Member Article

Short Cut to Financial Freedom: Opt for Online Business

Marc Ostrofsky quoted, “The Internet produces new business models and also reinvents traditional business models.“

Before a decade, people who sit at home for whole day were called ‘Unemployed’. Now, that’s a totally different case today as you can be a freelancer and earn even more than a professionally employed one. The Internet has opened the gates to everyone who knows it how to use it effectively and productively. The new economy has been created that revolutionizing everybody to start something of their own, earn, scale and leverage. We are already aware of the online giants- PayPal, Netflix, eBay, Amazon, etc., who have dramatically changed the perception of the traditional way of doing business. Other tech giants have become dominant in areas where just 5 years ago traditional brick-and-mortar businesses ruled supreme.

Bill Gates wasn’t kidding when he said,

“If your business is not on the internet, then your business will be out of business.“

Online businesses are growing exponentially because they present endless possibilities. Creating the next revolutionary online business is not easy, you must keep your eyes fixed on the. You must focus scaling your business by harnessing the power of the Internet. It is crystal clear that the speed at which E-Commerce and M-Commerce are marching, there is no way to stop that. The whole world is going online. Let’s know how online business will help you regain your long lost freedom:

1.Entrepreneurial Storm

The Internet has taken the entrepreneurial world by storm. Too many entrepreneurs begin with an idea for a product that they think people want, spending a long time to ensure the product and business are perfected for potential customers.

Working smart is as important as working hard and right. Thus, today in a matter of one day, an entrepreneur, can think of an idea, create a MVP (Minimum Viable Product), list it online globally, receive instantaneous user-feedback, modify it accordingly and repeat.

Customers are marketing geniuses. It is pretty tough to figure out exactly what they want but it’s your job to find that out.

2. It’s now or never

Stepping ahead and running away from the already designed path is risky but if you want to be unique enough, then it’ now or never. What are you waiting for? Since there will never be a perfect time to start an online business.

A minimal amount of cost to buy a domain name and host it for a year. Some miscellaneous expenses to design, build and maintain it in less than a day.

How many business websites do you need to visit before you create your own?

3. Success Formula

The formula of the most successful businesses “Success and Scalability are intertwined”. Taking your business online lets you achieve the essential ingredients necessary for your business to thrive. Some of the main ingredients among countless others, include:

• Drastic reduction in costs for all aspects of running your business.
• Cheap costs to build a world-class website.
• Robust integration capabilities with social media
• free access to user-friendly marketing platforms.
• Instant access to more than 3.2 billion potential customers
• Prompt proof of real time customer-feedback.

Establishing a scalable business online is the quickest and easiest way to for taking your business to the next level.

4. Internet Savvy

By adding a “.com” to your name, your online business wouldn’t. Though we remember the time during the dot.com bubble, it’s not the same today. However, the Internet does provide certain lifeline and shortcuts to showcase your efficiency and innovation. Virtual assistants have minimized the time commitments and at affordable prices. It also allows you to live life on your terms and focus on the things that keep you motivated. It’s like doing something that most people won’t so that you can spend the rest of your life like most people can’t.

5. AC

A website gives you the best opportunity to prove your Authenticity and Credibility. Its goal is to create their way to promote the product to everyone, not because you asked them but because they want to.

By showing your customers that you can consistently provide them value and deliver on your business’s promises, allows you to attract these zealous customers. The authenticity (genuineness) of your online business will take you on top if you are trustworthy and reliable in the service you cater. Here is the list of freelance jobs you can opt for (if you possess any of the skills related) to get the required credibility in your work.

1. Graphic Designer
2. Interpreter
3. Blogger
4. Travel Writer
5. Photographer
6. Reporter
7. Virtual Assistant
8. Copywriting
9. Employee Recruitment
10. Interior Design
11. Marketing Consultant
12. E-Commerce Store
13. SEO Specialist
14. Tax Planning

6.You are your leader

As John Maxwell said, “A leader is one who knows the way, goes the way, and shows the way.” True, isn’t it?

You know your destination, you have the strategies prepared and you know the direction. Do you still need anybody’s assistance? Of Course, then it’s just the matter of fortitude, patience and persistence. After all, you can charge any amount you want. You can’t obviously overcharge but the positive thing about it can be ‘To lure the market, you can undercharge’. This is one of the thing an independent online business has the advantage of which others don’t. Once the market is your control, you can be a paramount.

Tense-less

Stress is one of the major concerning factors in professional life, which ultimately leads to depression. In online business since no physical presence is required and all the customers want is their product/service, they won’t be bothered about your front. If you have decent command on your brain then there’s nothing which you can’t hold.

These factors are not the shortest route but significantly shorter paths to follow if you have decided to go online.

This was posted in Bdaily's Members' News section by 360 Degree Technosft .