Under 18 Entrepreneurs: Lets start Your Own Service Based Business Online
Hi
young entrepreneurs, you always wanted to start your own business
online, or at least wanted to earn some money online. With this guide
you will learn the ways to start your very own service based business
online and start making money offering your services. Now I will
recommend you to start your business online -why?

Building A Business Online Costs Less
Yes
of course it costs less comparing to an actual business; your website
can be your office, just like it is for me. All you need is a domain
name and a web hosting service. Additionally you might need some help to
design your website or write content for the site. After that you are ready to start your very own online business.
Building An Online Business is Easy
To
start online you don’t have to take an office space for rent, buy
furniture nor hiring employees. If you are doing everything online, then
you will need some good knowledge over websites and the internet. In
today’s web you don’t have to learn code for building websites. If you
are able to publish pages and connect with your customers, you can run
your very own business online.
Step by Step: How to start & run your own business online
Brainstorm a Business Plan:
It starts with a plan. Determine what you are going to offer, such as
piano lessons, yoga classes or you are going to sell a product. Set how
you will offer that service and how you will going to make profit.
Setup your Website:
Buy your domain, get web hosting and setup your website. You have to
build your site and fill it up with content. You can also get help to
design your site by outsourcing some other designer or a writer to help
you in the process.
Promote your Business Site in Social Media:
Use facebook, twitter and all other social media sites to promote your
site and service. You can also write a blog which will help you further
market your services.
Advertise:
Just because it’s a business and it will make you money, it means you
should also spend some money on advertisements such as PPC, paid
reviews, banner ads and text links. If you are offering a service to your local area, you can use traditional methods of ads as newspaper, posters or classifieds.
Set real goals and achieve them:
Set smaller targets such as earning $XXXX per month or serving X number
of clients each month. It will help you overcome and set bigger goals
for upcoming months.
Take notes of what worked and what didn’t and you will soon be improving your services. You will learn how to handle clients and work + build a good reputation online.

Source: http://www.tedgoff.com/
Start your Business in Smaller Scale
It
is the best tip, start with less. After you get to know the market, you
can expand it. If you fail, you will lose less money. For most
startups, they have less money to invest so starting with small becomes
the only option available -the risk will be less!
Start the Business as a Long Term Investment
When
you start something, you won’t see immediate results. It may take
months to see interested clients or potential customers coming through,
so let’s be patient. In the while you connect with other people in your
field to get some work. You can talk with your friends online, connect
with a community or create your work portfolio. You can also do some
charity work where you are not taking any money for your services but it
will result to get some new connections and reputation.
Take Help from Marketplaces
Getting
started on your own is a tough job so you can get work from other well
established sites. If you are a designer, you can get work from odesk or elance
to get work. If you are selling a product, then you can find some sites
that will help you get customers for exchange of the profit share.
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