Become More Productive and Build Your Dream Business
Lack of Capital
Online business greatest tragedy consist of men and women who earnestly try, and….What?….fail.The tragedy lies in the overwhelming large majority of people who fail as compared to the few who succeed.
I have had an opportunity to analyze hundreds of men and women from my list recently. Generally, the highest percentage.
Here are some of the major causes of online business failure:
1. Not Planning.
Someone once told me that Failing to plan is planning to fail.This is exactly what 95% of people do.They perhaps think that planning is a wast of time and they would rather do something to boost their businesses.
You need to know that there is no hope for those people who do not have a central purpose at which to aim. Lack of a clear plan perhaps would be your major cause of failure in your online business today. Planning is not a definite guarantee to success but not planing is a clear indication that you are going to fail.
2. Wrong Reasons
Starting your online business with a reason to get reach overnight is a wrong start and is a proof that you are going to fail. There are a lot of get rich quick scheme out there and they are yearning for your hard-earned money…you who is desperately struggling to get rich quick.
All I know is that nothing comes easy in life. we all have to work hard to meet our goals.have a good reason to start you business hopping that they will be well laid down in your plan…
3. Lack of self-discipline
Self-discipline and self-control go hand in hand.This meas that you must control all negative qualities in you.You must control yourself first before can control conditions around you.
Your online business needs discipline of the highest order…if you are blogging, you need to make sure you keep posting fresh contents at a specified time interval.Fail to do this and you are going to lose your audience…isn’t that discipline…?
I believe you have once heard of the old adage, “Procrastination is the thief of time”. It waits at the door waiting the opportunity to spoil your chances of success.Procrastination is one of the most common causes of failure.Most of the time, we are waiting for “time to be right” to start doing something worthwhile and that’s why we go through life as failures. From today, do not wait cause time will never be right. If it is starting your online business, start now. If you are to write new content for you blog post, do it now. Start from where you stand, work with whatever tool you may have at your disposal and better tolls will be found along the way…stop talk talking about tomorrow….just NOW!
5. Lack of persistence and perseverance
Most of us are good ‘starters’ but poor ‘finishers’ of everything we begin.Moreover, most people are prone to giving up at the very first sign of defeat.There is no substitute for the two.
The key to the success of building a profiting online business is employing the two qualities.
No matter the task, perseverance is the ability to keep going in spite of obstacles and challenges. Perseverance is the realization that challenges along the way are only minor detours on the march to success.
6. Lack of concentration of effort
‘jack-of-all-trades’ is seldom good at any. Concentrate all your efforts on one definite chief aim. If you are an affiliate marketer, don’t get yourself promoting every product you come across. Concentrate all your efforts on one product until you see results. This will give you time to search on contents among other things. Finally, there will be effective marketing which will translate to more profit