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Hub You - Top 7 Reasons to Start an E-Commerce Web Site in Vancouver and British Columbia
So often we find that entrepreneurs are looking for venture capitalists to fund their next adventure. Unfortunately many entrepreneurs do not understand that venture capitalists are pretty industry-specific at least the very good ones are. Why is this you ask?Well, because even venture capitalists have limited amounts of resources and hundreds and hundreds of deals that people want them to do. They cannot use them all and they want to make sure they get the most bang for their buck; that includes the quickest return on inv
I live in a small town in Idaho. It is a rural community with a small state college. Of the small population here, one-third is college students. Not exactly a “booming” economy with plenty of customers beating down my door! So, in order to make a living, I have to find my clients elsewhere. Actually, I find millions eve
Some say that in business as in sex: if it is good, it’s great and if it is bad it’s still pretty good. This does not happen to be true. If business is bad, it can get very bad. There are personnel problems, production expenses, overhead, laws, taxes, fines. Faulty financial decisions, inability to accurately evaluate the situation and quickly resolve problems all lead to an extremely high mortality rate among new business: up to 95% do not survive past their first 12 months.Modern business management is an art, based on a ce
Since 1985, I have owned a construction company, a homeschool bookstore, a web sites development company, an e-commerce coaching company and several other internet-based companies. Through all of this, I have become something of an e-commerce expert, but I am always in search of the "perfect" business.
With this quest in mind, I decided to reflect upon my self-employment history and write down the characteristics of the "perfect" business.
Requirements for the "perfect" business:
#1 - No debt.
Debt makes everything happen too fast. It puts too much pressure on your business. Debt is the #1 reason most businesses fail in the United States and Canada.
#2 - Something that can start small.
You don’t want to bite off more than you can chew. If you have never had one employee, you do not want to start off with ten of them! Especially with the regulations in Vancouver, BC or the rest of Canada. Remember, all things need a chance to incubate before they can grow...and your e-commerce business is no exception.
#3 - Must include my kids.
The whole purpose for my starting a family e-commerce business was to spend more time with my family. If I start a labor-intensive business in my garage and never see my kids, what is the point?!?
#4 - Low capital investment
If you had a ga-zillion dollars, you wouldn’t need to start an e-commerce business!
#5 - Low time investment
Nuff said! Hey, you have a lot to see in Vancouver and British Columbia. You want a business that will work for you while you are out seeing the sights.
#6 - Generate passive income
Again, I can’t start creating wealth until my passive income exceeds my monthly expenses. I want to earn money when I sleep (or while I’m on vacation!).
#7 - High reward for little risk
Hey as long as we are dreaming, I might as well throw this one in as well. I do not want to take huge risks, but I do want a huge upside potential!
Now, I’m not asking much...am I?
Actually, the only thing I know that meets all of these requirements is an e-commerce business. I know of no other business where you can invest less than $65 (domain name and a hosting service) and start selling products within 4 hours. And with eBay, it is even cheaper and quicker than that!
Honestly, anyone can set up a simple web site with a product, drive customers to the site, make the sale and ship the product. This is not rocket science. And it is not the private domain of “techies”, experts or specialists. You don’t even need a merchant account. If you can type a document in Microsoft Word and check your email, you can do this. Believe me. Oh, you may have to know how to apply packing tape to a package, but I think you will get the hang of that!
I live in a small town in Idaho. It is a rural community with a small state college. Of the small population here, one-third is college students. Not exactly a “booming” economy with plenty of customers beating down my door! So, in order to make a living, I have to find my clients elsewhere. Actually, I find millions ever
When it comes down to commerce in business today, utilizing the ever popular trend of affiliate internet marketing has led many to believe that it is essential to implement it into your business strategy. The area of affiliate internet marketing is actually still quite fresh to many businesses but never the less it is an area of business that is multiplying and would appear to be working with an element of simplicity.The primary concept here is very basic: If you want to market your product and have affiliates promote this on
Requirements for the "perfect" business:
#1 - No debt.
Debt makes everything happen too fast. It puts too much pressure on your business. Debt is the #1 reason most businesses fail in the United States and Canada.
#2 - Something that can start small.
You don’t want to bite off more than you can chew. If you have never had one employee, you do not want to start off with ten of them! Especially with the regulations in Vancouver, BC or the rest of Canada. Remember, all things need a chance to incubate before they can grow...and your e-commerce business is no exception.
#3 - Must include my kids.
The whole purpose for my starting a family e-commerce business was to spend more time with my family. If I start a labor-intensive business in my garage and never see my kids, what is the point?!?
#4 - Low capital investment
If you had a ga-zillion dollars, you wouldn’t need to start an e-commerce business!
#5 - Low time investment
Nuff said! Hey, you have a lot to see in Vancouver and British Columbia. You want a business that will work for you while you are out seeing the sights.
#6 - Generate passive income
Again, I can’t start creating wealth until my passive income exceeds my monthly expenses. I want to earn money when I sleep (or while I’m on vacation!).
#7 - High reward for little risk
Hey as long as we are dreaming, I might as well throw this one in as well. I do not want to take huge risks, but I do want a huge upside potential!
Now, I’m not asking much...am I?
Actually, the only thing I know that meets all of these requirements is an e-commerce business. I know of no other business where you can invest less than $65 (domain name and a hosting service) and start selling products within 4 hours. And with eBay, it is even cheaper and quicker than that!
Honestly, anyone can set up a simple web site with a product, drive customers to the site, make the sale and ship the product. This is not rocket science. And it is not the private domain of “techies”, experts or specialists. You don’t even need a merchant account. If you can type a document in Microsoft Word and check your email, you can do this. Believe me. Oh, you may have to know how to apply packing tape to a package, but I think you will get the hang of that!
I live in a small town in Idaho. It is a rural community with a small state college. Of the small population here, one-third is college students. Not exactly a “booming” economy with plenty of customers beating down my door! So, in order to make a living, I have to find my clients elsewhere. Actually, I find millions eve
Do you want to know how to make money selling on eBay? Start by establishing the goal that you will be a top quality seller. Develop a list of actions that you will take to make that goal a reality. The list of actions will be long, but achieving them will have a very positive impact on your eBay business.Those who know how to make money selling on eBay know that there are several key actions that every top quality seller needs to take. Top on the list is to over deliver in every aspect of the business. It is never leaving a
The whole purpose for my starting a family e-commerce business was to spend more time with my family. If I start a labor-intensive business in my garage and never see my kids, what is the point?!?
#4 - Low capital investment
If you had a ga-zillion dollars, you wouldn’t need to start an e-commerce business!
#5 - Low time investment
Nuff said! Hey, you have a lot to see in Vancouver and British Columbia. You want a business that will work for you while you are out seeing the sights.
#6 - Generate passive income
Again, I can’t start creating wealth until my passive income exceeds my monthly expenses. I want to earn money when I sleep (or while I’m on vacation!).
#7 - High reward for little risk
Hey as long as we are dreaming, I might as well throw this one in as well. I do not want to take huge risks, but I do want a huge upside potential!
Now, I’m not asking much...am I?
Actually, the only thing I know that meets all of these requirements is an e-commerce business. I know of no other business where you can invest less than $65 (domain name and a hosting service) and start selling products within 4 hours. And with eBay, it is even cheaper and quicker than that!
Honestly, anyone can set up a simple web site with a product, drive customers to the site, make the sale and ship the product. This is not rocket science. And it is not the private domain of “techies”, experts or specialists. You don’t even need a merchant account. If you can type a document in Microsoft Word and check your email, you can do this. Believe me. Oh, you may have to know how to apply packing tape to a package, but I think you will get the hang of that!
I live in a small town in Idaho. It is a rural community with a small state college. Of the small population here, one-third is college students. Not exactly a “booming” economy with plenty of customers beating down my door! So, in order to make a living, I have to find my clients elsewhere. Actually, I find millions eve
While it may seem obvious that competition poses a threat to the success of your business many organizations fail to effectively track their competition within the marketplace.This is important for a number of reasons – one (the obvious one) they take possible revenue and secondly they often provide innovations within your marketplace, they expand opportunities and they influence your customers. By doing this competitors constantly force your organization to develop strategies and satisfy customers.Who are you
#7 - High reward for little risk
Hey as long as we are dreaming, I might as well throw this one in as well. I do not want to take huge risks, but I do want a huge upside potential!
Now, I’m not asking much...am I?
Actually, the only thing I know that meets all of these requirements is an e-commerce business. I know of no other business where you can invest less than $65 (domain name and a hosting service) and start selling products within 4 hours. And with eBay, it is even cheaper and quicker than that!
Honestly, anyone can set up a simple web site with a product, drive customers to the site, make the sale and ship the product. This is not rocket science. And it is not the private domain of “techies”, experts or specialists. You don’t even need a merchant account. If you can type a document in Microsoft Word and check your email, you can do this. Believe me. Oh, you may have to know how to apply packing tape to a package, but I think you will get the hang of that!
I live in a small town in Idaho. It is a rural community with a small state college. Of the small population here, one-third is college students. Not exactly a “booming” economy with plenty of customers beating down my door! So, in order to make a living, I have to find my clients elsewhere. Actually, I find millions eve
We are bombarded with thousands of marketing messages daily…on television and the radio, on the internet, in magazines and newspapers, on billboards and other signs, and even at the bottoms and on the backs of receipts. The world is, indeed, a very noisy place. And in order to get heard, we need our marketing messages to be clear and concise.A vague message is one that isn’t easily understood – it doesn’t speak to a potential customer or client. To be successful in business, our messages must clearly target a specific audi
I live in a small town in Idaho. It is a rural community with a small state college. Of the small population here, one-third is college students. Not exactly a “booming” economy with plenty of customers beating down my door! So, in order to make a living, I have to find my clients elsewhere. Actually, I find millions everyday. Now, not every one of them buys from me, but the fact remains, I have access to a huge client base through the power of the internet. And I imagine you face a similar problem in Vancouver, BC and the lower mainland.
I sell to people everyday that I have never met. This is an amazing concept. If you already have a business, I hope you see the huge potential you are missing if you are not making some portion of your sales through e-commerce.
What would you give to double your current customer base?
How much do you spend in a year on traditional advertising methods trying to win new customers?
I don’t care what you sell, there is something related to your service or product that you could sell on the internet. And the cool thing about the internet is once you set it up, it keeps selling and selling and selling…
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