Learn to walk before you start to run!
3822
Business
Mar 1, 2007
Paul Duxbury
Learn to walk before you start to run!
rt--> Learn to walk before you start to run! It is said that before we learn how to run, we must first learn how to walk. And in the process of learning how to walk, we stumble from time to time. No big deal, though. It?s part of the learning process. Experience, as many claim, is the best teacher, and experience entails some failures here and there. In this light, it is not uncommon to see startup Internet business ventures making some mistakes of their own. The sad part however, is that other businessmen actually capitalize on these mistakes to earn some profit for themselves at the expense of the novice online entrepreneur who would just be left bewildered by so many promises that are bound to be broken.
Though mistakes are but natural, and oftentimes necessary for eventual success, there is a clear need to take some precautions to avoid those errors that might prove fatal for the business. Indeed, we can learn from our mistakes, but there are those that produce dire results from which we may find hard to recover, if we could recover at all.
Here are 7 common mistakes that beginners in online business usually commit. It is hoped that by knowing these errors, better judgment can be observed to avoid them.
Believing that you can earn overnight. Though there are instances when Internet businessmen do earn within the first 24 hours after they go live, this should be taken as the exception rather than the general rule. The fact is, online commerce needs some patience on your part. A sustainable business will require some time before it could fully spread its wings to take flight.
Believing that you can earn even while you sleep. Though this is very, very possible, do not expect it to be instantaneous. You will first have to automate your business system. This includes fine tuning the performance of your website as a traffic generating machine, polishing up your sales page or pages for a profitable conversion rate, and building a mailing list filled with quality sign-ups through a reliable autoresponder service.
Being a one trick pony. You cannot rely on one income stream alone. Try to incorporate as much as you could for your online venture. For example, overdependence on but a single product would leave you in the dumps when the market life for the same runs its course. Try to develop new products at a consistent rate. If the engine of your business is a Pay Per Click (PPC) program, try to update your content often, as this is what your visitors will be after.
Resting on your laurels after initial success. Remember, you shouldn?t after a onetime success. You should strive for sustainable success, meaning, success that would serve you for a long, long time. This would require a certain degree of commitment from you, as well as a passion to always do better regardless of your previous conquests.
Believing that online business can be established without having to spend a single penny. There are essential expenses, of course, and unless a friend or an acquaintance would provide these for free, you would have to pay for them. These include domain names, web hosting, autoresponder subscription, products to package as bonuses, viral marketing paraphernalia and other things beneficial to the successful operation of your online enterprise.
Failing to invest on knowledge. Most online businessmen would spend their initial earnings on things that they have long wanted, without reserving any funds for matters essential to the business. Knowledge is a continual investment. The online business landscape is a constantly changing field, and failure to update your self of the latest trends would be a very big mistake indeed.
Failing to improve your business. Your online enterprise should always keep up with the times. This would have to include regular adjustments and tweaking to optimize its performance and guarantee continuous success. You have the leeway, of course, to commit these mistakes, as you will eventually learn your lessons anyway. But prior knowledge of what should be done would make those errors unnecessary, and you would be able to save valuable time and resources by doing things right the first time around.
Paul Duxbury is a successful online entrepreneur with a number of income generating websites. He has recently launched http://www.web-success.co.ukwhich provides advice and information to online homebased business owners and those who want to be online entrepreneurs.
Though mistakes are but natural, and oftentimes necessary for eventual success, there is a clear need to take some precautions to avoid those errors that might prove fatal for the business. Indeed, we can learn from our mistakes, but there are those that produce dire results from which we may find hard to recover, if we could recover at all.
Here are 7 common mistakes that beginners in online business usually commit. It is hoped that by knowing these errors, better judgment can be observed to avoid them.
Believing that you can earn overnight. Though there are instances when Internet businessmen do earn within the first 24 hours after they go live, this should be taken as the exception rather than the general rule. The fact is, online commerce needs some patience on your part. A sustainable business will require some time before it could fully spread its wings to take flight.
Believing that you can earn even while you sleep. Though this is very, very possible, do not expect it to be instantaneous. You will first have to automate your business system. This includes fine tuning the performance of your website as a traffic generating machine, polishing up your sales page or pages for a profitable conversion rate, and building a mailing list filled with quality sign-ups through a reliable autoresponder service.
Being a one trick pony. You cannot rely on one income stream alone. Try to incorporate as much as you could for your online venture. For example, overdependence on but a single product would leave you in the dumps when the market life for the same runs its course. Try to develop new products at a consistent rate. If the engine of your business is a Pay Per Click (PPC) program, try to update your content often, as this is what your visitors will be after.
Resting on your laurels after initial success. Remember, you shouldn?t after a onetime success. You should strive for sustainable success, meaning, success that would serve you for a long, long time. This would require a certain degree of commitment from you, as well as a passion to always do better regardless of your previous conquests.
Believing that online business can be established without having to spend a single penny. There are essential expenses, of course, and unless a friend or an acquaintance would provide these for free, you would have to pay for them. These include domain names, web hosting, autoresponder subscription, products to package as bonuses, viral marketing paraphernalia and other things beneficial to the successful operation of your online enterprise.
Failing to invest on knowledge. Most online businessmen would spend their initial earnings on things that they have long wanted, without reserving any funds for matters essential to the business. Knowledge is a continual investment. The online business landscape is a constantly changing field, and failure to update your self of the latest trends would be a very big mistake indeed.
Failing to improve your business. Your online enterprise should always keep up with the times. This would have to include regular adjustments and tweaking to optimize its performance and guarantee continuous success. You have the leeway, of course, to commit these mistakes, as you will eventually learn your lessons anyway. But prior knowledge of what should be done would make those errors unnecessary, and you would be able to save valuable time and resources by doing things right the first time around.
Paul Duxbury is a successful online entrepreneur with a number of income generating websites. He has recently launched http://www.web-success.co.ukwhich provides advice and information to online homebased business owners and those who want to be online entrepreneurs.
Write a Review
Add to My Favorite
Refer it to Friend
Report Article
Other links owned by this user
Niche ting, generally speaking, is about marketing to markets with highly specialized needs. Many people running online businesses have made their money in seeking out obscure markets and determining ways to serve them. The Niche
Category:
rt--> Make your Mark by building your reputation If you have to part with your hard-earned money for some goods or services, who would you rather trust: a novice provider or an expert one? The answer to that question is what makes branding so much
Category:
When you hear the word ?coach?, what comes first into your mind? Do you picture the 46 Seater Coach packed with tourists or do you picture a basketball team with person shouting out insuctions? Or maybe the image of a football team with someone in a
Category:
How long have migraines been around? Contrary to the beliefs of many, migraines are not a new disease, only a newly-named. In fact, based on the symptoms, it appears that migraines are among the oldest diseases known to mankind. Conditions
Category:
It is important that you don?t go into the craft business for the wrong reasons. If you are hoping to make a quick buck, then you?ve chosen the wrong industry! It usually takes months to see a return on your investment and years to start to see major
Category:
I am sure that at some stage in your life you have dreamed of being someone special, someone important or successful. It can seem so hard at times to take that first step and step outside where we are right now to where we want to be. Today and
Category:
rt--> Learn to walk before you start to run! It is said that before we learn how to run, we must first learn how to walk. And in the process of learning how to walk, we stumble from time to time. No big deal, though. It?s part of the learning process.
Category:
Is your computer running a bit slower than usual? Have you recently installed a few programs and now everything seems a little slowed? If this sounds like the problems that you are currently experiencing, then your computer probably just needs a tune
Category:
Computer software can make your family tree research a breeze, relatively speaking ? pun intended, of course. Using family tree software allows the creation of online data bases to sort records; the storage of digital photos with other documents,
Category:
When it comes to choosing the all-time champion of migraine triggers, it all boils down to two contenders and all the others are mere pretenders. Much research has been done into the various triggers of migraine and basically the verdicts have come down
Category:
I bet I know the nswer to wht those who re ctively involved in discovering their fmily tree, which is otherwise known s genelogy, find most frustrting! I m sure tht they will tell you tht there is nothing more frustrting thn spending hours
Category:
rt--> Creating a Member based Website Since the dawn of the Internet, many online businessmen have tried to capitalize on a variety of aspects that they hoped would become profitable. They have tried diversity in the form of purchasing resale rights;
Category:
Suduko first appeared as a game in the 18th century. It took almost 200 years before it made it into the media. In 1979 the first Suduko puzzle as published in an American puzzle magazine called Dell Pencil Puzzles and Word Games here it
Category:
If you want to build an attractive landscape, but do not where to begin, there are plenty of common landscape gn ideas and features available for you to gain inspiration. You can use the ideas yourself or add a little twist to make the landscape
Category:
rt--> The Goldmine known as Private Label Rights! There are three basic rights you should know about when it comes to resale rights marketing.
These are:
resale rights
master resale rights
private label rights
These are:
resale rights
master resale rights
private label rights
Category:
The monter in Doctor Who are legendary for their frightening nature and their rubbery, comical appearance. Whether it i the darkly efficient Mater, the menacing Dalek, the fearome Auton or the chilling Cybermen the baddie were bound to end you
Category:
rt--> Keep therm coming back! If you have been focusing on new and unique visitors alone, then you?ve been missing out on a big opportunity to boost the volume of traffic that would pass through your website.
There is only so much new traffic
There is only so much new traffic
Category:
Family vacaions can be one of he bes ways o make memories ha will las you and your kids a lifeime. Bu no maer how long you are saying a your chosen desinaion, when ravelling wih children he longes par of he rip can be your journey
Category:
Other links at Business
This article goes over the differences between the velobind and surebind systems and provides a slight background of the velobind and surebind systems in order to fully explain the differences between the two.
Category:
Every employer operating a paye scheme must have an understanding of the HMCE payroll essentials. Payroll essentials that payroll software packages satisfy include both the knowledge to correctly calculate income tax and national insurance plus legal obli
Category:
Small business owners, first time entrepreneurs who just went out to of the corporate world, would often make the mistake of packaging. Jumping out of that suit and getting your hands dirty may be the common procedure for those who would not be familiar w
Category:
Air conditioning has its obvious advantages but there are times when it may be needed more than others.
Category:
You have to pay attention to details when writing good copy. It takes more that spell check to get your message right.
Category:
Site Sponsor
Directory Statistics
Articles: 68228
Categories: 501
Yahoo Entertainment
