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There is an interesting question from one of my colleagues. Here's the question:

I've tried online businesses ranging from free to paid, but my fortune has not come. What is the excellent online business the most good?

Hmm ... excellent online business?

I frowned for a moment; later I remember a story from my friend's experience. One time my friend was met with colleague. Long time no see they were chatting at length, from about families , past experiences, to which they do business today.

At the end of the conversation, then they both exchanged phone numbers. My friend took out latest gadget from his pocket , his colleague also took out his old fashioned cell phone. My friend said, "You still use that old fashioned a phone? ". His colleague replied, " Yes , this is still good, and still works fine. I just need it for make a call and sms only."

"Oh ... so yes . But it looks like you need a more sophisticated mobile phone. Businessman should pay attention to the appearance, the gadget is one of them."

"Yes, that is correct my friend." replied his colleague with smiling. " I can buy the latest gadgets and expensive. I also bring tabs and smartphone. I only use occasionally. But my principle, I use what it is the best to produce. And make no mistake, with this phone I control my business . "

My friend was immediately silent to hear his answer to that. Like lightning in broad daylight, he immediately review his business which was nothing to produce.

Back to the topic ...

Back to the question what the excellent online business? Well, in principle, whether online or offline is the same. The Different is just how to handle it.

Using the same answer as my friend’s conversation, excellent business is the business that makes profit. You want the coal business, selling digital products, loan business, affiliate business, real estate business or any business, if those does not produce a profit, then those businesses is not good for you.

The following are reasons why you go broke doing business on the stock exchange:

1: "NO EXIT STRATEGY". The level of greed determines how much a person will incur losses in the stock market.

2) Just being followers. People buy stock based on half-truths and rumors and end up losing a lot of money.

3) Make investments based on emotions - This is a big mistake. Some investors do not know when to cut their losses. They let their emotions control them. As a result, they pour more money into the stock market when they have to cut your losses and move on. This is no different with gambling, and should be avoided.

4) Fear. When investors fears to lose money in the stock market, they eventually lost. Decisions are often made only because they saw the stock price up and down for a moment, sometimes the price moves up or down in minutes and they consider that it is a good time to sell or buy, but in fact a few moments later there is an unexpected situation.

5)Ignorance. Ignorance is a killer. Investors need to educate himself by attending financial seminars, read books and other materials about the stock market.