Management: Strategy Of Online Business - Often either a lack of funding or exponential growth and poor planning is cited for business failure.
|
|
Business Related Topics...
Computer Related Topics...
Entertainment, Recreation & Sports Related Topics...
Health & Fitness Related Topics...
Home & Family Related Topics...
Shopping Related Topics...
Would you like to submit articles to our site? Have a question or a problem?
You are here: DIME Home > Time Management > Management: Strategy Of Online Business
Often either a lack of funding or exponential growth and poor planning is cited for business failure.
However, since a home based internet business can be started on a shoestring budget and fast growth can easily be accommodated (usually) and welcomed there is more to why online businesses generally fail.
Author: Shanu
Date: Feb 9, 2009 - 11:30:38 AM
Often either a lack of funding or exponential growth and poor planning is cited for business failure.
However, since a home based internet business can be started on a shoestring budget and fast growth can easily be accommodated (usually) and welcomed there is more to why online businesses generally fail.
The idea of being your own boss, working from home, not having to answer to anyone and working the hours you want are some of the benefits that generally attract people to starting their own home online businesses. For help simply visit www.change-ur-mind.com. However, whilst many home internet businesses generate significant incomes, on the whole most of them never get off the ground.
You may ask why would someone go the trouble of setting up an online business and give up on it when it is common knowledge that these types of businesses can provide financial freedom and a significantly better than average lifestyle.
1. Desire and Action
Sure everyone has the desire to make money, but what happens to that desire when things don’t happen as you envisioned and after a while no income has been realized.
Generally the desire will begin to wane and it is only those who have the ability to make things happen, as opposed to those who wait for them to happen, that will succeed.
Successful people have the drive and motivation to persevere and make things happen when things are not going as expected.
Appropriate action will fuel your desire to succeed.
2. Do the Right Things
Entrepreneurs who spend time doing less important things extremely well are less likely to succeed than those who identify and categorize specific activities that are key to the business and ensure that they are carried out thoroughly and effectively.
It is very important for the entrepreneur to spend his or her time efficiently and on things that will make a difference to the business – beware of analysis paralysis.
Often entrepreneurs and business people justify their jobs and positions by always appearing busy and active, when in actual fact they are not performing specific activities that contribute towards the overall success of the business.
3. The Ability to make Changes
Your website looks great and has been lurking on the internet for a while but their sale has been abysmal. So what are you to do? Wait another a week, a month maybe for traffic to start coming in?
Well one thing’s for sure and that is if you want the status quo to remain, do nothing!
However, if you want you want things to change you are going to have to make changes and do things differently.
There are many things to analyze in terms of performance for instance website traffic, website functionality & professionalism, products & services, target market etc.
Once the above analyses have indicted what changes need to be made you will need to employ the resources or expertise required to effect the changes.
Sounds simple enough, but many online entrepreneurs are reluctant or averse to change or do not have the wherewithal to effect the changes and consequently end up with a stagnant online business.
Your online business’ vision and overall strategy should always be borne in mind whilst experiencing periods of inactivity or difficulty to ensure longevity and success.
http://www.change-ur-mind.com
http://www.positive-idea.com
Few easy patterns how to manage time and battle with time - wastersMay 16, 2011 - 4:13:47 AM A lot of individuals battle with time management. They operate and operate all the time, but are not able to attain anything they’ve planned, it appears like the days do not deliver adequate number of hours, or the year adequate number of months - alternatively of serving they make to dwindle their time. They get up, open the lap top to check-out mail or Facebook and next issue they notice, an hour has gone by. Life is short and in reality there is no time to be spent on unrestrained time-wasting. One day we shall get up and we shall recognize that we are too older to attain out life-targets, and we had so a lot of possibilities… To stay away from this circumstance,... [Read the full story] |
Book OrganizingMay 7, 2010 - 11:00:56 AM To a lot people, books are like treasures. Old books hold a sense of nostalgia and quaintness for so many. But, the reality is, the knowledge they contain is the treasure. Due to technology, the information held in books becomes out of date more quickly than ever. When working with our Senior clients downsizing, it is not uncommon for us to put entire encyclopedias into the recycle bin, along with several bags of books. Too many books can cause problems for health and also pose an organizing challenge. ... [Read the full story] |
Villa Cannes: Luxurious and ElegantJan 24, 2010 - 5:44:49 AM Cannes, a gorgeous city in the north of France, attracts a lot of Hollywood and Bollywood stars to come every year for a vacation or to participate in the various prestigious film festivals. It is an ideal place for relaxing on weekends with lovely scenery and clean surroundings. There are many top grade hotels and rental apartments, when it comes to accommodation in Cannes.... [Read the full story] |
Azure Holidays Announce Partnership With World First Travel InsuranceJan 2, 2010 - 1:48:51 AM Chippenham, UK, Azure Holidays are a specialist villa holidays vendor, and have been trading online since 2007, offering their clients the very best accommodation in top locations around the world.... [Read the full story] |
Search for articles: |
Latest Articles in All Categories |
Putting Up a Small Commercial Printing Business |
So You Might Be Unemployed And Desire To Become A San Francisco Real Estate Investor Now |
Meditation and Mindfulness: Dealing With Emotion |
CPA Websites: Five Essential Ideas for Composing Convincing Articles |
Set Goals In Order to Come Up With Your Action Plan |
Is the Air in Your Home Safe to Breathe? |
Coarse Fishing Tackle Review: The JW Young 13ft Trotter Rod |
Section 1031 Exchanges For San Diego Real Estate Investors |
Phoenix Real Estate Investing For Highest Possible Earnings |
Legendary are the Volk Racing TE37 Wheels |
Developing the Next Generation Wall Station (ChaseDesk™) for Healthcare - A Case Study |
What are step down transformers? |
Introducing Sharehype, the Revolutionary Tool for Online Marketers |
Rewards To Shopping For Austin Real Estate On The Web |
Hydroponics for Beginners |
Would you like submit your articles and have them approved on a priority status? Find out more about how you can become a Priority author for pennies a day! Click here.
Dime-co.com Home |
|
|
|
|
|
|
|
|
|
|
|
|
|
Disclaimer: Dime-Co.Com is an online information article and video article network. All articles, video articles, comments, and other features herein are for informational purposes only and are provided "as is" without warranties, representations or guarantees of any kind. The views and opinions expressed in an article, comments, links or blogs are the author's own, and not necessarily those of dime-co.com's owners. For full disclaimer, please read our TOS.