Business Start with A Low Cost

To started a low cost business in the traditional world of bricks and mortar is very challenging. You need to make significant investments in recruiting, stock, apparatus and property to trade from. However, an online business is different. All you need is one person, one computer, limited capital and access to the internet.

You will need to spend some money purchasing a website domain name and hosting for your website. You can build your own website (it’s not as complicated as you might think) or you can employ a freelancer to build it for you. But these are minimal costs as compared to the substantial costs of renting a physical building to operate from, buying stock or employing staff.

So what options do you have to start a low cost business online?

1. Sell Other People’s Products

This online business model, known as affiliate marketing, is like being a commission paid sales person. You don’t have to buy any stock, deal with any payment programs or arrange any deliveries. The product owner takes care of that. Your job is to find the customers and get them to visit the product sales page. You can sell tangible products that get shipped to the customer’s front door or you can sell digital products which the customer downloads to their computer.

2. Freelance Your Services Online

If you have a specific level of knowledge or expertise there will be people looking online for them. Freelance websites like UpWork have countless numbers of customers looking for copy writers, creative designers, linguists, website developers, marketing and advertising staff, legal and financial specialists and more.

3. Create A Digital Product

The greatest advantage when you a create digital product is that once you have produced it, you can sell it online again and again. And you don’t need to be an expert in a particular subject to create a digital product like an eBook, video tutorial, white paper, or report. You just need to know more than the average person on your chosen subject.

4. Build A Membership Website

A membership site is like being like a consultant in the traditional offline world. You help and advise clients with your knowledge about your specialist subject. Every month you provide new content for your paying subscribers. You can produce content in advance that drip feeds to your clients when they sign up.

5. Become An Online Teacher

If you have particular know-how about a certain subject, you can pass on your knowledge to students from all over the world. People may not have a teacher near to where they live and don’t want to travel for long distances for their learning. But, the internet makes it easy for you and your students to use online video and audio connections. You can set up one-to-one classes or group classes.

Economics and Collateralizing Future Earnings Ownership

In order to stand a snowball’s chance in this brave, new, globalized, Trumped-up economy, here’s something that millennials need to know and understand. For all practical purposes, ALL THE DISCRETIONARY WEALTH IS BEING GENERATED ON THE OWNERSHIP SIDE OF THE ECONOMY!

That’s right. There are two ways in which to generate income. You can work for it in order to earn a wage or a salary. Or you can own wealth producing capital assets such as stocks, bonds, real estate, machinery, copyrights, or patents, etc. Owners of such wealth producing capital assets collect dividends (i.e. generate an income) strictly by virtue of their ownership.

That’s why best-selling author and motivational speaker Robert Kiyosaki says “A job is a short term solution to a long term problem.” The long term solution to the long term problem of course is capital ownership because for all practical purposes ALL THE DISCRETIONARY WEALTH IS BEING GENERATED ON THE OWNERSHIP SIDE OF THE ECONOMY – NOT ON THE JOBS/LABOR SIDE. The jobs/labor side of the economy has stagnated for over three decades now, while the ownership side has expanded exponentially during the same time period.

So What Can Millennials Do?
So what can millennials do with this insightful piece of knowledge? For starters, in the wake of graduation, as they make their way into the brave, new, 21st century economy, they can look for companies that are owned by employees (including worker owned co-ops and ESOPS) and submit their resumes and applications.

Collateralizing Future Earnings
You see, companies that are employee owned (ESOPs which is short for Employee Stock Ownership Plans) are organized in such a way that employees who qualify are rewarded with opportunities to buy stock (become semi-partners) in the company they work for using FUTURE EARNINGS OF THE COMPANY (as opposed to their own savings or equity, which minimizes personal risk) AS COLLATERAL. In investment circles this strategy would be called a Leveraged Buy Out (an LBO).

THIS UNIQUE FORM OF CAPITAL CREDIT FINANCING IS ACCESSIBLE ONLY TO EMPLOYEES WORKING FOR COMPANIES OFFERING AN ESOP OPTION. More specifically, it’s not available in employee owned co-ops, which is the next best option. And it has NOTHING TO DO with a company offering employee stock options which is not only highly speculative, but 100% dependent on conventionally collateralized financing possibilities.

Two Income Streams
So, without dipping into savings or jeopardizing the family home, ESOP employees develop TWO STREAMS OF INCOME. One from their wage or salary, and the other from their stock based dividends. The first is actively generated through the employee’s own time and effort. The second is passive or residual income that’s generated by virtue of their ownership.

Suddenly you see employees/workers who are benefitting from both the job/labor and the ownership side of the economy – which, as we’ve said before, is where ALL THE DISCRETIONARY WEALTH IS BEING GENERATED in the 21st century economy.

What Else Can Millennials Do?
So what else can millennials do in this regard? They can support political candidates who advocate employee ownership as a business model. For example, Senator Bernie Sanders of Vermont has sponsored two bills in the US Senate that are specifically designed to encourage employee ownership practices. The first (S.2909) “Provides programs designed to encourage employee ownership and participation in business decision making throughout the US.” The second (S.2914) “Creates a US Employee Ownership Bank” which is designed to be friendly to the idea of using future earnings as collateral in the stock ownership transaction.

The more millennials know about the power of ownership, the better their odds become of participating on the ownership side of the economy, where as we’ve said before, all the discretionary wealth is being generated. In the process the malignant wealth gap that’s so threatening to American democracy can be reversed. Corporate plantations that are built on hierarchy and on the backs of modern wage slaves can be democratized. And the odds of millennials surviving, even thriving in the 21st century economy will be maximized.

Telling Your Story the Right Way for Your Brand

We all want our marketing dollars to stretch as far as they can. One way to ensure that your dollars are taking your company as far as they should go is to have your brand tell the right story in the right way. It is important to think of marketing as someone in the corner raising their hand to get attention. If you aren’t intrigued by what you see, if you aren’t interested in figuring out what the story is, then your marketing and advertising can quickly be ignored and even more quickly add up to a cost that is not sustainable. Most marketing is an interruption, plain and simple. Whether it’s the ads you see scattered around the internet, streets, windows, and seemingly everywhere these days, the stuff that works is the stuff that grips you, makes you stop, and makes you curious.

Appeal to Your Customers
The first step in telling your story is to meet your customers where they are. No one is going to listen to your story if they can’t hear you. You need amplification to get your message out there and keep it out there.

Be Genuine
Developing a brand that really represents the high caliber services and products that your company provides is key to attracting the kind of loyal customers you want. You need to show them exactly what they can expect from you from the first moment they encounter your brand.

Create a Connection
Life is about the connections we make. If you can successfully connect with your customer base, then they are more likely to become your customers, return as customers, and spread the word about your brand to their connections.

You need a way to stay in your customers’ minds so that when they need your products or services, your brand is the first one they think of. Using promotional products can help your brand be remembered long after you make an initial connection with your customer base.

And Repeat
The stories that stick with us are those that we hear all the time. The best way to get the story of your brand remembered is to tell it over and over.

One of the easiest ways to accomplish that is with promotional products that appeal to your customers. Giving potential customers something they will use every day is the smart way to keep your brand repeating in their mind.

Ready to choose the right promotional product to tell your brand’s story?

Make Money Traveling

Our world has so many travel destinations and sightseeing delights.

Every country has its own special culture, scenic beauties and regional foods that gives you a new way to get in touch with all your senses.

The travel lifestyle will give you a wonderful insight about a place, the people and culture in all its variety and vitality.

And, there is a special magic about what it actually feels like to be there.

You can live like a local in a favorite overseas destination, enjoy its regional cuisine, attend local festivals and watch the changing of the seasons in a different environment.

Spend a month in Paris, explore the English countryside, taste authentic pasta and pizza in Italy, go cycling in Amsterdam, skiing in Switzerland, cruise the Greek Islands or visit the historic coffeehouses of Europe.

Visit the popular, the historical, the traditional or the unusual. There are natural wonders to discover or you can take a journey “off the beaten path” that will stir your imagination.

The keen traveler can divide their time between home and a favorite travel destination for three months, six months or a year and enjoy the best of both worlds.

The travel lifestyle will take you away from the daily routine and set you on the path to life-changing experiences.

Diversify Your Income

Your income is your greatest financial asset.

Alternative income streams can free you from a 9-to-5 job and set you on the path to live the travel lifestyle.

Passive and residual income streams from an online business can increase your earning power with little effort required to maintain once the initial work has been done.

Online Business Opportunities

If you yearn to break away from the routine 9-5 life where there is no boss, no office or factory to go to then, take advantage of opportunity by applying your ideas, your experience, knowledge, skills or your passion into an online business to create multiple income streams.

A Profitable Website=Income+Freedom

A website based on a profitable niche is an income-producing asset that works 24 hours a day, 7 days a week, all year round.

It can “finance” your keen traveler lifestyle.

Just one good idea based on a passion, skill or knowledge can change your life.

Consider these factors:

*a website is not restricted by geographical boundaries.

*you have the flexibility to work to your schedule

*it can generate multiple income streams

*requires only minimal investment

Build A Money-Making Website With Site Build It!

You don’t need previous knowledge or experience to succeed.

Site Build It provides everything you will ever need to build a successful online business.

It provides the best all-in-One solution for building a money-making website.

Site Build It! provides the step-by-step learning techniques, guidance and 24/7 support for how to build that online business you can run from anywhere in the world.

It includes domain registration, easy-to follow site building tools, website hosting, creating optimized, quality content and analysis, keyword research, traffic building, link building, search engine submissions through to marketing, pay-per-click and monetizing your website.

Affiliate Marketing

There is a vast array of affiliate programs in an unlimited number of niches.

Joining an affiliate programs is fast, cost-free, and, risk-free.

It’s the easiest way to make money online.

Benefits of Affiliate Marketing

*Free to join

*Work from home

*Worldwide market

*No production costs

*No storage, packing or shipping costs

Get Paid For Having a Link on Your Website.

A link from your website to the merchant’s site and you can create an online, affiliate business. Those who click on the affiliate sites and make purchases will make you money.

Taking Action

Think about where you want to be and what you need to do to get there.

Establish goals and make plans then, set out to achieve them through commitment and effort.

The choices you make sets the direction.

What happens next and how it will manifest is about what you do today.

Today, can be the beginning of the first day of the rest of your life.

The money will follow.

Freedom of Choice

Achieving freedom of choice will let you get away from the routine of everyday life.

Freedom of Choice will let your imagination come to life and to follow your dreams.