Date Added: Jan 2010
One difference researchers have often found between entrepreneurs who succeed and those who fail is the existence of a written business plan. For anyone just starting their own business making money online, writing a business plan seems like an unnecessary task. Afterall, most so-called "Gurus" don't mention it. According to them, to run an online business you just simply need to put up a website or start a blog, do a little advertising, and boom! You'll make money and live happily ever after. Increase your chances of success by putting together some thoughts on paper and creating a mini-business plan. It helps clarify what you are going to do, how you are going to do it, why you are doing it, and what your expectations are.