Sunday, October 26, 2008

Running An Internet Business Does Take Time And Money

Business, Business Opportunities.

Should you start an internet business? (take this quiz) - we' ve all dreamed of working from home harnessing the power of the internet, haven' t we? Or the one where you get to sleep in if you feel like it or meet a friend for coffee in the middle of the day. You know, the dream where you get to spend lots of time with the kids at the beach.


Well, should you do it? - take this quick quiz to see whether starting an internet business could work for you. Should you take the plunge? I expect that starting up my own internet business. will cost me: a) Nothing. b) Between$ 100 and$ 500 per month. c) Over$ 500 per month, it' s very expensive to start up. I believe that setting up an internet business is: a) Easy, any fool could do it. b) Requires learning some new skills. c) Impossibly difficult, you have to be a technological guru. I expect that every day I will work on my new business for approximately: a) 0 hours, after I' ve set it up, it should run itself. b) 1 to 8 hours. c) every waking minute.


How long do you think it will take to be showing a profit: a) within an hour. b) 1 to 3 months. c) 12 months or more. - advertising my internet business in some form is: a) not necessary. b) essential, but relatively inexpensive. c) essential and very costly. I believe that running an internet business is: a) nothing like running a business in the" real" world. b) has many similarities to running an offline business. c) is much harder than running a business in the offline world. Bookwork and time management are not my strong suit but I know: a) that I won' t need to do either. b) a certain amount of both is necessary to know where you are in any business. c) something I will end up spending many hours on every week. If you got mostly a) answers then you have unrealistic expectations of what running an internet business will be like. So how did you go?


Don' t think about starting up until you' ve done a bit more research and have a better idea of what' s involved, otherwise you' ll just be wasting your money. - you need a certain amount of optimism and faith to start any enterprise and frankly you' re just too negative at this point in your life. If most of your answers were c) 's then you' re probably not the type of person who should try running a business of any kind, internet or other. If you got mostly b) answers then you have a good idea of what you' re getting into and now is the time to do it! The good news is it takes considerably less time and money than running most traditional businesses. Running an internet business does take time and money. Let' s face it.


There' s rent, licences, vehicle expenses, staff wages, advertising and more. - overheads in the offline world are high. Once you have a computer, your online expenses are quite low, but you will need to spend some money on advertising, on your ISP costs and possibly on other monthly fees. There is a lot to learn when you first start but fortunately there are lots of places to go for information and you never have to become some kind of super computer wizard if you don' t want to. You will need to learn new skills. So, should you or shouldn' t you? It' s your decision!

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