If you dream of location independence, or being able to quit your 9-5 job and create a life of freedom, making money online is a great way to make it happen. However, there are both pros and cons of building your own online business to be aware of before you get started. Running a successful … Read more
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If you dream of location independence, or being able to quit your 9-5 job and create a life of freedom, making money online is a great way to make it happen. However, there are both pros and cons of building your own online business to be aware of before you get started.
Running a successful online business has the power to totally transform your life. I currently have a few different online businesses and I can’t even imagine going back to a traditional job. It’s not for everyone, but if you’re willing to put in the work, the rewards can be huge.
SEE ALSO: 6 Signs You’re Ready to Start Your Own Online Business
15 Pros and Cons of Building Your Own Online Business
For me, the pros of building your own online business vastly outweigh the cons – although there certainly are a few cons, as I’ll explain below. This list of pros and cons is based largely on my own personal experience, but most of the points here are likely to apply to most online entrepreneurs.
Pros of Building Your Own Online Business
There are many advantages to building your own online business, and there’s a fair amount of overlap between each one. But here are the main reasons why building an online business is such a great idea.
1. Location Independence
For me, one of the biggest benefits of building your own o
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