1. Position yourself as a leader. Entrepreneurs lead the way. But positioning yourself as a leader is not just about having the right answers – odds are you won't have the right ones in every situation. It’s more about knowing where to find the answers. You’ll have to make a lot of tough decisions in your new line of duty, so you need to have confidence in the decisions you make on a day-to-day basis.
Author, speaker, and the founder of Quiet Power Strategy®. Tara works with business owners to help them transition into more profitable business models, more compelling messaging, and more influence. She's featured in Fast Company, Forbes, Inc, and DailyWorth for the work she's done on TaraGentile.com. Here's Tara's take on the biggest mistake new entrepreneurs make when they want to start a business:
3. The tag. Visit your website. Look at the very top of your browser window. What do you see? Does it describe the page you’re looking at? Is it a unique description? Does it contain the keywords you want people to associate with that page of your website? If you’re a local business, does it contain your key local search keywords? If you can’t answer ‘yes’ to all these questions, check out this article all about title tags. </font > <br><tt >As someone who's been immersed in a number of online industries for quite some time, I know a thing or two about what it takes to succeed in this arena. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. What I learned along the way were some invaluable lessons from failure that hurt at the time, but helped immensely in the grand scheme of things. </tt > <br><sup >The best time for posting is individual for every brand. So, if you want to create a successful online marketing strategy, you will need to refer to your social media insights. Luckily, the majority of social media platforms provide businesses with the information regarding their post views, user engagement, customers geographic, their age, as well as the time when people are the most active. Also, use Google Analytics in order to see when your content is the most popular and share publications around these times for better results. That's #13 on the list of the most effective digital marketing tips for small businesses. </sup > <br><pre >Another Internet marketing trick that we have seen great results with is buying multiple domain names with your niche's heaviest keywords and phrases within the URL and setting up blogs on them. This Internet marketing tip has to be utilized carefully and here are some pointers. DON'T just throw duplicate copies of your main blog on them, this will get Sites blacklisted from Google very quickly. </pre > <br><b >You’ll probably need a good track record and a slew of testimonials to back you up, but the business coaching industry is on the rise—so now’s the time to join in. You can charge anywhere from under $100 to several times that, depending on your credentials and effectiveness, and it’s perfectly acceptable to coach over the phone or video chat instead of face-to-face. </b > <br><h3 >Owning a “real” business means you need to think about bank loans or financing, leases, maintaining inventory, business insurance, finding staff, training staff, etc. You then need to factor in finding a prime location for your business. If you don't have enough footfall then you can expect to be shutting up shop in as little as a few months. In fact, 50% of small brick-and-mortar businesses fail within their first 3 years. <iframe width="560" height="315" src="https://www.youtube.com/embed/n9nuCBfqPvM" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe> </h3 > <br><sup >"Instead, work to come up with a creative solution that costs little to no money. That forced discipline will help you spend less than you make, even when you’re not making a lot. Sometimes capital is necessary, but at some point there must be return on that capital. There’s nothing wrong with taking equity investment, investing for the future, even losing money for a few years. But your plan has to get you back to that simple equation of making more than you spend." </sup > <br><u >The basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain a large inventory (or any inventory whatsoever) of products or handle any delivery to your customers. That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world. In fact, you don't have to manufacture or store any products at all. </u > <br><sup >Econsultancy – Listed 7 out of 20 times, brings online marketing news and analysis stories that are quoted elsewhere often. This is one of the top digital marketing blogs that covers all the aspects of internet marketing and even more specific niche industries. They offer practical advice for marketers along with innovative trends. It is also a good place to find current online marketing stats. <iframe width="560" height="315" src="https://www.youtube.com/embed/oerAJaH95OY" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe> </sup > <br><em >From an institutional perspective, it's worth noting that most universities don't break even on their tech transfer operations. Patent prosecution and skilled staff are expensive and difficult to justify solely on the basis of economic return. It can be very difficult to determine which technologies are worth pursuing at the early stage at which they are disclosed in a university environment (WAY before VCs make their decisions, with typically a 1 in 10 hit rate for big returns), but even so, many investments need to be made with low hit rates for a financially successful outcomes. Less than 1 percent of university inventions generate more than $100k in licensing revenues (per analysis done at Stanford). </em > <br><sub >You want to crush your competition when it comes to the professional look and pinpoint accuracy of your internet marketing methods. It is important to you that you are seen as the business that all other business look up to in this respect. Use this article for guidance. You should make it an option for users of your site to buy products at retail or wholesale prices if you want to increase sales. A good idea is to require users to purchase a yearly membership in order to be allowed to get things at the wholesale price. </sub > <br><font >Despite Instagram's growing popularity, not all brands know what they're doing on the app. If you have a background in social media and marketing and a passion for photography and Instagram, starting a consulting business that focuses on the popular photo app can be a great way to make money while helping other businesses improve their content and thrive. </font > <br><u >However, if you do understand the mechanics of paid advertising, then you could easily launch an ad management business. Considering that ads are fueling the growth of tech giants like Facebook, Instagram, Google and YouTube, with loads of others coming into the mix, understanding and navigating the murky waters of paid advertising could poise you to reap massive riches.  </u > <br><font >UK spend on online video has seen 13.5% year on year growth, and now exceeds spend on TV advertising.  (PriceWaterhouseCoopers) Hundreds of statistics like this have meant that businesses have to produce videos. Well, they don’t have to, but if they don’t, they are going to be missing out. Video platforms are just another avenue to acquire potential consumers. You can offer video packages from £50-5,000 and beyond. Select your target market and market to them effectively. </font > <br><tt >It wasn’t until I decided to focus in on just ONE strategy, creating an incredibly high-value virtual summit, that I started to make serious progress in my business. After several months of super-hard concentrated effort, I launched the Branding Summit at the end of 2014, one of the largest virtual gatherings of experts on personal branding anywhere. I grew my email list by almost 3,000 highly engaged subscribers in a few weeks, and generated $20,000 in profit -- much more than I’d earned up to that point!" </tt > <br><font >There are several strategies that an organization can employ to reach out to their target markets on one of them is online marketing. If you have your own products or you choose to sell other people’s products, the internet is one of the cheapest and perhaps easiest ways of marketing goods and services. All you need to do is to sign up with an organization and they will assign some leads to you, you duty is to follow up on them until you generate sales from them and then you will be paid your commission. Following up on them could be sending reminder emails, chatting with them and also video calling them et al. </font > <br><sub >Holly told me she started writing content in 2011. At the time, she still worked a full-time job but created content online part-time to supplement her income. Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing. </sub > <br><em >Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link. </em > <br><u >The cornerstone of your affiliate business is about setting up a website that's focused on a specific niche. You research low competition keywords for that niche, with the aim of ranking on page one of Google for those keywords. People visiting your site then click on a referral link, and if they make a purchase at the destination store, then you get paid a commission. That's why some people call it “referral marketing”. </u > <br><sup >So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future. </sup > <br><pre >It wasn’t until I decided to focus in on just ONE strategy, creating an incredibly high-value virtual summit, that I started to make serious progress in my business. After several months of super-hard concentrated effort, I launched the Branding Summit at the end of 2014, one of the largest virtual gatherings of experts on personal branding anywhere. I grew my email list by almost 3,000 highly engaged subscribers in a few weeks, and generated $20,000 in profit -- much more than I’d earned up to that point!" </pre > <br><strike >Here are my recommendations for the Financial Industry.  In 2016 investors hope not to drop the ball by missing out on a big opportunity in one sector or hanging on too long in another. Here, we present 10 sectors to watch in the new year, with financial and industry authorities weighing in on the potentials, opportunities and pitfalls to consider. You may also enjoy my Free Daily Signals. </strike > <br><em >Signing up with Google AdSense will enable you to make money from advertising on your blog. Google AdSense will place relevant ads around your site, and if your site visitors click on these ads, you will earn a fee. Although each click only amounts to small change, if your blog has high levels of traffic and lots of page views this will quickly amount to a reasonable sum. </em > <br><b >Let’s say you are the richest, most skilled young person in the world. Unfortunately, you are still going to have trouble starting up a company, and this limitation to your success is by far the most frustrating. Most businesses file for incorporation, hold a business account or a credit card. Shockingly, all three of these things are illegal in many countries if you are under the age of 18, making it not only hard, but illegal to start a business. </b > <br><strike >Normally you’ll be asked to test a few websites by visiting them and to document and record your reactions and thoughts as you go through it. It’s really easy to get set up making extra money online by testing websites. All you need to do is sign up to the following services: UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (UK only), or Side Income Jobs. </strike > <br><u >If you have an eye for design and some experience of creating websites, then you could offer your services as a freelance web designer. You will need to create your own stylish website and have a few other projects that you can show potential clients to demonstrate your skills. You will also need to initially spend time emailing businesses to promote your services and find work. </u > <br><i >Many aspiring entrepreneurs think that fast, rapid growth is the sign of a successful business. However, most businesses are built slowly, over years and even decades. Whenever possible, entrepreneurs will build slowly, starting with the very first sale and crawling forward. Building slowly allows you to learn and make adjustments before plunging headfirst into the business. Dealing with new situations provides valuable on-the-job entrepreneurship training you won’t get from any formal degree. In many cases, entrepreneurs will keep their day jobs while building the business in their spare time. </i > <br><u >Many people fancy themselves as designers. If you have a unique idea for a new product then it may be time to get it designed. This can be a long process involving prototypes, discussions with factories, package design, and much more. However, the profits once the product is on the market could be substantial. And remember, with Amazon FBA, your products can all be stored and shipped by Amazon, giving you time to think up your next invention. Learn more about Amazon FBA with my How To Start An Amazon FBA Business Guide. </u > <br><i >Matt is the CEO and co-founder of Case Escape. After receiving his MBA from Chapman University at age 23, Matt started his first business in California (which we started together back in 2013) and has since grown it into a worldwide business with over 100 clients and counting. Case Escape was founded with the goal of helping 1,000 entrepreneurs start their own phone case business. Here's his best business advice for first-time entrepreneurs who want to start a business of their own: </i > <br><small >Dating sites and apps are extremely popular and have become more and more niche as the industry develops. They can also be very profitable, as there are many ways to monetize them. You can charge a joining fee, provide premium subscriptions, or make money from advertising on your site. White Label Dating provides a pre-built dating platform for your project. You simply choose the niche and branding for your new dating site. Once your website goes live, you just need to promote it, manage the users, and collect the earnings. </small > <br><font >If those three things describe you, then think about becoming a virtual assistant. What exactly you’ll do depends on what your skills, experience, and network of contacts are, but you can expect tasks from data entry to customer management, research, scheduling, and more. And of course, like all online business ideas, you can do this one from anywhere. </font > <br><h2 >E-books represent about 20 percent of all book sales in the U.S. The good news is you don’t have to be a publisher with deep pockets to get in on the action. As a solo internet entrepreneur, you can sell ebooks directly from your own website. You can sell your own works or sell a public domain work. Simply upload it to your website (or seller account on Amazon) and start publicizing it on your social media platforms, on your email list, your blog, website, etc. </h2 > <br><sub >Hootsuite – Listed 4 out of 20 times. Like Buffer, Hootsuite is a very handy tool to help schedule and monitor all of your social media activities. They also have been around for a while so they should know what they are talking about. Their latest trending posts are about: (i) How to Get More Facebook Likes: 10 Tactics That Actually Work, (ii) 40+ Useful PC Keyboard Shortcuts for Social Media Pros, and (iii) How to Advertise on Facebook: The Complete Guide. </sub > <br><i >Canva’s blog started out as a hub for graphic design ideas and advice, but it has since evolved into an all-inclusive branding, social media, marketing, and design blog. As you can imagine, Canva takes visuals and design to the next level with their content, so it’s easy and enticing to consume. A great read for anyone looking to fine-tune their branding, design, and visual content knowledge. </i > <br><font >If you're at all interested in starting your own online business, there's no time like the present. We live in a golden age of wealth. As much as the media tries to glorify the perils of our society, we actually live in a time that's ripe with opportunity and the potential for monumental business growth at a scale never before experienced. 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