3 Crucial Elements You Need To Know on How to Avoid Going Broke Online. By Patrick Ravi http://www.global-ibiz.com/webtreasures.htmYes! Dot.com mania is dead! and buried! While this might be so, it is crucial to know that, building your own presence successfully online is still within your reach.
While naysayers are still crying out loud why it can't be done. FACT...remains that ordinary people like you and I are still MAKING IT HAPPEN everyday.
But why it so that, when you take an average of 100 people who get into bandwagon to succeed online.... 95 will fail and quit...4-5 will make a reasonable living online.. and 2 will get stinking rich.
Even if these figures are not very encouraging, you must understand there are some valid reasons why this is so.
A vital point for you to note is that there are some great similarities when you do a comparison on doing business Online and Offline.One thing for sure, it goes without saying " Nothing happens by chance." The fallacy that by just placing a Web site on WWW and hoping for it to generate mega success online is still very much a fable. Some call it hype!
This is probably one of main reason why many budding online entrepreneurs soon or later go broke online. The truth remains that anyone who wants to get desired results to succeed online must include three important elements and they are:
1. Education 2. Time 3. Money
Before you even dare to venture on your own, to make a presence online, ask yourself:
Are you willing to educate yourself on different aspects of Internet Marketing? Let us now list down some of key elements that every online marketer must know to become a successful netpreneur.
The very obvious would be, knowing how to operated your computer effectively. This may sound very basic and yet this is what destroys a lot of people. You must always be prepared for unavoidable and unexpected.
Just to give you an account of our own experience: In our own quest to succeed online we had to overcome insurmountable challenges. But most frustrating was when we had to lose 2 years of work, in two hard disk in just matter of minutes. Hey, it does make your wonder whether to continue or to quit. But when you know how to manage and protect your computer effectively, it in turn helps you to save time, money and not forgetting frustration.
So what are some of other vital knowledge to acquire for one to keep ahead of their competition?