The Top Reason You Will Fail to Develop a Successful Online Business

Oct 5
18:24

2008

Jennifer Herndon

Jennifer Herndon

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The top reason those who start work at home businesses fail is that they never take any significant action. Reading a free E-book, or even spending hours consuming a high-end internet marketing course, doesn't count as action. Taking affirmative steps towards growing your list and/or promoting your products is the definition of action.

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"Ideas are a dime a dozen. The person who puts them to use is priceless." -- Joe Sabah. Every day there are new "how-to" products released to the internet marketing industry. These products are full of ideas on how to develop a successful online business. Reading the sales letters for such products can be time intensive for those that run work at home businesses.

And that's what the product creators count on. You must buy the "secret" ideas found only in their $997 product if you want to have a successful online business.

So,The Top Reason You Will Fail to Develop a Successful Online Business Articles you buy the product. You read it. You understand it. You love it. Do you wake up the next day, week, month or year with a successful online business? Of course not. To expect such a result would be ridiculous.

However, many habitual product buyers spend a lot of time thinking "I have the top 5 products from the top 5 gurus, why aren't I rich?" Usually because they spent all their time learning the great ideas. But, they spend very little if any time putting any of these ideas into ACTION in their work at home businesses.

Undoubtedly, the number one reason those who start work at home businesses fail is that they never take any significant action. Reading a free E-book, or even spending hours consuming a high-end internet marketing course, doesn't count as action. Taking affirmative steps towards growing your list and/or promoting your products is the definition of action.

Recently I told you that a successful online business requires four tools -- a domain name, landing page, hosting account, and autoresponder. But my own story is proof that, even with these essential tools, you will accomplish nothing without action.

I hate to admit this, but I will in hopes that it will save you years of frustration. I bought the products. I read them. I even got my domain, hosting and autoresponder. And for an entire year, I paid for a hosting account that hosted nothing, and an autoresponder that had not one lead or one follow-up email in it.

I took in all the great ideas. I set up my work at home based business. And then I took no action. No action towards building my list. No action towards promoting my products. Not surprisingly, no money came my way.

There is no E-book, no home study course, no private coaching, and no live seminar that is going to create a successful online business for you. Taking action is the ONLY way to create success in your work at home online business.

Don't get me wrong, having at least one mentor is an important part of your success. We'll talk about how to choose your mentors in the future. But again, your mentor cannot make you successful. Only you can do that.

Here's what you must do to guarantee that your work at home online business doesn't fall prey to information overload. Determine how much time you have to spend on your business each day. Then divide that time in half. Spend half of your time on learning and half of your time on doing. In general, DO first, and then LEARN. Then, if you get wrapped up in doing and don't get to the learning that day, it's okay. It's NOT okay to get wrapped up in learning and never get to the doing.

Remember, to take action in your work at home based business, you must be directly doing something to build your list or promote your product. Reading about list building doesn't count. Drafting copy for your landing page does. Watching video tutorials about how to choose a product doesn't count. Bookmarking your articles to social media sites does.

So take in all the ideas. With all the great blogs and free E-books these days, ideas truly are a dime a dozen. But remember, you can learn as you go in this business. Any action is better than no action at all. Be unique. Be the person that puts the ideas to use. And before you know it, you will have a successful online business, the lifestyle you want, AND, you will be priceless.