One reason that numerous people would like to work from their home is that there is no requirement for a substantial financial investment to commence an online business. One does not need to invest heavily in product development. Those of you who have expertise in almost anything can begin by merely writing an e-book and promoting it or creating a website and promoting products that are produced by others. Think of the people who promote products that are created by others as the modern version of the old door-to-door salesman except rather than knocking on one door at a time they knock on the doors of millions of people at the same time by way of the Internet.
Another attractive reason that draws people to a work-at-home job or small business is the fact that they do not need to incorporate….a sole-proprietorship does nicely. One person working from one computer these days can achieve the same things that previously required several people working numerous hours to accomplish. A sole-proprietorship business is not required to file separate tax returns or pay any special taxes on income that is earned in the way that a corporation, an LLC or even a partnership business is required to do. Generally speaking the taxes levied on a sole-proprietorship business are just for personal income.
The Internet is not called “The Information Super Highway” for nothing. An individual can make a very good living selling nothing but information on it. The populations of every industrialised nation in the world have discovered that if you want to know anything about anything, you get on a computer and ask the question. They have also learned that you must pay for special information and they are more than willing to do just that. A person who has special knowledge of a subject and could be considered an “expert or guru” has a market for selling that information on the Internet. All that needs to be done is to set up a website, publish some information, advertise and sell the special information. It is a wonderful concept and information is, without doubt, a wonderful commodity. There is no inventory to maintain and no shipping or handling costs involved in order to deliver the product. Everybody gets what they want. The seller gets paid for delivering information to a person who wants that information….everybody is happy.
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Hey Gary,
Great post as long as we rememebr that while Internet doesn't require monetary investment to truly succeed – time investment is a must!
.-= Alex Sysoef´s last blog ..What Makes September 7 Significant? =-.
Thanks Alex, agreed that time and persistance is more crucial in order for people to succeed.