Is $95 enough to start a small business on the internet?

[Alex the Lion]

You can start an online value-providing business for as little as $100, though you must be careful not to waste your money chasing false money-making strategies. Locate a niche you are passionate about and which is qualified as profitable, explore the niche and understand it, create high-quality content, generate traffic, develop a connection through your email list and monetize by providing problem-solving products, both your own or affiliate.

 

[fjk23]

i think it all depends on what you are going to do with that money. I think that you definitely need a website and domain and hosting. Then you need to actually offer something like a product or service and from there you figure out how to actually go out there and market what your offering.

 

[DianaPerk]

Yes, $95 is enough to start a small online business. There are many online business models, which are currently in demand and creating earning opportunities for beginners. If you are the one looking to start online business, than you can start with online coupon or daily deal business like Groupon where multiple vendors sell discounts, offers and shopping deals.

To start Groupon like business on low budget, Yo!Deals offers script that help you start coupon website without any fuss or hassle. With little investment of $99, you can start your own daily deal website.

 

[softnwords]

95$ is more than enough to start an online if you do not want spend money for doing SEO. Money is required for spending for advertising your website and service.

 

[Developer]

I realize this is an old post, however, I thought I would throw my hat into the ring as well...

$95 is IN FACT more than enough to get started. To get started with your own eCommerce
based website, there are a few basic necessities:

1. A Domain
   Now a days, you can find great deals on domains. I have even registered my last 2 or
   3 dozen domains for UNDER $1 each. Many for just 50¢ each.
   .
2. Website Hosting
   Hosting can easily be purchased for $5 per month (or less), however, you have to keep
   in mind that you get what you pay for.
   .
3. Storefront Software
   There are many many many companies/sites out there offering FREE eCommerce software.
   WordPress, of course, being what most would start off with because, of course, Wordpress'
   popularity, however, WP is not the ONLY eCommerce solution out there. There are many
   non-WP based scripts out there.
   .
4. Traffic/Visitors
   Obtaining initial traffic can easily be done for free. Of course, it requires more effort on your
   part, but it is still very doable.

Now, the one thing you must keep in mind is that you get what you pay for, however, the question
was simply "is it possible" and the answer is YES.

When I first started out online, and yes, I realize things are VERY VERY different now than they were
many years ago (even just a few years ago for that matter), however, when I first started out online,
I started with just $15.00 in my bank account. And even at that, I only used $9.xx to get started.

With enough hard work, stamina, determination and effort, it is DEFINITELY possible and definitely
worth it...

 

[webhostau1]

$95 is just enough to start your online business with ecommerce. Get yourself a good host and website design using WordPress. That should get your started.

 

[brianlee1982]

I don't think it's enough. Ur hosting, domain names, web designs (unless you do it for youself), graphic designs...

 

[srirambyrapaneni]

95$ Mean nothing for online business. Let me explain

If you want to start an e-commerce site,for security reasons you need a full fledged hosting provider who secures your data and as well as customers data.

Even the cheapest e-commerce host charges monthly 20$ as low as possible.

And online business needs commitment as well as some good investment.

We have to do lots of on line campaigns also.

In my wish,95$ not enough these days.

 

[Wiliam]

obviously $95 enough to getting started. There have many way to earn by this kind of investment.

 

[professorrosado]

If you lack creativity, then no amount of money is enough.
Right here on the forum, you can find an easy way to spend $8 for hosting, get a cheap domain for about $1.99 (1st year)
and then go out there and get people to join you at $9.95 / month. Say you get 10 friends to join you and you'll be making $95 per month.
After 1 year, you will have minimum $1,000 to step up your game.

You need to be creative, focus on this one thing and implement your idea - simple.

The more creative you are, the more skills you have, the more knowledge you have, the more money you will make - so do it!