The Top 37 Reasons You Should Start as an Online Entrepreneur.




25-Year old Engineer Reveals The ‘Explosive Reasons’

You Should Start 2012 as an Online Entrepreneur…

You’re in for a treat today.

What if you could overcome any financial problems and never worry about money ever again.  Live a life of freedom and having quality time with your loved ones. Yes it is all possible, by starting an online business. Once you are able to harness the power of the internet, nothing else can stand in your way.

I have never imagined i would become an online entrepreneur. Once i got a taste of it, i was hooked!

Now, that i’m getting steady flow of income from it, i can never imagine going back to 9-5 job ever again.

So here are my Top 10 reasons why you should start as an online entrepreneur, including 27 other fringe benefits as well.

This will no doubt be a deciding factor for you if you are still contemplating to take the first step of becoming an online entrepreneur. You can:

 

#1. Work At Home leisurely & productively.

This is one of the biggest deciding factor, if not “The Reason” why everybody wants to become an online entrepreneur. Having the freedom to work where and when you want to is a dream that can be a reality by becoming an online entrepreneur. Most people working on a 9-5 job waste lots of time on the road, especially in traffic congestion’s. In addition to wasting time, they are burning precious fuel and energy just from driving to and fro to their workplace.

 

#2. Great exposure for aspiring business start-up entrepreneurs.

Getting a job was supposedly a good way to gain experience. That was 10 years ago when the internet was still in its infancy. Nowadays, companies hire people to fill in a position in their company to do extremely well in a single role. Thus, more and more job opportunities are under utilizing the employees capabilities. Jobs today are no longer a good way to get great exposure and vantage points for preparing you to start-up a business.
Instead, starting an online business can help you even more. You get exposed to a myriad of knowledge needed to make your business sustainable because you must now fill up all the roles needed to run your business. This in turn gives you an unfair advantage and lets you see the bigger picture. It is tough learning so many things initially, but it is an integral aspect of becoming a great entrepreneur.

 

#3. Market your products/services and expertise to 2,267,233,742 internet users (as of Dec 31st 2011) and growing.

Approximately 30% of the world’s population has access to the internet. That number is growing daily with the development of wireless infrastructure and the rise of small and medium business owners. Meanwhile, more individuals are now making secondary and primary incomes using the internet. This transition has spurred the world economy to greater heights making more millionaires than ever before.

 

#4. Work in a field that you are passionate.

Starting as an online entrepreneur allows you to choose a field that you truly love. It may be cooking, photography, training dogs or even extreme sports just to name a few. No matter what field you choose, there is a market for it online, and if you realize this potential, people will go onto search engines to look for you or your services.

Why is passion so important? I can sum up by quoting Steve Jobs explanation of why passion is of utmost importance to success:

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“People say you’ve to have a lot of passion for what you’re doing, and it is totally true. And the reason is because it is so hard that if you don’t, any rational person would give up. It’s really hard and you have to do it over a sustained period of time. So, if you don’t love it, if you don’t have fun doing it, you’re going to give up.

And that what happens to most people actually. If you really look at the ones that ended up being successful in the eyes of society and the ones who didn’t, often times it is the ones who are successful love what they did, so that they could persevere when it got really tough. And the ones that didn’t love it, quit because they are sane! Who would want to put up with this stuff if you don’t love it.

So, it is a lot of hard work and it is a lot of worrying constantly. And if you don’t love it, you’re going to fail. So, you got to love it…you got to have PASSION.”

“People say you’ve to have a lot of passion for what you’re doing, and it is totally true. And the reason is because it is so hard that if you don’t, any rational person would give up. It’s really hard and you have to do it over a sustained period of time. So, if you don’t love it, if you don’t have fun doing it, you’re going to give up.

And that what happens to most people actually. If you really look at the ones that ended up being successful in the eyes of society and the ones who didn’t, often times it is the ones who are successful love what they did, so that they could persevere when it got really tough. And the ones that didn’t love it, quit because they are sane! Who would want to put up with this stuff if you don’t love it.

So, it is a lot of hard work and it is a lot of worrying constantly. And if you don’t love it, you’re going to fail. So, you got to love it…you got to have PASSION.”  — Steve Jobs

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#5. Connect and network with the experts and real multimillionaires all around the world.

“Your network determines your Net-worth”. In general, people who have a bigger income, mix with people commonly associated with the same levels of income, if not even more. Why? because the only way they could maximize profit and make future joint ventures is by associating with them.
On the internet, you will be able to connect with people who are really successful and the reason that is, is because of the transparency and enigma the internet offers that levels the whole playing field.
[box_tip]“It is who THEY know that is more important than who you know” — the 6 degrees of connection.[/box_tip]

 

#6. Work anywhere you desire with an internet connection. (My favorite: In a coffee shop, on the beach or at a ski resort)

 

The power of the internet gives you the freedom to connect wherever you are as long as there is an internet connection. When your business conduct is done online, you can virtually work anywhere you want or dream.

With just a laptop and a wireless internet connection, you can be writing a blog post or sending an email to your list even if you are sipping coffee in the French Riviera.

Most entrepreneurs online do just that and really live in the present because of what their online businesses could bring them, a steady source of income working for them 24/7 365 days a year.

So if this kind of lifestyle really suits you, having an online business is the only way you can experience this type of luxury and pleasure!

 

#7. Advertise your message, business or specialty at the lowest cost & risk possible.

Having a website is no longer just for those interested in starting an online business, nowadays it is also an integral part of advertising. For less than $90/ year you can now get a domain and hosting which will generate you more revenue at a very low cost. On the other hand, renting space on a real estate will cost you at least a few hundred to thousands of dollars a month leaving you a very low profit margin.
Therefore, starting a physical business is much more expensive and risky as compared to starting out first as an online entrepreneur, gain the needed experience and knowledge before diving in into a more tangible business model.
[box_tip]“Each step in the journey of an entrepreneur is a stepping stone and none is better than taking that first step as an online entrepreneur.” — Winson Ng[/box_tip]

 

#8. Learn from the Best and those who have succeeded. (Things that you will never learn in a JOB because your BOSS don’t require you to know what makes him more money than you)

Investing in your own growth online is part and parcel of the journey as an entrepreneur. When you delve in the online business world, you will get exposed to seminars and workshops that can help you learn, motivate and network. This is important as you get your best ideas when talking and meeting people who are already in the business.

It actually happened to me, when i was working in a job, i did not hear about any of these seminars (Robert Kiyosaki, Richard Branson, Anthony Robbins, Sir Lord Alan Sugar and many more). Until i started reading and exposing myself to all the online information out there because i was constantly learning to build my business, that i eventually found out about specific seminars hosted by these great speakers and authors.

 

#9. How much work you put in, it’s all yours…! Credit goes to you.

There is no limit to what you can accomplish as an entrepreneur. The only limit is what you set for yourself. In many cases, working in a job earns you very little appreciation from your employers because of politics and competition.

#10. Be the first to know and capitalize on the latest trends.

When you are in the front line of marketing online, you will be the first to know the latest trends and news revolving around your industry. This may the the latest Social media platform, cutting edge software, newest super-affiliate or even a new technology emerging.

When you are at the forefront of your industry online, you have the chance to capitalize on all the emerging trends and technology whereas your competition who only relies on traditional marketing losing his/her edge.

 

The Fringe benefits…. 

 

#11. You can advertise effectively where you market is hanging out.

Advertising is an integral part of a business. In fact, it is what brings in the life blood for the business to survive, that is leads and cash flow. Conventional advertising mediums; such as TV, radio or the newspaper, can be pretty expensive. Not only that, the responses in various studies have proven that there is a decrease in conversions and response on these conventional mediums.

So where are the people hanging out? Where else…

 

#12. You can learn from the biggest mistakes that businesses make and avoid them.

One of the best ways of learning and in the end succeeding is to fail or make many mistakes in the beginning. If you are a true believer of how success is achieved, it is through the mistakes we make throughout the journey to our destination. However, if you start an online business, you will get to hear from the horses mouth, of what mistakes you should avoid, thus shortening your learning curve tremendously.

The process of starting an online business will no doubt be a great exposure for all aspiring entrepreneurs out there…

 

#13. Your visitors WILL find you if you are the best, no matter which country you are in.

What you do best, your strengths, expertise and service can spread at lightning speed when you have an online business. When people talk good or even bad about you, it spreads pretty quickly because of how fast people can share their experience on social networks. So as long as your objective is to bring value to people’s lives, you are off to a great start.

As your online business grows, people will start recommending you for something good that you do. It may be result oriented, or the quality of your content or even the quality of delivery in which you are providing. All this results in social proof that can have a rippling effect if you do it the right way in your online business.

 

#14. Word of mouth spreads even faster online. If you rely on this aspect, you need to have an online presence.

Like I said, social media is the best thing that has ever happened for online entrepreneurs…. It gives them the unfair advantage. This proves to be useful for network marketers or any kind of sales agent that requires word of mouth recommendation.

[box_alert]Social media is not an add-on to the Web, it is fast BECOMING the Web. —  Nick Usborne[/box_alert]

 

#15. Your offline business, if you already have one, can skyrocket with your online presence.

If you already have a physical business, starting online could potentially expose your offline business and beat the crap out of your next door competitor. :) And they don’t even know why…

 

#16. Marketing on the Best channels where millions of people are hanging out at any given moment.

The Marketing paradigm of the 21st century is to go where the millions are hanging out. Advertising on social networking platforms such as Facebook, Twitter, Google plus, Pinterest and Instagram is a whole new field of marketing. The plus points is that it is Free, the market is enormous, and there is an infinite amount of “virality” in the content that users share on these platforms.

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Facebook stats:

  • 901 million monthly active users at the end of March 2012.
  • Approximately 80% of our monthly active users are outside the U.S. and Canada.
  • 526 million daily active users on average in March 2012.
  • 488 million monthly active users who used Facebook mobile products in March 2012, and more than 500 million mobile monthly active users as of April 20, 2012.
  • During March 2012, on average 398 million users were active with Facebook on at least six out of the last seven days.

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#17. Easily track your online business metrics (Stats Don’t lie!)

The tech part of having an online business is this…. having software and services that can track your growth and ROI.

 

#18. It builds you a global network which open tons of possibilities for your business.

Similar to #5, but on a wider scale… entrepreneurs online get a hang at meeting new people. They get a sense of possibilities, what each person could bring (opportunities of Joint ventures, potential customer or opening a door to the next big thing.)

 

#19. Learn how to outsource & create partnership to grow your business even further.

Part of becoming an online entrepreneur is learning how to outsource your work to increase the productivity of your business. Marcus Buckingham is 100% correct when he says great entrepreneurs are not jacks-of-all-trades, instead they  focus on their strengths. This was part of Microsoft’s plan also when they learnt to partner with great businesses that complemented theirs.

[box_tip]“Do what you do Best, and Outsource the rest…” —Dick Benson, a top direct marketing consultant.[/box_tip]

 

#20. Your Social Networking activities can turn into an effective branding mechanism.

The best part of starting an online business. Your social habits can potentially bring in a long term benefit for your business. Instead of being a waste of time, rambling about what you ate, or what you were going to do; social interaction on a business perspective is also a vital aspect of modelling a successful business.

 

#21. You can do it part time even with your day job until you start earning serious money.

Yeah, i love this one. If you are not sure about starting a physical business, starting online has all the fringe benefits of letting you have a go at it, while you work in your day job. If it is online, it is flexible….and you could reach out to customers on different time zones.

 

#22. It teaches you how to become self discipline, because you are now the boss.

Why i say so, is due to the fact that it is in our nature to become lazy sometimes. But by becoming your own boss, you will now have the obligation to work and produce results. At the end of the day, you still have to pay the mortgage or the utility bills even if your business isn’t working out.

You must realize that your business now determines that fate of your future, and that it all comes down to how successful your business will be in the long run. More than half of your life will be spent working on your business, so now you have no choice but to make this work!

 

#23. You can sleep soundly at night knowing that you business continues to run 24/7 and 365 days a year.

After setting up the website, it continues to run 24/7 and 365 days a year to help you generate more leads and convert the visitors into sales.  It is satisfying to feel that you have a shop opened 24 hours a day, 7 days a week without needing you to mend the shop. However, for this to happen, you have to have a complete sales funnel setup.

 

#24. It is extremely gratifying to see that your effort pays off in the form of commissions sent to your email.

Waking up in the morning has never been so gratifying till you experience the joy of receiving emails for commissions you have made during your sleep.

 

#25. You can outsource things that you are not good at for as low as $5.00 thus increasing your productivity.

Similar to number 19 but this is specifically more detailed. Here, you can outsource all sorts of things which people will do for just $5.00 at fiverr.com

You cannot imagine the myriad of stuff that people would accomplish for you until you check out the site. Also it is a great place to start if you are skeptical about outsourcing, because most people are.

 

#26. It is one of the easiest way to earn a passive residual income working as little as only 4 Hours a week. 4 hour work week 198x300 The Top 30 Reasons to Be an Online Entrepreneur

This is the Golden objective that can be achieved with an online business. Tim Ferris the author of the book sells the idea of having a 4-hour work week by mastering the aspects of outsourcing, delegating and drop-shipping. He starts getting your attention by pointing out that the “Opportunity cost” in everyone’s lives is so neglected that we often perceive that our time isn’t worth much.

Of course, i’d be lying if i told you that you could immediately live off your income from your online business if you’d just work for 4-hours a week initially.  To achieve building a business that can sustain without you is a lot of hard work in the beginning, but it is possible with an online business.

 

#27. You can be a celebrity in your business if you are really good in what you do.

We are now talking about the “You Inc.” economy where the rise of the micro-celebs begin to take shape on social networks and on video sharing platforms like You Tube.  It is now possible to become a celebrity in something you are great at.

Some videos created by teenage bands got overnight success just because it was shared millions of times on You Tube. Others focus on creating videos that teaches a certain subject and begin to attract more fans or followers. It is no longer the case for only well-connected people to become celebs.

Shows like “Britain’s Got Talent” made ordinary people like Susan Boyle become very famous because of the sheer number of viewers who watched her performance on You Tube and shared it. This becomes an even bigger picture when you factor in the Internet TV trend… just think about it!  People would be sharing your video and watching it on TV!!!

 

#28. Your business can run without you.

Already Explained under the outsourcing aspect…

 

#29. There is no limit to what you can achieve online.

There is a limit actually, it is what you impose on yourself that becomes your limit. Having your very own online business allows you to achieve wealth and freedom beyond your wildest dreams because there is an unlimited growth potential. If you are really really good in something, it does not get a shut eye, instead it becomes the selling point for making more money than your competitor.

 

#30. The growth of your business can easily multiply exponentially without the risk of opening a physical shop.

Similar to the above. This implies more on the number of websites you can own on the internet. Opening a physical shop is not easy because of two main things; capital and laying the groundwork. Therefore, the growth depends largely on how much money you can invest. Buying domain names and hosting on the other hand is so cheap that you can afford buying a virtual shop (website) with just $10.00

 

#30. No one to put you down and limit your potential.

You are the boss, and therefore, only you can set the standard. Nothing else matters!

 

#31. No more under utilizing your capabilities and strengths.

When you are the boss, it is time to unleash your full potential…. no more mister nice guy! ;)

 

#32. Dare to make mistakes and grow, rather than being afraid to make a move you think is right.

Afraid of making mistakes can deter your learning process. The faster you surface the assumptions that you have on making a decision for your business, the better you are at accomplishing more and achieving more than your rivals.

You no longer have a boss that can breath down your neck and warn you of making mistakes that cost the company money. So when you have no one to report to, you tend to take the first step that comes to your mind and test whether it works.

 

#33. You can begin a new sphere of influence with like minded people.

The great surrounding you will have when you start associating with people online who has a common goal or objective. These are like minded people who think like you and acts like you, that’s why they are marketing online.

 

#34. You can leave a Great legacy long after you are not around.

The idea of a business is to create a name that would last long after you are gone. This is the only way you can be remembered for if you achieved the dream of building a world renowned business around your name.

 

#35. You can travel the world without any worry about your Job pileup.

Yes another great benefit which you can add up to your list. Most employees worry about having more to do when they get back to work, so some of them would just skip their vacations. That is NOT a healthy lifestyle yet many often do.

 

#36. You get exposed to great seminars occurring all around the world related to growing your business even further.

After starting an online business, you would soon find out about the various seminars attended by entrepreneurs, speakers and trainers who travel the globe giving talks in every major city. This is one of the ideals of being successful in what you do in your online business, the privilege of sharing the stage with famous celebrities in various industries.

 

#37. You don’t get FIRED when something goes wrong.

Last but not least, you don’t get a letter with the “F” word when you do something wrong and when the fingers are pointing to you.

 

What is your Story?

Hope you found some of these reasons to be your cause for starting your online business. If you have already started, kudos to you and put forth some of this reasons as your continuous driving force of making a passive residual income from your online business.

So do you have your personal reason for deciding to start an online business? What is your story? Share it in the comment section below …..

 

 

 

IMAGES COURTESY OF:

http://www.flickr.com/photos/netphotography/

http://www.flickr.com/photos/23965310@N07/

 

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