Starting Your Online Business – 7 Hard Truths

If you’re reading this article, it’s perhaps because you’re excited about starting your own online business. If that’s the case, good for you.

However, if you’re reading this, you managed to work up enough enthusiasm to make you believe this may be a possibility. Again good for you.

I feel however that I would be doing you a huge disservice if I did at least attempt to at least guide your expectations, ever so slightly.

This is not an attempt to demotivate you. This is an attempt to give you the right foundation. I don’t want you to rise as fast as a feather in the wind, only to fall the moment the wind drops in the pursuit of your digital marketing business.

Instead, I want you to start laying down the right foundation. This is so important to your overall success and your stamina to see this through.

Don’t be a victim of your expectations. Become aware of your thoughts and emotions and use them to your advantage. Put yourself in the driving seat and take control.

Below I’ve listed out 7 Hard Truths of Starting Your Online Business, that are aimed to prepare you for when you do hit that wall. After reading this you’ll have the tools to get over it.

Starting Your Online Business

1. This is Not Going to be Easy

If you think setting up an online business is a get quick rich scheme, you are either delusional of misguided. This is going to be challenging and you need to accept that right from the start.

There will be a lot of hard work, failure and obstacles to get through. You’ve got to take the idea of something being tough and let it nourish you. Train yourself to change your reaction to the challenge.

Know that when things get tough it’s a sign that you’re about to make a breakthrough. This will keep you going when the going get’s tought.

2. Get Used to Failure

There are lots of habits you’ll need in the pursuit of your success, such as the ones that are mentioned in 7 Habits of Highly Effective People but this is one you’ll definitely need to get to terms with.

If you’re not failing, you’re probably not doing much. Each failure is an opportunity to sharpen the saw. To learn a better way.

To understand the work and yourself even better. Failure is an essential part of your success. If you don’t learn to accept it and turn it into something constructive, you simply will not succeed.

3. You’ll Need Money

Money is always going to be an obstacle. You may be so skeptical that you refuse to invest any of your hard-earned cash. Just note there will come a point when this becomes illogical and detrimental to your efforts.

If you think that you’re going to start a successful business without investing a penny – you clearly know something the rest of the world does not. I’m not saying remortgage your house, or go into debt.

What I’m saying is to create a budget and learn to work with it. Make it part of your strategy. Doesn’t matter if it’s small, but it needs to be something.

4. If You Haven’t Got Money You’ll Need Time

Money certainly can be an enabler. Essentially all money is a form of energy. It’s a resource. Money can get you ahead, there’s no doubt about that.

However, it can also get you to the wrong place faster as well and often a lack of it can be the gift you never knew you needed, as it will force you to be more creative and solution-driven.

However just remember if you haven’t got the money, you need to replace it with another resource and in most cases that means your time. Be prepared to put in both time and money, but if your current situation merits more time then money.

Know that that is your currency and you need to learn to exchange it for the results you want.

5. You’re Going to Feel Uncomfortable

Your thoughts, attitude, your actions, and your beliefs have all led to you being in the socio-economic state you find yourself in now.

Therefore these same patterns are not going to lead you to where you want to be. It’s not not logical that the same method will get you different results.

What does this mean? It means you will be required to change. Change often brings about feelings of discomfort. When we feel uncomfortable we start telling ourselves so many stories.

This is so we can justify moving away from the discomfort and back to normalcy.

This is turn inhibits our ability to grow and therefore to change. If you don’t develop the ability to go through discomfort as it arises you will not get the results you want.

6. This Isn’t Something You Can do Just When You Feel Like it

There are going to be so many days when you don’t want to do the things you need to do. It turns out these days are the essential days. These are the days where you get to make a decision – am I going to be consistent or not?

You ability to be consistent will be a determining factor in your success. How you react and behave on these days will decide your fate. In other words, you will decide if you succeed or not. No one else, just you.

7. You’ll Have to Work on Yourself as Much as Your Business

All the strategies, tools and resources already exist for you to succeed. They are out there in abundance. It’s all accessible. No one is keeping it from you. The answers for every problem are literally at your fingertips.

Knowing how to do something is not going to be your problem. It may seem like it is sometimes but that’s just an illusion.

You will be your biggest obstacle – understand yourself, your thought process, your values, your conscious and unconcious habits, your reactions, your beliefs, coming to terms with your past and your conditioning will all play a role in your success in business.

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If you want to talk on this challenge you need to be ready to take on yourself.

With all these challenges, you’re probably wondering, why bother and the answer is simple. If you know you can, then anything less simply is not worthy of you.

If you want to learn more about starting your own online business and generating an additional revenue stream, check out the free video series.