Lucky for you, a slow economy presents the perfect time to start-up new income streams and put a little extra money back in your pocket. In fact, starting a simple home business is the best logical step for most people.
The good news is, the internet makes starting your own profitable business easier than anyone would think. Thanks to the World Wide Web your goal to make money online is achievable with a little hard work and some ingenuity. In fact, the internet is the best place to start making money.
The main problem that many small business owners face is the enormous risk of starting up. Sure, if your venture succeeds, it pays you back in spades. For most people though, the risk far outweighs the rewards. The internet changes all this. For about 50 dollars, you can get a good solid start making money on the internet. You need a domain name, normally about ten dollars, monthly web-hosting, another ten dollars and an email service, about 20 dollars a month. So, for very cheap you can start seeing money come in.
An alternative that I might recommend starting out is using My Express Site to build your first website. A major stumbling block for many would be internet based entrepreneurs is the challenge of setting up a working website. My Express Site makes this easy as possible, by making a click and choose interface where you select what kind of web pages you want and how you want them to look. The price is great and you, and you can buy your domain for 10 dollars and host it included in the monthly fee. You can also host as many domains as you like, and instantly install word-press. This simple solution can greatly increase your chances of starting toward success online.
A great auto-responder tool is AWeber.
Your next step is visitors actually coming to your site and buying what you are offering. Luckily again, something called social media has revolutionized business on the web and how we get our message across to potential customers. Traffic equals money and this is the formula that internet business runs on. For those of you who are unfamiliar with this term, social media are sites like Facebook and Twitter, which allow instant communications with friends and customers who join your lists.
The idea of making a list is an old one on the internet, but it is the golden egg to success for real internet marketers. By having people join a list you can communicate with, you insure they are interested in what you are selling and are therefore more likely to buy. The greatest part is; people who buy from you once are much more likely to buy again if you provide quality. So, making a list of customers allows you to get multiple sales out of the same traffic that came to your site in the past.
There is a lot to learn, but get started today and you will be one more step on the path to success. Remember, you choose whether or not to be successful!