123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Home-Based-Business >> View Article

Earning Money Online - Be Wise

Profile Picture
By Author: Jason Fulton
Total Articles: 40
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The golden rule of any online business is that you can not spend more than a few dollars to start.

"But you can risk your time not your money."

The reason is very simple, even it appears to be a good business, and there is always a risk that the business will not work out. In this case you lost your time, but will likely have learned a valuable experience that can serve you when you try your next online business.

If you only spend a little money, in case of failure, you will have no problem in trying a new online business. Furthermore, by not having your money invested, you'll have much more flexibility for your next online business.

On the other hand, if you put all your savings into your business and things do not work as you thought, you can quickly be in a very uncomfortable situation. After having invested significant capital into your business, you lose any flexibility, and often have to continue putting more money in the business in the hope of not losing what you have already put in and you can end up losing all your money and debts. Whether in life or in business, you should never take unnecessary ...
... risks.

You can do business online without spending much money, so it's not worth risking your life savings.

You might wonder why I speak of failure when I intend to show you how to start a successful business online.

The answer is very simple, I want to be honest, even though it appears to be a good business, there are always risks of failure and it can often happen in events outside your control (economic, legislative or political changes, natural disasters ...). Therefore, in general it's much better to be cautious and always invest the little capital upfront, so if it does not work out as expected, you can close the deal and start a new one.

A business that has high fixed costs is very difficult to return. In addition, you run the risk of losses if revenues fail to cover fixed costs. Not counting that there is a high probability when you're done working you will have to pay the expenses or the salaries of others, and at the end of the day you will have little to nothing for yourself.
Jason Fulton is a successful internet marketer and home business mentor. Visit Success University Review which gives a complete review of the number 1 network marketing business online today. Also take a look at his online money making website where he will personally help you succeed with your own online business.

Total Views: 152Word Count: 437See All articles From Author

Add Comment

Home Based Business Articles

1. Dos And Don’ts For Ifb Washing Machines
Author: shanker

2. How To Replace The Spider Assembly In An Lg Washer
Author: shanker

3. Durable Washroom Partitions For Commercial Restrooms | Super Creations
Author: super creations

4. How Does Purging Compound Supplier Optimize Manufacturing Process?
Author: Subash Ellath

5. Reliable Handyman Services In Washington Dc For All Your Home Needs
Author: DC Handyman - Remodeling

6. Restroom Partition Specialists – Quality You Can Trust | Super Creations
Author: super creations

7. The Ultimate Guide To Gutter Cleaning In Gravesend
Author: Aqua Blasters Limited

8. Home Cleaning Service
Author: Nextgen Living

9. Roofing Cost Estimator In Key West
Author: Estimate Florida Consulting

10. Roofing Contractor In Florida
Author: Estimate Florida Consulting

11. Luxury Interior Designer In India
Author: theashleys

12. Paza Si Protectie
Author: Ioan Stir

13. How To Start Candle Making Business In India
Author: Namo Creations

14. Ada Grab Bar Installation Tips: Make Bathrooms Safer Today
Author: Texas Senior Safety

15. Metal Cost Estimator In Orange Park
Author: Estimate Florida Consulting

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: