How much it requires to start an Online Business ?

CyberAlien

11 years ago

Without more information, nobody can really provide you with direct answers... What exactly are you trying to do?

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dragonboy46 11 years ago

Originally Posted by Escalate Hosting

Without more information, nobody can really provide you with direct answers... What exactly are you trying to do?

Affiliate Marketing, promoting other people's product or creating my own products and promoting them on the internet
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cyberzolo

11 years ago

Around $80 for a year of hosting and $19 a month for an Aweber auto responder

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Clint Faber

11 years ago

In fact you can start with $0
Utilize your available assets
Never spend more then you bring in

If you have funding here is what can be done

Pick a Nich
Grab a Site
Invest in some tools
Put out content linking back to your offer

This will help you start it you utilize this info

Thanks

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Moneymaker2012

11 years ago

Why don't you start doing a freelance job first like article writing ect and after you have collected decent money to invest, you can start a good business online.

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Clint Faber

11 years ago

Originally Posted by Moneymaker2012

Why don't you start doing a freelance job first like article writing ect and after you have collected decent money to invest, you can start a good business online.

I agree with you Moneymaker (what is your real name bub) freelance is a good start long as to do not get stuck

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Nett

11 years ago

Hosting $60/yr+domain $10/yr+website~$50=$120/yr (~$10/mo)

However, it varies greatly depending on your business.

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1 reply

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Clint Faber

11 years ago

Originally Posted by Nett

Hosting $60/yr+domain $10/yr+website~$50=$120/yr (~$10/mo)

However, it varies greatly depending on your business.

No no no Nett let me hook you up with some $ saving info
Hosting $14 mo host gator
Domain 99c/yr godaddy
Website Free wordpress

Now you can use that saved cash to get some good time saving tools

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1 reply

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Nett

11 years ago

Originally Posted by Clint Faber

Hosting $14 mo host gator

Never use HostGator... since they were acquired by EIG in 2011 their services became worse and worse...Also, don't use JustHost, iPage or BlueHost, they are all owned by EIG now.
I can easily get a 1 domain, unlimited BW package from any other host for $5 per month.

Originally Posted by Clint Faber

Domain 99c/yr godaddy

How about renewals?

Originally Posted by Clint Faber

Website Free wordpress

You need to pay some $ if you need a good template, though.

Thanks
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MrFume

11 years ago

There are plenty of good free themes available, plus you can tweak the CSS or use the tools included in some of the more advanced themes to change the appearance, use Gimp to make some graphics, or re-purpose some graphics. Depends how innovative you are feeling.

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Clint Faber

11 years ago

Originally Posted by MrFume

There are plenty of good free themes available, plus you can tweak the CSS or use the tools included in some of the more advanced themes to change the appearance, use Gimp to make some graphics, or re-purpose some graphics. Depends how innovative you are feeling.

Happy to have you backing me up on the good free themes statement MrFume

Thanks

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cuie

11 years ago

Originally Posted by Nett

Never use HostGator... since they were acquired by EIG in 2011 their services became worse and worse...Also, don't use JustHost, iPage or BlueHost, they are all owned by EIG now.
I can easily get a 1 domain, unlimited BW package from any other host for $5 per month.

What hosting would you recommend? I just ran away from Godaddy to Hostgator

Thanks
1 reply

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Nett

11 years ago

Originally Posted by cuie

What hosting would you recommend? I just ran away from Godaddy to Hostgator

I believe you can find some nice offers here Web Hosting Offers

Thanks
1 reply

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Clint Faber

11 years ago

Originally Posted by Nett

I believe you can find some nice offers here Web Hosting Offers

I still say go with HostGator
They just updated there Cpanel so you will not need to face that problem like we did
The are back to having the best support in the bizz

Thanks
1 reply

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Nett

11 years ago

Originally Posted by Clint Faber

I still say go with HostGator
They just updated there Cpanel so you will not need to face that problem like we did
The are back to having the best support in the bizz

Yes, I was a HostGator customer 6 months ago. I was happy with their hosting.
However, I found this article and I read it HostGator Alternatives, Part 1: Who is EIG? – The Digital FAQ
After knowing the information, I switched to another, non-EIG host. I was shocked by how I was "fooled" by HostGator by their fancy "guarantees". My website loaded a lot faster with my new web host and I became a lot happier.

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cuie

11 years ago

Originally Posted by Nett

Yes, I was a HostGator customer 6 months ago. I was happy with their hosting.
However, I found this article and I read it HostGator Alternatives, Part 1: Who is EIG? - The Digital FAQ
After knowing the information, I switched to another, non-EIG host. I was shocked by how I was "fooled" by HostGator by their fancy "guarantees". My website loaded a lot faster with my new web host and I became a lot happier.

Damn! I just struggled to move my site to Hostgator

I wouldn't want to do it again but maybe I'll have to reconsider. At least I found a good Elance freelancer to move my sites.

Thanks for the tip Nett!

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2 replies

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Nett

11 years ago

Originally Posted by cuie

At least I found a good Elance freelancer to move my sites.

If you are using cPanel hosting, there is a one-click site backup option which will generate a backup file that can be uploaded to another cPanel server to restore your site easily. Why do you need a freelancer to do that?

Thanks
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cuie

11 years ago

Originally Posted by Nett

If you are using cPanel hosting, there is a one-click site backup option which will generate a backup file that can be uploaded to another cPanel server to restore your site easily. Why do you need a freelancer to do that?

With IT things never go like in the movies

I had couple of issues with couple of installed software. This guy solved everything for me for $30. I'm happy with that. Instead of struggling with it couple hours myself.

Thanks

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Clint Faber

11 years ago

Originally Posted by Nett

If you are using cPanel hosting, there is a one-click site backup option which will generate a backup file that can be uploaded to another cPanel server to restore your site easily. Why do you need a freelancer to do that?

As you may know most business owners do not do the tedious mechanics of the business itself. IT is a painful and awful thing for most people.

Thanks
1 reply

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honestim

11 years ago

Hi

As Clint rightly mentioned, do not spend more than you bring in. I would like to add to it "...when there is a conducive opportunity." And in your case in particular or internet marketers in general there is a lot of opportunity of bringing in money before you plan to spend it. Start with trading your time and then move away from it and create assets. Learn and grow while going through the process.

Best
HonestIM

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Clint Faber

11 years ago

Originally Posted by honestim

Hi

As Clint rightly mentioned, do not spend more than you bring in. I would like to add to it "...when there is a conducive opportunity." And in your case in particular or internet marketers in general there is a lot of opportunity of bringing in money before you plan to spend it. Start with trading your time and then move away from it and create assets. Learn and grow while going through the process.

Best
HonestIM

Well said Honestim

Thanks

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Clint Faber

11 years ago

Originally Posted by cuie

Damn! I just struggled to move my site to Hostgator

I wouldn't want to do it again but maybe I'll have to reconsider. At least I found a good Elance freelancer to move my sites.

Thanks for the tip Nett!

I recommend doing it only if %100 necessary
Best not to get distracted by the small things
For us at this point in time it is not as we are currently happy with host gator but something we are prepared to do if need be

Thanks

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Clint Faber

11 years ago

Originally Posted by Nett

Yes, I was a HostGator customer 6 months ago. I was happy with their hosting.
However, I found this article and I read it HostGator Alternatives, Part 1: Who is EIG? – The Digital FAQ
After knowing the information, I switched to another, non-EIG host. I was shocked by how I was "fooled" by HostGator by their fancy "guarantees". My website loaded a lot faster with my new web host and I became a lot happier.

(Just read article thanks)
I admit I was not even happy with them daring the change but if you ware happy why did you switch? How did they Fool you? If the sites are loading faster then maybe its something we will be looking into but for some one starting out it most likely will be worth going with a cheaper price with good support.

Thanks
1 reply

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Nett

11 years ago

Originally Posted by Clint Faber

(Just read article thanks)
I admit I was not even happy with them daring the change but if you ware happy why did you switch? How did they Fool you? If the sites are loading faster then maybe its something we will be looking into but for some one starting out it most likely will be worth going with a cheaper price with good support.

I read the article and they said that HG's quality are going down. I was not tight in money so I wanted to give another web host a try. By the way, this is my current web host High Speed Web Hosting : SwiftServer Platform : Blazing Fast SSDs. The price ain't expensive and the $5 plan is basically unlimited while the SSD plan is way faster.

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Clint Faber 11 years ago

Originally Posted by Nett

Never use HostGator... since they were acquired by EIG in 2011 their services became worse and worse...

Yes Nett for a month the transishon was tough for us all but seems as if they are back to there old self now.

Originally Posted by Nett

You need to pay some $ if you need a good template, though.

Lucky for us this is not true. I mean com on Nett really "need to pay some $" hahaha I do not think so as there are suitable free themes.
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MrFume

11 years ago

The short answer is yes you can indeed start with a domain name, get some hosting install Wordpress, put together a site, or put up a sales page.You will need something to offer your subscribers to get them to sign up-then some products-if you look in my signature you can get some products to sell, learn from them yourself and how to re-purpose private label rights products the correct way. Might sound a bit salesy, but helping others is something I take seriously.There is nothing to buy.

Thanks

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Anoopchawla

11 years ago

You can start with $0. I remember I made my first money ( $170) on ebay. I auctioned an iphone replica then got it drop shipped from china.

My second source of income were squidoo lenses, again required zero upfront investment.

I am currently a full time offliner, I build websites for business owners and require them to pay at least 50% upfront (which covers my basic investment so essentially it cost me nothing to get started).

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cuie

11 years ago

Originally Posted by dragonboy46

Hey guys,
Just bought the "Marketing With Alex Elite" course and that's great.. Lot of information in the member's area. Just wondering how much I will need to invest in my online business ? I don't have too much money to put in and have low budget, can I just start with a domain and a hosting?

BTW: didn't Alex give you any ballpark estimate on where and how you should invest in your IM? Sounds quite strange...

Thanks

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author14

11 years ago

you can start your online business by only getting a domain and a hosting if you got a good idea.

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Rohith Reddy

11 years ago

Hello,
If you don't have much investment,just pay for hosting and autoresponder.
Select a niche where you can write proper content and start blogging.
Increase number of subscribers and start list building.
Promote products and sell traffic for income.But it needs huge work and it takes time too!
Thanks,

Thanks

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ebizman87

11 years ago

Originally Posted by dragonboy46

Hey guys,
Just bought the "Marketing With Alex Elite" course and that's great.. Lot of information in the member's area. Just wondering how much I will need to invest in my online business ? I don't have too much money to put in and have low budget, can I just start with a domain and a hosting?

Affiliate marketing can be done with FREE methods.

You don't really have to invest in domains and hosting (although it's wise to do that)

All you need is traffic to convert your visitors into customers.

Perhaps you may need to spend $$$ to get traffic so that you can reach out more people. And if you're looking for a cheap/FREE methods to drive traffic,invest in a good traffic course

Good luck mate

Thanks

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Is this for real?

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drr

11 years ago

Realistically, without some level of financial muscle you'll need to put in a lot of elbow grease and have modest expectations. Personally, I've been online since Y2k, went full time in '05 and have invested tens of thousands in my projects. No doubt you can start on a shoestring but the online business landscape is far more cluttered than when I started for sure. Just my two cents...

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troy23

11 years ago

Costs nothing.
You can do it for free.
That's how I started all those years ago - I used a free web hosting/page builder and made hundreds of sales.

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technician27

11 years ago

I don't want to give the name of business but a guy started online business around 2003 with $150 and recently sold it for $140 million.

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webbyidea

11 years ago

If you are able to do writing, SEO works your self. You don't need any money without domain and a hosting.

You can start earn from affiliate, adsense and more...

Thanks

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JRJWrites

11 years ago

Originally Posted by dragonboy46

I don't have too much money to put in and have low budget, can I just start with a domain and a hosting?

Of course. That's how much I have started with and I currently make $30-$40 today. It's a business, but probably not the one you expect.

Like someone else said, use aWeber to build a list. I personally don't need it desperately, but the truth is that any marketer can definitely use it.

I have a very low budget myself. To me, it sounds like with a domain, hosting, and possibly aWeber, you're set to go. You really don't need anything else, unless you want to hunt for an IM mentor. If you do look for one, I suggest RW Biggs (visit Get Leads - Drive Sales). He was my mentor and he changed my online career.

Thanks
1 reply

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Devid Farah 11 years ago

How much it requires? Depends on the type of business.

Look man i wanna be totally honest with you. Its true that you can start an online business for very little money but its almost impossible doin it for free. At least if you want to start a SERIOUS business looking to make big money in the long term. No, am not talkin about paid surveys.

A well read Forbes business magazine article touts that many online entrepreneurs start their business with an investment of between $20 and $1,000

Of course it depends on the business model you use.

Since you have a low budget i suggest you to become an expert at something then offer your services on Fiverr or on many other freelance websites.

See, there's plenty of free info around, or buy a course that will teach you something.

Let's say a photoshop course that will teach you how to create minisite and ecover graphics.. you can become an expert at it and then sell your services on fiverr. Its'a start and will be fast cash. Fiverr can be a goldmine. Some people are literally banking.

You mentioned creating your own products and market em. Very smart idea.

Regard your domain and hosting you could go that route or you could get into reselling hosting through GoDaddy or Host Gator. They have some very affordable plans and you can get some much needed capital to scale up your online business.

But there are many others you can start with very little. Here's another idea; have you ever thought of selling advertising on Youtube videos?
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- dragonboy46 11 years ago
  
  I've tried fiverr already and it seems great but the problem is I've never done freelancing before and I find it very difficult for anyone to take a chance on me also I don't have much skills, I don't know how to promote my services.. like writing Good description, images, quality gigs etc..
  
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Curtis2011

11 years ago

Originally Posted by dragonboy46

Hey guys,
Just bought the "Marketing With Alex Elite" course and that's great.. Lot of information in the member's area. Just wondering how much I will need to invest in my online business ? I don't have too much money to put in and have low budget, can I just start with a domain and a hosting?

It depends on your business model. Some can be started with $0 (using free media sites to promote affiliate products, for example), many more can be started with less than $100 (register your own domain and hosting and then do whatever you want with it).

Thanks

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goldenbold

11 years ago

You can start from zero. You can find many zero investment online ways on the world.
Ps: Making money with paid surveys.
Freelance writing.
Making money with gig sites.
Good luck!

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jekuttaja

11 years ago

Originally Posted by goldenbold

You can start from zero. You can find many zero investment online ways on the world.
Ps: Making money with paid surveys.
Freelance writing.
Making money with gig sites.
Good luck!

I feel that this is the slowest and the most painful route. If you don't invest anything, you really aren't getting anything. And if you only invest your time, you are going to lose a lot of it before you make any real results

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AlbertBarkley

11 years ago

Originally Posted by dragonboy46

Hey guys,
Just bought the "Marketing With Alex Elite" course and that's great.. Lot of information in the member's area. Just wondering how much I will need to invest in my online business ? I don't have too much money to put in and have low budget, can I just start with a domain and a hosting?

in 2013 majority of people online that's why online marketing is really important

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How much it requires to start an Online Business ?

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