Although every type of online business has its own specific challenges, there are also a lot of commonalities. One of those common threads is a need for flexibility, which is what I want to talk about with you today.
As I mentioned at the beginning of the year, I think it is important to establish goals. When the goals aren’t quite working out in the way we want them to, however, it becomes important to take a step back and shift our focus onto a new goal or rework the goal into something else. In other words, we sometimes have to adapt or get more flexible to embrace another way of thinking.
As an example, my original plan was to get my eBay store back up and running and then shift into selling on Amazon. Unfortunately, as you may have read online, eBay has recently had some issues with security (possible hacking incidents) and then adding to that, other eBay sellers that I know have been telling me that sales have steadily dropped over the past couple of months with some sellers even telling me that their sales are down 60-percent in the month of June over what they were last year.
I have to confess that this brought about some hesitation in continuing on my path. In fact, I actually stalled a bit in my goals and planning while I tried to figure it all out. You see, this is where suffering from Information Overload gets rather tricky because my normal reaction would have been to go off in several different directions all at once while I tried to analyze what to do next.
This time though, I am proud to say that I took that step back and revisited my goals. Since starting to sell on Amazon was also one of the goals on my list, I decided to shift my attention to it. I will still sell on eBay, but now I am going to pursue selling on Amazon as well. I’ve already targeted what I am going to sell, so as soon as it arrives, I will be sending it in to Amazon FBA.
What I’m getting at here is that there are always going to be challenges. When you are flexible with the plans for your online business, however, you can weather the storm by being able to shift your core focus from one plan of action to another when you find you need to.
Finally, I hope this once again reiterates what I’ve been telling you about the need for multiple streams of income. EBay sales may be down, but Amazon sales are up. If all your eggs are in the eBay basket, you may not be able to buy any more eggs for a while, but stay flexible by putting some eggs in each basket and you will find that you can easily adapt to the changes in your online business when you need to.
~Until next time