Newbies... considering setting up a business - what is your most pressing problem right now?

by Banned 69 replies
82
I can well remember being a bit of a newbie myself to all this 'stuff' online, talk about confusing!

Information overload, not knowing which questions I needed to ask to get me to where I wanted to be, the sheer amount of info - after a while my head was veritably spinning.

I've actually been in business for myself though since I was 14 years old. 31+ years now in total and during the past 3 decades or so, you could say I've learned a thing or too.

During my time here on the Warrior Forum (ignore the join date to the left - I've actually been here for a number of years) I've personally mentored quite a few individuals.

So my question to you today is this...

If you're considering setting up your own business either on or offline, what is your most pressing problem right now?

What's holding you back?

What obstacle or hurdle are you right now trying to get to grips with?

What specifically do you need a hand with?

What gap in your knowledge would you like filled to help you to move from where you are now... towards your ideal financial situation?

Please feel welcome to post up your key problems below...

Warmest regards,


Mark Andrews
#main internet marketing discussion forum #business #business coach #business mentor #coaching #mentor #mentoring #newbies #pressing #problem #setting
  • How to scale up? Got and know all the methods. Bought every WSO on this planet...but Howto Scale Up to Earn Big?
    • [1] reply
    • Banned
      Buying lots of WSO's (shiny object syndrome) isn't going to help you to get to where you want to be any faster.

      In fact, it's probably impeding your progress. Slowing you down, as you take on more information than you actually need right now.

      Why do you keep on buying into more and more information when you don't need it?

      Can you honestly say, hand on heart all these WSO's you've bought are actually helping you to achieve your business goal?

      Be honest with yourself.

      What is your business anyway and how do you propose to scale it up?

      What is the objective / what is your objective?

      What is your specialization?

      How do you propose to improve the lives of your customers?

      Do you know?

      To earn big money you don't need to know everything but just enough for you to take steady action day by day.

      It's by small steps daily you effect the biggest change. Not taking giant steps and tripping over yourself before you're ready.

      Warmest regards,


      Mark Andrews
      • [ 2 ] Thanks
  • Banned

    I think you'll find without a shadow of doubt that the overwhelmining response would be MONEY. Without it you can't do diddly squat.

    If you have an idea or product, you can be lacking in every single skill imaginable - marketing, design, PR, whatever - but MONEY enables you to outsource everything if your product is good enough to warrant it, and gain the ultimate exposure desired and required.

    How many people have lived on a dream for years and MONEY has prevented that dream from reaching fruition?

    How many people have had a fantastic product or service that the world has never got to know about because of lack of MONEY?

    How many people have taken life-changing ideas to their grave as MONEY prevented them from furthering it?

    It's all very well saying things like "try, try, and try again", or "perseverance pays", but most folk are so busy scratching around for a living and either don't have the time to chase other avenues after being blanked by the bank, business angels, friends, and other finance sources, or lose the will after persistent rejection. That's why countless thousands join up on forums like this. Seeking inspiration or encouragement that their dream could become a reality. Sadly, most will spend untold hours, days, weeks, months, and years on forums and websites such as this, extracting the odd pearl of wisdom, but ultimately getting nowhere.

    Here's a scenario for you:

    I ran a very successful business for many years. Products that were sought after for television, rave newspaper and magazine reviews, wholesalers beating a path to my door. Within the space of a few months I separated and my wife fleeced me and my bank accounts, off-line business became a nightmare as the economy was collapsing and many of my biggest household name customers went into receivership owing me tens of thousands of pounds, I was taken to the cleaners by dishonest agents who worked for me, I lost my home, children, and everything I valued in my life, and a whole lot more.

    So, what do you do when your in the gutter with nothing. Most people would say the only way is up. Sure, but without MONEY you ain't going anywhere.

    So, I've discussed things with a few respected web developers both in the UK and USA (including one from the WF), and been told that by not taking advantage of social media years ago I have lost millions in revenue that would have been earned from a most exclusive and unusual product.

    So, what do you do? Web design, e-commerce, SEO, marketing, and literally dozens of other things all have to be paid for, and they all cost MONEY. This is in addition to all your regular expenses of food, accommodation, telephone, etc, etc. Pretty difficult when you have zero income.

    There are millions of folk in millions of different circumstances regarding setting up a business, all united by one common factor; no MONEY.
    • [3] replies
    • When I first started out trying to learn about internet marketing, I thought what a brilliant idea it was that I had come up with - to be able to find something where I could work at my own pace and not have to bother about networking, socialising, hitting quotas....and only work a few hours a week, no thanks to the many hyped-up shiny objects that are more time-wasters than helpers in most cases.

      Then I realised that it is no different from offline marketing, you need a business plan and also to work your butts off, at least in the beginning, to get it going. I guess this realisation took me by surprise and forced me to rethink what I should be doing. So I think a "mindset coaching" kinda help could be more useful than other knowledge-based coaching, or at least it should be part of the skills set to learn.
      • [ 1 ] Thanks
      • [1] reply
    • Banned
      Piffle. Absolute rubbish.

      You either want it badly enough or you don't, it's as simple as that.

      If you don't want to take enormous action to move you from where you are now towards your ideal financial situation that's your problem. Using the bleat, "I have no money," is no excuse.

      Fact is, in this business, you don't need money to get started.

      You can take the first incremental steps as easily as can be with no money down. There are enough free tools and resources available to help you to do this.

      It all comes down to your personal attitude. Are you going to take action or not?

      You need to stop dreaming of making millions overnight, it ain't gonna happen mate. But what you can do is build up in steady simple steps the income you need to push you further forwards towards your personal financial goal.

      Yes, I know you're thinking that's all very well and easy for you to state Mark Andrews but you really don't understand what it's like to have no money at all. Wrong! I do understand - more than you know.

      I actually live in an old van, what I like to call my motor home. She's a 1999 (T-reg) LDV LWB Hightop Convoy van self converted inside into a camper van. Inside, my living space is just 14' by 6'. The outdoors is my living room is how I look at it.

      Inside I have my bed, a tiny kitchen, the toilet in the back of the van in it's own separate compartment and a very small wood stove for heat converted from a 4.5kg gas bottle, the flue going up through the roof of the van. On top I've got 3x 80w solar panels to provide me with free electricity for my bank of leisure batteries. Internet connection? 12gb dongle from 3.

      Don't try telling me that it's impossible to get ahead in this business with no money because I'm just not buying your argument. It's complete tripe.

      You've got knowledge inside your head which is completely unique to you. Nobody else understands what you know quite as well as you do. So, why don't you put this knowledge to good use?

      What is your niche? What is your hobby?

      What is your personal area of excellence? What is your specialisation?

      You need to tap into this knowledge and sit down and write a few hot sheets (short reports) 10 or so pages long each.

      In each hot sheet you give people the exact knowledge they're looking for as it pertains to the niche you're most interested in.

      Try and solve a problem your target market is experiencing at the sharp end. Write out a solution to their problem. Essentially a how to do this information guide. And sell this for anywhere between $7-$27 per download.

      You can write this information out in Open Office (free) and convert it into a PDF (free) to make this available as a digital download product online.

      All the resources you need are freely available on this forum, simply use the Advanced Search function. You'll find them if you can be bothered to look for them.

      Next put a sales letter together. Again, if you cannot afford a copywriter, do this yourself. All the advice you need is readily available on this forum.

      Buy a domain name for peanuts. Set up your hosting, again peanuts. Negligible expenses.

      Attract highly targeted traffic (eyeballs) to your offer. It's as simple as that.

      Let's for example say you have a $17 short report / hotsheet and you sell 1,000 copies of this in 12 months.

      Why, this is almost $17,000 just over £10,000 in 12 months - equivalent to £200 per week. Now, imagine what would happen if you launched a dozen of these hotsheets throughout the course of the year!

      I'll tell you what would happen, you'd be earning a 6 figure income every year. That's what.

      Or set up a monthly continuity membership website, the same principle applies. Whack in some very high quality content which is ultimately of great benefit to your target market and helps them to solve a problem.

      You could either come up with this content yourself or buy it for peanuts in the form of PLR (private label rights) and adapt it to fit your personal business model.

      Drip feed it in via your free Wordpress membership website using something like MembersGear (free) or indeed use the S2Members plugin (free) fully integrated with Paypal (free) to send the monies paid in straight to your bank account.

      You can't possibly use the excuse of no money these days to avoid taking the action you need to get you where you want to be. It's just a completely ludicrous excuse.

      And FYI before you jump to the conclusion... new age traveller (just because I live in a van touring the UK and Europe) I'm not on one single state benefit. I make my entire living online.

      And I started this business with not a single penny to my name.

      If I can do it - you can too.


      Mark Andrews
      • [ 4 ] Thanks
      • [3] replies
    • Bankers rule us matey , we are meant to survive temporarily by giveouts from armed individuals who in exchange use our labor for their own good... That is why I say liars , force and manipulation seems to be the kings these days .... I should start teaching this lol @
      • [1] reply
  • The biggest for me is nailing down where I can provide the most value to people. How can I create a business or blog, even if it is just affiliate marketing, that I can drive traffic to not just to trick people to click a link once but to build a long term relationship so that this can be sustainable? That is what I am working on the most right now. I know there are quick techniques and I would like to try some of those for short term gains but I really want to make something work long term.
    • [1] reply
    • Banned
      I hear you Anthony.

      What you're saying (I think) is this...

      You want to set up a real business. A business which provides value and real time results. Resulting in long term consistent (sustainable) profit for yourself.

      To answer your questions, I'm going to pose a few questions which only you will be able to answer for yourself.

      But first, same as my reply to another individual above... you need to locate and tap into your personal area of specialization.

      In others words, what are you good at? In which area of business can you ultimately provide true and lasting real benefits for other people?

      Discover this untapped resource based on your life experiences to date and they'll be no stopping you.

      Now fair enough - you bring up affiliate marketing. Promoting other people's products or services (which is all well and good and a highly successful model for many) but I get the feeling this isn't really where you're at or what you really want to be doing. Correct?

      What you want is your own business. To provide a service to others which helps them to become in turn better at what they do and you want to be compensated fairly for helping to bring this extra value into their business model.

      You're just having a bit of difficulty locating or pinning down what this exact service should be.

      So tell me, what precisely is your core skill?

      In which area of business can you see yourself excelling at?

      Where do you see yourself being in a position to offer the most value to other people?

      Fact is, everything can be improved by a factor of just 10%. And we're all creative beings. And if we personally believe we personally do not have as much creativity as we'd like, why the easy answer to this problem is simply to tap into the creativity of other people.

      Now, we're all creatures of habit. How we walk, talk, respond to life situations are all based on habits.

      The habits of some people make them highly successful.

      Whilst the habits of other people perpetually seem to hold them back. But if you make it a habit to try and change positively or influence a better outcome by a factor of just 10% in some way, therein may just lie your greatest strength.

      And in this activity (whatever it is) may just be your opportunity to set up your own long term, highly profitable and sustainable business model.

      What can you do Anthony to improve the lives of other people by a factor of just 10%?

      Get back to me below on this and I'll take this a stage further.

      Warmest regards,


      Mark Andrews
      • [ 1 ] Thanks
      • [1] reply
  • I launched my first online business last month. It took about 4-5 months of planning, brainstorming, etc...and about 3-4 months of actual implementation and setup.

    The main challenges I had were:
    -if the ideas I had would actually work and would become profitable
    -finding the right resources to help me implement those ideas
    -finding the capital to start it

    I'd say finding the money to start the business is probably one of the biggest if not the biggest challenge for IMers just starting out.

    My current challenges now are:
    -driving traffic to my online business
    -costs for maintenance / additions
    -waiting for the business to start making sales and ROI
    • [1] reply
    • Banned
      How to drive highly targeted traffic (eyeballs), hot leads to your offer is one of the most common problems faced by many people in business. On this point, you're by no means alone Ollie.

      And admittedly, it can seem to be a little daunting if not impossible to get your offer right in front of your ideal stampeding herd of rabid buyers.

      You can have the best offer in the world, offer the most outstanding business service in the world but if you're putting your offer in front of the wrong audience, chances are your sales will be pretty dismal at best.

      The best thing you can do for the money is get yourself a War Room membership. Become a full blown Warrior Forum member. It only costs $37 for a 20 year membership.

      In the War Room which presently is off limits to you, you'll find a good number of completely free guides to help you to drive all the highly targeted hot potential leads to your offer you can imagine. It will pay for itself in no time.

      Many of the WSO (Warrior Special Offers) you see on this forum, these are kindly made available completely free of charge when you become a full member.

      The cost savings are considerable and the knowledge gained - immeasurable.

      Undoubtedly, you'll find the answer to your problem in this section of the forum. Just use the Advanced Search function which can be found on every page of the WF on the red navigation bar at the top of the site over towards the right.

      In the left hand box type in there "Traffic" and then select over on the right hand side the War Room and you should see more than a few completely free tutorials available for instant download.

      This will definitely solve this problem of yours.

      Costs for maintenance / additions? You'll need to be more clear for me to answer this problem.

      Waiting for the business to give you a good ROI can only come about from your marketing. If you have a specific marketing question, fire away below and I'll do my best to answer you if I can.

      Kindest regards,


      Mark Andrews
  • I can say that what's holding me back is the low budget... No way of going arround that tho, I'll have to be cautious and work harder so that I just don't loose all and cry :p
    • [1] reply
    • Banned
      David... read reply #7 above.


      Mark Andrews
  • I think that the biggest concern for the newer people who want to start their own business is that they really don't believe that they can succeed. They still have the employee mindset in them.

    The one thing I recommend anyone here who is in this boat is to start working on yourself by re-programing your mind to think differently. You do that by reading motivational books like think and grow rich, the magic of thinking big, what to say when you talk to yourself, and other great books out there.

    Start associating yourself with successful people online and even offline.
    • [ 1 ] Thanks
    • [1] reply
    • Banned
      Nail. Head.

      Precisely.


      Mark Andrews
  • I need a website/computer mechanic, There is a project I will like to try but don't know if it is good or if it will work. The next problem is I know what I want to try just don't know how and where to start it. Email me if you like, any help will be appreciated.

    Thank you in advance, Eddie
    • [1] reply
  • getting traffic
    • [1] reply
    • Banned
      Use the search function here on the WF. Not enough people use it to find the answers they're looking for.

      Yours is a very simple problem. It's dead easy to get traffic, you just need to put a little time, effort and creativity into the process of putting your offer right in front of your target market.

      Go to Advanced Search and type in "Traffic"

      And choose from any one of the many threads going back years on this forum for the help you need. All the advice you could ever wish for is right here...

      http://www.warriorforum.com/search.php

      Best,


      Mark Andrews
  • My biggest problem at the minute is deciding what platform to set my single product ecommerce site on.

    It needs to be able to make sales pages easily, optin form integration, be able to recognize affiliate traffic and discount codes and award the return correctly, be able to add analytics and test pages easily, add a blog etc etc etc etc.

    I want to go with Wordpress but is it correct for this type of site?

    What are the alternatives?
    • [2] replies
    • I use the Optimize Press theme on Wordpress. You can create any kind of page you want from the drop down menu. They have tutorials to show you how to use everything in it and how to set up any kind of page you want.

      Plus, this is the perfect theme to grow your business by using it on multiple sites. I love this theme.
      • [ 2 ] Thanks
    • Banned
      Contact Warrior member Diana Heuser, she's the expert who can help you with these questions and help to set you up with a complete marketing funnel.

      Here's her latest offer and profile page...

      http://www.warriorforum.com/warrior-...ss-nights.html

      View Profile: DianaHeuser

      If you need a hand with your marketing go to this user profile to compliment Diana Heuser's advice...

      View Profile: arfasaira (Arfa Saira)

      All the best,


      Mark Andrews
  • My biggest problems are to find a really good information (books,websites) about the right way to do a business and marketing on the Internet. I can't decide, whom to believe. Also, Google doesn't make any sense to me with this updates and rankings.
    • [1] reply
    • I agree with this. And this also leads to not focusing on a single method or subject.

      There is a lot of information and misinformation out there. SEO for example, one thing says to do A and another thing says do B and definitely not to do A. There is also a lot of rehashed slightly reworded crap out there too.

      On the flip side there are great courses/products out there but it's hard to know at first glance. For a long time, and still at times, I would jump from one shiny object to the next.

      Getting rid of the fear of failure & limited/scarcity thinking is an important step. Then it's important to focus on one thing and do it. If it doesn't work try something else. You can learn (and remember) a lot from a failure.
      • [1] reply
  • Banned
    [DELETED]
  • Hello Everybody,

    I am new to this forum and very excited about it. Sharing knowledge like this between one another is truly magnificent.

    I am planning on building a business in my spare-time. The business would be in SE Florida.
    I have worked for wealthy people for the past 6 years, traveling the world on luxury mega yachts (150ft+ privately owned boats). I believe that I have top notch, excellent customer service skills, attention to details, proactive understanding and approach with our guests who pay $300.000 to $800.000 to rent the yacht per week.

    This is all I have done since high school so I think it is pretty obvious that I can help and profit off this somehow...

    I am not of the creative breed. I am more of a practical and logical person. I would love your feedback to get the ideas flowing.
  • An issue I am dealing with is what products to promote. I'm building an email list and trying to engage my readers and bring value to them, not just another shiny object for them to buy. I would really like to try everything before I buy it to make sure it is quality stuff, but time/money come into play. Thoughts?
  • Banned
    I need someone to build me micro niche sites
  • Where to start. . .

    I have a couple of sites that don't work and lack the programing chops to fix them. I paid someone good money to design them in the first place. He's left town. In other words, I have both a design problem and a problem knowing how to outsource effectively.

    I'm trying to turn myself from an academic to a businessman. That's a whole new way of thinking. I could write a lot about that, but I won't.
  • The Biggest thing that held me Back was ME.

    Once I got my head set on my model, started working towards it and got a bit of FOCUS it all started to fall into place.

    I am a Success? NO But I am Turning over money and helping people to do the same, sometimes with a simple Kick in the A$$.

    What's holding me Back Now?
    Nothing really, each day I feel I am step closer to my goal, occasionally I get side tracked but Now I can get back on track Faster.

    Oh yeah I got a dictionary and looked up the meaning of the word ACTION.

    Cheers

    Oda

    "NO MORE EXCUSES" Your only holding yourself back.
  • The most important thing I believe they get distract from products to products and get confused.. some one says you need to try mobile advertising and they think "Ohh I am loosing the Opportunity I need buy this product now or there will be saturation in the advertising"

    People always thinks about saturation. If saturation was the factor than why every single day new shops open in the high street, selling same thing every time... new hosting company opens every single day. Never afraid about saturation, there is always room for one. It will be difficult to reach the competition but you can reach.

    Focus is the key, what ever you learn focus and complete it what ever you plan it.. great thread
    • [ 1 ] Thanks
    • [1] reply
    • That's a good way of explaining focus on a focus.
      As for mobile marketing though I find it hard to believe people will tolerate commercialism after all the hype has died away.
      I mean who wants their inboxes pestered anyway, especially when they're busy on the move most part of their life expecting important stuff to buzz their line?
  • since information is overload on internet, sometimes last time it's hard for me to make decision which one suitable to be focused. I think the most important things before we build business on internet is setup your objective & mindset.

    don't ever think you can run your internet business with no cost.. that's totally wrong,
    and that's what i thought, take money to make money, trial error need some cost, study, & learn from IM gurus is a must, buy some software, just try and make some kind of business plan, how much do you afford your money to support your IM activity with a certain time must setup in a good plan before you get your revenue
  • Hey all..

    I recently bought a 246 page book for 15$! Yes its a REAL Book bought from Amazon! This books teaches about the many aspects in internet marketing and how to overcome hurdles! And its not just about internet marketing its also something that you can use on more personal level.

    The book is called "The Chronic Marketer" by Brad Gosse! - I highly recommend it! And its probably the best 15$ spend into this business so far! Though most of what he writes about I already knew, but all that knowledge I have been scraping together from many sources so it sort of just re-affirms that my knowledge about internet marketing is correct and that many of internet marketing strategies should work!

    However there is only one thing holding me back! - No money to actually get started! Well.. I decided that now is the time and I will deal with my bank problems later, so I took around 100$ and invested into a site, my site! And are heavily working on driving traffic to it, and are doing what I can to convert the best!

    As Mark says, if you want something bad enough, you'll go for it! If not, then you didn't want it that much after all!

    Though I have a clear vision/idea about the business model I aiming for, so Im hoping this campaign will bring enough commission to the table! Because a lot of different techniques and strategies will used in the business model - advanced but yet simple business model which Im working on!
  • My biggest problem right now is getting private clients for my freelance writing business. I've been freelancing for several years, but it's mainly been for various different content mills around the web. I'm trying to find private clients, but I'm not having much luck. I've tried Odesk, vworker, fiverr, fittytown, craigslist (posted my own ads as well as responded to ads.) I can't compete with the people on Odesk and vworker who will work for next to nothing. So, that's my issue right now. As soon as I get my first private client, I will be a happy camper. Until then, I'm just going to keep at it.
    • [1] reply
    • Banned
      Yes Paul. Understood.

      Urgent now is the provision of working capital, both online and offline, In addition, mental readiness and promotion strategy should be further strengthened

      On your first point, what do you want to achieve?

      What is your goal?

      What is your objective?

      Second point, mental readiness and promotion strategy are two separate entities. See above. Explain this in more detail and I might be able to help you.

      sometimes do not focus on a business online and offline

      Focus is everything in this business (Internet marketing). If you haven't got focus it's because you haven't got a plan.

      What is your business plan?

      What do you want to do?

      What problems do you want to solve for other people?

      Only the market determines who stays in business and who does not stay in business. Without a plan, without focus you don't stand a chance.

      Which comes back to my first point above. You need to answer these questions first before I can assist you further.

      choose a focus area and try to not be easily tempted by other fields,

      Same advice applies again. At the moment you're like a boat on a fast moving river trying to navigate the channel without a rudder. You're going to collide with something fast if you don't know which direction you want and/or need to be traveling in.

      about online strategy, perhaps through advertising or seo social media

      Self confidence and tutorial how to seo and promote via social media

      Again, what is your specific business or intended business?
      Hello Megan

      The perfect person you can contact instantly without any shadow of doubt is Arfa Saira, my former business partner. She has the precise solutions you need at this website...

      Freelance Writing Coach (Cool domain name huh? I found this one for her).

      Here in this program you'll find all the information you need to bring in those high paying writing gigs.

      You can also check out her 5 in 1 PDF download, which is jam packed solid with excellent information to help you with your writing business marketing plan.

      Here you go, for a tiny $7 investment this information is worth it's weight in gold and will definitely help you on your way with your specific problem...

      http://www.warriorforum.com/warrior-...e-reviews.html

      Arfa Saira is a superb writing coach with quite incredible marketing skills to boot. (Plus she's one of the top copywriters in the UK trained by the legendary Paul Hancox - one of his star students in fact).

      Kindest regards,


      Mark Andrews
  • Mark,

    Thank you for the information you provided. I am definitely going to look into the products you recommended.
    • [1] reply
    • Banned
      Let me know how you get on Megan and thanks for the thanks.

      I hope ultimately the provided info is useful to you.

      Warmest regards,


      Mark Andrews
  • Just your negative thought is a big hurdle

    SO BE POSITIVE YOU WILL BE THE WINNER IN ONLINE AND OFFLINE BUSINESS.

    People believe that Money Attract Money. Every Individual have magnet of money which can easily attract money. I think luck is the sense to recognize an opportunity and the ability to take advantage of it. Everyone has opportunities. The man who can smile at his breaks and grab his chances gets on. Think your self a magnet of money that attracts money easily. Yourself is the best source to attract online money and promotion of your work too. Your thinking grabs the sources and will show you the best result of your work in your online or offline business.

    Just a point I copied from my article for your question my friend
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