Each year there are 2,920,000 new businesses started worldwide, but sadly, only 10% of them will be making money within the first year. That means that 2,628,000 of them will not be profitable. That is a very sad statistic. But why is that the case and what can you do to ensure that your online business in the upper 10% that makes money?
Unfortunately, most people open their online business without knowing all the rules. Most people think that they will easily start making money as soon as they open the doors. Nothing could be further from the truth. It takes hard work (and plenty of it) to develop a profitable business.
There are 3 keys to making money online, marketing, marketing, marketing. This is where most people fail. Marketing your business is a never-ending job. It is something that has to be done every day. And when you finish today’s marketing tasks, you’ve got to start thinking about how you are going to market your business tomorrow. Most people get bored with the day-to-day marketing efforts and give up before they achieve any meaningful level of success. This is the number one reason why most people fail. They start out with good intentions, but when they realize that it might take longer than expected to make their millions, they slack off and eventually give up.
Just do it! Many people want to get everything absolutely perfect before they show it to the public. They constantly tinker with their website making minute changes. They tweak their sales pages and postpone going live. This is the kiss of death. The benefit of an online business is the fact that it is so easy to make changes. Give it your best shot and put it out there. You’ll make much more money by having a good website up for 6 months than you will by having a great website up for 2 weeks.
So get busy, get that website and sales page up there and start marketing. It is the only way that you can be among that upper 10% and earn some cash.
Do you want to learn how to make money? Get my new ebook and start making money online!
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By: LEE | 02-09-2008
has anyone information on unified wealth solutions system by howard & phyllis tanner??????????
Where do Ecommerce Business Owners Help Each Other
By: JohnScottDixon | 29-08-2008
If you are an owner or operator of an ecommerce business, where do you go to learn best practices, exchange information with other ecommerce business owners?
Trying to discover any groups out there that would help us learn from and grow with each other.
Has anybody made money with rx online and how long ...
By: bluey101 | 21-08-2008
Has anybody made money with rx online and how long did it take for you to start earning money?
related:www.consumersbestbuy.com/opps/onlinerx/default.asp?sid=11
Looking for a New Life
By: Andrew | 16-08-2008
Does anyone know of a house or commercial space in Branford, CT (close to highway) CHEAP (distressed, foreclosure, etc.) where I can start a small business that will skyrocket? Would anyone like to perhaps partner?
My husband is a stockbroker in Florida. We have ...
By: tisme | 09-08-2008
My husband is a stockbroker in Florida. We have been hit very hard by the accelerated real estate crash in our area (2nd in the nation for foreclosures) and as a result of tenant vacancies and inability to liquidate investement properties ahead of the bow wave of declining values he now has nearly 7 properties in foreclosure. I am extremely concerned about the mortgage companies pursuing him for deficiency judgements. There is just no way he could pay all of them if they are granted to the creditor and goes to collection. He says he can't file for bankruptcy because he will lose his stock broker license. I think a bankruptcy is less risky then having all the foreclosures on his credit and the possiblity of judgements/collections against him. What can he do to protect his license?
Pls. answer..
By: bardy | 30-07-2008
what is kantian ethics thought?
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