Traditional Business Model Vs Online Business Model
Traditional Business Model Vs Online Business Model
A friend asked me few days ago why in the world you spend so much time in online. He’s idea was doing a real business instead sitting front of a computer in your own home. To him it seemed impossible and pointless to do business online. He had very strong old tradition roots how to make business. We argued in what way is easier to make your first million. He said it’s better to do with traditional business model I stayed to online business model. You can make your own decision but I tried to explain him why I think online business model is better than offline although he did not agreed with me. I used following comparison to explain him why online business is better.
Traditional Business Model
- Need’s more investing – 5000.00$ – 10000.00 $– Most people would need to get a loan for that kind of money if they want to build their own business.
- Takes year(s) until business get’s into profit.
- You need to be at many places. - Contracts, partnerships, meetings.
- You marketing can be limited very easily – If you market in Europe It’s difficult to sell your products to South America
- Need to pay for products delevery
- Need to have many employees.
- Need to have inventory
- Need to pay the rent.
- You have less freedom.
Online Business Model
- You have to invest less – $200-750 - It’s possible to start even less than $100.
- Takes only months until business gets into profit.
- You can do your all work at home.
- Whole world is opened to you.
- You can work alone or with a small team. - People from your team can be all around from the world.
- No inventory needed
- No need to pay the rent
- You have more freedom
To Your Success And Prosperity
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