Mika
VIP Contributor
If you are on money-making forums you will come across questions like:
Why do most online businesses fail?
Are online businesses reliable?
Based on the comments on the aforementioned topics it appears that a lot of people do not know what exactly is an online business.
Anything you do on the World Wide Web to make money is an online business. For example,
This forum is an online business (for the owner)
I own a website and it is an online business for me.
Facebook, Amazon, Google, Whatsapp are all online businesses that are making a lot of money for the owners.
Tesla is a car manufacturing company that makes money by selling cars. Facebook Inc. owns Facebook, a social networking site that makes money by providing advertising services. In terms of business perspective Facebook, an online business, and Tesla, an offline business, have no difference. They both are selling something to make money.
Why do most online businesses fail?
Are online businesses reliable?
Based on the comments on the aforementioned topics it appears that a lot of people do not know what exactly is an online business.
Anything you do on the World Wide Web to make money is an online business. For example,
This forum is an online business (for the owner)
I own a website and it is an online business for me.
Facebook, Amazon, Google, Whatsapp are all online businesses that are making a lot of money for the owners.
Tesla is a car manufacturing company that makes money by selling cars. Facebook Inc. owns Facebook, a social networking site that makes money by providing advertising services. In terms of business perspective Facebook, an online business, and Tesla, an offline business, have no difference. They both are selling something to make money.