Wednesday 19 May 2010

How To Become A Successful Online Entrepreneur in 2010!

How to Become a Successful Online Entrepreneur in 2010
There is no doubt that in these uncertain economic times MILLIONS of people would like to know exactly how to become a successful online entrepreneur without remortgaging their home or getting massive bank loans!

For a start let us take a look at the dictionary definition of the word entrepreneur. I think we need to be clear about what exactly an entrepreneur is before going any further, as the word get misused daily.

Cambridge dictionaries, define an entrepreneur as someone who starts their own business, especially when this involves risks!
Risks, I here you say... doesn’t that mean risking MONEY?

So, there is no confusion here. It is very clear.... If you start your own business you are an entrepreneur but it does seem to have to also include an element of risk. But the risk does not have to be massive financial risk.

You could argue that any new business involves risk and that is certainly true, but successful entrepreneurs are willing to take much greater risks than your average new business starter and why not they have experience and spare cash.

How exactly do you become a successful online entrepreneur?
Well that has to be the million dollar question. If there were a prescribed and reliable formula, we would all be multi millionaires. There would be no risk and so paradoxically, perhaps no more entrepreneurs!

There are certain characteristics that successful entrepreneurs seem to possess, such as:
1. Total dedication.
2. Goal Orientation.
3. Self Motivated.
So what drives an entrepreneur and what makes them different to most other people?
What is their vision compared to other people?

For certain there are a number of qualities they all share and without them, they would probably not be entrepreneurs.

Entrepreneurial Qualities:
You could say that any person willing to work hard at their own business is an entrepreneur, but it has to be more than that. Many people try unsuccessfully to make it on their own, and many, in fact most fail, often just giving up because their efforts do not produce the hoped for results quickly enough.

The true entrepreneur is remorseless in the pursuit of their goal. For them it is as much about achievement as it is about money, but the money, as you might guess, is the real proof of success. Society no longer views anyone a success who does not make money in business.

Entrepreneurialism has making money at its heart but the means to achieving this is almost incidental.

You could sum up the major qualities of a successful entrepreneur as follows:

A successful entrepreneur thinks outside the box and is never satisfied with mediocrity in any part of their life.

A successful entrepreneur is not necessarily obsessive, but is extremely highly motivated and committed to achieving their goals.

All successful entrepreneurs leverage the efforts of others. This is a good and beneficial thing as long as it does not involve exploitation.

No obstacle, other than death maybe, is too difficult to overcome. Where there is a will, there is a way. It is all in the mindset! It’s not what happens to you on your journey – but how you react to what happens that matters.

There is no giving up, even when the road to success is full of potholes or in my case grand canyon’s!
The successful entrepreneur will do whatever it takes to reach the goal even if it means starting all over again.

The successful entrepreneur must be able to handle both risk and stress. If not, burn out is extremely likely in a short period of time.

So where does that leave you? Maybe you are put off already?
It seems clear that the online entrepreneur is a special breed – YES that’s true but they are created not born.

Is it your intention to become one or are you already an entrepreneur?
Do you think you have at least some of the above qualities? You will probably need them all unless you just happen to get lucky in some way. If you don’t have them all are you willing to be mentored into learning them along the way?

The new breed Online Entrepreneur!
I believe a new breed of online entrepreneur is emerging in 2010. They have all the necessary qualities of determination but are of a different mindset and they want success quickly... In our fast paced media driven, roast dinner on demand world, delayed gratification is becoming as exclusive as the DoDo.
These New Breed Entrepreneurs conduct most of their business online, often utilising powerful management software, automated CRM’s and virtual products and or services.

But it is not just about making money for many of them. Many of them want to help people SAVE money and some are also dedicated to helping others succeed in business and often set up and special ‘mentoring project’ to achieve this. This is not a show of wealth but a genuine act of benevolence with the belief that “You Can Get Everything You Want In Life As Long As you Just Help Enough Other People Get What They Want”. Quote Zig Ziglar.

With this in mind, perhaps there is a further quality we should be adding to our list of what it takes to become a successful online entrepreneur.

Sharing success with others and especially with those whose lives are deprived or impoverished in comparison to our own.

The new successful online entrepreneur is most likely an online operator because it is more than possible to have a great deal of success, even just working from home.

The risks are much smaller when working online and it is a relatively inexpensive start-up compared to most traditional businesses. In fact my own research has shown that the startup costs can be as little as 1% of traditional start up costs.

The secret of how to become a successful online entrepreneur is quite simple. You need a proven system that can easily and quickly be tapped into where all the hard work has already been done for you. You just buy into the ride.... so to speak.

There are many offers available but the best solution has to be a best of breed, online service, repeat order with a residual income component built in.

I would not involve myself in any other kind of business.... and believe me over the past 20 years I’ve seen them all.
Think about how many people you know with computers at home! Now think of how many times you have heard about someone losing their data, photos, music, movies and more due to fire, flood, virus, theft or hardware failure.
Now think about how many people you know that are worried about what their children are looking at on the internet and how many spam emails they get.
Now consider the risks with computers in the home:
• Fire – 3.7 homes catch on fire every second, that’s 117 Million a year.
• Flood – Depending where you live your chances of being flooded are either 1 in 75 or 1 in 200.
• Virus – A new virus is released every 30 seconds, that’s over 1.2 million a year.
• Theft – A laptop/computer is stolen every 30 seconds.
• Hardware Failure – 1 in 10 hard drives fail in the first year.
• Spam Emails – More than 1.4 Million Spam emails are sent every second, that’s 46.7 Trillion a year.
• Identity Theft – 1 out of 10 people will be a victim of identity theft a year.
• Cyber Crime – In 2009 Cyber Crime will cost consumers in excess of 3 Trillion US Dollars.
• Pornography – 90% of 8-16 year olds have viewed pornography whilst doing their home work.
The average age of the first internet experience exposure to pornography is 11 years old.
The risks have never been higher – computers have changed our lives forever, but have also exposed us to a level of risk, we have never experienced before.
It’s not a matter of if something will happen; it’s a matter of when.
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Why not capitalise on a 600 billion dollar market and cash in.
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Now... Imagine building a team!
By teaching others to do exactly the same thing, you get paid for their efforts as well. The more people you teach to be successful, the larger your team will grow and the more money you are able to make.
DaVaSec™ is also the low-cost way to own your very own successful online business. No Stock, No Parties, No Hassle, No Risk.

DaVaSec™ Income Potential
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