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Generally, it’s not their fault, but that is how the system works on the Internet.
Related: Importance of Internet Safety According to the definition of what internet was made for, internet should save your time and make you more productive.
It’s true in most of the cases such as banking, learning, marketing and social networking.
A person intent on becoming successful in his career and business uses internet for taking online courses, for enhancing technical skills, marketing and selling skills etc.
It means there are various types of users that we can categorize according to their purpose in life.
And if he/she is not able to survive or able to grow his/her business, it’s because of big companies taking over the whole market share online and small business owners cash flow is low due to higher competition on the Internet.
It’s because consumers only buy products and services on the Internet when they are convinced about certain things such as product images, descriptive text, testimonials, delivery methods, website design, user experience and many other things.
It’s great, but what happens later is not expected.
When they don’t get results for their efforts on the internet they start doubting their abilities, knowledge and start losing self-confidence and give up on many things.
If 90% of new businesses failed in the first 5 years then they failed due to competition from bigger companies from developed countries.
There are other reasons too but if you do a little research you will find that most of the companies and their ideas and market are already broken in and they are unable to grow further.