If you haven’t already taken the plunge to start an online ebusiness, now is the time! The rising costs of gas, food, and almost everything else is forcing us all to have to make more money just to make ends meet. In addition, everyone’s job is potentially on the line, as companies will be forced to make hard decisions and deep cuts as the economy gets worse and the recession looms larger. So not only do you need more money right now, but the threat of losing your job completely gets more real as each day passes.

Now is the time to start your ebusiness. It may not help you financially in the short term, since few new sites make much money right away. But you’ll be that much closer to pulling a profit from it later on when you need it most, if you start now. While you still have a job, it can begin to supplement your income, helping you pay the extra costs for gas and food. If you later lose your job, it may be doing well enough to help you get by while you search for another. And with any luck (and some hard work), it may even be able to completely replace that 9-5 job at some point.

I like to always follow the “just in case” theory. Being prepared “just in case” something goes wrong is a good plan. Waiting to start an ebusiness after you’ve been laid off (like I did several years ago) means you’ll be making next to nothing at a time when you need money the most. You’re much better off to have started your site, developed it over time, discovered ways to make it grow and become profitable, so that when the pink slip arrives at your desk, you’ve got a little peace of mind knowing you are somewhat ahead of the game.

And if you never get that pink slip? Great! All that means is that your ebusiness is supplementing your income, and that’s always a good thing.

(from Smash Mouth. "AllStar" Astro Lounge. Interscope Records, 1999.)

Posted on April 25th, 2008 by DazzlinDonna
Filed under: Business Development