Comments on: Why Our Online Business Almost Failed And How We Recovered

By: Carol Dunlop

Carol Dunlop — Fri, 25 Jun 2010 11:19:04 +0000

This is really a great article. I agree with all your points and am taking notes! I am working on my first online store, so all your points are well taken.

It is so easy to get wrapped up in the hype of everything and needing the money or the sale, but you do have to consider that you are in this for the long haul and as much as you can do on the frontend to make the work go smoothly, the better. I am excited about my venture and you have given me some great advice to get it started on the right foot.

By: Lynny Brown

Lynny Brown — Mon, 21 Sep 2009 10:45:13 +0000

Good article, I so agree with the last sentence, about the launch being the beginning, my partner builds websites, and I do SEO on websites, and so few of my partners clients, actually become my clients at the beginning, they seem to think that all I’m doing is trying to get more money out of them.

They truly believe that their great idea will make them kazillions of $$ without any more work on their part, and defiantly not paying me, just to do the basics to get their website found in searches. Then 6 months later, the are all kinds of upset cause they haven’t made a sale.

A year later if the bother renewing their domain name, they would rather pay for google adwords, than pay me the same amount make their website show up in naturally in search engine results. Go figure.

Ok, got to keep looking at your site, lots of interesting content…. will send a few clients here.

Lynny

By: I’ve Been Interviewed At IncomeDiary.com | Wizpress.com

I’ve Been Interviewed At IncomeDiary.com | Wizpress.com — Mon, 20 Jul 2009 12:24:02 +0000

[...] Why Our Online Business Almost Failed And How We Recovered [...]

By: Steve

Steve — Sun, 14 Dec 2008 15:35:57 +0000

If you are a real business, chances are you will be signed up for Paypal Payments Pro which does include a virtual terminal. I don’t see very many stores rely on Paypal basic since it takes you off of your own website. When I was looking for merchant accounts, I couldn’t find one willing to waive the monthly minimum. Perhaps I didn’t search hard enough. 25 dollars a month sounds extremely cheap to me for an internet merchant account. Would that cheap merchant account offer pay to click shipping straight from the interface for multiple orders?

By: internet merchant account

internet merchant account — Sun, 14 Dec 2008 15:17:26 +0000

Paypal is a great service but the basic package does not include a virtual terminal feature like most internet merchant accounts have. The virtual terminal allows you to manually key orders into your internet merchant account. If you upgrade to the virtual terminal feature it’s $30 per month. You can find a cheap internet merchant account that waives the monthly minimum and you’re looking at $25 per month vs $30 with Paypal and probably a much lower discount rate than Paypal’s 2.90%.
Michael Rupkalvis
The Transaction Group

By: Steve

Steve — Mon, 24 Nov 2008 16:22:38 +0000

Hi Rohan,

Thanks for the kind words. There are definitely a lot of little details that are involved in running any business that are rarely mentioned in the stuff that you read. Hopefully, I’ll be able to paint an accurate portrayal of our experiences to dispel the myths.

By: Rohan

Rohan — Sun, 23 Nov 2008 22:00:05 +0000

Hi Steve,
This is a wonderful post and I feel its outstanding. Typically, you will find people giving generic advice like ‘Be passionate, hard-working, blah, blah’. While that is obviously important, that is way too less for a ‘sucessful enterprise’. But the ground level realities are way too different and you are actually giving a snaphshot of the ground level.

By: Me

Me — Sat, 08 Nov 2008 17:30:13 +0000

Nice post! You made some very good points and this is a great read for anyone starting out. Thanks for sharing your story.

By: Steve

Steve — Thu, 06 Nov 2008 04:31:52 +0000

Hi Irene,

You must be a great mom, because you are extremely supportive. You have supported this blog from the beginning as well and I really appreciate it. Please come back often.

By: Irene | Light Beckons

Irene | Light Beckons — Thu, 06 Nov 2008 04:17:39 +0000

Hi Steve,

I find this post refreshingly honest and I seriously don’t think there’s anything to be ashamed about. I haven’t met a successful businessman who didn’t make mistakes – what matters is that we learn from them and move on to make things right. I’d say congrats on doing the right things, and thanks for sharing!