Had an email the other day asking me in my experience as an Internet attorney if I was able to identify systems that actually worked to make money online. Part of my response included three surefire ways to fail with an Internet business.
Mistake #1. Trying to sell “how to get rich” business opportunities. There are too many scam artists fishing this same pond plus the government is cracking down on false claims. Even those who have a proven system became successful in some other niche before piking biz opps.
Mistake #2. Going into a “hot” niche rather than focusing on niches where you already know something. For example, all of my products and services sold are law-related because I’m an Internet attorney. I would not do well selling golf products because I nearly broke the window on my SUV in the parking lot the last time I teed off.
Mistake #3. Buying a product and assuming the purchase itself without doing work will generate money. Sales letters often make it seem that is possible but every person who has been successful online put plenty of sweat equity into their business on the front end.
Find a system that works for you and apply it to a niche that you know something about that is profitable, i.e. there is a hungry market for that niche.
To your success,
-Mike the Internet attorney
P.S. To learn more, you can just download my complimentary special report “7 Deadly Legal Mistakes Made by Business Owners and How You Can Avoid Them.”