Traditionally, to get rich by doing business, we need to sell some physical products or services. To do that we usually need to buy a shop, set up a factory or rent a a building, and set up all necessary equipments and facilities. On top of that, we have to invest money to buy raw materials and maintain the inventory and pay the employees. All these need substantial initial capital outlay. So, not everybody can start a business, most of us end up as employees, working for other people whole life and never have a chance to get rich!
Fortunately, the advent of the Internet technologies changed all that. Now, almost everybody can earn some money from the Internet, part-time or full time. Some of us can even become a millionaire. The reason why anybody can start an online business is because we don't need a big initial capital to start a business, we can even start with ZERO capital! I repeat, ZERO capital!
But you may ask "What products can we sell online?". I will tell you in the coming post.
1 comment:
Thank you George. Please check back often as I have many more interesting ideas to share.
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