Why People Fail In Online Business By Andre Thunestvedt

It's no secret that 44% of new businesses in the real world close their doors within the first two years of opening them. In the first four years, 66% of small businesses fail. In the online world, the numbers are worse. Everything is faster on the internet and that includes the deterioration of new businesses. 95% of online businesses fail and they fail in a matter of months.

Disheartening? It doesn't have to be. You can learn from other people's mistakes. Other people's successes in the online world drove you to want to start your online business. Their failures can help you.

Who wouldn't prefer to avoid rush hour traffic in the morning on the way to the office and in the evening on the way home from the office? And everybody hates their boss. Even if you like your boss, you prefer not to have a boss at all. That's the allure of the internet. Making money in your pajamas and answering to yourself.

It's also one of the biggest reasons people fail in online business. They have to answer to themselves. When you first venture into being your own boss, it's extremely tempting to slack off on your work hours. It's even more tempting if you work from home. You have the television, video games, the refrigerator, the children and the spouse all to distract you. Being your own boss takes more discipline than having a job where you take orders from someone else. The lack of discipline in most online business owners causes them to relax their efforts ten times more than they would if they had a boss to answer to. The reality is that in some aspects, being your own boss can be more demanding than a job. Your businesses success and failure hinges on how much work you put into it.

Many online businesses fail because the owners dive into the venture with the wrong mindset. They try to take brick-and-mortar concepts and apply them to the internet. The internet is a different monster than a brick-and-mortar retail shop. With a brick-and-mortar retail shop, you start with a great location and you build a beautiful store, a little advertising and the customers come. Online business owners put all kinds of money into building beautiful websites and then sit back and wait for the business to come to them.

It doesn't work like the late night infomercials tell you that it does. That brick-and-mortar retail store competes with only the other four or five retail stores in that plaza. You build your beautiful site and it competes with millions of other websites. Now, how are people supposed to find your needle in that haystack? Search engine optimization would be a good start. Create a site that the search engines love. Hopefully, your site shows up at the top of the search engine results (this is prime real estate on the internet). But in order to do that, you have to plan accordingly.

Lack of planning kills any business. It's extremely detrimental to internet businesses. For an internet business to succeed, there has to a comprehensive plan that includes website design, the focus of your business, marketing strategies, fulfillment strategies, and strategies to handle customer complaints. Most new internet businesses have no focus. The owner just knows that he wants to start a business online. He has some idea in his head that he wants to sell video games, for example. Unfortunately, he has not created a plan to differentiate himself from the other million and one websites that sell video games. He becomes a speck in the dust.

In order to properly plan, the online business owner has to have knowledge of every aspect of his business, marketing strategies others in the field are employing with success, and the knowledge of internet marketing. Most online businesses fail because the owner jumps into the business powered by his dreams of financial success or freedom from a traditional job. They fail to take the time to learn the intricacies and strategies of internet marketing and what it takes to succeed in an online business.

An online business needs three factors in order to achieve success. The business has to generate traffic, keep constant contact with customer and close the sale. Even brick-and-mortar businesses can't survive if they have no customers. Online businesses are the same way. If no one visits your website, then you can't make any money. Many new online business owners, their first time starting a business online, expect that simply having their website online will generate business. It doesn't. They've gone several months before realizing that they have to generate traffic on their own. By then, it's too late for them to learn how to use internet marketing to their advantage. They've already spent tons of money launching the business, warehousing products, and shelling out for expenses.

Some people have the luck of hiring a website design firm who has explained to their customer that they will need site optimization, and probably offered traffic generation services. It's great to get traffic. But you're going to be throwing your hands up in the air in surrender when you have a thousand customers a day to your site and still aren't making any money. That's because you've failed to grab hold of this prospect and not let him walk out of the door. Online businesses have an advantage over brick-and-mortar businesses. It's easier for an online business to capture email addresses and information about customers than it is for brick-and-mortar business. Unfortunately, some online business owners actually fail to do this. Simply capturing email addresses gives you the opportunity to invite this prospect back to your site. The job that people say they despise the most is sales jobs. Even though we are constantly selling ourselves, people are so fearful of sales. Too many business owners take this same mentality into their online business. You can't be afraid to ask for the sale. If you never ask for the sale, how do you know if you will every get it or not?

Finally, the greatest tragedy of all online business failures is neglecting the use of the tracking capabilities of the internet. The internet is such an amazing tool for tracking and measuring statistics. It's unbelievable how many online business owners fail to track and measure their efforts. This probably is a byproduct of improper planning. But even planning without tracking and measuring results is pointless. Because of the lack of tracking, you could end up spending more money into advertising efforts that aren't working and less time and money on efforts that do work.

Your online business doesn't have to fail. Educating yourself on internet marketing and operating and online business will build your self-assurance. Constructing a plan for your business will help you develop the discipline you need to keep your business moving in the right direction. Don't allow your online business to fail when it's so easy to get the tools to succeed.



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Online Businesses Don't Work!

Type in the words 'Online Business,' 'Working Online,' or several other versions of that word-search and you will find a myriad of online business opportunities. It would appear that there are hundreds, if not millions, of people becoming entrepreneurs overnight, with millionaire lifestyles all with online business working only two-hours a day. If this were the case, would we not all be amassing our fortunes online?

The real question is: How do you sort out the wheat from the chaff: The good online business from the bad? There are so many online business opportunities on offer. There are a number of essential elements that any online business has to have to make it a credible and viable business:
1. Are the online business incomes credible?
2. Are you given full systems support for your business?
3. Do you get any training?
4. Is the training on-going - does it develop with you?
5. Are there real people for you to talk too for advice, help and support?
6. Is there an actual product behind the internet business?

'Earn 100k in one month.' We have all seen the adverts on Google or Yahoo. This will come as no surprise these claims are not true for the average internet business entrepreneur. The claims are more often than not bogus. Any internet business that is offer 100k income after four weeks is likely to be a scam. These sites claim that for minimal investment you will reap huge rewards quickly without having to do a thing. If someone, a complete stranger walked up to you in the street and said: "Give me £100 and I will make you a million." Would you do it? No. I thought not.

It is possible to earn a good amount of money online, in some cases, life changing sums of money if you take the time to understand study and substantiate how the income claims are realized. For example an online marketing business may specify that it take 800 leads to return 1000 in sales per month. The business should specify whether the lead generation is free or requires investment in the form of advertising on Google or Yahoo. It is important to note that 800 leads may not automatically lead to 1000 in sales, as like in any business, there are always going to be some variables that impact on the overall sales per number of leads. Any sites that offer 100% conversion rates should trigger big flashing warning signs in your brain 'Danger!', a spoof business opportunity, don't invest!

Once you have substantiated that an income potential is achievable form an online business opportunity it is important that you know how the business generates its income. What operating systems are in place to ensure that your internet business, that you have invested time and money in, will operate successfully and what does it cost?

A true online business should offer you an integrated and personalized marketing and customer management system. This facilitates you with the means to set-up and run your own personalized website and the leads generated by your website will be stored for you to view and follow-up with. The most professional online business opportunities will offer you a detailed traffic, leads and sales tracking systems that will allow you to see which adverts and promotions are driving traffic to your site and which are not. This saves you wasting time and money on advertising that does not work and investing more in those adverts that do generate sales.

Once you have a list of interested potential customers (leads); are you left to call the customers or does the online business operate a system that allows your leads to be followed up by their team of experts? Credible online business opportunities will offer you a professional call center to assist in helping to close sales or tell people more about your business and service and product that you have on offer. After all, you may not be able to talk to every lead; you may well be working your regular job while starting this new online enterprise.

An important point, that is often overlooked, is one of language. The internet is a worldwide communications conduit. This means that only having a business that operates in one language, like English, may limit the scope of what you have to sell to customers who understand that one language. Look for businesses that offer to market in multiple languages. The more people you can offer your product to, the more sales you will make.

So you have research the income claims and reviewed the business systems and support network but how do you use it? This is a massive issue. Many people signup to online business and fail because they don't understand how the online business operating and marketing systems work and how to use them. Training is vital for anyone entering the online business world looking to make real money.

A reputable online business opportunity should provide full and ongoing training to all its members. Training that is tailored to fit your skill level and the speed and style in which you learn new skills. The pace should adaptable to your pace not the companies. It is an absolute that you must review the training that your online business opportunity is offering and that it offers training across a number of multi-media formats: written, power point, webinars (online seminars), conference calls either phone or video and one-to-one training. The training should be bespoke to the time and investment you have to put into your business.

You should be given a comprehensive education in your new business with strong emphasis on how to market your business and meeting your business goals and expectations in line with your current level of experience and investment. Once you have mastered the fundamentals of you new online business opportunity you should be offered (given) further training to help you optimize and grow your business help you to gain more sales and profit.

Beware! I say it again: Beware! Fully automated systems don't work and are often a con. It is true that the internet is a twenty-four-seven, three-hundred-and-sixty-five day business and that this is driven largely by the Internets power to run fully automated systems but remember that fully automated systems have no interest in the success, or, for that matter, failure of your business. If you are going to invest in and grow and online business, are there people who operate this business there to help and advise you? Are there personal statements, written or video, of people who have actually had success with this online business? If you sign-up to an online opportunity or request information does someone call you or are you called by an automated message. If the latter, avoid this business - you and your new customers are worth more than this.

Lastly, and maybe, most importantly, is there and actual product to sell. Many online businesses sell you a system without a tangible product or service to sell. If there is no product or service, what's the point? What are you selling? What are your customers actually going to buy?

If you are seriously looking for an online business venture be sure to check the following: Are the income claims real; how do the online systems work? Ensure that there is training and that it is ongoing and easy to understand; that the system is not 100 automated and that there are other people in the business that can help and support you, ideally with a vested interest in helping you succeed; is there an actual product or service to sell? Once you have answered these questions you should ask yourself one fundamental question: would I buy from this online business? If there is even the slightest hesitation once you have done you research, then don't do it.

If you would like to find out more about real, serious, online business opportunities go to [http://www.newbusinesshome.com].

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Top 5 Ways to Make Cash from your Computer at Home.

So Many Ways Of Making Money Online

I find it absolutely amazing how the internet has just permeated into every aspect of our lives. Money used to be represented by gold, copper or other metals. The value of money used to be backed by the amount of gold the issuer had. Then when money was taken off the gold standard, it became represented by paper. The piece of paper in itself had no real value. It was who was printing that piece of paper that mattered. Money became an IOU of sorts. Today, with the internet, money is not even that piece of paper anymore. It is represented just by numbers. Money can be created out of nowhere, and can disappear as quickly. Making money has never been easier. Today, even virtual products can be bought and sold, for real money. All thanks to the internet.

So what are the ways of making money online ? My list is far from exhaustive, I'm sure.

Online marketing has been used in the real world, where real products are bought and sold. Supermarket chains now allow their customers to order their products online. Shopping used to take 2 hours, including travelling time. Not to mention, one had to match one's timing to when the shops were open. Today, you can do your groceries at 1 am, and get them delivered the next day. Just log onto the website, click a few items and pay with your credit card. Done. You don't even need to buy your things from shops in your neighbourhood. The shops don't even need to be in your country. In some cases, the shops don't even exist in the real world, just online. You can get books and many other products from Amazon.com. Ebay is virtually synonymous with online buying and selling. You never have to touch a paper dollar. Paypal transfers some numbers from your account to the merchant's account at a click of a button. Selling products online has opened a whole new world of customers. Now you can sell your products to people worldwide. All they need is an internet connection. Then the postal service collects the goods, and ships them over to you. And I thought with the advent of faxes and emails, the postal services will go out of business. Now they are busier than ever.

So what else can one buy with online marketing ? Digital products are becoming increasingly popular. E-books, computer programmes etc can all be sent through the internet. No need to wait for the postal service to deliver the product to you. Just click on the button, pay with paypal or your credit card, a few numbers disappear again, and the product is yours ! Huge business. If the google advertisements are to be believed, many people are getting rich just selling digital products online. The production costs are minimal. Outlay doesn't cost much. It is hardly surprising these products are able to pay out as high as 50-70% in commissions.

Google and Yahoo! function almost entirely in the internet world. Look how rich their creators have become, and their wealth is still increasing.

Then you can make money online with advertisements. Google adsense is probably one of the best known ones. People pay google for its pay-per-click ads, called adwords. Others allow google to put a few little advertisements on their websites. Hardly complicated. In fact, for the google people, it's almost nothing, as the advertisements are written by the advertisers themselves. The computer helps them find places for the advertisements to appear. People who want the advertisements simply apply to have them appear on their websites. Someone else clicks on the advertisement, the advertiser gets charged, and the "advertisee" gets paid. Hopefully a sale also results. And google makes a fortune. They must be hundreds of digital products and blogs / websites all tailored towards making money using adwords or adsense. These products in themselves generate millions of dollars.

There are also many websites set up specifically for people to get their websites noticed by those searching for similar products. Some are free. Others charge a fee. You can always get a website set up by someone who is technologically savvy, or use one of the many services available.

Then there's affiliate marketing. Wonderful way of making money online. For this, you don't even need to have products. You just borrow other people's products, market it for them, and get paid commissions if the products are sold. Add this on to websites that get created for you, and you barely need to do much work yourself. I've found that you can even pay people to write articles for you to promote the products ! Some places that offer affiliate marketing I've found are clickbank, amazon and the rich dad company.

If all this sounds too complicated, there are the old easy ways of making money online. Enterprising people have put together lists of companies who are happy to pay people to answer surveys online. For a small fee, these companies are able to get surveys to find answers to how their customers feel, what they want and what products they like. They don't have to hire people to do it for them anymore. At a click of a button, they can send the surveys out to many who have registered with them to answer surveys. In the past, someone would have to call each person up and speak to them. As for those answering the surveys, it is really easy money. For a few minutes of their time, at their own leisure, they just click a few answers and the money comes in ! Wonderful concept.

Just a side comment. Trading in stocks and their derivatives have been around for a long time. All this has become so much easier with the internet. Traders no longer need to call up their brokers frantically trying to buy or sell their stocks. That's another way to make money online.

And finally, this one took me by surprise when I first read of it in the newspapers. People are now selling virtual products online. There are many online games, some where players from all over the world meet in the virtual world. Some games involve creating characters with particular powers, or with particular weapons that can be used against other players. The article mentioned that some people were actually paying others real money for virtual weapons !

There are so many ways of making money online. Money is being created everyday this way. And all it takes is a lot of imagination , eyes to see where the money is and a little technical know-how.

[http://www.whymoneymatters.blogspot.com]

http://www.whyhealthmatters.blogspot.com



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How to Achieve Your Goals With Online Jobs

Online jobs can really be our gateway to success. It might sound unbelievable at first, but once you set out on this venture, you will understand that, it is not very difficult to benefit from online business or internet jobs. Home-based business is really picking up in the current times, especially since these jobs are more lucrative than we ever thought of. The earning power of these simple jobs are much more than we ever anticipated it to be and thus, people are now more excited to be earning through online means than spending an entire day at an office which is quite far off from your home. An employee working at an office actually spends on an average a minimum of 2-3 hours for traveling. With a job at home, you can certainly make the same or even more of what you were earning at your desk job and you can also be at home and can enjoy working for your cozy home, and the most fascinating point is you do not have to dress up in your office attire as well.

The wide array of opportunities opened through the internet means is definitely fascinating and amuses each one of us to try it at our home. In fact, there are many full-time employees who have taken up part-time online jobs and have greatly benefitted from this venture, which is the most apt for today's times. There are also several thousands of people who have been extremely successful in their online endeavors and have thus quit their full-time jobs to start their own business from home. Being able to establish and create something of our own is extremely exciting and online jobs do allow us to achieve such grand success with some patience and lots of hard work.

You will never regret your decision of plunging into the internet job arena and they are the right kind of jobs for the time.

Shaun Smith is an online marketer who has been helping people out by coaching, training and mentoring them for the past 5 years. Please check out http://www.700inaday.com for more information about his online money-making strat

Great Automated Income

The Real Significance of List Building

Being a successful internet marketer is not an overnight task, yet with the right tools and techniques you can definitely make a mark on this vast online space wherein all you need to do is equip yourself with the right knowledge and facts. Internet marketing usually takes way more time than what is usually advertised around us and in order to watch your business flourishing, you need to put in quite a lot of hard work and efforts.

The reason behind the success of an internet marketer is his own valuable list which helps him to market his products in the most convenient fashion and also helps in to proceed with the business. Without your list, you cannot climb up the ladder of internet marketing and the only result you can taste is failure. Internet marketing does require an eminent list to keep your business fresh and alive. The most prized possession for an internet marketer is his list because it is the only way through which he can make his business to prosper. It is only with your list that you sustain in this field and can prove your true worth to your fellow competitors and to your clients and the marketer with the biggest list will certainly be a winner. Building a list is not as hard as it seems to be but at the same time, it does include the following points such as:

1) Having your own website through which you can exchange product details while the client gives their name and details

2) Formulating the webpage through which download of the product is possible.

3) There should be another webpage to gather the data of prospective clients

These are some of the basic criteria which need to be fulfilled before the actual list building happens. In all, if you plan to make it big in the internet marketing field, do remember that you definitely need to make your own list which is not at all a difficult task if you follow the right principles.

Shaun Smith is an internet marketer who has been helping people out by coaching, training and mentoring them for the past 5 years and also helps people in list building. Please check out http://www.lazylistbuilding.com for more information about his online money-making strategies.

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