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Online Business: "What, No Big Bank Loan?"

Guest post by: Michael Hume

Article Overview: What's the fastest, least-expensive legitimate business you can get into these days? The answer is obvious: find a way to do business on the internet.

Free Download - Great Leadership Requires Inspiration, XIX By Michael Hume
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Online Business: "What, No Big Bank Loan?"

Internet Entrepreneurs Face Speed Bumps, No High Hurdles

What's the fastest, least-expensive legitimate business you can get into these days? The answer is obvious: find a way to do business on the internet.

Statistics show that over 85% of small businesses fail within five years in the United States, and a big reason is start-up costs. In the current sluggish economy, the investment hurdles entrepreneurs must leap are higher than ever. Credit is tight. Lenders are nervous. All of this with good reason, and it doesn't look like it's going to get dramatically better any time soon.

While it isn't for everyone, one solution is to take your business into cyberspace. Without a brick-and-mortar investment to make, you're free to use more of your investment capital to market and promote, drive your Big Idea, and chase the entrepreneurial dream.

Depending upon what you want your business to do, it's possible to launch it with a surprisingly low investment. That said, beware predatory vendors out there claiming they'll give you their amazing money-making machine for free. Such wild claims are, well, wild. The key thing to remember is that you are promoting your own Big Idea - don't get distracted with people who want to get you to sell theirs. As you look for platforms, affiliate programs, even physical products, don't tie yourself down to something that doesn't help you promote your own business, first and foremost.

Here's the bad news: you still have to be the one with the drive to succeed. Some people will claim they can do that part for you, but it won't work. Like you would in any business, at any time in history, you have to supply the energy, the hard work, some investment, and the Big Idea. That's what has always defined entrepreneurs: they're the people who seem to create something out of nothing by having both a great imaginative vision and the practical drive to see it through to reality.

Think about an online business. If you have an entrepreneurial itch, the internet may be the best place to handle it without a lot of scratch.

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Home > Small-Business-Consulting > Michael Hume > Online Business What No Big Bank Loan >
Article Tags: business finance, business investment, internet entrepreneurs, online entrepreneur

About the Author: Michael Hume
RSS for Michael's articles - Visit Michael's website

Michael Hume is a speaker, writer, and consultant specializing in helping people maximize their potential and enjoy inspiring lives. As Founding Consultant of Agents of Personal Change (APC), LLC, he coaches executives and leaders in growing their personal sense of well-being through wealth creation and management, along with personal vitality. Those with an entrepreneurial spirit who want to make money "one less thing to worry about" can learn more about working with Michael at http://tinyurl.com/myownbiznow  Anyone wanting to jump-start their vitality can browse through the best (and most travel-friendly) nutraceuticals on the market at http://www.vibeforme.com/239824 Michael and his wife, Kathryn, divide their time between homes in California and Colorado. They are very proud of their offspring, who grew up to include a homemaker, a rock star, a service talent, and a television expert. Two grandchildren also warm their hearts! Visit Michael's web site at http://michaelhume.net 

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Related Forum Posts
You can see my Bank statement......... You can see my Bank statement......... - Hi there, Today we are bombarded with 'Business Opportunities' by the multitude. I believe it is possible to earn a lot through the internet, but it is hard work. Nobody gets it very easy on a long term basis. [b][b]How much notice do people take[/b], [/b]when the Bank Statements are shown as means of 'how credible' their business idea is? Are they always totally true? They look authentic. The whole industry is growing rapidly. What is your experience? Is there any regulation in presenting the 'Bank Statement' or other statements from 'Click Bank' etc ? Kindest Regards Beat "Unlock People's Potentials!"
BDC BDC - [quote="IWDCanada":jib6tqt9]I think if you try to do business in the Maritimes the Business Development Bank of Canada might be able to provide grants.[/quote:jib6tqt9] On that note, does anybody have any experiences with the Business Development Bank of Canada that they would like to share? I have been considering approaching them for a business loan.
Re: BDC Re: BDC - [quote="Jones":255lkmrn][quote="IWDCanada":255lkmrn]I think if you try to do business in the Maritimes the Business Development Bank of Canada might be able to provide grants.[/quote:255lkmrn] On that note, does anybody have any experiences with the Business Development Bank of Canada that they would like to share? I have been considering approaching them for a business loan.[/quote:255lkmrn] I'll be working with the BDC later this month on a few projects. From what i've been told they are really great when it comes to small business. Their loans have a little higher interest but their payment terms are a lot easier to swallow. I can give you a contact if you need.
New Small Business Topic New Small Business Topic - Hello everyone, I'm on the lookout for new topics to add to my site. We just launched a Franchising section and are planning Human Resources section. Do you have any thoughts for a new section? Here's a list of what we currently have: Angel Investors Branding Bank Loans Business Coaching Business Plan Franchises (New) Insurance Legal Marketing Public Relations Sales Small Biz Loans Venture Capital
Re: Quick Ways To Utilize SEO Effectively Re: Quick Ways To Utilize SEO Effectively - 1. If you dont want too much competition from other SEO's, choose your keywords precisely.For example, Instead of keyword Loan choose keywords like Bank Loan, Equity Loan, Student Loan, Home Loan etc. Order of keyword also matter for search engines. Search engine treats ?Loan Equity? and ?Equity Loan? as different keywords. 2. Best seo practice is to get at least one of your primary keywords in domain or sub domain name of your website. You can use hyphens (-) to separate multiple keywords. For example: seo-service, seo-guidelines, free-seo each cover two keywords. 3. Get your second or third keywords in your directory name and filename. 4. Keep your webpage free from any syntax error, declare document type at the beginning and validate your HTML and CSS because search engine don?t like pages with too many errors. 5. Give a short Title in of your page in 3-9 words (60-80 characters) maximum in length containing your primary keyword. Remember it will be displayed in search results so choose wisely. 6. Try to include your most important keyword phrases in heading tags on your page if you can but keep in mind it should not be exactly same as title of your page. You can use (H1 H2 H3) tag for specifying anything important. To reduce size of heading use CSS. 7. Specify Meta keywords in heading of document. Limit it to 15 to 20 words. Although not all the search engines give importance but there is no harm doing it. Search engine like Yahoo still give it importance. 8. Write Your Meta Description tag attractive containing keywords because it will appear on the search engine result pages. 9. Use text for navigation menu instead of using images or Java scripts. 10. Try to include your most important keyword in hyper linked text and text and text that immediately precedes or follows the hyperlink. Do not use same keyword always use synonyms at few places. Just like instead of seo, I have use search engine optimization at many places on this page.


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