Evolved Finance

Starting a business has some inherent risks that I think most entrepreneurs are aware of.  You risk investing your own money in a business that doesn’t end up making a profit. With online businesses, the initial investment to get them off the ground is so low, that the financial loss of a failed business isn’t that ground shaking. Especially when you compare it to the capital needed to open restaurants, retail stores, and other more classic brick-and-mortar businesses. These businesses usually involve investing your life savings while also taking out thousands of dollars in loans. Ultimately, if your online business doesn’t work out, you lose some of your savings and then go back to working for someone else. It’s a crummy situation, but it’s rarely a devastating situation.  What most online entrepreneurs don’t realize is that the real risk comes when you start to make money.  It seems counterintuitive, right? But the more financially successful your online business becomes, the more it can turn into a nightma