If you want to follow your dreams and make money, potentially limitless income, while doing so, starting your own Internet business is a great way to do so and to do so on your own terms. There are a couple of hurdles to overcome, however, including deciding on what you will be working on and what sort of lifestyle you want to maintain while pursuing your dreams.
Reality check: running your own internet business is not the same thing as winning the lottery and it certainly is not something you will get rich quick at. This is a real business and it requires a lot of energy and time just to get it started, and success or failure falls solely on your shoulders. There is no magic, just good old-fashioned hard work and the determination to succeed. However, you will most likely find that this method of accomplishing your goals and pursuing your dreams is intensely satisfying. Don't just sit there, take action! And if you fail, considering it a lesson learned, correct your mistakes and get right back in there! Complete what you start, don't let anyone call you a wannabe!
Here are a few things to consider when wrapping your mind around your new adventure as an internet entrepreneur.
How much money do you need to live the lifestyle you want or are accustomed to while pursuing your dreams? Add up all of your current obligations, such as housing, transportation, food, insurance, entertainment, medical, dental and so on. Add in any expenses related to your new business venture.
How many hours per day are you willing to work to accomplish your goal? Remember to include all of your non-income related time and time spent learning the requirements of your new business.
What are you willing to sacrifice to accomplish your goals? Think in terms of what areas of time, money and energy you are willing to give up so you can live your chosen lifestyle.
How long can you survive on little or no income while you change your lifestyle? Take into account your obligations and what you will spend getting your business started and subtract that from what you have saved up.
Why are you wanting to pursue an Internet business? Everyone has a reason; maybe they want freedom from their current lifestyle restraints, more money or just more free time.
What are you good at; what will be the focus of your business? Think about the things that you are good at, the things you want to be good at and the things that you would like to be doing.
If money wasn't an issue, what would you enjoy doing even if you didn't get paid for your work? What would you start doing tomorrow if you never had to worry about bills again?
Is money, time or family more important in your life and in what order? List these in the order of importance and why they are so important to you.
Are you technically-savvy enough to create an online presence without needing much help? Make a list of all of your technical skills that you can leverage to get started, make a list of all of the things that you don't want to do and make a third list of all of the things you know you won't be able to do. Do you have resources to pick up the slack in any areas where you lack?
When can you get started? Create a timeline and on it, list the things that might keep you from starting today as well as a list of the things you need to finish to start and why.
Lastly, you must realize that, while you are most likely going to be more fulfilled on a personal level, this is not a job. Your income is directly related to your ability to gain paying costumers willing to purchase what you are providing. It is likely to take many days of working towards your goal with little or no income. There will definitely be a period of trial and error. If you are looking for a quick source of income or immediate purpose, perhaps a traditional job is more appropriate.