I am sure that you will agree, many publishers have stated that some 80% of traditional “brick and mortar” businesses fail. But I am not sure if you have seen statistics around internet businesses. I was shocked to read from 2 different sources that some 90-95% of online businesses fail.
That is an outstanding percentage. And I think I know why it’s even higher than brick and mortar failures.
That’s right. Because it is so easy and ridiculously cheap to start an online business, it makes it extremely easy to quit. Most of us want instant results, and when you don’t see instant results, combined with a sea of internet marketing ‘gurus’ telling you to just push this magic button, or that magic button, and thousands of dollars will flood your bank account (it doesn’t), it just compounds the problem.
Look, whether you are running a brick and mortar business, or an internet business, you are going to have to work in order to make it successful.
And here’s the really icky part. If you are looking to run a successful real estate business, you have to be successful at both brick and mortar, and online business! In today’s world, if you don’t have a web presence, you are going to have a hard time (not impossible) making it as a real estate agent or broker. And if you can’t market yourself offline, you probably aren’t going to make it either.
But here’s the good part. This problem is true for all of your competition too. So if you can learn a system, and implement it, you can be successful in this game…the harder the task, the less people that will follow through, which means your opportunity is greater! Start your internet business off right with my real estate internet marketing tips series.