Category: Online Business

Online business  has enabled entrepreneurs to do their work from almost everywhere in the world by using modern technologies such as computer, phone, iPad, etc. In fact, it gives the opportunity to all the entrepreneurs to work all over the world and give proper freedom to express their inner talents. Creating an online business is all about increasing your network of communication with your potential buyers.

What is an online business? How does it work? How to earn money? How to start it? Is there any course or degree needed to achieve to do online business? All of these questions should come across anyone’s mind before starting an online business. Online business is a business based on building a network via modern devices and a very easy way to earn money without working for long hours and under no difficult circumstances  to prove yourself. Online businesses are getting popular day by day. As it is easy to start an online business than start business and also gives opportunity to everyone to start it whenever wherever they live. Nowadays it’s getting popular and fast-growing profession in the world. Online business has a huge impact on makeup industry. For example, most of the makeup companies  are also based on mostly online nowadays, as it is easy to purchase makeup by following a few steps via online. It helps both customers and sellers and also makes the job easy for both of them. That’s why if you investigate about the success of  all the young billionaire’s they will give most of the credit to the Internet and how this help them to grow in such a short time. According to Forbes magazine, Kylie Jenner is the youngest billionaire of 2019 . The reason of her successful life mostly depends on online business which is based on makeup that featured by her name. According to Kylie, she started to get more customers just to promote her business through some social medias like Snapchat, Instagram.

https://www.forbes.com/sites/forbesdigitalcovers/2018/07/11/how-20-year-old-kylie-jenner-built-a-900-million-fortune-in-less-than-3-years/#1bfd4db3aa62

So moreover online business gives the opportunity to all type of people around the world that you can start your business without having a big slot of cash investment and can grow such a short period of time. And it gives you the freedom of choosing your own work hours and also helps you to grow faster than any other business.

https://www.thebalancesmb.com/start-online-business-with-no-money-4128823

Online business are bringing a huge change in business industries and mostly the young generations are getting interested to start one. In rural areas you can start up an online business and reach to anyone around the world and earn money. Even developing countries like Bangladesh, most of the young women and housewives are doing online business via Facebook and selling cosmetics, dresses, makeup and doing freelancing ,web development and earning some extra money. According to the daily star female entrepreneurs are increasing in numbers in Bangladesh and they are more prone to online business.

https://www.thedailystar.net/women-entrepreneurs-get-new-e-commerce-service-28676

Creative people are getting recognized and starting selling their creative work either an art, or any creative homemade product via online. For example-Etsy become very renowned and well recognized websites for selling and buying creative products via online. And it’s giving opportunities to all the creative people an way to earn money at home by selling the products which they love to create and on the other hand people who love to buy some unique products they prefer buying from Etsy as well. That’s how online businesses are getting popular in new generation.

https://www.nytimes.com/2013/11/12/opinion/etsys-industrial-revolution.html

On the other hands,Freelancing  or web development are growing so fast and give people more opportunities to work and help to prevent unemployment.

Bibliography

• Robehmed, Natalie. “How 20-year-old Kylie Jenner built a $900 million fortune in less than 3 years.”Daily Cover Forbes, 11 July 2018,

https://www.forbes.com/sites/forbesdigitalcovers/2018/07/11/how-20-year-old-kylie-jenner-built-a-900-million-fortune-in-less-than-3-years/#1bfd4db3aa62 

• Edmondson, Brian. “5 online businesses you can start with no money.” The balance small business, 0 4 March 2019,

https://www.thebalancesmb.com/start-online-business-with-no-money-4128823

• Islam, Zahidul, Mohammad .”Women triumph in e-commerce.” The Daily Star, 08 March 2018,

https://www.thedailystar.net/business/women-triumph-e-commerce-1545139

• Clifford, Catherine. “How amazon founder Jeff Bezos went from the son of a teen mom to the world’s richest person.” CNBC, 31 Jan 2019,
• https://www.cnbc.com/2018/09/04/amazon-founder-jeff-bezos-from-son-of-teen-mom-to-the-worlds-richest.html
• Barber, Wayland, Elizabeth. ” Etsy’s industrial revolution.” The New York Times, 11 Nov 2013,
• https://www.nytimes.com/2013/11/12/opinion/etsys-industrial-revolution.html

 

Online business or E-commerce is being famous day by day. Mostly young adult who are studying in college  for them, it is a great opportunity to open an online business. Online businesses have changed present business systems completely. For being easy to open an online business, people are rushing to open an online business. It is great opportunities for entrepreneur to open an online business and generate income from home.

Online Business has dominated entire world. It has brought major changes in businesses industries and many business has shut down after develop online business. For example, Walmart has closed many locations after develop online business. Amazon playing major rule in online business and amazon is number one position than any other online business. According to the CNBC, “Walmart abruptly announced Thursday plan to close more than 60 of its Asm’s Club locations, or nearly 10 percent of its store fleet, across the country”. Dramatically, many people asking for refund which cost $45 annually mentioned in CNBC. This is wired how first online business has dominated intired world. In the future online business will broadly open to public, so I may anyone can have their online business.

Before it was hard to open an online business and now anyone can open an online business for themselves. For example, if you pay small amount money then you can have your own professional website. There are many website builder platform that anyone can use to build their their website. https://www.strikingly.com/ https://www.wix.com/  Strikingly and wix anyone can use those platform to make a website. Please keep it mind that they will charge little amount monthly basis. To make those website you can do by yourself or you can hired a professional website maker to work for you. To get the professional developers, you must have to pay them. Remember after all those experiences are not too much if you compare with any other business unlike online business. For example, if I open a business then I have to pay rent, worker, and electricity, but if I online business, I do not have to pay those extra expenses. So I am saving money in online business.  As a result, people are being drive to open online business that people can safe time and money.

Most important think by having an online business that you don’t have to go outside to work, you can do it from home. Online business has created jobs for many people  and online business also created source of income for many entrepreneurs. I would like to introduce you some of successful online business entrepreneurs, who has developed huge success in online business. There are some list of people who developed huge success through the online business : https://www.entrepreneur.com/article/244808

Even Harvart College provided many online courses for online business. Anyone can take those classes by setting in the home and fees are sweeetable for any middle class families to rich families. Some courses are started from $900 and I may those courses can be useful for anyone. https://online.hbs.edu/courses/business-analytics/

There are many potential opportunities for anyone who is interested to do online business. To start online business, you don’t need too much money. Just follow the above links and open your website, please remember little fees are applied to open an online business. If you compare those fees with other businesses then those fees are very minimal and anyone keep it up for long time without hassle of paying too much rent and stuff fees. According to Jill Stanton, Screw The Nine To Five has generated over $1.7 million since online business became a full-time focus for Josh and Jill in 2014.

 

 

 

Bibliography:

Smale, Thomas. “8 Successful Online Entrepreneurs You Should Be Following”. Opinions expressed by Entrepreneur contributors are their own, April 8, 2015, https://www.entrepreneur.com/author/thomas-smale.

Landry, Lauren. “TIPS FOR SCALING YOUR BUSINESS”. Entrepreneurship, Live, Scaling Ventures, 07 MAR, 2019, https://online.hbs.edu/blog/post/how-to-scale-a-business

Caprino, Kathy.“How To Start The Right Online Business To Match Your Personality”. Part of the series “Leading Entrepreneurial Success Today”, Mar 18, 2019, https://www.forbes.com/sites/kathycaprino/2019/03/18/how-to-start-the-right-online-business-to-match-your-personality/#10230454132e

• Emdad Khan
• Nazwa Munia