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10 Key Success Factors For Internet Business

Author: Matthew Eigbe

There are certain characteristics and actions that are common to successful entrepreneurs (entrepreneurs or business owners on the internet). Learning them will also make it easier and more likely for you to succeed than it would be without a knowledge of them. There are many factors indeed that we can attribute their success to. I will cover ten of them here.

They set goals. You have dreams, things you want to achieve. You set a goal when you fix a time for realizing your dream. Setting goals and writing them down will drive you to succeed. A Harvard Business School study revealed that only 3% of the population studied wrote down their goals and that they were earning 10 times as much as the 83% that never set goals. The learning here is that you should write down your goals, breaking them into bits consisting of activities that will lead you to realize your dreams.



They are organized. Being organized is a habit that can be learnt. It would appear that some find this easier than others. A lot of productive time is lost to lack of organization. Are you organized? Answer this question to find out: Are you able to find things when you need them? Keeping proper records and adopting a simple logical filing system will help you a great deal.



They develop themselves. There is no perfect human being. There are often weaknesses, gaps and deficiencies here and there. The successful internet business owners improve themselves by reading and attending seminars. They are perpetual students. They know that leaders are readers.



They pay attention to detail. At a certain stage taking care of little things lead towards perfection. In turning out an e-mail, an ezine or designing a web site effort must be made to ensure that good impression is made on the receiver or visitor. The Japanese principle of "kaizen", continuous improvement, is worth embracing.



They use time well. I don't want to say that they manage time well because the time available is fixed, 24 hours in a day and so on. What you can do is arrange your activities to get the most out the available fixed time. There should be a balance amongst business, family and self. The front runners do this.

They use the right tools. This is the computer age and automation is the word. As your business grows it will be very helpful to take advantage of the various tools now at our disposal to enable you work smarter. The big earners put a large chunk of their business operations on autopilot.



They stay motivated. Motivation comes from within, driving you to continue your work with a high energy level. It helps a great deal if you love what you are doing. This is why it is important to consider your area of interest, apart from monetary issues, in the choice of a business.



They are self-disciplined. It's necessary to be focused and methodical in your approach to work. If you work at home it's doubly so. Set working hours and let all know that you would rather not be distracted. This practice would enhance your productivity.



They have and display positive attitude. The top dogs are not easily discouraged. They don't turn tail when they encounter obstacles. Neither should you. Thomas Edison, the inventor of the electric bulb, did 1200 experiments before he succeeded.



They are patient. Particularly at the beginning. They do not go after get-rich-quick schemes that do not last but collapse in no time like a house built on sand. They stake out their plot and invest their energy and ingenuity on it until it blossoms. You should take a long-term view as well.

Without sacrificing your individuality and originality, we should model success because, by and large, different attitudes and actions lead to different results.

Matthew Eigbe has over 25 years experience in consumer marketing and now focuses on network marketing using the internet. He is webmaster at http://www.mattlinks.ws , a site that explains how you can gain Financial Freedom by inviting people to have their own domain name.

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