The Internet is a goldmine with vast reserves available to anyone for the taking. But unlike the physical goldmine where there is finite amount of resources and works on a zero-sum principle (one’s gain is another’s loss and vice-versa), the wealth available online is virtually unlimited and grows more as the technology advances. And the best part -- the one the I love the most -- is that it is a level-playing field. Almost anyone can possibly succeed online. Rich, poor, well-connected, Mr … [Read more...]

Do you consider it scary running an online business, or even just a simple website, simply because you lack the technical knowledge to go about it? If you say "yes" to that question, well guess what, you are not alone. I’ve met a lot of offline, brick-and-mortar type of entrepreneurs who would not even entertain the thought of going online. And while they are forever buried in their fears, there are a different breed of entrepreneurs who are so hungry for action and so eager to go online with … [Read more...]

The main advantage of putting up an online business is it requires just a little start-up capital. Its main disadvantage is it requires just a little start-up capital. Yep, you read it right. But if you still don’t get it, you may read it again or you can read further down the succeeding paragraphs to get a detailed explanation. There are two ways of funding a new online business venture. Using a shoestring capital. Somewhere from $ 200 to $1,000; where $ means US Dollar. Shelling out a … [Read more...]

Non-techies, this is for you. I'm starting a series of articles geared towards non-technical folks who want to find their way around the intricacies of running an Internet-based business. This one is the first in the series. Call this Web Development 101 or whatever. This article is for non-techies who want to have a website but somehow doesn't know how to begin. No, I won't turn you into Web Development Rock Star overnight. That would take a million lines of programming code and a lot of … [Read more...]

First: Raising A Red Flag For Employees and Self-employed individuals, this article may come as a big surprise. This group of people is used to earning money by trading time for it. When introduced to the concepts of leverage, residual income, and the like, many of them are so closed-minded that they automatically equate such concepts as a scam. And when they meet an ordinary guy (especially young and under-schooled) earning income that can only be describe as extra-ordinary, the guy is … [Read more...]

I Love Money But... Isn't the love of money the root of all evil? Sorry folks, I beg to disagree. I just disproved it. I love money. There is no denying it. Contrary to what has been embedded in most people's subconscious, money (or the love of it) is not the root of all evil. It's the lack of money that is the culprit. Imagine Haiti without money pouring into the island after the disastrous earthquake. It would be a terrible world indeed. I Love Time I love time -- lots and lots of it. … [Read more...]

When starting a new online venture, a beginning entrepreneur would probably do three things first: Buy A Domain Name Get a Web Designer and craft the collest web design on earth Create five pages or so containing an overview of his products and services, his business, mission and vision, some photos here and there, etc. After a few days, he could be laughing already confident in his ability in getting a cheap web designer after dumping the high-profile professional aside. A week or two … [Read more...]

If you are an owner of a small business, this article is for you. It's driving me nuts. A lot of small businesses are still clueless about the benefits of doing it online. And for the few that jumped into the techie bandwagon, many are doing it wrong. As a result, they end up spending money on it instead of having the technology bring them the money. Technology then becomes a liability for them instead of an asset; sucking money out instead of pouring it into their business. Take owning a … [Read more...]