Personal and Business Development Consulting

Welcome to the first of this seven part series…”Running a Safe Online Business” Crash Course.

Each day for the next 7 days you will receive a lesson that will help you learn the basic information that you need to know to Running a Safe Online Business.

In this first lesson let’s have a little history lesson.

In the last decade there has been an extraordinary amount of people that have started their own online business and there can be little doubt that this trend will continue as people seek out ways to control their own financial future.

The total volume of spending that takes place online is similarly amazing. Most experts are talking in the range of something over a billion dollars a year. Many experts also believe that 40% of all retail sales will be made online by the year 2020, although others put this number still higher.

There are several driving forces behind this explosion in online business.

The first of these is a growing willingness of the consumer to buy and spend money online. At the same time, it is becoming easier and more secure for the consumer to make online purchases as many hundreds of well-established businesses set up their first sales enabled websites, and begin to accept credit card payments online.

Having grown up with computers, these people are far more comfortable and relaxed about spending money online than some of their older peers, and this too has shifted the demographics of online business considerably.

Alongside this explosive growth in the number of people who are willing and able to spend money online, there has been an equally phenomenal increase in the number of people who are supplying products and services online.

Many of these new online product suppliers are established businesses that have finally decided that selling on the Internet is something that they should be doing, as it clearly opens up a new and potentially huge global marketplace to them.

On the other hand, there are also thousands or perhaps even millions of new online businesses being started by private individuals who have had little or no previous business experience, but who have nevertheless decided to give Internet marketing a try.

During the next few days we will be going over the risks that are associated with running an online business. Unfortunately, these risks are almost universal for any individual who decides to start their own online business. The main goal of this short course is to make you aware of the risks, involved and provide you with the basic information that you need to protect yourself, your business and your assets.

We have a lot to go over in the next few days, so make sure you look for your next lesson tomorrow. We will start going over the basic steps that you need to take to ensure the safety of your online business.

Until tomorrow.

Take care,
Ken Mathie

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If you were to look up the word entrepreneur in the dictionary you would find that it means “a person who organizes and manages any enterprise, a business usually with considerable initiative and risk.” These days the term entrepreneur is used so much that it seems like everybody from stay at home moms, to the local tattoo artist, are claiming to be such. The truth is that as fancy as this word maybe, anyone can be an entrepreneur.

Entrepreneurs can be any shape, size, age, race or religion. What makes an entrepreneur an entrepreneur is commitment, the willingness to lead and the passion to succeed. There are certain characteristics that many of the world’s most successful entrepreneurs share. Listed below are a few traits that can help you determine if you truly are an entrepreneur.

Great Focus – True entrepreneurs have great focus. These are individuals that once they have a goal set, no one or nothing can stop them from accomplishing that goal.

Creative – Most entrepreneurs have a seemingly effortless way of being creative. Thinking outside the box; that characteristic alone creates a greater earning potential for their business.

Good With Money – Being able to keep track and manage money wisely is another well-known characteristic of an entrepreneur. Knowing where every dollar and cent is and where they are going is very important to entrepreneurs.

Decision Maker – One who can make big decisions on their own without worrying about others opinions. Being able to stand behind their decision without any doubt whatsoever.

The Ability To Lead – Most entrepreneurs put themselves in the position of being the boss. This may mean that this person has employees under him/her. In this instance, the individual must be able to lead and give direction to others in a clear and productive manner.

Always Learning – True entrepreneurs never stop learning. They are always eager to discover new, more efficient ways to make their business more successful. Learning is a desire, not a necessity for these people.

Fearless – Having no fear is definitely a characteristic of a entrepreneur. Not fearing critics, competitors, consumers and most of all, not fearing failure. Not fearing these things is automatic for any real entrepreneur.

The list above will help you determine if you are indeed an entrepreneur. If you are not an entrepreneur, but aspire to be one you will need to develop most if not all of these traits. If you take the time to embrace and practice these traits; you will be well on your way to becoming a successful entrepreneur!

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