You often heard running your own online business is the best way to escape the rat race and live the lifestyle you have always wanted - flexible working hours and the ability to work from anywhere including your bed. Wow what a business? It triggers in your head - can I earn money blogging? And what is the best way to earn money blogging. As wonderful as it sounds, starting an online business comes with harsh realities that you have to be prepared to face, even before you write down your business plan. Only 10 percent of new business succeed, and the average success rate of a first-time startup businesses is 12 percent. So to increase your chances of succeeding, you have to understand and prepare yourself to face the difficulties that lies ahead. Here are several hard truths about running an online business that you will have to prepare for: 1. Success Rates Are Very Low The influx of startups making it big over the past few years. This has given many aspiring online business
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