Saturday, February 7, 2009

Don't Let Fear Kill Your Online Business

(My Original Blog Post: http://www.wealthyways4you.com/how-to-make-money-online/dont-let-fear-kill-your-online-business)
by H Magill


People who fear to start their own onlie business, usually because they just don't know how to do it, or where to even start. This is the common reason they procrastinate in starting a business.

Below are 7 frequently asked questions that most newbies have in the getting started process.

1. "If I don't have special skills or degrees, can I still start my own business?"

It does require some knowledge in the field you're going to embark in. But it's not necessary to have any business or college degrees to accomplish starting your own business.

Simply do some research online, and obtain some sufficient basic information of your potential business. But if you plan to offer some services such like web designing etc... You should have some skills in that area before trying to start your business.

2. "How much will it cost me? Will it be a lot?"

Starting your own online business doesn't generally cost much money. The money you put into it is mostly for a computer, internet access and a website.

If you plan to sell a service, like web designing, software programs will need to be added to your list of tools to purchase. It will take some money to stock the inventory items. Find the best deals on the items you need for the business you choose and you won't have to worry about the interest rates a loan would add to your budget.

3. "I don't have any experience on running my own business, am I still able to start online business?"

The internet, itself, holds a plethora of information at your fingertips to help you learn every aspect of the business you want to start. You don't need any previous business experience, you can find tips, tricks and all sorts of information from people who've been there and done it, so utilize this resource to gain the power that knowledge will bring you.

4. "How much can I expect to make from an online business?"

Some internet marketers make a six figure income, while others make the same amount a full time fast food worker generally makes. The time and effort you put into it and the return of investment on what youre offering; all play a part in what you will essentially make.

5. "Is my own website essential?"

If you have your own service or products to offer, a website will be needed. If you just sell other people's products; you can become an affiliate without any website and making a decent income online. Again, it depends on what business you will be in.

6. "Can I run an online business without special business licenses?"

The best thing to do is to check with your local government agencies to determine what you will need in your area. Each area is different, so its best to check and see what you need before starting your business.

7. "I am nervous about taking money from customers. What if I mess up the payment processing system?"

PayPal and ClickBank are two very good online payment system, they will take of the whole payment process for you including refunds. Shopping cart software is another option, and a lot of times will come with a web building program.

Running your own small business could be one of the most enriching experiences of your life, so find out the answers by you taking the action.

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