While many people are already experiencing the joy and tribulation involved in running their own internet business, many others are considering going into business on the internet.
If you are considering starting your own internet business then you need to consider the good, the bad, and the ugly truths of ebusiness.
What is good about internet business? Probably the single greatest benefit of ebusiness can be summed up in one word -- opportunity. There are numerous opportunities to start a business, buy a business,and grow a business on the internet. There are also many opportunities to learn everything you need about doing business on the internet from blogs and newsletters, articles, ebooks, and forums.
What is bad about internet business? The prevailing myth that you can get rich quick on the internet. Yes, there are many people making millions off their internet businesses and some people even manage those staggering sales numbers they use for their sales pitch. But the real, cold, hard truth is that it takes time to learn how to do business on the internet and it takes time to be a success on the internet. Once you have done your groundwork then you may well also achieve those amazing financial results, but many people give up long before and miss out on their opportunities.
What is ugly about internet business? The simple fact that scams abound. So many people buy into the myth of the internet get-rich-quick-scheme they are willing to put down hundreds, even thousands, of dollars to buy into the dream. Many of the people touting these "successful" programs are not actually rich or successful themselves. In fact, their only income is generated by scamming newcomers.
So how do you embrace the good, avoid the bad, and ignore the ugly?
First you must explore your opportunities. Remember that the internet really is the information superhighway. Study and learn and question -- and continue to do all three even after you have started your own business and even after you have made your first million.
Second remind yourself, daily if necessary, that no one gets rich quick on the internet but that millions are there for the making if you only put in your time and learn. Doing business on the internet is much like the tortoise and the hare. Slow and steady wins the race every time.
Third do not sign up for any scheme, program, or partnership that involves sharing your credit card information until you have thoroughly studied the situation from all angles. There are reputable and worthy opportunities that might involve a fee, but if they are worthwhile and reputable then they will not expire in 24 hours, there will ample freely available material to study, and you will see evidence of the program's success.
Don't let all that is ugly and bad overshadow the true good that can be accomplished on the internet. You can start your own business, you can make it successful, and you can make it lucrative -- and it doesn't need to cost you anything but time and ingenuity. That is what is truly amazing about doing business on the internet.
Got a Question? Ask.
Ask the community a question about this article:
Frequently Asked Questions
PLEASE HELP..survey..need 20 responses for school?
By: ls123 | 19-05-2008
My assignment is to gather info from people's opinions across the net, so no this is not cheating. Please no joke answers. If you are going to answer, please answer all!: -What do you think are the 10 most important skills for a student to have as they enter the 21st century workforce? -In your opinion, what are at least 3 classroom activities/exercises could teachers and students do to attain and practice those skills? -What words of advice would you give students around the United States as they enter the 21st century workforce? GREATLY APPRECIATED!!! :)
Opening Own Business from Dee5
By: Diane8 | 19-05-2008
I would like to open up a quilt shop. How would I get started with this w/o any funds saved up?
Blog traffic
By: Ron J Randall | 19-05-2008
How can I get my blog on top of the search engines?
Pc Tv Hookup
By: Lisa | 17-05-2008
How do I connect my HP Pavilion Elie M9200t Series to my TV?
Social Bookmarking Submission Service
By: fantasia236 | 17-05-2008
It is a popular fact that and major search engines like Google, MSN and Yahoo give more weightage to content in a website. Therefore it is likely that the more places you have for your content the greater traffic you are can generate. Hence submitting your site manually into social bookmarking sites like blogthis , Digg, orkut and others will not just generate a greater volume of direct traffic but will also help increase the SERP (Search Engine Results Page) of your website.
Are work from home jobs really reliable?
By: rayskd2000 | 16-05-2008
are work from home jobs really reliable?
Q&A Powered by:
Latest Business Articles
Unique Agricultural Products Lead to Unique Agricultural Business
By: MICer | 20/05/2008
As a big country manufacturing agricultural products, China makes enduring efforts to develop advanced and competitive products to satisfy the market at home and abroad. And some special products in China are the unique resources which lead business to success. Thanks to MadeinChina.com merchants get well collected information.
Starting Your Own Small Business
By: Naz Daud | 20/05/2008
Starting a business can seem like a daunting task, even for the most experienced or successful entrepreneur. For the prospective small business owner, knowing where to start can seem impossible, and getting that initial motivation to take any financial risk is no easy task. However each and every year, thousands...
Buy Investment Properties in UK
By: Damian Qualter | 20/05/2008
If you are looking for investment properties in the UK with a bit of research you’ll see there are many good opportunities to find.
Printing Green
By: John Mahoney | 20/05/2008
GreenPrint is actually a software that eliminates pages that are not useful when printing. It does this by analyzing the pages of the document and looks for typical waste characteristics such as the last page with just a URL, a banner ad or logo, or some legal jargons.
Ukraine Calls for International Probe Into Oil License Scandal
By: Stig Kristoffersen | 20/05/2008
The Ukrainian government plans to involve the international community in an investigation into a mineral license scandal concerning a U.S. oil company, Prime Minister Yulia Tymoshenko said on Monday.
A Brief History of the Memory Card
By: sam | 20/05/2008
Memory cards were introduced around 1990 when technology in mobile phones and digital cameras began to evolve and become more complex. Today it’s not unusual to have a mobile phone with a built in camera of 5 mega pixels which allows you to take photos of huge resolution. As in-built storage on phones is very low, on average around 10MB, the need for extra storage came about and so the memory card, the SDcard was one of the first.
Common Mistakes Made In Business
By: Bruce Swedal | 20/05/2008
Anyone considering starting a business needs to understand the common mistakes which lead to business failures. Ask yourself just the difficult question of how you are going to manage your business.
Revenue for your business does not mean that it is successful. There are many other factors to consider when managing...
Forex Investing Tips To Help You Make More Money
By: Mary Ricardoe | 20/05/2008
The forex market is the largest money market in world with trillions of dollars in trading daily. The opportunity to make money is great as long as you know what you are doing. There are many benefits to trading forex such as the fact that it can be done from...
More from Deanna Mascle
Good Parenting Advice - How Do You Learn To Be A Parent?
By: Deanna Mascle | 15/05/2008 | Parenting
Parenting is the toughest, most important job most people will ever encounter and yet there is no license required, no training required, and no 24/7 hotline. This is rather short-sighted on the part of society as the cost of bad parenting is immense, but in truth the situation is not...
Why Developing An Individual Writing Process Is Key To Your Writing Sucess
By: Deanna Mascle | 13/05/2008 | Writing
Developing an individual writing process is key to your success as a writer. Studies of struggling writers show that one of the reasons they struggle is that they focus on only one aspect of writing.
So what is the writing process? First it is important to note that there is no...
Writing Tips - Understanding Discourse Community And Its Importance
By: Deanna Mascle | 13/05/2008 | Writing
As an experienced conversationalist who has been wielding verbal words since toddlerhood, you easily move from one group of people to another adjusting your tone, your vocabulary, and your syntax accordingly. Often without thinking about it, you speak differently to your parents than you do to your teachers and differently...
6 Reasons Why I Squidoo And You Should Too!
By: Deanna Mascle | 08/05/2008 | Internet
Do you Squidoo? Perhaps you are not familiar with that little orange creature with one big blue eye, but Squidoo is a social networking site utilizing a different system and framework than many free social networking sites. Squidoo allows each account to create as many unique web pages as they...
Good Parenting Advice - Are You Giving Your Child The Edge At School?
By: Deanna Mascle | 11/02/2008 | Parenting
Today the pressure to succeed at school begins even earlier than ever. Children in kindergarten and first grade are held to a standard of success that their parents never had to worry about. While in the past those first few years of schooling were pressure free and simply intended to...
Adult Education - 5 Tips For How You Can Learn More
By: Deanna Mascle | 04/02/2008 | Education
There are a number of reasons why we should be lifelong learners. Continuing education reaps us professional, personal and health benefits that are too numerous to list. However if you do not want to enter another classroom as long as you live then take heart as there are other ways...
College Degree? 4 Reasons Why It Might Be A Good Idea To Postpone College
By: Deanna Mascle | 04/02/2008 | Education
Every high school junior and senior understands the pressure well. It seems everyone is asking that all-important question -- "Where are you going to college?" For some students the answer is easy. They know what they want to study and where they want to do it, but there are a...
College Degree - The Good, The Bad And The Ugly Truth About Developmental Education Classes
By: Deanna Mascle | 04/02/2008 | Education
Today's colleges and universities are changing with the times. Programs change as do the ways that students are taught. However there is one growing program on almost every public college campus that administrators are not proud to point out to distinguished visitors -- developmental education. This article will address the...