Four Tips For the Online Business Entrepreneur

It truly is a great time to be an entrepreneur.

Technology has leveled the playing field and there are online business opportunities for all budgets and knowledge levels. There are so many online business opportunities offering to help the budding entrepreneur make money online that it can be a bit over whelming and this is one of the first hurdles that the new entrepreneur has to overcome.

The online business entrepreneur now has more information on hand than ever before in history. You can Google search just about any topic and come up with more information than you can deal with in a day.

Making money online may not be as easy as just searching on a search engine but there are numerous opportunities out there for the entrepreneur that has a discerning eye.

The speed of the internet development and the speed of online business development means that the online business entrepreneur is better placed to identify and take advantage of online business opportunities than large corporations, that have multiple layers of policy and procedure. There are some things to consider as you develop your entrepreneurial online business though.

1. When should you become fully dependent on your online business for income?

I have heard of some people that had one good month from their online business and then quit their job only to find that within another month they are out beating the pavement for a new job because they didn’t make enough money to keep the momentum of their business going. This is another example of people failing to plan and so planning to fail.

You need to have a business plan that gives you clear indication as to when you are safe to leave your current job. This may mean long hours for the first few months and may not be as fast an exit from your old life as you would want but it is better than having to go ten steps back and then probably loose momentum and leave your online business venture for good believing that it didn’t work for you.

2. Decide on what you want to sell before you get online.

You need to know what areas interest you and what product lines you will be following before you even get online. This will help you maintain your focus because as soon as you get online you are going to be swamped with online business opportunities that could suck all the money from your wallet before you even get your first product on the shelf.

Know what you want to sell and then go and search it out. This is called ‘finding your niche’ in some circles and it is an important part of the online business development.

When thinking about your niche you may want to examine the competition on the internet in your chosen areas. It is very difficult for the small guy to come in and corner a niche that is already over full with experienced and often wealthy entrepreneurs.

Look for a niche that is not covered by the big guys, something that is selling at a reasonable pace but doesn’t have too many affiliates.

3. Make sure that you spend time developing your online personality.

Your online personality is your presence.

It maybe you have some accounts on Facebook, Twitter, YouTube and other social networking sites. It is imperative that you nurture your contacts on these sites in a way that you generate respect in your chosen area of online business growth and development.

Even before you start to promote your chosen products you can be involved with groups and be adding valuable information to forums and blogging sites.

Get yourself known as someone that people can turn to for support and help. Write articles, create blogs and squidoo lenses. Promote yourself and your presence at every opportunity.

4. Finally the last thing that you should do or not do is give up. One of the analogies that I like is the one degree it takes to get hot water boiling.

At 100 degree Celsius water boils but at 99 degree it is just hot. Many online marketers give up just at the time that the water is going from hot to boiling.

They put in so much energy and then they drop out before the surge takes place. You will get frustrated and you will feel that you are wasting your time but you should never give up on trying to make your online business venture successful.

There is nothing wrong with failure; we just don’t want to repeat the same mistakes twice. There is nothing wrong with falling flat on our face; so long as we get up and move forward.

3 Habits of a Successful Business Entrepreneur

The habits of successful business owners are a topic worthy of much discussion. Have you often wondered why some company heads earn significantly more than other successful business chiefs?

In this article, we will discuss 3 habits most highly successful business entrepreneurs employ on a daily basis.

1. Learn your business

One of the key elements present in the character of prosperous business heads is expertise. They are extremely knowledgeable about their business. While they may not do everything themselves, they know exactly what needs to be done in each component of their enterprise. This is essential because your employees will know that they can’t present you with inferior work and expect your satisfaction. If you are a new business entrepreneur, learn from reading books about your industry, going to seminars, and other business owners in your field.

2. Staff your shortcomings

As a small business owner, it is imperative that you staff your weaknesses. It is OK to be weak in certain areas. The danger arises when those weak parts of our business are left alone. These areas must be handled by someone. Employing individuals who are strong where we are not is a great way to deal with our inferiority. It is when we work together as a team that our businesses succeed and we can become a successful business entrepreneur in our own right.

3. Keep track of your marketing to become a successful business entrepreneur

Smart business owners will always know which marketing pieces are producing the best results. Knowing how much money your marketing is producing for your company is crucial. If a specific campaign is unproductive, you must be prepared to replace it or simply stop it entirely. If you are spending more on marketing than you are making in profits, your business will not be around for long.

To sum things up, the habits of small business owners who are successful are very similar. If you imitate the 3 characteristics above, you will begin to develop these character traits in your own life. You can be the next successful business owner in the nation by following the methods of others.

Are You a Top Home Business Entrepreneur? Do You Have What it Takes? Learn How in Three Easy Steps

Do you actually believe that you are going to achieve those lofty goals of being a top home business entrepreneur and make big money in your home based franchise for this last part of 2009, looking into 2010? Most people don’t believe. And when I say believe, sure on the surface they might talk the good game, but deep down there is always that question mark, that voice that says, why should this year be any different than last year…especially in this economy?

Do you have that same little voice? I’ll tell you he gets around that is for sure, and that is why most people will never accomplish their lofty goals and make the kind of money that they would love to make in their home based franchise.

Your success and wealth will never be yours unless you start to have confidence in yourself that yes, despite the economy, despite working the long hours, that despite the family not being 100% behind you, that indeed you will be a top home business entrepreneur and have a successful home based franchise. I know that is easier said than done, so let’s take a look at how it can be done.

Did you know that the average person has about 50,000 thoughts per day? Whew…that is a lot of thoughts and sadly most of them happen to be negative thoughts. I don’t blame you, take a look around you…CNN (Constantly Negative News) drones in the background of homes and offices, everyone is getting a bail out but the people who really do need it…you know, people like you and me, our kids tell us that we don’t know anything, the commute is a drag and your boss constantly is harping at you. It’s hard to get out of feeling negative…at least for a good portion of the day.

Your first move is to get out of being the victim. You are not the victim. You have complete control of everything that happens in your daily life; so take control. Start today. Sure, it might seem a bit awkward initially, but as you take control more and more, you will like the feeling that having more control gives to you.

Turn off CNN, don’t allow the kids to be disrespectful, listen to motivating tapes and CD’s on your commute and start to do something about firing your boss! Take control! As the saying goes… I’m good enough, I’m smart enough, and gosh darn it… people like me!

The power of your mind is incredible and unfortunately you are always programming your subconscious mind. You are programming your mind with both the positive and the negative thoughts that you have throughout the day.

So, if the majority of those 50,000 thoughts are negative, that is what you are programming your mind to think and because your mind listens to you, your mind believes those thoughts and makes them true. The good news for all of us is the same can be true for the positive thoughts.

Your second move is to carefully monitor your talk whether it is your self-talk or your day to day typical conversations. You must be persistent about this. Most people at this point in their lives are so conditioned by negative self-talk, that they don’t even realize that they are doing it. If you need to ask a friend to be your ears and ask them to interrupt you every time you start to talk negatively about literally everything then do it!

As you become more and more conscious of the conversations that you have out loud, you will then become more conscious of the conversations that you have to yourself. Both can be equally damaging, or helpful, depending upon which way your conversations go.

I find that one of the most powerful tools for building self-confidence and getting rid of the negative conversation is the repetition of positive statements until they become a natural part of the way you think. These “affirmations” act to replace the negative conversation you have been sending to your mind for the better part of your life.

Every morning before I get started with my day I do three things…without fail. I write down my affirmations for the day, I say them out loud to anyone who will listen (usually it’s only my cat, but he will do!) and then I write in my journal everything that I am grateful for in my life and for the day. Yes, it is a ritual that I have, but after I am done, but mind set is powerfully positive and I feel like I can conquer the world. I know that now my self-talk is going to help me to get to the dreams and goals that I have laid out for myself and for my home based franchise for the end of 2009 into 2010.

Your third move is to make a list of around 20 affirmations that you will write down and say once, twice, even three times a day. When you say your affirmations, say them out loud, with conviction and with confidence. Your mind will start to believe the orders that you are giving to it. That is when your goals and your dreams will start to come to fruition for you and your home based franchise.

Believing in yourself is a choice…it’s your choice and it’s an attitude you develop over time. Your negative self-talk will not end tomorrow, but now you know how to take responsibility to take charge of your own self-talk and your beliefs.

You must choose to believe that you can do anything you set your mind to – anything at all – because, in fact, you can! Take action today…be the top home business entrepreneur and have the best home based franchise and I will see you at the top.