Over half the small businesses that open their doors today, will close their doors in less than a year. That’s a 50% failure rate and that’s scary. But if business owners set their mindset before opening their businesses, the failure rate could drop.

Every entrepreneur faces a plethora of mindset challenges. We’re going to look at three of the common challenges that plague small business owners in a series of three articles.

Article 1 – Business Pitfall #1: Money Paradigm
Article 2 – Business Pitfall #2: No Plan
Article 3 – Business Pitfall #3: Information Overload

Business Pitfall #1: Money Paradigm

A paradigm is a commonly held belief, or way of thinking. Sometimes it may be true, but quite often it is not. For example, in ancient times, a common paradigm was, “the world is flat.” Science proved that paradigm to be false.

Today, a common paradigm is, money is in limited supply. The truth is, there is no limit to the amount of money you can amass. The only real commodity in limited supply is time. However, you must remember that time is your friend, not your enemy! Every person has the same amount of time in a day. But people use their time differently. The activities of a multimillionaire are much different than those of a struggling factory worker.

Today, most people’s outlook on money is defined by their paycheck. If they make $3,000 a month, they try to squeeze their lifestyle into a $3,000 box. They live in a house they can almost afford, they drive a vehicle they don’t like and they travel only as much as their credit card allows. They think money is limited.

In the industrial age, that was somewhat true. People could get a second job to supplement their income, but they rarely got further ahead, because they were still limited by the amount of time they could work. Thank goodness we’re not in the industrial age. At the turn of the century we entered the information age.

Today, you can sit in front of your computer for an hour or two and make tens, even hundreds of times more money than you could make in the industrial age. Your income is no longer limited to the number of hours you can work. It’s only limited by your imagination, your knowledge and your action.

People all over the world are turning to the internet to start a small business venture. The advantages of a virtual business include, no commuting, very low start up costs, minimal maintenance fees, flexible work hours, no set location – work wherever there’s an internet connection, and no boss hanging over your shoulder.

The internet opens a whole new world of possibilities for ordinary people who are willing to push through the money paradigm.

Terry Telford

Terry Telford is a co-founder of iClick University, a step-by-step program for building your internet business. For a full course outline, visit http://www.iClickUniversity.com

Hi there

I’ll try to keep this brief, but I’m really, really
excited, so I may ramble a bit

I need 100 Beta Testers to stress test and critique a brand
new training system. And that’s fantastic news for both of
us.

I’ll start at the beginning, so you know where this came
from.

I get at least 10 emails or phone calls each week from
people who want to know how to start an online business. I
sympathize with everyone who is struggling to start an
online business, but I don’t have time to train each person
individually.

The flip side of the coin is to hire me as a consultant,
but my fees don’t fit most beginning internet entrepreneur’s
budgets.

So there is a gap between teaching people how to set up and
profit from an online business and the new business owner’s
ability to pay for the consulting they need.

This is a gap that’s frustrated me for a while, because I’d
love to help everyone enjoy the internet business owner’s
lifestyle. And now I can

Here’s how:
Three years ago, my business coach, Richard Butler, and I
started working on a training system that combines the best
of both worlds. Our goal was to create a self-directed
university style course, but have contact with the students
at the same time.

We wanted to answer your questions live, in an open
TeleClass environment. And help you build a profitable
internet business, based on systems. So you could plug into
the system and repeat it as many times as you want in as
many internet businesses as you want.

We wanted a training program that took you right from the
beginning and taught you how to clone the way successful
entrepreneurs think. How to start at the beginning and
register a domain name, set up hosting, design a simple
product and build a basic website. And finally, how to get
lots of visitors, so you make lots of sales.

That’s what we wanted. And that’s what we built.

And now it’s your turn to put it to the ultimate test.

We are allowing 100 people to Beta Test the system and give
us feedback. It means getting into the system and using
everything we’ve provided for you.

Then we’re going to get on group conference call and
discuss what you like about the course and what you’d like
improved.

If you’d like to become a Beta Tester and learn how to
start and run a profitable internet business at the same
time, I invite you to visit

http://www.iClickUniversity.com

I look forward to hearing your comments.

Talk again soon.

Enjoy your day!

Terry Telford

Terry