Extreme Makeover – Starting an Online Business Edition
Posted by Michael FriedmanMay 19
“STARTING AN ONLINE BUSINESS OPPORTUNITY”
I opened my email this morning and much like any other day I had 57 new emails. What do you think was the common thread? How to make money online, how I made $19,344.52 in 72 hours with a $97.00 investment, the one unique secret to create unlimited wealth for $47.00, make $500.00/day filling out surveys, etc. etc. etc…
State of mind plays an important role when reviewing these types of messages. It is important to realize that these types of messages are impulse buying messages. They are designed to get you to think of the possibilities of earning a ridiculous income that will change your life forever with little time or financial commitment. The rule here is simple and very much like the rule for grocery shopping. Don’t go grocery shopping when you are hungry. Don’t start a business out of desperation or the excitement of amazing life changing possibilities with little financial or time commitment.
Starting a legitimate online business is a serious undertaking. It is an extreme makeover from a conventional business. However, the thought process can be no different than starting a brick and mortar business. You would never buy a brick and mortar business without performing a proper due diligence. Why would you not do the same for an online business?
An online business opportunity is similar to a franchise. When you buy a franchise the franchiser provides you with training, education, support and a proven duplicable system. The same should hold true of an online business. Your success will be the direct result of the quality of the education, training and support. You want to join an organization that is already successful and has hands on training. You never want to go it alone.
Look for a proven system, plan and template that you can emulate and copy the success of proven leaders in their industry. Discover a system that is built on leadership, communication and integrity, a system that provides its associates with the tools to virtually copy proven success tactics by means of ongoing training and personal support.
There is tremendous opportunity to make money from home today with a legitimate online business. The internet is the largest and fastest growing marketplace in the world with 1.5 million new visitors a day. However, do your homework before making a commitment to an online business opportunity. Don’t get excited by get rich quick business opportunities that require little financial and time investment. Step back and reflect as to why anyone would share their plan to a 6 or 7 figure income for a $77.00 investment. They are marketing to greed and generally to naive people who think that they can achieve miraculous results for little money or effort.
Before embarking on an online business opportunity ask yourself these questions. What do I want from life? What am I prepared to commit to attain this? Do you I have the ability to focus on a work day from home and not be distracted by what is going on around me? Do I have the ability to persevere through the learning curve? Basically, you will need to evaluate your goals, plan how you are going to achieve them in realistic steps, and have the passion to succeed. Remember at the end of the day it’s not the money but what the money can do to improve your life, i.e. spend more time with family and friends, exotic vacations, a country home, a new car, etc. It is living your dream.









8 comments
Comment by Laurie Monahan on May 19, 2010 at 6:03 pm
Excellent article Michael! How true, how true: check every opportunity out thoroughly and don’t go shopping hungry!
Many thanks,
Laurie
Comment by Mike Morgan on May 20, 2010 at 6:59 am
I love going shopping hungry!
Especially when you hit the gourmet sections…
Dangerous though…great post Michael.
Awesome blog you have here!
All the best
Mike
Comment by Mavis Nong on May 20, 2010 at 11:29 am
Great points you have outlined in this article Michael. So true!
I love your blog!
All the best,
Mavis Nong
Comment by Ghyslain on May 21, 2010 at 10:58 am
Thanks Michael, really good info, thanks for sharing!
Ghyslain
Comment by Rich Fairfull on May 22, 2010 at 10:17 am
Hi Michael,
I’ve been at this a while, and I’m still tempted by these offers. Sometimes they are tempting. Especially if I’m working a tough business problem…just what if…? Shortcuts mean skipping the learning curve and missing out on developing business skills and savvy needed to weather the market place….
Thanks for the post..
-Rich
Comment by Elena on May 27, 2010 at 3:36 pm
Thanks Michael for sharing your ideas on endless raw of tempting Get Rich Fast schemes.
But we won’t follow Oscar Wilde who said ‘I can resist anything but temptation’.
Comment by T. Marie Marshall on October 25, 2010 at 1:00 pm
Hello Michael,
You can’t stress enough the education needed to start and run any business whether it is on the internet or a brick and mortar. I’ve been seeking education for my business constantly and it’s an ongoing process.
Comment by Michael Friedman on October 26, 2010 at 3:35 pm
Hello T Marie,
Thank you for your valued comments. I totally agree, continuing education is the key to success. One can not remain static in this rapidly changing environment we live and work within.
All the best,
Michael