Business without spending money?
Building an online home business without a monetary investment?
Copyright © Craig Binkley
You see it all the time: FREE HOME BUSINESS, etc.
You see these claims in emails and on websites
all over the internet. You see them in your
local newspaper and in magazines. Are all these
ads just a bunch of lies or can you really build
a home business without a monetary investment?
I believe the answer to this depends on a couple
of different factors. One is the person trying
to build the business and another is the resources
used in the building of the business.
Let’s look at the first factor – YOU! No, I am
not picking on you. I am referring to the person
that wants to build a business without investing
any money. What type of person can do this? This
person will have to be a self-starter. There will
be no boss looking over his shoulder to make sure
he is getting the job done.
He also must be dedicated and have a strong
commitment to succeed. Trying to build a business
this way is going to take much time and patience.
There may be hours and hours of sitting in front
of your computer submitting websites or placing ads.
He must have “stickability”. He must decide what
he is going to try and stick with it. He can’t be
jumping from one “sure thing” to anther.
The second factor I want to look at is the resources
being used. Building an online business using free
resources can be a very time consuming experience.
I have read many testimonials from people that have
done it, so I know it is possible. I guess it boils
down to having the time to do all the research and
work required making a go of the free resources
available online.
The internet offers a wide variety of free resources
available to a person trying to build an online
business. From free web hosting and free html tutorials
to free affiliate programs and free advice (some good
and some bad).
Let’s take a look at a few of these free resources
and see if they really work.
1) Websites:
a) If you are going to have on online business,
you are going to need a website. Various
companies offer free web hosting. Normally
in exchange for this service, you will have
to agree to some type of advertising on your
site. Many of these sites will also have
certain restrictions of what you can and
cannot do with your site.
b) Many of these same free web-hosting companies
will also offer a website builder. These
WYSIWYG (What You See Is What You Get) editors
are easy to use but are limited in what you
can do with them. They do allow you to get a
website up and running without learning html.
c) HTML: Learning HTML at first will seem almost
impossible. What did you think the first time
you looked at the source for a webpage? My
first thought was “You’ve got to be kidding!!”
Actually, there are many sites on the internet
that offer free tutorials that are perfect for
the beginner.
d) Drawbacks: Many free websites are very plain
and to be truthful most people don’t take them
serious for a business. Look at it this way:
You are given two choices of locations to go out
for dinner. The first one is a nice but affordable
sit down restaurant while the other is a guy
cooking on a hotplate on a street corner where
the only seat is the nearest fire hydrant - which
one is going to look more professional to you?
2) Products:
a) If you are planning to sell some type of product
on your site, you are going to have to find a place
to get these products. There are a lot of companies
that will “drop ship” their products for you. It’s
really simple: You sell their product on your site,
you collect the money from your customer, you place
the order for this product from your supplier and
they package and ship the product straight to your
customer. Most of them will even show your company
name as the return address. You pay your supplier
the wholesale cost of the product sold and you keep
the difference between the retail price you charged
your customer.
b) Affiliate programs go beyond the drop ship companies.
You promote their products, the customer clicks on
your link to purchase the product and the affiliate
company will handle the payment, ship the order, and
send you a commission check.
c) Drawbacks: Making sure your supplier has the product
readily available when your customer is ready to
purchase.
3) Advertising:
a) There are tons of places online that you can place
free classified ads. Simply do a search on your
favorite search engine and you can spend days
submitting ads all over the internet for your
product or service.
b) Search engines: Getting your site listed in the
major search engines is a must. But once you get
them listed, does anyone know your are there?
When was the last time you searched through more
than a few pages of results to find what you were
looking for? Optimizing your website to get high
search engine rankings can be a VERY time
consuming affair. There are many resources
available to help but it still requires a lot
of time.
c) Traffic Exchanges: You can join one or more of
many different free traffic exchange programs.
Simply put, you click on other websites to earn
credits. When you earn credits, you site is listed
on the site and some one else will click on your
site to get their credits.
d) Drawbacks: Free advertising can and does work
but it will cost you a lot of time in the process.
In conclusion, I have to admit that yes a person can build
an online business without a monetary investment. Be
prepared to spend a considerable amount of time. Search
out many free programs and make decisions wisely. Even
though the program may not cost you money, it will cost
you time.
One thing that I do recommend is this: If you are going
to try this method, when you start to see a profit,
invest that money back into your business. At least
this way, you are not paying from out of your own pocket.
About The Author:
--------------------------------------------------
Craig Binkley owns the work from
home directory website located at:
http://www.workfromhomehelper.com
Come by and visit us today!
--------------------------------------------------
NOTE: You have full permission to reprint this
article within your website or newsletter as long
as you leave the article fully intact and include
the "About The Author" resource box. Thanks! :-)
Copyright © Craig Binkley
You see it all the time: FREE HOME BUSINESS, etc.
You see these claims in emails and on websites
all over the internet. You see them in your
local newspaper and in magazines. Are all these
ads just a bunch of lies or can you really build
a home business without a monetary investment?
I believe the answer to this depends on a couple
of different factors. One is the person trying
to build the business and another is the resources
used in the building of the business.
Let’s look at the first factor – YOU! No, I am
not picking on you. I am referring to the person
that wants to build a business without investing
any money. What type of person can do this? This
person will have to be a self-starter. There will
be no boss looking over his shoulder to make sure
he is getting the job done.
He also must be dedicated and have a strong
commitment to succeed. Trying to build a business
this way is going to take much time and patience.
There may be hours and hours of sitting in front
of your computer submitting websites or placing ads.
He must have “stickability”. He must decide what
he is going to try and stick with it. He can’t be
jumping from one “sure thing” to anther.
The second factor I want to look at is the resources
being used. Building an online business using free
resources can be a very time consuming experience.
I have read many testimonials from people that have
done it, so I know it is possible. I guess it boils
down to having the time to do all the research and
work required making a go of the free resources
available online.
The internet offers a wide variety of free resources
available to a person trying to build an online
business. From free web hosting and free html tutorials
to free affiliate programs and free advice (some good
and some bad).
Let’s take a look at a few of these free resources
and see if they really work.
1) Websites:
a) If you are going to have on online business,
you are going to need a website. Various
companies offer free web hosting. Normally
in exchange for this service, you will have
to agree to some type of advertising on your
site. Many of these sites will also have
certain restrictions of what you can and
cannot do with your site.
b) Many of these same free web-hosting companies
will also offer a website builder. These
WYSIWYG (What You See Is What You Get) editors
are easy to use but are limited in what you
can do with them. They do allow you to get a
website up and running without learning html.
c) HTML: Learning HTML at first will seem almost
impossible. What did you think the first time
you looked at the source for a webpage? My
first thought was “You’ve got to be kidding!!”
Actually, there are many sites on the internet
that offer free tutorials that are perfect for
the beginner.
d) Drawbacks: Many free websites are very plain
and to be truthful most people don’t take them
serious for a business. Look at it this way:
You are given two choices of locations to go out
for dinner. The first one is a nice but affordable
sit down restaurant while the other is a guy
cooking on a hotplate on a street corner where
the only seat is the nearest fire hydrant - which
one is going to look more professional to you?
2) Products:
a) If you are planning to sell some type of product
on your site, you are going to have to find a place
to get these products. There are a lot of companies
that will “drop ship” their products for you. It’s
really simple: You sell their product on your site,
you collect the money from your customer, you place
the order for this product from your supplier and
they package and ship the product straight to your
customer. Most of them will even show your company
name as the return address. You pay your supplier
the wholesale cost of the product sold and you keep
the difference between the retail price you charged
your customer.
b) Affiliate programs go beyond the drop ship companies.
You promote their products, the customer clicks on
your link to purchase the product and the affiliate
company will handle the payment, ship the order, and
send you a commission check.
c) Drawbacks: Making sure your supplier has the product
readily available when your customer is ready to
purchase.
3) Advertising:
a) There are tons of places online that you can place
free classified ads. Simply do a search on your
favorite search engine and you can spend days
submitting ads all over the internet for your
product or service.
b) Search engines: Getting your site listed in the
major search engines is a must. But once you get
them listed, does anyone know your are there?
When was the last time you searched through more
than a few pages of results to find what you were
looking for? Optimizing your website to get high
search engine rankings can be a VERY time
consuming affair. There are many resources
available to help but it still requires a lot
of time.
c) Traffic Exchanges: You can join one or more of
many different free traffic exchange programs.
Simply put, you click on other websites to earn
credits. When you earn credits, you site is listed
on the site and some one else will click on your
site to get their credits.
d) Drawbacks: Free advertising can and does work
but it will cost you a lot of time in the process.
In conclusion, I have to admit that yes a person can build
an online business without a monetary investment. Be
prepared to spend a considerable amount of time. Search
out many free programs and make decisions wisely. Even
though the program may not cost you money, it will cost
you time.
One thing that I do recommend is this: If you are going
to try this method, when you start to see a profit,
invest that money back into your business. At least
this way, you are not paying from out of your own pocket.
About The Author:
--------------------------------------------------
Craig Binkley owns the work from
home directory website located at:
http://www.workfromhomehelper.com
Come by and visit us today!
--------------------------------------------------
NOTE: You have full permission to reprint this
article within your website or newsletter as long
as you leave the article fully intact and include
the "About The Author" resource box. Thanks! :-)
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