7 Mistakes Home Based Online Entrepreneurs Should Avoid
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That online business is easy to start and cost little capital to kick off does not mean you can just start one and achieve success without proper approach. Just as easy as it is to start, so it is easy to pack-up. Experts claim that about 90% small scale businesses fail within the first five years. The failure rate for the online home based business is worse. Too many home based online entrepreneurs get confused and frustrated within the first six months and they end up packing-up.
If you are really serious about starting a home based online business and making success of it, then you need to learn from the pitfall of others so that you do not end up like them.
1. No written Goal and Plan
If you don’t know where you are heading to, you will end up arriving nowhere. Starting an online home based business without having a proper written Goal and drawing up a blueprint of how you intend to arrive at the goal is sure road to business failure! If you write out your goal and spend time developing a blueprint you will discover potential pitfalls and hurdles that you are likely to meet on the way. Also, it will be easy to evaluate your progress by comparing result with expectation.
I know you want to ask, is it necessary? Are those stuff not for big entrepreneurs? Well, you want your home-business to be as successful as that being run by those big entrepreneurs, don’t you? If you want to be a successful entrepreneur, then you must think and act like a successful entrepreneur. Read more
How To Transfer Fund From AlertPay
How Do I Withdraw Money From My AlertPay Account?
I wrote about AlertPay sometime ago in a post titled How to receive Payment Online. AlertPay, which is a Canadian Online Payment Processing Company, is a competitor to the widely know PayPal Online Payment Processor. PayPal has refused to allow many African Entrepreneurs (especially Nigerians) to use its facility in conducting business online. Their reason being that those nations harbor SCAM Artists (I wonder if PayPal action can be justified as being fair, since every nation has their own set of black-sheep).
I strongly encourage African Entrepreneurs, especially Nigerian Entrepreneurs to subscribe to AlertPay service. Opening an account with them is free. You only pay fees when you are withdrawing or spending money from your account. This is similar to the bank charges that local banks takes for providing you with their service. You can get your free AlertPay Account by clicking any of the links or the banner below.
Well, AlertPay has proved to be a good competitor and they allow African Entrepreneurs including Nigerians to do business online using their payment processing facility. Of recent, I have received mails and IM’s requesting to know how an African Entrepreneur can withdraw fund from the AlertPay account into a local bank account.
The answer is simple and can easily be found on their website at the following url www.alertpay.com/info/worldwide.aspx (please, copy and paste url into your browser) However, for convenience sake, I will simply explain what is written there.
Depending on where you reside there are three (3) ways you can withdraw money from your AlertPay account.
1. You can request for a Check from AlertPay
You can then pay same into your domiciliary account with the local bank. All countries that are allowed to subscribe to AlertPay are eligible for this. In some countries, the cheque might take about 21days to get cleared.
2. You can request for a Direct Deposit into your local bank account
You can only use this method if your country of residence is eligible for such service. Please note that Nigeria is not eligible for such service. Only three countries in Africa are eligible, namely South Africa, Reunion and Mayotte.
3. You can request for Bank Wire Transfer
Almost all African Countries are eligble for this, except Republic of Congo.
I do hope this brief explanation puts to rest the fear of my fellow African Entrepreneurs who want to know How they can withdraw Fund from AlertPay into their local bank account. You can get free updates to this article How to Transfer Fund from AlertPay and other Small Bsuiness Survival Tips by subscribing to Nigerian Entrepreneur RSS FEED, it is free. See you at the top, Cheers.
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