I have to admit that I have been a fence sitter as far as
utilizing the opportunities available for generating online
income is concerned. I have investigated, actively considered
and otherwise procrastinated about various probable
opportunities. Somehow that final push needed to plunge in has
been lacking. This has gone on for more than a year. One reason
has been a reluctance to take on an unknown entity without
proper guidance and education.
I do believe however that I have by now understood the various
steps necessary to launch and succeed in any online venture. I
am summarizing them here and would love to get feedback from
newbie wannabes as well as successful entrepreneurs to my take
on this topic.
In the absence of a personal mentor who will take me by the hand
and, guide me every step of the way this is what my distilled
wisdom advices me.
1. Have Targets and Be Prepared to Work Hard
It is imperative to view any online business with due
seriousness. It needs to be nurtured and developed just as any
other business. You are on your own and need to set your goals
realistically. Devote the necessary time, work hard at making
the business a success and then, only then, think of a vacation.
2. Have A Purpose And Be Disciplined
Well directed focus and Discipline. Passion and Purpose. It
applies to everything. What needs to be done has to done. Once
we have understood what has to be done and in what sequence, one
must get down to doing every one of those activities, without
procrastinating!! Successful people are successful because they
are willing to do the things that need to be done.
3. Have a Proper Plan of Action and a Definite Budget
An ounce of planning equals a ton of unplanned action. Plan out
a process before you take the first step, and you'll reach your
goals that much sooner. A budget helps to allot scarce resources
and forces one to sift the necessary from the wasteful. Spending
wisely should be the mantra. Lack of funds for critical tasks
including marketing, will make for a sorry business scenario.
Budget carefully and spend cautiously.
4. Learn From Those Successful People Out There
This does not mean that one has to buy every book out there.
There are in fact zero cost options like subscribing to ezines,
newsletters etc. and participating in forums. Successful People,
as a rule, are willing to pass on their wisdom to others and it
is for the uninitiated to learn how to tap this wisdom for
5. Do Not Spend Money You Do Not Have This should be obvious.
Cash flow is critical to run a successful business. You need
funds to constantly promote your business. Lack of adequate cash
flow is one of the biggest reasons for businesses getting stuck
in a rut. The bottom line is, if you earn a dollar spend ninety
cents and not a hundred and ten cents.
6. Buy Only What You Can Use
This follows from the above. Critically analyse whether a book,
a software, a membership is really benefiting for the business.
Do not be taken in by all the hype surrounding a product.
7. Learn Copywriting Skills
The internet and online arena is an impersonal one. Your only
way of establishing a relationship with your visitors and
potential customers is through your website copy and other
correspondence. It is imperative that you develop clear,
friendly and compact writing skills. It would be a good idea to
invest in this area for its long term benefit potential.
8. Speed, Speed, Speed
Here the trends appear and disappear at supersonic speeds. What
was in vogue yesterday is obsolete today and the same will be
the fate of today's `with it' products. One needs to move fast
and change faster. Here, Speed is Money. Adapt to change, roll
with the punches and you will survive.
9. Dive Into New Technology
As with trends so with technology. Welcome technology with open
arms and ride the crest. For instance, written word seems to be
on its way to being passe', today it is audio and video that
needs to be adopted to attract eyeballs. Incorporate as much as
is possible into your campaigns.
I believe I am now ready to take my chances in this exciting
About the author:
I am a would be internet marketer determined to succeed in this
amazing market place Exciting Lessons, Free Mentoring and more
at http://www.InternetProfitMentor.com 12+ hours of video
coaching and invaluable tips