Why Do People Want to Start Their Own Business, When They Could Earn A Salary?
You might think that the question of why do people want to start their own business is a simple one, but there are many reasons that many would love to know exactly how to do this.
One of these reasons below you might even relate to:
- Are you still working for someone else and earning just enough money to make ends meet or maybe not really enough at all?
- Are you constantly being pushed by your bosses to meet your deadlines and have to stay for long hours in the office to meet the deadlines?
- Are you making enough money and most importantly, are you happy at work?
- Do you feel stressed constantly?
- Do you enjoy getting up in the morning and going to work, or do you dread the day ahead?
The main reasons in case you are wondering why do people want to start their own business is because of some or all of the points mentioned above.
If all the points above are something that you can relate to, then maybe it is time you start looking at the abundance of opportunities that are available where you could make a living online and be your own boss.
Nowadays in this high technology world that we live in, there is an abundance of work opportunities available on the internet. All you need is a computer connected to the internet and you can start making money online.
One way to make money online is to set up a website and earn money even if you do not have a product to sell. You could join affiliate programs where you could promote affiliate products and when you sell them, you will earn a commission from that affiliate product.
If you sign up with Wealthy Affiliate university, you will learn how to build a money pulling website with easy to follow videos, and you can join free for as long as you like by clicking on the banner below.
There are so many ways in which you can monetize your website once you have set it up including:
- Selling Ad Space
- Building Websites For Companies and Maintaining Them
- Selling Your Own Products
- Selling Someone Else’s Products
- Promoting Your Own Off Line Business
- Building a list
- Flipping or Selling Websites For a Profit
These are just some of the endless possibilities that you could use to make money with your website.
However, do not expect to get rich overnight. You may have set up your website to sell affiliate products and put up some Google ads in hopes of making money. However, even with a good website, without any traffic, it’s useless as it will not attract any visitors or sales.
There is a lot of effort that you will need to put into your website so that you can build an online empire with great content that will bring hoards of people to see what you have to offer.
This Is How I Started Out
When I first decided to start working online, I tried out a few MLM companies – you know, the kind that tells you to refer other people and get paid each time somebody joins underneath you, and then you get paid again when more people join underneath them.
Unfortunately, these business models sound good on paper, but in most cases, the people that you refer don’t really take it further, so you end up spending all your precious time promoting in the hope that you will get a good referral that will take the work seriously.
I then decided to start my own website and spent many hours of trial and error, but there was something I was missing, and I was spending so much time working on the technical stuff that I had no time to actually develop the website.
I even tried auto blogging, but that was a big mistake, as my website got even less traffic.
Once I tried Wealthy Affiliate university, I started to see the light and the great training made me realize just how much time I had been wasting on my website doing all the wrong things.
Since then, I have managed to turn my online business right around, and currently, have 4 websites that are all making money.
With Wealthy Affiliate, I work a few hours a day online on my websites, then the other half of the day is spent running my own offline business.
Within Wealthy Affiliate, you will find so many helpful people who are willing to share valuable information and advice with each other.
Even if you only start by working on your business a few hours a day, over time your work will start to pay off and you will wake up one day and see that you have started making some sales.
The more hours you put into your business, learning as much as possible and writing content for your website, the sooner you will start to make money. Some people see returns in as little as three months. I had my first big sale one year after starting my first proper website.
Once you are earning enough and you are confident enough that your online earnings are enough and that they are stable to sustain your living expenses, you should start considering becoming your own boss and working online full time.
Today, people use the Internet not only to gather information or as a communication medium, but also to market their products or services and thus, make money.
Why Do Some People Fail?
Many people try different ways to make money online, but they hardly get any success. By understanding the reason as to why they fail in their attempt to make money online and by looking at some proven ways of making money, we can effectively earn money online.
We need to understand that the Internet is not a magical place or some sort of money-making machine.
However, it does provide the cheapest way to communicate with a lot of people. Being online helps you in reaching out to millions of people who use the Internet daily.
In business, if you want to grow and make more money, you have to market your product or service quite well. In other words, you should try to make people aware of your business. This is where the Internet comes into play. As it provides the cheapest way to communicate, it becomes an excellent medium to market your business.
Considering this, we can conclude that it would be a better option to have a business first and then use the Internet to market it. You can start a business to provide others with some kind of service, or to create and sell your product or to market other people’s products. Let’s look at how you can start with a service-oriented business.
How To Start A Service-Orientated Business
In service-oriented business, you have to sell your skills. For example, if you know how to develop software or build websites, just like Wealthy Affiliate can teach you, then you can become a freelance software or website developer.
Another good example is, if you are good at writing articles, then you can become a freelance writer and make money by writing and selling your articles. There are lots of freelancing websites on the net where people post different projects. You need to register as a freelancer and then bid on the projects. In this way, you can start making money quickly.
Some people use a different approach. Instead of bidding on projects posted by others, they either develop some software or write an e-book and later on, market it online. In this way, initially you need to spend some time creating your own product and then you need to focus entirely on marketing. The more you market, the more people will buy your product and more money you will make. Your ultimate goal should be building your website up so that you can get thousands of eyeballs on it every day, and the best way of doing this is by doing keyword research.
In the third approach, you don’t have to develop any product or sell your skills. You just need to help others in marketing their products and in return, they will give you some commission on every sale. This is known as affiliate marketing. The more products you market, the more you can earn.
So, why do people want to start their own business? I think, besides increasing your earnings, it is also because having your own online business can give you the freedom you need to live your life on your terms, and this is what most people would love to have.
I know of a lot of people who travel around the world and they blog about their experiences. This must be the dream job for a lot of young people, and you can work with this sort of business anywhere you want to worldwide, as long as you have an internet connection.
No matter which approaches you would choose to start your online business, you must understand that, if you want to earn, you have to work hard and consistently.
Think about which could be the best approach for you. You can also start with more than one type of business at a time. For example, while acting as a freelance writer, you can also write articles to market products created by others.
So start working now to make money online. The journey starts here.
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Hi Michel! The answer is very obvious, everyone wants to be his or her own boss. After running race against time, you might be paid peanuts, no time to attend to your family (especially kids), hardly will you get vacation when you need it badly. The list is endless. You are right about opportunities that abound online.
However one might not succeed if not properly guided. This is because there are so many scams online that glitter like gold and if the beginners are not guided properly, they will lose focus and might also be swindled of their hard earned money. However, with Wealthy Affiliate, it is a success all the way. I am happy to be a part of Wealthy Affiliate.
Great to see another happy member of Wealthy Affiliate reading this article on why do people want to start their own business. All the best to your online success.
I have read the whole review about this information. This is really necessary information about profiting online from home.
When I read your writing, I learned how to earn money online. I have been very lucky reading your article. This is very helpful information for us. I will share this information with my friends. Thanks for sharing this informative information with us.
Hope it helped you in some way and you are also planning on starting your own online business.
One of the reasons I got into affiliate marketing was because of a situation that happened this year with my job. I just started to feel that over and over again, I was being taken advantage of, in spite of over 10 years of dedicated service. I was (and still am) frustrated by it and it has been one of the chief motivating factors in my trying to start my own online business, so that someday, I can be free.
Thanks for the writing this article, as it clearly hit close to home for me!
All the best with your online business Steve and I am sure you will be out of that hell hole soon with your attitude.
I would like to offer you my comments on your post.
First I would like to say that I enjoyed reading it. You are aiming at people who are starting their thinking process. I remember myself when I was looking for information on how to start an online career, that’s the type of post that would have been helpful. You help put in perspective the main questions people may have about their current job.
I liked the fact that you added a section on why some people fail online. You give a realistic opinion of online work and you are not promising your readers will get rich overnight. You give different types of online work and that’s good for an indecisive reader. It feels like you genuinely want to help your readers on this topic.
To summarize, I really enjoyed reading your post, it is well written with clear explanations and made me want to read it until the end.
I hope my comments will be helpful to you.
Thanks for stopping by Marie-Lou and glad you enjoyed reading this post. I thought maybe it was a bit long.
Hi Michel Maling,
I have read this great article fully and understood that it is perfect guideline for starting a online business.
Everyone wants to work in a relaxed mode and establish constant earnings. But this is very tough for the beginners since everywhere you look are scams. I love your best-recommended advice of joining The Wealthy Affiliate University and I do believe it will be helpful for all of us.
Thanks for sharing this excellent article.
Thanks for the kind words Humayra. And you are right when you say there are so many scams online, it’s difficult to tell what is real anymore.