by Clarence Chan
DOING BUSINESS ONLINE COMPARED TO OFFLINE
What makes a successful internet entrepreneur? In some ways being an internet entrepreneur is no different from being an entrepreneur in any other field. The qualities of perseverance, business acumen, creativity, initiative, optimism, diligence, cooperativeness, work excellence etc are universally required for any entrepreneur. These qualities determine the success or failure of any business whether online or offline.
However in my personal experience, I have found that there is a distinct set of qualities the internet entrepreneur needs that the offline entrepreneur does not require. Doing business over the internet is quite different from doing business face-to-face. I have had first hand experience doing business both ways. In any offline business whether retail or wholesale, providing services or products, locally or internationally, business is often transacted and concluded because of personal contacts. Customer relationships are developed mostly through personal meetings or over the phone. This requires great skill in communication and negotiation on the part of the entrepreneur.
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So you Want to be an Internet Entrepreneur
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