Successful Internet Business Ownership - Why is it So Elusive?  

They say that of all the people who venture into online money-making endeavors, a very slim 2 percent of that large number of people actually succeed. Why is there such a high failure rate? This list is certainly not comprehensive but it is most likely because:

1. Offers are often misrepresented. The opportunities are pictured as being too easy and that they run on auto-pilot. It almost always gives the impression that making money online is as easy as a walk in the park.

2. Skills to succeed are not acquired. The mere signing up or joining of programs does not position a person for online success. You have to learn the core skills to succeed and actually apply them consistently. Doing so, gives you a competitive advantage over those who do not even exert the effort to study the fundamentals of this industry. To have a successful internet business, you just have to know how to actually go about it.


3. Technical or moral support is either lacking or absent altogether. The people who are joining the new programs are left to themselves to make the program work. In most cases, the new participants do not even have the slightest idea of what needs to be done. It is also common that the ones who are competent to help or assist take a long time to reply to queries.

4. The program does not offer a core product or service. It is common to see several opportunities online that are mere referral systems, that is, you are compensated for bringing others into the program. At first glance, it seems okay, but a closer investigation would verify the existence of an actual core product or service. Without it, programs usually do not last very long.

5. The program owners are inaccessible in terms of feedback or suggestions for improvement. Actual program users or business owners themselves offer a valid perspective about how improvements and enhancements may be instituted. Collecting and even soliciting those inputs can help optimize the potential of a business.

To simplify the points I just raised, it is essential that a successful internet business be transparent, offer opportunities to acquire skills and competence, and have online support. The opportunity should also have a core product or system, and an open channel of communication to invite suggestions for improvement.

Do look into these points, and transform them into concrete goals. Cross them out as you fulfill them. Then, you will have a much higher chance of finally having your own successful internet business.
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