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Monthly Recurring Costs/Expenses In Order to Start Web-Online Business

broswoodwork

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I love my spreadsheet! :D
I'm clearly on some epic contributors ignore list for daring to speak up, when I felt like you were being bullied in your other thread, but dude... you need to focus on something you can do TODAY that sells.

How about spreadsheet templates? You seem to have a knack for them.

Hang in there, keep learning, and don't spend money affiliate journey blogging, bro. :)
 

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Ismails

Ismails

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May 7, 2019
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I'm clearly on some epic contributors ignore list for daring to speak up, when I felt like you were being bullied in your other thread, but dude... you need to focus on something you can do TODAY that sells.

How about spreadsheet templates? You seem to have a knack for them.

Hang in there, keep learning, and don't spend money affiliate journey blogging, bro. :)
Dude I like your thought process.
Its 100% crystal clear that, you have thick skin in your life which is awesome
I get your point about Selling
But My Current Situation is still at Early Adopters level
I have to have bare minimum journey with best possible result
 

broswoodwork

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Dude I like your thought process.
Its 100% crystal clear that, you have thick skin in your life which is awesome
I get your point about Selling
But My Current Situation is still at Early Adopters level
I have to have bare minimum journey with best possible result
I made $4000 in the last 48hrs. Not bragging, because I know there's dudes in this thread that make that daily with minimal work, but I made it because 4 or 5 yrs ago (lost track) my girlfriend/wife told me to sell the coffee table I built for her on Craigslist after I got laid off from a staffing job.

Just start selling shit today.

Take quick inventory of what you can do good enough right now (skillset) to save a buyer enough time that you're worth the money, and run an ad on Craigslist or facebook tonight selling it for a little less than "the pros" do.

Make a sale. Figure out what needs improvement. Replicate with modification until it's a system.

Please start now dude. You're worth it!
 

mattsteinman

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May 13, 2019
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How Can I be fairly certain about Monthly Recurring/Operating Costs so that I can start, run and sustain a online business ?
It all depends on what you want to accomplish.

Are you going to be selling physical or digital products? Affiliate marketing?

Generating organic traffic on Facebook is a great way to start. Create a Facebook Group around your niche to start attracting your audience by participating in other Groups where your audience hangs out.

Once you start generating some conversations and people start reaching out to you (after you provide value upon value) start optimizing your Facebook Profile to drive people to your offer/product.

You can start with a basic Wordpress website. You'll need a hosting package and a theme builder.

I would keep the costs minimal for the first 6 months. Don't get caught up in all the shiny tools out there. They are just that, tools.

The skills you need to develop to be a successful internet marketer are the following:
  1. Ability to generate leads
  2. Copywriting
  3. Sales and Presenting
Work on those as you build your audience and brand (depending on what your goals are).
 
OP
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Ismails

Ismails

Contributor
May 7, 2019
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It all depends on what you want to accomplish.

Are you going to be selling physical or digital products? Affiliate marketing?

Generating organic traffic on Facebook is a great way to start. Create a Facebook Group around your niche to start attracting your audience by participating in other Groups where your audience hangs out.

Once you start generating some conversations and people start reaching out to you (after you provide value upon value) start optimizing your Facebook Profile to drive people to your offer/product.

You can start with a basic Wordpress website. You'll need a hosting package and a theme builder.

I would keep the costs minimal for the first 6 months. Don't get caught up in all the shiny tools out there. They are just that, tools.

The skills you need to develop to be a successful internet marketer are the following:
  1. Ability to generate leads
  2. Copywriting
  3. Sales and Presenting
Work on those as you build your audience and brand (depending on what your goals are).
Thanks a lot. I appreciate you
 

biophase

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Ok, let's look at this analogy.

Me: I going to document my business on Youtube with a daily vlog about my business. How much would a good video camera, lighting and editing software cost?

You: That's great, what is your business about?

Me: I don't have one yet, but I'm going to document me starting one from scratch.

What is your priority here, starting a business or making videos?
 
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Ismails

Ismails

Contributor
May 7, 2019
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Ok, let's look at this analogy.

Me: I going to document my business on Youtube with a daily vlog about my business. How much would a good video camera, lighting and editing software cost?

You: That's great, what is your business about?

Me: I don't have one yet, but I'm going to document me starting one from scratch.

What is your priority here, starting a business or making videos?
I don't know
Since I am beginner level - sooner or later I will figure it out by testing & optimizing
It costs $$$ to run a project
 

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LittleWolfie

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My Question is: How Can I be fairly certain about Monthly Recurring/Operating Costs so that I can start, run and sustain a online business ?
Run your own hardware and software.

Business class Internet £64.99 a month
Hardware - one off £500 or so
Hardware upgrade £30 pcm
Open Source Software £0
Domain name £2.37 pcm
Electric-variable per website traffic and local heat level
Rent £630 pcm

That gives you pretty good certainty on costs. One of the reasons there is a growth of data centres in places like Canada and Iceland is because of the certainty of hydro&geothermal power costs and the low cost of cooling.

Old laptops make pretty decent basic webservers(battery included) These guys run a website on a solar powered raspberry PI,.

Of course now your going to have to code most of the software you need and deploy it yourself, or you need to hire someone to do it for you.

Of course now your paying for the privilege of certainty.

Me: I going to document my business on Youtube with a daily vlog about my business. How much would a good video camera, lighting and editing software cost?

You: That's great, what is your business about?
The solution here is to use the cheapest camera ,lighting and editing software you can get that does the job. Webcam £20 or basic android phone with camera £40, editing software free (Youtube has some built in or you can download open source stuff for free) Lamp £5 from charity shop, pack of bulbs , £1.99

Now you can get started documenting.
 
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Ismails

Ismails

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May 7, 2019
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It's like your mindset is to be forever fixed on never making money....
Demarco Sir already Taught in his real estate forum: Value your Time as Primary & Money is Secondary
 

jcvlds

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Demarco Sir already Taught in his real estate forum: Value your Timmay e as Primary & Money is Secondary
Yeah. But you are misinterpreting the context and underlying meaning of what he means by valuing your time over money.

Mostly, people think of making money only in terms of trading their time for money, i.e. a traditional job wherein you work a set amount of hours per week and get paid a fixed salary appropriated for the time you put in.

Escaping that mindset allows you to think unscriptedly and look for fastlane ways to make money, disassociated with the amount of time you work.

That differs from your current mindset, in which you have no targeted goal to your "journey" and have no model in mind for how it will make money. At least you have not clearly stated it on this thread and which is why everybody is confused at what you are attempting to accomplish.

On top of not having a clearly defined goal and model for making money, you are erroneously applying the "value time over money" idea to excuse yourself from thinking how you will generate money. Thus, the only logical thing that will conclude for you is that you will be forever stuck in "generating content" with no aim whatsoever, and never make any money.

Money generation will not just magically occur. People here are trying to help you see that. Yet you are blinding yourself with the mentality that if you "put in the time to 'make content'" and "value your time over money" you will somehow, someway make money, in the distant future.

I hope it works out for you. But better yet, I hope you realize what people here are trying to make you see and understand, and then your chances will increase.
 

LittleWolfie

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It costs $$$ to run a project
I'm working on this too. Let us try anothet approach. Make a project budget sheet and then talk about what we need to spend the money on

Then see if free alternatives are availble or if we can barter for those items you will spend $$$ on

You can give me a cut of the proceeds.
 

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