Tag Archives: how to be successful online

Top reasons why some fail in online business

 

 

 
 

 

Despite the huge success in online business for vast majority of people, some still experience failure. Here are the top reasons this is so:

Lack of confidence

Some people lack that confidence both in themselves and in the business. This could be due to inadequate preparation and lack of objective, direction and goal.

This also has to deal with low self esteem, negative attitude and mindset.

Some people cannot deal with failures, not realising that failures is actually part of success, good if you learn from the failure and take it as part of success.

Lack of patient

Most people who fail in online business lack the perseverance in online business. It takes time for the business to work. It is definitely a ‘get-rick quick’ one, so your focus must be on long term one. Online business is one of slow-growth business in the world, so you must be prepared to ditch your ‘get-rich quick’ mentality for a slow, but steady and sustainable growth. Do  not cut corners, not short term loopholes, but rather long term sustainable strategy.

Lack of commitment

Most do not realise the huge commitment for online business to succeed, and that it does require real hard work. Without real commitment and hard work, that success will be elusive. Rather have a realistic goal, and plan of action to follow through.

There can be lack of motivation for success. To succeed online, one needs to be driven by purpose, and be hungry for success, and never give up, even under very tough business situation.

Find a mentor

People try to do things in the way they believe or hope things will work out.  This unfortunately does not work in online business. It is essential to invest in training programme, and walk the trusted path of successful other online entrepreneur. Do not be afraid to invest in training resources and learn from others, thereby you minimise your risk of failure. Get  top training programme here.

Also invest in technology and spend money to aid your business growth. Learn from the right people, who create the success and have results. Listen, give away and build others up. Keep up learning and improving by the day.

Focus

It is easy to get distracted by the ‘shinny object syndrome’ in online business. These are marketers who wants to scam you by offering you what supposedly is a good investment. Always read others review on such products. Better to be focus and allow minimum distraction. Changes are constant, so be ready to adapt and accept changes that come with innovation. Be creative and have basic common sense and intelligence.

Fear of Rejection

There’s  some who think too much about what others think of them. They want others’ approval, and are too ashamed to reject low quality business proposition.

 

What is online business?

 

 

Most people believe that it is not possible to earn a considerable income from online business,  this is not true. However I will endeavour to analyse and explain in details what online business is.

 Definition

Online business is defined as a business done entirely online, either from person to person or from business to business. Most online business are classified as SMALL BUSINESS, and are actively engaged in offering goods and services online. Online business are divided  into two model:

The Business Model

This can either be business to consumer, or business to business. In business to consumer, goods and services are offered direct to consumers, whereas in business to business, the main service is offering of relevant information out there to help others make informed decision about products and services.

The Merchant Model

This is where an individual sells goods and services directly to consumers. This can be either by an individual owning a website where goods and services are promoted, or goods and services sold via third part websites like Amazon, eBay, Shopify and others.

How to be successful online

Goal Setting – Like most important issues in life, it is important to SET A GOAL, and be consistent in working daily towards achieving that goal.

Take Action – Make sure you take all necessary action in reaching that goal, which among other things include learning the needed skills, and training required to make you succeed.

Do not be discouraged – Most good things in life required hard work, (because if it is easy, everyone will be doing it), and some failures for sure. The most important things is not to be put off by the failures, but to keep pressing on until you succeed. Failures are actually part of success in life. Hear what Michael Jordan  once said:

Why I succeed – ‘I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games 26 times. I’ve been trusted to take  the games, winning shot and missed. I’ve failed over and over again in my life. And that is why I succeed’.

Do you want to take a second look at online business model, do you want to find out which one will be good for you, do you know how to go about it?

LEARN IT ALL HERE. 

Wealthy Affiliate – success stories

If you are really serious about making success of online business there’s only one way forward, and that is by joining Wealthy Affiliate University.

Wealthy Affiliate University is a community where you can learn from the scratch HOW TO SUCCEED ONLINE, right from building your website, how to write contents that add value to your readers, making the come back for more. This way you naturally drive traffic and make honest and legitimate income.

Here are some success stories from members.