Yeah it is not easy to hire experienced persons to your young company , but in another hand there are many ambitious young persons could help you with it .
Why most online business fail?
- Thread starter Lyrrex
- Start date
And a lot of people who want to earn online lack this and do not want to work on themselves, but would rather blame the limitations Available.
Talking from experience I feel that people thinkwhen you start business today the next day you start making money which doesn't work like that it's takes time I have to be consistent
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You must follow a good online strategy when it comes to making your online business more successful. It seems most of the people just give up earlier when they ever decide to earn money online. Earning money online is not at all easy, especially if you are living in a country that does not fall under the category of Tier 1 countries. Earning money online requires you to be hard working and a patient person.
What you describe is correct, as many entrepreneurs start because they see others successful in their ventures. But in reality they have no knowledge of it and do not prepare themselves adequately to start, hence comes the failure.
Maybe you should change your question. Look at facebook, google, amazon, these businesses operate online and these are some of the most successful businesses.
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Yeah , Amazon and the likes as succeeded in online businesses despite that they also have their challenges too but there more of failed online business than the sucessful ones.
That's right. What worked for others might not work for you. Don't just follow others business. You must make your own business. You must study the right business.
The reason is not farfetched. Online business requires a lot of work and the knowledge in order for it to be able to successfully and start making money from it.
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You don't have to say it is not easy because if you understand what this set of people you are hiring in to your company will do in favour of your company, you will not consider the amount of money you are paying them as a difficult thing,
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Working in ourselves is the best way to improve the skill we have,yea most people do see the need for this, online is competitive and we really need to be be good at what we are doing and before we succeed .
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All these people didn't succeed without much challenges . They were able to withstand their challenges because of the plans they mapped out and thus were successful
Business failure is what has been happening here and there around us and even most online business..this simply happens due to lack of props planning, influencer that will make everything happen as planned
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Yes of course they will help you a lot , and no worries about money spent , they will help you get profits for sure , and if they feel you are caring for them , they will do their best .
When you don't have a good relationship with your members or users online may lead to failure in doing business online because a business without users is a dead business. Another unwell plans for the business may also lead to failure.
Most online business fail because of lack of planning and strategy, online business isn't like physical there are many competitors online so you have to find a good strategy to get customers.
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Yes a good plan is essential for starting a business online , and also you have a full vision about it and expect all Bad things which could encounter you .
On point, hope for the best, expect the worst that's how you'll not be swayed when an unexpected outcome presents itself, it would be something you are preparing for
Definitely and to an extent they were passionate about the business with their target but in recent time people give more priority to money over passion when starting online business.
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Whether it is offline or online business the cause for failure is always varied and perhaps multiple in nature. First is the maintenance of the customers because it is the lifeblood of the business. When the customer is gone then the business is gone. That also applies to the suppliers.
The truth is that the amount of money that one can be earning on the internet is quite small compared to the amount of money that one can be earning in an online business simply because of the fact that most businesses are being run offline.
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