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Future of Online Business Development

Everybody looks for the efficient and effective online business process. Yet, somewhere down the line everyone is concerned about the future of internet business development. It is sure that the upcoming online business era is under the shed of sheer competition. However, experts and analysts are coming up with new online strategy so that online business developers can foresee profitable outcomes.

It is only through the internet business that one think of fading borders, when it comes selling their products to the larger mass. Even the most popular business tycoons have realized that E-Business is the massive growth phase. This is a reason that most of traditional business holders are switching or integrating their business with the electric platform. Thus, the debate of the E-Business seems stronger and more flourishing in the coming years. For people are not so good with internet business development can look up to the internet experts. They will help you with creating, developing, and growing your business on the internet.

However, you must be able to choose your business experts deliberately so that you get the right advice and can precisely draw your ideas into reality. The future proof online business development carries with more easy access of the internet services. Services such as Mobile-ready, social network savvy, useful content can be great managed by online experts and increase your electronic economy.

Future of E-Business development is that it helps in integrating business with the existing business processes and workflows. Moreover, you can select the latest proven Internet technologies to add much to your existing business. Thus, online successes will increased profit steams for your business.

Here go a few commendable steps for the development of online business

  • Brand Development and Consulting: the online marketers take care of your business at the initial stage and secure your tag line for the new business. Right from the business name to the domain name and social media extensions, everything can be a taken care of.
  • Logo, Corporate brand, website Design and brand design on social Media: this is a vital section of your online business development. Including impressive graphic designs, the professional SEO and web designers ensures your website to have a correct professional look and feel. Further, it should mark strong presence on the social media through potential avenues.
  • Marketing and Advertising through Internet Marketing: it is not that only exclusive look works for your website. After your website gets ready, you have to start immense awareness for its proper growth. You can do this through SERP, SEO, Social Media, Forums, Business Directories, PPC, Email, Telemarketing and traditional media. If you have a small business then key is the immediate cash flow which can targeted through internet marketing.
  • Follow on support: after you business gets the up thrust, it is essential to keep it in a moving shape. This also makes a point that you must constantly strive for the new market positions.

Thus, online business development is reaching is all time acme currently, moreover, it going to in the same position for 10 decades.

Entrepreneurs: How Strong Is Your Business Foundation?

A Business Lesson from the Three Little Pigs

One of the most important business moves an entrepreneur can do is make sure that their business is grounded upon a solid foundation. Just like a house, a business cannot survive in an unstable environment or on shaky ground. If for some reason an entrepreneur ignores this concept and moves forward to build their business on uncertainty they are definitely setting themselves up for failure and loss. Trust me when I tell you that successful entrepreneurs know the value of beginning your business venture on the grounds of stability.

Interesting enough, when I think of a business’s foundation I think of the story of the Three Little Pigs. I know this concept may seem a bit odd at first; however, after further analysis it makes perfect sense. As many of you already know each of the pigs built their houses in three distinct ways using three distinct types of materials. In the story, Pig number 1 built his house out of straw. Pig number 2 built his house out of sticks. Pig number 3 built his house out of bricks. In an effort to show the relevance between this story and an entrepreneur’s business foundation I will explain how a foundation built upon straw, sticks and bricks is relevant to entrepreneurial success.

A Business Foundation Built Upon Straw

Straw is the material that is left over after grain is separated from cereal plants. Typically, when you think of straw the thought of animal feed comes to mind versus house building. In the Three Little Pigs story pig number 1 used straw to build his house as a protective measure against the big bad wolf. However, the straw was not a strong enough material and the wolf was able to blow it down making the pig’s house irrelevant.

In the business arena the same fate would occur to an entrepreneur that decided to build their business on a foundation made of straw. Straw, without a strengthening agent is a very weak material. The slightest amount of pressure added to it and it will crumble to the ground. The best analogy to a straw foundation would be a business built upon fabrications. Fabrications could be anything from falsified financial statements, defective products, and other deceitful business practices. An entrepreneur that builds their business based on lies will eventually find themselves at the wrong end of the law; which could not only cost the entrepreneur their overall business but their reputation as well. Bottom line, building a business upon a straw foundation will more than likely have a detrimental outcome.

A Business Foundation Built Upon Sticks

Now, if you are anything like me, you are wondering if a straw house did not work for pig number 1 in the Three Little Pigs Story, then why would pig number 2 build his house of sticks. Well, it’s due to the same reasons entrepreneurs that have had failed businesses in the past repeat the same mistake in their current business. Neither party seemed to have learned their lesson despite the losses. Now unlike straw, sticks have a bit more stability but will still have the same outcome despite this fact. Sticks in the business sector are entities such as non-existent business strategies, irrelevant mission and vision statements, and other overlooked business foundational principles. If an entrepreneur fails to have these key entities in place within their business then the business is bound to fail just as quickly as a business built upon lies and deceit. The result of building a business on a foundation of sticks means that the entrepreneur failed to plan and as a result they subsequently planned to fail.

A Business Foundation Built Upon Bricks

Now pig number 3 understood the value of building his house on a solid foundation. He even accounted for the fact that the other pigs built their house out of mediocre materials and would need a place to stay once it all came tumbling down. As an entrepreneur this is the mindset that is needed to build a business on a foundation of bricks. Bricks can be categorized as investments, information technology, key stakeholders, strong organizational structure, and other business functions that lead to maintaining the competitive advantage. In order to succeed an entrepreneur must build their business on these solid foundational principles. Just like in the story of the Three Little Pigs a house build upon bricks can withstand the harshest of elements and will not fail in the face of uncertainty.

If you found this article intriguing and would like to know more about how building a business on a solid foundation will be beneficial to your success, feel free to click the link below.

Enjoy Your Journey!

Business Fundamentals – Commit to the Process

Commit to the Business Fundamentals

The late great Vince Lombardi said football will always be a game of blocking and tackling. Sure you have these new spread offenses in college and the pistol formation in the pros. You have hybrid linebackers and strong safeties who can cover and play in the box. But the fundamentals are still blocking and tackling.

In basketball it is defense and rebounding. Yes you have the triangle offense and the pick and roll. But what did you see in the finals between the San Antonio Spurs and Miami Heat. Coach Greg Popovich wanted his Spurs to play defense, rebound, and then push the ball up court. Eric Spoelstra told his team to do the same thing. Play defense, rebound, and then push the ball.

In your home based business it’s the same thing. You must work on your business fundamentals. No matter what your business, niche, product, or service you have core principles that must be worked on everyday. Professionals work on their business fundamentals everyday.

During the off-season athletes work with their own trainers and attend mini camps. Every year they work on the fundamentals before the season begins. During the season they never get away from the fundamentals.

Business Fundamentals and Your Home Based Business

If you are an affiliate marketer, network marketer, internet marketer, or own an online business. You probably have a game plan from your company, sponsor, or mentor. We don’t suffer from lack of information and you can find out if they have a proven successful plan.

Business fundamentals deal with marketing and sales. You must drive traffic to your business and website. You must generate leads and convert them into sales. That is the basics. You must work on your income producing activities everyday. This is where people fail. They get the fancy letterhead, beautiful business cards, and shiny websites. Then they forget all about the marketing and sales.

Real estate agents, insurance agents, inspectors, loan officers, and independent contractors have proven methods of operations from their brokers. Proven models of success but yet people don’t commit to the process. People want the wealth without the work. Are you committed to the process? Are you committed to going through the grind until you succeed? Can You persist until something happens?

Nothing happens until a lead is generated and that lead is turned into a sale. This is why we work on the business fundamentals.

4.5 Business Fundamentals to Follow

1. Get a Successful Plan of Action – Find a success business model and follow it. Get clear on your outcome. Surround yourself with successful people. Commit to the process. Proven success models work and you see it everyday in business. Just look at franchises, network marketing companies, and championship teams.

Come up with a daily method of operation and commit to the process. I don’t know how long it will take for you to make money. In real estate my average escrow is 51 days. That’s 51 days before I get a check. For my online business I make sales everyday and the money is available in 48 hours. Find out your sales cycle.

2. Marketing and Sales - This is an income producing activity that needs to happen everyday. Your success plan of action should give you step by step instructions on how to generate leads and build lists. Every business online or offline needs to generate leads and build lists. In both my real estate business and online business I use direct mail, a viral blogging system, and social media to drive traffic. I capture these leads, build my lists, and grow my business.

I create content everyday and market that content. In fact you are reading this content now. Then I re-purpose this content. This is my daily method of operation. What is yours?

3. Personal Development – You need to read for at least 30 minutes per day and listen to audio. You have to outgrow you. Leaders are readers and the must successful people read every day. Also get in some training or education every week. There is education available to grow your business. You should learn and take action on that education every week.

4, Follow Up and Follow Through – Following the business fundamentals will get you leads and you need to follow-up and follow through. Don’t let all of your marketing go to waste. People want to do business with you and you must perform. Tell the truth, don’t promise what you can’t deliver, and do what you say.

4.5 Commit to the Process - This has been the theme of this whole article. Business is a process and short cuts will kill your dreams. Instant gratification is an enemy that will close you down. There is a process to cooking a cake and if you skip steps the cake is ruined. Work on your business fundamentals everyday and commit to the process of success.