Monday, June 8, 2020

Making Money Online Myth #5

It Takes Money to Make Money Online

There is an age-old saying in business that it takes money to make money. Everyone’s heard it, and most believe it. And for a long time, it was often true. But now, through the power of the Internet, this is no longer the case.

Starting an online business is almost always going to be far less capital intensive than starting a “traditional” business. While starting a more traditional style business can (and often does) take a good amount of money to get started, an online business can typically be started with $1000 or less. And for many people, starting their online business will be less than a couple hundred bucks.

So while you shouldn’t expect to get your online business up and running for absolutely no monetary investment, don’t believe the myth that it takes money to make money online.

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