| The costs of starting an internet business are tiny, | | | | - A web host of course - perhaps $20 a month to |
| compared to a business in the 'real world'. How about | | | | start with. The cost of this did increase as my |
| this example from my own business: | | | | websites became more popular. |
| Several years ago I left a job, and jumped into running | | | | - Buying domain names - more expensive a few |
| an internet business full time. I'd had some experience | | | | years ago, but now as little as $8 a year each. |
| running a part time internet business, but was not | | | | Those are the main services I needed to get up and |
| expert by a long shot back then... | | | | running. And with hard work, have turned that initial |
| And this may surprise you, but the investment in my | | | | $800 investment into over seven figures in sales. |
| business was only $800. That was personal money | | | | So internet business start up costs can be surprisingly |
| put into the business to get it going, and I've never had | | | | low, especially compared to starting a 'real world' |
| to put any more of my personal money in - that $800 | | | | business like a Dominos Pizza franchise for example. |
| has compounded into an awful lot more. | | | | And as mentioned in this article, costs have come |
| So what did I spend that $800 on to start the | | | | down over the years - I spent $800 getting my |
| business? Here's a few of the items: | | | | business going, but you can probably achieve the |
| - Getting set up with a payment processor. I used | | | | same for $200 now. But be aware - if you're not |
| WorldPay at the time which cost several hundred | | | | prepared to spend money on advertising initially, then |
| dollars to get an account with, but you can get set up | | | | you need to grow your business using free marketing |
| for free with PayPal now. Or a service like 2CheckOut | | | | tactics (like writing articles), and those take time and |
| only costs around $50 in set up fees at the moment. | | | | effort, and require consistent commitment to get the |
| - A service for managing my email list. As little as $20 | | | | results you want. |
| a month. | | | | |