3 MISTAKES TO AVOID WHEN STARTING ONLINE BUSINESS.
Online Business, also referred to as e-business – is any kind of business activity that happens online (over the internet). A business owner who does any, or all, of their business using the internet, is running an online business. Running an online business can include buying and selling online, and providing an online service. A wide variety of businesses can be found online, in many different industries.
Anyone can start an online business. If you have a unique product or idea, you can find a way to sell or trade it online. It’s just like a traditional business, except your office or shop is online, so you have to decide how it will look and appeal to customers.
While starting an online business is easier than starting most other types of businesses, there are still plenty of mistakes that can be made.
To improve your chances at success, try to avoid these three common mistakes when starting your online business:
Choosing A Topic You Don’t Care About.
When you launch an online business, and you’re in it for the long haul, you’re going to need to love what you’re selling. If you want people to love what you’re selling, it’s easiest if you love it too.
Lets say you’re committed to writing a blog every week to your subscribers but what you’re writing about is something that you don’t care about. Your customers aren’t going to care about it either. Why? Because your attitude about what you’re saying will come through in your words.
If you are in the business of making money, avoid the mistake of choosing something you don’t really care about. There’s plenty of that already in the market.
Related: 7 Essentials of Customer Service.
Waiting Too Long To Launch A Product
A lot of new entrepreneurs want things to be perfect before actually launching their product for sale. Maybe they want “1,000” subscribers or “10,000” visitors, or they keep revising their product packaging. Whatever the reason, if you’re building a business, and keep delaying the launch, you’ll never make any money.
Related: 6 Myth About Starting a Business.
Plus, if you have your 1,000 subscribers they are clearly interested in what you’ve had to say up until this point. Otherwise, they wouldn’t have subscribed in the in the first place. Don’t keep them waiting any longer or you’ll lose them altogether.
I started writing on my blog while I had no any subscribers but as I keep on writing and sharing more subscribers are coming in and they share the news with others too. That is the secret of starting a business, especially online business. Les Brown says “Jump and grow your wings on your way down” Related: How to Start a Business Without Money
Spending Too Much Time Thinking And Not Doing Enough
This is very similar to waiting too long to launch a product. Most of the entrepreneurs keep on aiming and never take a shot. Take action now. The reason this happens is usually because the entrepreneur has fear. Maybe it’s fear that nobody will buy their product, or fear that the product isn’t perfect, maybe it’s just fear of failure all together.
Related: How to Overcome Fear of Failure.
But as Robert Kiyosaki’s rich dad said, “There’s a bit of magic hidden in every mistake.” Whatever the reason is for not doing enough the entrepreneur isn’t learning anything either. How do you know you’re customers aren’t going to buy unless there’s something to available.