrich: I'm glad you find my Starting your own Business article helpful!

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @bushaex: Managing your budget with any type of business is the most important. I've seen a small businesses go under due to mismanagement of their expense.

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @lawofficesoftware: Wow you've had a lot of businesses!

        • Louidam1 LM profile image
          Author

          Louidam1 LM 4 years ago

          @The One Stop Shop: You're welcome!

        • The One Stop Shop profile image

          The One Stop Shop 4 years ago

          A lot of great information, thanks for sharing!

        • profile image

          lawofficesoftware 4 years ago

          Retailing initially, then construction, then law and copywriting

        • bushaex profile image

          Stephen Bush 4 years ago from Ohio

          Excellent advice about monitoring expenses in the early going. That mentality should continue as long as you choose to do this. Realistic expectations about money coming in the door are also in order. Flexibility and constant revisions will be necessary and appropriate.

        • profile image

          laurenrich 4 years ago

          This is a very informative lens. It is very helpful in starting your own business. Thanks for sharing.

        • esimps profile image

          esimps 4 years ago

          I started my own business online and so can you. It really is simple and with so many site building websites on the internet you can create your own website without to much effort. Give it a go and see what you can achieve.