Can you build an online home business without a monetary investment?
You see it all the time: Ads such as, “FREE HOME BUSINESS”, “MAKE A PROFIT WITH NO COST TO YOU”, etc. You see these claims in emails and on websites all over the Internet. You see them in your local newspaper and in magazines. Are all these ads just a bunch of lies, or can you really build a home business without a monetary investment? I believe the answer to this depends on a couple of different factors. 1) Is the person seriously trying to build the business and, 2) What are the resources being used to build it.
Let’s look at the first factor – YOU! (No, I am not picking on you.) What type of person can build a business without investing any money? He will have to be a self-starter. There will be no boss looking over his shoulder to make sure the job is being done. He also must be dedicated and have a strong commitment to succeed. Trying to build a business this way is going to take much time and patience. There may be many hours of sitting in front of a computer submitting websites or placing ads in his immediate future. He must have “stickability”. He must decide what he is going to try to build and stick with it. He can’t be jumping from one “sure thing” to another.
The second factor we should look at is the resources being used. Building an online business using free resources can be a very time consuming experience. I have read several testimonials from people who have done it, so I know it is possible. Success mainly boils down to this: having the time to do the research on the many free online resources, and then doing the necessary work required in putting them to good use. Let’s take a look at a few of these free resources and see if they really work.
The Internet offers a wide variety of free resources available to a person trying to build an online business. From free web hosting & html tutorials, to free affiliate programs & advice (some good and some bad).
In conclusion, I would say that yes, a person can indeed build an online business without a monetary investment. But going into it with some foreknowledge of the necessary personal characteristics, process and time investments can aid you in being successful. Be prepared to spend a considerable amount of time. Search out many free programs and make decisions wisely. Even though the program may not cost you money, it will cost you time.
One last recommendation if you are considering trying this method: when you begin to see a profit, immediately invest a percentage of that money back into your business. You’ll soon start to realize that many of the necessary business-building routes become shorter when you buy resources rather than rely solely on the free ones. Your business will still have not cost you anything “out of your own pocket”, as you’ll be utilizing your first profits made from your time investments.
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ABOUT THE AUTHOR
Craig Binkley – husband, father and home business owner assisting in the restoration of the “traditional” family. http://www.bornagainbargains.com