“Can I Succeed Online”
What It Takes To Succeed Online.
There are many advantages to running an online business when compared to a traditional off-line operation. I am sure most people are very aware of this. But what must be taken into account is that many fail to realize success online because they do not quite grasp what the true potential is.
Besides larger up-front and operating costs in any traditional business there are other factors to take into account. For example, one has to consider location, competition, employees costs, including health care, and a big investment of time just to name a few. You are primarily responsible for the success and have to manage almost every aspect at least in the beginning.
The internet affords any individual who is willing to take the time and invest a little money the opportunity to become successful with very little risk. But this sometimes can work against the individual. In an off-line business if someone has to invest $50,000 or $100,000 or more then they are taking a big risk. This means they have to do whatever is necessary to ensure they do not lose their investment. That is a built-in motivation. Even smaller capital costs like $20,000 or even $10,000 is still a risky proposition for many. In the cyber world the risk becomes minimal and sometimes even negligible.
As I have stated, this can work against the person starting out online because they feel they have very little at risk. Using WA as an example, if someone has to fork over $19 for the first month and then $47 thereafter each month they may feel less motivated to take immediate action since they are risking less. But let us look at it from a different perspective. If I am investing a couple pizza dinners a month to run a business that can become very profitable then my ROI is going to be through the roof and that does not happen very often in life, possibly only if you win the lottery.
So with the financial risk factor becoming something that can be removed from the equation in most cases what does it take to succeed? What really is required is having the determination to learn new things and to put them into practice. It is all in the application of the training and resources available; it’s about taking action above all else. And it does take time; It won’t happen overnight. As in any business there is a break- even point and no one wants to quit until they see themselves starting to profit. The beauty of the online world of business is that break-even can be arrived at very quickly. Think about it for a moment. You spend $47 per month and if you were to refer three Premium members in let’s say your first or second month then you are already past your break-even and into profit.
Now I know it happens faster for some than for others but persevering and continuing to learn and apply lessons learnt will ultimately mean success. I also want to note that yes, in some cases even $47 is difficult depending on the circumstances but even in those cases there are ways to overcome any hurdle and I will address these issues in future postings.
What I want to leave you with is that an online business puts you at a huge advantage over others looking to start a new business. But the key is having the right mental attitude towards your new internet venture. Do not take it for granted or assume it happens automatically. It takes an investment of time and yes some money to become successful.
I truly believe that Wealthy Affiliate is the right place to be if you have that right mental attitude because they make it very simple to become successful by providing so much for so little. The only ingredient you need to bring to the table is a little hard work and perseverance.
May Success Be Yours!
David Brahim