What Leverage An Online Business Gives You?

byStanNG

6.3K followers

5 years ago

There is an English saying, “Nothing In Life Comes Easy.”

I look up and found the actual quote by Theodore Roosevelt. It is ...

“Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty… I have never in my life envied a human being who led an easy life. I have envied a great many people who led difficult lives and led them well.”

This quote definitely apply to building a business. There is NO BUSINESS that is built without

• Investment
  
• Skills
• Time
• Hard work

The quantum of each may differ and some businesses require more inputs to generate results.

If you are here at Wealth Affiliates, I am sure you are looking to start an online business.

I would like to offer you the Most Important Reason you should invest your effort in building an online business. It is LEVERAGE and I will highlight the following four leverage an online business brings.

1. Time Leverage - Open For Business 24/7

Most businesses have operation hours. Once you setup your website, it is open for business 24 x 7.

It gives you time leverage in that you do not need to be present in the business for it to run 24 hours a day with zero employees.

If you are here, you will realize anybody can start an online business and be open all the time.

It is literally Making Money While You Sleep.

2. Geography Leverage - It Is A Global Business

Reason 1 transcend time and reason 2 transcend geography.

You have a global business from day 1, reaching anyone in the world with Internet Access from wherever you are to market your product as long as they understands the language you use on your website.

While yet to be perfected, With translation software, you can break down language barriers too.

You are not restricted to a Local Market

3. Product Leverage - You Can Sell Other People’s Products

You do not need your own product. You can sell other people’s products.

You can sell literally anything that’s on Amazon.com. With the Amazon Associates program you can sell anything from binoculars to smartphones.

Once you go through the training and find your niche, there are thousands of affiliate products you can sell.

The affiliate marketing industry is also growing and many more products are available each year.

4. Effort Leverage - You Create It Once

Once you create your site and the content, you will use it over and over again.

Using the right keywords, you are attracting an audience to your content. There will always be people looking for content at different times.

When you create new content, you can also link to existing content to leverage it. You do not need to repeat the same content.

Sure, now and then you may need to update it. Over time, you would have build content assets.

Lastly, the most important reason of all, your prospective customer is probably online.

There are 4.388 BILLION people online as of January 2019 according to Digital 2019 reports by Hootsuite and We Are Social.

The world’s population is currently around 7.676 BILLION according to the same report. That means 57% percent of the world’s population are on the Internet.

When you take the training here and set-up your niche website, ask yourself what percentage of this 4.388 BILLION people are your target market.