The article "Serious Considerations Before Starting A Business" is about home based business, it was released by David Silva.
Althoguh it may not seem like it, the Internet is still in
its infancy.It's undergone incredible change in the two decades since
its inception.
Starting as nothing more than the nugget of
an idea, it's grown into a revolutionary form of
communication, information sharing, and commerce.
Even
today it continues to evolve, often in new and unforeseen
directions.One of these unforeseen directions has been the dramatic
growth of Internet Business.What is it that's fueled this dramatic growth? And at the
same time, while we're asking important questions, what's
kept it from growing even faster?The Internet provides consmuers with a shopping experience
similar to that of going to the local mall, only without the
crowds and traffic.Customers have instant access to a huge inventory of
products. They can buy a top-of-the-line golf club in one
corner of the Internet, and five minutes later, they can buy
a coffee gift basket in a second corner. Whatever they want,
they can probably find it on the Internet.In addition, customers appreciate the ease with wihch they can
make a purchase, and how quickly a transaction takes place.
Order a book at Amazon.Com and the entire process can be
done in less time than it would take you to get ready to
drive to the nearest bookstore.On the downside, there's still a large segment of the
population that's uncomfortable enough with technology that
they've excluded themselves from the customer pool. And
unlike shoppnig at the local mall, Internet transactions are
done on a computer screen without any face-to-face
interaction. Consumers have to trust someone they've never
met.They also have to overcome their fears of identity thfet and
concerns about credit card security.Finally, for hard products (as opposed to information
products that can be instantly downloaded), they have to pay
shipping costs and forego the instant gratification that
comes from a purchase made locally.That's what it looks like from the consumer's perspective.What does it look like from the businessman's? Well, the businessman can reach customers around the world
instead of being confined to a small geographical area.
There's no physical storefront to maintain. Initially,
there's no need for employees (though as the business
expands, employees can always be added).You can get started part time for relatively little
investment and let the business grow as your income grows.You don't have to deal face-to-face with angry customers.
You can automate a great deal of your business system,
replicating it whenever you take on new products or move
into a new niche.You can outsource much of the work required by your
business.You can start today, without a website if you wish, even
without your own product if you wish.On the downside, there's information overload. It's simple to
become overwhemled with all the business solutions out
there. It can be easier to lose track of what you need to
do today, this moment, to be successful.There's no face-to-face contact with customers (if you enjoy
social interaction, Internet Marketing might not be for
you).It's still a business ... which maens long hours, hard work,
marketing, testing, retesting, etc. There is no secret
formula that will make you an Internet millionaire tomorrow.As with any endeavor, starting an Internet business has its
plusses and minuses.If you're thinking about going into business, whether
or not it's on the Internet, you need to take the time to
seriously look at your skills and personality traits.So here are some questions to ask yourself ...== Are you a self-starter?== Are you self-disciplined? == Are you willing to put in longer hours than you ever put
in while working for someone else?== Do you know how to find your niche in the marketplace and
how to identify your customers? == Are you psychologically equipped to take risk? == How long can you go without making a profit? Can you
obtain or do you have enough money to get the business
started, do the necessary initial marketing, and keep your
head above water until the profits begin to arrive? == Do you have the expertise or can you quickly learn the
expertise you'll need in your niche? == Can you organize, manage and supervise?== Do you have vision? Can you think ahead, anticipate, and
plan for the future?Don't just brush over these questions. Give them serious
consideration. Your future depends on the effort you put
into laying the proper foundation, and the first step is to
understand your own strentghs and weaknesses.
Answer these
questions honestly.David Silva
http://businessstartertools.ComDon't even think about going into business, on or off the
Internet, before you read Mark Joyner's Confidential Internet Intelligence Manuscript, Volume II
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