Portability - Benefits of Owning Your Own Digital Business

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In this chapter we're going to discuss about the portability in other words some key benefits to owning your own digital business. First of all I have to understand that the Internet has changed everything because the Internet.

Right now as we get started on this journey think about what you want to do; you want to travel or live in another country. Do you want to buy a new car or pay off some loans maybe buy a new house even May be you wish you could give back more to the community.

Obviously you need money to do this and there's no better way to make money than by creating your own business. This means solving a real problem or perceived problem that people are willing to pay you for. In many cases a service based business is usually the easiest to create.

You see a need and you fill it. So like I said the Internet has changed everything. And this goes for businesses to every business owner out there knows they need to be on line to survive. But most of them don't have the time or they know how or both to make an effective online marketing campaign actually work for them.

And that's where you come in creating your own online marketing business is one of the fastest most profitable businesses that I know of to get going quickly. Here's a fun little fact. There are literally millions of business owners who need to get the word out about their business online. You only have to tap into a tiny portion of that to have a great business with a very comfortable income.

So just take my word for it there's gold out there. Your job now is to of book go through this chapter or go through this book. But once you get going and tap into that source of income that is out there waiting you will need the right tools and that of book is what this book is about.

I want to show you how you can be profitable from the start. And then you can get started with less than $300. You don't need a ton of money to make money you just don't. The only in this business at least you only need around two to three hundred dollars to get started.

The initial investment can easily turn into 500 dollars or a thousand dollars or twenty five hundred dollars or more of revenue in your very first month maybe even your first deal. This is truly a business that you can start on this on a shoestring budget. You don't need any investors you don't need any partners you just need to save up your lunch money for a couple of weeks or skip the Starbucks in the morning and you can get started.

So you know let me break it down for you I'm going to show you exactly what I'm discussing about. Here's what you need to get started at logo. That'll cost you around 15 to $30 and I'll show you again in this book how to do this. You need a domain that costs about a dollar.

With a coupon you can always find coupons on line. Any time you're buying something online. Look for a coupon Holstein. Same thing about four bucks a month. And that of book with the coupon business web site template is going to cost you anywhere from free but good ones cost anywhere from $20 up to $50 $70 if you're really looking for some great functionality but for $45.

You can get a great business template. Business cards. I'll discuss about business cards. The only thing that you should buy that is a physical thing for your business. I'll discuss about that later on. But you can get started with this small batch of business cards for 20 bucks.

And then your business entity that they're creating a legal fully functioning business depends on the state. But it's going to cost you anywhere. Well starting at ninety nine dollars plus whatever your state charges you to create a business. So in the following sections I'll show you how to do all of the above that I just rattled off and set up your business for cheap.

In fact cheaper than a pair of designer jeans and you will have a business that's going to turn around and give you a great income. One thing to think about there are some corners that you can cut if you really want to if you're really scraping them. But keep in mind that you're starting a real business here. You could grow this into something big and even sell some day.

It's better to invest. Well right now at the beginning and have a solid foundation. It's your business take it seriously. I want to also rattle off some key benefits that come in handy when thinking about this kind of business. First of all extremely low overhead. You will have very few expenses on a monthly basis on the high end.

You can be spending around five hundred twenty five hundred dollars a month for everything. And this includes your team the people that will be working for you. So imagine spending twenty five hundred dollars a month and getting say $15000 or him a month or more in return.

Extremely low overhead is a great thing. Obviously also if you're working from home or working from just a small rented office your overhead is a lot lower than a traditional business as well. This relates to having a large profit margin because you will be naming your price for your services.

The profit margin is up to you. It'll break down to the amount of value that you supply for your clients potential there is huge potential in this business. How large you grow your business is up to you. Maybe you're just looking to make an extra $50000 a year or maybe you want something more maybe you want something big.

Either way there is no lack of business out there or you could scale this as big as you want. Being able to work where ever there is an Internet really allows for a ridiculous amount of freedom. You could even decide to go mobile and travel while you're growing your business or live in another country.

Online Marketing gives you a great amount of leeway. All of your marketing activities are established by you and your clients so much of the work you do or have done. I should say can be scheduled out days or even weeks ahead of time. You could even take off for a few weeks at a time and not miss a beat. I know because I do it myself so that is it. I want to wrap up this chapter. That is it for now. 

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