How to Achieve Economic Freedom with Online E-Commerce Solutions

Many of us find ourselves under the yoke of economic repression. We are now being forced to work longer hours for lower wages for less room for upward mobility when compared to the past. While some have turned turtle and succumbed to this existence, there are others who are keen to leverage their talents in order to extricate themselves from what can only be termed an advanced (and insidious) form of economic slavery. However, is this nothing more than a myth or is there a sprinkling of reality to be found?  There are actually a number of ways that will enable you to break free from the shackles of this existence and to enjoy a superior sense of fiscal freedom than you have ever thought possible. Let’s take a look at how the Internet has opened up a veritable wealth of possibilities and more importantly, where to begin.

Internet E-Commerce at Your Fingertips: What are Your Options?

E-commerce is defined as electronically based financial transactions between two or more entities. From a personal standpoint, this translates to your ability to get paid for the services that you are able to render to online clients.  Of course, such a notion has existed since the online community was first birthed during the latter half of the 1990’s.  It is still important to note that a paradigm shift has occurred over the past ten years. No longer are such opportunities reserved to the previously rich or the financially independent alone.  They are now well within the grasp of inspiring individuals much like yourself.

One example can be seen in the rise of e-books.  These pieces of literature are the electronic counterparts of traditional reading materials and it is no surprise that their popularity has continued to increase thanks to the presence of dedicated devices such as the Kindle Fire.  Some other options that are entirely reasonable to examine include:

– Being paid for writing blog posts (or ghostwriting in general).

– Establishing an online business with the help of transparent e-commerce portals such as Shopify and Oberlo.

– Becoming a social media influencer and getting paid to help others promote their businesses.

– Establishing a standalone website with the intention of marketing a specific product or service.

These are only four examples of the options at your disposal.  Each of these is associated with its own set of mechanics, so it is a good idea to research the method which is best aligned with your ultimate goals.  This brings us to the next major point.

Conducting a Financial and Personal Inventory

Would you ever attempt to cross the Atlantic Ocean without a compass and previous sailing experience?  Although it might appear noble to take a “head over heels” approach when beginning a new venture, let’s not fail to mention that the potential for economic freedom will depend upon how prepared  you are in advance.  This is why the notion of a personal inventory is absolutely essential.  From a very basic standpoint, a personal inventory is nothing more than fully appreciating what you are capable of. For example, it might not be a good idea to compose a 350-page e-book if you do not have a gift for the written word.  This is why it is first important to honestly identify the skills that you are able to bring to the table. What are your talents and in the same respects, are there any areas which you cannot handle in terms of online revenue generation?  Once you have brainstormed these concepts, there are some other questions which will need to be addressed.  A handful of critical metrics to determine include:

– How much time are you willing (or able) to devote towards a new online venture?

– Can you afford to invest a small amount of money to get the ball rolling (such as purchasing a website)?

– What are your short- and long-term goals?

– Are these objectives realistic to achieve without encountering an inordinate level of emotional and fiscal stress?

Try to keep in mind that we live in the real world as opposed to the movies.  Many films depict rags-to-riches stories in a rather simplistic manner.  The truth is that it will take hard work to remove yourself from the financial burdens which continue to weight down the bulk of the population. This is why a modicum of patience is absolutely essential. In the same respect, do not toss aside work or family responsibilities in the pursuit of such dreams.  Your visions always need to be tempered by a sense of realism if you ever hope to maintain a work-life balance.  Still, your chances of achieving financial freedom are very real if you are willing to make sacrifices as well as to think outside of the proverbial box.