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Minggu, 06 Juni 2010

Lessons From Teen Millionaires

Yesterday was one of those inspiring days for me. It started with listening to yet another free webinar. This time the topic was "How to Make Your First $1,000 Online." As I have already made my first $1,000 online, I started brainstorming of ways my husband could make his first $1,000 online. (That's what wives do, right? Tell their husbands what to do?) When my brainstorming and keyword researching was over, I hit a few forums to get into the "new venture mindset." There I ran across an interesting and inspiring post.

Said post was talking about teenagers that are becoming incredibly successful through online businesses. There are teenage millionaires popping up all over the place these days. Though truly inspired, I started wondering "Why?" Why are these kids able to succeed when there are so many adults that are struggling in online and offline business? Here's what I came up with:

1. They listen to their audience. A lot of their businesses are directed towards other teens. They know what the teens are looking for and they provide it. They don't base their business ventures on where someone else is telling them where the money is.

2. They are not confused by fluff. It is certainly relevant to online business, but they aren't caught up and discouraged by internet marketing jargon. They don't start their business worrying about big niches and SEO. Not only are they listening to their audience, they are speaking to their audience. Not some search engine. People have money, search engine spiders don't.

3. Confidence. They don't have spouses, family or friends telling them "you can't do that." They have a support system encouraging them. If you believe in yourself, you believe in what you are selling.

4. With all that confidence comes some great marketing! They aren't worried about what others will think. They tell everyone what they do and what they have to offer. They drop business cards, give presentations, and solicit their neighbors. All with no worries.

5. Failure isn't an option. If someone tells them "no," they aren't afraid to ask "why?" They take that information and improve their business model or product. They don't throw in the towel before they've even started.

At the end of the day, maybe we are all too jaded to build businesses this way. But wouldn't it be great if we could......or would?

Angie Nelson is owner of ASN Virtual Services,, and writer of The Work at Home Wife blog. Stop by to get your free report on How to Set Your Freelance Rates.

Lessons From Teen Millionaires

By Angie Nelson

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