Starting Your Own Online Business The Right Way
Starting your own online business is an exciting time or any new entrepreneur. The internet offers an incredible opportunity to sell products and services at any time of day or night to people from all over the world. But just as many people have found great success with their online home business, many more have failed.
It is a shocking statistic that more than 90% of all online home business ventures fail within the first 6 months. Too many new internet entrepreneurs think that online success is easy and that their online home business is basically a licence to print money. You cannot push a few buttons, sit back and wait for it to happen. Let’s take a look at 3 major pitfalls to avoid when starting your own online business.
1. Not Taking Action
When starting your own online business you must remember that every successful entrepreneur is an action taker. Don’t make the mistake of building a website, putting some great products on it and then sitting back hoping that the sales will come. Because they don’t. You can’t expect instant success and instant wealth without investing anything (even time and effort) to affect your success. You have to drive traffic to your website and continually build your list of potential customers.
2. Not Building Relationships
At the core of any work from home online business is customers. Without customers, there is no business. If you treat your customers badly and fail to build their trust and respect, they will not buy from you. Remember to create every email, blog post, article, video or forum post for real people and not just search engines.
We have to apply the proper psychology when we are dealing with them. A lot of online business can be done automatically by pre-programmed software but never forget that it is humans that buy from you – not machines.
3. Not Being Focused
When you are starting up an online business it is easy to get overwhelmed with all the different strategies and techniques for business growth. You see and hear people about other online business owners driving traffic from blogs, search engines, AdWords, viral marketing, article marketing, social media, solo ads and everything else under the sun. It’s easy to lose focus on where you are and what works best for your internet business start up.
It is better to have one traffic generation method driving lots of traffic compared to 10 traffic generation methods that produce less than one focused method. Dabbling with many methods often do not produce concentrated results. Get proficient at one, then move onto the next.
Give Your Online Home Business The Best Start
It’s strange how some people who would never consider starting a traditional offline business, think they that they can start an online home business and make a fortune without any real effort or strategy. To achieve online success you need a solid business model, clear direction, training and support. To discover the proven steps to success for starting your own online business, check out this FREE Home Business Presentation.