How did You Overcome Challenges in Your Online Business?

[HK World]

Starting an online business is not a smooth process. We all know that one has to face several challenges to stand out in the competitive online world.

Please share your personal stories of overcoming obstacles in online businesses and discuss practical ways to stay strong in tough times.

 

[Billy]

Let's not even go there! Wueh! I faced many challenges in starting an online business, such as finding a niche market, building trust and credibility, and managing time and resources. I overcame them by using various tools and strategies, such as market research, free trials, testimonials, social media, verification, goal setting, delegation, automation, outsourcing, and self-care. I learned a lot from my online business journey and I hope you can too.

 

[Heatman]

One of the biggest challenges that you're going to have when it comes to managing your online business is being able to get customers that are going to patronize your online business whether you are selling a service or products. It is always very tough in the beginning of such kind of businesses because you will have to be invested extensively in promotional activities so that you can be able to reach those that are going to be interested in patronizing your business.

 

[Good-Person]

One of the biggest challenges that you're going to have when it comes to managing your online business is being able to get customers that are going to patronize your online business whether you are selling a service or products. It is always very tough in the beginning of such kind of businesses because you will have to be invested extensively in promotional activities so that you can be able to reach those that are going to be interested in patronizing your business.

I think this is where email marketing and social media marketing may help a lot. However, in order to succeed as an online marketer, you must hire the best team and be honest about your product. This is why hiring an experienced team may help a lot when it comes to dealing with challenges associated with online business.

 

[Heatman]

I think this is where email marketing and social media marketing may help a lot. However, in order to succeed as an online marketer, you must hire the best team and be honest about your product. This is why hiring an experienced team may help a lot when it comes to dealing with challenges associated with online business.

The simple truth is that most online businesses face different challenges based on the nature of whatever they are offering to their customers. This is because I can remember when I started my own online business and I needed to make use of PayPal as a means of payment. I didn't have PayPal at the time but I had to find a way to be able to have PayPal because there was no way I would be able to get my payment without having PayPal back then.

 

[Shortie]

You are very right, starting an online business is definitely not a smooth process and you will run into issues that are different to others as well so giving advice based on the issues you ran into may not be the same for someone else.

The issues I ran into when running my business were not marketing myself well enough and also undercharging for my services as well. This is something I learned quickly and I am now taking steps to fix that.

 

[Ja Sa Bong]

The challenge which I can remember vividly when I started working online was in working on survey websites. A lot of them doesn't have survey for me to take part and make money. The one's I will have survey, they shrink the pay so bad it will look useless doing them.

 

[Heatman]

Let's not even go there! Wueh! I faced many challenges in starting an online business, such as finding a niche market, building trust and credibility, and managing time and resources. I overcame them by using various tools and strategies, such as market research, free trials, testimonials, social media, verification, goal setting, delegation, automation, outsourcing, and self-care. I learned a lot from my online business journey and I hope you can too.

Building your popularity in your online business is something that is always very challenging for those who joined the business new because they will have a lot of competitors who are already well established in the business stay ahead of them whenever there is a job to be given to those that offer such services online.

 

[Grant]

As anyone did, by failing and learning from it all. I of course figured out the said failures and grew because of it. You really have to push through the failures, even the tougher ones. Challenges will come up as you go, and likely will never stop. It'll always be something, but if you stick with what works and do your best, you should be fine.

 

[Nomad]

In my experience, starting an online business is not very difficult, you can easily start your business with a small investment. However, what is most challenging is generating sales. You need a lot of money and skills to market your business to generate sales. Despite running the business for a couple of years, I am not generating good profits on a consistent basis

 

[Ja Sa Bong]

As anyone did, by failing and learning from it all. I of course figured out the said failures and grew because of it. You really have to push through the failures, even the tougher ones. Challenges will come up as you go, and likely will never stop. It'll always be something, but if you stick with what works and do your best, you should be fine.

I embraced failing in business a long time ago because it's the best way you won't forget the lesson in the failure. I know one can learn from the experiences of others but your own experience will be more resounding.

 

[Bousine123]

One of the obstacles I faced while working online was lack of data bundle sometimes, and some times, concentration, if you are working online, you must concentrate if not you would be distracted.

 

[stan358]

Running an online business needs time and patience. It is difficult generating sales initially when you start a new online business especially if you lack experience. You must get good knowledge first..

 

[Skysaint]

You will always have to face challenges while working online as a business owner. And when it comes to overcoming obstacles and challenges in business, then it's your responsibility to figure that out as a business man.

 

[Ja Sa Bong]

One of the obstacles I faced while working online was lack of data bundle sometimes, and some times, concentration, if you are working online, you must concentrate if not you would be distracted.

How did you manage to fight the problem of lack of concentration which you were facing when working online? I had same problems some years ago but I was able to learn how to get my concentration back by drafting a new room where I work in whenever I have to do my online jobs.

 

[stan358]

Most challenging is to find the right kind of online jobs that pays. There are times you spend so much time and energy and you would not get paid at the end of task. Another factor is time factor..

 

[Good-Person]

As anyone did, by failing and learning from it all. I of course figured out the said failures and grew because of it. You really have to push through the failures, even the tougher ones. Challenges will come up as you go, and likely will never stop. It'll always be something, but if you stick with what works and do your best, you should be fine.

One of the best ways to overcome the challenge of a lack of cash reserves is to save money while conducting business. This is quite important due to the fact that when you save money, you tend to have more of it. this will allow you to re-invest money, even if you are conducting online business.

 

[Heatman]

One of the best ways to overcome the challenge of a lack of cash reserves is to save money while conducting business. This is quite important due to the fact that when you save money, you tend to have more of it. this will allow you to re-invest money, even if you are conducting online business.

I would say that it is very necessary for you to re-invest whatever profit you've made from your business back into your business because that is the only way you can be able to see your business grow and expand faster.

When you are putting more money into the business and not relying on the initial capital that you used to start the business, it will see it grow the business and expand.

 

[Good-Person]

I would say that it is very necessary for you to re-invest whatever profit you've made from your business back into your business because that is the only way you can be able to see your business grow and expand faster.

When you are putting more money into the business and not relying on the initial capital that you used to start the business, it will see it grow the business and expand.

I would consider reinvesting profits only if the business actually makes me money in the end. If the business is proving to be really less risky, then I may consider investing money. However, the risk factor and the profitability factor plays a really huge role.

 

[Heatman]

I would consider reinvesting profits only if the business actually makes me money in the end. If the business is proving to be really less risky, then I may consider investing money. However, the risk factor and the profitability factor plays a really huge role.

Before you start thinking about expanding your business, there must have been cases of improved record of profit-making in that business which is why you are going to look into investing back those profit into the business to make sure that whatever you are now getting is more than what you used to get from the business.