3 Important Factors
Many people new to this venture want to be provided an answer to the following thought: How to be successful in an online business.
Yes it goes without saying that one thought regarding the achievement of “success” would include the online business being very profitable ($$).
Secondly I believe that just as important as a stream of incoming profits would be in qualifying the venture as being a “success”; it would be also be how others, (customers and even other business owners) positively view that person who owns the particular online business.
So for the brand new business owner trying to establish his/her place online what would it take to achieve success?
3 important factors would be a requirement from the beginning to help the “newbie” in his/her quest to run an online business that would both reap financial benefits and also eventually become well-known positively to others in today’s Internet driven world.
#1 – To start out you must know what would drive you towards success – Having a passion or keen interest to market a specific product(s)!
Let me come out and be totally honest with you. Running an online business in today’s world is not easy. Yes it is a fact that at any one time hundreds of millions of people worldwide are on the Internet. Many might be conducting searches for a product or help with a problem that they are having in their lives.
However understand that you would be that one tiny little fish in a huge ocean that contains other millions of other sea-life. Tens of thousands of people, (perhaps an even larger number) every, single year start out new with the goal of running an online business. What would make you different from any one of them?
I previously wrote an article on this site which focused on a fictitious, young single mom in her early 20’s who had issues, (mainly money) but the largest one being that she hated her minimum wage job that had zero chance for her to advance upwards. She wanted to make a better life for both herself and her two young children. She had come to the sad conclusion that making $10/hour well into her future would simply not cut it.
So, if you are like her and want to start running an online business you must look deep inside yourself and ask some questions.
Why would you really want to do this? If you can answer that truthfully, (after much self-analysis) then the next would be: What is that you will be selling in my business online? What will be the product(s) that you will market out to others?
Have you always had a deep desire, an interest and a passion for something in particular? If you’re that single mom and you’ve always loved knitting baby clothes, would that be your passion?
Do you believe that you could market in this niche in such a way that you would be providing a great deal of help/solution to/advice for those people who are online daily conducting searches for baby clothes?
I could literally name at least a hundred other different niches, or areas of interest that has led to successful online business owners marketing their products in such a manner that it solves that need in the lives of complete strangers online.
Yes, that is the wonderful thing about the Internet. Probably 99.5% of the time you would be providing a solution in the lives of people searching for help in whatever niche you choose to pursue who personally do not know you at all!
Billions of people are on the Internet worldwide and you might be solving a need in the life of a person who lives 5,000 or more miles away from you.
The crucial thing that you also must consider is also in the manner in which you present yourself to those potential customers. You have to do it positively and gain their trust. This simply cannot be overstated. There is a lot of negativity and with that business opportunities presented by con artists and scammers who still are very much a presence on the Internet. Daily thousands of people worldwide get tricked into giving money for opportunities or products that turn out to be fraudulent.
You can’t be like that! You must represent yourself as an honest, trustworthy and legitimate individual who has at heart the best interests of the potential customers in mind – ahead of the need to make money foremost in your business.
So I can tell you that personally the niche that got me started in my online business venture was bicycling. This includes staying as fit as possible through the sport as well as healthy eating.
What would be yours? Answer that truthfully and it would be step #1 on your course towards success as an online business owner.
#2 – Get the coaching and training needed to become an eventual success!
Face it you’d be a newbie. Going into this venture, you would probably know little or nothing at all about running an online business properly – and in a manner that would enable you to eventually succeed.
Even if you majored in business marketing while in college, there still is so much to learn about running a business online. The Internet especially having to do with marketing a business in that manner is constantly evolving. What worked back a decade ago in 2006 will most likely not work today.
Take advantage of the opportunity to either be coached or else get involved with a legit training program that would teach you the ropes involved with internet marketing. I will promote my #1 recommendation below. This program will teach you how to run an online business properly.
What I want you to avoid at all costs are the online programs that promise you wealth immediately after starting your business. Please, please understand folks. They would be all complete, 100% scams! These programs prey on the greed that exists within so many of us.
Those “get-rich-quick” programs sell their bull to naïve people daily across the world who believe, immaturely, that money can be had – and easily, on the Internet. Yes, I admit now that I foolishly believed in all of this junk in the past. “Make millions and achieve financial freedom just by following our proven system”!
And I could slap myself silly for literally throwing away money in these scams that got me nothing in return!
The most legitimate training you would receive from any company would tell you the same thing: You would not become rich immediately by pursuing this venture. Life just does not work that way. This immediately leads me to the next factor:
#3 – You will have to work your business!
Let me tell you thing in case you have not thought about it yet. Having an online business of your own means that you would be no longer working for someone else.
Face it have you been in a job where there was this boss who you loathed? He/she never respected you, only viewing you as nothing but a number among many other “numbers”, (employees). In fact half of the time he/she could not even remember your name. Nothing you did satisfied this very ungrateful son of a . . .
Well guess what? Running your own business would mean YOU are your own boss. This sounds nice at first but understand one other thing. No one would be in charge of you, but you! And that could be a problem unless you take your business and yourself seriously!
I said above that working an online business will be hard! You have to be dedicated and disciplined. You basically would always have to push yourself. No slacking, no taking off days because you wake up one morning and just don’t feel like doing anything related to your business.
At first realize one thing: Until you get recognized online as being a trustworthy and legitimate source who has products that are very beneficial to your subset of visitors, it will be slow going at first. You might be tempted to give up when you don’t see immediate results. My advice:
Please don’t give up EASILY!
Instead in order for you to begin to achieve success I urge you to strongly set up your own work schedule daily. Block in a consistent amount of time – 4 to 6 hours which would be specifically devoted to your business. It could be 11 am until 5 pm, as example, but I urge you to do it in this manner. When going through a training program initially, one designed to “teach you the ropes”, devote this same block of time to your education.
Work your online business consistently! Do not expect to devote 1 or 2 days per week, a few hours each day in your business and expect it to get anywhere. Sorry, but it will not happen. Back at your old job would this lack of effort had marked you as being a productive employee? Right, I did not think so. You would have been fired instead.
Treat your business with a great deal of seriousness and over time you will be able to gradually build it to one that would be considered successful.
So these 3 factors studied in this article would address the idea of how to be successful in an online business.
You CAN do it if you put your heart and desire into it!
So, What Is That Specific Program That I Mentioned That Would Be A Great Way In Which To Learn How To Start An Online Business?
The program is called Wealthy Affiliate. It was founded back in 2005. Through the years it has provided educational training, tools and the support of tens of thousands of people who have been members of this company. All had the goal in mind to run online businesses on their own. If you want to learn how to build for yourself an online business, this would be the place to go!
Wealthy Affiliate would be FREE for you to join, and it is 100% legit. Click Here As It Is My #1 Recommendation On The Internet if you are looking to start your own business from home. Take advantage of what this opportunity can do for you, especially if you’re seeking extra income for you and your family.
Thank you for reading this article! If you have any questions or thoughts please feel free to post them in the comments’ section below: