Has anyone got any secret to share for success in online business?

Its depends on the the type of business you are going to start and how you will promote your business online..Social media is one of the best platform to promote your business..

It depends on 2 factors
1.Quality of Services/Products
2.Price

Promote your quality services/products online using Social media like Facebook,Google+,Twitter etc.

The key benefits for to become successful in online business is to have faith on ourself and patience is must while doing the same.

You all say that hard work is very important, but I think with the hard work a little bit of mind game is also important. Because all internet marketing depends on your mind's sharpness. You have to understand about your competitor's strategy and try to defeat them.

Don't loose hope to get customers or clients, be patient until you are not going to be successful is the key to success in any business whether it will be online or offline. And my experience says if you have the ability to deal with a tough situation you are going to take nominal time to be successful in online business.

For doing online business, we don't have to invest more money as well as efforts but need patience for getting results.

abhi2554 said:

One of my friends is looking for some small secrets on how to own a successful small online business and with minimum investment. Can anyone help him out?

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You can do some research first. Don't let the money or payments that they show influence your decision, yes it might be a good business opportunity but remember not everyone can sell, not everyone can write, not everyone can draw etc., so the best thing is to try to find out what it is about before you can decide to make that investment. Some ads, will not tell you exactly the nature of the job or business but only tell you about a proven method that will help you get a lot of money when you are sleeping, really? If I can get such a method I will firstly make all the money that I can get and be the next Bill gates and then tell all my friends, family, neighbors and all the people that I know and love, no one will tell you about a method that can make you money while you are sleeping, unless they want to generate your money because you are sleeping.

Always make sure you will get your money back should you decide not to continue with the business for any reason. That will take all your worries away and you will know that if you change your mind, your investment will still be safe, and please make sure to check how many days is the guarantee going to cover you because you might find that it was only a 7 days money back guarantee but you stayed for 15 days.

Find out in details what you will need to do to reach your goals with that opportunity and the time that you will need to invest in that business or part time job. Do you qualify for the job, if it is a business opportunity you also need to check if it's something that you will love to do, remember you are putting your money in it so you are expecting a return on your investment (ROI). Some internet businesses are legit but because it might not be something that you will like to do everyday, you might end up getting bored and quitting, most importantly, you will be your own boss here, so it must be something that will call you to action.

First, you have to make a business plan regards to your online business. The business landscapes continues to change very quickly, and that constant change brings about plenty of opportunities for entrepreneurs. Additionally, the tools and cost-benefit involved in building and marketing an online business have become increasingly easier, cheaper and faster than ever. But in an era where technology is always a part of our lives, you need to make your business idea, model and planning stand out if you want to succeed in the long run.

But then regarding with your starting a small investment, you have to be sure of "what" interests you the most. From a very basic level, you need to identify what your goals are as a business. What are you selling, where does it fit within the market, and what is its price in comparison? The secret of having a sucessful online business comes from your own strategy and unique type of thinking.