Want to be a Successful Online Entrepreneur? Do These 3 Things

Are you ready to become and online entrepreneur and make money online? You are not alone. The idea of starting and operating a successful internet company, whether as a solopreneur or creating a large company, is a dream of many people. And the internet is full of a diverse group of entrepreneurs that are finding lots of success. To avoid a road that is longer and harder than it needs to be, and to avoid disappointment, focus on these 3 beliefs that are shared by successful internet entrepreneurs.
  1. You only need 1,000 true fans

To be a successful online entrepreneur you don’t need a million customers to succeed, you only need 1,000 true fans. Anyone that spends $100 or more every year on products or services that you offer is considered a true fan. For this reason, online entrepreneurs that are finding success are not worried about growing a massive following. They are focused on finding those individuals who are fans. In order to find true fans you can write blog posts, host webinars, and post on social media platforms. Because of modern technology you are able to connect with your customers on a level that businesses in the past were unable to do. It is easier every day to reach people and to find the ones that want to work directly with you. And, the strategy can payoff and earn you a lot of money. Once you have just 1,000 true fans, you will be generating $100,000 a year. And every year that your number of true fans, or the amount of money that your fans spend with you each month increases, your revenue will as well.
  1. Put Your Efforts Into Things that Don’t Scale

This advice might seem like it goes against everything you know about business, but it works. During the first few years that your business is up and running you will need to invest at least half of your time into doing things that do not scale to be able to sell your product or service. The majority of online companies have a very quiet and small start. And, they continue operating this way until they have their 1,000 true fans. This is not the fastest way to grow a business, but it can the fastest way to grow a successful business. One strategy to accomplish this is to focus on growing your business by 10x. Some people don’t put in enough effort to get to this point, and others focus on trying to grow a lot more than this. The start of many businesses happen through personalized messages, phone calls, and meetings. After you have your 1,000 fans from doing this it is much easier to find success with activities that can scale.
  1. Stick with it

There are many entrepreneurs that are out there trying to do the exact same thing as you. Does that discourage you? It shouldn’t. Too many want-to-be entrepreneurs call it quits once they realize that there are other people with successful businesses doing what they want to be doing. But, if you stick with it you will begin to notice a few things. After some time, and maybe not even that long, some of those people will get discouraged and quit. After that there will come a time when you realize that each business, even within the same industry, has differences. If you stick with your business you will find your Unique Selling Proposition that will help set you apart from the others that are doing the same type of business as you. Building a successful business is completed in steps. You are not going to be at the top level right from the start. But, if you stick with these strategies and continue going, you can find what you are looking for to be a successful online entrepreneur.
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