Making Wise Investments in Tools to Further Your Business

If you were to get hired right out of college and embark on a career at a corporation, you’d have people there guiding you in what you were supposed to do for the company. As a franchise owner of a business, there are manuals dictating what you can and cannot do, along with the precise methods used by all employees.

 

But when you’re an online entrepreneur working for yourself, it’s not so cut and dry. There’s no one leading you in your endeavors. You’re left to make all decisions on your own – and that includes how you’ll go about learning things and leveling up to more profits as you progress.

 

At first, if you’re on a tiny budget, you may have to rely on free tools and information to help you succeed. And there’s nothing wrong with taking that path to success. You don’t need money upfront to carve out your presence in a niche online.

 

But over time, as profits begin to flow in, you’ll want to reinvest some of that money to increase your abilities with paid products and tools. That’s because most free products online are limited in how they can help you.

 

There’s almost always a free and a paid version. For example, with email autoresponders, you might be limited to 500 subscribers with a free version, and have to endure the built in ads showing up on your outgoing emails, too.

 

Paid versions would allow you unlimited levels of subscribers – and you’d never have to have your email message compete with whatever it is being advertised through the free autoresponder tool.

 

There are some tools that will leave a watermark on your image creation if you use the free version – such as a tool that lets you create infographics to share on your social networking accounts or blog.

 

You might find paid products like video screen capture and editing software work better and have more features when you’re using the paid version versus the free one. And it’s not all about free versus paid, either.

 

Sometimes a product will be sold with levels of features or information. For example, you might invest in a plugin for your WordPress blog and have the option to buy it for one site install, or unlimited sites.

 

It all depends on how you plan to use the tool, but don’t think that just because something has a payment attached, it means someone’s trying to rip you off. Normally, the best access to tools that can further your success will be the paid versions that make your online efforts much easier.

Let’s chat about it send me a DM for a complimentary business audit for clarity, strategy and increase revenue in your business.

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