You Will Fail Starting An Online Business – Don’t Be A Failure

I hope the title of this article has caught your attention, and I hope that you might learn something here.

It is a well-known fact that currently 90% of all internet businesses fail and most will close or give up within the first 120 days. You will fail starting an online business… Unless you are willing to do what is necessary to build your success!

Failure Is The PlanFailure Is The Plan

It is true more today than aver before, “If you fail to plan, you plan to fail”.

You made the decision to go in to business for yourself for a reason. You want to be a success. You want to be free of your daily job. You want to reap the rewards from your online business venture. You want to have time for yourself, enjoy life, enjoy your family. You want to be free.

In order to be successful, you have to make a plan. If you do not have a plan, you will fail. Lay out your goals and what you need to do to achieve them. Remember you are starting a business and you must treat it like a business. You are working for yourself so you are your boss and you must also treat yourself like and employee.

Do not jump right in without direction and a plan. Make sure that you are doing things that will improve upon this plan and take action as you learn and grow. Set your goals and find the best ways to achieve them.

No Matter What, It Is A BusinessNo Matter What, It Is A Business

Having your own online business is easy. You can start your own online business website for free. You can design a fabulous website, get all the right products or information you need, set everything up for success, but remember one important key element for success…. It is a business.

You must run it with a business mindset. You must learn and grow yourself within your business, along with working on building the business itself. There is no such thing as “get-rich-quick” when it comes to online business.

Teach yourself the fundamentals of business ownership as you grow. Make sure that you know the basics of bookkeeping and accounting for a small business. Understand the principles of profit and loss. Know your expenses and overhead. If you want to keep your business going you have to know the basics of how to run a business otherwise you will have no idea what to do as your business grows.

Do Whatever It Takes To Succeed

In order to be amongst the 10% of the internet businesses that do succeed you have to do whatever it takes. You have to be committed to making your internet business a success.

You cannot one day pop up a free website and suddenly sit back and make millions of dollars, it just doesn’t happen. It takes hard work and dedication to start an online business and truly become a success. There is no fast track, back door, or “quick” way to do it.

Do Whatever It TakesYou are likely bombarded daily by ads, emails, and posts telling you they have all the answers. Do not be fooled by this and do not waste your money by giving it to someone who says they have the answers to your dreams. The fact is that they are just taking advantage of you and how do you think they are making money, they are selling you on the idea that they know the secret to making money.

Starting an online business is easy but you will fail if you do not commit yourself 110% to your business. You need to remain actively involved as much as you can. It is hard work to start and you can spend many hours involved in building your business. You must be committed to yourself to build it and it will grow.

You have to be patient as well. Things do not happen overnight. You have to give it time to grow and develop. It will take time to grow your business and you have to prepare yourself for that.

If you are counting on your online business to support you then you have to be prepared for the time it takes to build it. Make sure that you are not leaving yourself in a pinch while you build your business. If you put in the effort of whatever is necessary to build your online business and spend as much time as you can building it, then it will begin to pay off, but it may take a few months before you start seeing any kind of rewards from it so make sure you can support yourself in the mean time.

If you truly spend your time doing whatever it takes to build your business, and dedicate yourself 110% to doing it, then you will achieve the success you are looking for.

Success Breeds SuccessSuccess Breeds Success

If you are willing to do whatever it takes to build your online business then you will see success with it.

The funny thing about success is that it breeds more success. If you are truly learning and growing with your business then you will be amazed by what happens along the way. As you reach your milestones of success or start attaining those goals that you have set out, things will start coming along that you never even thought of.

Success in one area, one point on your journey, will lead to success in more areas. People will start to follow you, start to view you in a different light in your chosen business or expertise, ask you questions and look for advice. Opportunities will start to present themselves to you that you never even thought of.

You Have the Power To Succeed

Do Not be within the 90% that fail within their first 120 days. You have the power within yourself to become a success with your online business. It’s all in your mindset and how you approach and grow your online business.

You Have The Power To SucceedHere are some key points to remember:

  • Your online business IS A BUSINESS
  • You MUST make a plan and set goals
  • You MUST learn and grow yourself along with your business
  • You MUST treat it like a business
  • You MUST be committed to making it a success
  • You MUST be willing to do whatever it takes to make your online business a success
  • You MUST utilize resources and support from others that will help you grow your business
  • You MUST watch your money and invest wisely in to your business
  • You MUST remain continuously active within your business and implement strategies as you learn them
  • You MUST remain open-minded and willing to make the changes necessary as you go along
  • You MUST be patient and realize things do not happen overnight

These are just some key points to get you started on your journey to online success. If you remember these key points, along with others that you will learn on your journey, you will be in the 10% that find true success.


I really hope this helps you on your journey to online business ownership and find the true success that you are looking for. If you have any comments or questions fell free to leave them below, or you can contact me directly.

Wishing you all the best to your success!

Wayne Killins

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2 thoughts on “You Will Fail Starting An Online Business – Don’t Be A Failure

  • April 28, 2018 at 5:15 am
    Permalink

    Hey Wayne,

    I have been planning to start a business online and have ben thinking of it as something I can be doing as a hobby.

    I didn’t think it was this demanding before you can make a substantial amount of monthly income. That’s why they say it is important to get advice before doing anything new.

    Had I not sought advice, I would definitely have failed.

    Reply
    • April 28, 2018 at 2:31 pm
      Permalink

      Thank you for the comment.

      Don’t get me wrong, you can definitely start an online business as a hobby or part-time income but you have to keep involved with your online business in order to make it grow.

      You have to continue to learn and develop it in order to get something out of it. Use your time wisely and do some time management so that you can carry on with what you are currently doing but also get something out of your online business.

      All the best to your success!

      Reply

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