Continued from page 1
Re-evaluate situation, dump it if need be, and go on to greener pastures. Continually spending money on a project that is not giving you a sufficient source of income to justify costs, will mean you will soon be out of business.
#2 on list is to evaluate yourself, your situation, and your strengths. In other words, don't do what everyone else is doing just for sake of doing something.
Your business must be something that you really enjoy, are willing to work hard at, and will reflect your personal strengths and abilities. Don't put proverbial square peg into a round hole.
#4 says that relationships are everything. First, you have to believe in yourself. If you don't believe in you, then friend, don't expect anyone else to either.
The Internet is a big pond and there are a lot of fish swimming in it. Some are bottom feeders, some are top. You'll never get off bottom if you don't set your sites for surface and then believe that you do have what it takes to swim up there.
Being online you are going to need to establish your credibility and integrity to e-community. Keep your relationships with rest of netizens clean, healthy, and constantly growing.
Another reason many of these e-businesses failed is because management didn't address problems that were apparent in their companies. As long as money was coming in, they thought all would be well. It's easy to ignore problems when times are good. But, when business cycle turned, it was too late.
All businesses have problems of one sort or another. Ignoring little problems will only mean bigger problems in future. When your business runs across a difficulty or problem, address that issue right now.
Remember what little bird in one of Dr. Seuss's books said, "Why make big problems out of little problems."
Dave Cole. If you liked this article, why not get your FREE subscription to Dave's popular e-zine today? http://choosetoprosper.com