by Fabian Tan
There is a popular saying: the rich get richer, the poor get poorer. Well, how does that happen, exactly?

By creating assets that bring in residual income, the rich often don’t have to spend much time on these assets after a while, because they are bringing in income even without the owner’s presence. With more time, the entrepreneur is then able to create more assets which produce even more residual income, and he repeats the process almost ad infinitum.

Leveraging on the Internet allows an individual to tap into the rich’s power. By creating an online business that allows you to create residual income, you can then move on to create more assets, slowly building your portfolio as you go on.

How much does it take to start an online business? Not much. Although starting an Internet business was cheap to start with, nowadays it costs even lesser to start one! A domain name costs less than $10 these days at many registrars, web hosting should take up no more than $30 a month. Effectively anyone can start a profitable Internet business for less than $50!

Let’s look at the probable figures:

1. Domain name ($7.95 per year)

2. Hosting ($3.95 per month/free)

3. Autoresponders ($20 per month/free)

4. Stats tracker (free)

5. Payment gateway (free-$50 one time)

6. Web design (free-$50)

7. Product (free-?)

8. Marketing (free-?)

9, Business registration (optional depending on location - $50-$400)

Your startup cost - $7.95-$500
Your operating cost - $7.95/year or none + marketing outlay

What’s more, you have the advantage of marketing your business to the world’s biggest marketplace, 24 hours a day. Can you afford not to take the opportunity to start an online business and start making money online?

Fabian Tan is the author of the free 51-Page Report:”Murder Your Job: How To Build Cash Sucking Autopilot Businesses In 30 Days Or Less!”Head over to http://www.MurderYourJob.com to get your free copy now before it’s gone!

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