The Number 1 Requirement for Your Online Business
Thousands of people start their own home-based business every day. Unfortunately, 90% of them will fail within the first year. Why is it that so many business fail?
The number one reason why so many new businesses do poorly is a failure to market the business. There are currently over two billion websites online. The competition is fierce. You need to stand out above the crowd to be successful. Too many new entrepreneurs believe that if you build it, they will come. Nothing could be further from the truth. You can build the best mousetrap possible on a great website, but if no one sees it, you will wind up as just another poor mousetrap designer with a nice looking website.
In order to succeed online, you must generate traffic to your site. You must have people coming to your site, looking at your products, and buying what you sell. Without that, you have no business. Developing traffic and maintaining it is hard work (or expensive). If you write articles, place ads, use forums, or email to generate traffic, you’ve got to do it every day. That doesn’t mean once a week, it means every day. Most new entrepreneurs will begin by doing it every day, but then slack off when they fail to get rich over night.
This is the main reason why so many businesses fail in the first year. To be really successful, you have to work. Work at building traffic every day. If you work like nobody will, you will live like nobody can.
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Article Source: ArticlesBase.com - The Number 1 Requirement for Your Online Business