Why would anyone want to start a business in the midst of the greatest recession the world has seen in the past 70 years?The real question you should ask yourself is, why not? Sixteen out of 30 Dow Jones companies including McDonalds, Microsoft and Hewlett-Packard were all started during a time of recession. They knew that the best way to gain market share was when the competition was at their weakest!Building an online business is no different than any other business. It takes initiative and perseverance, but it can be profitable much faster than the general bricks and mortar businesses out there!So what are the reasons to build an online business:1 – Low start up costs – All it takes to build a profitable online business is a computer, a website domain, hosting and a product to sell. With a little savvy research, you can be up and running with under $100 spent.2 – Speed to get your product to market – Building a website can be done in as little as 30 minutes with some very user friendly development tools on the market. And what’s best is, most of those developer tools are FREE!3 – Minimal Ad budget – You ABSOLUTELY can get the word out about your product with no money out of pocket. With the proper SEO techniques and other FREE Marketing that can be done, there is no need to even have an Advertising budget.4 – Find out if the business is viable much quicker – It doesn’t take years to realize if a business is going to work or not. With the amount of information that you can get from website analytics, you know how many clicked on your website, where they went and what they bought.5 – Weak competition – During a recession, most brick and mortar companies cut back their ad budgets. However, with the right plan, it is possible to gain market share buy using a strategy to get the word out.6 – Take control of your life – With an online business, you do not have a boss to answer to. You cannot get fired, and you have total control of how much you want to work or how little. When the business is reaping residual income, you can basically retire and let the business work itself.7 – Time – You have time to do the things you enjoy in life.The Time is now! At Passively Retired, you can learn to get your business up any running in no time. Live the life of someone who has total control of themselves and can write their own paycheck!

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