Have a spare $18,000? Want to start a business?

Last Update: January 07, 2019

Do I think money grows on trees? No. But I do have something that I wish to share and I ask you to seriously consider this each time you make your payment to Wealthy Affiliate.

Want out of Wealthy Affiliate?

I have seen so many people wanting out of this website for reasons of their own, and whilst I respect that sometimes events occur in our personal lives which take things out of our control, often this is not the case.

Often people think they can't do this, or the grass is greener on the other side or things have happened and they hit a brick wall that they can't be bothered climbing over. I often wonder what would have happened to me if I had given up so easily.

A little history to show you where I am coming from.

Starting a business from scratch.

I started my first business when I was 24. I was working and my husband gave up his job and started a mobile business. My income paid for the rent, food and essentials. We had no savings, I managed to get a lease to cover the business vehicle and equipment. Times were tough. We did not spend on anything but essentials. I was a secretary, so no big salary. We had an old bomb car, already paid for that took me to work, and a dog. We had the phone connected, and this became the work phone.

Initially a friend stayed and answered the phone during the day. After 6 months, I was pregnant and gave up work to stay home full time. We made less money that first six months, after business expenses than the unemployment benefit. Yet we survived and our first child was born slightly after.

Over the next 3 years we plodded on, I fell pregnant (oops a bit earlier than planed). I made my own clothes and the kids, made most of the soft toys, knitted jumpers, grew my own veggies and did everything I could to ensure that the business did not suffer from having to supply too much to our wages.

I even managed to find a melanoma which threw me for 6 and I ended up with a huge chunk missing out of my leg. You appreciate life when something like this happens.

The business earned a reasonable amount and enabled us to purchase our first really cheap home ($35,00). Not a lot but interest was 15% and the repayments were tough. That business become too expensive because of franchise fees we were paying for the use of the equipment and we were forced to start in another direction so we started a bricks and mortar Shop for our business and used different tools.

I Needed Money.

Now I needed money to do this. What do you think I did. Did I say - can't afford this anymore and give up. No, we sold our house.

Fortunately while interest rates were still reasonably high, they were coming down and the housing prices were starting to go up. We sold our house, and once selling costs were taken into account we had $18,000 to start our new business. This was in the late 80's. Probably an equivalent today would be closer to $60 to $80 thousand.

The message I am trying to make is if you want a business, you must expect that it will cost money. You will need to put in time and effort and do everything you can to ensure that the business has the best chance of success.

The second business had its ups and downs, good years and very bad years. Nothing is ever easy, but if we faced a brick wall we either found a way around it, or climbed over the top. Even being nearly a million dollars in debt, we never gave up.

I have sold this business, paid off my debts and started again. Life is short, but eventful.

Every business has costs

With an online business, the start up costs are so low. If you look at your domain name and WA costs for less than $400 a year you can start your own business. sure it will take 2 or 3 years to make money and longer if you want to earn a full time income from it. You may need to make 2 or 3 websites and spend time marketing it - again mostly free whereas I had to pay hundreds of dollar per month to advertise in the paper to get new customers for my second business.

Grasp the opportunity

Think very seriously about the wonderful opportunity that you have been given and when times get a little tough because you can't afford to have steak for dinner and instead have to settle for a hearty stew.

You may have to suffer holes in your socks, or learn to darn them (I did that too). Even thowing a few tomato, cucumber and pumpkin seeds in the back yard and supplimenting your food budget will save you $5 a week most of the year. All it takes is a little weeding and watering.

Remember, you have not forked out thousands of dollars and given up your home to start an online business. You may need to make some sacrifices along the way.

It will take time and work

Yes, you will need to work in your spare time. Long and hard if you truly want to replace your current income. But will the effort be worth it? You won't be risking everything like I, and many many other business owners have.

You have been blessed with a wonderful opportunity, if you will just reach out and grab it with your whole heart. And this is from someone who to date, has only had one person join under them, who just went premium.

Yet, I still have a positive outlook as I abandon my last 18 months work and concentrate on starting again with a whole new website as I have learned so much more and applying my training to make this website everything the other one was not.

Next time your $49 payment is due, or $359 annual fee - think how lucky you are to be starting a business without selling your house and your soul to do it.

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Recent messages
Johnpavich Premium
Yes, owning a business can be very expensive and can have its ups and downs.

Years ago when my father was lost at sea with 6 other men my mother grew a heautiful garden every year in our backyard and canned a lot of food also and also managed to save money with the little pension she had, luckily we owned are home.

It's quite amazing how much money you can save.we had carrots ,corn ,beens ,sweet peas, strawberries, onions, garlic, potatoes, tomatoes, so many vegetables !
Then my mother bought us a kids each a fruit tree we had to choose , my brother picked a cherry , I picked an apple and my sister a pear tree.

So, yes you can save a lot of money growing, your own vefetables.
Now about running an online business I was sorry to hear all that time you spent on uour website and gave 5o start something else, you can't always fogure put what works best all the time.
Its better to have tried and lost then to have never tried and wondered if it would have worked or not.
A friend of mine rents out a space for a rental space for $5,000.00 a month but his taxes are also $5,000.00 a month so no money there and now its been vacant for about 4 months, ouch !
So, starting an online site with wa sounds like a pretty good thing to me you just have to treat it like a business and work at it as much as you can .
Following you now !

What a great post to share about struggle and sacrifice.

I have endured similar circumstances. So I know exactly where youare coming from.

Some people have their bread buttered on both sides and they will never understand how struggle and sacrifice make a person stronger and more appreciative.

Wealthy Affiliate has provided me with a excellent business opportunity. I don't know about others, but I intend to follow through with my goals for this minimal investment.

All the best
MiaL Premium
Absolutely Kerry! And members can also access the Black Friday reduced price making it cheaper again.
I'd much rather $359 per yer than $1,000s for a business. Seems like a no brainer to me. And yes it takes work - all businesses take work, online is no different!
Thanks for sharing your own personal experiences here :)
AnneO1 Premium
Inspiring message thank you so much. I am a new member and yes you do get stuck. You need to decided do you want to make a income or not? As you say the cost of setting your business up at WA is low. The information is all here. It is getting yourself motivated to complete the tasks. I have been stuck it took two weeks to overcome the problem. I came to the library to get started again. A different space. Not at home where I usually do my WA
MThompson3 Premium
Thanks for sharing. A great motivational read for first post of the day I came across. I remember starting my first business and WA is a whole lot easier that starting a business when you are young, inexperienced, low on capital, etc....We learn so much about ourselves during these early times and that experience makes us realize how great a platform like WA really is.

JohnPAlex Premium
Great inspiration Kerry!
My wife kept after me to let our membership go during the last year I was away. I just kept telling her she needed this as much as I did. Now she is building her own site and branding it.
One of the things learned in one of the lessons was the length of time on the web adds to your ranking. My site didn't go away for that year I was gone. So it's health has been easier to deal with than starting from scratch.
To all our successes in 2019!
RoseAnn1234 Premium
I chose the latter option, and knowing that it is a harder struggle has given me the motivation to put my head down and write a post each day. Never would I be accused of taking an easy path. I am like a bulldozer - full steam ahead.
YanFellow Premium
Hi Rosie - that's a wonderful story and a testiment to your hard work and tenacity.

I've had several businesses over the years although only one bricks and mortar (argh!) and I've been very fortunate in that I've enjoyed all of them (except the bricks and mortar one (argh!).)! :-)

If you enjoy what you're doing, that's 90% of the battle, I think.But you need self-motivation and determination, too.

And you're absolutely right! The barrier to entry for an online business is so low. It's a massive, massive opportunity for anyone wanting to get out of the rat race and take control of their own life

But it does take work. So you can either put that work and effort into making someone else or some faceless corporation rich or you can put it into creating a solid financial future for yourself. We are, indeed, living in a time of opportunity!

Well done! Thank you so much for the post,
RoseAnn1234 Premium
Glad that you enjoyed it. My aim is to help those that feel overwhelmed and consider bailing out.
YanFellow Premium
Yes, it can seem overwhelming at times but it's a great opportunity and there is a lot of help here if poeple just reach out.
Freedomseekr Premium
I sure couldn't have said it better myself! Wow, you've certainly been through many tough times, which I know all too well myself over the years.

I believe if we really want something, there's always a way to get it...at least in my opinion. It'll take some time and hard work, but it's certainly worth the effort!

Thanks for sharing your story Rosie, I'm sure it'll help others realize what a great opportunity they have right in front of them!

Best wishes :) ~Sherry
KenShaddock Premium
Great perspective RoseAnn. Thank you for enlightening us all of this aspect. On line is cheap as a business to start.
I know bricks and mortar you work much harder and longer that a day job, so what's a little consistant work, some focus and vision
to break through the above.
have a great and prosperous 2019 RoseAnn.
AAckers Premium
I read a book years ago called rich Dad Poor Dad I had a very poor Dad and my friends where no better off I learnt to avoid a lot of financial mistakes along the way but I have never owned a home earnt a high income and had to always put my passion job on hold I tried for years to get a website started and I agree its not easy having a brick and Mortar business I worked in a Franchise so I hear you the managers make no money,, and debt followed I feel really blessed to be part of WA and I think if anyone has ever read the book Rich Dad poor Dad WA is an Investment business invest time imagination less than 100 a month and with your own interests as a niche the returns will come with patience and time
RoseAnn1234 Premium
what a wonderful interpretation. You are so right. WA certainly is the investment Rich Dad is investing in to make his money grow for him.
FKelso Premium
Your message is a good one for everyone on here to read -- especially those who haven't made a bunch of money yet and are getting discouraged. It all takes time, and building content and credibility, and we just have to keep at it until something works and the traffic starts flowing in. Meanwhile, we can try whatever things we think might move us forward; keep the ones that work and replace the others.

I hope many people who think this is a "get rich quick" scheme see your story.
RoseAnn1234 Premium
TiffanyDraye Premium
Awesome blog. And I feel you with the hard times. I am not here for the "get rich" quick thing, I am here to try to survive. And with the support that I get here, and the training, I know that I will make it.
Great thing to you in your future.

All the best,
mbouteiller Premium
Hi Rosie,

I admire your courage and hardship... it's what makes you who you are today. You're very strong, determined, inspirational woman and I thank you for your words of wisdom.

I agree with what you've been saying about time and work. Everyone can be successful with their online business here. The cost to learn and maintain a business here is so minimal (less than what a cup of coffee costs ... even a beer...).

I always think of successful entrepreneurs, how hard they had to work, endure and the sacrifices they made to get to their dream lifestyle.

I'm so glad you're not a quitter.

Thank you for sharing your story.

I wish you much success in 2019! Ya... let's do this.

RoseAnn1234 Premium
thanks for your kind words. I only hope to inspire others and not have them drop out of the race.
ECV82 Premium
That is a heck of a story! Lots of good lessons and how to get through difficult times.
RoseAnn1234 Premium
didn't Forest Gump say - life is like a box of chocolates? You dig in and never quite know what to expect.
Kerjackie Premium
You have been through a lot of up and down, learn the hard way to do business, building a business, indeed requires so much patience, persistence, confidence, you have to work very hard to get some results, but you have found WA and you seem to do so well congratulations, RoseAnn.
Thank you for sharing your experiences, have a successful 2019!
DavidKellas Premium
Yeah, I create websites for businesses all day long, some of them are my own businesses. it so so cheap to start-up a business online, then you can save money and make a ground presence for the business offline.

That's when things get exciting.

Nice share, thanks Rose Ann.
MBartley Premium
Hey Rosie that is an awesome story of perseverance and dedication. With experience comes wisdom and it shows through your writing. You Go Girl!!
Calh60 Premium
After I retired I had a couple of pretty good desktop support jobs. Not great money but very comfortable money. But, after the second company laid me off because it was being sold I decided to buy a produce stand. It was really really hard work and all I did was break even. When the selling season was over I decided to sell the stand and get a full-time job again which is where I am now. When I sold the stand I didn't get the money out I put into it. So, I know exactly what you are talking about. The cost for this online venture is minimal compared to what I paid for and lost with that produce stand.

Thanks for your post!

RoseAnn1234 Premium
sorry to hear of your loss. Unfortunately, you are not alone. Many businesses just provide a living, at a cost.
maggi2355 Premium
FranCallado Premium
Beautiful, inspiring story Rose. Thanks for sharing!
SondraM Premium
Rosie, first off, I like your profile picture that is fitting with your theme.

All of what you said is true.

In cased anyone missed what you said above: "The message I am trying to make is if you want a business, you must expect that it will cost money. You will need to put in time and effort and do everything you can to ensure that the business has the best chance of success."
RoseAnn1234 Premium
thanks, it is the new me.
SondraM Premium
The old you was nice. The new you is perfect for business. :)