Becoming An Internet Entrepreneur; Your Dream, My Reality.
A lot of people think that you need some significant capital investment in order to start something great. This could not be further from the truth. Richard Branson & Robert Herjavec are two prime examples of entrepreneurs who started with nothing and become giant successes. Check out http://www.youngentrepreneur.com/self-made-magazine/ for Richard’s story and http://www.ukpreneur.co.uk/1636/robert-herjavec-rags-to-riches/ for Robert’s.
Two things that I have learned from them and other successful entrepreneurs is that determination and consistency is key. You can have a great idea, but if you do not jump in with both feet you will be set up for disappointment. If you are starting a blog site, work at it daily, network, write posts, get other people to write posts, focus on providing quality content & keep doing these things even if you do not see significant results right away. Stay consistent! I have made mistakes in the past where I tried an idea and only worked at it part time. I became frustrated that nothing was coming out of it so I gave up. I have learned my lesson and now I do not start something unless I give it 110%.
Find your niche and be determined to make something out of nothing. It is about your mindset and your drive. If you are not passionate about your niche, you will not be motivated to stay consistent and your dream of becoming an entrepreneur will slowly become just that, a dream.
There are so many resources out there to aid in your success. Use them. Join forums, visit your local chambers of commerce, read blogs and simply become active in the industry that you are in (or want to be in). It is amazing where some ideas can come from. By being active rather than passive you will open more doors and allow your idea to come to you, rather than the other way around.
For me, it was about figuring out what I loved to do and how I can do what I love everyday for a living. So, I love to sell. It may not be everyone’s passion, but I truly enjoy the hunt and the close. Marrying my love for selling and my passion for anything Internet related, it made sense for me to become a website broker. I learn about different online industries and speak with people from all over the world on a daily basis. It’s fun, it pays the bills, and it allows me to be my own boss (something everyone who wants be an entrepreneur dreams about). I always enjoy speaking with like-minded individuals, so feel free to call me if you would like to pick my brain.
Until next time…
This is a Guest Post by Michael Koral, a 26-year old Canadian entrepreneur with experience in a variety of industries, including copier sales, advertising and custom web design sales for MenuPalace.com, and web development, SEO, & Website brokerage at wesellyoursite.com.
I agree completely on the determination factor. With a $9 registration fee at namecheap.com, and cheap $10 hosting at Lunarpages, I was able to make a great computer networking blog that gets $200 each month now from Adsense.
I just wish I had the time to update it. I guess that’s what separates the true entrepreneurs from those who get caught up in other life matters
Determination is the key! Absolutely. The only difference between successful people and unsuccessful people is that successful people keep trying until something works! Nobody ever accomplished anything by giving up.The internet is full of FREE opportunities for promoting yourself. Thanks for the great article!
Excellent point made on this post: If you work at something half heatedly you will only reap half the goal, success or benefit.
I have been dividing my time between my 9-5 and blogging, but I clearly need to make a deeper commitment and sacrifice for my dream. This can only be done by being more consistent in my efforts.
Thanks for the nudge!
I agree that guest posting is a very strong marketing tool for blogs, but I also feel like it is a catch-22 — no one would want to write for a blog that has very little visitors and a low PageRank, but having guest posts will help you get more visitors and a better PageRank…
I totally agree with determination and consistency. Determination because not everything will happen quickly like earning a five-figure income and results do not actually show up in the early part of the game.So, it really pays to be determined. Consistency because you should have your own style and voice and be consistent about it because that is the way you can have a mark on people. They’ll know you better and your name and brand will stick better on other people’s minds if you are consistent.
This is a very nice lifestyle.. takes hard work, daily to get it up and running but once your up, and can relax a lil and enjoy the IM lifestyle
Great post! It takes lots of time and dedication before you will begin to see success…And I totally agree that you must be passionate about what you do because that’s the one way you’ll succeed is to do something you love.
You write “…you need some significant capital investment in order to start something great…” I couldn’t agree more! Google as well as other big net companies started out of a garage with few or no capital at all… so at least we can all keep hoping!
I need to keep reminding myself that I need to constantly take work at my online business whether I see results or not. Nothing will happen if I do not take action, consistant action.
Thanks, Heidi Passey
Finding your niche - the one you really enjoy - is so important. Doing what you love will make the work so much more pleasant. Patience, discipline, and flexibility are a close second. There are so many successful companies that were started with very little money and one big dream. This is a very encouraging post, by the way.
Nice point about consistency. It’s especially key to successful blogging. Keep at it.
You make a lot of good points in this post. If you have the drive and dedication, you can make great things happen even if you don’t have money to invest in your ideas. You just have to keep working hard and get help where you can. I’ve found that getting help from freelancers and business partners is one of the best ways to grow a home based business.
Very true on all counts. Just having a huge capital isn’t everything. Doing what you believe in and in what your passion lies is key. If you do that, success will follow. Making the best of what you have is far more productive than spending a lot of money.
Till then,
Jean
great post. the most important part to emphasize is to focus on your project. i tend to come up with 10 different ideas everyday and every single one of them gets wasted because i do not focus on one. you should pick your target and work on it until you succeed. thats the key.
You just have to keep working hard and get help where you can. I’ve found that getting help from freelancers and business partners is one of the best ways to grow a home based business.
Thank you to everyone who has commented on my article! I am happy to see that you all agree with me. Being an entrepreneur is challenging, but extremely rewarding at the same time if you follow the principles I discussed in the post. I hope to write here again soon. In the meantime, if you would like any more words of wisdom or simply would like to chat with a like-minded individual, feel free to drop me an email.
Very well written. The aim of being an internet entrepreneur is to work with love and to share the love and knowledge to others in what ever niche you like. Only when you give something to the community you will be rewarded appropriately in return.
Great and awesome tips has been provided by you,i think we need to be very punctual and immaculate about our work if we want to succeed it and therefore we have to decide our goal what to do then do the work with the dedication and commitment.
I am 17 years old and have an interest in the internet and its business potential which quite excites me. There is no way I could build a website myself or even run it, but I have ideas that I would like to do but have very little money. Do you think that I should become an internet entrepreneur? Please give a good answer to earn 5 star best answer.
YES absolutely that is the fact. But i think i can reach my dream and make it reality
Handmade Gifts,
Even if you do not have the skills to build your own website or even run it, you can still be an Internet Entrepreneur. Surround yourself with the right people and if they believe in you and your idea, you can spearhead the business.
Exactly Michael, I have pretty much left other people in charge of areas of my work that I am not best at. I figured my business would overall fare better in the long run by having them do those jobs than me doing it.
Till then,
Jean
I just wish I had the time to update it. I guess that’s what separates the true entrepreneurs from those who get caught up in other life matters
This is a very nice lifestyle.. takes hard work, daily to get it up and running but once your up, and can relax a lil and enjoy the IM lifestyle
This is very informative, though it requires a lot of hard work and patience.
This is a very encouraging post, thanks
once again an inspiring post - thanks!