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When starting a new work at home business it is very easy to become consumed by it. We spend so much time trying to get the business up and running that we may end up becoming burned out and lose our motivation. There is so much to learn and Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in
ABC News carried a story of a man who was selling his 3-year-old Internetbusiness for 3.2 million with stock in the company that was buying. Hestated, " I want to do something else with my life. I just graduated fromhigh school and want to have time for college activities and have a fullsocial life. Besides I can invest and do my thing."We have all read these stories. College students in a small room startedYahoo. We read and at least hope that we can do something ourselves..So many who read these things want a miracle? Ads for Internet opportunitiestell of that at least 100 thousand, at least a better home with a new BMW inthe three car garage. After all Bill Gates, and the person selling you theopportunity made it.Here are some things that must be considered to live a real life on theInternet.1) MOST BUSINESSES ARE UNDER CAPITALIZED. Only about 2% of all SMALLbusinessmen are still in business 2 years after they start. Why should it beany different on the Internet? The biggest reasons for failure is not enoughmoney. After you buy your computer equipment, you need about $400 to startat least. Yes, there are those who started with less who made it. RuthTownsend of Cortland, New York started with free ads(http://www.lifestylespub.com/). It is being done all the time. But only afew make it. But the Internet business cost considerable less to start thanthe hundred thousand needed to start most businesses.2) LACK OF TRAINING. Some men and women think that owning a computer is thekey to success. The computer age is still just starting. We are the silentmovie stage. We need to learn and learn more. Take one course at a time atyour community college. The way computer science of going, we will always bein need for more training. Spend at least an hour per week learningcomputers, business skills. Admit that you don't know everything. When youfind something that you don't know, go to people who will help you. One sitehas some courses about the Internet at http://www.sonic.net/~rwreyman/ Useother people's energy.3) NO DISTINGUISH BETWEEN GOALS AND COMMITMENTS. A goal and commitment arenot the same. To sell 50 ads is a goal. To be committed to making the salesis hard work. Give yourself some slack, but don't let yourself slack off.Make realistic goals and work towards it. Did you know that most fortunesare still made one step at a time? Carry out one step at a time withcommitment. Make bit size portions and win one step at a time.4) NO GOALS AT ALL. Define what you want. One my early advertisers didn'twant to be on the Internet, but wanted to be a weekend artist. He has thetalent, too. Do you really want to be an Internet marketer? Write down yourgoals and the keep them in sight. Do check them daily. Some days you willhave holes in your plan, but by daily glancing at them, you will eventuallythink the holes full. One goal that successful businessmen always have is totake a percentage of their earnings and reinvest it. If you spent $100 totake $200, pyramid with $150 to make $300. Plan your strategy.5) TAKE TIME. In Mail Order that I came from, experts said that it tookabout a year to learn that trade. I believe that it takes the same on theInternet. Make a learning period first. Learn as much as you can. But unlikemail order, I believe that you must continue to learn. I got an email fromsomeone in New Zealand once that outlined my mistakes. And told me that Imust change because in so many words he was an expert. There is no totalexpert in this business because both technology and practice is stillgrowing. The persons who think he or she is an expert will eventually runout of the expertise that he had because it will have changed.The Internet is still as land of opportunities, but you must be realisticand then work hard. Some will disagree with me, but I believe that oneshould try until you get it right. Where else can you start a business with$400 or less and have a chance to make it. Sound unpleasant, but some willhave to invest that $400 and about the third or fourth $400, he will makeit.
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