Goal Setting for Your Internet Business - How to Get From Dream To Accomplishment
You have a dream! A dream of being wealthy! A dream of working from home! A dream of telling the boss where to put something! (Just kidding!) A dream of becoming who you really are! The question now is: how do you turn that dream into reality? Is there any secret sauce you can pour on that baby to make it actualize itself? What steps do you need to take in your internet business to make your dream real? Well, internet business is like off-line business, except better! Let me explain.
It takes a long time and a lot of work to get most off-line businesses off the ground.
Let's say you open a restaurant.
Even if you do things right, it will be a year before you're making a profit.
I was making a profit the first week I was doing my internet marketing business.
(Not much of one, but it was indeed a profit.
) I often tell people internet marketing is like regular business, but on steroids.
When you get good at it, you can have an idea, research a market, throw up a webpage, fill it with enough content to get started, do some sort of marketing, and start getting traffic and hopefully sales in a matter of hours.
Let's say in your current job, you're making 40k a year.
If you work 2,000 hours a year (40 hours a week times 50 weeks), then you're making 20 bucks an hour.
So, let's say you spent five hours getting a website up and running.
Once you make enough to pay yourself for the time you've put into it, you're in profit! So, getting your site up and running cost you $100 in your labor.
Suppose you're average commission per sale is $20.
Not unreasonable with a Clickbank type information product.
In five sales, you've paid yourself back for your labor.
After that, it's all gravy! For a brand new product, in a brand new niche, you're looking at becoming profitable in a matter of days, maybe two weeks at most.
That's what I mean when I say internet marketing is business on steroids.
But now, the question remains, how to you move from dream to goal to achievement? A dream is a desire, a wish.
A goal, however, is a desire that you have actually figured out a series of steps to make it happen, and also a time frame for achieving it.
Take your dream of being self-employed, for instance.
Decide how much money you have to make per month to justify quitting your job.
(At least as much as you now make on your job!) Next, figure out how you're going to get from where you are to making that type of money.
Plan your work and work your plan.
It takes a long time and a lot of work to get most off-line businesses off the ground.
Let's say you open a restaurant.
Even if you do things right, it will be a year before you're making a profit.
I was making a profit the first week I was doing my internet marketing business.
(Not much of one, but it was indeed a profit.
) I often tell people internet marketing is like regular business, but on steroids.
When you get good at it, you can have an idea, research a market, throw up a webpage, fill it with enough content to get started, do some sort of marketing, and start getting traffic and hopefully sales in a matter of hours.
Let's say in your current job, you're making 40k a year.
If you work 2,000 hours a year (40 hours a week times 50 weeks), then you're making 20 bucks an hour.
So, let's say you spent five hours getting a website up and running.
Once you make enough to pay yourself for the time you've put into it, you're in profit! So, getting your site up and running cost you $100 in your labor.
Suppose you're average commission per sale is $20.
Not unreasonable with a Clickbank type information product.
In five sales, you've paid yourself back for your labor.
After that, it's all gravy! For a brand new product, in a brand new niche, you're looking at becoming profitable in a matter of days, maybe two weeks at most.
That's what I mean when I say internet marketing is business on steroids.
But now, the question remains, how to you move from dream to goal to achievement? A dream is a desire, a wish.
A goal, however, is a desire that you have actually figured out a series of steps to make it happen, and also a time frame for achieving it.
Take your dream of being self-employed, for instance.
Decide how much money you have to make per month to justify quitting your job.
(At least as much as you now make on your job!) Next, figure out how you're going to get from where you are to making that type of money.
Plan your work and work your plan.
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