Monday, June 9, 2008

A Reality Check Before Starting an Internet Business

A Reality Check Before Starting an Internet Business
The siren call of starting a business on the Internet is
hard to resist. Work when you want, do it from home, make
lots of money (even when you're asleep) - what's not to
like, right? You'd be a fool not to jump in and start
building that website or writing a blog!

Not so fast. There are more Internet millionaire
"wanna-bes" than you might think. And many have spent more
than a few years and more than a few thousand dollars in a
vain effort to start a profitable Internet business.

It may seem that "everybody" is making money online, but
that's simply not the case. And not many people will admit
their frustration, partly because no one hates admitting
failure but also because perception is everything online.
If you are perceived as a failure, no one will buy from
you, which makes you fail even faster.

So what are the disadvantages and roadblocks that potential
Internet entrepreneurs encounter?

The first is the learning curve - it's steeper than you
might think, and there's no single "how-to" process to
follow.

Succeeding at an online business requires mastery of
several key abilities, not all of which directly correlate
to doing business offline. For example, you not only have
to build a user-friendly and relevant website or blog, you
have to drive traffic to it, all without making any
mistakes that cause you to lose credibility in your
prospect's mind and cause them to click away from your site.

Not easy!

And though there are countless experts, books, and how-to
courses on how to start a business online, it's hard for a
beginner to know who to believe, and there are multiple
online business models to choose from as well.

The second issue, which was mentioned above but which
warrants more attention, is the problem of driving traffic
to your website. Novice Internet marketers know they want
their site to be found in the search engines, but often
vastly underestimate the amount of competition they have
for the keywords and search phrases they desire.

The Internet reality is that top-ten rankings for most
popular keywords is extraordinarily difficult to achieve -
which means that the novice "Interpreneur" will need to
master the art of advertising online, which can become
quite costly.

The third and final obstacle mentioned here is that it's
very easy to become distracted when building an Internet
business.

If you subscribe to Internet ezines or visit Internet
discussion forums, which are recommended methods to build
knowledge and connect with potential customers or partners,
you're bombarded almost daily with new ways to make money.
New advertising strategies to try. New top-secret,
never-before-revealed-to-the-public ways to get more
targeted website visitors than you've ever imagined. And so
on.

And while some of these strategies may be an excellent fit
for a particular online business, many will not. Since
inexperienced Internet marketers find it difficult to make
that distinction, they waste time and money delving into
new income models before mastering the income method
they're using now.

Hopefully, if you're considering starting an Internet
business, this article will serve as a "reality check" for
you. It's certainly possible to make a substantial
secondary or primary income online - but it's much more
likely if you have a good grasp of the obstacles you'll
probably encounter along the way.


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Marketing Prophets (http://www.marketing-prophets.com/ )
provides a step by step guide to make money on the
internet, a guided learning curve that is emailed every 4
days piece by piece until the puzzle is complete.

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