Five Tips on How to Start a Successful Online Business

Successful Online Business …

There is a “secret” to starting a successful online business.  The secret is that success can be duplicated.  We can reverse engineer the methods used by other successful online businesses and use their systems in our company.  If a company is succeeding it is likely because they have developed, documented, and fine-tuned their business systems.



Okay so it’s not really a secret but many people don’t try to mimic other people’s success. Instead they wing it and develop a chaotic system for their business.  This is the worst mistake we can make in an online business.  If we take a look at people marketing online today we see that much of their marketing methods are highly automated and structured.

“If your goal is to start a small online business that replaces and exceeds your current income this may be the most important article you read this year.

Brash, huh?

Here’s the deal: I’ve been working online full time for almost 10 years, since age 19. I’ve had a lot of failures and a lot of successes.

There is no better way to learn how to succeed than to learn from someone who has already done it.”

Karol Gajda

Tip #1 Concentrate on what’s Important

The most important thing is action. If we are just starting out don’t worry too much about the details.  Limit the amount of paperwork in your business; remember this is an online business.  Most paperwork should be electronic.  If someone wants to contact you all you need to do is direct them to our site or we can ask for their email address so we can follow up with them.

Start the business in your own name to avoid all the paper work involved in registering a corporation or business. Although we will eventually need to do this it is better to first concentrate on minimizing costs and paperwork.

Tip #2 Education is An Essential Investment

There is always someone who has done it before you.  Look for someone who has succeeded and now wants to share with others how they can succeed.  They may have a blog or information product that is very helpful. Don’t be afraid to part with a little bit of coin for education.  It doesn’t have to be traditional education it can be as simple as purchasing a product such as an e-book.

Concentrate on getting an education in marketing as that is by far the most important part of businesses.  There is often no need to distinguish online and offline marketing. Once we learn traditional marketing we can apply it with any business with minimal amount of adjustment.

Successful Online Business Owners Embrace Help …

Tip #3 Don’t Hesitate to Ask For Help

This is usually the most important part of being in business.  We need to be able to reach out and ask for help.  This may involve sending out unanswered phone calls or emails but don’t get discouraged if people simply ignore your messages.  Starting a business isn’t easy and if we can score some good help or advice from someone who has previous experience it is worth it to ask.

If we talk to enough people we will almost certainly get the help we need.  You may be surprised at how accessible people make themselves.

Remember we want to communicate clearly and effectively.   Many people follow a five sentence rule for their introduction emails.  They want to outline their questions and purpose of the email in less than five sentences.  Anything longer is more likely to be ignored.  Be sure people know what you are asking them.

Tip #4 Get Involved in Your Community

Regardless of which niche we enter there is always a community to interact with.  For example for E-bay users there are several E-bay forums.  It is here you can ask for help from people who are already involved in similar projects.  It’s a great place to ask for help and also give advice so that other people can taste the success you have.

Tip #5 Don’t Bet the Farm

It’s easy to find a bunch of stories about people who quit their day job and invested nearly all they had in their businesses.  Don’t be fooled, more people will likely have stories of failure to share when betting the farm. The difference is most people don’t write about their failures.

Don’t quit your job before it’s time.  You have to have an income to survive when our business is at first unprofitable.  Take the side of caution and work your new business into your schedule at first.  As you become successful you can better weigh the risks of quitting your day job and dedicating all your time to your business.

Successful Online Business Source

Do you have any successful online business tips? Leave them in the comments below!