This article is guest posted by Welly Mulia.
The idea of building and running a profitable Internet business from the comfort of your own home sounds great, and I’ve seen a lot of people get very excited at the thought of doing this.
As great and awesome that may sound, one has to carefully think about the effects of building an Internet business, both from the positive and negative aspects.
You might think that there can ONLY be positive effects since everyone out there is talking how they are making 5 or 6 figure per month easily and effortlessly.
Well, nothing could be further from the truth.
Of course there are going to be NEGATIVE effects as well. Not only in business, in everything that we do there are always going to be 2 sides to every coin.
So what kind of negative effects are we talking about?
You see, when trying to build a successful online business, 99% of the time you’re NOT going to make any money at all when you’re just getting started.
Because you’re still learning the ropes of the game.
Let me ask you this question: “Let’s suppose you have never played tennis before, but you want to be good at it. Can you be good at the sport in a very short period of time?”
The answer is NO!
The same thing goes when trying to build a successful Internet business from scratch without much knowledge and experience. Heck, it’s not just about building an Internet business, it applies to every endeavor that you’re trying to learn and conquer.
Business in general, not just Internet or online business, is about investing for the future. I’m not talking about investing in shares, bonds, options or the likes. I’m talking about investing in our business NOW so that the business generates profits for us in the future.
Like what I’ve said earlier, when you’re just starting out to build your Internet business, your income for the first few months will most likely be zero. Even if you’ve managed to earn any money during this time, they will most likely be pennies.
You work on your business 30 or 40 hours per week and you don’t see any results. What do you do? Do you give up like most people do? Or do you continue to work hard and fine tune your business along the way?
You may only start to see results a year or two from now, but when you’ve successfully made that first dollar, then it’s going to be easier to make subsequent dollars.
Once you hit the next breakthrough in your business, your business has the potential to grow exponentially.
In fact, it’s very possible to grow your business exponentially while working less. You do this by having systems and quality team members in place to run the business WITHOUT you.
This is what I call the entrepreneur spirit.
Contrast this when you work as a full time employee for a company. You get paid a fix salary each and every month. You have peace of mind and can concentrate on your work because you know that at the end of the month you’re going to get paid by the company.
You get your full time salary at the end of the first month, at the end of next month, the month after, and so on. However, your income increases on a linear basis (usually only once per year).
Initially when just starting out, most people would rather be in the full time employee position because of the fix salary they can bring home every month. However as time goes on and the business keeps on improving, people would no doubt choose to be in the business owner position rather than just an employee whose income increases only linearly.
But that’s just how it works.
Entrepreneurs are rewarded for their determination and perseverance during the toughest of times, and are rewarded when their business starts to take off and make them even more money while working less.
Employees who have been enjoying consistent, fixed income continue to bring in that amount for the rest of their working lives while still having to work the normal 9 to 5.
Having read this far, you should now have a clearer picture of the risks and rewards associated with building and running your own online business. Don’t simply jump in and get your feet wet at the thought of making money online from your Internet business. Consider carefully the advantages as well as disadvantages as outlined above.
Again, there’s always 2 sides to every story…
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Online Dating Friends says
Absolutely agree, I need at least 6 months for my first blog to start earning. And It’s still far from enough. Earning money via blogging is not instant so it’d be wise not to leave your current job so quick