The most difficult and critical step in starting a new business is to decide which one will be the best business idea. People enthusiastically start in business, but soon they feel trapped and get into trouble finding ‘perfect’ business topics to go.
It happens in starting a business online far more than offline.
Let’s imagine you decided to open an offline store. You rent a room and intend to finish the shoe store. You match the store to sell shoes, look for suppliers, and buy stock. Then you open the store. On the first days you can’t see many people come and you are not so happy with sales. What did you do in this situation? Go for another store profile? You put aside stock shoes, change right, say, toys, and bring new toy stocks? Impossible. You have put money on your shoe store, so you will try to find a solution to promote it, to find maybe some other suppliers, to get more styles at better prices, and so on.
But, think a little, what do people do when starting an online business? They choose the topic, make research on it, start a blog and post two-three articles and then, leave everything aside and go for another topic because they hear a more interesting niche out there. They started a new project and, after others, they left it for other things that looked more interesting.
The very low initial investment level needed by starting an online business makes people in a shallow treat the internet business. However, to build a healthy and profitable business, the process is the same. There is no difference between offline and online.
All entrepreneurs, both offline or online, must be remembered that business success is the result of at least three important inputs:
If you are determined to succeed in business, you must go through a process of evaluating some business ideas, but, once an idea is chosen, you must still use it, the laser focus on it and persistent.
If not, with changes in doubts and your permanent topic, you let money on the table. You are wasting all your time and effort in various ideas without seeing any results.