Why Online Businesses Fail

Why Online Businesses Fail

Why Online Businesses Fail – Are you looking for Answers?

What is the reason people fail online? A better question may be, “What are the Top reasons people fail online?”

When you really dig into it, there could be a list of hundreds and hundreds of different reasons why people fail online, so taking a look at the Top reasons why online businesses fail is where we will focus. One thing you should know if you are considering starting an online business is there are lots of people online making promises they don’t keep. Promises they simply cannot keep.

 

There are probably a million people online at some time today posting something that makes a promise of how much money you can make when they, themselves, are yet to make a dime.

If you have been around this business for a while you may know some of this stuff, so just bare with me. There are some very mammoth size companies online that act as, electronic product “clearing houses” and the people selling the products, quite possibly have zero experience with them.

Unfortunately, for us, the online business entrepreneurs, a whopping numbers of these products are targeting, hard working people, looking for a better way. People like you and I trying to start a business online.

So with all that said, “Why start an online business?”

The truth is there are many ways to have a successful online business and reach an advantageous position. However, there is no such thing as a “get rich quick” opportunity. If you are considering something that makes those promises, turn and run, now! Don’t be one of the multitude of unfortunate ones who have been taken advantage of, online.

 

helpIn a effort to set your mind at ease, I should make the point that there are people willing to help you, there are successful business people sharing experiences, training, product reviews and more. It’s not all bad, we are not all looking to rob you and vanish in the wind.

OBTT – Your Trusted Source on the Web, is a place where you can learn oodles of things you need to know to be productive in getting your business off the ground. I offer valuable content on different aspects of the business and you are certainly encouraged to take advantage of this site. See Getting Started Online and Websites Made Easy

Do I suggest products and/or services that have fees to join? Well, yes! I am talking about starting a business. If you were under the impression you could do that with no investment you were misinformed at some point.

The thing is, OBTT does coach, train and support readers and does not aggressively pursue your check book. This is not a pressure sales situation.

If you are still wondering, “Should I start my own online business?”

Stick with me and I will attempt to get you off and running in a relatively short period of time. The optimum word being “relatively”. You’ve heard the saying, “All things are relative”. As I have already pointed out, there are no get rich quick schemes. Being a success at something, anything, take some effort, it takes hard work, it requires commitment. So, let’s get to it!

Your are going to want to understand how to avoid failure online.

What I believe to be some of the top reasons people fail online are as follows:

  • They get discouraged and they quit too soon.
    • They are misinformed to start with and think that it’s going to be easy.
    • They are sold a lie and don’t get the support they need to build the base needed.
    • They do not have the time to invest or they lack perseverance.
  • They get ahead of themselves and try to jump straight to the money.
    • There is leg work to be done before the money starts coming in, without which the money never comes.
    • There is a order to follow for your business success and for that you need a structured program.
    • People are not just wondering the web looking for a brand new place to go spend their money.
  • They fail to build an audience, readership, following, a customer base.
    • To build an audience you most first provide something of value.
    • To provide value an a consistent basis over a period of time you must have a passion and commitment.
    • Success takes time and you have to build trust and build a brand, build relationships.

At this point if you are just curious about starting an online business, look around the site here at OBTT, read the Get started online section. When you get to the point that you are ready to take it a step further check out my reviews and see what feels comfortable to you. I never recommend anything that I have not try and tested or that you can’t look at for FREE.

See my #3 John Chow Scam a review on the training course “Blogging with John  Chow” (server problems)

#2 Jeremy Schoemaker – “The ShoeMoney Network” where he actually pays you to do the training.

money#1 Wealthy Affiliate Scam or? an inside look at the Wealthy Affiliate training platform, the community and the value. The am an active member of Wealthy Affiliate and very proud to say that. I spent many years knocking around on the web and this is, without any doubt, the best all around online business training I have ever seen. Wealthy Affiliate is not only loaded with all the training you could ever need, it is so much more.

There is a social networking type platform inside Weathly Affiliate that is filled with like minded people helping people. Check out my reviews and decide for yourself, I don’t recommend any products where you can’t get at look at the offer before you pay a dime. As mentioned, The ShoeMoney Network actually pays you to train so that is better than FREE.

Wealthy Affiliate give you complete access for 7 days at the end of which you will have to sign up for a premium membership to have full access or you can stay FREE and cancel at anytime with limited access. Please see my reviews for details.

I hope this has helped you in some small way, I wish you luck on your future endeavors, please come back.

Don’t forget to “Opt In” on the bar below so I can send you FREE training in the future.

If you do decide to check out Wealthy Affiliate you can view my profile here. See you on the other side. I would not be where I am today and able to share this stuff with you if not for Wealthy Affiliate.

RECAP

Why Online Businesses Fail

  • They fail to persevere – quit too soon
  • Try to go straight to the money- without building the base
  • They get discouraged because they were lied to – victims of a scam

Keep your eye out for more information on, “How to Avoid Online Scams” my next post.

OBTT – Your Trusted Source on the Web


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6 Comments

  1. Javier

    Great article. I think one of the main reason why people quit is because they want to get rich overnight. Business don’t work fast and I like the way you mention that. There are other tips but,by following yours is more than enough to get started and stay committed in long term, not only a few weeks. Great article and thank you so much for taking your time to share this info with us

    1. soc2661 (Post author)

      Thank you Javier, I appreciate you taking the time to read my post. Sharing the ideas is my pleasure, that is why I do this. I love connecting with people and helping people. Seeing someone else benefit from my sharing makes me feel awesome. Thanks again!

      Stephen

  2. soc2661 (Post author)

    Cathy,

    Thank you so much for taking the time to read. I really appreciate your words of support. It is always nice to know that someone agrees with what you are saying. We could talk about all the different aspects and go on for a while. I tried to give some insight without going to long.

    I usually have related information on additional post that I have links to, so it is in bite sized pieces.

    Thanks again!

    Stephen

  3. Cathy

    Hi Soc,

    I think the main reason many online businesses fail is because they didn’t have someone to guide them what to do on the web. Online marketing isn’t something you can wrap your head around easily if you are new to acquiring this web skill.

    Whether you own a physical business or doing affiliate marketing, there’s a huge learning curve that everyone has to go through. Giving yourself some time is probably the best way to see better results. Giving it up too soon, like you said, it’s equivalent to going back to zero with nothing gained.

  4. Jared

    I think you’ve definitely made some good points here. It is tempting to put the cart before the horse or count all of your chickens before the eggs are hatched. Building an online business takes perseverance and patience. If you try to go straight to the money and do go about building your business the right way, you’ll eventually look back on your efforts and discover that you actually left a lot of money on the table in doing so.

    1. Stephen (Post author)

      Hi Jared,

      Thanks for visiting and thanks for taking the time to share your your thoughts. It appears that we see pretty much eye to eye on this one but I would love to hear yours and or ideas on any of the articles, either way. Hope you’ll stop by again in the future. I wish you all the best in your endeavors, whatever they might be and if there is ever anything I can do to help you, please let me know.

      Stephen

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