5 Characteristics Of A True Internet Business!
Welcome to e-Learning website. This is your opportunity to enhance and grow your skill-sets as we will assist you with the proper tools that you will need to build a successful business. So, without further due, let’s get started!
1. Value Proposition
A true internet business has a value proposition, value has to be offered in exchange for $$$. If no true value is being offered, it means you are not running a true business yet. This value may be in form a product, a service or a solution, so long its something people are willing to pay for being valuable to them.
A true internet business is sustainable, it can’t be here today and gone tomorrow. It has to be based on an idea or a model that has the potential to stand the next 10, 20 years. Remember it’s not a get rich quick scheme, rather it’s a fully fledged business just like any offline business. Hence if what you are currently into doesn’t have the potential of sustainability, then it’s not a true business you are trying to build.
A true internet business must be scalable, that is, it has the potential to grow in revenue and profit if more marketing efforts or factors are invested. More so, remember that the internet gives you access to the world at a go, so a true internet business must have this quality.
4. Asset Base
Just like any offline business, a true internet business must have an asset base, in fact, the asset base of any business gives you it’s true value, whether offline or online. Many times, the assets of an online business are digital, like a business customer base, subscriber leads, website etc. Whatever online business you are currently into, ensure you start building an assets base for it, otherwise, it means you aren’t planning for the future nor for the raining days.
Automation gives you one of the reason most marketers are online today, myself inclusive. A true internet business should be built on a pre-established system of operation so that you do not have to be bodily available for things to get going
That’s it pal, you can now go ahead to answer the question!
The 5 characteristics I just shared will help you re-discover yourself with regards to your hustle online.
Before I go, felt I should let you know that the biggest opportunity on the Internet Marketing space this year is closing today for good!