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Although many individuals like the idea of being self employed they never move forward with it because they fear the risk factor. The idea of making an investment in something will always carry a particular amount of risk. What is the answer? You need a low risk business with a minimal initial cash outflow.

This may not be so easy to come up with when dealing with a physical business. However, in the world of cyberspace it is much easier than you may consider. The business startup model that we are use to has been revolutionized by the internet. The short sweet answer now is you can start our online business for a low initial startup.

What you really need is a good idea to begin with. These few ideas should get you to thinking.

1. Freelance writing. This is a growing opportunity online and anyone can literally do it. Everything from SEO content to blog posts, people are willing to pay for it. What do you need to start this business? A computer, MS Office Word (to write the pieces) and a list of clients. With the exception of the client list, this is pretty simple to do. A truly instant business with instant results in most cases. Total startup cost is approximately $1000 including the computer (use a laptop).

2. Virtual shopping mall. This requires nothing more than a computer, a web domain registered in your name and a membership in an affiliate site like LinkShare. The affiliate site will provide all the advertising materials (banners, text ads, etc!) so all you need to do is put them on your site. All that is left is getting traffic and visitors and making the sales. Total startup cost is about $1000 including the computer (use a laptop).

3. Sell advertising space. Start a newsletter or content rich web page and once you get a decent amount of traffic, offer to place ads on the site for a fee. Trust me, business owners are always looking for new advertising spaces. It gives them access to new clientele and customers that they may not have been reaching before. They will be willing to pay and pay well for that privilege.

These three self employment ideas are only meant to get the juices flowing. You will need to find that special 'something' that fits for you and works for you. Everybody has an area of 'specialty' that will work wonders for them. Once you find yours, the rest will be history, as they say.

Trading foreign currencies and stocks is another basic idea. However, it is a bit more involved and requires some education however, the possibilities are real nevertheless. Online businesses of all sizes and types are implemented daily by various individuals.

What you do is entirely up to you. So be sure to choose wisely and pick the right business. If you love what you do, your customers and prospects will see your passion and be drawn to you for it. When you provide a positive experience, your customers will tell other people about you. The folks they tell about you will patronize your business.