Why do most online businesses fail, and how can you be different?

The cost of starting an online business is so small that virtually anyone with some time on their hands and the inclination to ‘have a go’ at an internet business can do so. There is a huge amount of competition for your attention on the internet and that is also the one thing which is constantly dwindling in almost every internet user – attention!

Technology is constantly distracting us. You need only look at the average group of people for a few seconds before one of them, (or all of them) get out their phones! Attention is also something which is being taken away from those wanting to build an internet business simply due to the variety of distractions which constantly bombard us when we are browsing the internet. If you have tried to start an internet business you will have probably realized that it is very difficult to stay on-track, focused on one particular course of action. You are inundated with faster, simpler and easier ‘systems’ which you can spend a lifetime chasing.

Free traffic costs something worth more than money – time! If you have a lot of time you can spend it very easily on the internet thinking you are being productive, when in reality, you are being a ‘busy fool’ – filling your time with unproductive activities. Value your time and spend it focused on money producing activities. Avoid opening the browser with no clue what you will do with your time. Spend some focused time writing down your plans for your time for what you will do when you sit at your computer.

Get a mentor who is honest and in it for the long haul. The SFM offers a community of real people who you can connect with and ask for help on a regular basis. The back office provides all you need to run your own profitable online business from scratch and which is quickly up and running.

Mindset plays such a huge part in whether someone is successful at something or not, and it is often overlooked – especially with an internet business. There must be millions of people struggling with their internet ‘businesses’ sitting at home and accomplishing nothing. You need to get help with a business of any kind, no-one does it entirely alone. If your mindset is negative or unsure, you will not the drive to make it through the difficulties required to make it work. Quitting isn’t an option, but you also need to have some insight into your own behavior. Doing the same thing over and over again, and expecting different results is the definition of insanity, according to Einstein. Even so, it is something that many people continue to do, in life as well as in business.

Mindset 1: Difficulties mean it doesn’t work, outcome: giving up

Mindset 2: Difficulties are feedback to correct and improve, outcome: changing behavior, not giving up.

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” – Thomas A. Edison

Not giving up doesn’t necessarily mean the end result is achieved automatically. However, by looking into your behavior as the route cause to your outcomes, you empower yourself with the ability to change. By blaming a system or business, you dis-empower yourself because you are no longer in the cause/effect relationship if it is the fault of something outside of yourself: you give up, guaranteeing your failure.

“There is no such thing as failure. There are only results.” – Tony Robbins

To learn how to build your own internet business from scratch start here with this free video series.

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