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Starting Out
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Starting An Internet Business Is Not For Everyone
Copyright Soren M. Madsen
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www.entrends.com
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"Starting an Internet business is not
for everyone - so what can you do?"
As a business and marketing consultant I
talk toa lot of people and I'm surprised how many of them think that the best way for them to start a businessis on the Internet.
It is true that fortunes have been made and
will bemade by Internet entrepreneurs, but there are big risks and big investments involved. Just look at therecent decline in the technology and dot.com sector.
And if you, like me, have been around the
Internet for a while you have surely seen all the offers of business success on the net by either using orselling a vast variety of pre-packaged informationand other online products.
I have tried some, but not all of them and
I'm suremost are legit and worthwhile products. However, it seems to me that unless you are in early in the life of the program you end up fighting a saturated market. And most of us are not lucky enough to be there at the right time.
Clearly if you have a good idea for an
Internet business or some specialized information you can sell on the net - go for it! By all means try it and good luck to you!
If you think I'm not an Internet fan-think
again. I spend many hours on the web every week and email is an integrated |
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part of my business. However the net is
not a place for everyone to start a new business, but just to make it clear - I think the Internet should be part of any company's business plan.
"So what do you do if you want your own
business?"
You do what people have done since the
beginning of time- you do business the old fashion way, face to face.
And you build it step by step from the
ground up.
First you need to figure out what you
have to sell.Is it a product or a service?
Then a bit of research should tell you if
the market is interested in what you have to offer.
You should also get a sense of what your
potential competition is doing and how that may affect your success.
If you are an employee and you new
business will be competing with you current employer be sure to check that you will not be violating any contractual competition clause or other rules and regulations.
These are just a few first, but important
steps and all it will take is a bit of you time. Until you are happy with the |
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answers to these questions there is no
need or reason to spend any of your hard earned money.
Obviously it takes a lot more to start a
new business, but it is a good start.
You'll need to do more planning, detailed
budgeting, gather more information and ask more questions.
There are many "Start you own
business" books available and a lot of the tools and the information you'll need is available on the Internet.
One of the best things you can do is to
find a mentor. A businessperson who is willing to help you step by step and who can answer all your questions.
One last thing: "Don't ever give up
steady income until you new business can replace it!" Even if it means working double duty for a while.
Now - go get started on your own
business!
BUSINESS NAVIGATION - Practical
Business Solutions Helping people start busineses - step by step.
Goto
http://businessnavigation.com/freeq.htm
and ask Senior Consultant Soren M.
Madsen your most burning
business question.
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