Internet marketing is one of the fastest-growing and profitable businesses today. It is an excellent way for anyone to start a small business with little investment, no overhead, and high profit margins. Anyone can get up and running with an online
business in hours. Sounds like an easy way to make money, doesnt it? Compared to other offline small business ventures, it is.
Yet internet marketing failures still vastly outnumber those who have succeeded in internet marketing. For every story you hear of someone making $10,000 a month at internet marketing there are hundreds of untold stories of those who failed to
make a profit or only made a few dollars and then quit. Why do so many fail when the potential to succeed is high?
1. Failure to plan No matter what type of business you are running you need a business plan with well-defined goals. What are your short-term and long-term goals? What steps do you need to take to meet those goals? Write out your plan and review it frequently. You are running a small business. Treat it as one.
2. Failure to work the plan So you already have a business plan? Are the following it? A plan means nothing if...