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I'm guessing that if you had a food franchise business offline,
you would treat it as if your life depended on it. You would
probably even be willing to work 12-16 hours a day to keep
your franchise running smoothly!
What you need to realize when starting an internet marketing
business is that it is still a real business. Since you already
invested up to a million dollars to start up your franchise,
it makes perfect sense that you would do whatever it takes
to first break even.
And after you have broke even you will have to wait a few
years before you see a positive return on your million dollar
investment. Most of you have a realistic mindset when it comes
to a ?real' million dollar business like that.
But what happens when most of you start a home based internet
business? For most of you, the first thing to come to mind
is ?fast money' and ?get rich quick' and ?effortless cash'.
That's okay, that's what I thought when I first started in
internet marketing.
However, this kind of mindset leads you into thinking that
all you need to do throw up a fancy website, watch TV, hang
out with friends, and play in your local sports league and
you would be rich!
In reality, to make a full time income on the internet, it
takes time and effort - no different from a REAL business.
The only difference is that you are running a business over
the internet and it also requires time and commitment.
You already know that an advantage of an internet marketing
business is that it has virtually no overhead compared to
a traditional franchise. BUT because it's so cheap to start
up, that is also internet marketing's disadvantage.
Naturally, you and I tend to treat an internet marketing
business more like a hobby than a real cash flow generating
business because it's easy to get in and easy to get out.
Your life would not dramatically change if you started and
did nothing with it and failed.
But in a 'traditional' business, you would starve to death
if you had that kind of undisciplined mindset. But because
you put everything on the line (home, life savings, etc) in
your business; your focus, determination, and sacrifice to
perform and treat it seriously is an absolute must.
You understand that about a franchise, so let me ask you
what would happen if you treated your franchise like a hobby?
What if you treated your fast food franchise like you treated
your internet marketing ?hobby'?
If you have a J-O-B, what will happen if you didn't feel
like showing up to work for a week because your friends were
coming to visit?
What if you decided to close your franchise a little early
because you must watch that new episode of "Sex In The
City"? With that kind of attitude and lack of discipline,
you would get fired and your franchise will close down.
Before starting an internet business, or if you haven't given
your internet business the attention it deserves, ingrain
in your mind right now that you need to treat your internet
marketing business as seriously as your job or business.
Like your job and business, expect to put in the time and
effort into building your foundation with internet marketing.
Only then will you be able to reap the rewards and lifestyle
that your internet business can give you.
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Alan Quan is an internet marketing coach and owns a successful
internet business selling high-end information products. He
is helping and now giving his coaching FREE to entrepreneurs
who are serious about making money on the internet. Visit
http://e-bizcoachalan.com/articles.html and see if you qualify
for his exclusive program.
This article is free for republishing
Source: http://www.articlealley.com/article_175677_3.html
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