9 Myths about Starting an Online Business

Are you sick and tired of your job? Are you tired of getting up early everyday for work? Are you tired of working for people? How about starting your own online business?

I am about to expose the myths about starting an online business:

1.  Do I need a huge capital to start an online business?

no-huge-capitalIt depends on what kind of online business you are talking about. The online business I am referring to is Affiliate Marketing business.

Basically, Affiliate Marketing business do not require a huge capital to start. In fact, you do not even need $1,000 to start. it is the cheapest way to start an online business.

All you need is a website to start rolling and the cost of it is only $10 per year. You can start by doing a Domain Name Check. To learn more about setting up a website and how to start an online business for free click here.

2.  Do I need experience to start an online business?

no-experienceThere are several types of online business that requires experience, e.g. free-lance photography, free-lance web programmer, etc.

While there are some online business that do not require experience like affiliate marketing, article writing, selling products online, etc.

3.  Do I need my own product?

no-productThe great thing about Affiliate Marketing Business is that you do not need your own product. You do not even need to worry about processing the order and shipping the products to your customers.

All you need to do is to create a website to promote other company’s products and you will get a commission for each sale. v

Here is a step-by-step guide for building an Affiliate Marketing Business.

4.  Can I really make enough money online so that I can quit my job?

hardwork-guidanceDefinitely you can but it depends on how much effort you put in and whether you are doing things correctly.

I have seen many people out there who are really hard working and do not mind spending hours to build their business, however, due to lack of education and guidance, they did not get enough traffic or viewers to their website and hence did not make much or any money.

If you are not doing the things correctly and do not have enough guidance or education, you will never succeed not matter how hard you try.

So it is really important to start your online business on the right path. Get the right education and guidance you need and start your way to a successful journey.

Hmm, so where do I get relevant education and guidance for FREE? You can start right here.

5.  How much time and effort do I need to put in?

Money do not drop from the sky! Like any other business, it takes a lot of hard work and effort to achieve success.

As a newbie, you have plenty to educate yourself on how to build a successful business. There are tonnes of modules you have to learn. From creating a website to generating traffic to converting traffic to money. It may seem difficult but actual fact it is not.

6.  Are there any step-by-step course I can take to start an online business?

best-affiliate-courseYes. There’s tonnes of it online. But beware of scams, there are many scams out there which are targeting people who wants to work from home. There are so many programs and products out there that wants to teach you how to make money online, but most of them fail to deliver.

Some scams even promises you that with little to no effort, you can start to make tonnes of money, the only thing you need to do is to join them and pay a premium.

These kind of scams is appealing to most people, sad to say I was one of the victims of these scams, but it is the worst kind. So stay away from these scams.

So which is the correct program or product for you to join to learn more about affiliate marketing.

I have scoured through the internet and found the best learning platform you can get a kick start on.

7.  Does it take long for me to actually make money and work from home?

PatienceThis is really subjective. I have seen some people actually start making money in their first week of their business and some people took months or years to see some result.

Like all other businesses, it depends on your unique selling point and the amount of visitors that were visiting your store.

In the online world, traffic defines your potential of profitability. If you are able to create a website that generate tonnes of traffic, there is a high possibility that you will be successful.

8.  Can I start an online business to work from home part-time?

Definitely. The great thing about starting an online business is that you do not need to quit your day job. You can attend to your online business whenever you are free.

Please take my advice not to quit your day job till you make a significant amount online, especially if you have a family to feed.

While it is a great idea to start an online business, it should not be the reason for you to neglect your family’s welfare. Especially when you are a total newbie in the online business world, it will take you some time for you to truly make some money.

9.  What is the best online business to start?

wealthy-affiliate-startnowWhile I can’t say that there is a best type of online business because any type of online business that makes sustainable  recurring money for you is consider a good business.

I can tell you that starting an online affiliate marketing business is the easiest and the least expensive to start. Online affiliate marketing is the most suitable online business for newbies.

One Comment

  1. I’m trying to make money

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