Today in the online business it’s getting very important to set realistic goals to achieve. The online pioneer time of the 90’s and beginning 2000’s are history and even the Internet business has become realistic. If some of the online Gurus are still promoting thousands revenue per day, the aim of this promise is to fill their own bank account.
So, if you want to start an online business, please set goals that you can achieve. Only a very, very small percentage of Online Marketers will reach a 10,000, 20,000 or more income per month. So, be aware that your monthly income will turn around a low 4-digit sum.
Before you start, you have to set the category and the niche of your online business.
• Selling products or services
a) Your own products or services
b) Affiliate products
• The websites with advertising income
Choose a niche in a sector of your professional or private skills and interests. It’s easier to start a business in a niche where you have a real experience.
Choose a niche with a lot of opportunities and less competition.
You have to set S.M.A.R.T Goals:
Specific, Measurable, Attainable, Realistic, Time Based
The goals must be:
“Sell more” is certainly a goal, but really not specific.
And “more” what: more products, units, net or gross?
So define clearly all the goals you would like to reach and define a deadline!
Give a measurable topic to your goal. Units and Deadlines are measurable.
It’s one thing to put giant audacious goals up on your wall and visualize them in the shower every morning. If you currently sell 100 units a month, maybe you can sell 125 a month — but moving your goal to 1 million a month is unachievable, to the point that few would even attempt sales that month
Even if some goals may be attainable, but only with herculean efforts or with a unaffordable budget. .
- Time based:
“Sell 100 units” is specific — but by when? Selling 100 units in an hour is a whole different task than selling 100 units over the course of a year. Give a very specific time frame. Include a time of day (e.g., by January 17 at 5 p.m.) where possible for additional clarity.
And one goal that is specific for all start up business:
Don’t spend more money than your budget allows.
Because otherwise you will come in a never-ending spiral of upgrading all the time and setting more and more unrealistic goals.