Three years ago, I was a stay at home mom who really needed to find a way to make some extra money from home.
Our budget was getting tighter and tighter each year and it was looking clear that I needed to go back to work… but that was the LAST thing I wanted to do!! I had two small girls at home and I didn’t want to give up my time with them.
When Adam and I were first exploring way to generate some additional income, we looked at a lot of different options:
- Adam could pick up a second side job (his job didn’t offer overtime).
- I could get a Job Outside the Home (I still have my Speech Therapy license)
- Start a traditional small business (making and shipping a product – I tried to sew a few dresses to sell).
- Start an internet based business.
I ended up pursuing Option 4, the internet based business, and I’m SO glad that I did! It’s made all the difference for myself and my family.
So here are, in no particular order:
My top 10 reasons why YOU should start an Online Business!
1. Set Your Own Schedule
Having control of when you work and how much you work is a POWERFUL thing! I had 2 young daughters at home (a 3 year old and 6 month old) and really needed some flexibility on when I was working. Frankly a LOT of what I did at first was during nap time and in the evenings when Adam got home.
Even now, I just love that I don’t have to set an alarm clock each day… I can control when and where I work!
2. No limits
Online businesses allow you to be able to quickly scale from a few hundred dollars in sales to thousands of dollars in sales without slow down. In my case, the company I was working with was able to supply all the goods I could sell, no waiting and no worries! I didn’t have to worry about shipping, I just connected customers to products that they wanted and my company shipped everything directly to the customer’s house.
I talk to many women in businesses where they personally make all the goods they sell and they are actually concerned about getting too many orders in where they would be unable to fulfill them – Yikes! I am very glad I am not limited in that way.
3. Work from Anywhere
This has become even more important as our business grew and we were able to move closer to family. With a true internet based business you can live almost anywhere, and specifically anywhere you want to be on a given day! There were so many times when I was able to help a customer when I was on the play ground or at the children’s museum with my girls. With an online business, this is an option!
As a busy mom, I feel like I’m always on the go! Thankfully with an online business, you can bring it with you.
4. Low Startup Costs
Consider the typical costs for starting a brick and mortar small business, thousands or tens of thousands of dollars for rent, deposits, furnishings, and more! When I started my internet based business, I only paid $99. It was basically a business in a box! I had everything I needed to start making money. I do so much from my smart phone (which these days, almost everyone has in their reach).
Honestly, we have been able to run our entire business debt free from day one! Which is huge!!
5. Little Ongoing Cost
In that same vein, internet based businesses have lower monthly overhead costs. In my case it was some small website fees for hosting, payment processing, etc, as well as some product for samples and personal use. I have never had to keep stock (or end up with too much inventory). Plus, as my business grew, my monthly costs stayed the same.
6. Your Business is open 24 Hours
You may need to sleep, but your business doesn’t! My online business is ALWAYS open and ready to supply my customers with that they need. There’s nothing like waking up and realizing that your business made you money while you were sleeping!
7. Focus on Your Strengths, Not Your Weaknesses
All of us have particular strengths in business and areas of potential improvement. For me, doing an internet based business allowed me to focus on what I did well, and to allow other people (or services) to focus on what I’m not as good at. It’s better to take a strength and lean into it.
I am an introvert, and that may be viewed as a weakness. However, I have found that me being an introvert was actually a strength because it allowed me to be creative in connecting and reaching my ideal customers.
What is great is that each of us are gifted in certain areas and you can highlight those strengths to help your business grow.
8. Follow Your Passions
Starting a business online gave me the ability to gear the business around my personal passions (Health, Wellness, and Financial Freedom), as well as giving me the long term ability to pivot my business on my life as it changes! I love that I can help families all over the world now reach their goals too.
If you love what you do, you will never work a day in your life!
9. Unlimited Earning Potential
This was a huge one. In a typical type job, your earnings are tied directly to the number of hours you work, not necessarily how much work gets done. I needed to be in something where I could do the work, generate income, and if I could do it in less time the more the better! Knowing I was in a business that offered unlimited earning potential made it the PERFECT fit for me!
10. Low Risk
When I first started thinking about starting my own home based business, Adam wasn’t too thrilled with the idea… but then he ran through the risks and realized it really was so little risk with a huge potential gain! We had no contracts or quotas… so if I decided it wasn’t for me – I could stop at any point!
P.S. Does starting an online business sound like something you would like more information about?
Watch my video below to learn more:
P.S.S. If you are interested in starting your own online business and would love to talk to see if this would be a good fit for you, We mentor families all over the world and help them reach their goals. Send us a message and I’ll reach out:
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