Top 10 Secret Tips for Online Business Success
Online businesses don’t succeed by accident or without effort. Out of the thousands of would-be entrepreneurs who start an online business every year, only a small percentage will succeed. A recent survey estimates that a stunning 90% of new internet business fail within the first year.
You can avoid being part of that unsettling statistic. I have put together the top 10 secret tips for online business success. These may not be what you’re expecting to hear, but if more entrepreneurs heeded them there will be a lot more success stories.
1. Have a Plan
Everything begins with a plan. In principle, online business is no different from a real world brick and mortar business. People who fail in online business are very often those who think making money online “sounds like a good idea” instead of seeing it as a real business. They jump in without any idea of what they want to do or how to run their business.
Planning should involve:
– what type of business you’re going to start online
– what it will cost
– how you will market it
– what tools and skills you need to start
– how you will finance your online business efforts
– how much time you have to spend on it
– how and where you will network and make business connections
Without taking stock of factors like these before you even begin, you’ll be lucky to achieve any kind of success.
2. Add Action
Taking action is … Continue Reading ...