Why Do So Many Internet Businesses Fail?

Every day millions of people wake up to an alarm clock, drag themselves from their warm beds, and head off to work. And every one of them knows or has heard of somebody who has quit their job and is now making a very good living by working on their Internet business from the comfort of their own homes. Working from home sounds like heaven to these job holders. Thinking the grass is greener on the other side, some of these people will quit their jobs and jump head-first into Internet marketing.

BUT, Internet marketing is much harder than it looks. And unfortunately, many products launch every day that give the impression that it is easy to make thousands of dollars in just a few short weeks.

However, studies have shown that 90% of all Internet businesses will fail within the first 120 days and another 5% will eventually fail. This is because these Internet marketer wannabes have no preparation, no knowledge of what they are doing, no education, and therefore, no hope of success. They think all they need to do is build a website, throw up a product to sell and the money will start rolling in. Failure is their only option and they don’t even suspect it.

People start an Internet business thinking they will no longer have to get up and go to work. They think they can work only when they want to and still make a good living. They simply do not expect to have to work hard or work long hours. They have no idea how to drive traffic to their site(s) or how to convert these visitors into paying customers. And, when they realize it is not as easy as they thought and do not make any money within the first couple of months, they quit.

Most people wouldn’t even think of starting a brick and mortar business because they know nothing about running a business. But these same people think they can build a successful Internet business even though they have no business background at all.

Of course, success is possible. 5% of Internet businesses do succeed. However, success doesn’t just happen. Those who start successful Internet businesses have the right ideas about what Internet marketing is and how it works. They do not expect to get rich quick or be able to make a million dollars overnight and retire to a tropical isle for the rest of their life.

If you want to succeed, remember that quitters never win and winners never quit!

You’ll find more information on why on-line business fail at
http://donna-suggests.com/IMFailure

Zipping A File Using 7-Zip
Zipping a file using 7-Zip helps speed up the download time for large files. The program 7-Zip is free. A complete Cheatsheet for installing and using 7-Zip is available.

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Create a Sizzling Slide Show
You have a group of photos and images that can be used to educate your customers about your company, products, and services and they can help address your customers’ problems. A slide show is one great way to put those photos together and grab your customers’ attention.

http://www.mugshotmarketing.com/marketing-tips/create-a-sizzling-slide-show

Can Photos Change Lives?
You and your camera can enhance your company’s marketing efforts in many ways. Wouldn’t it be great if you could also use your camera to give back to those who are less fortunate? You can! Learn to help your marketing efforts while helping your local community.

http://www.mugshotmarketing.com/photo-tips/can-photos-change-lives

2 Responses to Why Do So Many Internet Businesses Fail?

  1. CarolSmith says:

    I have nominated you to participate in the 7 Day Challenge. This means that you should respond to this challenge by listing: My most beautiful post, My most popular post, My most controversial post, My most helpful post, The post that surprised me the most. The post that lacked the attention it deserved, The post I’m most proud of. And nominate 5 more people to do the challenge by placing their link on your post.

    You supply such good information. I hope you will join in the fun of the challenge.

    Carol

  2. admin says:

    Thank you Carol!

    I will be sure to check it out. 🙂

    Donna