Registrato: 31/07/19 11:39
|What Makes A Great Internet Business Start Up Idea Home Business Articles | August 27 , 2012
For those that want to work online there are many great business ideas available.? Here we take a look at the things that make an Internet business start up idea worth pursuing?
There are many great business ideas available to those who want to work online. However, not every idea is going to work well. Most successful Internet businesses have a few things in common that make them worth your time and effort. What are the things that make an Internet business start up idea worth pursuing?
It Doesn't Cost A Lot To Start
You should be able to start your business for just a few dollars. All you really need is money for an Internet domain and some money for advertising. The domain will be used for your blog and other content that you use to sell your product or service. The advertising money will mostly be used for ads that you will place on different websites. You may also need some money to incorporate your business. Altogether, you should be spending no more than $300-$500.
It Is Easy To Market Without Spending A Lot Of Money
The business should be easy enough to market through social media and other conventional means. Ease of marketing is important for a new business because you want to be able to connect to as many people as possible without spending a lot of money. Marketing through social media and email will allow you to get your message out without spending any money at all. If you have to advertise on TV , radio or on billboards, you are going to have to spend money that you currently don't have. The whole point of starting an Internet company is to skip the process of obtaining venture capital.
How Easy Is It To Replicate Your Business Model
Could you license your business model to other people? Would other people want to buy a product that shows them how to make a large profit like you did? If so, you have another lucrative revenue stream for your company. You may also want to franchise your company as well. Make sure that you have a business model that other people would be able to copy and run with. Most Internet companies are eventually sold to larger corporations. Creating an easy and profitable business model allows you to sell your company when you are done with it.
It isn't easy to create a successful Internet start-up. What you need is an idea that doesn't cost much to start , is easy to market and is easy to replicate. This allows you to cut costs while increasing the possibility for profits for many years to come.
Article Tags: Internet Business Start, Internet Business, Business Start , Without Spending, Business Model, Other People
"A feeling of contentment or self-satisfaction , especially when coupled with an unawareness of danger, trouble, or controversy"
Often our business clients utter the immortal words "Things were going so well - I didn't see the danger until it was too late!"? While having a feeling of satisfaction in a job well done is a positive outcome , that same feeling can be the ruin of a good business when overshadowed by short sightedness, arrogance and over confidence.
The one critical characteristic that separates okay businesses from great businesses is their desire (at all costs) to avoid complacency creeping in to their operations.
Complacency comes in many disguises:
聲Thinking you are so far ahead of your competitors you can "take it easy" for awhile.
聲ConsidTonyg you know what your clients need better than they do.
聲Ignoring the importance of clients (and staff) who refer new business.
聲Believing you have enough experience, knowledge andor skills.
聲Disregarding high staffclient turnover and considTonyg it someone else's problem.
聲Assuming that "good enough" is going to be satisfactory to your clients
These are some of the signs of a business that is complacent about its success. Complacency can strike at any area in your business: your efficiency and productivity; the effectiveness of your procedures and systems; the quality of service you offer your clients. Some of the most common areas of complacency we see are in the leadership , knowledge and skills in a business.
While complacency is defined as a "feeling", unlike being happy or angry, the damage to your business can be profound. Let's consider the impact of a complacent leader and complacent business:
聲"I know enoughI have sufficient skills to run this business" - people , businesses and markets change every day. If you are satisfied that you know enough, or have enough experience to effectively lead your business towards your vision, reconsider. Leaders who seek to continually build their knowledge and skills are far more effective in keeping abreast of important changes and making course corrections so benefit of their business. The day you stop learning is the day you stop leading
聲"We are far too good for our competitors" - that may be true today but what about tomorrow? If your business is complacent , it fails to understand that there is always going to be another business in the market seeking to overtake it and attract your clients
聲"Our service is good enough" - service can always be better. A Business that cast's off complacency and adopts continuous improvement are those that have recognised how dangerous being satisfied with the "ways things are" can be
聲"Sure we have high staff turnover but that's just because staff can't hack the pace" - if you are complacent about staff turnover, you are failing to recognise that things are not all rosy in your business. Thinking it's your staff's problem is a certain recipe for ev.