Taking your online business ideas and turning them into a successful business takes skills, practice, determination and hard work, but it can be a successful business. If you are starting a new social entrepreneurial business, using on the online community is smart and necessary. There are things you can learn from those that came before you to make sure that you can find success. Don’t try to blaze a trail all the time; learn from those who have made mistakes before you.
Tips for those with Online Business Ideas:
• Foster your online customer communities. You might have established a company Facebook page or funded your business through a Kickstarter campaign, but what are you doing with it now? You can’t forget about these supporters, as they will be the people that spread your mission and market your business when you need it most. These people are your core constituency, and you need to make sure that they stay happy. You can do this through transparency, good communication, and attention. People like to be rewarded, and this doesn’t necessarily have to be through freebies (although those are nice too). It can even simply be an expression of gratitude for ongoing support.
• Look to your online community supporter for good new ideas too. Don’t ignore their opinions either. If they love your company that much, they probably have some good ideas about new opportunities or directions you can go in, or provide valuable feedback as to where you can improve. Don’t be so obtuse that you can’t take constructive criticism; this can even be a great source of new revenue for you.
• Respond to needs. You have probably complained about something that you have experienced from an online retailer, service or merchant. Put your money (and your heart and soul) where your mouth is and create a solution to that problem. You probably aren’t the only person that has ever had that same issue, and solving that problem with a better solution can mean a valuable new business.
• Don’t be afraid to outsource. Oftentimes when people start their own business, they feel the need to control everything. However, this can be a business’s downfall. Farm out the stuff you aren’t good at, and don’t get so behind in some parts of running the business that it hurts you in then. You can’t do it all, so don’t even try.
If you have a good business idea, don’t just push it under the rug. It probably really is a good business idea, and foster it. Develop a business plan, and employ sound business strategies. You might surprise yourself and find yourself with a new career, and one that you will be happy about waking up and doing on a daily basis.
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