What Are Your Biggest Online Business Problems?

Finding a business that works for you and then sticking with it. Many people hop from 1 biz to the next without really giving it a try. In the end, money is lost and not made. It's an endless and common cycle in the IM biz, in my opinion.

Hi Ken,

Not too many now

Sometimes, finding enough time in the day to get my stuff done can be taxing.

Like say, if I'm working at 10:18 PM on a Sunday night - i.e. now lol - it can be tiring at times but I genuinely love what I do, so it's a labor of love.

Signing off from Bali.

Ryan

For me, when I got started in internet marketing back in 2002, my biggest challenge was that I did not know how to market my website effectively. That's one thing.

I did not know how to market, and what to market.

When I first started online back in 1996 my biggest problem was a way to collect money online. I came up with a way to collect money that would be viewed by today's standards as being very crude.

Now, my only problem is building a huge project around the service of another companies. Caution should be used when your success or failure depends on another company where you have no control over what direction they decide to take their company and how they view what you are trying to do.

I'm a software developer and I created a very specialized software that depends on PayPal for payment processing. Right now my name at PayPal will raise a huge red flag. But I have been working with my PayPal representative and the adaptive pay department and they are now actually seeing that my software does not increase risk but greatly reduces risk for the user and PayPal.

When I say I have worked very closely with PayPal to get my PayPal problem solved, I'm talking about webinars, and telephone conversations with PayPal departments who never talk to merchants other than maybe an email.

One version of my software has now been approved and now we will be working on the other version of my software in a couple of weeks to get it approved.

This has been over a one year process that is finally paying off. I was very lucky that I had a PayPal representative that understood my software and all the benefits it provided or I would have wasted many years and Thousands and THOUSANDS of dollars on a software that I could never sell.

I'm so grateful for my PayPal representative.

The main reason I even responded to this thread was to warn people about depending to much on other companies for your success. In the beginning during the beta testing PayPal was approving with in 24 hours every application of my software. But changes happen! The PayPal department that does the approvals is very small and they went through a complete personnel change.

These new people did not understand what my software did and then the problems started.

So what worked previously when dealing with another company may not work today. Even after all my software versions are approved things can change. The latest thing that I heard was that Google may try to purchase PayPal. So who knows what will happen if that rumor is true.

Best regards,
Steve Yakim

The number one problem I had in business starting out is learning to take responsibility and cutting out all excuses and distractions. Tomorrow is the day that never comes and if you wait your life will only pass you by. Also learning to take action on the information that I do already have is important, and not jumping from one thing to the next.

Keblack,

In my opinion, these are probably the most significant online and offline B2B or B2C marketing problems of existing businesses and companies around the world:

1. Generating consistent traffic ...
2. Closing consistent sales ...
3. Producing consistent repeat business ...

I think other significant problems fall under any of those categories ...

Generally, what needs to be done would be to consistently study relevant movements of related industries and markets, consistently monitor results, and consistently improve your marketing campaigns, in order to hit your projected traffic, sales and repeat business margins, so as to consistently turn significant profits from gross revenues ...

Focus and Consistency!

Focus on one thing long enough to develop youe skills and get good at it. Not expecting to make a million dollars the first week and if you don't you blame something other than yourself.

Consistency - treating your IM business like a business and not a hobby. You can it and get results Full time, even minimal part-time, but not working......sometimes!

Setting consistent deadlines and meeting them. There's no boss over your shoulder to keep you accountable. Moving today's tasks to tomorrow consistently can turn week long projects into year long projects very easily.

Sticking with something is the biggest problem for me. I have trouble just sticking with my plan to operate my sites. I end up change my sites to different things weeks after I just made a major change. One of my sites I went from a blog to a store to a forum in the matter of a month. Currently I understand I have this problem, so I am doing my best to fix it.