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Don’t let choices break your internet business
By Folusho Orokunle | March 28, 2008
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It’s not fair, and I’ll be the first to admit this, but sometimes the choices that we make can literally derail any chance we might have of running a successful business, no matter how much we spend and no matter how much time and effort we put into our business. In this article, I’m going to cover just a few of the many pitfalls we can run into when making choices that affect our business.
Probably the most critical choice of all is choosing a business to begin with. So many people blindly jump into something without doing the proper research to even determine if this business is going to be profitable or not in theory. For example, let’s say you have an interest in model trains. You decide that you’re going to write a book about all these old Lionel model trains. You put it out and discover that people who are into old model trains don’t want to read books on the subject but actually want to buy old model trains. You’ve created a product for a market that has no demand for that product. Trying to sell it will become an exercise in futility.
Another area where we make choices that can kill our business is in the area of advertising. Not all forms of advertising are effective for all business models. For example, let’s say you are selling a product that is a natural treatment for warts. You decide to send out ads to all these safelists that you’ve joined. Well, if you did your research, you would have discovered that people who join safelists are interested in business opportunities and not in wart removal. Oh sure, you might find a few people who have warts and make a few sales, but it will be purely by accident as your advertising method is not targeted.
Then you have the choices that you make in regard to a domain name and web hosting for that name. There are a number of things that can go wrong in this area. The domain name itself can be one that is just not interesting or doesn’t match the product you’re selling. The web hosting company can be one where they don’t provide enough services for you to properly conduct your business. For example, if you get a lot of traffic, your hosting company may not be giving you enough bandwidth to handle all that traffic and you end up having your business effectively shut down.
These are just a few areas where the wrong choices can break your business. That’s why you need to thoroughly research anything before you make a final decision on it.
In future articles, I’ll show you how to go about researching various things that you’ll run into along the way.
Topics: Make Money Online |
You're About To Find Out The Truth About Making Money OnlineCLICK HERE IF YOU WANT TO MAKE MONEY ONLINE
One Response to “Don’t let choices break your internet business”
Comments
You're About To Find Out The Truth About Making Money OnlineCLICK HERE IF YOU WANT TO MAKE MONEY ONLINE
June 11th, 2008 at 6:58 pm
Yes, there are lots of choices out there.
As a potential affiliate marketer, you also have hundreds and possibly thousands of programs and product choices available. It is easy to jump from one to the next without any strict FOCUS on just one or even a few. Choosing wisely is not only best for the budget but is probably limited time better spent. And we all have limited time!
I am focusing on the InternetMarketingTelevision videos right now, looking into the programs and products you describe and avoiding much of the email coming at me from all the many other directions.
So, you’re absolutely right Folusho.