Ideas for Entrepreneurs: Realities of Home Based Internet Business Trends

13794432_sEntrepreneurBefore your eye gloss over with the thought of establishing your own home-based business via the Internet, let’s first have a reality check and look at the trends.  Entrepreneurs venturing into the World Wide Web typically have dreams of having time all for themselves, sitting on their couches with laptops on and money pouring in continuously with every click. That is possible, but is normally not the case.

Though we are talking of home-based businesses in this article, it is foolhardy to think that money will just drop easily into our laps without hard work building the business.  It is also foolhardy to think that we can earn hundreds of thousands even while we sleep without effort on our part. Don’t be lured with business opportunities on the web that offer too-good-to-be-true fantasies. If they’re dealing with a motto like “be a millionaire in 1 month” then it is time for you to have doubts. Success doesn’t come easy, you know that. Only those who have a “I won’t quit” mentality and can learn from successes and failures will eventually reach all their financial goals.

The specific idea of becoming a home based internet business entrepreneur is that of leaving an old job of stressful deadlines with buzzing and annoying bosses overseeing your work, in exchange for a flexible job that you are in total control of. You really could have these benefits when you switch to home base jobs and perhaps, you’ll gain even more.

Working a home-based business on the internet can be amazing.

You won’t have to abide with company cultures or deal with people you don’t want to see every working day. You can also get around spending money on transportation, clothing and eating allowances. Most especially, the potential is there to be freed from the worry, stress and tension that regular swing shift or 8 to 5 jobs can carry.

However, it’s not always easy to succeed with an internet businesses. They are equally risky as compared with offline business ventures. We are not trying to discourage you, we simply want you to have open eyes to many of the truths you would sooner or later have to face. Truths that are inevitable parts of internet business transactions.

After quitting your job, which most home-based Internet entrepreneurs eventually do, you have to be ready with gaining and losing many things. However, if home based internet business works well for you, those losses will become insignificant as compared with the gains you have acquired through taking risks.

One great risk is you’ll stop getting your fixed source of income. There are good and bad sides to this.  Depending on your case, they may either make or break your business life.

All jobs have some degree of uncertainty in them. All businesses have to deal with risks of failure or of success. However, entrepreneurs have a good argument that controlling your own income is better than having other people provide it for you. By doing it this way, you’ll have greater elbow room for growth.  You must also be prepared for the unexpected, form seasons of growth and even failures that sometimes are needed to succeed.

Remember, even the largest establishments fail at times.

No one can ever be assured that Internet sales will keep on coming. Potentially, you can have great months and bad months, just like with any business. The only thing that you can be assured of is that you will always have to deal with the unpredictability of trends. If you are not a risk taker, a steady paycheck may appeal to you more than unsteady business earning.

As an entrepreneur, you have to face the truth that, once you embark on an internet home based business, this must become your “job” and “focus” for it to succeed.  Once you leave your old job, you really have to heavily focus on your new one and see it as your new full-time job. Most entrepreneurs have to learn to discipline themselves in a new way so they do not experience fatigue while working and will therefore be able to dedicate long hours to their work without getting discouraged, frustrated or giving in to the desire to quit when things are not going as expected or as quickly as they want them to.

A couple of key points:

  • Take charge of your sales and marketing! Making money will be impossible unless you take charge of selling and marketing your business. Learn everything you can to be a success in this key area. Ask a lot of questions of those who have experience in this area and do your research until you can do it like a pro.
  • Treat it like a REAL job! You have to treat it as a real business with an appropriate time investment, just as you would an office job and working for someone else.
  • Give attention to detail! You MUST give as much attention to detail as you would if someone was paying you to pay attention. This is your business. It will only go as far as you are willing to take it.
  • Work with a spirit of excellence! No one is watching… except you… as your own boss. Be the kind of employee to yourself that you’ve always wanted for others to be to you.

Remember that there is no sure path to success. But there IS a path that will end up in success if you’ll keep at it, learn, grow and allow God to be the One who leads you.  In the end, you’ll be happy that you did. If you stay the course, eventually your work will reap the rewards of financial gain!

We’re here to help you in your journey to success. Set up your FREE Coaching Session today. We want to see you succeed in every area!

Always remember, EXPECT SUCCESS!!!

Leave a Reply

Your email address will not be published. Required fields are marked *