Friday, November 13, 2009

Factors of Success in online business

Before I discuss the actual online business, let me share with you a few critical success factors to become successful in whatever thing we do,including the Internet business.

The other day I read a book by Zig Ziglar, an American top motivator. In the book, one of the quotation summed up what it takes to become rich. The quotation says" The profile of a wealthy person is this: hard work, perseverance, and most of all, self-discipline".

Yes, to be successful , you need to work hard, persevere and have self-discipline.However, working hard is only at the initial stage, once your online business is up and running, it literally runs on auto-pilot and generates passive income for you. Perseverance is also very important at the initial stage, don't give up when you don't see positive cash flow for sometime. You have to keep on adding contents and market your business until your website ranks high in the search engines. When you reach that stage, money just keeps pouring in.

Off course you need a lot of self-discipline to be sucessful in online business. Managing business at home might makes you lazy as you are living in a very comfortable environment, there is no one to push or motivate you. The only person that can push and motivate you is you yourself!

Okay, will tell you what to sell next time.

3 comments:

Anonymous said...

Hi,

Before starting any online business finding a profitable niche market is essential. You need to be sure people are interested in what you have to offer. Many individuals do not do their research and then end up wondering why no one is buying what they have to offer.

Unknown said...

Your online business services is very useful into the market, online business always save money and time. and you can easily access online business products like yaolit

Blake said...

In any kind of business venture, it is important to be persistent and patient for the return of investments (ROI). I agree with the kind of attitude that you want business owners to embody before trying to earn online. I'd like to add though, that for the business to expand, business owners should not be complacent with 'passive passive income'. It would be better to also try getting larger deals by meeting big clients which is usually done personally.

Even if, the online business does not have a permanent office. They can try corporate solutions. We came across meeting space washington dc while looking for an ideal business meeting location. They helped us in locating good washington dc meeting rooms that would be used for our business negotiations. I suggest other businesses to try their service for face to face deals.