Thursday, June 14, 2012

What Are Some Expectations When Creating A Business Online?

Starting An Online Business - What To Expect

Starting An Online Business - What To Expect
By Tony VM

I've been an entrepreneur for much of my adult life. It's been a great ride, one that I wouldn't change at all. The ride, however, has had its ups and downs, and my latest venture into the online business world is no exception.

With all the hype, all the gurus claiming quick millions, all the talk, one would think it's just quick and easy to become a millionaire online. While I'm sure it's possible because I know some that have, I have not achieved that level YET. I say yet because it's only the beginning and I have a long road ahead.

If you're out of work, needing money, and thinking I could make a quick buck starting an online business, think twice about what you really want, and what you'll have to sacrifice to get there.

I started my journey to internet stardom several months ago, September 2011 to be exact. Wanting to get out of my current occupation of landscaping provided the motivation, the month September being the best time since the season was coming to and end. I'd have 4-5 months to make a go of it before the next season started.

Here I am, 6 months later and boy have I learned a lot. I've learned a lot about what online business is, what it isn't, and I want to share that insight with you. Hopefully, you'll get some valuable information that will help you in deciding whether to do it or not. Here are some important points to consider:

  1. The Key To Success - Patience- Starting any business, whether it's online or bricks and mortar, requires a lot of patience. First there's the start-up planning, lots of reading and learning, and website creation which could take a while. Once your product and/or website launches if you can't get traffic to your site, you won't be making any sales. I've learned that getting traffic is not that simple and unless you have a streak of luck, you'll have to work for that traffic, putting in lots of hours of SEO, article marketing, social marketing, pay per click, and other tactics.

    I have been working at traffic since December 2011 and I can tell you first hand, it's a tough nut to crack. It's taken hours and hours of work to get my websites anywhere near where they need to be.

    The good part about that is that once you're getting traffic and making sales, your website should run on autopilot, taking a lot less time to maintain. This is a great strategy for success. A huge commitment of time now, for a reward later. If you're ready to make the commitment, you've passed the first step.

  2. Inconsistent Income- Here's a question to ask yourself: "Are you ready to deal with an income that's unreliable at first?" It's best, of course, to have a nest egg or work on your business in your spare time. You could go many months will little income and when it does start, it will be inconsistent.

    Online business is like any other business, it will take time to get started, then start small, then once the snowball starts rolling, it will grow in leaps and bounds. Are you OK with that? If so, you've passed the next step.

  3. Discipline- There's no question that working at home takes discipline - the discipline to stay focused on your job while the distractions of your home are all around. Perhaps your children, pets, laundry and other tasks will be on your mind. You cannot succumb to those temptations. Stay focused.

    The best way I have found to stay focused is to created goals and a "to do" list at the beginning of the week. Check each one off as they're completed. If you KNOW you have a goal, you're more likely to get it completed. If you're able to find discipline in yourself, you've passed the next step.

  4. Persistence- There are a lot of obstacles to get in your way in life, and your business will have its share as well. You'll need to have a STRONG PERSISTENT ATTITUDE to stay the course, despite the problems going on around you. Think of it this way, each problem is just another step forward on your way to success. Nothing comes easy. Some folks struggle for years before finally hitting success. The key is, they didn't give up.

    I have found that when facing problems, the best reaction is NO reaction. You must consciously THINK of your reaction and consciously NOT react. Then, decide on a solution and act on that solution. This works for me. It helps me stay the course and not get bogged down by problems.

    If you have a tendency to throw in the towel and give up in the face of problems, entrepreneurship may not be for you. If you have a quality of staying the course, you've passed the test.

Some people are natural work-at-home entrepreneurs. I am one of them. If you don't have the qualities to run an online business you can still do it, depending on your drive to accomplish. Keep the above factors in mind as you think about whether an online business is right for you.

Tony VM - The Website Warrior
Visit my website, The Website Warrior at http://www.thewebsitewarrior.com for online business tips and web business tools. Plus follow along weekly as I discuss lessons I've learned while building my online business.

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