It seems like everyday new stories are making the headlines in business and technology about ideas of new startups that are instantly worth hundreds of millions or even billions of dollars. While it might seem like everyone is getting rich and you are getting left behind, this actually isn’t the case. The truth is, there are plenty of people making money online that aren’t making headlines. If you are still looking to get ahead in life and want to pursue a dream of starting a business of your own, we completely understand how you feel.
The internet has completely changed not only the way we all live our lives and connect with others, but also the opportunities that lie within the world of online business and marketing as well. The most exciting part of all of this is that it’s actually less of a financial investment than you actually think.
With all of this in mind, it’s important to not only look at success stories for inspiration, but also to ask entrepreneurs and other business owners who have already went through this process for their best advice as well. This is exactly what we are going to do today, as we have reached out to several entrepreneurs and business owners to ask them one simple question, which is how to start an online business for under $100.
Yes, that is correct you can actually start an online business for under $100. It’s time to get excited and start putting these ideas into action. Let’s do it!
Industry Experts Weigh in on How to Invest $100 to Start an Online Business
Each of the expert tips below are unique in their own way. Depending on how much time, money, and focus you can invest in your online business, each will apply to everyone differently. Be sure to read through each of them in detail and see which most relates to your current position and business goals.
“Surprisingly, there are many different ways to get started with an online business for under $100, however, many of them will require a lot of time and effort to actually set up. Even if you go with a simply solution like WordPress or a drag-and-drop platform, it can still be confusing for anyone wanting to just setup a website or brand to get started with. That is why we created WiseBrand, a platform of tools and site solutions that makes it easy for anyone to go live with a site of their own in just minutes, while also costing just a few dollars per month. The goal for our brand and business, was to make it easier for someone to simply get started and have an online presence. Once this is in place, users can then invest more time and effort into other areas they might want to expand to.” — Orly Izhaki Co-founder & CEO of WiseBrand
“When looking to start a business online (at any cost), you need to first think about what your business is going to be, who it applies to, how it offers value, and what type of monetization you will have in place. Knowing this beforehand will make it much easier for you to find immediate success, while also having the knowledge and technical skills in place to last for the long run. Once you have all of this in order, I would recommend investing your time and money into ‘affiliate marketing’. The benefit of starting a business around affiliate marketing is that you can instantly start working with well known brands and earning commission from leads and sales to brand names people already know. In terms of costs, you could spend $100 in two different ways. The first would be to start a website or blog, which would keep your costs extremely low, but it will be a slow process to build out your site and get traffic. The other option is to simply run paid ad campaign on Google on Facebook. If you are going to spend money on ad campaigns, make sure you start with just a few dollars per day until you get a better understanding and learn how to scale and profit over time. Once you get this process flowing, you can then pour your profits back into the business and keep it growing.” — Srish Agrawal of Infographic Design Team
“There are now more than 50 percent of Google search queries globally coming from mobile devices. With this in mind, it is imperative that website owners are choosing a website builder or website templates which are optimised to work seamlessly across all devices. Not only will this provide stronger conversion rates for site owners, but it’ll also reduce wasted advertising spend on devices which would otherwise under-perform.” — Barry Fenning, Marketing Director of LCN
“One of the quickest and easiest ways to get started with an online business, is to simply register a domain name, setup web hosting and going live with a WordPress powered site. WordPress is the most popular content management solution on the internet today, and it’s also free to use. In short, WordPress makes it very easy for anyone to go live with a site of their own without needing to know any technical or design skills. Once you have a site live, you can then start building a resource site or personal brand to leverage your expertise. With a site of your own, you can start making money online through the use of affiliate marketing and Google Adsense. These options are great for anyone wanting to test the waters with making money online, as they don’t require any upfront investment. The average cost for a domain name and web hosting is roughly $5-$10 per month depending on which hosting solution you go with.” — Shinto Lee, Blogger at Blog Ninja
How to Start a Successful Online Business for Under $100
If you ever thought you would need thousands of dollars to start an online business or pursue a dream of your own, now you should have all of the inspiration and data points to think otherwise. New entrepreneurs and business owners are going to use the power of the internet to get started with pursuing a dream of their own everyday. The difference between those who succeed and those whose continue to sit on the sidelines, it’s simply a willingness to get started and to take action.
Once again, through each of the actionable tips and stories above and think about how you can use the same methods to build your own online business. The most important thing you can do is take action and get started, Even if it’s as simple as registering a domain name and getting a website online.