Can I Run My Own Online Business?

Looking for a career leap in 2018? How about running your own internet business?

December 15, 2017

Running your own business has never been more accessible. Gone are the days when running a company would require a physical store and bank loans; now, anybody with an internet connection can launch their own digital venture.

First of all, running any business can be challenging. If it was easy, everybody would be doing it, right? But that doesn’t mean it’s impossible. If you have an idea and the motivation to create your own online enterprise, then you have all the ingredients you’ll need to get started!

Stepping into the world of online business doesn’t mean that you’re trying to compete with Facebook, Amazon or Google. Although, if that is your goal, then we wish you the best of luck! As a general rule, there are two distinct types of online businesses; the first being ecommerce (selling a product), and the second being by providing a service, such as web development or online marketing.

Which route you decide to embark on is solely down to your own decision, and there is no right or wrong answer. Usually, an ecommerce store will require more start-up capital, although it could be argued that ecommerce stores are easier to scale-up and therefore generate higher sales over the long-term. This is subjective, though, and there are plenty of service-only businesses which generate millions of dollars in sales each year.

One of the best parts of running an online business is that the possibilities are limitless and are bound only by your imagination. What you wish to sell or offer as a service is up to and there are countless resources, services and apps to help make your dream happen.

Thanks to platforms such as WordPress and WooCommerce, entrepreneurs can now launch their store without the hassle and expense of having to code a site from scratch. Marketing can be aided by a countless selection of specifically designed apps which allow you to target a global audience from the comfort of your own home.

For those looking to escape the routine of a 9-5 office job, working online can offer the freedom and satisfaction that is often lacking in the corporate world. It’s fast-paced, ever-changing and exhilarating. You’ll meet incredible people along the way, dealing with other creative entrepreneurs and incredible customers.

Often, the most successful entrepreneurs are those who create brands in areas they’re passionate about. It gives them an edge as they are already familiar with the industry, and working on a subject you’re passionate about can help you keep grinding it out through the slow times.

As we approach the New Year, it presents the ideal time to get your creative juices flowing and come up with ideas on what type of online business you’d like to run. Whether you decide to launch an ecommerce store or offer a freelance service, there is no limit to what you can achieve. The internet connected world is your audience and you can reach them in a few clicks.