Wednesday, May 7, 2008

Starting a Business - Why Some People Lose, and Others Win

Starting a Business - Why Some People Lose, and Others Win
Ask five people what to do to be successful when starting a
business and you will probably get five different answers.
Everything from, "you absolutely have to have a business
plan" to "failure is eminent without my new software."
Although a business plan is very important and there are
some very valuable software applications to grow a
business, there is one aspect of success that seems to be
very hard for many people to overcome.

Here's a story to illustrate the point. A friend, named Joe
wanted to start an internet marketing business. Before he
began selling anything he hired someone to coach him. The
coach did not have any really revolutionary ideas, pretty
much the same as the other guru's but he was honest with
Joe when he needed to hear the truth. Joe followed his
instructions on researching profitable niches. Once Joe's
coach emailed him with a suggestion that he thought would
make it easier for Joe, but Joe responded saying that he
thought the suggestion made by his coach was nearly
impossible. Joe told him, "I cannot do that, it's too
hard." The response from the coach was paramount to Joe's
success. It changed everything for Joe. He replied saying,
"Joe, if you think you can't then you're probably right."

Joe understood what his coach was getting at. Joe's own
thoughts about what he thought he could and could not do
were holding him back. Joe decided that very day that he
could in fact do what his coach suggested to find a
profitable niche. That's right, he made a decision that he
could do it and that he would not give up. Not only did Joe
find a very profitable niche, he found ten profitable
niches. Joe quickly started his first internet business
selling a hard good product and it turned out to be a total
success. This rest as they say is history.

Ask yourself, what could you do if you removed "I can't"
from your vocabulary and weren't hindered by what you think
are your abilities. Joe knew nothing about the niche he
started in and even so his business took off like
gangbusters. He learned about his product as he went along.
He didn't know how to build a website but he learned. Joe's
success had nothing to do with a large starting capital
because he started with less than $300.

Your success at any business venture has very little to do
with talent, money you have to invest, knowledge about the
product and a whole host of other excuses that people come
up with about why they can't start an internet business.
Your success does have everything to do with your
determination to succeed and perseverance when challenges
come your way. Now don't go and throw money down the toilet
because you don't want to give up, please use common sense.
If you haven't made any money after a couple months don't
decide that online marketing isn't for you. Consider moving
on to find another niche. There are millions of hungry
buyers in thousands of niches waiting to buy. Keep plugging
away until you find a need to meet in a specific niche and
fill that need. It will only take a few months to get to
know your market.

Every single month, there are millions of people searching
for information on how to make money on the internet, yet
less than 3% of those people ever actually make any money.
The difference among those that succeed and those that do
not is that the ones who make money don't back down when
faced with the same challenges that all online marketers
face. It comes down to this, you have to delete the phrase,
"I can't" from your vocabulary. Don't be one of the 97%
that give up right before you strike gold.


----------------------------------------------------
Ken Troyer is a very passionate online entrepreneur and has
a very high level of integrity. Ken has been involved in
online business coaching since 2005...and has developed
several successful websites since then. You can read more
about Ken over at his main website: http://kentroyer.com

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