10 Things You Need To Know Before Starting Online Business

10 Things You Need To Know Before Starting Online Business
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Table of Contents:
0:00 Introduction
0:06 10 Things Before Starting An Online Business
0:31 Do You Need a Business?
1:26 Taxes
2:08 Passive vs. Active
2:46 Startup Costs
3:27 Ongoing Costs
3:59 How Many Competitors
4:52 Timeframe to Profit
5:25 How Do You Get Paid
5:43 Buy a Business
6:08 Sell Your Business

In this video you'll learn 10 things you need to know before starting an online business. There are many online business ideas to start but not many people will educate you on the most common beginner mistakes. This video explains the most common online business mistakes beginners make, and how to avoid them. You'll also learn some practical pieces of advice I wish someone shared with me when I was starting my first online business 10 years ago. Enjoy!

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*This video is not to be construed as investment advice, everything shared is my opinion. Some of the links above include affiliate links. I'm part of an affiliate network and I receive compensation from partner websites at no extra cost to you. This video is accurate as of the posting date but may not be accurate in the future.