Starting an Online Business for Dummies – Common Mistakes – Many people made them and I made a lot of them too.
To start an online business is more popular than ever nowadays. I did not like my job and I had really enough of working for a boss who did not really appreciate my work. Besides that I want to travel a lot and that is only possible if I can work from all over the world.
I started with affiliate marketing but no matter if you do affiliate marketing, have an online shop or any other online business you should definitely avoid these 10 mistakes. In fact I did a lot of them too. I hope I can help you with my experience here.
10 Mistakes most people make when starting an online business
These 10 mistakes are really easy to avoid but they are made over and over again.
I have so many ideas
Ideas are great and you might think ideas are the start. However in fact ideas are nothing…I think Tim Ferris said that too. It is just something in your head and it does not really exist. You know what the start of your online business is? The start is if you really do something otherwise you have nothing.
I did the same mistake I was thinking and thinking about what I could do. Should I create an online shop or should I do affiliate marketing? I had so many ideas but it took me so long to actually start.
I love my idea it is the best
It is good when you are confident about your idea but you should definitely check if other people love your idea too. If you create an online shop for example but you do not check if anybody is actually willing to buy your product chances are very high that you won´t sell even one piece.
People are going to love this anyway
This is very similar to the mistake above. You should not create a product or a service and try to sell it even if people do not want it. That can be very frustrating and many will give up then. You should look for opportunities. Is there anything what I can do for people and make money with it? Do people need something? These are the questions you should ask yourself. It will be a lot easier for you and less frustrating.
I will do it exactly like this guy
Believe me it will not be enough to just do it like this guy or just do it like that guy. You have to be unique. You should definitely have some role models but be yourself.
I need a big plan before I start
Don´t get me wrong you definitely should have a plan and think about what you want to do but if you want to plan everything you will never start. This was a mistake I made too. It took me so long to start and it was really annoying because at some point it will just get frustrating.
Do don´t plan too much and learn it while you are doing it.
I give myself 10 days
Haha I know exactly when I started I said to myself: “I will make my first dollar within one month and in 6 months I will be able to quit my fulltime job.” In the end I really made my first dollar within one month but that was really not much time I gave me there.
Don´t be too strict that can end up in quitting if it does not work as you planed it.
You have no goals at all
Above I explained to you that you should not be to strict with your goals. However it is really bad if you have no goals at all but if you set goals you should be realistic. You should always keep in mind that you are a beginner in your business (If you really are a beginner).
I will quit my full time job right now!
Ah please don´t do that. You should always see your online business as sideline. If you stick with it and you are dedicated you will definitely be able to quit your full time job but first you should keep it. Remember you still have to pay your bills and you won´t be rich overnight with affiliate marketing or something like that.
You only want to sell
You will definitely not be successfull if you are greedy. Always keep in mind that you not online want to sell your service or your product. If you do affiliate marketing you should not focus on selling you should focus on helping other people and you should be honest.
I give up
The worst mistakes of all. Most people do not really fail they just give up too quickly. You should see every mistake, every fail as a test. Life tests you no matter what you do. You will pass the test if you continue working on your dreams. So go on no matter what!
It is no shame if you made these mistakes. As I said I made a lot of them myself. It is just normal to make some mistakes and it will happen over and over again. Learn from your mistakes and everything will be alright.
If you do not know how to start your online business or if you afraid to start because you want to do it right from the start you should try the free membership at Wealthy Affiliate. They have a step-by-step guide on how to create an online business with affiliate marketing. The whole step-by-step course is for free and it is really easy to follow. You can check out my review of Wealthy Affiliate here.
All the best,