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Sunday, June 14, 2009

Five Obstacles to Achieving Success in Online Business






A lot have been said and written about the obstacles to achieving all round success in Internet Business
but this article is to submit additional five obstacles to the ones that had already been proffered by other authors.

A. Get Rich Quickly Syndrome
The major obstacle is the mad rush to get rich quickly without recourse to patience. Whatever business you find yourself requires hard work, capital and patience. No matter the promises made by an Internet venture, one still need to come on board with capital and time you can invest. But most people believe that money is there already to be collected with ease.

This is wrong, online business is something that needs enough time and efforts to set in motion and once it starts nobody can stop it! Rome they say was not built in a day.

B. Inadequate Experience
Another obstacle is that most men and women do not have the requisite experience to successfully run a business. Experience they say is the best teacher. Your ability to use a computer/laptop and browse the internet do not necessarily make you an online marketing
guru.

Regardless of web experience you may have possessed before venturing into it, you still need to do a lot of research on the business and carry out extensive plan. Above all, you need to be mentored by an expert in to succeed in the business.

C. Inadequate Working Materials
No reasonable person goes to the farm without the needed working tools like cutlas, hoe, shovel etc to work when you get there. This is one of the obstacles to achieving success in internet business because a lot of people enter into the business without the necessary tools. A would be online business man or woman needs to equip himself or herself with a very good computer/laptop, internet connection and electricity supply.

In the case of developing countries like Nigeria where the supply of electricity is epileptic, you need a good electricity generating set as a back-up in case of power failure. So these working tools are very critical to achieving online business success.

D. Information Overload
The Internet is the cheapest source of information and because of this, people send different kind of information to your mail bordering on internet business. The volume of information sent is so much that you may become confused and frustrated even to the point of abandoning genuine ones that would have been of help to you.

The best way to get quality information that would be relevant to you is to search reputable and well tested forums relevant to your line of business instead of going through heaps of irrelevant information.

E. Prevalence of Fraudulent Internet People
The Internet is a breeding ground for Internet fraudsters of different sizes and shapes. These set of people have succeeded in duping a lot of people of their hard earned living thereby frustrating them out of internet business.

The best approach to solving this problem is to stop believing everything you are told in the internet. In fact, skepticism should be your watchword. Seek expert advise from mentors on internet issues and above all run away from people that promised to make you become multi-millionaire overnight. They are fraudulent people.

So, as stated on the opening paragraph, a lot had already been said and written about this topic and that this one is additional five obstacles to achieving success in internet business that have not been said or written before.

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1 comment:

shazia said...

Hi Shazi,
It's an excellent Blog very informative,I'm waiting for your new post.
Thanks. Martha