Secrets to a Low Risk and Profitable Small Business

If you have even considered starting and running your own small business – then you are not alone. For long-term financial growth and a stable and secure future, running your own business is a must. And, it’s the American way.

Since most of us aren’t wealthy – or don’t have even a few thousand dollars burning a hole in our pockets, then the traditional small business start up may just be simply out of reach for the vast majority of us. In a way that you may not have considered – this may be a good thing!

No matter the actual amount of a traditional businesses start up – whether it be $20,000 or $100,000 (or more), this is an amount of money that most of us have never seen in our lifetimes – and most likely never will, especially if we keep working for others.

The way out is to definitely be your own boss and make your own way through life. And never be dependent upon any one person for your livelihood ever again.

These are driving reasons why we want our own businesses. Financial rewards and independence top the reasons why Americans traditionally have started their own businesses – for going on 250 years now. The old days of working for one company your entire working lifetime and then drawing a nice, fat pension for the rest of your life is a thing of the past. You need to be in business for yourself. But, what can you do if you can’t cough up the excessive start-up costs dictated by the traditional business models?should abandon the idea of owning your own business and go on settling for a 9 to 5 salary for the rest of your life?

For me, the answer in a big fat NO. And, I figure that, for a large percentage of the population in the U.S., the answer is NO as well. I’m here to tell you that you can start a business on a shoestring – and a successful one at that! You really can go where your dreams will take you. That is, if you dare to dream!

I’ve found for myself that a person can truly start their own business for well under $300 – and be successful, at that! Where can this be done, you ask? Simple – by way of a modern miracle called the internet! It is a very real possibility that most anyone can start a small online business that’s profitable and, dare I say, fun to run?

Is it all fun and games? Is there no risk at all? Do you have to put forth any effort at all? You will have to work for your rewards, it won’t be all fun and games, and there is some risk involved – as is with all things in life worth anything. Here are some great reasons why you really should consider (seriously) starting your own online business – as soon as possible, in my humble opinion (IMHO)!

No Buildings

No need for a physical location, or a store front. No buildings, storefronts or warehouses are required for your online business. If you sell a physical product, then you can have it drop-shipped from the supplier. All you need is a small space for your computer, an internet connection – and a comfy chair!

No Employees

As you start your own small business on the internet, and for months and years down the line, there is really no need for employees. You may possibly need some help now and again, but you hire contractors for that work. You learn to become highly efficient at what you do – no need for employees!

Expenses Minimized

Since you don’t need buildings or employees or inventory then your expenses are incredibly small from the start. Really – I have a desk and a chair and my computer. That’s it!

The World Is Your Market

Unlike a traditional small business, you can do business with the world right from your kitchen table – literally made possible by the internet! You potentially have billions of customers that really want to see what you’re selling. This can happen with a business on the internet – not in your neighborhood.

Although, like in any part of life that involves business and large sums of money, there are liars and scams. But, if you hear of people making six figures with their internet businesses, there is plenty of evidence to back this up. Those who are legitimate run high-class businesses, and work hard at maintaining a good reputation. I know I do.

Even though starting and running your own small business on the internet is cheap to start and the earnings unlimited, it’s still work. You must be dedicated and put in the time required to be successful, as you do have competition. But, history (and facts) are on your side. You can definitely make a go if it with your own small business – many thousands have gone before you. And with some hard work, and a little luck, you too can be a successful small business owner!

However, it is a fact that anyone, absolutely anyone can do it because it is a lot easier than any of the traditional small business models and you need very little money to start, which means you will be risking almost nothing but some of your time and effort.