I’ve mentored hundreds of clients.
I’ve seen some of them achieve things beyond what I ever expected; I’ve seen others fail miserably and never even get things off the ground.
But I’ve come to one overall conclusion: Online Business Success is for those who are ready for it.
3 Reasons Why New Internet Business Owners are Successful:
- They are opened minded and teachable: to be an new internet entrepreneur, you have to be open minded and teachable mainly because you don’t know any better. 🙂 I know I was in that very place about 5 years ago as a new internet business owner. Luckily I had a great mentor who showed me the ropes, answered all my dumb questions, and believed I could succeed (even though honestly he probably thought I was crazy for starting a clogging website). Newbies have to be willing to test things without really knowing if it will work; they must be willing to take a step in the dark. Thanks, clients, for being open minded and teachable!
- They have strong motivation: if you don’t have a stronger “WHY” than “I want to make a lot of money” you’ll probably chase every fly-by-night that comes along. Making money online has to be one of the reasons you look to start a business, that’s obvious, but it must go deeper than that. I’ve been on my soap box for quite some time now about doing what you love to do. Besides that, you must ask yourself, “What am I going to do when I do make the money?” “Who will it help?” “What good cause will it go to?” If you’re just in this business to get filthy rich and sit on a beach drinking tequilas, the motivation isn’t probably strong enough yet. One of the top success stories I’ve associated with started her business for one main purpose – to put her two daughters through college, and she did just that. She then went on to sell the 3 year old online business for over $125,000. Her motivation was key to her success (and she was doing what she loved too – ballroom dance!)
- They don’t give up or quit: all successful business owners know that failure is a “no-brainer” step to success. You have to fail before you ever really know what true success is. Giving up and quitting is pathetic. Like the quote I shared in my last post stated, “People always say “never give up.” But how do you not give up when things are working right? Simple, you readjust your plan.” I worked with a client once who was attempting to sell clocks (hope he’s reading this). He did most of the work I suggested, made some effort, but when the money didn’t come flying in he just stopped. He didn’t keep asking questions, he didn’t test the recommendations I gave, he didn’t seem to think outside the box, he didn’t implement the strategies I shared, he just QUIT! I admit, I’ve never sold clocks before so I didn’t have the “turn-key” answers to selling clocks. But I would think there is a lot more demand for clocks than clogging shoes for pete sake, and I have figured out how to sell those pretty consistently. Anyway, quitting is a LOSE/LOSE. I felt bad for the client, and he obviously wasn’t happy that he couldn’t be sitting on the beach drinking those coveted tequilas. So please, don’t quit! Thanks, clients, for not giving up or quitting!
I am preparing a couple case studies that will be coming up in the next week or so about two specific clients that have implemented these strategies with perfection. Stay Tune…
How have these tips helped you as an online business owner?