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Common Mistakes New Businesses Make

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  #31  
Old 09-24-2008, 08:41 PM
SameerHosting SameerHosting is offline
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Thanks for the information, this will surely help me out with my new plan model.

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  #32  
Old 10-04-2008, 03:17 PM
sazanality sazanality is offline
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Nice points.
I made some of these mistakes.

  #33  
Old 06-11-2009, 06:24 AM
ProfJ ProfJ is offline
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Decent information. I'd definitely give these ideas some thought before starting anything serious to all the newbies out there.

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  #34  
Old 11-23-2009, 05:46 AM
LushHost LushHost is offline
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Hey great read thanks

  #35  
Old 12-03-2009, 03:23 PM
SupportivHost SupportivHost is offline
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Very nice post.

I have to agree with all of your points. The most common mistake is not setting the right price. Many new host think of there pockets no and worry paying for there cheap reseller.

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  #36  
Old 12-19-2009, 01:55 PM
Ableer Web Services Ableer Web Services is offline
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Hosting companies do make allot of mistakes, one that I notice a quite often is when a new hosting company posts an advertisement in a forum's market place they expect that they will get customers right off the bat. This is far from true... statics show that it takes a client 7 views in order to go with a hosting company that they find in a forum. Which if they make a customer in the first 2 days then they are doing better than so many others. The reality is, a hosting company is not going to do the work for it's self, and definitely not at this time with all the new hosts coming into the market daily.

Basically, you are gonna have to work if you want to make it. You can't run your company on auto pilot and yet have a great company. The business world doesn't work that way, and life does not work that way. I believe that every hosting company out their who has a good strong team, rather it be 2 or 40 and also has the dedication required in today's market can make it in the industry as yet another good hosting company.

  #37  
Old 12-31-2009, 03:41 AM
BloodRed BloodRed is offline
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Nice post, should be made sticky in New members intro section.

  #38  
Old 01-01-2010, 02:56 AM
laswatech laswatech is offline
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Very informative tutorial..thumbs up..:-)

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  #39  
Old 01-05-2010, 03:37 AM
Disrelation Disrelation is offline
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Wow, this thread was very informative and covered a lot of mistakes that could be fatal to beginning companies. This was a really good thread and definitely should be read by those whom wish to start their own web hosting company.

  #40  
Old 01-12-2010, 08:23 PM
the_dreamer the_dreamer is offline
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Quote:
Originally Posted by cywkevin View Post
Competitive Analysis

(some people choose to include this in "Market Analysis," but
that is your choice): The section will show that you are fully aware of the competitive forces at work in your marketplace. It will explain your strengths over the competition, as well as how you will counteract their advantages and overcome (or compensate for) your potential weaknesses.

Common Mistakes:

1.Not identifying known major competitors
2.Underestimating competitive strength and potential
3.Failing to demonstrate what makes you better
4.Having no strategy for counteracting current (or emerging) competition
5.Assuming you have no competition
6.Failing to show an awareness of competitor’s plans in the market and their business
cycles.
In my opinion, competitive analysis is the most important factor to consider when setting up a hosting business. A business owner should be able to see very clearly how he is going to conquer the market. It's like going to a battle fully-armed and ready.

  #41  
Old 01-12-2010, 10:33 PM
Disrelation Disrelation is offline
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Quote:
Originally Posted by the_dreamer View Post
In my opinion, competitive analysis is the most important factor to consider when setting up a hosting business. A business owner should be able to see very clearly how he is going to conquer the market. It's like going to a battle fully-armed and ready.
I completely agree with this post, business owners going into ANY market should analyse their competitors when developing their business.

  #42  
Old 01-19-2010, 07:43 PM
Cidots Cidots is offline
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Thanks for the information! No Mistakes = Good Business

  #43  
Old 03-07-2010, 02:19 PM
caisc caisc is offline
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Nice guidelines, that needs to be revised from time to time.

Thanks

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  #44  
Old 03-24-2010, 03:23 AM
indifferent indifferent is offline
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Very Nice thread. This will be helpful to anyone looking to start or are already in business.

  #45  
Old 03-24-2010, 11:05 AM
kytech kytech is offline
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THANK YOU SO MUCH for this great tutorial! Hopefully I won't make any of these mistakes. Great information.

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