Comments on: Why Most Online Businesses Fail And Why You Should Start One Anyways

By: Jerrick

Jerrick — Tue, 05 Apr 2011 04:25:32 +0000

Everyone thought that online business is a place to earn fast money
It actually wrong. I just same with the physical business. What different is it more easy and less cost to start a business. Seem there are lot of case study of fail in business online. Why not go for the you be the second follower and learn from their mistake and solve and prevent those issues and build your business up.

By: Steve

Steve — Thu, 17 Feb 2011 15:36:00 +0000

@Jessica
Free webhosts always impose heavy restrictions on your website and you absolutely can’t depend on a free webhost for a mission critical business. Trust me on this. If you can’t afford 5-7 dollars a month for a shared host, don’t even bother starting your business.

As for Paypal, we lost a lot of money using Paypal Standard which takes customers off of your site and heavily influences them to pay with a Paypal account. The majority of customers will pay by credit card and unless you accept them directly, you will lost out on a lot of business.

Working with overseas vendors is tricky and it’s almost required to go visit them directly. It’s a different culture and business is based more heavily on relationships. Sure, you’ll probably be able to find vendors online, but you might have a harder time getting quality product or goods made to your specifications.

By: elsie

elsie — Wed, 16 Feb 2011 19:16:51 +0000

Steve – great content. I am really enjoying your blogs. Just wondering if you ever had answers for Jessica’s questions.

By: Morgan

Morgan — Thu, 10 Feb 2011 20:15:28 +0000

Hi Steve!

I’m in love with this article.

It’s all about staying the course and doing what you do best. You WILL get noticed in time, but it just takes a little bit.

Those over night successes…where are they now?

Instead of desiring for the quick path, desire for the slow and steady path which will inevitably bring in far more revenue, relationships and business.

Kudos for this!

By: Why online businesses fail…and why you should try anyway « Voice123's Blog – Voice the Dream

Thu, 10 Feb 2011 20:01:35 +0000

[...] Today, we wish to share with you a business blog about why online businesses fail, and yeah…why you should try anyway. For all voice talent, the Internet can be quite tranquilizing, if you believe working online is a shortcut to starting a voice over career, or merely a continuation of what you did offline. If you started as a voice talent 40 seconds after reading this, or 40 years ago, and wish to work online, this blog is heavily suggested for voice talent. [...]

By: Jessica

Jessica — Tue, 18 May 2010 22:14:21 +0000

Hey there! I just signed up for your newsletter and am loving it so far.:)

My husband and I have been back and forth between starting a brick store, or an online. Drop shipping or wholesale shipping?So many choices!!

I have been researching online for over a year now and have finally decided to start (well it didnt take me that long to decide, but I had our daughter who had health issues and passed away at 3 1/2 months of age).

I do have a few questions for you… first off, why do you not suggest a free host such as angelfire and etc…. also I noticed you said you lost money,basically,using Paypal. Why is that? They are secure and do money back guarantee with customers. I know I purchase alot online and that is only way I rather check out is Paypal.

Also, I can not really fly overseas to go to conventions and etc.,but who is a trustworthy online over seas company to use wholesale who does orders smaller than say $1000.00? I found liquidations.com here in the states…do you know anything about them?Are they trustworthy?

Just wondered your input on these things.Sorry to bombard you with a million questions..but you do great work and I would love to see your site!!!!!!Thanks

By: Alexa Samuels

Alexa Samuels — Sun, 02 May 2010 15:37:05 +0000

@Alana, I believe Thomas Edison was quoted: “I have not failed. I’ve found 10,000 ways that won’t work.” How’s that for a positive spin!

By: Alana

Alana — Sun, 02 May 2010 14:12:47 +0000

Truly great article even though someone entirely miss the essence of what you had posted. Business is pretty much comparable to a chess game you’ve got to anticipate your opponent’s next move sometimes you will make the right choices and often times you won’t. Even if you win the game first time (or loose multiple times) thereafter you have to be willing to learn from game’s lessons and move forward, taking what you learn and developing a different strategy to win. I’m pretty sure Thomas Edison and Henry Ford had many failures but they didn’t give up. That’s the key!

By: Weekly Wisdom: The Best Personal Finance ‘How-to’s’ » The Online Investing AI Blog

Sun, 02 May 2010 09:06:36 +0000

[...] is an interesting take on the ‘how-to’ genre. My Wife Quit Her Job gives us advice on how to fail at starting an online business, but encourages us to start it anyway! Oh, and read this one on how to find the right accountant there, [...]

By: Robert

Robert — Fri, 30 Apr 2010 15:23:58 +0000

Thanks Steve. I really needed a post like this. Despite just scanning it, I felt the impact immediately. I’ve been struggling to finish my digital product, slightly stalling on moving forward with my follower building and pushing forward in business. I’m being lame, and giving myself excuses.

Registering my fictitious business name this weekend, and pushing on with my resource on backing up. Thanks!