7 Signs You’re Not Ready For Online Business Success
Dot.Com or Internet businesses started going main-stream in the mid 1990's, Between 1995 and 2000 internet stocks were trading at the multiple of their book value. The majority of Dot.Com companies had nothing tangible to justify their Mount Everest price. It didn't take long before the market began to correct itself. By the end of October 2002, the NASDAQ index had fallen by 76.81 percent, or 1,139.90 after a high of 5,084.62 that was recorded on March 10, 2000.. Following the explosion in the Dot.Com company had separated males from the girls with important lessons learned. The majority of the children went home to their parents to wash their wounds. The men began searching for the key to online success. In reality there was no single key to online business success was discovered as online business was still a relatively new area. Therefore, it was a matter to test and fail to find out what works. It was in the year 2012 that Rich Schefren released his much-acclaimed Internet Business Manifesto in which he urged Dot.Com customers to tackle each aspect of business online, from list building to sales and product development, more strategically than tactically. He specifically emphasized the role of technology in enabling and that the primary emphasis should be on establishing structures and creating relationships rather than seeking strategic benefits like trying to beat algorithms. Visit:- Air conditioning Stafford blogs Since the Dot.Com collapse, a number of entrepreneurs on the internet have learned the best practices and what doesn't and the internet is creating millionaires at record levels in various areas and niches. One of these millionaires is Russell Brunson, the author of three bestsellers: Dot.Com Secrets, Expert Secrets, and Traffic Secrets. These books are the definitive source about the best practices for online marketing. Even if it's just to mention in passing, at 2020, Russell Brunson's net-worth was estimated at $41m; a figure he built over the span of 15 years. Scott Cunningham of Social Lite not long ago pointed out that online entrepreneurs have three phases: the crawl phase, when you're earning less than $100,000 per year and then the walk phase where you're making between $100,000 and $1m, and the run phase, when you're earning more than $1m. It is at the stage of crawl that you require the most instruction. For those who are in the crawl stage it's important to keep in mind that, like everything else in life, the business of online has its own principles. People who succeed in a significant way online adhere to these rules. But the reverse is true for those who fail. The way Russell Brunson and other internet business experts would advise, do what works. Do not try to make a fresh start. Here are seven signs you're not yet ready for online-based business success. This is not in any specific order, they include: 1. You're not interested, and most of the time you're skeptical that others will think you who are creating successful online businesses and earning a profit. 2. You're not paranoid, indeed you think online businesses are a passing fad and will soon go away. Andy Grove, Intel's co-founder was once quoted as saying, "Only the Paranoid Survive". The internet isn't going to go away soon. 3. You believe Social Media is a distraction or a distraction. If you use SM at all and you only use it for the "social" aspect. Social media platforms like Facebook, Instagram, and YouTube are tools for business when you know how to make use of them. 4. You lack production mindset, you rather consume or consume, and if you do make any effort to produce then you're inconsistent. To be successful online, particularly when you're selling digital goods you need to be a prolific producer. 5. You're an professional, constantly asking "What can anybody teach me?" According to Steve Jobs said in his Stanford commencement speech from 2005, "Stay Hungry. Stay Foolish." 6. You focus on the negatives of the internet: the complexity, fraud, the technicalities , etc. You convince yourself "it's not for me". The web has some dark aspects. It also has its positive side. Be open to the bright side. 7. You lead the "satisfied life" believing you're already prosperous, so "why bother?" This is the thinking of high corporate earners. Why not invest and gain knowledge currently that you're earning well but sooner or later you'll become retired. If you display any of the indicators I have enumerated above: you aren't interested, you're not paranoid of the internet; and you despise social media or just use it to play, you rather consume than produce, you believe you're an expert in the field who is knowledgeable about everything, and you just observe the negative web, and you're not willing not to think about it, the most straightforward reason is that your lack of online business success mentality. The signs are clear that you're not ready to be successful in your online business. I define success online as someone who earns a minimum of $10,000 a month online and scaling and investing massively to move from the crawl to walk stage. My simple advice to you is this: put down your sofa, take off your running shoes and start search for influencers in the online world to find out how you can make it big online. Paul is the CEO of Vision & Talent Training Group and is the author of Internet Business Mastery Course where Paul teaches you how to create businesses online the right way. Paul is the author of seven books which include Bridges to the Customer's Heart, dubbed The Customer Service Bible, with endorsements from Pascal Dozie (MTN Chairman), Tony Elumelu (UBA Chairman) and Ben Ofungwu (ISN Chairman). Late Richmond Dayo Johnson, referred to Paul as "One of Nigeria's most authentic experiential writers." Paul's clients include Nigerian Breweries (Heineken), Dangote, First Bank, and Nestoil Group (whose clients include ExxonMobil, Chevron, Shell and NNPC as well as other companies). As a McKinsey Executive Panel member, Paul has written for Process Excellence Network, comprising 240,000 process experts from all over the world.

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