6 Basic Principals Every Online Business Owner Should Know

The fact that you're reading this article shows your interest in starting your very own internet business. Maybe you're already an online business owner in search of some answers why your online business stalled. Even if you're just interested in what others have to say about online business startup guidelines, I think these are the 6 fundamental principals that will make or break your online success.

They are not in any particular order. From my experience you need to implement all 6 principals to lay a solid foundation for your online business. If customers ask me why they don't have any success with their online business, most of the time I will find at least one violation of these 6 principals. It doesn't mean that implementing a missing principal will guarantee instant success. However you will dramatically increase the odds to become a successful online business owner.

I don't expect that you believe a single word I'm saying. Just put your own online business to the test and see if these basic principals apply to your situation.

1. Don't Buy Into The Hype.

The Internet can be a confusing place. If you're getting serious with your business you will come across a lot of empty promises. 99% percent turn out to be exactly that, empty promises.

Stick with what works and choose your suppliers based on service and on how long they are in business. The Internet is a fast place and being in business for a couple of years means that you can expect world-class service and quality.

2. Don't Spend Too Much Time Online.

Don't forget your family and your friends. You will get drawn into this vicious cycle of wanting to do more and more. Remember success doesn't come overnight and time away from the computer benefits you and your family. Stay healthy while doing this or you won't be able to enjoy your success.

3. Take Your Time.

Success with a home based Internet business doesn't come overnight, despite the promises from all these emails and websites you come across while pitching your own business. The latest announcement, that Google is aging its index lists puts a new spin on quick success. Apparently Google now weights the age a website to determine its relevance and therefore its ranking. This means no matter how hard you try and how many tweaks you make to your website, it doesn't matter to Google. So, take your time and be patient.

From my experience it takes at least 4-5 months before you see some sort of returns. With Google's latest announcements maybe a little bit longer. This means that you must keep track of your expenses or you will go broke before you can cash in.

4. Lock Up Your Credit Cards.

Here's a very important tip. You are highly endangered to go broke if you make hasty buying decisions after late night online session. Before you enter your credit card number, bookmark the site, wait 24 hours, go back to this site and if you still think that you need this product buy it. You will save a lot of money by avoiding unnecessary or worthless purchases.

5. Be Persistent.

Simply don't quit. I know it can get frustrating having no sales or no hits for weeks. That's the nature of the business. I had months where the sales happened almost hourly and there's times when I didn't see any action at all.

Just keep pounding the rock. All successful people in the world have one thing in common. They are persistent in what their doing.

6. Be Unique.

Nothing will kill you online success quicker that being a pure copycat.

Keep this in mind. You will probably sell the same stuff as hundreds or thousand of other businesses. So why should somebody buy from you and from you only? Be yourself! Put your personal touch on it. Sometimes it's a good thing to point out the negative of a certain product as well. Your potential customers will appreciate your honest opinion and trust you in future product announcements.

Remember it's your reputation and your ability to move emotions of your customers that sells.

As I said, you don't have to agree with me. I found these principals the key factor in my online business success.

Sincerely,
Peter Dobler
© 2005

Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner. Collect more free software and bonus content for your own web site at http://www.online-business-idea.com or send a blank email to mailto:pdobler@getresponse.com

---

Two Steps to an Investment-Free Online Empire

If you're like most of us, you're not on a... Read More

Online Business Mistakes

Everybody makes mistakes, but nobody likes to talk about them.... Read More

FREE Classified Advertising Tips to Boost Any Business!

FREE online classified advertising - the equation is simple. A... Read More

Top 10 Marketing Tips for Newbie To Start

Looking for some tips on being a newbie in the... Read More

Internet Marketing: Are You Penny Wise And Dollar Foolish?

It never ceases to amaze me how many people set-up... Read More

Find Your Niche

If you haven't heard the word 'niche' being batted around... Read More

Free Content -- or Forbidden Fruit?

Dear Cathy:I just found an interesting article on someone else's... Read More

8 Excellent Ways to Sell Your Back-end Products More Successfully!

A back-end product is a product that you attempt to... Read More

Capture Names - They Are Like GOLD Nuggets!!

A landing page is used to capture people's details when... Read More

The REAL Secret to Building A High-Profit Internet Business

My wife laughs every time she sees me doing it.At... Read More

What The Internet Marketing Gurus Are Doing That You Are Not

Do you want to join the well known gurus like... Read More

See Abundance In Your Prospects

I was privileged to have a good friend and great... Read More

Website Promotion With Content Exchanges

Ever hear about an idea that is so simple yet... Read More

How To Write Effective Safelist Headlines

Your headline is the gateway to your advertisement. It will... Read More

The Right Mindset : Key To Success In Online Business

Today we are going to discuss a very important requirement... Read More

Online Marketing Success Formulas?

Quit your job, pack up and restart your life online.... Read More

Be Different And Profit

I've just spent 3 hours surfing the web and found... Read More

10 Deadly Joint Venture Profit Killing Mistakes

1. Not sending out another mailingSending another mailing (to the... Read More

Marketing and the Hired Guerrilla

It's a jungle out there, so know and use your... Read More

Streamlining Internet Marketing

With each new Internet Marketing (IM) Guru, there comes a... Read More

How to Get 100s of People into Your Downline(s) in Just a Few Months

I've been "seriously" working the Web since late 2000. I... Read More

Getting Targeted Traffic by Standing Out In The Crowd

Have you ever seen the trading floor in action on... Read More

When is Spying on Your Competition a Complete Waste of Time?

Your brain screams "Gimme Fast", "Gimme Easy", "Do it for... Read More

The Most Important Aspect Of Internet Marketing Ever

Hi there,It is still scary to see how many internet... Read More

A Simple 8 Step Formula For Testing Your Headlines

I am going to let you in on a secret?... Read More

Internet Marketing - Surviving the First Year

So you've decided to take the leap into deep water... Read More

Website Marketing: 10 Proven Uncommon Tactics Ways To Accelerate Your Profits

Would you like to accelerate profits at your website?Here are... Read More

Learn Judo and Beat the Summer Traffic Blues

Did it seem like as the Fourth of July fireworks... Read More

How To Make Readers Desperately and Uncontrollably Wanting To Buy Your Product

Are you looking for ways of persuading your web site... Read More

The Truth Behind Guaranteed Sign Ups

I've got a confession to make... I have been into... Read More

Niche Marketing and Finding Your Way to Profits

If you haven't heard the word 'niche' being batted around... Read More

How A Change in Perspective Can Help You Make More Holiday Season Sales: Pt. One

Some sites are perfect for the Christmas season - their... Read More

5 Fast Ways to Improve Your Website

Building a website is easy. Building a successful e-business is... Read More