Showing posts with label Startups. Show all posts
Showing posts with label Startups. Show all posts

Thursday 5 October 2017

3 Common Mistakes to Avoid When Starting an Online Business



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.

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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.