Success in a new internet business will depend on both making good decisions and avoiding bad decisions.
A fledgling enterprise cannot afford to make many mistakes if it hopes to survive and prosper.
This article discusses the biggest mistakes for an online business and how to avoid them.
Taking on too many tasks means you likely won't finish any of them.
You must identify what is most important and then do it all the way till it is done.
Not Understanding the Basics of the Business This is a common malady among new business owners, especially those starting internet businesses.
There is a bigger learning curve than you think.
You have to learn how the internet works.
You have to learn how websites are made and updated.
You have to learn the details of email systems.
Selling to the Wrong Market You have to sell food to a hungry crowd.
You must make sure that people really want what you will be selling, that they will buy from you, and that you can deliver profitably.
Having Unrealistic Expectations About the Time it Takes to Succeed If you fall into this trap you are headed for major disappointment, which can be devastating.
Think of your new business like a small tree that will grow a little every day.
Give it time and it will be a mighty oak someday.
Losing Focus and Getting Distracted This is the most common mistake of new internet business owners.
It is easy to make when you get 200 emails a day and think you have to read them all, and they are sales letters for a new way to get rich on the internet.
A fledgling enterprise cannot afford to make many mistakes if it hopes to survive and prosper.
This article discusses the biggest mistakes for an online business and how to avoid them.
- Taking on too much at once,
- Not understanding the basics of the business you are in,
- Selling to the wrong market,
- Having unrealistic expectations about the time it takes to succeed, and
- Losing focus and getting distracted from your main goals.
Taking on too many tasks means you likely won't finish any of them.
You must identify what is most important and then do it all the way till it is done.
Not Understanding the Basics of the Business This is a common malady among new business owners, especially those starting internet businesses.
There is a bigger learning curve than you think.
You have to learn how the internet works.
You have to learn how websites are made and updated.
You have to learn the details of email systems.
Selling to the Wrong Market You have to sell food to a hungry crowd.
You must make sure that people really want what you will be selling, that they will buy from you, and that you can deliver profitably.
Having Unrealistic Expectations About the Time it Takes to Succeed If you fall into this trap you are headed for major disappointment, which can be devastating.
Think of your new business like a small tree that will grow a little every day.
Give it time and it will be a mighty oak someday.
Losing Focus and Getting Distracted This is the most common mistake of new internet business owners.
It is easy to make when you get 200 emails a day and think you have to read them all, and they are sales letters for a new way to get rich on the internet.
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