Internet Businesses – Some Traps to Avoid

Jul 21
07:47

2010

Noel J Ireland

Noel J Ireland

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The internet has become a place where ordinary people have generate huge amounts of wealth, but there also people struggling along with online businesses. Much like in the terrestrial world, some businesses do very well while others fail. You’ve made the decision that you’re the next person to hang up a virtual sign and open up an internet business.

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There are plenty of opportunities to make money on the internet,Internet Businesses – Some Traps to Avoid Articles and if you want to be one of those people, there are several pitfalls you have to avoid so you don’t end up being one of the failures. The first thing you have to do is fight the isolation. Being self-employed can be lonely enough, and adding an internet element on to it may make it even lonelier. You have no co-workers to interact with, no company functions to attend, no water cooler to gather around. Some people making the transition to entrepreneurship find this to be one of the most difficult things about working for themselves. Make sure you make time for social functions, whether they be online interacting with other self-employed people or the people in your personal life, like family, friends and significant others. The erratic nature of doing business on the internet means that you’ll be dealing with people in different countries and different time zones. If you do most of your business with people who live in Japan, for example, it may require you to schedule business hours in the middle of the night, since that will be the heart of the work day in Japan. Learn to plan around your clients depending on their location and come up with a feasible solution when it comes to making your official business hours. This way, your clients will understand that this is the set time you’re “open”, and it makes it much easier to make money on the internet when your clients know exactly what time they can reach you. If you’re fairly busy, consider hiring a virtual assistant. These people are self-employed just like you, and specialize in filling the roles normally filled by secretaries or executive assistants in terrestrial offices. They do much more than that, though, as some virtual assistants will even build a website for your business. Take advantage of their services and what they can do to help you build your business and continue to make money on the internet. Avoid the major traps of bad scheduling and loneliness and you’ll be on your way to becoming a true internet entrepreneur.

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