How Much Does It Really Cost to Start a Profitable Internet Business? – ETR
One of the questions I’m frequently asked is: “Do I need a lot of money to start and run a successful Internet marketing business?”
In this article, I’m going to give you a definitive, to-the-penny answer to that question. Something I don’t think you’ve gotten elsewhere.
I find the rule for start-up money to be the same for an Internet business as it is for many home-based businesses. It’s a “time or money” equation. (Michael Masterson has written about it many times.)
The “time or money” rule dictates that you need either time or money to succeed.
If you have little money, you must put a lot of your time into the start-up. That’s what’s known as “sweat equity.”
If you have little time but plenty of cash, you can pay others to do a lot of the work.
Time or money. Either one will do.
It is extremely difficult to start a home business if you have no money and no spare time.
However, with an Internet business, we have a big advantage.
(Click Here to Read On)
Posted: August 18th, 2009 under Entrepreneurship, General, Goal Setting, Motivation, Other Recommended Authors, Wealth Building.
Tags: Bob Bly, Early To Rise, Wealth Building
