It is that time of year. Time to sit down and evaluate your goals for 2011. Last year I set a very specific goal. I wanted to attain 100 personal referrals for my primary business. This was my first real attempt at setting a specific goal. I reached my personal referral goal in July. But, I have not reached my monthly income goal. This left me wondering what I had done wrong?
I have learned you can't pick a random number out of the air. This will not help you achieve success. You need to analyze what you need to do to generate the income you want to produce. You need to break down your monetary goal in to achievable mini goals. This will help you maintain focus which will lead to your success.
I have found most people want to Get Rich Quick. If they don't attain a certain level of income quickly, they quit and jump to a different program with promises of riches. Although this is a nice dream, it is unrealistic to believe you can achieve riches without work.
Build your business the right way. Set small goals which will lead to your primary monetary goal. Build slowly so your business will remain strong. Form a team of strong individuals who have the same goals. We are all stronger with the help of others.
This year when I sit down to set my goals, I will analyze what will help me produce income; What will help me achieve my monthly monetary goal? I am going to break down my expenditures and my current level of income. I am going to use the knowledge I have gained to set realistic goals which will produce results. I am hoping by breaking it down to the basics, I can grow my business and start producing the monthly income I desire.
I recommend you set mini goals. If you don't know how to do this, talk with a mentor in your primary business. Have them help you set up a plan which will help you meet your monthly income goal. If you don't know anyone, I will be glad to help. Just contact me and we will set up an appointment to talk about your primary business and the level of income you want to achieve from it next year. If you have set your goals, I would be very interested in hearing some of the goals my peers have set for next year. Please leave your specific goals by commenting below.
Good Luck and Here is To A Prosperous New Year!
Showing posts with label business opportunity. Show all posts
Showing posts with label business opportunity. Show all posts
Sunday, December 26, 2010
Thursday, December 16, 2010
What Does It Take To Succeed As An Internet Marketer?
I have been working extra hard over the last 30 days which got me to thinking -"What Does It Take To Succeed As An Internet Marketer?" Of course, the definition of success is subjective to each person. Let's be realistic and talk dollars and cents.
Each of us have set a monetary goal for ourselves. (If you haven't done this, stop reading and go do it now.) One of the things I have learned is there is no quick way to achieve your long term monetary goals.
This is why it is important to break down your goals in to steps. Let's say you want to achieve a monthly income of $1000 each month. How can you achieve this goal. What programs are you using? What is your success rate? What is your retention rate?
These are all important aspects you need to consider when designing your daily routine. If you are using a program which pays you a $10 monthly commission on each active referral, then you will need 100 active referrals to achieve your goal. If you have a success rate of 1 in 10 sign ups per legitimate contact, then you will need to make 1000 contacts to reach your goal. If your retention rate is 50%, then you will need to replace 50% of your referrals each month.
Now break this down in to weekly and daily goals. If you can get 50 contacts a week or 10 per 5 day work week, then it will take you 20 weeks to meet your goal of 1000 contacts. But, if your retention level is 50%, then you will need to add 10 weeks to you goal plan. This will give you a legitimate capability of reaching your goal in 30 weeks. If you take the time to look at a plan pragmatically, then you will understand why most people quit before they meet their goal.
So, What Does It Take To Succeed As An Internet Marketer? It takes a goal, a plan of action, and the determination & patience to see it through. If you became an Internet Marketer to Get Rich Quick, then I suggest you look for another business.
Each of us have set a monetary goal for ourselves. (If you haven't done this, stop reading and go do it now.) One of the things I have learned is there is no quick way to achieve your long term monetary goals.
This is why it is important to break down your goals in to steps. Let's say you want to achieve a monthly income of $1000 each month. How can you achieve this goal. What programs are you using? What is your success rate? What is your retention rate?
These are all important aspects you need to consider when designing your daily routine. If you are using a program which pays you a $10 monthly commission on each active referral, then you will need 100 active referrals to achieve your goal. If you have a success rate of 1 in 10 sign ups per legitimate contact, then you will need to make 1000 contacts to reach your goal. If your retention rate is 50%, then you will need to replace 50% of your referrals each month.
Now break this down in to weekly and daily goals. If you can get 50 contacts a week or 10 per 5 day work week, then it will take you 20 weeks to meet your goal of 1000 contacts. But, if your retention level is 50%, then you will need to add 10 weeks to you goal plan. This will give you a legitimate capability of reaching your goal in 30 weeks. If you take the time to look at a plan pragmatically, then you will understand why most people quit before they meet their goal.
So, What Does It Take To Succeed As An Internet Marketer? It takes a goal, a plan of action, and the determination & patience to see it through. If you became an Internet Marketer to Get Rich Quick, then I suggest you look for another business.
Friday, August 20, 2010
Stick With Your Primary Business
It wasn't long ago I wrote a blog post about being loyal to one company. I am pretty sure I ranted a little bit about joining too many opportunities. I still believe this to be true. You need to find a PRIMARY BUSINESS and stick with it.
But since that post, I have learned a lot about Internet marketing. I learn more and more each day. I now believe it is very possible to be affiliated with more than one business. I am not talking about the usual affiliate marketing. If you are marketing on-line, you are more than likely doing some affiliate marketing yourself. It seems affiliate marketing is just the natural progression of becoming an Internet marketer. It is only natural that you will promote programs you use personally, especially if the company will pay you to do it.
What I am talking about is promoting more than one program. There is so much open space out here in Internet Land. There are tons and tons of people looking for an opportunity which will fit them. What appeals to one may not appeal to another. That is just normal. So, how do you decide what to promote and when? I am still a avid believer in having a Primary Business. No matter what else you may decide to do to earn some extra money, you need to have a Primary Business. Everything else you do should lead your prospects to your Primary Business in one way or another.
I am not saying go out and join every single program you see advertised. That will take your credibility level down low. But, if you find something besides your Primary Business which you think is a good fit for you, then make the decision which is best for you. This doesn't mean abandon your other business. As a matter of fact, if you work it correctly, this should help build your Primary Business. By building relationships in more than one area, you should be able to build your businesses, as well.
So, over the last few months, I have learned to keep an open mind. Look a little deeper. Investigate before taking action. And, try to work with the best in your field. All of these things may lead you on a path you didn't expect, like starting a new business endeavor. In the long run, stay focused on your primary goals and your primary business.
But since that post, I have learned a lot about Internet marketing. I learn more and more each day. I now believe it is very possible to be affiliated with more than one business. I am not talking about the usual affiliate marketing. If you are marketing on-line, you are more than likely doing some affiliate marketing yourself. It seems affiliate marketing is just the natural progression of becoming an Internet marketer. It is only natural that you will promote programs you use personally, especially if the company will pay you to do it.
What I am talking about is promoting more than one program. There is so much open space out here in Internet Land. There are tons and tons of people looking for an opportunity which will fit them. What appeals to one may not appeal to another. That is just normal. So, how do you decide what to promote and when? I am still a avid believer in having a Primary Business. No matter what else you may decide to do to earn some extra money, you need to have a Primary Business. Everything else you do should lead your prospects to your Primary Business in one way or another.
I am not saying go out and join every single program you see advertised. That will take your credibility level down low. But, if you find something besides your Primary Business which you think is a good fit for you, then make the decision which is best for you. This doesn't mean abandon your other business. As a matter of fact, if you work it correctly, this should help build your Primary Business. By building relationships in more than one area, you should be able to build your businesses, as well.
So, over the last few months, I have learned to keep an open mind. Look a little deeper. Investigate before taking action. And, try to work with the best in your field. All of these things may lead you on a path you didn't expect, like starting a new business endeavor. In the long run, stay focused on your primary goals and your primary business.
Thursday, August 12, 2010
The Promise of a One Time Investment
Are you ready to DREAM AGAIN? Do you DARE? I have recently been introduced to an opportunity which looks very promising, MPB Today. I looked at this about a week ago and passed on it. But recently, I was presented the opportunity again by someone I respect, Sherri Kirklin. Sherri has been marketing on-line for over 10 years so she has seen programs come and go. What, also, caught my interest was the videos made my master marketer, Terry Holker. I will have to admit it was Terry's videos which sold me on this opportunity. He is a very good presenter of facts and is quickly rising as one of the greats in Peoplestring.
It is always easier to invest when there is the promise of a ONE TIME out-of-pocket expense. No monthly fees to add to the ole credit card. Plus, with this program, for the investment you are making you will receive actual goods for the money. Stuff you really use. The company is putting it simply like this: Would you spend a one time out-of-pocket expense of $200 to totally eliminate your grocery bill? Well, heck ya! Who wouldn't? The REAL Question is: Do you believe it is possible? Watch Terry's VIDEO - The Nuts & Bolts of MPB.
If you are convinced the program can work, please come back to this page and join via my referral link. JOIN HERE I will look forward to working with you on my team.
For me, it is time to dream again. I have been working hard to build my on-line reputation. I mainly promote FREE opportunities to make extra cash. These programs work but they do take time. I am hoping this will add to my portfolio of good business ventures.
It is always easier to invest when there is the promise of a ONE TIME out-of-pocket expense. No monthly fees to add to the ole credit card. Plus, with this program, for the investment you are making you will receive actual goods for the money. Stuff you really use. The company is putting it simply like this: Would you spend a one time out-of-pocket expense of $200 to totally eliminate your grocery bill? Well, heck ya! Who wouldn't? The REAL Question is: Do you believe it is possible? Watch Terry's VIDEO - The Nuts & Bolts of MPB.
If you are convinced the program can work, please come back to this page and join via my referral link. JOIN HERE I will look forward to working with you on my team.
For me, it is time to dream again. I have been working hard to build my on-line reputation. I mainly promote FREE opportunities to make extra cash. These programs work but they do take time. I am hoping this will add to my portfolio of good business ventures.
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