Start-up tips for an online business

· Leverage on technology as much as you can.
· Let your business be truly online. You have to register a domain name (www.GoDaddy.com), have a web hosting account (www.hostgator.com), and an autoresponder (www.aweber.com).
· Build a community around your business by creating a forum or blog.
· Don’t wait till you have a perfect system before you start as you may never start. Don’t worry; just be ready to learn fast.
· Answer all emails quickly and resolve all complaints.
· Don’t try to compete with established business using lower prices. You will force yourself out of business.
· No advantage is permanent, always look for new advantages, else competitors will run you out of business.
· Specialize; you don’t have to be the all-in-all of your online business. You can’t be blogging, writing articles and promoting at the same time
· You will have very few customers. Be a lot more efficient than bigger competitors who have to deal with a lot more customers. Use this advantage well and it won’t be long before you will lure your competitors’ customers.
· Be ready to grow slowly.

Tips for planting your money tree

· Save at least 10 percent of all that you earn.
· Start your business with the little money you already have.
· Spend less money than you make.
· Put the difference to work making more money.
· Protect your asses and your money making abilities.
· There is nothing like an ideal time. The best time to start is now!