Four Things You Must Avoid When Starting an Online Business

The first thing you need to understand when starting an online business is that while many people are making money online,

And there are essentially endless ways in which you can make money online,

Everything requires work. Usually, a lot of it.

It will also require time.

With some businesses, you can do it in less time if you invest more work, but you’ll still need both.

So any online business model must take into account a certain amount of time and effort before you can see results.

Another element that is almost certain to result in failure is choosing a business model based on someone else’s success.

We are all individuals, we all have the things we like doing and things we don’t like doing as much.

An unfortunately very common mistake with people starting their online business is that they choose something that was “sold” to them as easier.

It didn’t have to be a scam. Most courses and ebooks about affiliate marketing will promote it as the easiest way to start an online business (you don’t need a product, the sales copy is written for you, etc).

This is true for all online businesses.

And while the statements are not false, and the course creator may have achieved fantastic results doing whatever it is they’re promoting, it doesn’t mean it’s the right thing for you.

If you hate selling, then no matter how great the product you’re an affiliate for is and that it has the best sales copy anyone’s ever written. Your results are likely to be lousy.

So get familiarised with a bunch of online business types, and choose the one that’s right for you.

And the last key mistake newbies make with their business model is lack of focus.

It’s hard to blame them. I fell for it too.

When you dive into this world, every business type looks shiny. You want to do everything, and every time you see someone sharing their success you get FOMO.

But you can’t do everything. When you’re just starting, you probably can’t do more than one thing.

You have to focus.

So, to summarise, the biggest fails of online business models are:

• Don’t take into account that it will take time.
• Don’t take into account it will take effort.
• Follow someone else’s passion, not yours.
• Lack focus.

Avoid these, and you’re on the right track.

Hope that helps

Jon