In order to succeed, as an online entrepreneur, you have to create ads,
manage your money, negotiate with people, manage your team,
and solve one problem after another.

There’s a term in business called “T-Shaped” skills. It means to be an expert in a single field, while having a broad knowledge of several other disciplines.
What skills do you need to be successful as  an online entrepreneur?

To begin, you need only a solid work ethic and persistence. Over time, if you want to succeed, you will need to develop some skills as explained below:

1. Problem-Solving & Decision-Making Skills

Affiliate marketing means you’re constantly solving problems.
You’re going to face issues and problems that no one else can help you with in many other programs thanks to SFI (this is not the case),
Decision-making is just as important. Most people rely on their gut feelings
to make decisions. Learn strategies to make better decisions. Consult with experts,consider all the options, and make rational decisions instead of impulsive ones.

2. Creativity & Marketing Skills

Being a good marketer is necessary in affiliate  business.
First-mover advantage is huge in the affiliate marketing space,and in order to capitalize on it, you have to be creative.
You also have to learn how to write compelling ads & good landing page copy.
Our business is to sell,lead teams and to make people take action.

Your potential customer is surfing Facebook just for fun, so you have to be
mighty convincing if you want him to pull out his credit card and pay $50
for your product. To improve your marketing you should start by
understanding the psychology behind what makes humans buy.
What are their motivations? What words trigger them to buy?
Study copy writing and observe other marketers.

3. Technical Skills

Being an affiliate marketer require some basic technical knowledge.
You need to learn how to build landing pages,how to use social media for business set up your tracker, and deal with various issues that come up.
This is the minimum of technical knowledge you will need.Even if you know nothing about affiliate marketing, ofcourse a journey of 1000 miles is begun by just a single step, you can learn from this who are experience. I really live this industry because everyone succeeds by helping others to do the same.

4. People Skills

Developing social and communication skills is a big help.
Good relationships can credit you with a lot of success.
Some affiliates can be your eyes and ears for what’s really hot.
Mastermind and create joint ventures with others.
Some of the aspects of affiliate marketing is hard to figure out if you don't communicate with others. Have people at traffic sources who'll give you information that no one else has.
Treat others the way you want to be treated. Don’t let your ego get in the way of forming genuine connections just because you’re doing well.

5. Data Analysis Skills

Affiliate marketing is all about driving free or  buying traffic. Those clicks tell a story.
The conversions show you the types of people who like your product.
Does a certain ad convert better? Are you profitable only during certain times of the day? These are the clues you use to optimize your campaign.
Nowadays we have so many tools to help us.
Make decisions based on data, not emotions.

6. Money Management Skills

Managing your money is essential in affiliate marketing because your cash flow is the lifeblood of your campaigns. Start by being realistic about how much
you make. Making few thousand Dollars in profit is one thing, but it’s much less when you account for business expenses, shipping costs, taxes and future failed campaigns.
Watch your bank accounts like a hawk. Make sure you cancel services you’re
not using. If you have money deposited at traffic sources you’re not using anymore, ask them for a refund. Live below your means. You are probably tired of hearing this, but the reason why it’s repeated all the time is because it’s true. Too many people disappear from the industry because they were living a lifestyle they couldn’t afford. Use your money to make more money.

7. Productivity Skills

We are all obsessed with productivity. We all have the same 24 hours in a day
but some people get much more out of them than others do.
Some affiliate marketers are realizing only 10% of their potential because
they can’t get motivated or focused. If that sound like you, then this is a skill you have to improve.

8. Leadership Skills.

Sooner or later,you’ll realize that you need to start building a team.
It’s not easy,though easy and it’s a skill you have to develop. You have to delegate tasks,train your working affiliates, keep them motivated, and deal with whatever issues they have.
If those seems like too many skills to learn,the good news is that you don’t have to be an expert in all of them to succeed. Some are less important than others,
and some can be outsourced.
If you’re a beginner, it’s important not to be overconfident just because
you have pre-existing skills. It is an advantage but just because you have those skills doesn’t mean you’re going to make a lot of money.
There are other important skills you have to develop to ensure your success. I highly recommend this book for beginners or intermediate and even experienced affiliate marketers

No one is born knowing how to be an affiliate marketer. If you are missing some key skills listed above,then develop an action plan to improve
in those areas.

If you ever thought of becoming an affiliate marketer, then the best time was 20 years back and the second best is NOW!.....I wish you success.