Home Business: How I learned to Succeed Online, Finally

How I learned to Succeed Online, Finally

Written by Mike Cantwell

If you thought anything like I did several years ago, you probably thought you could just THROW up a website and make money. You know, like repparttar

ones our "friends" at Dead yellow offered. FREE Website, FREE e-mail, FREE money, FREE...........well, I won't go there.

After throwing repparttar 117869 site together, just submit it to repparttar 117870 URL submitter a couple times a day and visitors would just flock to my site. NOT! Boy did I feel stupid. Still do sometimes.

But I have to admit making mistakes has helped in my approach to earning money online. Fortunately those early ventures only cost me about $400 and I did actually earn several checks so I put my loss at around $240.

I think it was worth repparttar 117871 lessons I've learned.

The way I see it, these are repparttar 117872 things you MUST have in order to prosper on repparttar 117873 Internet.

1) A Unique Product or become a dealer for a reputable company 2) You own opt-in mailing list with a listserver 3) A PROfessionally designed website 4) A Salemanager (software to follow up on your prospects) 5) Traffic

Being in repparttar 117874 restaurant and lawn & tree care businesses a unique product was somewhat of a problem. I mean I really couldn't have you download a T-bone medium rare and a twice baked, now could I ? Mmmm...maybe a fungicide treatment for your lawn. Nope. Grub treatment.......Nope.

Now off to repparttar 117875 Net to find something that people would NEED and purchase in quantity. First I cut some cookies. BIG mistake. Then I tried to sell overpriced vitamins. HUGE mistake. Not only did I sell about 2% of what I ordered, they weren't as good as ones costing about 20% as much. Boy did that guy FOOL me!

Now my pea-sized brain was spinning..........where do I find repparttar 117876 products or sevices that people TRULY need. I needed to offer repparttar 117877 same quality that people received from my offline businesses. And it HAD to have repparttar 117878 same VALUE.

Good Morning: As a subscriber to your newsletter I Haven't Made My $100,000 Yet Part Time. When Am I Going To Make Money?

Written by Ross Reyman

ABC News carried a story of a man who was selling his 3-year-old Internet business for 3.2 million with stock in repparttar

company that was buying. He stated, " I want to do something else with my life. I just graduated from high school and want to have time for college activities and have a full social life. Besides I can invest and do my thing."

We have all read these stories. College students in a small room started Yahoo. We read and at least hope that we can do something ourselves..

So many who read these things want a miracle? Ads for Internet opportunities tell of that at least 100 thousand, at least a better home with a new BMW in repparttar 117868 three car garage. After all Bill Gates, and repparttar 117869 person selling you repparttar 117870 opportunity made it.

Here are some things that must be considered to live a real life on repparttar 117871 Internet.

1) MOST BUSINESSES ARE UNDER CAPITALIZED. Only about 2% of all SMALL businessmen are still in business 2 years after they start. Why should it be any different on repparttar 117872 Internet? The biggest reasons for failure is not enough money. After you buy your computer equipment, you need about $400 to start at least. Yes, there are those who started with less who made it. Ruth Townsend of Cortland, New York started with free ads (http://www.lifestylespub.com/). It is being done all repparttar 117873 time. But only a few make it. But repparttar 117874 Internet business cost considerable less to start than repparttar 117875 hundred thousand needed to start most businesses.

2) LACK OF TRAINING. Some men and women think that owning a computer is repparttar 117876 key to success. The computer age is still just starting. We are repparttar 117877 silent movie stage. We need to learn and learn more. Take one course at a time at your community college. The way computer science of going, we will always be in need for more training. Spend at least an hour per week learning computers, business skills. Admit that you don't know everything. When you find something that you don't know, go to people who will help you. One site has some courses about repparttar 117878 Internet at http://www.sonic.net/~rwreyman/ Use other people's energy.

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