5 Different Types of Online Entrepreneur
Many people aspire to be successful online entrepreneurs these days but not everyone emerges to the successful.
With millions of online entrepreneurs on the internet, so what are the characteristics and traits that can actually lead people to the road to success?
For online entrepreneurs who have not achieved success, what are the habits that are preventing them from doing so?
In this article, we are going to explore 5 different types of business online entrepreneurs.
We will take a look at why some online business owners did not make it to the top while others did it with less effort and resistance.
1) Fun Loving Entrepreneur
The fun-loving entrepreneurs are online business owners who are not that serious about creating a real business online.
To them, the idea of having a business is just to pass time or to have fun.
Therefore, this group of people do not have true passion for their work.
Most of the time, they will not be fully involved in the business themselves as they are all about having fun. Even if they do come up with a great idea, they will not put in their utmost effort to follow through it.
The chances for this group of entrepreneurs to fail is imminent.
Anyone who wants to start an online business but is not willing to put in the right effort should not expect any good results to come.
When you are doing nothing to make the business to become better, you are simply waiting for failure to happen.
2) “The Forever Shiny Object” Entrepreneurs
Many people who are just starting out are drawn to the fancy objects projected online. They are often drawn by the idea of having fast success and outrageous amount of riches in a short period.
Some online marketers like to use pictures of lavish vacations and fast cars to lure their buyers to buy their products from them.
Entrepreneurs who are after the next shiny object often has a false illusion of how real money is being made online.
While these entrepreneurs have the ambition to succeed online, their passion often fizzle away in no time. They lack the staying power to really work on their project to achieve real results online.
When these entrepreneurs hit a roadblock with their business, they will take breaks for weeks and months before they give up on their current business.
After a while, they start to think that their initial business does not work and they will fall back into purchasing new products thinking that there is a better product out there.
The “shiny object entrepreneurs” tend to buy courses after courses for validation . They often do not have the sheer determination to see things through and therefore they often lack success.
Sometimes, some of these entrepreneurs succeed by luck . The majority group of entrepreneurs who fall under this group still fail.
Buying more products online does not equate more success. In fact, having less quality product is what matters here.
3) The Over Worked Entrepreneur
Many small business entrepreneurs fall into this group of over worked entrepreneur.
During the beginning set up phrase of running as online business, many new business owners are willing to learn new skills to move along their journey.
However, many people encounter road block at this stage of their business. Sometimes, this resulted them in mindless working at their business without even knowing what is going on.
For majority of people who are just getting started, we often feel deflated even by the simplest failure. Especially when one is getting older, we tend to shy away from failure thinking that we are not getting everything the right way.
Despite putting a large amount of effort in their work, the over worked entrepreneurs often work mindlessly without a good plan or purpose.
In this case, internet entrepreneurs who belong to this group quit their path because they are afraid to face their fears and failures despite having put in a good amount of effort and work.
4) The Consistent Entrepreneurs
One thing that stands out for consistent entrepreneurs is their ability to stay track on their path.
Besides being very hardworking, these entrepreneurs are consistent in their approach towards work. They are willing to do the hard work with a plan .
The consistent internet entrepreneurs have a long term outlook towards their business.
Even when they hit roadwork, they are not afraid to work against their competition to get what they want.
Along with consistent upgrade in education and skill advancement, entrepreneurs who belong to this group have a higher chance to have success for their business due to their ability to be consistent and persistence.
5) The Balanced Entrepreneur
The last group of entrepreneurs is the balanced entrepreneurs.
The balanced entrepreneurs understand the dynamics of running a successful business online.
They have a systematic approach towards their business and they are also not afraid of failure. These business owners view failure as part and parcel of life lessons.
Embracing the idea of failure is not something that everyone is able to do. Most people are fearful of failure and when you are able to overcome failure, you are learning to view things from a positive outcome.
The balanced entrepreneurs are also willing to take chances and try new things whenever they encounter failures. Because of that, they always have a competitive advantage over their peers and competitors.
Entrepreneurs belonging to this group have high chances of creating successful business online than the others.
After Thoughts
In today’s article, we talked about five different types of entrepreneurs found online.
Each group of entrepreneurs displays a very different set of work ethic and characteristics towards the outcome of their business. Therefore, the end results for each group differ drastically.
The good news is that if you happen to fit into any of the category and do not like your outcome, you can always adopt the right habits and change course towards where you really want to go .
If you are a fun-loving entrepreneur and have not been getting what you want, you can always change your attitude and become a high achieving entrepreneur instead.
When you are able to recognize and understand yourself, you can make the right chances to become a creative entrepreneur with better skills and work ethic.
So have you found out which type of entrepreneur are you?