Up to 95% of internet businesses fail. The single most important thing you can do in the life of your business to a 95% failure rate into a 95% success rate…

Since this site is all about finding a niche for your online business, part of the research that needs to be done is figuring out whether you can get traffic to your site and whether your visitors will buy something.

That means testing the research. In this phase you need to be watching the numbers carefully to see if you’re on track. Lots of clues are available long before you make your first sale or get your first subscriber so you really need to be on top of this during the early development of your site.

Later these numbers will keep you focused on exactly what you need to be doing to grow your business. Which stats you track will depend on where you are in your business development…trying to generate traffic, building a list or making sales etc.

Recently I heard a small business coach, suggest to folks that you just keep trying things until you find something that sticks.

I don’t really think it was meant like it came out, but I had to cringe…