In order to achieve any degree of online success an internet entrepreneur must be willing to take clear and decisive measures. This means there is little or no room to 'sleep on it' when making business decisions since the internet is such a fast paced environment. Although thinking fast and acting even faster goes against conventional wisdom when making business decisions for people working online this approach is often necessary.
Ideally time and deliberation are recommended before any type of business changes are to be made, but that is ideally. As previously mentioned the internet is very fast paced and opportunities today can be a dying trend tomorrow. Therefore the need to 'act' as opposed to 'react' is often necessary when working online. As risky as this 'swashbuckler' approach may seem however, it is not without some benefits.
Here are 3 advantages any internet entrepreneur will experience when taking swift measures with their business.
Live & Learn
The quicker you take action the quicker you stand to learn whether the idea you are pursuing holds any potential and how much. Making business decisions online often involves taking 'calculated' steps immediately! In this way you are able to measure and/or access your results as you move forward much like developing a plan as you go along. In most cases you already have a fairly good idea that the opportunity you are pursuing has some merit and you are able to capitalize on it before the demand weakens. Although you are jumping right in, you are doing so with eyes wide open!
Gets Them Over the Analysis Hump
Analysis is great, but mostly for the history books! Analysis paralysis is something that affects people both online and off and results in many dreams remaining just that, dreams. Taking swift action allow the internet entrepreneur to avoid getting caught up in the indecisive swirl of analysis paralysis where nothing gets done!
Of Course Nothing Happens Until...
Let's face it, win, lose or draw you will never know whether something has potential until action is taken! Even with all the planning in the world it remains simply theory until you put it into play and take some action. Allowing yourself the time to 'ponder' can very likely bring on doubt, procrastination, and no results good or bad! Inactivity can be a cancer and is where great dreams are suffocated and eventually die due to a lack of implementation! When working online it is usually best to implement and then tweak. Taking small steps forward like this by making simple and subtle adjustments can add up to big profits!
Online success often requires making business decisions before careful analysis can be completed. Working online exposes an environment that is very dynamic and fast paced and therefore require the ability to 'think on your feet' and be willing to take immediate action. Opportunities come and go that fast online and failure to act upon them could be very damaging to your bottom line. As risky as making swift business decisions may seem it does come with certain advantages as discussed above. In the end it appears that for the internet entrepreneur to take more deliberate or even no action would be a much greater risk!
TJ Philpott is an author and Internet entrepreneur based out of North Carolina.
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