Running a online venture is so easy anyone can do it – sitting around in your pyjamas answering a few emails – right? Making money whilst sipping a margarita on a sunlit beach is everyone’s idea of a successful business – but is it all hype?I hate to break it to you but to make an online business successful, you need to realize that hype is just that – hype. Let’s explore some common misconceptions:There’s less competition – Compared to traditional businesses, competition online is fierce and fast. You have 3 eyeball seconds to interest your customer in your offering. They can move on with the click of the mouse and they will, unless you can draw them in to enjoy your particular brand of the online experience.There’s no overhead: The only overhead you don’t have in online business is retail rent, that is if your business sells products. Unless you are running your business out of your home, which is a great way to start, your business will need premises eventually as well as staff and all the other business tools traditional businesses use.There are no barriers to entry: It’s true that anyone can start a website, but making it successful does have barriers to entry. For example:

Trust – Many consumers still don’t trust websites, how will you build trust in a sea of websites?

If you build it, will they come? – It takes time for a website to list on search engine results. In the meantime, how will your customers know your website exists?

Difficult Suppliers – Each industry is different but some suppliers will refuse to sell to you when they find out you’re online.

Price – Remember my first point about competition? Price comparison online is easy, and the switch for a $2 saving is just a mouse click away.
I can work in my pyjamas: You will definitely work in your pyjamas, late at night catching up with overseas suppliers in a different time zone!I won’t need to pay anyone: If you want to start an online business, chances are that you are awesome with computers. But what about HTML, SEO, eyeball seconds, conversions vs. visits, abandoned carts, FTP, API, product feeds? Eventually, you will need to hire an expert or two.Don’t get me wrong, I love online businesses and there will be points in the life of your online business when you have a clear advantage over the bricks and mortar competition. But the truth of it is that a successful online business still needs investment in time and money, commitment, passion and a drive to solve problems quickly.The good news is that there are solutions to every business problem, so if you have a passion for online business then I say go for it! Just make sure you enter the sector with your eyes wide open, plenty of investment dollars, time, patience and a willingness to see past the hype – in the end it’s worth it.

Yes, one of the best ways to start on an online business is to do something you already know well in your life. Have you had some sort of experience or gained expertise in your life.You might feel a blank moment coming on right now… but everyone has lived and experienced life in some sort of way and learnt something from it.Or you have learnt a skill from a former job, or in fact a job you are doing right now.I want to clarify these most important things right now. Not only for the new people who are thinking of trying to start an online business for the first time, but for all those people who have already tried a new online business and it is either not going well for them or they gave up too early.I want to say that like most things, failure is only a setback not a result. So lets get you on the right track in getting back into either, trying your online business again, or for those people who are just starting an online business for the first time.Let’s get straight down to some points that are the most important thing when deciding what sort of business you want to do and how to begin.

What sort of business theme do you want to do?

What sort of business do you want to do online?

The best place to get started.
What sort of business theme do you want to do?As I have mentioned previously, you have had many experiences in life and have learnt allot through them. Can’t think of anything right now?… this is where you need to get your pen and paper out and start writing down these thoughts, and run with them.There are many different areas you could get into, say you are interested in, or have experience in farming. You have learnt so much over the years, the trials and pitfalls of your trade. Or you might have a hobby that you have done for years and have a wealth of experience in doing it, where to get your supplies from and how to take shortcuts that you have learnt through trial and error.Are you seeing the picture now? it does not matter if its your work, hobby or an experience that to have learnt from in your life, no matter how trivial it might seem. To other people who might be going through this exact thing in their lives right now, you might be able to have many answers that they could be looking for.So get that pen and paper out and start writing down what interests you, what you have learnt, and your knowledge in a certain area.What sort of business do you want to do online?In fact, there are many different areas you could do in your online business. Knowing what sort of area or areas you want to do is a matter of your own personal choice, this is something you need to look into.There are such areas as: affiliate marketing, writing for others, lead sales, referrals, and the list goes on. But you do need to know what all these terms mean and learn about them and what would suit your area best.You may have done an accountant course and you would like to have clients, but don’t want to go to a 9 to 5 job every day; or you just want to do part time work. You might like to do it as a secondary job on the side to the job you already have.Now… on the internet where you can reach almost anyone in the world these days, you a have a vast audience of prospective clients to work for. And the best thing about starting an online business is that you can work over the internet and where there is an internet connection you can work any hours and in any place you like, even in a swamp if you so choose.The best place to get startedThis is an area that is most important and we need to cover it, in more detail…All that we have talked about can come to fruition. Like I said previously… I have spend hundreds of hours and many years studying up on online marketing and still, to this day, it is forever changing.Why? you may ask… the world changes, trends change, and needs change. If one country goes into a recession and another comes out of recession, nothing stands still, so you need to change with the trends and world climate as well.Also I want to tell you that there is allot of noise out there… what is this I hear you say? when I talk about ‘allot of noise’ its like the radio waves that are bombarding us every day, floating around in the atmosphere. But what if you did hear all the noises, you would get confused with what to listen to, am I right!Welcome to the internet, the world of business. And it can get quite confusing out there. You hear one thing and you hear another, then the trending lists of what’s going on, and what’s best to do at the time, you could go crazy with trying to take it all in.Some of this information is beneficial for you, while others are not. You also have to look out for the scams and the people who are trying to make money selling you something to help your business (so they say) that you don’t really need. You need to get back to basics and clarify what is best for you now. Start fresh and simple, this way you will gain more knowledge and progress further at your own pace. I have seen too many people try to get ahead of themselves and fail. And fail in big numbers!I have been there also, and gotten up and started again; re-learnt and worked out what I have done wrong. I have got too far ahead of myself and wasted precious time. But I have learnt allot. And that’s what its all about. Starting an online business is much more mature in structure these days, the internet and selling have come a long way from what it used to be many years ago.So to sum everything up… are some words I want to give you to start you on your way. I am not saying you are not going to muck up and make mistakes, that’s just part or learning. But this is a constant game of learning to keep up and shine your own light of success in your online business.I still make mistakes and have lost time thought either doing something the wrong way or a slower way. Not taking in everything I should have, and had to go back an re-learn the right way. But what I can say is that we all need to learn and I found the perfect place to do this and with everything at your fingertips and even a forum to chat with other members which is very enlightening.It does not matter in the future if you stick with them or not, even incorporate them into your business and also branch out on your own as well. But to start with them, cuts out allot of that noise and you really get to learn the foundations and really know what you need to learn on starting an online business and I recommend them whole heatedly to get you going. You might like it so much you may not want to leave, but if I had started with them firstly, it would have saved allot of time for me.Not only do they help you decide what you may choose to do, and how to do it. The different selling areas and jargon as well. You get access to tools that would cost you so much elsewhere individually. And all the advise you need. Avoid all the noise and go with one teacher who knows what they are talking about. Because going it on your own could lead you to other teachers who claim to know what you need to learn, only to withhold the last bit of information of success that can lead to your time wasted and failure.As I say, build a good foundation and then you decide where you want to go from there, stick with them or not, but you need the right knowledge to start with, then you will have more of an idea when other online teachers are trying to trick you out or your money, or not. And I am still watching out for these scammers, and sifting through what is good and what is not to this day. And the right knowledge will give you this power also.I am going to give you a link that you can go to on my site and you can go and have a look at it for yourself. When I joined, there was no free trial or pay as you go every month. But now there is and they have also expanded into word press, you don’t have any worries about being tied down to a long term investment.What I can tell you is my respect for this system and how much I have learnt from it. If you start no where else, start here. I wish I had that opportunity. But… if nothing else, read the wealth of free information they have on their pages, I will also grab some of these links and put them on my page for you. And they also teach you in video format, if you like… (which I love).Don’t be afraid to start again in starting an online business, or starting an online business for the first time. One of the biggest things for failure is lack of the right knowledge, determination and discipline.If you need more discipline in business, that’s what my website is about. Go have a look for your self.

You should consider getting a commercial hard money loan only after you have reached the conclusion that you absolutely will not qualify for a conventional commercial real estate loan. The decision, although tough for most commercial funding recipients, is pretty easy. Either let go of your commercial real estate or accept the terms provided by your commercial hard money lender.Commercial hard money lenders are essentially your last resort to finance commercial real estate. You are receiving one thing that’s extremely useful in exchange for the relatively high cost of a commercial hard money loan. That extremely useful thing is time. Time for repairs, time for restoration or whatever the difficulties that you’ve gotta surmount are. Whether it is taking your business back to profitability, reducing your debt, time to continue leasing out your commercial real estate, or to restore your own personal credit. We’ve seen so many borrowers end up letting their egos get in the way and turning this event into something it’s really not.The truth is that, it’s basically an act of courage since you are actually facing the issues you confront head-on and dealing with everything at once, so you are eventually able to to resolve it. And no matter how bad it really is, you can take some pride in that. A whole lot of people today have a tendency to hide from reality and let their problems overwhelm them.Remember the old saying: “comparing apples to apples”? You simply can’t compare commercial hard money loans to traditional bank financing, which you may have been eligible for 3 or so years ago. However, these days, you’ve really gotta be realistic and compare your intended financing to your existing alternatives. Here’s what your choices are: 1) Team up with a business partner. 2) Relinquish your entire business. 3) Lose your commercial real estate to foreclosure or other mishaps.Let’s say you own a commercial property that’s worth $2,000,000 and you owe $500,000 on it. So, you’ve got $1,500,000 in equity that you could possibly lose versus paying for high-priced commercial hard money loan. Or say you take on an incompatible business partner who just because you’re pressed for time and need the money. Now, you have at risk whatever equity you’ve got in the property, and then you create further legal difficulties by needing to dissolve your business relationship with that business partner. And if things eventually work out with your business partner, you may even need to trade off a lot more with your business partner than you would otherwise spend in fees to the lender.Most commercial hard money lenders charge you 6% on the front-end of loans, which is clearly pretty darned expensive. When you’re dealing with terms like that and you want an additional $500,000 to bring the total loan balance to $1,000,000. You’d have to pay $60,000 in fees–in comparison with losing $1,500,000. It is pretty difficult, yet straightforward. So, please don’t let your ego get in the way of your commercial real estate financing decisions. Just face your issues head on, and deal with them one by one.