Book description
This work offers a summary of the book "INTERNET RICHES: The
Simple Money-Making Secrets of Online Millionaires" by Scott Fox.
Surveys have suggested at least 58-percent of all employees dream of
starting their own business but have hesitated because of
"insufficient financial resources". However, many Internet
businesses can be set up with the minimum of initial investment - it's
possible, Scott Fox believes, to set up an e-business for less than a
month. If you are savvy, and do your research, there is no reason why
your business cannot be a success. "Contrary to popular wisdom',
Scott Fox says, "the Internet is not 'over'. The years 2001-2004
were tough for Internet businesses, but… online sales are continuing to
explode and could reach more than 0 billion in the United States alone
by 2010." Fox (who is a brilliant online entrepreneur himself)
explains the components of a successful online start up, and how to
align your company with your own skills and interests (the key to
long-term success). He suggests methods for cash-flow analysis, business
plan analysis, how to search for niches and how to grow your business
after the initial beginnings. Internet Riches is a complete guidebook to
setting up you own Internet company. It covers everything from initial
research, to the mechanics involved, and best long-term strategies.
