Most online entrepreneurs start somewhere. Often they see a successful person or a business and try to replicate the model hoping for the best. This leads to a stereotypical, average business start-up, a total disaster. In fact, this is exactly what I did couple of years back and its exactly the reason why more than 90% of online start-up businesses fail or never even make it to the mainstream.
Because the initial motivation is always money-driven, you somehow fail to squeeze a complete business out of your observation. If you happen to be one of those handful of successful entrepreneurs, then you have converted your observation to an inspiration. Deeply rooted inspiration is the most important baby step you would have ever taken in your entrepreneurial endeavors.
Be “inspired,” but the right way…
When you first start, you find out that there are thousand and one ways to make money online. Just like a typical beginner you try every method, product and system until you strike gold, which seldom happens. You see the problem? Mainly because you haven’t yet converted any of your observation into an inspiration, you are yet to feel that strong rush of adrenaline and say : “Ok, this is exactly what I want to do, this is who I want to be in __ years time and this is how I’m gonna achieve it…”
Many of you don’t even realize that you have a strong inspiration or otherwise. On a general note we tend to derive inspiration from how successful a person is. But this is not what you want to do. Analyzing a successful business is ok but be inspired by the business model or the business itself; not revenues, profit or success. And then add your creativity on top, analyze required skills, improve on the concept and start a unique venture.
Perfect example is “blogging for money.” Let me get this straight. It takes a hell of lot of hard work and patience to develop a blog to a state where its just possible to monetize. On an ideal scenario, you want to be inspired by high quality content of a successful blogger and/or his writing style. That way you will be replicating the process of “producing quality content,” which is distinctively the core principal of developing an authority blog. However if you are one of those masses who realized half way through “Oh schit, I need content; $1 for 500 words, damn cheap!,” do yourself and Internet a favor; stop and rethink your steps. Look for ways to inspire yourself. Follow the big players in your niche.
Are you not inspired yet?
Now its time to do some self evaluation. Which category do you fit into? The vast majority of people who always want to get into the “next-big-business,” the average who possess some entrepreneurial flair but no vision, or the tiny percentage of onliners who are deeply inspired by a person or a business and thoroughly decisive on what they want to do and how they want to do it. If you fit into the latter, then put your advantages to good use…
Make a solid entry and get recognized!
You have only one chance, so why not make it count with a bang and make everyone notice your arrival. This is an advantage you have over other new players or competitors, only if you understand and implement your inspirational thoughts in an “organized” manner. Going back to the previous example, preparing some content of substance and perhaps creating a buzz using social media sites even before finalizing the look and feel of your blog, would gain you some recognition. Sometimes those tiny things you do in life go a long way.
If this post inspired you to organize your initial thought process in starting an online business, then it has achieved its purpose. Now the big question, do you think inspiration is the key phase in setting up a successful online business?