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Get online business started
Why many people can’t get their online business started?
Getting the first online business to get started is always the hardest.
Someone once described starting a business as boiling water.
Water will not boil until it reaches its boiling point. So is starting an online business.
Only when you work on it up to the ‘boiling point’ then magic will happen.
Unfortunately the ‘boiling point’ of a business is not as clear-cut as that of water, so many people give up before the boiling point is reached.
Get online business started
When I was preparing for my first online business, my wife happened to be in the US for an 8-month secondment.
I had no kid at that time.
That left me as a lonely man in the house.
That was an important factor why I could focus and start my first online business.
Everyday after work, I would bury myself in the computer, learning about HTML and customizing the website for my first online business.
I usually worked until 2am, sleeping only 4-5 hours before going to work the next day. This went on for about 5 months.
There were times when I wanted to give up.
But whenever I asked myself, “What other alternatives do I have?”, the answer was “None”.
That had pushed me to continue working.
Don’t get me wrong. I had a good Masters Degree, so I potentially had lots of career choices. My answer was ‘None’ because I wanted a career that can eventually lead me to time and financial freedom, and I reckoned that running an online business was the only answer.
If you are starting out and thinking of giving up, telling yourself to ‘Not Give Up’ is easier said than done.
If your goal is to achieve time and financial freedom, perhaps you can ask yourself the same question that I asked myself,
“What other alternatives do you have that can lead you to time and financial freedom?”
If the answer is none, then forget about giving up and keep working.
To your success,
Kenneth
(CEO of LeadsLeap, join here to have all necessary online tools)
10 Reasons Why Your New Online Business Will Fail
and How to Avoid Having These Things Happen
I read a statistic recently that said 90 percent of new online businesses fail in the first four months. Four months! The reasons for this? There are many. Having been through the journey myself recently here are the 10 main reasons I’ve seen people fail at starting their own online business.
10 Lack of commitment. You talk about how much you want to start your own business with your family or friends, but you never really commit to getting started. You keep waiting for the ‘right time’ or continue to ‘think about it’ without ever getting started.
9 Poor planning. You finally get started but you didn’t plan well enough for the financial, emotional, mental and physical implications. You didn’t save enough money, you didn’t do enough research. As a result, you run out of money and ideas very quickly with no plan of how to get yourself back on track.
8 Lack of action. You simply don’t take enough (or any) action. Or if you do, because you’re new at business your actions aren’t properly aligned to your business so you waste a lot of time.
7 You attempt to grow your following on Facebook and Instagram but instead of being tactful and succinct you spend entire days on there browsing aimlessly.
6 You don’t know who your target clients are, or where to find them. So when you do get yourself all set up with your new website, Facebook page and business cards you’ll be completely baffled as to why new customers aren’t queueing up out the door.
4 Business plan; you don’t have one. Or if you do, you’ve just made it up with no real idea about how to generate the numbers or how to hit any of your targets.
3 Visibility. You keep yourself hidden behind the curtains (i.e. your laptop) as opposed to being as visible as possible.
2 You try to do it all on your own, without the support of others. You decide not to enlist the help of professionals and instead try to figure out everything on your own. You spend hours each week on non-money making tasks, such as fixing annoying tech issues with your website or mailing list. You end up scared, overwhelmed and lost, and frustrated at your lack of results. You realise there is a long road ahead that you aren’t prepared for.
The number 1 reason I see people fail at their new online business:
1 Comparison.
Social media can be dangerous for motivation, especially if it makes you feel negative about your own situation. Looking at what everyone else is doing and getting overwhelmed by their results can spell new online business disaster. Comparison crushes your creativity and feeds self-doubt, worry and concern. Concern that you’re not good enough, smart enough, young enough, old enough, not ‘liked’ enough, not earning enough or that there’s something wrong with you in general can really knock your confidence. Read more..
P.S. “Every day is a new opportunity.
You can build on yesterday’s success or
put its failures behind and start over again.
That’s the way life is, with a new game every day,
and that’s the way baseball is.”
~ Bob Feller, Baseball Hall Of Fame, 1918-2010
How one good training can change your life? – See this ..
