5 Tips for Running an Online Business

Learn new skills

While this is just generally good advice in life, it’s especially true when going online. Learn to use the content management system running your site, learn the details of your email system, every bit you learn will allow you to get the most bang for your buck out of all of the services you’re using. While I’m not suggesting you do all your graphic and web design yourself, knowing the basics will give you a clearer idea of what can be done, and allow you to work with the expert you bring in more closely and create an end product closer to your wishes.

Dedicate your time, a lot of your time

It would be nice if you could just set up your business and leave it to go, but if it was that easy everyone would be doing it, and there would be no market share left for you.  And while we’re not suggesting that you say goodbye to your kids until they graduate, tt requires time and effort to be successful.

Be organised

This cannot be underestimated, when setting up on your own, everything you take for granted when working for someone else is now your responsibility, making sure bills are paid, the correct documentation is filled out, the client meetings attended, everything. So scheduling your time is vital, find a system that works for you, laying out what you’ve got to do, day by day, hour by hour if necessary, and get tasks onto your system as they come up, even if they’re not due for 6 months, because sure as fate those six months are going to whiz by.

Spend wisely

You’re going to have to spend money, that’s just the way of life, there’s no way you can found your company and set up its operation for free. However, you should be careful with your money, especially if you’re going to be stuck with the results for some time, make sure your hosting company is good by checking online reviews, do the same for any equipment you need, remember the old saying “spend in haste repent at leisure”, every time you curse that service, that piece of faulty equipment you bought without researching it fully first, by spending a little time, you could have saved money, time and effort later.

Be focused and optimistic

You are not going to be an overnight success, if you look at those that appear to have just struck it rich, you’ll find a whole load of work was done first, or several failures marked the road to that success. But remember, failure is only the end of the road if you let it be. Learn from your mistakes, and you’ll be better next time you encounter a similar problem, and if you keep plugging away at it, these problems will just be speed bumps on your road to success.

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