What you must know before starting an online business

What you must know before starting an online business

Here are some cold hard truth about having an online business and knowing this may decide your path. Having an online business is not for everyone.

You can’t get rich in a day.

A lot of so called secret system promises you that you can make a fortune straight away but this is just a way to get you to buy their system. The truth is that it will take a while and you have to be patient.

Beginning is the hardest part

Getting your first commission may take a while. You get so much different information from so many different people that you get into information overload. Stay focused on one thing and get it done. Work hard at it and don’t get distracted.

There is nothing for free

Every business is the same – you have to spend some money. The amount of money you need to start an online business is relatively low when compared to bricks and mortar businesses. However, you will have to spend money on advertising, autoresponders, traffic, some software, courses, outsourcing etc. Don’t let this phase you. Think of it as investing in your business. Expect that you will have to pay and be OK about it.

You have to take action

You have to take action and consistent action at that!

Push button system etc. just don’t exist. Believe me they just don’t exist. I’ve tried them in the past and wasted a whole lot of time and money trying to get some of them to work.

You have to take action on a daily basis to keep the business moving and this can be hard, especially when starting out and you still have your 9-5 job.

Forget the hype

There is a lot of hype in this business and it easy to get sucked into the shiny object syndrome. I believe that the is the reason why many people keep spinning their wheels and don’t succeed online.

When you buy a product such as an eBook or a course make sure that you actually go through it and implement what is being taught before buying the next product.

I have a ton of eBooks and courses on my computer that’s collecting electronic dust which I bought with the intent to use but never got round to doing so. You need to realize that there are product launches practically on a daily basis.

By all means read the sales letters – look at the way they are set out and deconstruct them into the various copywriting elements – just don’t buy everything that comes your way.