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The realities of earning $10,000 + a month online or in business in general
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<blockquote data-quote="skptc" data-source="post: 1206644" data-attributes="member: 7613"><p>Capital helps no doubt. But most online businesses can be started optimally with 20-50k which can be saved up in a few years. I saved up this amount working in the military for 4 years living super frugally.</p><p></p><p>I am not saying more can't help and speed up the growth curve but it is not absolutely necessary.</p><p></p><p>All of the business models I stated require very little capital in fact (except for software if you are non-technical). Even ~10k is enough as long as you have some available credit for scaling your ads. If you don't then you can easily find someone to finance your ads after you have some traction.</p><p></p><p>I started my software business with $0. I convinced a developer friend to work for equity and getting paid the first $XX,XXX in revenue. </p><p></p><p>There is always a way.</p></blockquote><p></p>
[QUOTE="skptc, post: 1206644, member: 7613"] Capital helps no doubt. But most online businesses can be started optimally with 20-50k which can be saved up in a few years. I saved up this amount working in the military for 4 years living super frugally. I am not saying more can't help and speed up the growth curve but it is not absolutely necessary. All of the business models I stated require very little capital in fact (except for software if you are non-technical). Even ~10k is enough as long as you have some available credit for scaling your ads. If you don't then you can easily find someone to finance your ads after you have some traction. I started my software business with $0. I convinced a developer friend to work for equity and getting paid the first $XX,XXX in revenue. There is always a way. [/QUOTE]
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