How to Start an Affordable Internet Business

 

 How to Start an Affordable Internet Business


This article is going to show you how to start an internet business that won't break the bank while still producing high-quality results without spending any more than a thousand dollars and a weekend's worth of time. You don't need experience, and you don't need to be "tech savvy," either! And best of all, the methods we'll be using are completely legal. With this guide, anyone can take their idea for an internet business and make it reality for less than it would cost you at Starbucks.

There are all sorts of ways in which people might want to start an internet business that won’t break the bank. You might want to start a blog, or Facebook page, or even put up your own online store. I wanted to do something a little different, though. I’m an ambitious guy and I’m hoping to earn up to $100k this year. So, for me, the problem wasn’t just about starting an internet business but also about making it successful in the long term. To give you some perspective on what this means, let me tell you some of my numbers:

I currently make $500k per year with my online marketing business. If I were able to keep growing at that pace I would make $10k - $20k more this year than last year. If I were to scale that out over the course of a career, you can see how it can add up. For me, the question was: "How can I replicate this kind of success in my next venture?"

My next move was to try applying the same methods from online marketing to other things like real estate or physical products. I tried researching all sorts of ideas, but nothing really stuck. Then one day while I was talking with a buddy of mine about his new online business he recommended that I look into drop shipping. That was really all I had to hear.

Drop shipping is a way that businesses can sell physical products online without holding on to the inventory of the items they're selling. There are many different ways in which drop shippers do business, but at its core the concept is really simple and it doesn’t require you to spend a lot of money or time up front. That means that anyone who’s got an internet connection, an idea for something they want to sell, and a little bit of startup capital can get into the game. For someone like me who has already built and scaled an online business before, this was exactly what I was looking for.

So, here's the first thing you should do if you want to start an internet business that won't break the bank: find your product . There are a lot of ways to go about this, so let me give you a rundown of some of my personal favorites.

One option is to find some wholesale suppliers and try selling their items on your own website. This is one of the methods we’ll be using to start our drop shipping business, and it’s how I built my last online business from nothing in under 6 months. The easiest way to do this is going through an online marketplace like Alibaba or DHGate . Both sites are specifically designed for buying wholesale products at bulk prices.

Conclusion: Start with the things you are already good at.

The wholesale sites above will give you access to the products that businesses are selling, like bikes or widgets. Once you've found a product that you'd like to sell on your website, then it's time to find some suppliers who would like to sell their products through your link. The best place to start is at local wholesale markets, so we’ll be giving this method a try as well. If you want an idea of what kind of stuff wholesale markets offer check out this article on the best places for selling factory direct .

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