Although making money online seems to be very appealing and
quite enticing, there are traps that one must avoid otherwise you will be
another business failure statistic. More than 50% of business start-ups will
fail within its first 5 years. In other words, your chance of failure is
greater than your chance of success. If the failure rate is so high, what makes
one want to start an online business?
There are many reasons why. Maybe you are totally frustrated
with your daytime job and you feel trapped. You want to get out of the Rat
Race. Maybe you are tired of working for someone else and it is time for you to
be your own boss. Maybe you just lost your job and you have nowhere else to
turn. Whatever the reason, an option of starting an online business has crossed
your mind, otherwise you would not be reading this article. Let me make one
thing clear. Starting an online business requires work.
If anyone tells you otherwise don't believe them, run the
other way.
If you want to start an online business allow me to share
with you 3 common mistakes to avoid when starting an online business.