Opinions expressed by Entrepreneur contributors are their own. Starting an online business requires some planning. An entrepreneur needs to gauge demand, understand how SEO and digital ads work and know how to acquire customers cost-efficiently. If the formula works, the business can scale rapidly. As stated in the “Enabling Digital Entrepreneurs” report by World Bank Group , “many digital entrepreneurs are ‘born global’ and have the ability to grow and scale across borders very quickly.” Online spending has skyrocketed in recent years, and continued growth is likely as people continue to stay home, which “creates huge opportunities for internet […]
