It's time to get serious about making money. The first rule of investing is: Invest in yourself. It's not "invest in your business" or "invest in your employees"... it must be an investment in yourself. As the next millionaire, this is your first priority.

WHAT TO INVEST IN YOURSELF

Investing in yourself means investing in your education. Making yourself more knowledgeable and aware about business is an investment. Reading this article is an investment.

Getting the right education for your business means doing whatever you need to do to gain the skills to succeed. The good news is that you have full control over the process, because you are both the investor and the investment.

The other good news is that it is not very expensive to invest in yourself. A book from the library can help you build your skills. So can much of the other information you find for free.

THE PRICE OF INVESTING

When you begin your journey of internet entrepreneurship, you need to be ready to invest in the following:

Money. Like any business, money is a necessary part of start-up. Unlike conventional businesses, though, an Internet business is usually quite affordable to begin. Particularly if you are selling services or intellectual products, start-up costs may be less than a hundred dollars.

Time. Money by itself is never enough. Also like any business, an internet business needs time to grow. Many people see the internet as a place to get rich quick and make dreams come true. While there are urban legends about online millionaires who make money overnight in one way or another, the truth is that even the ones that look quick had plenty of behind-the-scenes preparation.

Effort. All businesses require effort, of course. Expecting a business to grow without any effort on your part is like tossing an apple to the side of the road and coming back later hoping to find an orchard.
Unless you make all these investments, you won't be the next millionaire to succeed on the internet.

Most people are scared to spend a little of their hard-earned money on seminars, courses, and educational e-books that teach you how to begin an internet business. Some people assume it will be far too expensive.

This thinking is just wrong-headed, and here's why.

It doesn't take very much money at all to begin an internet business - at least, not compared to a regular business! You don't need a car, a suit, an office, staff, or even a desk. You don't need to leave your home, if you don't want to.

Which risk would you rather take: Spending a hundred dollars to get web hosting, a domain name, and a bit of software? Or thousands upon thousands of dollars to set up a conventional business including hiring staff, renting office space, and funding your business ventures?

Receiving the education you need to successfully run an internet business is cheap, all things considered. People often complain about the high cost of ebooks and seminars for internet business. And yet, when you compare even the most expensive seminar to the high cost of a college education necessary to succeed in the job market... it's a heck of a bargain!

Reading a book by someone who has "been there, done that" and knows how to talk about it, (like Paul Zane Pilzer, for example, author of The Next Millionaires) is one of the very best ways you can spend your time and money.

Staying broke or working at a job without room to grow are both more costly in the long run than making an investment that will pay off several times over. Staying poor for a long time costs you your independence and sometimes, your spirit.

Why would you let your current lack of resources keep you from pursuing financial freedom? Do you want to stay stuck?

The internet is nothing more than a means of leverage. Buying into the fantasy that the internet can get you rich overnight is a big mistake that will only lead to disappointment.

Another common mistake is failing to put the necessary effort into the beginning stages of your internet business. The start is the most labor-intensive part. If your start isn't labor intensive... you're probably doing something wrong!

It takes a little money, some time, and a lot of effort to build a successful online business.

Given the low-cost choices and leverage available to you through the internet, you can successfully create wealth online - even if you don't have much to begin with.

The most important part is, again, investing in yourself. Even if you have hardly any money to put into your business, you can make it up by investing even more time and effort.

Just think: internet millionaires include drop-outs, pizza boys, and janitors. Not too many of them came from professional or wealthy backgrounds. Why shouldn't you join them?

Why invest in yourself? That's a question only you can answer. But just think about this: If you don't invest in yourself as the next millionaire... why would anyone else invest in you?

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