Why Your Internet Business is Like the Stock Market

As savvy stock market investors know, chasing after the one "hot stock" with the possibility of bringing instant riches is not a wise idea. You know the old saying, "Don't put your eggs in one basket". This type of thinking carries a high risk. If your stock goes up and you are smart enough to sell, then you've made money. However, if your stock falls, you just don't know when (or if) it will ever make a comeback.

With this idea of chasing after the "hot stock of the day", you might as well buy a lottery ticket. Diversifying your investment portfolio for long-term growth and stability is the wiser of the strategy. You invest your money over any number of stocks in different industries, thereby spreading your risk across the group.

The same principle should be applied to your internet business. Many of us first arrived online with the notion of building a really great website to reach the masses in hopes of making a lot of money. We later found out that the "build it and they will come" theory is just that, a theory. Oh sure, there are a few who have managed to create a nice income from just one or perhaps two websites, but even Amazon didn't turn a profit until 2001.

Unfortunately, most of us do not have unlimited financial resources. Many have given up, only to go back to either a corporate job or some other type of work in order to support their family. What they did not realize is that their internet business really should be treated like their investment portfolio.

Why do many of us still try to squeeze every single penny out of one website until it's bone dry? It's like wringing out the washcloth until there's no water left to drip. Why bank all of our risk in just one site?

There is a better way and it's called diversification and leverage. How? Instead of building one website and beating it to death in trying to get every last penny until it screams " no more!"... build more sites. In the past, building websites by hand took days and weeks, if not months. Today, there are tools to make this process much simpler and faster and in some cases, you don't even have to know any code at all.

Why diversify and leverage your business across a variety of websites? To reduce your risk and to leverage your efforts. Individually, they may not make a lot of money, but collectively, you could create a nice little internet empire of your very own. It will be well worth your time in creating a long-term internet "investment" portfolio.

To Your Success!

Patty Gale

Patty Gale is a successful entrepreneur who specializes in personalization and customer care for all her clients. She exchanged her suits, hose and heels for working at home in her "jammies" and is on a mission to empower other women to do the same.

She can be reached at http://www.CommuteInYourJammies.com

---

6 Tips To Create Effective Solo Ad That Pulls Results

How many times have you... heard that running solo ads... Read More

Why Niche Marketing Yields Good Profits

Have you ever been told to find your niche? In... Read More

7 Incredibly Simple Ways To Profit Wildly From Public Domain Material

If you're in the business of marketing online, a major... Read More

10 Unique, Free Product Bonuses

Are you looking for something unique or unusual that you... Read More

Golf Pros Jet to be Sold early 2006 -- Market NOW to Make Large Deposit

Marketing gurus travel all over...Malaysia, London, San Francisco ..so make... Read More

How To Be A Web Entrepreneur With No Capital

With the advent of the technology age, the Internet has... Read More

Why Your Talents Alone Arent Getting You Anywhere Online

The bottom line is that there are plenty of really... Read More

At Last, A Plain English Guide to Internet Marketing

Have you ever been horrified and intimidated at the convoluted,... Read More

Is Your Web Site Ready For Its Visitors?

There's a great interest among the Internet entrepreneurs about how... Read More

The Power Of Giving

1.Why give away what you could sell?That's a fair enough... Read More

Breakin It Down

I've recently begun working with individuals one-on-one who are truly... Read More

Marketing Automation For Small Businesses And Web Entrepreneurs

Many Internet marketers wonder how they spend less time marketing... Read More

How To Increase Your Online Sales Anytime

Hold a discount sale on your web site. Use the... Read More

How To Cheaply and Powerfully Reposition Yourself On the Web

It goes without saying that all of us would like... Read More

Internet Marketing - Article Announcer

Who said marketing on the internet was easy. All the... Read More

Maintaining The Focus For Success In Online Business

Maintaining Focus is important for success in online business. One... Read More

Manipulate Your Visitors With Reverse Psychology

Many people say that it is easy to write a... Read More

Internet Marketing Online: 8 Ways To Succeed By Helping Others Succeed

Do you remember the first time you got on the... Read More

How to Turn Your Articles into a Viral Traffic Stampede

By writing articles you can send targeted traffic to your... Read More

Internet Secrets Revealed - Six Easy Steps to Build a Website to Success

Internet Secrets Revealed! Six Easy steps to build a website... Read More

Build Your Marketing Muscle

During a saxophone lesson the other day I realized how... Read More

Personality Profiling Your Prospects for Internet Marketing, E Commerce, and Ebay Ads

Do you want me to tell you the truth or... Read More

The Niche Website Naming Secret

Today I was optimizing a couple new websites for search... Read More

Know The Fundamentals To Success

Internet Marketing is right for everyone. Unfortunately, not everyone is... Read More

Bring Spirit Into Your Online Business

For people who have decided to strike out on their... Read More

There is Hidden a Successful Formula in Everything

Although many say that things change on the net, still... Read More

Marketing Rapport - 3 Tips!

Establishing & maintaining rapport with your online audience is perhaps... Read More

Article Submitting: How To Study A Publisher?s Website

There are many websites that will host your articles on... Read More

The e-Marketing Plan - Brief Overview and Working Scheme

I. Summary of a marketing planThe marketing planning (concretized in... Read More

What Does Success Look Like?

While we are well into the 21st century too many... Read More

Why Do Market Gurus Exploit This?

Regardless of what you're trying to sell, you can't sell... Read More

Online Advertising Techniques

Online advertising is necessary for your computer business to grow.... Read More

Internet Marketing In A Room FULL Of Naked Men!

NO, that's not one of my secret dreams :-) It's... Read More