business.

Making Money With an Online Business

Making Money With an Online Business How do you make money with an online business? Every day there are 175,000 searches for work from home jobs or online businesses, so we can assume that this question is on people's minds a great deal right now. Indeed, many people get started with online business opportunities and fail simply because they don't understand a simple, basic truth:

An online business isn't much different than any other kind of business. If you don't know much about running a business, then you're going to either have to learn very quickly, or you're going to fail. Many business owners who never move beyond the brick and mortar fail for exactly the same reasons. They know how to paint, for example, but they don't know how to run a painting business.

Every business has a few key functions that keep it going, especially in the relationship economy. You have to provide value. You have to create relationships. You have to, at some point, close deals. You have to provide service by answering questions and ironing out problems. You have to make more money than you spend. You have to focus your efforts at your target market and avoid wasting your time with people who are never going to take you up on deals. If you fail to do any of those things you're just spinning your wheels.

In all of these functions, it helps to have a mentor and a team who can support you. Most business owners start out making mistakes during the learning process. A mentor can help minimize those mistakes before they swallow you and your business. Pyxism Unlimited's primary principle is that success does not happen independent of teamwork, which means you'll be able to pick up the skills you need to run a successful business without having to re-invent the wheel. That means succeeding faster, and ultimately, maximizes your chances for success.

So when you decide to work in the online business arena make sure you do it with the support of a good mentor, and think and run it like a proper business.

Author:.

International Finance Lawyer & Investment Banker turned full time Internet Marketing & Social Media Specialist & Coach and Business Mentor. Simon has an LLB (Honours), an MBA in Finance and New Venture Business and is a wealth of knowledge to any person looking to get established in their own business. Email him at SWConsultingLTD@gmail.com or visit his blog at http://SimonWetherell.com Simon also promotes a system that helps Internet Marketers achieve success no matter what their ex...

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