Tuesday, November 10, 2009

Ingredients of Every Successfull Online Business

It's said that 95% of every Business (Internet or Offline) fail within 5 years of their operation. While it may sound tough and I don't mean to discourage you from fulfilling your dream or need to start a new business, but I just want to make you aware of challenges you will face and certain qualities that you must imbibe in order to succeed in this online world.

Creating a successfull business can be incredibly satisfying in itself even though lots of hard work goes into it, but it also involves:
1. Patience
2. Passion
3. Focus
4. Guidance in right direction
5. Smart work.

Let's look each in some more detail:

Patience- You need to have Patience as you won't get success overnight. Everybody is different and has unique skills and some may have more time to give to their business. If you are like most people, you inspire to start your own business while still trying to meet ends with job. Don't leave that Job just yet, keep patience and put daily consistent effort to business. Remember! Rome was not built in a day!

Passion- this is the single most important reason why businesses fail. You always need to have that fire within you to be part of successful business. Many times, people just ‘lose it’ when they see nothing come their way soon.

Focus- Internet is filled with scum- alluring offers, too easy to fall prey to, popup here & there promising that long dreamed vacation at Hawaii, or 'secret' to earn loads of money just by dreaming about it. Set aside time to pursue this interest; say 1 hour a day of concentrated effort towards making things work. Read less, do more work.

Guidance in right direction, this one is important, but hey I am here to provide you with that. I have been successfully making money online, and I am here to share this knowledge. It's easy to get lost in the sea of knowldege floating everywhere around you. Starting a business, a successful online one, need not be very complex, but it takes some consistent effort to be spend in right direction to make everything work together. You can subscribe to my newsletter and I promise you will keeping receiving only good quality articles.

Smart work- Geez, nobody talks about hard work these days. Because, you can spend months and year trying to make a dime and you may be successful on some level, but only right guidance and smart work can bring you riches in shortest possible time.

Sorry if you have heard these zillion times, but I just need to reinforce 'The Secrets' of any successful business. Frankly you can find million articles on how to do about just anything on internet. But without following above success 'mantra', you will never achieve ever lasting success.

No comments:

Post a Comment