What it Takes Being An ONLINE ENTREPRENEUR !!

What it Takes Being An ONLINE ENTREPRENEUR !!

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In the arrival of mass computer technology in 80's and 90's, entrepreneurialism suddenly took on a different dimension altogether; in that many things could be operated in virtual, no wall, or open environment settings.

And similar fashion is taking root today; the benefits of being an online entrepreneur are many which are not only available to the entrepreneur himself but also the users.

Entrepreneurialism is nothing but being stylish smart and accomplishing tasks determined and managing as well as overcoming all the hurdles that come in way of entrepreneurship.

Although recession is what makes an entrepreneur mood sad; but with extra efforts and planned objectives along with an excellent vision and mission can pay you in a really good way.

Avoiding failure is not the possible solution; instead having a backup plan for the same is what is expected from you. Where there is no plan, there is nothing.

Taking an example of an Online Entrepreneur Mr. Darren Rowse and whose full time Blogger making a living from new and dynamic medium from blogs like Digital Photography School and TwiTip - Twitter Tips. Back in 2002 he stumbled upon an article about ‘Blogging’. He didn’t know it at the time but that moment changed his life. Since then he hsa become a full time blogger and has blogged on over 20 blogs. This site is dedicated to helping other bloggers learn the skills of blogging, share their own experiences and promote the blogging medium.

The original Problogger, Darren has created a web publishing empire over the past few years, and has been included in the “Top 25 Web Celebrities” list by Forbes in 2007.

When Mr. Darren Rowse was interviewed as regards his work schedule the following was what he said. He works all the days in the weeks but during the weakened he works for two to three hours; whereas if you see in total he works for 60 to 65 hours a week. The work routine of online entrepreneurs aren’t fixed and this is made clear from what he answered when he was asked about his work schedule. He spends few hours in the morning in local cafe working, which is his working time. Mid morning to lunch time usually has more of an admin/networking function. Afternoons are often more about email, commenting in forums, networking. Evenings are about finalizing posts for the next day, writing newsletters etc. The word holiday or vacation and entrepreneur I guess have no relation for many. I have seen many entrepreneurs who take holidays and work even when they are on vacation. But in case of Mr. Darren Rowse is a bit different. He would typically have 3-4 weekends away (often we’d do it over 3-4 days) each year. The reason behind the travel many a times are conferences which are scheduled twice a week more or less, which is actually not a vacation but a break from daily routine. He spends 1-2 hours on emails although it’s a bit scattered through the day into 15 minute blocks. And when he isn’t working he is sleeping, be’s a good dad, reading novels, playing with my cameras, watching sport.

Few things that online entrepreneurs can keep in mind as far as resources are concerned, they should plan their resources before hand and take into consideration the following points while deciding the resources.

Communication

Data backup

Invoicing

Financial Management and Accounting

Contact Manager

Hiring Freelancers

Online Reputation Management Tools

Payments

Shopping Carts

Social Networking

Funding

CPC Revenue

CPM revenue

The top Online Entrepreneurs today are as follows along with the net worth

Mark Zuckerberg $700 Million

Andrew Gower $650 Million

Chad Hurley $300 Million

Blake Ross and David Hyatt $120 Million

Andrew Michael $110 Million

Angelo Sotira $75 Million

John Vechey $60 Million

Alexander Levin $56 Million

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Jake Nickell $50 Million

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Greg Tseng and Johann Schleier-Smith $45 Million

Few simple things that an online entrepreneur can do to improve their performance online and attract more number of visitors on their site which are as follows

Take into consideration the customer needs and demands and fulfill the same.

Having an attractive heading which will have an appealing effect to visitors

Have the readers focused on your site hence alluring them to visit you every time is what should be the need

Remind your customers of the upcoming and updates on your sites to your customers

Encourage customers to participate in online discussions

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