There are many reasons why an online business will fail. Here is a checklist that will help you identify some of those reasons.
· Don’t believe the hype – The general mantra in this instance is “If it is too good to be, then it is”. Don’t get involved in any business or programme that makes fantastic claims. One of the key questions you should ask such a place is “How can you guarantee the longevity and sustainability of this method?” The general answer you should get should be something along the lines of “multiple/varied streams of income”; if not, you are wasting your time there.
· Don’t be forced to buy in – Avoid any training programmes or marketing groups that insist on you making a purchase to enter. Usually these are their own training products or other materials related to the course. There are planet of free sites out there, so don’t waste your money.
· Connect with your sponsor – If the sponsor of your business is someone you can’t connect with, just walk away. It is your business so you have every right to do so. Staying with a incompatible sponsor will hurt your business more than you think.
· Spend more time learning – Whatever programme or course you join, give it the most attention. A half hearted approach will only waste your time.
· Do not rest on your laurels – When you achieve success do everything possible to continue it. Make the right contacts with industry leaders and always make sure you discuss upcoming trends and new business practices. In short, try to stay ahead of the game.
· What’s your goal? – “I want to be rich!” is not the goal to have; you have to be more specific. “I want to have 500 new leads in the next 2 months and I want to make $60,000 more than I did in the last three months” is more along the lines of what you should be looking at.
· Commitment – You can’t commit all your time to a business. However, you can’t neglect it either. So draw up schedule that will help you allocate time between your work and your family/ social life. Ensure that you are doing everything you should be doing for your business and that you do not fail to complete each days list of to-do’s.
Leave a Reply
You must be logged in to post a comment.