Wednesday, June 4, 2008
The Experience of an Entrepreneur
I found some great articles from famous entrepreneurial minded people! Teaching The Millionare Mindset.
So you Want to be an Internet Entrepreneur
Author: Clarence Chan
by Clarence Chan
DOING BUSINESS ONLINE COMPARED TO OFFLINE
What makes a successful internet entrepreneur? In some ways being an internet entrepreneur is no different from being an entrepreneur in any other field. The qualities of perseverance, business acumen, creativity, initiative, optimism, diligence, cooperativeness, work excellence etc are universally required for any entrepreneur. These qualities determine the success or failure of any business whether online or offline.
However in my personal experience, I have found that there is a distinct set of qualities the internet entrepreneur needs that the offline entrepreneur does not require. Doing business over the internet is quite different from doing business face-to-face. I have had first hand experience doing business both ways. In any offline business whether retail or wholesale, providing services or products, locally or internationally, business is often transacted and concluded because of personal contacts. Customer relationships are developed mostly through personal meetings or over the phone. This requires great skill in communication and negotiation on the part of the entrepreneur.
But for the internet entrepreneur, communication and negotiation is largely impersonal. Even with the advent of Web 2.0 technology, an internet entrepreneur can still remain anonymous by engaging ghostwriters and professional voice over experts or actors to do his communication and negotiation for him. Have you heard of the Rich Jerk? Very few people know his identity but he has made millions as an internet entrepreneur. Such a thing would hardly be possible in offline business.
THE KEY TO SUCCESSFUL INTERNET ENTREPRENEURSHIP
So what are the unique qualities needed by the internet entrepreneur which are not as crucial for the offline entrepreneur? Technical ability (able to create websites, knowing basic HTML etc), copywriting skills, marketing knowledge, list-building skills, ability to drive traffic to websites are just some of the abilities needed to succeed online. Some are more necessary than others.
Aside from these common skills which everyone knows, I would like to share four other skills which are more subtle, less-emphasized abilities essential to being a successful internet entrepreneur.
1. The ability to cope with loneliness
The internet entrepreneur spends many lonely hours for months, even years on end in front of his computer screen. This is especially so when you are just starting out. Many successful internet gurus today can tell you how they worked through the nights reading, trying to understand technical stuff, testing campaigns, writing articles or copy, scouring the Net, all the while drinking coffee to stay awake. The only communication they make is with faceless human beings through electronical means such as email or blogging. Been there, done that!
Even though such hard work is not unknown in offline businesses, but at least those who work offline often have colleagues or business associates to work with through the long hours of toil. Not the internet entrepreneur. His wife doesn’t know what a squeeze page is, his friends think he’s chasing an empty dream and his enemies sneer at his seemingly fruitless efforts.
Don’t believe the hype that says you can earn millions working only a few hours a day. That becomes true only after your internet business has become successful, not before. Beginners and intermediate internet entrepreneurs must be prepared to work many long lonely hours.
2. The attitude of always over-delivering
People look for information on the Internet. The internet entrepreneur provides that information. The better you do that, the more successful you become. In the offline business world, this is called quality control. It is obviously important to deliver quality products to your customers whether online or offline.
But there is one big difference between online and offline businesses in the area of delivering quality. This is especially so when you are marketing intangible products such as info-products. In the online business world, you only have one chance to make a good impression. Your website visitor may never visit you again and you may have lost one customer. In the offline business world, you probably would be able to get more than one chance to sell your product because a potential customer can cross your path again quite easily.
That is why it is crucial for the internet entrepreneur to over-deliver each and every time. When it comes to information, over-delivering means presenting very good content. If you have a flair for writing, always try to create your own content. All my articles, copy and other content have been original up to today and I intend to keep it that way so that I can over-deliver.
3. The ability to remain focused on your primary goal
The Internet is a plethora of information of all sorts. When you are starting out as an internet entrepreneur, there’s so much to learn. I have discovered that it is vitally important to focus on what you want to achieve without getting sidetracked by endless information. This may be overstating the obvious but reading a lot does not profit your business! Good information is always useful but there’s so much out there that you can easily become swamped and in the process your internet business does not make money as quickly as it could.
As an internet entrepreneur, the bottom line is to make money. However there are many ways to do so. Do you create your own product or become an affiliate or start a blog or monetize a membership site or make money through eBay or what? The possibilities are endless. And if you get distracted in learning about all these business models without actually implementing one of them, then you end up with lots of information but no money! Have you ever bought ebooks that you have not even finished reading, let alone put into practice what they teach? I know I have! That is why it is imperative that you focus on one business model and implement it well to make money as quickly as possible.
This brings me to my final quality.
4. The attitude of being an expert in your chosen field or niche
An expert is one who knows a lot about very little. That’s just a play of words to define an expert as one who is very knowledgeable about only one thing. If you focus on one business model at a time and one chosen field or niche at a time, you will make money in the quickest possible time.
Read all you can, work as hard as you can and do whatever you can to build your internet business but in one niche at a time. This is the only way to become an expert in it. Once you are recognized as an expert, people will trust you and do business with you.
Only after you have mastered one niche should you move on to another niche. But make it a related niche as far as possible. Are you good at training dogs? Be an expert at that. Market yourself and your products expertly. Once you become known as an expert, move on to another related niche, for example dog food. Your existing customers who already recognize and trust you as an expert will obviously accept your recommendations on what kind of dog food to buy.
CONCLUSION
In many ways the Internet has leveled the playing field in business. It allows anyone to become a successful entrepreneur because business on the Internet can be conducted largely at home. Developing the above qualities will go a long way in helping you become successful in your internet business.
Clarence Chan is an Internet Marketer and Entrepreneur. He is trained as a public speaker and counselor and has written on various topics including marketing, self-improvement, family and religion. He teaches many people how to have a successful online business. To get all the tools you need for your own successful Internet business, visit : http://www.internet-money-tips.com
Article Source: http://www.articlesbase.com/entrepreneurship-articles/so-you-want-to-be-an-internet-entrepreneur-174332.html
About the Author:
Clarence is a trained public speaker, counselor and author. He specializes in self-improvement, internet marketing, family, religion and philosophy. He teaches people how to have a successful internet business. He and his wife have five children
Black Women Entrepreneurs : the 7 Traits to an Exceptional & Successful Business
Author: Robert L Moment
How often have you either referred to or considered the expression, “Success is a journey and not a Destination?” Probably many times, yet often being in a hurry to get there, we forget that success is not an end unto itself, but is instead an ongoing process.
Though some people seem to have the Midas touch and easily turn everything to gold, most of us have to give our endeavors lots of time, effort and the sweat of our brow before seeing things come to fruition. The simple truth is that the majority of us are simply not born leaders, but become leaders by who we are and the actions we take. Consequently, whether or not you’re an established entrepreneur or just starting out on your journey, there are particular traits you’ll usually find operating within the exceptional women entrepreneur. In fact there are 7 particular traits you’ll generally discover deeply embedded within the exceptional and successful businesswoman.
If you’ve already taken the plunge as an entrepreneur, you know that it takes a great deal of planning, development and strategic marketing to succeed. At any given time, there are changes to be considered and new directions to examine. In which case, whether you’re the CEO, CFO, Chief Marketer or Chief Solutions Officer of your company, your journey to success is probably full of trials and tribulations.
To support you in your journey to success, be willing to open your mind and sense of reasoning as you consider whether these traits are part of your driving force. If they are not yet ingrained within you, I recommend that you give them some thought.
THE 7 TRAITS TO SUCCESS
1) Successful Entrepreneurs Gain the Respect of their Peers
One of the first and most obvious characteristics you’ll see operating in an exceptional entrepreneur is an equitable and unbiased disposition . Plain and simple the successful entrepreneur recognizes that no one is above or below. With an attitude of respect for others, the successful entrepreneur gains the respect from everyone they encounter. Strategies, attitudes and methods filter down to each person and reflect on all actions and activities. A successful entrepreneur gives everyone the space to be great. No matter how effective or beneficial your expertise, becoming a successful entrepreneur requires building up of your character muscles, traits and habits, which correspondingly make your dreams a reality.
2) Successful Entrepreneurs Believe and Trust in Themselves
The savvy entrepreneur is good at trusting her own ideas and instincts. Starting out as an entrepreneur requires persistence, determination and a high level of self-discipline. Continuing as a successful entrepreneur requires even more persistence, determination and self-discipline. The wise and successful entrepreneur knows this and works hard at developing their level of confidence. If you have a strong code of ethics and believe in yourself, then your ideas can work. Having the desire and passion are the first steps on your journey; getting there requires believing in yourself.
3) Successful Entrepreneurs Follow a Plan
The successful entrepreneur follows a plan. Haphazard or trial and error have no place for the triumphant entrepreneur, for no one gets to her destination without a map or a guide to follow. That doesn’t mean you won’t go off course if another road seems better, but it’s still more effective to have a plan in place. Most successful entrepreneurs start out by writing a basic business plan that acts as the impetus and guide for their endeavors. It doesn’t have to be fancy or lengthy but it should include marketing strategies, goals, intentions, ideas and why you can do better than your competition. A business plan should be reviewed and updated periodically for each new idea stirs and inspires other ideas.
4) Successful Entrepreneurs Think Creatively
Successful entrepreneurs are not afraid of thinking creatively. Whether a business idea has already been tried makes no difference to the exceptional entrepreneur. She sees better ways of doing things and knows that every idea can be expanded upon, made better, enhanced or broadened . The successful entrepreneur is willing to think outside or the proverbial box, which means using imagination, trying new things and expanding on a vision. The savvy entrepreneur pays careful attention as to whether a particular strategy is working. If after giving it her best shot the entrepreneur realizes the particular strategy isn’t working, they know there’s no point in continuing to invest energy, time and effort in the strategy. They move on to another approach and idea.
5)Successful Entrepreneurs Explore Their Exceptional Skills
Successful entrepreneurs realize that we each have our strengths and weaknesses as well as a multitude of skills and talents. Successful people ask themselves often what skills they have that no one shares in quite the same way. An exceptional and successful entrepreneur explores their particular skills until they find the ones that match most closely with their ideal. They don’t try to be and do everything. If the successful entrepreneur needs help, they’re willing to find someone who can do it better, and allows in the support. The successful entrepreneur stays open to change for they recognize that as they move forward, doors open in unexpected places that carry them to their next level of success.
6) Successful Entrepreneurs Envision Their Success
The successful entrepreneur gives time to envisioning how they want their business to look and how they want it to be. Intention is a powerful and dynamic tool. For those who are not inclined towards intention and visualization, talk to a successful athlete and you’ll discover that before each sporting event, the successful athlete envisions exactly how he or she wants things to turn out. Imagine what it will feel like when you’ve reached a particular set of goals. Get in touch with the feelings, you’d have as a successful entrepreneur. Practice and conceive of the sense of empowerment and the joy of having succeeded. The successful entrepreneur knows they have the power to live life the way they want, but to make it a reality, they know it has to be seen first.
7) Successful Entrepreneurs Never Give Up
Giving up is never in the vocabulary of the successful woman entrepreneur. Of course there may be days when a successful entrepreneur feels discouraged or disappointed, but giving up is not an option. Having faith, trust, confidence and determination are the qualities needed for the successful entrepreneur. To keep their focus on track, they seek out the support of those that know them, encourage them and bring out their natural enthusiasm. The smart and successful entrepreneur realizes that there will be good days and not so good days.
Being a successful woman entrepreneur requires accepting the ebbs and flows of business for it is in fact what separates the exceptional and successful entrepreneur from the one who gives up far too soon.
Article Source: http://www.articlesbase.com/entrepreneurship-articles/black-women-entrepreneurs-the-7-traits-to-an-exceptional-successful-business-278394.html
About the Author:
Robert Moment is an innovative small business coach and author of Invisible Profits: The Power of Exceptional Customer Service. Robert specializes in teaching small business owners actionable how to marketing ideas and strategies that generate profitable results. Visit http://www.smallbusinessmarketingideasstrategies.com and sign-up for the FREE Small Business Marketing Plan 5 day e-course.
How to Manage and Recruit Proactive Affiliate Marketing Entrepreneurs to Boost your Sales & Profits for You!
Author: zmilliondollars
The Affiliate Marketing Management is not an easy task. You have to take the best care for your super internet affiliate marketing entrepreneurs. Those super internet affiliate marketing entrepreneurs can earn big money for you. All you have to do are: to take care of super internet affiliate marketing entrepreneurs and to recruit more proactive affiliate marketing entrepreneurs.
You’ll discover great tips on internet marketing for managing and recruiting affiliate marketing entrepreneurs here.
Once affiliate marketing entrepreneurs begin to sign up, even if you are automatically approving them, it’s in your best interest to audit your network on a regular basis.
You'll have hundreds of affiliates sign up for your program. They might be hobbyists, spammers, webmasters and even marketers. It's very important that you review each one on a regular basis to ensure the way they are promoting you is acceptable to your company and above all - it’s legal.
Below, you'll find great tips on internet marketing when you are screening affiliate marketing entrepreneurs:
1. All affiliate marketing entrepreneurs must have an active web site. If not, they may be spammers.
2. The affiliate website content must relate to your products or services.
3. The website should have appropriate levels of content.
4. Misuse of content. Be very clear with your affiliates and what content they can use from your website.
Affiliate fraud has been proven that it is a critical issue on the internet right now. Fraud with affiliates has been increasing over the last several years, which is another great reason to screen your affiliates on a regular basis. With fraud, there are two main types:
Malware - Some affiliate marketing entrepreneurs out there have developed software that is installed on a machine, normally as part of a free download. When someone clicks on the affiliate link, the true affiliate ID is replaced with the fraud.
Fake purchase - If you have a product of high value that returns large commissions for affiliate marketing entrepreneurs, you may notice some bad parties signing up, and then using stolen or fake credit card information to purchase products via their links.
However, your job is to take care of your affiliate marketing entrepreneurs. One of the most effective ways is to communicate with affiliate marketing entrepreneurs. Good affiliates are normally busy, as they can easily forget about your services and products. As time goes by, your offers can wind up less in less visited areas or accidentally deleted.
It's extremely important to stay in contact with your affiliate marketing entrepreneurs, even more so with the high performers. Do not wait for them to contact you, as if you do, it normally means they are reporting a problem. By taking the time to contact them, you are showing that you are interested in the partnership.
You don't need a new product as an excuse to contact your power affiliate marketing entrepreneurs. Perhaps, it's just a quick note to ask if they need anything. You can also use the opportunity for feedback on your program as well.
Managing a successful online affiliate marketing program is not an easy task you can fully automate, as you'll have to get involved. Happy affiliate marketing entrepreneurs are more productive, and the more money they make – the more money your company makes as well.
Conclusion, if you have your home based business, it is an extremely powerful strategy to setup your own affiliate program. You can boost your sales & profits by hiring proactive affiliate marketing entrepreneurs. Those affiliate marketing entrepreneurs are willing to promote your products or services. However, affiliate marketing management is not an easy task. You have to take the best care of your top affiliate marketing entrepreneurs who earn big money online for you!
Join now to get up-to-date affiliate information, top profitable recommended online affiliate marketing programs, do effective research, improve continuously your home based affiliate business, learn how to make big money online from home over $1,000 a day and participant with other successful affiliate marketing entrepreneurs. You’ll discover great tips on internet affiliate marketing for your highly successful. Also, you’ll save your time & money for your trial & error.
Download free affiliate marketing guide ebook at: http://www.zMillionDollars.com/free-report . You’ll learn how to build highly profitable home based affiliate business. Also, you’ll discover top inside secrets of how to make money from home business through your home based affiliate business!
Read more articles about the best internet marketing strategies for your home based affiliate marketing business online and how to earn extra money at:
http://www.zMillionDollars.com/blog
*Reprint Policy: Reprint in full with writer's name, contact information, active links and brief bio.
Article Source: http://www.articlesbase.com/online-business-articles/how-to-manage-and-recruit-proactive-affiliate-marketing-entrepreneurs-to-boost-your-sales-profits-for-you-132285.html
About the Author:
Siripong R. or zMillionDollars is a recognized authority on the subject of making money online from home through highly profitable & successful home based business. His websites, www.zMakeMoney.com and www.zMillionDollars.com , provide a wealth of informative articles and resources on everything you'll ever need to know about earning money online.
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