online entrepreneurship 2(1) final
TRANSCRIPT
Online Entrepreneurship …S.SAI SUJITH… 13261A04B1
THIS IS ENTREPRENEURSHIP.
Internet Entrepreneurship
The widely-held perception is now that starting and sustaining a profitable web-based business has become very easy.
Lure of the Online Business• Starting a business online is
now very inexpensive.• Hosting = A low monthly cost • Plethora of free/inexpensive content
management services, like WordPress, and customizing these products is simple.
• Cheap logos, commandable eCommerce options.• Inexpensive and free coding environments and programming languages.• Low-cost, high-yield marketing options
• global access, 24 hours a day, 7 days a week• improved client service through greater flexibility• faster delivery of products• increased professionalism• less paper waste• opportunities to manage your business from anywhere in the world.
The Reality is, The Vast Majority of New Online Business Will Fail And This is Witnessed Since we don’t have a
Business Model and Most of us Depict Online Business as “Easy Business” in
our Mindset.
Failure is the Norm
• Starting, growing and sustaining any business is exceptionally difficult.• 20% of new businesses fail
within the first year.• 51.2% of businesses
have failed after year five.• 71% have failed by year
ten
SUCCESSFUL ENTREPRENUERS POSSESS THESE QUALITIES.
WE SHALL BE PROACTIVE TOWARDS THESE STREAMS LIVE EXAMPLE
Established Players• Established competitors have a huge advantage.• When people search, they click on the first result 42% of the
time.• Established companies have:• More money• Better rankings• More experience• Established partners• Wide customer base• Analyze trade areas,competition,supply and demand.
LET US BE THE ONLINE ENTREPRENEUR’S AND BECOME YOUNGEST BILLIONAIRE’S.
THANK YOU
WE SHALL FOCUS