4 Things Your Business Needs to Have for Success – Its Not What You Think!
In my experiences of trying to make money online, I’ve come across a 4 main things that I found you need in order to start being successful with whatever business you are trying to do online…
I, by no means, have “made it” online, but I have to take note of whats been happening along the way and these are a few of the things I found are absolutely essential to any kind of online business success…
#1) Ability to Succeed
Your business has to have the ability to succeed with it at all. Whether that means selling your first product or generating your first lead, it needs to be able to accomplish that and quickly. So many people join businesses that have no chance of success right off the bat. If your business can’t accomplish this basic mission for you, find another.
#2) Easily Duplicatable
Can you do it again easily or will it take 10 years to make $10,000? Your business needs to be able to create success for you again and again and it shouldn’t have to take 10 years to do it. If it does take 10 years to generate $10k, then while it may be a duplicatable system, it’s not an easily duplicatable system. No one wants to wait 10 years just to make $10k – that’s too long for too little. Now, don’t confuse this with a “get-rich-quick” scheme but make sure your business has the potential to generate a lot of money fast over and over again!
#3) Maintainable
You need to be able to maintain your business, bar none! What good is a one-off success if you can’t maintain that success? You may have just gotten lucky! Any monies you’ve generated will be gone in no time if you can’t maintain it. This ties in perfectly with item #2. If its too hard to duplicate, then you will not be able to maintain it either.
#4) Scalable
Even if your business model allows you to sell a product, is easily duplicatable and maintainable, it doesn’t matter if you’re talking about $25,000/yr. Most likely, you will still need to keep your day job and that’s not why you got into business in the first place, is it? Can you scale your business to $50k, $100k, or $1,000,000 or more per year? Now you have a scalable business as well which will allow you to not need that day job someday.
If your business does not have even 1 of those 4 items listed above then you need to find one that has all 4! If even one of those is missing, you will not be successful with that business at some point.
~Mike J Anthony
Email: mic0510@gmail.com
