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5 THINGS TO KNOW BEFORE YOU START AN ONLINE BUSINESS

You Need To Know This Before You Start Any Business

By Peter Olabode AdesanyaPublished 3 years ago 3 min read

PLAN

Like every other business, before you get started with an online business, you need to ask yourself some questions. What do you want? Why do you want to set up the business? What are your goals? Are you trying to sell a product or service? How do you want to get your audience's attention? This as to be done before setting up your business and I am sure these questions will help you to come up with a very solid plan. To start any business you need to plan it first before you get on the track but if you don't plant it you might end up losing your entire investment, once you know your plan you will be able to execute the plan.

Setting up a planned business might be difficult for some people especially when you have no idea about which plan to come up with or you are a newbie in the online world this is why it's good to know your responsibility as a business owner.

DETERMINATION

The second thing to know is the determination to be a successful digital business owner.I remember vividly when I first started my online business.I was so determined because I knew what I want, and also I knew that I will encounter all different kind of challenges before I will make it to the top. I knew right from day one, that success doesn't come for free, I know I need to put in all my possible best. I know I need to be determined before I could achieve all my aims. To determine it's mean to believe and trust in yourself. When you have the mindset of determination towards something that thing will surely come to pass no matter what challenges you might face your spirit of being determined will deliver you and in the end, you will be proud of yourself. You need to apply this policy if you want to be a successful online business owner.

FOCUS

The third thing to know is a focus, to be focused is like a brother to a determination when you have a focus you know within you that you are heading somewhere it depends on what your goals are. The most focused man in the world according to google search is Bill Gate In early July 1991, Bill Gates Sr. invited some guests over for dinner.

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The diners that evening included his son Bill Gates Jr., the founder of Microsoft, and Warren Buffett. These were two of the most successful men in the world, who, for many years, had taken it in turns to top The Forbes World’s Billionaires list.

Imagine if these men weren't focused will they get to where they were today? This is the power of focus, focus is when you are interested in something and you show your interest in it, set your goals to be focused before you get started with an online business so be a focused person.

RESEARCH

The fourth thing to know is to do your research, make sure you do your research before you jump into any business. Don't say because someone has done it successfully so you will be an expert in something it require daily practice. You don't just want to get your hands on something you don't understand and believing that will be a professional. To be a computer engineer after graduating you need to stay current on the latest software or technology. You need to stay updated in doing this you will have all the requirements to be a professional. Technology is not just about your qualification alone, it requires a lot of studies and research, so do your research daily.

LEARN FROM OTHERS

The fifth thing to know which is the last one is to learn from others people. Some people are kind of believe they already know everything, show me a man who thinks he knows everything, and I show you the most ignorant man in the world. On this planet we are all learning nobody is perfect this reminds me of a man named Professor Wole Soyinka a Nigerian playwright, poet, and essayist in the English language. He was awarded the 1986 Nobel Prize in Literature, the first sub-Saharan African to be honored in that category. Soyinka was born into a Yoruba family in Abeokuta. Apart from the Nobel Prize, he had won more than two awards, despite all these awards this man doesn't stop learning. Learning from others is called Social Learning. By watching and interacting with them, before getting started with the online business you have to be ready to learn from others.

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