3 Factors Blocking Your Business Success Online
Your business success on the internet or lack thereof is directly linked to your own work background and personal attributes!
Here are 3 leading factors that prevent many from escaping their 'day job' when attempting to blossom into successful entrepreneurs online!
Lack of Planning
Many assume that by simply 'taking action' even if it appears to be without a definite direction, that they can become a small business success! The fact is that businesses big and small all need some type of strategic plan in place in order to initiate and sustain some type of growth! Product determination and/or development can only be done after some sort of market analysis. Once that has been established attention must be paid to the most appropriate and effective marketing strategies to employ! You'll even need to determine what resources you have available in terms of financial and even your own time availability! Most successful entrepreneurs realize that in many cases time is their most precious resource sine they have only so much of it and it is non-renewable! It is very common for many people to have little or no experience making plans or provisions like this!
Lack of Experience
Most profitable businesses got that way by taking risks and making the right decision and this is NOT a matter of simple pot luck! Trends, customer demand and even changes in strategy will need to be considered and addressed from time to time! Especially working within the dynamic internet environment successful entrepreneurs realize and accept that change will be continuous and adjustments will need to be made! It only stands to reason that the more experience a person has in these matters the greater the success they will experience!
Lack of Motivation
Quite possibly the single biggest deterrent people encounter when striving for their own small business success is they are no longer part of a team! When working for someone else you typically have a job description along with specified instructions as to what you need to accomplish and quite often how to do it! Building your own internet 'empire' the buck stops with you which also means it starts with you as well! Are you motivated enough to put the whole plan together and then see to it, daily, that it gets implemented? Being able to self motivate is one of the biggest differences between successful entrepreneurs and day dreamers! One simply thinks about the 'possibilities' while the other makes these possibilities their reality!
The fact of the matter is that your business success online is very much a product of your own background and work habits! Successful entrepreneurs know full well that to build a profitable business planning and much discipline will be required! For those use to working for someone else they tend to have little experience in these areas since they were always following the directions of others! It simply boils down to realizing that to be your own boss you must in fact shoulder those responsibilities as well if small business success is to be yours online!
Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR
TJ Philpott is an author and Internet entrepreneur based out of North Carolina.
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