If your failing at an online business it is both strange and terrifying at the same time.
Strange in the fact that you are doing everything right and terrifying that your business is going nowhere.
Let’s answer the question: “Are You Struggling With Your Online Business?”
Here’s a few answers that I have found over the years of having an online business.
- Do you think of your business as a hobby or a business?
- Are you dedicated?
- Can you focus or always looking at “Shinny” objects?
- Do you work at your business everyday or part-time?
- Are you willing to learn or you think you know it all?
- What are your distractions?
- Are you easily discouraged?
- Can you invest a few dollars in your business or trying to get by FREE?
These are a few of the issues I have found that have caused people not to succeed in growing a business.
Operating a business is hard enough. Operating an online business brings up new issues. Issues that many find difficult to overcome.
True Story: A good friend (I’ll call him Jim) had a restaurant for 14 years. He was able to pay the bills and have a little money left over for himself. Two year ago, Jim decided to sell his restaurant and start an online marketing business. After all, he was a very knowledgable business owner. Jim struggled for 6 months with his new business. However, he was persistence and continued for another 6 months before he decided that he needed help with the idea of being “ONLINE.”
Jim got the much needed help and today he has a full-time business. Is he “Killing It?” No, but he is able to pay the bills and have money left over for himself.
Jim will tell you that operating an online business is very challenging if you try to go it alone. His advice, seek help, get the training, and be persistence.
Starting A New Business Can Be Risky
Jim’s experience is exactly what it is like when you start an online business.
If you are thinking of starting an online business you know inside, that:
Starting a new business is risky – your overwhelmed with issues you never thought of. Your thoughts of failing and crawling back to your boss to beg for that old job paralyzes you with fear.
You maybe thinking about taking control of your destiny, and see where your passion gets you. But you know deep down that passion is not enough. To make this online business work, you have to create a self-sustaining source of income.
To many people, starting a business sound like a dream. A dream of owning a business, sleeping late, working when you want to, and making money 24 hours a day.
For some, instead of just dreaming they take action. They take that scary leap. The idea of having a business, is to many a dream come true.
When is the best time to start?
Well Tomorrow Is Too Late….there is no better time to do it than now. The online revolution is here and in full swing, ready to scoop entrepreneurs that are courageous enough to enter this multibillion-dollar embrace.
Excited? You should be.
Potential Online Entrepreneur
So, what should a potential online entrepreneur do?
Getting started can feel like an ever ending spin of a merry-go-round. So much to learn…so much think about!
That’s when the reality of failure sneaks in and then threatens to take the opportunity right out of your hands.
Because there is a big difference between failing because you jumped in unprepared for the challenges ahead, and failing while doing something the correct way.
The irony here is that the fear of failure drive us to make silly mistakes. Mistakes that can be easily avoided.
But the good news is that most of these common mistakes of why online businesses fail are avoidable.
Remember the story of Jim? Jim failed for over a year because knew everything about how to operate a business, his restaurant, but knew little about online marketing.. He thought his business knowledge was enough to get him by.
Here is the one thing that could be the cause of your failures.
Mixing lots of strategies at a time
New Strategies
Nowadays, there are lots of strategies being launched every week. Most turn out to be “Shinny” objects. Shinny objects are very tempting, making promises, offering unrealistic money making opportunities, and sometimes they are nearly impossible to ignore.
Example of such offers are;
- Get 10,000 Instagram followers in 30 days
- Get 2,000 email subscribers by the end of tomorrow
- Build a six-figure online business while you sleep
The list goes on
It’s normal not to look at such offers, and wonder “what if?”
So, you decided to try these new powerful strategies, and tactics from these mentors, and soon find that all they want is your money.
Sure you may get a ebook, a few training courses, possibility some coaching but the reality is that many will keep asking for more money to receive more training, more coaching and better opportunity to make money.
What you don’t know is that you are creating a monster that is capable of wreaking havoc and destroying your businesses and your valuable time.
Important Note: I personally know of one such company. This company offers a membership that is affordable for most people. As you hand over your money, you are immediately offered an upgrade to their more powerful package.
Hoping this new powerful package will fulfill your online success, you hand over more money. Then during a webinar you find out that most of the members have purchased the “Entrepreneur ” program. So what do you do?….you hand over more money.
Now your many thousands of dollars into your dream business only to find out there is another “UPGRADE” just for you!
Is this a scam? NO. What the company is doing is taking your money with a promise that you will become a millionaire with their help. Many fall for this promise, and soon are in debt to many hundreds or thousands of dollars.
Nick was in $50,000 with such a program only to make a few hundred dollars a month.
Mixing Strategies
You start to mix strategies.
After all you’ve seen online business gurus doing it, and getting the result your dreaming of.
What they are not telling you is that every effective strategy is put together in a certain way for a reason. You can’t omit or change these steps without breaking the other one or it wouldn’t be called a strategy but a collection of ideas.
Those gurus your followed are experts at mixing stuff. They probably have tried it the simple way at first, and then tweak it based on their result to make it work even much better for themself.
Bear it in mind that what you want with those mixed strategies might stop you from getting what you want in your business.
My advice: Pick a mentor that has a doable strategy, and then stick to it. Give the strategy a chance to start winning.
Stay with proven strategies
If there is one thing I’ve learned over the years I’ve spent online, its that you can’t do it all, and expect the same results.
Growing a business by yourself does not work. It takes expert advice, mistakes, doing it again, training, and learning the newest marketing strategies.
The Quickest Way To Build An Online Business
We all know that the quickest way to build an online business is to tap into an existing profitable market. A market that is already profitable, growing, and has a long future.
Some of the top business gurus should be your role model, they are already very successful.
Follow their advice, do as they teach you, then modify to fit your way of marketing, but only after you learn the basics.
Lean on them, ask question, be a student, do what they tell you to do.
Start with one strategy such as Facebook and learn all you can about Facebook marketing. Once you master Facebook, move on to another strategy.
Again, as for help. Most good mentors are more than willing to help. Learn from their mistakes so you don’t do the same.
Soon you will be Original and new people will be asking you for help and advice.
My advice:
- Have a strong can-do attitude
- Pick a format that matches your personally
- Be yourself
- Develop a marketing plan that your comfortable with
- Follow your guru but be original
Finally
It takes time, energy, commitment, focus, and money to build a business, any business be it affiliate marketing, network marketing, brick and mortar, etc.
It takes knowing that you will make mistakes, be discouraged, frustrated, willing to quit.
It’s knowing that any business takes risks. Risks your willing to do. Risks that you can overcome with knowledge and a positive attitude.
Understanding marketing strategies. Knowing that strategies can change and be willing to learn how to adapt your business with the new strategies.
Never falling for the “Shinny” object syndrome.
Stay with proven strategies.
Use TOOLS. Tools like Funnels, Lead Magnets, Autoresponders, and now AI.
Get the necessary training to grow your business to the level you desire.
Have a budget to spend carefully the money necessary for the success of your business.
Never…ever mix marketing strategies until you have mastered one before trying another.
And Be Yourself. Don’t try to emulate others.
Be willing to sacrifice some of your free time.
Successful businesses are products of numerous sacrifices.
I can remember when I first started my online business;
- I watch less Tv
- Gave up some of my hobbies
- Work into the evenings
- Spent many weekends learning and doing
- Worked even when I didn’t feel like working
Important to remember, if you have a family it is necessary to spend time with them. Your family is very important to your success. You need to look for ways to include your family in your business. Let them know what you are doing and why.
They should know that your sacrificing some of your time to build something for a lifetime. Include them with your decisions, especially when it come to spending money.
Closing and Commercial
My business took a remarkable change when I found a mentor.
He coached me on Automated Autoresponders, email marketing and directed me over to a powerful affiliate program called, “The All In One Business” which had a PDF written by a top earner called the 30 Minute Workday Escape Plan.
The All In One Business has 2 plans: For $25/month you have access to a Done-for-You funnel builder already up and running for you.
Then for $125/month you have access to the Premium Academy in which you will learn the basic as well as advanced marketing plus much more.
Choose one or the other, however by combining both you have a powerful program, better than anything online today at such a low price.
I hope you’ve found something in this article to help you in what ever you plan to do.
If you want to pick up this powerful program CLICK HERE
If you want the Free 30 Minute Workday Escape Plan CLICK HERE
Thank, and have a great life.
