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The Right Mindset For Starting An Online Business

By Franck | November 1, 2009

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If you want to start an online business, you need to start thinking like a business owner.

A big mistake that beginners make is that they do everything they can to “make money”. If they don’t see money coming in their clickbank pr paypal account from day one, they start bashing their mentor or the ebook they just bought, etc.

The truth is that the mentor or ebook has nothing to see with your failure.

If you are failing, you need to stop whatever you are doing and ask yourself: “Am I building an online business?”

Let me make it even easier for you… Try to explain to your spouse or (sister, best friends, etc…) what you are doing online.

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If all you have to say is “I submit articles to make money”, he won’t understand. If he can’t understand, it’s probably because your do not have a real Internet business, but a “money maker”.

You need to go from the employee (workhouse, hard worker) mindset to the business mindset.

Now, there’s nothing wrong with making $500.00 per month from the Internet, but is this really what you want? and can you stop working and continue to earn those $500.00?

Here are two questions (there are more, but these two will get you started) to help you know if you are doing the right thing online.

1. Do you have a website?

If all you have is a bunch of articles on directories and a couple of Squidoo lenses, you need to rethink your strategy right away.

In fact, there’s nothing wrong with Squidoo, hubpages and other free blogger blogs. Don’t get me wrong, I use them to market my own websites.

The only problem is when you think that it’s your business. It’s not. You are just helping the guy (Chris or Seth G., etc.) to have more page on his site and make more money with adsense and other affiliate programs…

Remember: you must always use your own website to promote affiliate offers.

2. Can you sell your business rigth now and make thousands of dollars?

I don’t know for you, but for me, a business is an asset. Whether it’s online or offline, you could sell it right now and make five or six figures next month.

I’ve done it offline (in the year 2000), and sold my pizza delivery business (the name was “pizza king” by the way) for a lot of money and make a big profit.

Can you do this?

If not, my advice to you is to start building your own business today.

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Franck Silvestre is an Internet business coach and help beginners to start their online business with his amazing multi-media course and coaching.

Click on this link to register for Eben Pagan’s Ignition FREE business Start Up Webinar: 10 Ways To Start Your Internet Business

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