Starting An Online Business – What To Buy, Broken Down By Budget

We live in a beautiful time for entrepreneurship.

The internet has leveled the playing field, and makes it easy for just about anyone to compete in a global marketplace, even without a very large budget. It is even possible to start an online business with no money whatsoever!

However, although it’s possible to start an online business for free, it certainly becomes much easier if you have a little bit of money to work with.

I was one of those people that started from nearly nothing – I remember having to beg my grandmother for $20 to buy web hosting and a domain name. I was only 14 at the time, and had no real income source to work with.

Today, my brands have sold hundreds of thousands of units, and I’ve worked with entrepreneurs around the globe to help them achieve a similar level of success.

Do not let your lack of money stop you from pursuing entrepreneurship – I promise you that it can be done without a large budget. However, if you do, there’s certainly opportunities to build success more quickly.

In this article, I will recommend my best purchases based on your starting budget. This article will be aimed towards people who want to start online businesses – either eCommerce shops (selling physical or digital goods to customers), affiliate marketers, or other content-based entrepreneurs (such as bloggers, YouTubers, and podcasters.)

Let’s get into it!

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Multiple Failed Businesses? Here’s What To Do Differently Next Time

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There is only one thing more frustrating than pouring your heart and soul into a business, only to see it fail.

Doing it several times.

Launching one venture after another, truly giving it your all, only to ultimately realize that its going nowhere.

Each time this happens, you begin to feel worse and worse about this whole entrepreneurship thing. It seems so far out of reach, and you have no idea what could possibly be going wrong so many times. Why it appears so easy to everyone else, but regardless of how hard you work, you just can’t seem to pull it off.

Maybe, you even start believing that you’ve been lied to, and this is all a huge scam.

Don’t worry.

I know how this feels, because it’s something I went through myself. It took me years before I began attaining any success at all, and I have had a large number of failures between them.

The fact of the matter is, even if you do everything right, and you have a solid strategy in place, things still may not work out.

Other times, the shortcomings may be caused by your mindset – a lack of motivation, poor time management skills, or unconsciously setting mental hurdles that make your entrepreneurial journey more difficult.

If any of this sounds like it applies to you, read on – this may be one of the most important articles you’ve come across. We’re going to analyze the root causes of business failures in more detail, and develop a plan that will ensure with absolute certainty that you will achieve success with future ventures.

Let’s begin, with the first step.

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Warning: Reconsider Hosting Your Blog On WordPress.com

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When you’re just starting out as a blogger, it can be tempting to start your blog on a free web host, such as WordPress.com, Blogger, or Blogspot.

However, did you know that this is one of the biggest mistakes you can make, and not one that can be easily corrected in the future?

It’s true – while you may have seen many people blogging on a WordPress.com domain, starting your blog there is equal to shooting yourself in the foot, and then trying to run a marathon. Simply put, it’s a terrible idea.

Let me explain why.

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7 Tactics To Pull Off Your Side Hustle, While Working A Regular Job

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You’d never know it, but running my personal brand here is actually my side hustle.

It’s [11:30] PM as I write this blog post – I spent the day at my main company’s offices, managing my team of employees and coordinating the next big import of goods from China.

With only a few hours left before bed, I will get more done to build my personal brand than many people would if it was the only thing they were working on each day.

There’s nothing special about me, or the way I do things, however. I’ve simply learned over the course of nearly a decade running online businesses that there are certain ‘tricks of the trade’, allowing you to get so much more done each day, in less time.

In this article, I hope to share some of these with you.

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Blogging: Good, Fast, Cheap. Pick Two.

How many times have you had someone try to sell you the ‘magic formula’ that would instantly take your blog to massive success?

How many gurus have you landed into that sell the dream, tricking you into believing that online success is as easy as buying their (ridiculously priced) program?

Unfortunately, you can’t have it all.

When it comes down to achieving blogging success, it comes down to this:

You can have it good, you can have it fast, or you can have it cheap – but you can only have two of the three.

This means any way you go about it, you have to make choices, and you have to make sacrifices.

Let’s over each one of these combinations so you can decide which will fit your style the best.

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Define What You Truly Want From Blogging

Why are you reading this post right now?

What are you hoping to gain?

Why did you hop on your computer today? What are you doing now that is going to have a lasting impact on your life? Do these actions align with your true goals?

I’ve had a lot of thinking to do in recent lengths about my future. Another company of mine has taken off, and it looks like in terms of profit it’s going to end up doing far better than my blog ever has (which is saying a lot, because James McAllister Online sales have been growing drastically as well.)

So why am I still here?

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