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feline
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Posted: Fri Jul 13th, 2007 01:51 pm |
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I have long wanted to have my own internet business and possibly having my own website in the future.
Are there anybody here who are already in the internet business? Is it worth the effort? What are your tips for beginners like me?
Thanks.
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bwhite
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Posted: Tue Jul 17th, 2007 09:58 am |
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Feline,
There are many factors that go into deciding about an internet business. The first thing for starting ANY new business is to decide if you are truly disciplined enough for it. You have to be able to keep from being distracted or lazy and not working your business (especially if it's an "at home" business). For an internet business you have to look at several things: marketing, advertising, customer base, is your product unique or will it be competitively priced? Will you create and maintain your own website or have someone else do it?
Here are my tips for an internet business: Be patient as things will NOT happen over night; Have some money set aside for advertising or marketing your product/service; Become familiar with key words, search engine optimization and meta tags; once you start don't plan on having much free time until your business is actually doing business.
It's a lot to do and a lot to work with. If you decide to do it, good luck!
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awomen
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Posted: Tue Jul 17th, 2007 05:06 pm |
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I totally agree with and will second Bwhite's comments on being patient, setting aside money for advertising or marketing and ,becoming familiar with key words, search engine optimization and meta tags.
I have launched a number of businesses, including an internet business. ( I'm what is sometimes known as a serial entrepreneur.)
There's not much doubt you can learn to master the technical facets of an internet business; there are sites--Web.com is one -- where you can pay a minimal amt., use a template and be up and running in a matter of hours. Then, little by little you can start learning more every day, through not just reading but real life experience about the technical pieces of the puzze mentioned above. The real trick is deciding what service or product it is you are going to sell to make money, what is your unique selling point and how to get people to your site. ( Learning to use Google ad words to drive traffic is the topic of any number of books.)
If you are very persistent, and develop a passion for detail and testing ( success on the Net is much more about minute detail than most people imagine) you can conquer these things. A more fundamental question is "How well can you tolerate risk?" Entrepreneurs come in all shapes and sizes and different temperaments and work styles. There is only one thing all entrepreneurs have in common and that is the ability and willingness to take risks. The thought that keeps most entrepreneurs motivated during those anxiety provoking moments of starting a new business is the firm knowledge that great risk can reap great rewards. If you have or can develop that mindset, then you will definitely succeed.
Here is some info that might help you out:
http://www.advancingwomen.com/wk_entrepr.html
which includes:
Starting Your Own Business
Business Plan
Family, Fools and Friends, Seed Stage, Angels and VCs - Where the Money Comes From
Learn to Negotiate Hard
Develop a System
Focus on the Numbers
Track the Numbers
Cash Flow Is Critical
Learn to Manage
Crisis Management
Be Persistent
Do A Few Key Things Well
Network for Success
Anticipate Change
Good luck and keep us posted on your progress,
awomen Last edited on Tue Jul 17th, 2007 05:14 pm by awomen
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debrajean
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Posted: Wed Jul 18th, 2007 12:37 pm |
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| All good points. Be sure also to make your business visible on the web with specific keywords and to make sure your site is easy to navigate.
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awomen
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Posted: Wed Jul 18th, 2007 04:29 pm |
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Good point. Specific keywords are the way search engines help people to find your site. Constantly tracking the keywords which are working for your site is one of the ways to keep boosting your traffic. The next step is to track how well your site is converting visitors into buyers of your product or service.
Awomen
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feline
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Posted: Sun Jul 22nd, 2007 11:34 pm |
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Wow! That's bunch of useful and relevant suggestions and advice and all are worth noting down. Yes, I know it would take my time and discipline to be able to run my own business and once I start, there's no slowing down. 
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