Do You Really Have To Spend Money To Make Money Online? The Truth About A Successful Online Business

The beauty about creating an online business is that you can get started with a very low budget or no budget at all. So there and then the answer to the question: do you have to spend money to make money online is NO. However, if you don’t have any start up cash you with have to spend a lot of time to get your business off the ground. Below I am going to share with you how you can start from scratch and generate some seed money that you can then invest to create a successful online business for yourself.

How To Generate Seed Money

I call this start up capital seed money because this money will not be for your personal use but rather to invest/sow into your online business so that you can reap a more profitable reward later on. The fact is, you want to run a successful online business but you don’t have any money to invest. So you need to get this money from somewhere.

To earn some seed money I recommend you do some freelancing jobs. Things you can do include: writing content, graphic designing, coding, customer service, data entry, voice overs or videos. You can sign up to websites such as iwriter.com, rentacoder.com, fiverr.com, odesk.com and elance.com for free and bid on jobs. In the initial stages you may need to offer a few free service to get some reviews on your work. Once you have some great reviews, you’ll get a whole lot more jobs which will allow you to grow your seed money.

Investing Your Seed Money To Grow A Successful Online Business

Once you have some seed money you can start running a business in which you no longer have to offer up time for money. Doing freelance job can pay good money but its pretty much the same as an offline job where you get paid whenever you work. Even worse, you have to be meeting strict deadlines or else you’ll have some unhappy customers that will leave some negative reviews on your services.

So investing your seed money to create a more hands free and automated business is paramount. First off you’ll need to choose a market to get into. You can do the research yourself or you can pay someone to do it from your seed money. When you find a profit a huge profit potential your next investment will be a domain name and hosting.

If you are new to marketing then you can also outsource the creation of your website and your sales funnel as well. Once all of that is in place, you can start driving traffic to your funnel and test and tweak as you go along. That’s how you create a successful internet marketing business from scratch even if you have no money to start with.

Earn An Online Business Degree

Getting an online business degree has become a popular option especially in the past few years and there are a lot of schools competing for students. With the realization of international trade and the globalization of many markets, the need for skilled business school graduates is ever increasing. Online business degree programs recognize that need and cater to students who might already possess a modicum of business experience.

Online Business Degree – Where To Start

An Associates Degree in Business is really a starting place to lay the foundational education of a business degree and essentially concentrates learning on a very basic skill set. Basic courses in business administration, economics, business management, marketing, accounting, and business law set the course for further study or provide a basic knowledge of business.

A Bachelors Degree in Business offers the ability to focus on particular areas of interest such as finance, management, human resources, or marketing and might include advanced study in certain areas like accounting, economics, and business law. A student with an interest in business law could pursue a law degree following the completion of a Bachelors in Business Degree.

A Masters Degree in Business allows even more specialization and expectation that students can their growing expertise to everyday business situations. Marketing, finance, management, economics and more are available Masters Degree specialties depending upon the college. Graduate requirements for online degrees are often a bit different than traditional college degree programs and also vary greatly from school to school.

Why Choose An Online Business Degree Program?

Online business degree programs have become popular choices for prospective students due to the flexibility and accommodation that these programs provide. Many students who are currently employed find it nearly impossible to undertake a traditional degree program without leaving their job or moving to a college community that offers a degree program in their field of interest. Some prospective students are tied to family or other obligations that preclude relocation or might just be isolated geographically and unable to relocate for whatever reason. Online College Degrees are the answer to many of these situations and can provide a reasonably similar educational experience.

The main types of online education offered by colleges and universities falls into one of two categories, Synchronous and Asynchronous. Synchronous classes can be considered a hybrid of traditional classes and remote connection wherein the online students are connected with the classroom and must be present at the same time and day as the actual on-campus class. The online students therefore receive the lectures and discussion at the same time. Asynchronous, on the other hand, allows students to review lecture material and complete coursework on their own schedule. Classroom discussion might take place in a forum or via a bulletin board and while there are of course deadlines and due dates, how the students decide to attend class and complete assignments is primarily up to them. This type of class does require students that are self-motivated and organized so it’s not for everybody.

Earning an Online Business Degree can be a huge factor in career advancement and income potential and the ability to earn the degree online makes them very attractive in the eyes of potential students.

Home Based Business Opportunities Abound On The Internet

Looking for a home business opportunity on the internet these days is a pretty involved process. That is, if you don’t know how to eliminate 90% of the junk that’s out there and pick among the home business opportunities that actually have merit and track records.

What works?

Information sales, auctions, hard goods that can be shipped, books, reports, network marketing, you name it!

There are just certain types of home business opportunities that you want to stay away from. Those are things where someone you don’t know from Adam is making guarantees that are way too good to be true. Anyone who makes it sound like money is dripping from the internet for you to simply catch in a bucket is a liar and a thief.

You will never have success with home business opportunities that promise you that you will never have to work, or make things sound too easy. Take it from a professional, working online or offline with a home business opportunity is work.

But home business opportunities have perks that are better than any job you could ever imagine.

You work for yourself and answer to no one but your customers You can make as much or as little as you want You can work as much or as little as you want You can take time off whenever you want You can make your schedule totally flexible You can work on the internet and work from anywhere in the world You can save money on clothes you had to buy for jobs You can save money on gas, car maintenance and insurance You can get great tax breaks owning your own business Travel and other expenses can be tax deductible

The list of great things I can think of about a home business goes on and on. Here are some of the things that can be a drain on you with a home business opportunity:

You can’t leave your business at certain critical times of growth Your family will sometimes become a distraction when you are working at home Your bed is in the same place as your work There’s no boss to keep you honest about your hours There’s no boss to keep you on your focus to complete critical tasks No one will do the work for you Customers can be a pain sometimes The money in the beginning can come in sporadically (people who cannot handle any kind of financial stress should definitely keep their jobs until their home business opportunity starts paying the bills regularly).

No pain no gain. No risk, no profit. No investment, no return. A home business opportunity is like any other business. Don’t let anyone tell you differently!

But for those of us that thrive on making our own way in the world, who love that there is no limit to what we can make, and no one but our spouses to tell us what to do, there is nothing under the sun better than a home business!