GreyWolf
Elite Member
- Aug 17, 2009
- 1,862
- 5,847
@MisterGemini - the point I was making was simply that a lot of people jump on the im bandwagon expecting it to be an easy success, and yes I actually meant a sound plan not just an idea. Even real world brick and mortar businesses with sound business plans and well thought out strategies don't have a high success rate and they take a lot more planning to get started. In fact many times the plan is scrutinized by bankers and investors before the business owner is ever given the go ahead. That level of due diligence is rarely applied for people starting out online. When you take something like IM where people can just give it a try without any experience whatsoever, then the failure rate is of course going to be greater.
I just added the shoe store analogy cause I wanted to show how some factors are easy to see. I thought about the riding on the coattails of success aspect as well, but decided to leave the analogy in there anyway. I would have chosen a better analogy but I didn't want to spend a lot more time thinking on it. The point is just that to really be successful people need to do their research, and be prepared to adapt to changing situations.
Good post though, you really elaborated on a lot of what I was trying to say in the previous post. Hopefully people can take the info you gave regarding how to evaluate information to get started on the right track and how to keep their model working.
I just added the shoe store analogy cause I wanted to show how some factors are easy to see. I thought about the riding on the coattails of success aspect as well, but decided to leave the analogy in there anyway. I would have chosen a better analogy but I didn't want to spend a lot more time thinking on it. The point is just that to really be successful people need to do their research, and be prepared to adapt to changing situations.
Good post though, you really elaborated on a lot of what I was trying to say in the previous post. Hopefully people can take the info you gave regarding how to evaluate information to get started on the right track and how to keep their model working.