Login
Password

Forgot your password?

Advantages the Internet Provides for Entrepreneurs

By Edited Mar 3, 2014 1 0

Online Business
The Internet provides a ridiculous amount of opportunity for entrepreneurs and has many advantages as opposed to opening up a traditional brick and mortar business.

Much Wider Audience. The Internet allows a business owner to reach much more people. Traditionally, with a physical business, the business owner was limited to the people in that town and whatever visitors might be passing through. With the Internet, the business owner automatically has access to millions of potential customers.

Success in a Remote Areas. With the Internet the a person can run a successful operation out of the comfort of their own home…in a small town. Again, traditionally in small town, good luck in becoming a millionaire from your local mom and pop diner. But, with the Internet, you can potentially run a very profitable online business out in the sticks.

Mobile and Global. The Internet allows a business to be both mobile and global. With a traditional brick and mortar business, if you want a vacation, you can't just pick it up and take it with you to Hawaii. You either have to be there all the time to oversee operations or hire someone to fill in for you while you take a breather. With an online business, the business is completely mobile and the business owner has the freedom of taking it with him or her wherever they go. Also, with the big "Cloud Movement" going on, most applications and resources are able to be accessed remotely from any computer that has an Internet connection. So, you don't have to worry about filling up your hard drive space or something accidentally happening to your computer. If all of your important files and programs used for your business are stored "in the cloud", all you'll need if your laptop gets lost or destroyed is to get another computer and you'll be back in business. All your files are stored safely in the cloud and you can quickly recover. (Carbonite is an example of a service that offers a simple, secure and unlimited online backup for a low annual price).

Zero Inventory. An online business allows business to not have to store any inventory or products. With a physical business, you normally have a physical product that you are selling to a customer. Well, with an online business, you can still sell physical products, but you don't necessarily have to have the products on hand. You can do what's called dropshipping, which is a supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer.

Very low startup (if any). Traditionally a person wanting to start a physical business might have to take out a loan. But, for people like me who are super serial entrepreneurs, the Internet provides very low startup, which allows the person to try many different things at once. Also, if something fails, you're not out tons and tons of money and sitting on a big fat loan you're obligated to pay back.

Hopefully this provides a good and brief overview of just a few of the advantages of starting up an online stream of income as opposed to a traditional brick and mortar establishment. I would suggest trying and online income stream first before attempting to open up a physical business, because it's a way to learn a lot and with much less to lose. There are so many tools and sites out there that offer basically a free startup, depending on what you're interesting in going into business doing. I will most likely be doing a few articles in the future that feature some ways to get started online for free. As, for now, I hope that this article pumps those people up that have a creative vision and are entrepreneurial-minded to get started.

If you're looking for a simple way to make money online, and don't know where to start I encourage you to Sign Up for InfoBarrel. It's FREE and is a great way to get your feet wet online. It provides the potential for earning a nice solid residual income check each month - just write about what you know or what it is that interests you. Now don't expect to get rich off InfoBarrel. Write first because you love it and if you stay persistent, you will see success.

Here are some great articles to get you started on how to write successful and profitable articles on InfoBarrel

How to Make a Lot of Money Writing for InfoBarrel by Signing Up Now

Ways to Get More Traffice to Your Content

How to Maximize Your InfoBarrel Earnings With Pictures

The Best Free Social Bookmarking Sites With Adsense Revenue Sharing

The 5 Site Method - Make Money Writing Online - Anywhere in the World

Make Money on InfoBarrel With the Amazon Affiliate Program

InfoBarrel Income - Do You Make 1000 Dollars A Month Online

Advertisement
Advertisement

Comments

Add a new comment - No HTML
You must be logged in and verified to post a comment. Please log in or sign up to comment.

Explore InfoBarrel

Auto Business & Money Entertainment Environment Health History Home & Garden InfoBarrel University Lifestyle Sports Technology Travel & Places
© Copyright 2008 - 2016 by Hinzie Media Inc. Terms of Service Privacy Policy XML Sitemap

Follow IB Technology