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Mistakes to avoid in starting your Internet Business

Submitted by charlieaquino on Jun 15, 2009 – 3:42 pm7 Comments

Mistakes to avoid in starting your Internet Business So you want to start your Internet Business huh? My guess is you are asking where do you start? What’s a good Internet Business?

I have asked that question many many times too as I start building my own Internet Business. But I won’t brag about being a success in this area already. In fact I’ve had more failures than success in this kind of business.

I am no expert in building an Internet Business unlike people you’ve probably met in the forums who share wonderful information with you about how successful their Internet Business is. On the other hand, I am a learner, and just like you I want to learn how to become successful in building my own Internet Business.

So why should you listen to me?

Because I’ve had many failures already!

Yes I did have some success like having sold about 10 copies of my ebook online and ranking number 1 in Google for the “MLM Building Tips” keyword. But the true lessons I have learned were more of the failures I committed and I’d like to share with you several important ones today so that you will avoid the same mistakes I made

Mistake #1: Focusing on what’s profitable than on what I love

Some would argue on this but my experience says otherwise.

There are many Internet Businesses you can start. In fact read this article from About.com and you’ll find 1001 different ways to make money online. And I guarantee you after reading it, you’d be more confused on where to begin.

The internet is a huge gold mine. The issue is not really profitability. Every single opportunity is profitable in its own way. The issue is whether you will enjoy what you will do? And whether you can spend years doing the thing and still be happy and enthusiastic about it.

Your happiness is much more important than profits, because the more happy you become doing what you do, the more you will attract customers to you.

I learned that lesson from my fiancée who is now also into the Internet Business doing online freelancing jobs. You can find her posts here.

I spent a year doing MLM Online as a business and she spent only two months doing oDesk and she earned more than what I did. Why? Because she loved what she was doing. As for me, I found the niche lucrative but my skill set was not really built for it for the long term. Yes I know I can earn from it big time, but will I be happy, will I be able to sustain it?

So my lesson is: Find out what you love and make a business out of it.

Mistake #2: Failure to take focus

The internet is filled with a lot of information and the biggest problem Internet Business owners will face is information overload. You would want to try everything especially if it promises good money, as most usually do. But doing many things will not make you a very effective business owner.

I remember the quote from an episode of CSI when Gil Grissom said, “You can’t chase two rabbits at the same time.”

My lesson: Focus on one thing and do it well. Or better yet, focus on what you love and do it well.

Mistake #3: Failure to take action

Sometimes you will know what you love and you will know what to do but you can’t just seem to get your act together to do it. Sound’s familiar.

The surest way to fail is never to take action and this is the number 1 reason why Internet business owners fail.

The internet if full of tutorials and everyone of them is worth nothing unless you try and do it yourself. Stop envying people who have made it and stop simply wishing you had the same. Open your computer and start doing something.

My lesson: Done one act for your business everyday.

There are many more lessons but these are my top 3.

So now I try to focus on this blog which I put up together with my fiancée and hopefully this will become the start of a happy and profitable internet business for us.

I like teaching and making tutorials and that’s what I want to focus on now for this blog. So you can expect a variety of articles, podcasts and videos in this website. Consider subscribing to our feed so that you won’t miss a post.

And if you would be kind enough I’d like to know your thoughts on what training you would want to see here. How to start a website, how to start a blog, anything. If I can do it I’ll make it. And of course it will be available to you for free. Just leave your suggestions in the comments below.

Have a nice day and God bless!

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7 Responses to “Mistakes to avoid in starting your Internet Business”

  • Thanks for reminding me about those essentials.

  • Gabby Gregana says:

    I can relate to that. And i believe that in anything that we do, we should always have the proper mindset and really do the things that we do love. Like what I learned from Mr. Hunt, the great oil billionaire, there are only two requirements to be successful in life and these are:
    1. You must DECIDE exactly what you want in life.
    2. You must determine the price that you’re going to have to pay in order to get what you want and then RESOLVE to pay that price.

  • charlieaquino says:

    I agree to that bro. Welcome to cajammed!

  • hi. Charlie.
    thanks for sharing all these things to me.
    Actually, i’m just a beginner of online business like PTC’s but i don’t know about blogging.

    You can also try to open my given website and i want you to comment on it.

    Glad to hear from you again.
    God bless.

  • charlieaquino says:

    Hi Grace,
    Thanks for dropping by. I saw your site it’s an affiliate site pala. You could start learning about blogging using the free blog sites like blogger.com and wordpress.com. The internet is such a huge industry that up for the taking of anyone who is willing to learn. Just keep on studying and soon you can make your mark as well. Hope you have already subscribed to our newsletter, it can be of great help as you start.

    Keep in touch!
    Charlie

  • arneorgiba says:

    Hi Charlie,

    Thanks for sharing your experience. I’m one of your avid followers since your mlm topics. It’s true what you said about FOCUS. It’s one important ingredient to success and I’ve problems with focusing on what I’m doing. I started a blog hoping to start my journey in internet marketing. Hope you could drop by and tell me your thoughts about it.

    Congrats on your wedding!

    Regards

  • charlieaquino says:

    Thanks Arne! You have a good site. I have a question though, are you blogging about this because you enjoy the topic or because you will be promoting a product? It took me a while to realize that blogging about a product you are promoting is not very sustainable unless you are very passionate about the product you are promoting and can blog about it for a long time. One thing I learned about IM is to start with your passion. It took me a while to learn and accept but now I’m redirecting my focus to it. Watch out for my post on this.

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