We all go to high
school, college or university then after graduation, hope to find a job.
Guess
what, the truth is not all of us will get a job. Companies are now cutting
staff in an attempt to reduce costs so that they can survive within the current
economic crisis.
Think about
it, it is impossible for everybody to work as there are not enough companies to
hire everybody.
The government
actually doesn’t want everybody to run after jobs. So what to do? You have two
choices. You may either accept unemployment and die miserably or create your own business. Jamaica
will only grow through business creation.The government knows this.
Luckily, you
are now living in a time where online businesses are growing rapidly and millions of people around the world are
gravitating towards it.
Many people
worldwide have lost their jobs and have found more satisfaction and self-fulfillment
than ever before working full-time from home via the internet.
Why is an internet business just better?
The internet
has a way smaller barrier to entry. It is way cheaper than setting up a
physical building. You have no extra JPS bills, building rental fees, insurance
fees, etc. All of these could add up to hundreds of thousands of dollars or even
millions.
The greatest
advantage of the internet is that you can reach the world easily. You are no
longer limited to a Jamaican audience. Your customers can be from the Caribbean all
the way to China.The internet enables you to make money even when you are sleeping.
When you work , you exchange time for money.This means that you get paid for the time you work. I you happen to meet in a severe accident and unable to work, you stop making money. This is not the case on the internet. You usually put in alot of work in the first part of your online business journey to get it to a level where it become popular and can be easily found on the internet. After this period everything almost becomes automatic. You will eventually no longer have to put in hard work as you use to. Your business will eventually run itself.
When you work , you exchange time for money.This means that you get paid for the time you work. I you happen to meet in a severe accident and unable to work, you stop making money. This is not the case on the internet. You usually put in alot of work in the first part of your online business journey to get it to a level where it become popular and can be easily found on the internet. After this period everything almost becomes automatic. You will eventually no longer have to put in hard work as you use to. Your business will eventually run itself.
What do I need to start a business online?
To start a
business online all you need are:
An Idea-This can be a product or service that
solves a problem that people have. If it solves no problem, that idea probably makes
no sense to pursue as nobody may find and use for it.
A Credit Card/Visa Debit Card- You will need these to do any cash
transactions online. If you don’t have a credit card then you don’t have to
worry, just visit your bank and ask them for it or simply apply online.
If you are unemployed
with no stable income your bank will not give you a credit card but the
alternative is that you can use your scotia bank VISA debit card if you have one.
A domain Name: This will be the address of your
website. This is what people will type in the web browser to find your website.
A Hosting Company: This is the a service that will put
you website on the internet so that it can be found
A Website-This is what you will use to
distribute your idea worldwide. This is the backbone of your business. Learn how to make a website.