LESSON #3: Is an online business right for me?
In this lesson Eric is going to tell you that NOT ANYONE can successfully run an online business.
The fact is that it takes hard work to build a business, and there are certain abilities that will greatly increase your chances of success.
Main points:
The startup COST for an online business is a huge variable, ranging from zero to millions. The good news is that it can be very cheap: less than $100
The more TIME you can devote to it the better, but don’t let a lack of time stop you. If you can only devote a small amount of time at first, that’s OK.
Stop buying stuff! You don’t need it. (unless you really know what you’re doing)
Stay out of debt! It’s not necessary to use debt to start this kind of business.
You need to be willing to be a marketer. If you don’t have any marketing experience, then at least:
a) you must be OK with marketing
b) you’ll need to learn it along the way
Same thing for technical aptitude. You DON’T need to be a computer expert, but you must be comfortable with computers and willing to learn.
LESSON #3: Is an online business right for me?
This entry was posted
on Tuesday, June 24th, 2008 at 11:07 pm and is filed under Video.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
