Knowing very little about how internet businesses work, I begin a quest to buy/start one. This blog tracks any research that I conduct, or any interesting material that I may come across.

Wednesday 4 July 2012

I must begin this blog by explaining how little I actually know about this, and my motivation for wanting to get involved with internet businesses. Let's start with the easy bit, the motivation.

Having thought long and hard about what type of lifestyle is appealing to me, the life of an online/internet based business has come out on top. My reason for this is that the business can be run from anywhere with an internet connection. The idea of having that much freedom is incredibly appealing to me. It also makes the business scalable.

A person has an enormous amount of control over how many hours they put in versus the amount of revenue they generate. Coming from an auditing background where your revenue is based on hours billed, I know how working by the hour can be the devil. This is my attempt at sidestepping that, and at the same time gaining the freedom to enjoy life. Having said all this, I must confess that my knowledge about internet based businesses is limited.

At this point, I have had this idea for about two weeks, and I have done some research. The research revealed to me that the only way to really learn about a few things is to do them, hence this blog has started to take shape. The only thing I know about SEO is that it exists. It is even an ordeal get this blog to look anything like I want it to! I really am an absolute amateur at this. All I have is a dream and a willingness to learn.

The quest is as follows:
1) Find out what kinds of web businesses there are out there
2) Learn about the vital aspects of tracking internet businesses
3) Find internet businesses, and brokers
4) Learn how to finance an internet business
5) Find out what comes next, and how to decide on a business, and a strategy to follow
6) Whatever else I come across that needs to be explored.

Enough blabbing, let the journey begin.

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