Are you excited about your online business? You have been considering this a long time, and now you are a proud business owner. Many new entrepreneurs, go aimlessly around trying to create their new found success. Without a realistic plan of action for your online business your excursion can soon turn to frustration.
Your ready to earn money online, that is why you joined an online business. But their are many mistakes that new entrepreneurs can make in there urgency to be in positive cash flow. While its agreed getting you in positive cash flow as quickly as possible is important. It is equally important to do it the right way.
Here is a list of – Mistakes new Entrepreneurs make with an online business, and easy solutions.
1.) Capture Page – If you have an online business you will need a capture page, sometimes called a splash page. This is not an option this is a must. The purpose of the capture page is called permission marketing. When a potential client submits there information to your page they will receive personal updates about your online business. The biggest mistake you can make is sending them to your main website first. Always market your capture page. Many new entrepreneurs miss this important fundamental piece. They end up potentially losing hundreds of potential clients.
2.) Sales Letters – Sales letters goes along with capture pages. I am sure you receive offers and updates in your email. This is the same thing. You will want an autoresponder that sends out professionally written sales letters to your potential buyer. Its been seen where entrepreneurs are having no correspondences with their visitors. That is not going to assist in your sales conversions.
3.) Online Marketing – Online Marketing is the core of any online business. Do you have a nice flashy website? Big deal if it does not get seen. Marketing is a course in itself. The biggest mistake you can make is not researching marketing companies. It may promise you a high conversion of sales but you are going to want to do you research on each company.
In addition I see entrepreneurs putting all their eggs in one basket. Meaning they are using only one marketing source. Marketing is not about one magical source. Its about spreading your website across the Internet. Use free methods of marketing, and paid versions to double your exposure.
4.) Prioritize – Having a to do list is great. But new entrepreneurs will sometimes do things that is not necessary. Take the time to prioritize what is important and needs to be done today and what can hold off till tomorrow. Remember you want to get your business started off properly so follow the fundamentals.
5.) Verbal Vomit – This is not a pretty terminology. But it what I call when new entrepreneurs try to explain there online business. They babble and babble and give no facts about the business. It usually will turn your clients off similar to the terminology. My suggestion if you do not have to explain the opportunity, try not to. Do not feel bad this is a skill that can be developed with time. Its early in your career, give yourself a break. Ask your mentor to help you out. Most good teachers will assist you until you feel comfortable answering questions.
6.) Educating On Business – This goes with Mistake 5. You get so excited about earning money with your online business that you do not properly educate yourself on your business. That's why it is hard to explain it. Take some time and educate yourself completely on your product or service. Understand the fundamentals of your online business, how you are paid, the compensation plan, how the product and service will benefit you, and how the company support operates.
This step is so commonly missed. The idea of money over clouds the business. A strong business owner knows their business inside and out.
7.) Website – Start looking into originality. You were probably given a website with your business. Consider getting your own website. Everyone else has this website. Its always beneficial to set your self apart from the rest of the marketers online
8.) Marketing Education – Get some education on marketing. If you were going to be a doctor or lawyer you would need trainings. Its not different with online business.
Its a good idea to check with your mentor to see what free marketing trainings they have for you to utilize. You invested in your online business, keeping expenses low until you earn money is important.
9.) Missed Trainings – If your online business, or mentor offer trainings attend whenever ever possible. If you can not make it see if they record for later use.
New entrepreneurs who do not attend trainings and get the support can be the biggest mistake to not only starting your business today but having it hold longevity.
10.) Get With Your Mentor – Having a good working relationship with your mentor can be a benefit to you. If you are having problems to do not go at it alone. Get a hold of the person who bought you into the program. He or she can help you.
The mistake is if you go at an online business alone many more mistakes can be made. Its okay to ask questions. Asking questions is what will allow you to not make as many mistakes. There are no dumb questions in business.
This is a list of big mistakes new entrepreneurs will make upon starting their online business. You are excited and ready to market your online business, but taking the time to do it the right way will help you to make your online marketing strategies work for you and not against you. Creating an online business is not a marathon. Will you make mistakes? Yes, but learn from your mistakes and build your online business the smart way not the wrong way.