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5 Keys to a Money Making Online Business

We’re always trying to over complicate things, aren’t we? Making things appear more difficult than they really are. Why is that?

5 Keys to a Money Making Online Business

The other day I saw a break down of the 7 things you need to build your online marketing business, which was 2 more than you really need. Here’s my list: Network, List Build, Focus, Take Action, Produce. That’s right, just 5 things.

So let’s break each one down to it’s simplest form:

Network. Make friends with other marketers in your niche, whatever that niche might be. When you need help (such as promotion) call on them. Help them out when they need it.

Why is networking so important? 3 reasons: First, working from home can be lonely, daunting, and just plain difficult. It’s easy to procrastinate. It’s easy to get bogged down on some little obstacle. But when you’ve got others to turn to for morale support, it gets a whole lot easier.

Second, you can get quick help. Having trouble loading that widget or formatting that ebook? Contact your friend who’s a wiz at it and you’ve got the help you need. Be there to help them, too.

Third, promotion. Do you think it’s just coincidence when you get 5 or 10 emails promoting the same product? No. Those are friends of the person launching the product. It can make all the difference in the world to have a list of people to turn to when it comes to promoting your products. Without networking, your list is going to be a whole lot smaller.

Build a list. No need to spell this one out – if you’ve got a list then you’ve got people to promote to. The better and bigger the list, the more prosperous your business can be. If you’re not list building, begin now – as in TODAY.

Focus. I know I’ve hit on this before, but here goes – STAY FOCUSED! I wanted to add a swear word after that for emphasis, but in the interest of keeping this PG I won’t.

So many times I see people jump from this to that to the thing over there and around and around and they never stay focused on one thing for more than a day or two and then they wonder WHY they’re aren’t successful.

Pick something. ONE thing. Then FOCUS on that one thing until you’ve got it done. Eliminate distractions. If need be, REMOVE distractions from your immediate vicinity. Set a work schedule and STICK to the work schedule.

Here’s something to make it simple:

The more focused you are,
the more money you will earn.

Period.

Take Action. Don’t just plan and daydream, DO. Move forward every single day by taking a real action that gets you closer to your goals.

Produce products. LOTS of products. There are those who buy lots of products and those who PRODUCE lots of products. Who do you think is more successful?

Let’s put it another way – what are your odds of success if you produce one product versus 10 products? 100 products? Not all of your products will be grand slams, but when you produce enough of them then some of them will be hits. Also, by producing your own products you’re also building your own reputation online, which furthers your success. So take the plunge and begin producing products to sell in your business – in fact, make a HABIT out of product production.

That’s it. Do these 5 things day in and day out starting today and continuing as long as you’re an online marketer, and success will almost undoubtedly be yours.

Source: hbti

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Why Hate Mail is GOOD – And What To Do About It

If you’re an online marketer, you’re probably going to get flamed now and then.

Why Hate Mail is GOOD – And What To Do About It

But you know what? Getting hate mail is actually a GOOD thing.

In a nutshell, here’s why…

If you’re trying to please everyone, you’re pleasing no one. If you’re pleasing no one, well, you’re probably not making any money.

The reason we choose a niche is because we’re targeting a certain market. Everyone else need not apply. It’s like in sales – you’ve got to get through some “no’s” to get to the “yes’s.”

But online is slightly different because instead of people simply telling you “no,” you’ll have a few who go off the deep end and write you a nasty email.

What should you do?

First, be happy. If you’re annoying somebody that bad, you’re also making others happy. Do you think Rush Limbaugh (a famous ultra-conservative radio talk show host in the U.S.) angers a lot of people? You bet! Yet he’s a multi-multi-millionaire.

Second, don’t reply. People who send you hate mail are trolls, and the moment you enter into a conversation with a troll you have lost. So just ignore it.

Third, you might talk about the email to your readers. Why would you do something so seemingly crazy? People like to “belong.” And when they read the email, they will see it as written by someone outside of your clique. It becomes an “us” vs “them” sort of thing, with you and your readers being the “us.”

Your audience will appreciate that they are a part of YOUR group and will see the offending party as an outsider, thereby strengthening your bond with your people. It can even make your sales go up for that day.

So next time you get hate mail, smile and know that you are indeed doing something right.

One more thing – be sure to delete and blacklist the sender from every email list you’ve got. The best thing about this kind of person is never hearing from them again.

Source: hbti

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What Do You Do For A Living?

When someone asks what you do for a living – what do you tell them?

What Do You Do For A Living?

That you own a business? That you write a blog? That you create products or build websites, or that you’re a doctor or a lawyer or a plumber or a race car driver?

I hope not, because while all those things are professions – they’re still NOT what pays your bills.

The only real answer to the question of what you do, regardless of what your profession is, is that you are a marketer!

Your specialty is attracting new customers or clients, persuading existing customers to make larger and more frequent purchases, and ensuring that they continue to buy from you – forever.

Your answer to “What do you do?” says a great deal about how YOU think about your business or job. If you’re defining yourself by the service you provide or the products you sell, you’re setting yourself up to lose business that otherwise could have been yours simply because your head is in the wrong place.

Every business is first and foremost a marketing enterprise, even if it’s a non-profit. After all, without customers, you have no business. Getting those customers and then getting those customers to spend their money with you is how you stay in business, stay profitable and grow.

When your mindset is on marketing first, you will base your decisions on what creates business, thus eliminating many of the wrong turns and mistakes that the “business owners” make.

You are a marketer. Say it loudly, state it proudly, act accordingly and you cannot help but be successful.

Source: hbti

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