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The biggest challenge that you are going to face in setting up your own online business (or any other for that matter) is going to be overcoming the many hurdles that will get thrown up in front of you.

No matter what it is that you are going to be doing online, whether it's selling, reselling, freelancing or affiliate marketing there will be daily challenges thrust upon you that may sometimes make you feel like giving up. Overcoming these challenges and persevering to the other side is the only way to make a real success of your business.

Attitude is everything!

Taking the time to learn your trade is essential. Do the research and more importantly take action on what you learn. There is no point in gaining the knowledge if you are not going to put it into good use. When you buy an e-book, don*t just let it sit and gather dust on your digital book shelf, if you download software, integrate it as soon as possible.

But even when you do the above there will still be times when some things just seem beyond your reach or understanding.

*Life's real failure is not knowing how close to success you were when you gave up.*

If you don*t understand something be sure to ask for help. A good manager will always surround themselves with people who can do well what they can't. If your technical skills seem some what lacking then seek out those with the abilities that you need but most of all look to yourself and remember to ask why you are doing it in the first place. Keeping your motivational tools close by will help you to stay focused on what it is that you want to achieve.

*The definition of madness: Doing the same thing over and again and expecting to get different results.*

If what you are doing is not working to produce the results that you want then change your approach. Try something different. Go back to your research and find out what you can do to come at it form a different angle.

Don*t spread yourself too thin. Keep an eye on how much work you are taking on and if you find that your workload is getting to heavy then consider outsourcing to someone else or stopping your daily routine to take a step back and reassess the situation with more objectivity.

*Whether you tell yourself you can or you tell yourself you cant you*re always right.*

Your own personal philosophies are going to be your guide through the darker days of running your own business. A strong self belief in your own abilities will act as a rod of support when faced with new challenges.

Remember to congratulate and reward yourself when things go well. It's all to easy to berate yourself for making a mistake but we can also learn from the things that we do well and use them as reference points in trying times.