Other than the fact that it’s 2016 and we are living in the most digitally connected age in human history, there are 4 major ways why an online business will completely change your life…TODAY!
Entrepreneurs are a unique breed who are consistently looking for and creating change in the way we live our lives.
With every new platform comes an entirely new world of opportunity. The computer allowed for faster computing and automating processing. The internet created a place for sharing ideas and messages globally and within minutes. Applications have empowered creators to build their ideas into fruition (which there is now an app for). And Facebook opened up a new world of connecting people and targeted advertising campaigns.
If you are an entrepreneur, an employee or simply someone that is looking for a new adventure, here are 4 major ways your entire life is going to change and why you need to pour a glass of water, pull out your laptop, and begin building your online business.
1. Freedom to work from anywhere.
Let’s talk first about the coveted “millionaire internet entrepreneur” lifestyle.
While it is easy to get consumed by the flash, bling and bang of those handful of internet entrepreneur rockstars that CRUSH it, we often don’t see the story behind the glory. These experts, while paving the way for the masses of future online business owners, pour their heart out mastering their craft for years and years before reaching the top.
The breakthroughs these pioneers experience, now allow for the common man, with some inspiration, valuable content and a laptop, to hop online and create a business from scratch in 48 hours or less.
The dream of living that plane, train and automobile lifestyle of traveling the world and living large may not be a day away but it certainly is an idea away. There isn’t much quite like the ability to turn an idea into an automated, money-making machine from the comfort of your backyard hammock.
The good thing about building an online business, is that while you may grow into a 7, 8 or even 9-figure business at some point, technology allows for you to run it from anywhere in the world. You never again have to sacrifice a precious moment with your family.
Let’s be honest, the other reason you entered into the unchartered waters of entrepreneurship is because you wanted to fire your boss. I can say with certainty that is what did it for me.
Working long hours, being told what to do and even worse, how to do it, just to get slim pickings of an already thin pie, is not what most people’s “dream life” consists of.
Humans are social and creative beings, we are meant to explore, experience and exchange with others. The vast world of owning an online business allows for just that.
If this resonates with you at all, read further. Just be prepared to earn your stripes as you go along the entrepreneurial path and don’t you EVER forget the reason why you got started.
2. You gain access to a global market.
Never before in the history of mankind has it been easier to connect and do business with people all over the world through the click of a button, (or blink of an eye for all you Android users out there). I think this section is rather self-explanatory but I’ll go ahead and dive deeper for the newbies.
With the tools to leverage like Google, Facebook and ClickFunnels (if you are not familiar with at least the first two, an online business probably isn’t for you), starting a business, driving traffic to your site, capturing leads and converting sales has never been a more streamlined process (so long as you have a funnel).
These types of platforms allow us to zero-in on who our perfect avatar is, how to speak their language and even more importantly, where to find them on the world wide web.
The days of billboards, radio ads and postcard promotions are long behind us. People aren’t looking at your billboards on the highway anymore, they aren’t even looking the damn road! Studies show that 3 out of 5 drivers in the United States text and drive (don’t quote me on that and please stop texting and driving!). Also, please stop spending money on old, mainstream methods of advertising too, thanks.
Just few years ago, a handful of big-box retailers owned the shopping marketplace. Now, because of what online businesses allow for, those stores are dropping like flies while companies like Amazon, eBay and Alibaba are skyrocketing.
The shift in the consumer’s mind to shop online more effectively, conveniently and often cheaper, has created a huge opportunity for internet entrepreneurs to capitalize on.
Anyway, as you begin your online business venture, be sure to build local and within your own community at first, but always think global!
3. Low overhead and high margins.
About 10 years ago, most small-business owners never saw the benefits of having their own website. Obviously they didn’t have the foresight for what the internet was doing to people’s buying habits, which is a whole other story we can explore over coffee if you ever make it out to Orange County, California.
Websites were expensive, inefficient and consumers hadn’t truly opened their hearts and minds to buying online yet.
If you ask those same small-business owners today if they think a website is useful, I bet 9 out of 10 will tell you they don’t know what they would do without a website.
I can at least say for myself that if I look up a business on Yelp or Google and they don’t have a website, I don’t trust them and probably am not giving them my business.
Starting an online business today can be so inexpensive, literally costing you only a few hundred dollars. With all of the tools I discussed earlier, you no longer have to invest big bucks to create an operational, automated, scalable sales funnel.
At D4Y Brand Builder, and in many of our client’s companies, we use ClickFunnels to create straight forward, functional sales funnels. But definitely don’t take my word for it that it’s simple. You can grab a free month and check it out yourself here.
One of the greatest advantages to having an online business is that you can leverage your time by using these kinds of simple, inexpensive applications.
Creating a product or e-course that can be sold online, allows you to tap into the world of doing business 24/7. You can be sleeping in Boston when a customer in China comes to your website and purchases a digital training course for $2000. BAM!
Making money in your sleep is the ultimate state of leverage!
4. Scalability
While high margins can be hard to come by in brick and mortar stores, an online business can create that scalable, recurring revenue you’ve always desired.
It doesn’t cost you much at all to create a good product that people want. It won’t cost you much to market it either, as we covered before. However, the return on your investment in creating something that will outlive you is immeasurable!
Another reason to think BIG when building your online business is the opportunity for unlimited income, meaning you won’t ever trade time for money again…music to an entrepreneur’s ears. You unequivocally will have to put in tons of hours and effort to create a legacy brand and product, but that should come from inspiration not desperation.
Finally, the best way to scale is to have a brand or product that goes viral. Do your research, create a product people want and need already, be creative in your delivery and let the cyber world take your business to new heights.
As you can see, you can start your online business with very little and for very little. Now is the time to cash in on that big idea you’ve always dreamed of bringing to life. Just be sure to have fun and do good for the world along the way.
Elan
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