March 11th, 2007
Why Start an Online Business
Starting an online business is a great way to achieve multiple streams of passive income. With billions of internet visitors (increasing exponentially) worldwide, this is definitely a big market to start up. Comparing to traditional business, online business has the following advantages:
- Easily set up and run concurrently with your full-time job
- Failure will not cost as heavy as the traditional business
- Require a lower maintenance cost
- Your service or product is available 24/7. Earn money while you sleep.
The only cost require to start up is the domain registration cost and hosting fee. Depending on the domain extension, a .com domain requires $7 per annual for renewal and hosting often cost $10 per month.
So how what can we sell online? How can we profit from our websites? Google Adsense is one great way to generate passive income. I will be writing more on passive income soon. In the meantime, you may want to see ShoeMoney’s paycheck from Google to keep up the motivation 
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