Why Start Your Own Online Business Now? Starting an online business is one of the smartest moves you can make to invest in your future. Now more than ever, people are putting their ideas into practice and becoming first time entrepreneurs.
Beginning a new business owner in today’s world is much easier than it was even ten years. Booming online businesses make up a huge percent of products sold. It’s evident that e-commerce is here to stay.
Who needs to start an online business? You do
Feeling down and out, stuck? It has been so hard not being able to go work your 9-5. Waiting on the phone forever to apply for unemployment benefits. And if you do get any stimulus money from the government, that is not going to last.
Why an Online Business? Low startup costs
The beauty of running an online business is that the startup costs is extremely low – you can even start some businesses without having to produce any money at all. Young or old, people of all ages can create a business they love from whatever they’re passionate about. Whether it’s selling antique pieces of history, gift ideas or selling services, there’s a niche tailor made for your talents.
In 2021 we need alternative income from online business
There are so many of us who have been forced to break from our ordinary routines and have felt like we have been losing control of their lives. Many of us have been laid off from our jobs during the pandemic. There is an opportunity to get back in the game as an entrepreneur.
With the post COVID 19 world becoming increasingly digital, and contactless, there a are new possibilities and business models that are waiting to be developed.
Who is starting these businesses?
Some of these people who are first time entrepreneurs are moms. Whether they’re stay at home moms or currently work in an office, mothers make up a large majority of those running Internet businesses.
Putting their years of expertise from both life and business to work for them, many baby boomers are stepping out and taking the plunge into a new endeavor of starting their own online business.
Sometimes in a tough job economy, baby boomers are some of the first people to get laid off. Employers aim to keep the younger, less experienced people on the job because they can pay them less.
No, it’s not fair, but it does happen. If you’re in that category, losing a job can be the springboard that catapults you into an adventure that can bring so much good into your life as you start working for yourself.
Retirement need not be a barrier to starting on online business
In certain jobs, there are government mandates in place for when people must retire from that job, which is unfortunate in many cases because it’s those years of experience on the job that make them better employees than the newly hired.
Thanks to smart financial planning, most retirees aren’t forced to work due to needing the income after retirement, but many choose to to keep their minds active and to give themselves something to look forward to.
Changing from a life of active work to being home all day can be quite an adjustment and running an online business can make that adjustment a lot easier on the one retiring and his or her family. Plus, for those wanting to retire but who want to stay busy, there are plenty of opportunities available online to start and run a successful business.
Additional Resources
For more information, check out the posts below:
One program that teaches Entrepreneurship is the ENTRE Institute, their introduction to the program changes the way that you look at having a business and building a legacy. Whether you are thinking about Affiliate Marketing, E-Commerce, or any other traditional Online Business, ENTRE Institute can provide Coaching, and a great peer network of entrepreneurs just like you:
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