FA047 - Busting 5 Internet Business Myths

Published: May 20, 2016, 3:30 a.m.

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BELIEVING IN MYTHS CAN PREVENT SUCCESS FROM BECOMING A REALITY

You may not have seen these myths in your classical mythology course in college, but they are some of the most famous ones in business today.

In this episode, our Herculean heros step up to bust 5 of the most pervasive myths that are holding many business owners back from success.

Sometimes building, growing and managing a business feels like the 12 impossible labors of Hercules. \\xa0But we persist. \\xa0What can make business even more difficult is when we believe in myths that seem so true, but in reality just slow our progress.

Jump inside this episode to learn what these myths are and how to break free of them. \\xa0 You may just discover the path to the golden fleece called success.

Enjoy your Foolish Odyssey,

Tim and Izzy

[edit]\\xa0Bonus 6th Myth Busted!

Having been sick during the recording of this episode I completely forgot one of the biggest myths\\u2013\\u201cIt Takes Money To Make Money.\\u201d

Many people use this excuse to not even try. \\xa0They don\\u2019t even calculate what the real cost to turn their idea into a business. \\xa0I\\u2019ve started a business with $0. \\xa0I went out and found a client. \\xa0Then I used that money to get biz cards and pay for web hosting and other essentials needed to promote my business.

With an online business, you can get started without owning a computer, without paying for a website or really an expense at all. \\xa0This is a tough way to start, though, but it can be done.

Use a library computer or a friends. \\xa0Start a tumblr or WordPress.com blog and get on Twitter & Facebook. \\xa0Start building a small audience and connecting with others in your niche. \\xa0Find a cool affiliate product and promote it to your small audience. \\xa0Invest the money from sales into a website of your own. Repeat over and over. \\xa0Keep reinvesting the money coming until it covers all the business expenses and starts generating a profit. \\xa0~ t

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