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5 Mistakes That Make 95% Of Newbies Fail In Their Online Business

Many people out there are interested to be an Internet Marketer, but most of them failed within first months and get nothings in their pockets. Iíve been there too, my friend. I have to admit that my first months in online business was very frustating moments of my life. Of course I made a lot of mistakes. But thereís always a valuable lesson in every mistake, and the most important thing you must learn from it. From all mistakes Iíve made, I like to share 5 of them which I think you can learn something from it.

#1. Wrong Mental Attitudes

I made a decision to jump into online business after reading an ads promising that I can make thousands of dollars in only a month. Yeah, you can laugh at me, but believe me Iím not the only one who made that mistake. When someone decides they want to start an online business, they might think all they have to do is slap up a site and wait for the money to come rolling in. I used to think that thereís an easy money if you jump into online business. But obviously I was wrong. If only it were that easy....but it isn't. There is a LOT of work and a LOT of learning to do when you are building an online business. In my three years on the internet marketing I have learned many ways to help build a business and I expect I will learn a lot more! If you start an online business, you will be putting in hours each day to make that business successful. You will need to be very dedicated to that business to succeed. Weeks, months, or even years could go by before you start making any money. Make sure you are ready for that kind of commitment before you start your business. Sound intimidating, right? But you donít have to worry! It may be a little hard at the beginning, but when you started it right, it become a lot easier, trust me. So the first lesson here is you need PERSEVERANCE when you start your online business.

#2. Choosing The Wrong Business

I think the easiest start for a newbie when jump into online business, is by joining an affiliate marketing program. Of course nothings wrong with that. As for myself, Affiliate Marketing still become one of my favorite program. Things started to get wrong if you join an affiliate program that doesnít fit for you. Well I have experienced trying to sell a product that I donít like at all. The only reason Iím willing to sell it because Iím interested with their compensation plan. And guess what? I couldnít sell even only one single product. Before you started your online business, I suggest you should asked yourself this question : What are you interested in? Make sure you pick a business that you will be passionate about. Making your business a success will take time, perseverance, passion and a lot of work. Itís all about picking the right business, and when you find it, do it with all your hearts. This will help you keep going when things get tough. You cannot build a successful business around something you have no passion or knowledge about. Then the second lesson here is you need a PASSION if you want to succeed in your business.

#3. Not Having A Business Plans And Goals

As a newbie I was very enthusiast when I started my first online business. But then suddenly I realized I donít have a clue what to do next. So I spent much time doing kind of things that wasted my time a lot. If you have made a decision to deal with online business, I suggest you start it with having a business plans and goals. With an online business, there is a lot of work and details to stick to and writing a schedule will help you keep your time organized so all your work gets done. If you do not take the time to plan out your work, you will begin to feel overwhelmed and then you are more apt to become discouraged and feel like giving up. Many peoples treat their online business as a hobby, and if you are one of them I dare to say you wonít make it at all. The third lesson here is you need a solid PLAN when you start your online business.

#4. Dealing With Wrong People

Once you started your online business, you need to build relationship with other people. Network with other people online who are starting or building an online business. It may not be face to face, but you will have to deal with people from all over the world, everyday. Treat everyone with respect and answer all questions in a timely and courteous manner. You must also be able to deal with rude people. Treat these people with respect also. Be firm, but courteous. Rarely have I had to deal with this problem, but it does come up. I have some experience when first starting my online business, many people claimed themselves as an expert offering me some help to promote my business. I suggest you do some research before you deal with them, since nothings is free in this world. So the fourth lesson is you have to deal with The Right PEOPLE who can help you to achieve your goals.

#5. Easy To Give Up

Do you have any idea when my first business failed? It happened only three months after I started my very first online business. At that time my partner called me an he was considering quitting our online business. He is going through a stressful time, as we all do, and feels our business is just not worth it anymore. If this sounds familiar to you, then join the crowd! We are all human and there are times when the everyday stress of life just takes it's toll. What you need to do when this happens is not to quit your business, but to step back, give yourself some breathing room and take care of what is causing the excess stress. There are times when I have felt the same way, but I know that I would never want to quit my business. Besides getting to work with so many wonderful people, this business is now a part of me and my life. I am sure that a lot of you feel the same way. The most important lesson here is, you need a POSITIVE energy when you failed with your business. Turn all your negative energy into positive, and you will find yourself a stronger person.

If you can learn something from 5 mistakes I made when first starting my online business, then you will start growing up your business, TRUST ME! Donít be afraid to make mistakes, always learn from your mistakes! Online business is very promising when you have all The 5 Pís I mentioned earlier (PERSEVERANCE, PASSION, PLAN, PEOPLE, POSITIVE).

Submitted by:

I.S. Indria

I.S. Indria manages several online businesses including affiliates marketing and ezines publishing. Currently he is focusing his time and efforts to grow his recent business, that he found was very promising in the future. You can find more information how you can learn and earn at http://www.BestHomeBizNetwork.com or you can visit his blog at : http://my-home-based-business.com.





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