Why 97% Of People Fail With Their Online Business
Every single month there are millions of people searching for information on how to make money on the internet, yet less than 3% of those people ever actually make any money. So how do you stay out of the 97% bracket? Read on to get the answer and full story......
Tips For Starting Your Own Online Business
If you were to ask several different experts what it takes to be successful online I'm sure you would get several different answers. Some will tell you that you need to grow an opt-in list. Others would say that you must have your own products or services. Then there are some that say you must have a website first.
In reality growing a successful web business will likely require of those items and eventually more. But the one item, just one aspect that usually is the reason for most people's failure's? The inability to "stick to it". That's right not sticking to it or just saying this isn't working or I can't do it!
Let me share a story with you to illustrate this point.
A bright young man named Aaron wanted to start an online business so he hired a well-known guru to coach him. They talked about what Aaron's financial goals were and so it was time for Aaron to get down to business. The first thing that the guru suggested was for him to do a little research on potential profitable niches that he might be interested in and to give him just two ideas so he could evaluate them for him.
After a couple of days Aaron went back to the guru and told him I can't do it. "I just can't come up with anything. Can't you just tell me what I should be getting into?" Well the guru's response really surprised Aaron but that is when he realized something and it eventually led to his ultimate online success. What were the magic words from the mentor? He replied with one simple sentence....
"Aaron if you think you can't then you are probably right."
Aaron understood right away what his coach was getting at. The thing that was holding him back was his own lack of motivation and perseverance. He had a tendency to give up when success did not happen quickly and easily. He wanted fast easy results but that is not how business works nor online business success.
That is when Aaron made the decision he could do it and that he would not give up and stick to it. He not only found a profitable niche, he found a handful of profitable niches. He started his first internet business selling a manual about his experience he gained through the trials and tribulations of his son trying to get a scholarship. He had finally turned the corner.
So obviously the moral of the story is you simply must stick to it if you want to be successful in any business or an online business. It does not happen over night. All the get rich schemes you read or hear about on the internet today are just that schemes. Starting your own online business takes time, dedication and perseverance.
All those excuses that people make every day about why they can't make money online. It is a well-known fact, especially among successful business owners that success has nothing to do with business skills and everything to do with determination and sticking to it each time you face a new challenge.
Now I am not suggesting that you pour time and money that you don't have into a business that might be failing miserably. You must use common sense. But you can not give up before you have given your business a fair shake. If you have these following steps completed and 3-5 months later you're still not making money, then it may be time to try a new niche......
1) You researched you're niche and think you can fill a need
2) You have a website up with a powerful, well written sales letter
3) You have at least 2-3 traffic sources and 1000 qualified visitors via articles, PPC or referrals
4) You're collecting opt-in email addresses and following up with prospects
If you have all that done and are still not making any money, then maybe it's time to try another niche. There are millions of hungry buyers in thousands of niches wanting to buy. Keep plugging away until you find that specific niche that you can fill a need for. It will only take a couple of months to get to know each market.
Every single month there are millions of people searching for information on how to make money on the internet, yet less than 3% of those people ever actually make any money. The business owners who make money online are the ones who don't give up. They stick to it when faced with challenges that all online marketers face.
Don't fall into that 97% bracket. I always tell my Daughter that "can't" is not a word, and that I do not want her to ever use it! Stick to it, stay the course. Get some help but stay motivated to be successful online. Find something that drives you such as, getting out of debt, buying a home, or whatever the case may be and think about that and let it be you're motivation when things are going not exactly how you planned. Stick to it!
To Your Success!
Joseph P Helberg
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