How To Have A Successful Online Business
Why
do so many entrepreneurs fail at their online businesses? And what can you do
to avoid failure? In this article, we'll address this problem directly - and
with a good dose of common sense!
Having
your own online business seems like a great idea, doesn't it?
You
sit down at your computer, come up with a product or service idea, and start
marketing it all over the world... without even getting up from your chair.
Everything happens virtually on your website.
And
some of the people you reach through your site will buy your product, sign up
to your mailing list, get to know you and your business better, and stay on as
loyal customers and repeat buyers.
Over
time you will build a mutually beneficial relationship in a friendly, low-key,
inexpensive way. By playing your cards right, you can even steadily build it
into a big business that serves large crowds of clients, and pulls in huge
profits.
Wouldn't
it be great if that was how things actually worked?
Well,
if you've actually tried to build an online business, then you know it's not
like that at all. In fact, if you've tried it out, then you know that it can
actually be more challenging than building a brick-and-mortar business in the
"real world".
Why
is this?
Well,
for starters, it's this way because almost everybody else is dreaming about
this 'ideal fantasy' of running an online business from their bedrooms in their
pajamas - and growing rich automatically. And the group of 'shovel sellers' who
equip these 'pioneers' and cheer them on the way to their 'Gold Rush' aren't
exactly being honest about how difficult it is to really make sales online.
But
there's another reason, one that's much more important. And it has to do with
the important point about how to focus better.
Answer
this question: Have you ever visited the average business website? You know the
kind I'm talking about. It's fairly decent, with a long one-page sales letter
making the same, tired, predictable pitch for a range of products that are all
pretty dull and boring.
But
every once in a while, there's an exciting new one.
It
is catchy, snazzy, even bizarre, and so it grabs you by the eyeball, sucks you
in, and makes you eager to buy whatever it is they're selling. That's the kind of
business and product that everyone wants to build and own.
And
guess what? All the people try to blindly duplicate it. But they're doing it
wrong, and so they don't gain any value from their attempt.
They
pretend to study and derive from the winning model, but end up copying and
cloning only the least important things. Worse, by trying them out at the same
time, they are creating a shoddy version of the winning website - and don't get
even a fraction of the selling power of the 'original' website.
It
Doesn't Have To Be This Way
Once
you decide to get this part of your business organized and streamlined, you
must learn how to focus better.
One day, a new friend was
explaining his 'system' for building an auto-pilot web-based income stream.
At his house, he demonstrated the model and it was among the most simple,
elegant things ever. Everything hummed along like a machine.
He
described how he looked at different niche markets, how he identified potential
hot-selling products in each, and how he built simple processes that made
dozens of sales every day.
It
was hard to not admire his genius. But the real miracle of his system wasn't
the 'machine'... it was the simplicity of his process. Anyone seeing it would
realize that online selling could work if this simplicity could be modeled and
adopted.
Like
any online business, some things worked well - while others fell flat. Slowly,
steadily, this entrepreneur had developed systematic approaches to getting all
the components integrated into a reproducible and sustainable sequence of
steps.
A
new world was open - and taking advantage of it gave this business owner a head
start over anybody else. Following the same principles can boost your chances
of success at business, or indeed anything else.
To
be successful, you need to understand two KEY things:
1.
You must not do what everyone else is doing
2.
You must find a system that works for you, and stick with it
And
that's the key. Especially the second part. Because that what creates such a
massive difference in your level of success as compared with anyone else. When
you work with more focus on your business, you'll win.
Also,
you must find the right things to focus on. But that's easier. The difficult
part is to discipline yourself to focus better on whatever you are doing.
Without
it, none of this would have worked. And anyone can do it, if only you maintain
your focus! Far too many people expect to throw up a website, do nothing much
else, and sit back and reap profits immediately. That won't happen.
On the other hand, if you
carry out many small, inexpensive tests, and follow through on your action plan
based on your results that expand what
works (and drops what doesn't), you'll soon experience massive success in what
you do.
Why
then do we so lack focus? Why do we reach out eagerly for the latest, newest,
flashiest stuff - and then not put it to good use? Why do we not work on a
system that works, but instead prefer to waste time and effort trying to
reinvent the wheel?
This
is what Steve Jobs had to say about the importance of learning how to focus.
The CEO of Apple Inc. was giving members of an indie record label a private
presentation about the iTunes Music Store. People kept raising their hand to
ask, "Does it do [x]?", "Do you plan to add [y]?".
Finally
Jobs said, "Wait, wait -- put your hands down. Listen: I know you have a
thousand ideas for all the cool features iTunes could have. So do we. But we
don't want a thousand features. That would be ugly. Innovation is not about
saying yes to everything. It's about saying NO to all but the most crucial
features"
And
that's the key to success. Developing a laser-like focus on what matters. And
ignoring everything else until you get the first, important jobs done.
Know
what are the crucial features that are necessary. Learn how to say 'No' to the
rest. Focus on the important activities. That will make a difference between
massive success and dismal failure.
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