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Beschreibung

The must-read summary of Scott Fox’s book: “Internet Riches: The Simple Money-Making Secrets of Online Millionaires”.

This complete summary of the ideas in Scott Fox’s book “Internet Riches” shows that at least 58% of all employees dream of starting their own business but hesitate because of ‘insufficient financial resources’. In his book, Scott Fox explains that an internet business can be set up with minimum investment and there is no reason why the business cannot be a success. By following his methods of cash-flow analysis, business plan analysis, how to search for niches and how to grow the business, you can set up your dream company and watch it succeed.

Added-value of this summary:
• Save time
• Understand key concepts
• Expand your business knowledge

To learn more, read “Internet Riches” and find out how you can set up your own successful company with the minimum investment.

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Seitenzahl: 39

Veröffentlichungsjahr: 2013

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Book Presentation: Internet Riches by Scott Fox

Summary of Internet Riches (Scott Fox)

Book Presentation: Internet Riches by Scott Fox

Book Abstract

MAIN IDEA

The Internet continues to fundamentally and permanently change the rules of business and the business landscape as a whole.

One area in particular where the availability of access to the Internet has had a dramatic impact is the ease with which anyone can now start and operate their own online business, even while holding down a full-time job elsewhere. Surveys have suggested at least 58-percent of all employees dream of one day starting their own business but have hesitated to do so because of “insufficient financial resources”. It is now possible to use all the web-based tools and services available to set up a worldwide Internet e-business for less than $25 a month. That places starting and running an e-business within reach of almost everyone.

Simply put, right now is a great time to develop your own creative business idea and set it up as an e-business. The Internet is having the effect of allowing little guys to compete on an even footing with the large corporations and other established players. If you play your cards right and succeed in building a successful online business, you can literally build a multi-million-dollar enterprise and become your own boss. The risks involved in starting and operating a new business have never been lower so now is the time to get into action and make things happen.

“Since 1994 I have worked with dozens of startup e-commerce companies that have gone on to generate many millions of dollars in sales in a variety of industries. Every year I have found that it has gotten easier and cheaper to start an e-business: Online audiences have gotten larger and more familiar with online shopping. Online advertising and sales revenues have increased. Website-building tools have become cheaper and easier to use. Technical and content expertise has become more widely available and cheaper. And the software that runs Web sites has gotten more reliable, faster, cheaper, and more powerful, too. In 1996, a company would have raised millions of dollars in venture capital to get started; today, that small company can often bootstrap its way to success with minimal investment from its founders. This trend has the potential to benefit everyone who has ever wanted to be his (or her) own boss while reinforcing America’s greatest competitive advantage: entrepreneurship.”

– Scott Fox

“Contrary to popular wisdom and what the media tells you, the Internet is not ‘over’. The years 2001-2004 were tough for Internet businesses, but the development of the digital economy is still only in the early innings of a nine-inning ball game. Online sales are continuing to explode and could reach more than $300 billion in the United States alone by 2010. This is more than 12 percent of overall retail U.S. sales from a new category of business that hardly existed ten years ago! For entrepreneurs like you, numbers like this mean that new online business opportunities are actually increasing. That’s because the Internet continues to change so many of the basic assumptions that you were taught about business as its technology gets easier to use and more widespread.”

– Scott Fox

About the Author

SCOTTFOX is an e-business consultant, advisor and speaker. Mr. Scott’s clients have ranged from startups to celebrities like Larry King and Bill O’Reilly. A graduate of Stanford Law School, Mr. Scott has personally founded and built several successful e-businesses. He is also a cofounder and director of The Liminal Institute, a Southern California think tank focused on the promotion of entrepreneurship.

The Web site for this book is at www.internetmillionairesecrets.com.

Important Note About This Ebook

This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

Summary of Internet Riches (Scott Fox)

1. The Internet Opportunity

Now is a great time to be developing a business which operates on and through the Internet. There are so many business services which can be accessed via the Internet it is now feasible for even someone who is not technologically sophisticated to be able to start a business. In fact, you can open an online business which will have a global reach for an investment of about $25 a month or less. This is a great time to take your ideas and bring them to life as an e-business.