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It might seem like a silly question but it's one that needs answering by you personally and it's best to do that from the off.
So ask yourself honestly, why do you want to start an online business? Maybe you’re sick and tired of your job. Maybe you hate your boss. For some it's the long commute to work, day after day. Maybe you don’t feel you’re appreciated at your workplace, or that you’re paid your true worth. Or maybe you just want the freedom to be able to work whenever you want and from wherever you want, so you can really create that lifestyle based business you dream of. Whatever your reasons are for reading this, understand and realise that they are YOUR personal reasons and therefore they ARE important, even if others don’t see it that way. Your personal WHY is going to be one of, if not THE most important driving factor to your success, so never lose sight of that. Now that you've established your personal reasons for doing this, lets take a moment to look at some outside driving factors as to why an online business might be exactly what you've been looking for all this time! A Global Opportunity With Unprecedented Growth An online or internet based business offers you a GLOBAL Marketplace that is ALWAYS open right at your fingertips. It’s not called the World Wide Web for nothing. Where else can you have access to that kind of opportunity??
Since its inception way back in 1989 the Internet as we know it has seen unprecedented growth, and when I say growth I’m not talking about the number of people who generally go online each day. I’m talking about the number of people who physically get connected to the internet for the very first time ever. Based on 2014 / 2015 figures approximately 10 new broadband accounts are opened and go live every single second! That's 864,000 new potential customers for online businesses EVERY, SINGLE, DAY! So it's safe to say there's an ever increasing consumer base flooding the internet daily, which for someone like you who is wanting to start an online business, that's GREAT news right?! Now we have established the opportunity that lies before you, lets look at some of the distinct differences between a traditional business and an online one... Traditional Vs Online It's safe to say that while traditional “Bricks & Mortar” businesses have their place, they're not financially viable for everyone to consider. Here's why... Finding the right premises to trade from, potential shop fitting,
stocking out with inventory, and then staffing your new venture can be extremely costly, and that's all BEFORE you've even begun to trade! Then you have the ongoing running costs including monthly rent or lease of the premises, wages, utility bills etc, etc.
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