"Whatever the mind can conceive and believe, it can achieve." Napoleon Hill
Many of you may have entrepreneurial dreams. But some of you may have never acted upon these dreams. And it’s possible that the biggest deterrent in your way is money, or rather the lack of it.
But not all businesses need you to make huge investments. Today I am going to talk about what you can do to achieve professional success, earn money, and enjoy the feeling of being your own boss without breaking the bank! Plan well, and these ideas will let you expand your horizons, learn new skills, and afford you plenty of time to pursue your own interests and hobbies, without making financial compromises.
Average Startup Costs for a Business
According to the Kauffmann Foundation, it cost an average of $30,000 to start a business back in 2009. While the number is a few years out of date, it’s fair to assume that the cost has only increased in the last eight years, meaning the amount you need to start a business these days is roughly the same as a down payment on a reasonably priced home.
However, that’s not to say that all businesses will cost the same, and while some will cost much more, others can be started for significantly less.
High Return Business Options: Bigger Investments Don’t Always Command the Best Returns
When you're looking for a low investment business option that also has the promise of high returns, a franchise is an excellent option. What does a franchise have that another business doesn’t? These are few things worth mentioning:
- Proven system
- Strong and established reputation
- Reduced risk
- Established customer base
- Support network
- Training and education
Not all franchises are created equal, however, and while some require an investment of millions of dollars, others are more accessible. That’s not to say, though, that just because a franchise requires an enormous investment that it promises to be a profitable venture. For one, there are many ways to determine success, and for many younger workers, a healthy work-life balance is more important than a huge salary.
For instance, when you opt for a low investment in digital franchising, you're not just investing in a lucrative future in a steady industry, but also in a career that will afford you flexibility, freedom, control, and both professional and personal success.
Digital Marketing: A Promising Future Provides Security for Today
If you're considering franchising as a career, then a digital marketing franchise may be the ideal fit for you. Along with giving you complete control over your professional time, a digital marketing franchise also comes with perks like allowing you to work from home, making your own hours, and putting you at the cutting edge of an industry that will only keep growing.
In fact, it’s estimated that by 2021, annual spending on digital marketing will reach $120 billion and that a few key elements of digital marketing will account for nearly 50 percent of all the advertising dollars spent. A digital marketing franchise, therefore, is the key to both your professional success and your personal freedom.
WSI is a leader in the world of digital marketing, and we’ve spent the last 20 years establishing ourselves as a global authority in the field. We understand the full scope of digital marketing and can provide you with all the training, support, and education you need to become an expert in the field as well.
Moreover, as a digital marketing franchise, you'll have total control over your time, your projects, and your career, and you'll be afforded the opportunity to achieve your potential, and discover a personal and professional success that most people couldn’t even dream of.
But before you think any further on this, you need to find out if you have it in you to be your own boss. Take our self-assessment quiz, and get an answer right away.