10 Things You Should Know About How To Start an Internet Business

By Daniel McGonagle

With a recession supposedly just over the horizon, there is going to be a mass scare for the masses, and there will be a surge in the number of people looking for information on how to start an internet business. This will provide an opportunity for many of the already established marketers to take people by the hand and teach them the "way"...

However, starting an internet business isn't as simple as getting laid off, downloading a few ebooks, then "going to town" on some program and making a full time income in just a few weeks.

There are plenty of internet business scams out there and what's going to happen is basically more of the same:

Some will make it, and remain full time marketers for the rest of their life.

Most will not make it past the first month.

Many will try and make the same mistakes everyone else makes.

Here are 10 things you should know about how to start an Internet Business

1- It's not easy to start a business properly, even one on the internet.

2- Starting an internet business is easier to start than an offline business, which is a drawback in and of itself

3- The ease in which people can start an Internet business adds to the surreal attraction of the "overnight internet riches" fallacies. So, the most beneficial thing about starting an Internet Business can also be the most harmful for beginners because they're led astray right from the beginning, and are "told" that it's easy, instant , and plenty of free time will be had by all.

4- You can't be a lone wolf and get far.

You need to associate yourself with like-minded people, people just like you who are trying to make a successful online business for themselves. This means networking and taking part in discussion groups, A.K.A. forums, especially marketing forums.

5- You need advice from someone more knowledgeable than you.

To be truly successful with your business, the only shortcut worth taking is getting a mentor or coach. They can cost a bundle but the time and money saved via following good advice is usually well worth the investment, IF the right mentor is acquired.

6- Treat this like a business and a job, always.

Making money online is fun, and sort of a lark until you realize it's time to feed your family, pay the bills, and you can't just do whatever you want, when you want... You will get stressed out, ticked-off, and be forced to break through some comfort zones. Remember, this isn't fantasy-land here, this is a self-made business and all aspects of it are riding on your shoulders. It's up to you to make sure the money keeps coming in on a regular basis. It's not all fun and games and watching PayPal balances pile up. It's a job like any other, with less of a commute but with more responsibility heaped upon your shoulders than ever before.

7- Focus on self-development and self-improvement, always.

Remember, you may never have run a business before and you're going to need to grow in a lot of ways for a long, long time to become worthy of running a multi-million dollar business, or even a 6-figure annual business.

8- Do not lie down with dogs! Or you will come up with fleas

* Do not associate with never-gonna-succeed losers that waste your time.
* Do not waste time with customers that waste your time.
* Network with successful people who are already successful big-time with their businesses.
* Invoke some sort of Law Of Attraction strategies into your daily life by associating your self with successful people and do not waste a moment of your time, ever


9- Value your time, abhor distractions, even from family members and friends that see you home all day "doing nothing".

The 10 seconds it take you to read this second of this post you will never get back, ever. It's gone, poof! kaput!

How was the last 10 seconds for you? Was this worth reading, did you learn something I hope? Good...

Watch out for anything at all that wastes your time. One of the best things I've ever done for myself as a full time marketer is to "pretend" I had an office I had to be at by a certain time every day. You'd be amazed at how many times I was hours late getting to my office 20 feet away down the hall in my home. Working for yourself, you can become pretty un-disciplined, so you need to establish some sort of ritual to make yourself productive.

Avoiding distractions is one thing, getting yourself to be productive is another.

10- I/L= FTI + PSB. This formula is the most important lesson of all

CHOOSE Implementation over Learning (all the time) and you will have a Full Time Income because you will also have a Productive Stable Business

* I KNOW what makes people successful... Implementation of proven strategies
* I KNOW what makes people fail... wasting time and learning all the time, with NO implementation


Once I realized these truisms I created Marketer's Relief. Looking back on things I didn't realized what I had created until long after the site was up and running. Marketer's Relief is a site that teaches you how to start an internet business and the focus is on implementation mostly, with some strategies thrown in.

The implementation part is taken care of the best way possible, via internet marketing videos, step-by-step video tutorials that show you exactly how to implement the necessary strategies for setting up your business.

There's a danger here though. The #1 Marketing Lesson is to sell stuff people want to buy. The majority of people want to buy some sort of magic pill that will do wonders for them or just feel good knowing they bought a kick-butt ebook and if they ever decided to "really" get serious about starting their internet business, then they'll fell happy knowing they bought a good guide for doing it once they muster up the energy to do it. However, most don't implement anything, and most will fail, and most ebooks will gather digital dust

So, what's the danger in Marketer's Relief teaching people what they need and not just what they want? The answer to that lies in the percentage of people that will succeed and fail when the next wave of wanna-be internet marketers that hits the "IM Game". Some people want this full time internet income badly enough that they're ready for hard work and reality. The rest can wait until their unemployment checks run out, then panic, or fall for shady internet scams until they're in a big jam they can't get out of.

Daniel McGonagle is an entrepreneur, marketing coach, and business consultant. Daniel runs a membership site called Marketer's Relief that trains it's members how to be a better marketer/business person, but also sends traffic to your sites for you. Visit http://marketersrelief.com or http://danielmcgonagle.name today for 2 great marketing resources that will help you

Article Source: http://EzineArticles.com/?expert=Daniel_McGonagle

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Posted by mbuhlah, Thursday, October 9, 2008 5:32 AM

3 Comments:
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