Technology

How to start an online business?

If you are contemplating the initiation of a business then, starting it in the base of IT would be the best decision. The reason behind this philosophy is that the world we live in today has a future in IT. Information technology has formed its roots in every business, and one can not even imagine a world without its presence.

Therefore, to become a successful entrepreneur, one has to contemplate starting a business in the field of IT. The reason is not only its importance in every field but also the variety of options that it offers. Moreover, one of the perks of starting a business in IT is the availability of Cyber Risk Insurance for mitigating the risks of data breaches and cyber-attacks.

Business in IT

While talking about the initiation of a business in the field of IT, there are many questions that are stuck in the mind of a person. You may also wonder as to why you should invest in a business in the field of IT and not any other field? Why is information technology a better option?

The answer to the questions as mentioned above is that owing to the outbreak of the COVID-19 virus, the world has shifted its focus towards online businesses. Many people have lost their jobs and do not have a lot of wealth to spend or invest in a business. Other than that, almost every one of us is forced to work from home.

Due to this pandemic, whether you have a job or a business, you have to work from home to keep your family safe and your business running. So, the best choice in these circumstances is to invest your time and energy in a business that does not need a fortune but guarantees you a bright future.

How can we start a business in IT with minimum to zero investment?

Now that we have talked about the benefits and reasons for starting a business in the field of IT, let’s move towards the options that it offers for starting a business with minimum to zero investment. Following are some options that we have winnowed down for you:

SaaS (Software as a Service) Business:

Software as a Service (SaaS) is the best business option that you can go for while staying at home. It is a business in which you can offer software as a service to your users. The best example of this idea is Google Docs and Microsoft 365.

This idea has been adopted by many business giants like Apple, Microsoft, IBM, Google, etc. SaaS (Software as a service) means a service that you can offer on the internet without a connection to any server.

How to start a SaaS business?

SaaS business can be started at home without any hefty amount of investment. To start this business, you do not have to be an IT professional or a programmer, neither you need to learn to program for building software for this business.

You just need to follow the following steps if you want to be a successful entrepreneur and aspire to earn from the comfort of your couch:

  • Go to coldcanyon.com and search for software of your interest. You can buy any ready-to-use software for a $10 to $50 investment.
  • After buying this software, now you would have to make some changes in the software as per the needs of customers you have targeted.
  • Remember to offer a free trial to your customers to entice them into buying your paid subscription.

Even if you get 100 customers at the beginning that pay 10 dollars, you would be earning 1000 dollars per month from the comfort of your couch. And the best part of this business is that you can easily safeguard your business by getting Cyber Insurance for your business against any kind of data breaches and cyberattacks to your website.

Moreover, SaaS ( software as a service) business is a type of business that you can do even if you’re a student, a fresh graduate, or a jobless adult. And you can also own more than one software to earn from.

Startups on Instagram: Possible?

The next better option is to initiate a startup on Instagram. But why should you go for Instagram?

The answer is pretty simple. With the advent of Instagram, people have been hooked to it in a way that they spend almost half of their day scrolling through the feed. But the obsession does not stop here.

People do silly things to stay on the trending list; hence, they have made Instagram the most popular app of the decade. If you aspire to run a successful online business, then in our eyes, Instagram is the best platform to initiate an online business.

What are the prerequisites for a startup on Instagram?

The prerequisite for a startup on Instagram is an Instagram account and a lot of patience. Yes, patience is a prerequisite as you are not going to be successful overnight unless you do some stunts to get viral.

Next, you would need to do giveaways to entice your customers and followers into following your account.

Moreover, you can offer your services or products to your followers in the giveaways. Remember not to buy fake followers! Keep your presence intact through live sessions and stories.

Furthermore, try to follow and keep track of Instagram’s algorithm. Startups on Instagram also allow you to avail yourself of the opportunity of getting Cyber Risk Insurance against any threat of password stealing.

Conclusion:

We have winnowed down the best options for you to initiate your business online, that too with minimum to zero investment. Now it is on you to take your pick and start earning.

These businesses are ideal for everyone having the mind of an entrepreneur. Plus, you also have the opportunity to have Cyber Insurance that mitigates the risk of any type of cyber theft. What more can you ask for? Start your information technology business today!

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