The #1 reason online businesses fail

Gardener Gardening
Image via Wikipedia

Most people who dream of quitting their day job and working from home have dreams of following their passion in their business.

I made the mistake of doing the “Follow your passion” thing when starting out online.

As I know now from experience, that’s the worst thing you can do.

I focused on niches that were of interest to me such as personal finance and gardening.

It’s best not to try to turn your hobbies into
businesses. Sure, there are people who have
succeeded in doing so, but as a general rule,
especially when first starting out, it’s best
not to do this.

There’s one very practical reason for this that has
nothing to do with money or traffic or SEO:

You run this risk of losing your passion and hobby
once you turn it into a business. You’ll have just
a business and no hobby and that’s no prescription
for a happy life.

And there’s one very practical thing you do need
to focus on in order to succeed instead of being
swept away by following your passion:

Market research.

You have to study and find out where there is
both demand and eager buyers.

This doesn’t mean you have to choose a niche
that you hate.

But it does mean you have to focus on buyers
more than your personal interests.

Chris Sempel goes into a lot more details about
this on his website and in his Confessions of
a Lazy Super Affiliate product.

Don’t you want to join all the other lazy super
affiliates and profit from easy traffic?

http://www.focator.com/ConfessionsLazyMarketer

Reblog this post [with Zemanta]
VN:F [1.9.3_1094]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.3_1094]
Rating: 0 (from 0 votes)

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

  • Share/Bookmark
Tags:,,,,,,,

Related posts

0 comments ↓

There are no comments yet...Kick things off by filling out the form below.

Leave a Comment

CommentLuv Enabled
Security Code: