Reasons To Start A Part-Time Internet Business
August 17, 2009 by paulsmerry
Filed under Business Skills
- Extra Income
We can all do with some extra income, however much it is. I was listening to a recently retired man in his early sixties complaining that he only had so much to live on every week and the good days had gone. He’s still stuck in the old mindset that once you retire you have to rely on your monthly pension and that’s it, finished. This is wrong. So wrong in today’s internet dominated world. It’s not difficult to earn an income over the net; even a small income will add value, even if it pays for a holiday ever year.
- Independence
Having an income generated by your own efforts from a small business will insulate you from the ups and down of the markets. Many retired people who depended on the interest their savings earned to fund their retirement, have found themselves in trouble as interest rates have plummeted. Insulate yourself from the effects of corrupt bankers and politicians by setting up your own wealth creating business.
- Unlimited Potential
You may not become a millionaire from starting your own business, but then again you just might. The point is the potential is there. You are in control, you can jack it up or down depending on how much time you want to put in it. With an internet business the cost base is low so you don’t have to put the hours in to cover costs like you would have to with a brick and mortar business.
- Low Start-up Costs
It’s never been easier or cheaper to start a business thanks to the internet. Before the internet, in the dark old days, if you wanted to start a trading business, you either had to find a shop or get into a market. Either way you had to lay out a reasonable amount of money before you even got started. You had to find money for rent, fixtures, rates, tax and then stock. It could cost you thousands before you even opened. Today, you can open an online shop for very little cost. You don’t even have to carry much stock if you do your sourcing right. If after a few months you decide it’s not for you, it’s a simple matter to close it down.
- Fit The Business to your Lifestyle
The internet allows you to fit your business into your lifestyle. Unlike a brick and mortar shop where you have standard opening hours to honour. With an internet business you are in full control. When you go on holiday there’s no worrying about who’s going to run the shop in your absence. Just close it down for a week or two. It’s a simple matter of clicking a few boxes.
- Reach Out To A Global Market
The internet provides you with a global market to sell to. All those potential customers that you can reach. Admittedly you will have to learn the skills and techniques required to reach them, but that’s all part of the fun.
- If you’re retiring a small business will help to keep you engaged. There’s plenty of evidence to show that staying in the game and using your mind increases your longevity and boosts your health. A part-time internet business will still leave you plenty of time to do the things you love.
It’s great fun. Launching campaigns and following them through, setting goals and seeing them come to fruition is a great feeling. Building something, watching a vision turn into a reality is an amazing thing and will boost your confidence.
7 Reasons to Start your Own Business
December 13, 2008 by paulsmerry
Filed under Articles
Times have changed and everything has been affected. I’m not just talking about technology changes; there’s been a huge social change in our lifetime, which has changed the whole boundaries of our thinking. That is for those who bother to think. Take retirement. It was set at 65 for us men. We were supposed to leave school, get a job and sit tight until we retired at 65 when we would get an allotment or go fishing or build models or just sit down and fade away.
Today people are reaching middle age much fitter and stronger than our parents We can expect to live much longer and the 65-year old retirement date is looking, well, dated. There’s also the fact that we need to fund our retirement and the state pension isn’t going to do it. Unless you want to spend the rest of your life, counting how many watts of electricity, you can afford to use each day. If you haven’t working for the state, it’s almost certain that your private pension is not going to bring the returns you expected after Gordon brown’s frequent tax raids on it to fund labours social experiments.
There’s also the consideration that we don’t all want to down tools at sixty five and visit the coast or go walking in the countryside every other day. Middle age offers us wonderful opportunities that may not have been available when we were younger. It’s a perfect time to start that business. The kids have grown up and gone (hopefully) so you have more time to spare. Now’s the time to challenge yourself and become the person you know you can become.
As a middle-aged person you are equipped with great skills, ability and experience that they can’t teach to the clones coming out of business school. Here 10 reasons why it’s a great time to start a business. Part-time or full-time:
It’s a great way of producing an extra income.
Forget wasting your money in a building society for a meagre return. Invest £100 in something and sell it with a 40% mark-up. Repeat and watch your income grow. If you started a part-time business in your fifties and grew it, imagine the extra income you will have for your retirement if you choose to retire.
Work at home using the internet.
You don’t even have to leave the house. The internet has made it easier than ever to earn an income.
It’s a great way to challenge yourself and build a business around something you love. .
Here’s your chance to prove to yourself that you always had the skill and drive to become successful now you have the chance, take it.
Become your own boss.
Even if you start your business on a part-time basis while continuing to work you will be in control. As the business grows and you money increases you won’t worry about redundancy, you’ll pray for it.
Learn new things. .
Life’s about learning. Some people are happy to have spent all their lives in one job. There’s nothing wrong with that as long as they realise their life experience is limited. By stepping into your own business, you will embark on a great learning journey that will fill you with satisfaction. And believe me there is so much to learn that you will spend a lot of time reading. You’ll have to learn about marketing, pricing, negotiating, buying, shipping and a multitude of other skills if you are going to succeed.
Bullet proof yourself against age discrimination
I know age discrimination is supposed to be illegal but so is speeding but we all do it. Let’s face it you can’t legislate human nature out of a situation. If you are made redundant at 55 and go for another job. At the same interview is a 23 year old. Whom would you employ? The 23 year old will get it every time. If I were a 25-year-old manager having to make the decision, I wouldn’t be employing anybody old enough to be my dad. When did your dad ever do anything you told him to?
Increase your self-esteem.
How? Think about it. You’ve spent most of your life kowtowing to others who were supposed to be better educated than you making decisions that directly affected you, usually for the worse. You’ve listened to a lifetime of bullshit from bluffers and sycophants. Now you can be the boss. You can read all the spreadsheets and predict monthly growth rates. You’ll be the head buyer negotiating with suppliers. You’ll be the marketing director dictating marketing policy. You’ll be the CEO and you don’t have to waste time worrying about the arse kissing bluffer trying to oust you.
Statistically you are going to live a lot longer than your parents.
Can you imagine anything worse than 20 years of visiting the same places, going for the same walks or even worse watching telly. Take up the challenge and prove you can become more than you thought.
