What is a Web Entrepreneur?

The term “webpreneur” was unheard of two decades ago. The thought of someone being able to use the Internet to start a business and to make enough money to support himself was a silly notion! However, today the term “webpreneur” is growing in popularity and is starting to be used more and more in everyday conversation.

A webpreneur can be described as an entrepreneur who conducts all business transactions via the internet. A webpreneur, technically, doesn’t ever have to leave their house or their office while still being able to generate a significant income. The key to becoming a successful webpreneur is having a good idea and successfully growing the idea over time.

Start Big or Start Small?

According to an article posted on Noobpreneur.com, it’s a good idea for webpreneurs to “dream big, start small, start now, and start right.” Basically, this means it’s not a good idea to dream big and start big. In other words, don’t bit off more than you can chew at the beginning. Take time to develop your business ideas and make sure your processes work correctly before trying to sell your goods or services to millions of people. The last thing you will want to do is come up with a great idea, launch the business, and then have such a huge demand for your product or service that you cannot fulfill all of the orders. If this should happen, you run the risk of developing a poor reputation.

Funding

It may be possible to obtain a business loan from a bank if your business plan is well-written and if the bank believes that you have an excellent idea. But it can be difficult for web-based businesses to achieve the same level of respect as businesses that have actual office space and tangible products. Some of the most successful webpreneurs have started their businesses on a very small and reasonable scale. Because web-based businesses often require little or no overhead, it can be possible to start a business with as little as a few dollars!

One of the greatest aspects of becoming a webpreneur is that you can come up a great business idea and then you can promote your business through other websites, through social media, and through world-of-mouth advertising for absolutely FREE! The biggest expense you might have is the time you will spend marketing and maintaining your business.

Negative Attitudes from Others

A big challenge that webpreneurs face is opposition from friends, families and acquaintances. When you tell these people about your business idea and your plan to become a webpreneur, it is likely they will react by either rolling their eyes at you or by giving you comments such as, “Oh, yeah… everyone is doing that sort of thing… You’ll never succeed because there’s too much competition.”

The first thing you have to realize when you receive comments such as this is that ignoring them is probably a good idea. The next thing you will have to do is become successful so that you can prove the nay-sayers wrong!

Helpful Books

Some of the most helpful resources for tips on how to successfully build a web-based business are books. Following are some that are available from Amazon.com:

  • Get Rich Click: The Ultimate Guide to Making Money on the Internet

  • Become CEO: How to Start a Successful Online Business

  • How to Become Wealthy Selling Informational Products on the Internet

  • The Entrepreneur’s Rule Book

  • How to Become a Successful Entrepreneur

  • Start Your Internet Business: 36 Things You Need to Know Now

Develop Business Ideas One at a Time

Many webpreneurs have similar goals and aspirations – and they want to start big! But the best advice is to start with one idea and successfully grow that idea into something profitable. When you have too many irons in the fire, you have a tendency to get overwhelmed and not give your full attention to your original business idea. This can lead to failure. There is absolutely nothing wrong with having big ideas and big plans, but the best thing to do is start with one idea, grow the idea, and use the original idea as part of a learning process. When you are successful, you can use the strategies that you developed as the core for future business ideas.

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Written by Melanie Fischer, Career & Job Expert who has been writing professionally for over 10 years.