Number 8 You Don’t Set Goals
Your online business is doomed to failure if you don’t set any goals. How can you hit a target if you don’t know what it is or where it is? If you work consistently but have no goals it could be you are filling time in to distract yourself or keep busy. Most achievements are accomplished through having specific and time bound goals. Goals should be realistic but also they should highly motivate you too.
Write down some realistic goals which you are massively motivated by. Break them down into daily action steps and keep going.
Many would-be internet entrepreneurs lose track of their bigger dreams and get bogged down in the daily tasks. As an entrepreneur you need to think of the bigger picture and do the daily tasks as well. bestinfohub You need to see the overview of your life and your business, and not get ‘stuck’ in the ‘technician’ role of daily tasks.
Number 9 – Self Image
How do you see yourself? What about when no one is looking? Or when you are around certain people? Your self image is such an important part of your success. See yourself as a success and you will become one. See yourself as a failure and you will become one.
The self image is an important invisible barrier to success in all endeavors. Read Psycho-cybernetics by Maxwell Maltz if you are serious about growing your business.
How do you see yourself? How do you relate to money coming in? And going out? How do you interact with other people in life? How do you feel about money? The answers to these questions can lead to a better understanding of our inner world and how we see ourselves. Unless we change our inner world we have very little chance of changing our outer circumstances. Simply because we fall back to our default ‘comfort zone’ and perpetuate our same problems which we know and feel ‘safe’ with. They are based around our self image, which we have built up over our lifetime.
Number 10 – Your 10 Best Friends
Like attracts like. You can tell what kind of person someone is by looking closely at the their 10 best friends. The average of all their income will usually give you yours. You’ve probably heard the saying ‘birds of a feather flock together’. If you spend time with people who constantly complain about lack of money, trouble with their partners and work colleagues, it will be more difficult to change your reality from theirs.
Find people who support your changing values and have goals in common with you. Spend less time with people who don’t support your goals and dreams. Notice how some people make you feel about your goals and aspirations.
Many online businesses are doomed to failure because of this one simple thing. You are alone with your online business. You don’t have anyone around you to support your new direction, learning and goals. In fact, many of your closest friends probably secretly hope you will fail, simply because they don’t want to improve themselves. You succeeding means the ‘status quo’ changes. The social status bar has changed and they may see themselves as more of a failure measured against you by some unconscious competitiveness, which we all have a little of.
Find a community of entrepreneurs to help you focus on your goals and encourage you forwards.
The Wrong Activities – Number 11
You mean well and you work hard with your online business. Unfortunately you keep doing the same activities. Those activities which will only take you to your ultimate goal in a very long time. Maybe you just do a blog every day, hoping to get found on Google for your work. Perhaps you expect Google to be your savior? If you’re waiting for Google to rank your articles before you make any money you might be in for a long wait. Plus, Google may even never rank you highly enough to get a realistic amount of visitors to your website.
Based on 1% of your visitors turning into buyers, how does your business look now? Remember the internet is an information gathering tool. No-one owes you a living. Certainly Google doesn’t. You can even be hit by a penalty, or never rank in the first place.
Do you share your articles? Blogging is a good cheap source of traffic but you also need to share your content. Don’t expect Google to work for you, it’s too busy working for itself!
So my number 10 reason why your internet business is doomed to failure is that you’re doing the wrong things. Doing the wrong things can only be good if you learn from it, after noticing it, and then alter your activities accordingly.
Of course it all takes time. Even hard work and dedication falls on deaf ears from time to time. You need to suck it up and remember that it is just a business..
Keep working and turning up. Eventually your business will thrive, but only if you do it right, get the right education from the start, join a community and keep working hard both on your business and on yourself.
Keep reminding yourself that an internet business is still a business. But it’s not like any other business. If you do it right and stick at it for long enough and work hard in the right direction it can give you a lot more than most businesses.
Time freedom, financial freedom and geographical freedom are all things which an internet based business can offer. But for most people it is just the simple things that really matter. Things like spending more time with friends and family, not having to work for anyone else, and working in your own way. For some it’s the income which has held their lives back for long enough to want to do something about it.