This Article is About
successful business
well oiled machine
luxurious lifestyle
condominium project
successful businessman
spoon fed
coffee shops
inspiring story
social networks
Acquiring The Skills To Build A Successful Business
Join 1000's of Authors at StreetArticles Today!

Acquiring the Skills to Build A Successful Business

Hey guys, I would like to share a thing of two about what I’ve learn so far about online business. Building a business whether online or offline is a skill which cannot be spoon fed to you, it’s the experience you learn in the process, through trials and errors.

Because the goal is not to make money online, there are so many ways to make money online, well you could actually sell stuff in forums, that’s making money; you could sell stuff on social networks, which is also making money online.

A successful businessman once said that a business is all about building an asset, a system. Where even without your presents, the business will run by itself. (Like a well-oiled machine) whatever you are right now, whether you’re a dropout, retired, or unemployed. Your goal is to learn the skill of building a successful business online, once you’ve learn this valuable skill, you could literally start any business. To give you a clearer picture of what I’m trying to say, here is a very inspiring true story about an entrepreneur from Thailand.

Mr. SIRIVAT VORAVETVUTHIKUN was once a well-known stockbroker and investor in Thailand, this 57-year old entrepreneur made his fortune from the local stock market back then, but then all of his luxurious lifestyle was about to change when the Asian stock market collapse back in the early 1997, this brought devastating impact to his business along with his million dollar condominium project that he just invested in, leaving Mr. Sirivat $30.4million in dept.

“So my life was totally changed from a luxurious lifestyle to just a commoner lifestyle.” He said. To survive, he has turned to selling sandwiches on the street. Since then without borrowing any money, he expanded his business to two small coffee shops.

Today Mr. Siriwat or popularly known as “the sandwich man” owns a successful business of his very own brand Siriwat sandwich. His inspiring story has caught the attention of various international media’s, and has been invited to share his story at hundreds of universities all over Thailand.

What I’m trying to say is that, you can take away one’s wealth, but you can never take away one’s wisdom.

So where do I start?

If you have read this far, I assume that you’re an inspired individual who is looking to learn the skills of building a business online, but don’t know how. Well not to worry, the key to start anything is to get yourself educated on the subject, you will have fail many times before succeeding, like what Mr. Sirivat been through. But you could greatly minimize the chances of failing by following the footsteps of those who succeeded already. You need to get your fundamentals right, and remember your goal is to learn the skills of building a successful business.

Having no financial support, I spend lots and lots of time searching for free information online, and after months or so I realize that it wasn’t giving me sufficient information about online business, or even say building a website. I was frustrated. But anyways I did found my way eventually and I would be glad to share with you an outline of what you need to learn in order to build an online business.

Understanding how money is made online.

Audience--> Google/Social Networks--> Your Website--> Amazon--> You

Your audience will search for something on Google or social networks. They will stumble upon your website; therefore it is important to get rank in the search engine. Next, they would purchase a product that you recommend from amazon and amazon would pay you commission. The internet has a very large audience of 2billion, all searching for information as well as products to buy. The purpose of your website is to help people by giving them information of what they are searching for, and earn revenue in this process. So to build a successful business online, you have to brand your site in that particular niche.

Anyways let’s start by searching for a niche, head on over to my page as I’ll guide you through.


Street Talk

No comments present
You May Also Like
Ideas for A Website - Super Tips
It's extremely important to have a plan when building a business. Afterall, looking for ideas for a website is basically an online enterprise. If you have no idea on where to begin for your new business, I suggest you start with the basics. Starting with the basics will not only…
By: Saytue Saye1 in  Internet and Businesses Online  >  Web Development   Dec 13, 2011  
1
  Likes: 1

Start Running A Successful Business!
Do you have a business set up on the internet? Do you have a mentor? Do you know what a mentor is? A mentor is someone who has a succeeded online and is willing to help you follow in their foot steps. They let you duplicate what they have learned…
By: Chery Schmidt in  Internet and Businesses Online  >  Traffic Building   Jul 25, 2011  
0
  Likes: 0

Moms And Working at Home
Looking to join the many who are moms and working from home? Lets explore the possibilities. Before we get going, remember being a mom and working from home will bring you closer to your children, make you be able to be on top of your household, and make you feel…
By: Shawn Lee  in  Home Based Business  >  Network Marketing   Mar 13, 2013  
10
  Likes: 7

Managing Your IM Activities Effectively - Advice for Newbies
One of the hardest things when you’re new to internet marking is managing your IM activities effectively. It’s all very exciting and there are many things that you want to learn. However, if you’re not able to manage your time effectively, then you will easily find that you spend far…
By: BIS_Coach in  Internet and Businesses Online  >  Internet Marketing   Sep 04, 2012  
10
  Likes: 6

Know The First Signs Kidney Failure – It Could Save Your Life!
In today’s fast-paced world it is easy to overlook tiny messages from your body that are telling you something is wrong. People often mistake feeling lethargic, rundown and lacking appetite as the result of working too hard, working too much and increasing stress levels. However, these are some of the…
By: Wilson in  Health and Fitness  >  Diseases   Sep 25, 2013  
0
  Likes: 1

Healthy Skin: The Soft, Supple and Glowing
Ah, our health. We all claim we are thankful to have it, we will drink a toast to it, and regret not taking better care of it when it is gone, but what about our skin? Don’t we care about our skin’s health too? Sadly, in too many cases, no.…
By: Heather Brown in  Health and Fitness  >  Beauty   Dec 14, 2010  
0
  Likes: 1

Logo Design Services In Dubai
The logo is considered to be the heart of the company. It can be anything such a symbol or animal or initials of the company. This is very important because it helps to outline the importance of having an integrated strategy when selecting the proper logo. A professional logo represents…
By: Myka Angela in  Internet and Businesses Online  >  Web Design   Jun 08, 2016  
1
  Likes: 2

How to Sell Digital Camera
Types of Digital Cameras There are many kinds of digital cameras on the market, each with its own purpose and key advantages. It's important to consider the cost of the cameras as well as the features they offer. Digital SLR Camera Also known as a DSLR, this is the most…
By: Jammi in  Internet and Businesses Online  >  Ecommerce   Jun 08, 2016  
1
  Likes: 3

How to Find Real Clothing Dropship Suppliers And Make More Money !
Learning to find real clothing dropship suppliers is one of the most important skills that you can develop as an online marketer selling clothing. Not just any dropshipper , but dropshipper that will deliver on time, sell you products at a price where you can make 20-50% markup on the…
By: Jammi in  Internet and Businesses Online  >  Ecommerce   Jun 07, 2016  
0
  Likes: 0

Dropshipping With Cheap Wholesale Dropshippers
The main concept of dropshipping is selling products you don’t actually own. Working with cheap wholesale dropshippers is not only a product acquisition model, but also includes product fulfillment. The process works by taking orders from your online business and forwarding them to supplier/ cheap wholesale dropshippers . They in…
By: Jammi in  Internet and Businesses Online  >  Ecommerce   Jun 07, 2016  
0
  Likes: 1

Myths You Probably Don’t Know About Hyperconverged Infrastructure
Hyperconvergence is an integration of compute and virtualization resources in a single server system. As efficient as it could be, the goal is to minimize the complexities and simplify management approach. Nevertheless, a newly emerged concept, hyperconvergence is often misinterpreted and the conclusion created is mostly wrong. It’s not their…
By: Priti Shetti in  Internet and Businesses Online  >  Web Hosting   Jun 07, 2016  
0
  Likes: 0

Choosing A Mobile Apps Development Company In India
There are several aspects you need to look into while choosing the right mobile application development company for your needs. Businesses these days are heavily dependent on sophisticated tools and user interfaces to engage the modern customers. Therefore most businesses are these days getting sophisticated applications developed to support the…
By: John Hrq in  Internet and Businesses Online  >  Internet Marketing   Jun 07, 2016  
0
  Likes: 1

Push Video Content to Consumers for Successful OTT Services
Over the last few months, several key programmers have taken on traditional television models by adding over-the-top (OTT) content services to their abilities. Even though more network options to choose from is good news for cord-cutting consumers, too many industry players are hindering innovation and thwarting industry progress by falling…
By: Dudish in  Internet and Businesses Online  >  Video Marketing   Jun 06, 2016  
1
  Likes: 1

Effective Ways to Design A Template Website
A website can be designed attractive by using advanced templates. Choosing a great template can help business owners to establish their online business much faster on the Internet by using social networking sites. Many companies offer an affordable price or even free of cost templates, making it a popular choice…
By: Ethan Jones in  Internet and Businesses Online  >  Web Design   Jun 04, 2016  
1
  Likes: 1

Creating The Right Online Marketing Strategy
People that own a website are often quite anxious about their needs for reaching out to consumers. Owners are continually faced with a unique base of challenges when trying to remain competitive with comparable pages in their niche while also considering their budgetary constraints which can seem counter intuitive on…
  Likes: 1

Article Views: 583    Report this Article