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Online
Entrepreneurship
…S.SAI SUJITH…
13261A04B1
THIS IS
ENTREPRENEURSHIP.
Internet Entrepreneurship
The widely-held perception is now that
starting and sustaining
a profitable web-based
business has become
very easy.
Lure of the Online Business
• Starting a business online is
now very inexpensive.
• Hosting = A low monthly cost
• Plethora of free/inexpensive content
management services, like WordPress,
and customizing these products is simple.
• Cheap logos, commandable eCommerce
options.
• Inexpensive and free coding environments and
programming languages.
• Low-cost, high-yield marketing options
• global access, 24 hours a day, 7 days a week
• improved client service through greater flexibility
• faster delivery of products
• increased professionalism
• less paper waste
• opportunities to manage your business from anywhere in the world.
The Reality is, The Vast Majority of New
Online Business Will Fail And This is
Witnessed Since we don’t have a Business
Model and Most of us Depict Online
Business as “Easy Business” in our Mindset.
Failure is the Norm
• Starting, growing and sustaining any business is
exceptionally difficult.
• 20% of new businesses fail
within the first year.
• 51.2% of businesses
have failed after year five.
• 71% have failed by year
ten
SUCCESSFUL ENTREPRENUERS
POSSESS THESE QUALITIES.
WE SHALL BE PROACTIVE
TOWARDS THESE STREAMS LIVE EXAMPLE
Established Players
• Established competitors have a huge advantage.
• When people search, they click on the first result 42% of the time.
• Established companies have:
• More money
• Better rankings
• More experience
• Established partners
• Wide customer base
• Analyze trade areas,
competition,supply and
demand.
LET US BE THE ONLINE ENTREPRENEUR’S
AND BECOME YOUNGEST BILLIONAIRE’S.
THANK YOU
WE SHALL FOCUS

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Online entrepreneurship 2(1) final

  • 3. Internet Entrepreneurship The widely-held perception is now that starting and sustaining a profitable web-based business has become very easy.
  • 4. Lure of the Online Business • Starting a business online is now very inexpensive. • Hosting = A low monthly cost • Plethora of free/inexpensive content management services, like WordPress, and customizing these products is simple. • Cheap logos, commandable eCommerce options. • Inexpensive and free coding environments and programming languages. • Low-cost, high-yield marketing options • global access, 24 hours a day, 7 days a week • improved client service through greater flexibility • faster delivery of products • increased professionalism • less paper waste • opportunities to manage your business from anywhere in the world.
  • 5. The Reality is, The Vast Majority of New Online Business Will Fail And This is Witnessed Since we don’t have a Business Model and Most of us Depict Online Business as “Easy Business” in our Mindset.
  • 6. Failure is the Norm • Starting, growing and sustaining any business is exceptionally difficult. • 20% of new businesses fail within the first year. • 51.2% of businesses have failed after year five. • 71% have failed by year ten
  • 7. SUCCESSFUL ENTREPRENUERS POSSESS THESE QUALITIES. WE SHALL BE PROACTIVE TOWARDS THESE STREAMS LIVE EXAMPLE
  • 8. Established Players • Established competitors have a huge advantage. • When people search, they click on the first result 42% of the time. • Established companies have: • More money • Better rankings • More experience • Established partners • Wide customer base • Analyze trade areas, competition,supply and demand.
  • 9. LET US BE THE ONLINE ENTREPRENEUR’S AND BECOME YOUNGEST BILLIONAIRE’S.