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Is An Online Business For You? How to start an Online Business in 2017
(( By Ryan Lima ))
There is no way to eliminate all the risks associated with starting a online business. However, you can improve your chances of success with good planning and preparation. A good starting place is to evaluate your strengths and weaknesses as the owner and manager of a online based business. Carefully consider each of the following questions.
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1. Is Starting An Online Business
For You?
By Ryan Lima at - Ryanjlima.com
There is no way to eliminate all the risks associated with starting a online business.
However, you can improve your chances of success with good planning and preparation.
A good starting place is to evaluate your strengths and weaknesses as the owner and
manager of a online based business. Carefully consider each of the following questions.
Are you a self-starter? It will be up to you - not someone else telling you when and how
to develop projects, organize your time and follow through on details.
How well do you get along with different personalities? Online business owners need to
develop working relationships with a variety of people including customers, vendors, and
professionals such as lawyers, accountants or consultants.
Can you deal with a demanding customer or an unreliable vendor in the best interest of
your online business?
2. Don't think that because you are running an internet online business that building
relationships don't apply to you. You cannot hide behind your computer screen all day.
You will have to talk to potential customers, affiliates, vendors, etc.
Can You Make Good Decisions?
How good are you at making decisions? Folks that choose to work from online are
required to make decisions constantly, often quickly, under pressure, and independently.
Do you have the physical and emotional stamina to work from home or anywhere in the
world. Having an online business can be challenging, fun and exciting. But it's also a lot
of work.
Can you face 12-hour work days six or seven days a week? You will work harder than
you ever have before to build your online independent location business. Remember, you
also receive all of the rewards of your effort instead of being paid based upon what
someone else says you're worth.
How well do you plan and organize? Research indicates that many online business
failures could have been avoided through better planning. Good organization of your
finances and a good marketing plan can help avoid many pitfalls.
Is your drive strong enough to maintain your motivation? Running a business can wear
you down.
Some business owners feel burned out by having to carry all the responsibility on their
shoulders. having a Strong motivation can make your online business succeed and will
help you survive slowdowns as well as periods of burnout.
How will the business affect your family? The first few years of a online business startup
can be hard on family life.
The strain of an unsupportive spouse may be hard to balance against the demands of
starting a online based business. There also may be financial difficulties until the business
becomes profitable, which could take months or years. You may have to adjust to a lower
standard of living or put family assets at risk.
It's true, there are a lot of reasons not to start your own business. But for the right person,
the advantages of a location independent online business ownership far outweigh the
risks.
You get to be your own boss.
3. Hard work and long hours directly benefit you,
rather than increasing profits for someone else.
Earning and growth potential are far less limited.
A new venture is exciting.
Running a business will provide endless variety,
challenge and opportunities to learn.
There you have it! Is an online based business right for you? Be honest with yourself. It's
not easy building an internet business, but it can be one of your most rewarding life
experiences.
Go for it!
My name is Ryan Lima and I am an Entrepreneur/ Online Marketing consultant and
publisher of RyanJLima.com and Justsomedudetraveling.com
My internet marketing website is designed to help other people achieve their goals of
having their own internet home based business.