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Article: 10 Myths about running an online business

         

rcjordan

6:23 pm on Mar 12, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Myth No. 1: It's Easy, Anyone Can Do It [newmedia.com]

I've been running a 99.9% virtual business since 1995-6. I'm not sure that I totally agree with Myth #7 -in fact, I mostly disagree with that one. It can be done.

agerhart

6:28 pm on Mar 12, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



From talking to people at BarConference, I would have to say that there are people that can dispell Myth 8 too.

Travoli

6:32 pm on Mar 12, 2002 (gmt 0)

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Myth No. 10: The Internet is a magic wand.

lol.

I disagree with a lot of what he says. You are right rcj, it CAN be done.

oilman

6:33 pm on Mar 12, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



yup #7 is pretty much out the window for me.

#8 can be seen inaccurate as well for some folks.

#10 The Internet is a Magic Wand - sure it is but like any good magician you need to know the trick :)

digitalghost

6:36 pm on Mar 12, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



That entire article is a rehash of articles that have been floating around for years.

Nothing new there. I gave it a one for originality. Equates to "fire fighting is a dangerous job." Yep. Business is business. Online or not.

I do usually talk to clients on the phone though. I also offer a 24/7 phone number. I rarely get a call after 11 but clients seem to like knowing they can call anytime.

DG

smatsmax

7:06 pm on Mar 12, 2002 (gmt 0)

10+ Year Member



Myth 8
Took me 18 months, but hey didnt have a clue about the internet or computers really
Now i've given up my day job and am working from home

paynt

7:24 pm on Mar 12, 2002 (gmt 0)



Myth No. 9: When I'm working for myself from home in my online business I will be able to spend as much time with my children as I want.

Well, I can dispell this myth as I get up at 3 am and work until they get up. Then I dance around their schedules all day. After they are tucked into bed I get those last few hours uninterupted before I crash only to start all over again the next day.

TallTroll

9:42 am on Mar 13, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>> From talking to people at BarConference, I would have to say that there are people that can dispell Myth 8 too.

Yup, but from talking to people at BarConference, I realised that the membership of this board belongs in about the top 2% of talent when it comes to internet marketing, and the REALLY good ones in about the top 1/10th of a percentile

However, check myth 6: I can put the whole thing on autopilot and make money while I sleep

Thats where so many go wrong, they sleep. Just develop a serious caffiene habit, and learn to do that dolphin trick where only half of your brain sleeps at once. So simple once you know...

txbakers

10:04 pm on Mar 19, 2002 (gmt 0)

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I think what she said was true, and stuff like that, even though it hasn't changed in the last 500 years or so, still needs to be said and read.

So many people on other BBS start their posts with "How can I make money off my web site?" and it gets annoying to keep telling them that it really is a business.

littleman

10:17 pm on Mar 19, 2002 (gmt 0)



I disagree with 8 and 9. If you work very hard you could get a good business going in six months. Also, I am spending a LOT more time with my family. I use to get an hour a day with my daughter when things were good.

Black Knight

10:36 pm on Mar 19, 2002 (gmt 0)

10+ Year Member



I always have a problem with 'Myth lists' somewhere or other because they are generalistic rules, and we all know that there is an exception to every rule.

Right from the get-go I can start tearing every single assertion apart:

"The reality is that establishing an Internet business is a long, slow, frustrating process."

Good general rule, for newbies. However, I know of at least two people, experienced in working for others, who were able to gain backing, suppliers, outlets and do a full set-up for their own businesses in just days.

A rather large firm that specialises in funding startups once told me "Ideas are cheap. People find, borrow or steal good ideas all the time. What we invest in is people. The right kind of person can make ideas others wrote off work like a charm. When the right person comes to us, we invest." Experience (even working for others) counts.

Myth 3 is simply ignoring the fact that the marketing side is still part of 'building the site'. If done right, you can indeed virtually leave it on autopilot. Thus the latter mention of Myth 6, but they are missing the point...

If you were building a high-street store, you'd build it on a high-street right. In other words, you build with the demand already there. Same thing *should* be true with web sites. It ain't built right if you haven't included the means for gaining customers. Without the SEO or other marketing, you've simply built a shop with no sign, hidden in a back-street.

I could go on, but I'm sure you all know as many exceptions to each rule as I do, and more importantly, not even the same exception... There are many.

Ah well, it got them some page views. :)

Ammon Johns

wasmith

6:22 am on Mar 23, 2002 (gmt 0)

10+ Year Member



>> learn to do that dolphin trick where only half of your brain sleeps at once. So simple once you know...

LOL

Marshall

6:45 am on Mar 23, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Seems like the whole myth list is a plug for her web site.

Hunter

7:03 am on Mar 23, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Anyone can make these kind of statements about any "overly hyped" industry /business. As far as I am concerned, that is all that the author has achieved here. There has been so much hype tossed around about making big money quick on the Internet that it's not hard to point out whats so bougus about a lot of the hype. The people that have been and continue to be successfull are the ones that don't believe in magic bullets...they believe in hard work and determination.

Marcia

8:56 am on Mar 23, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>whole myth list is a plug for her web site

It's the type of article that generally appears at women's sites geared to an audience of WAHMs. Network marketing, or MLM, isn't quite the same as other types of ventures.

Calling it "network marketing" gives an air of respectability, but the fact is that nowadays Multi Level Marketers are widely considered the worst type of pond scum around. They're notorious for board and chat room spamming and some are incredibly unscrupulous. I watched a whole community split apart over the issue.

Not all are that way. I have a friend who runs a group and teaches classes in MLM and has a newsletter with a circulation of close to 2K gathered in around a year. It's all more product focused and that group doesn't use some of the tackier recruiting methods. It's a bit unusual with higher standards than what I've personally seen.

From what I've gathered - even years ago when I had off-line friends involved in MLM, a lot depends on who the upline is. If there's no upline support to justify their percentage, I've always heard it's best not to be involved with the people, look further, because others will. I've never done MLM, got a pretty bad view of it over time.

For a while I spent 5 nights a week having to deal with chat room spam and seeing some of the tactics. Unfortunately, it gives a bad name in general that's not always deserved.