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Putting The 4 Hour Work Week Into Practice

I wrote in a previous blog about "The 4 Hour Work Week" by Timothy Ferris. Intrigued by what this author had to say I managed to obtain a copy from my local library so I could delve deeper into his "techniques" for changing lifestyle and becoming one of the New Rich (NR). He certainly has some eye-opening ways to get to a 4 hour work week, not the least is abiding by "Pareto's Law" and "Parkinson's Law". Pareto's Law is popularly called the 80/20 principal. That is 80% of results come from 20% of effort and time, and Parkinson's Law which dictates that a task will swell in (perceived) importance and complexity in relation to the time allotted for its completion. I've heard of both of these laws before. Whilst undertaking management training I was often reminded by my mentor "work expands to meet the time allocated". And I saw the reality of this many times. When you are in business for yourself we alone are responsible for implementing Pareto's Law and Parkinson's Law. The 4 Hour Work Week is a journey identifying where you are wasting time, how to eliminate time wasting tasks, and how to be more productive towards reaching your goals. The stumbling block which most of us face though is fear. Fear of actually letting go of the 9-5 work week, and pursuing the experience which we yearn for. The reader is asked to complete various exercises throughout the book, to focus where you are putting your attention, and evaluate whether your focus is getting you where you want to be. One of the first "Aha moments" came when Timothy stated he only checks emails once a week and limits emails to an hour every Monday. To say I was shocked would be an understatement, but when I was reminded about Pareto's Law, I immediately vowed to eliminate all of the time wasting emails I read. So committed I was to re-gaining some of my time back to use towards reaching my goals I immediately put down the book, logged on to my PC, and started to unsubscribe from my email lists. I would estimate that I would be on at-least a hundred mailing lists. All of the lists I have subscribed to over the past 2 years meant I was getting a ton of email every day. Of course I tried to read them all, but found I was falling behind every time I focused on what I needed to do rather than read the emails! If you want to see a list of who I unsubscribe from click here. You can imagine how much time I freed up to focus on my 4 Hour Workweek! More about my journey and how you to can commit to a 4 hour work week in coming posts.

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How to Get Your Site Visitors (NOT) Doing What You Want

This morning I took a phone call from a young guy who was trying to sell me the benefits of signing up to a new website which had just been launched with registration being offered free of charge as an enticement. The conversation was a relaxed "no hard sell" spiel inviting me to list a property I have for sale on their site. He went through some preliminary questions, invited me to have a look at the site, and asked if he could phone me back asking what I thought of their offer. I said I would have a look, but prefaced it with me being an internet marketer, and web designer, and that to be fair I would probably be highly critical of their site. Whilst he wasn't the site owner, he was interested in hearing what I had to say, so he agreed to call back and take my comments on board. We discussed briefly his dream of retiring at 26 (2 years away), and how my comments may help him overcome objections when pre-selling the site. He left me with the website name OnTheHouse.com.au I always enjoy looking at other people's sites. Not only do I get new ideas, but giving a critique on a site keeps me focused on what works and what doesn't. I did mention to him I would most likely post a blog about my findings. The first thing I did was enter the site url as a dot com. My mistake - I should have added .com.au. If I was sure I had put in the correct site same I would have closed the site pronto and not gone back. So here's what I found (and I invite you t have a look at their web site so you can see what I was looking at). Here's what I found (in no particular order). Mistake 1. There is already a domain with the same name - www. onthehouse.com. which is totally unrelated.  For those who use the internet frequently one is more likely to put in .com than .com.au This means the site owner is potentially loosing vistors who go to the wrong site. Of course I would try the .au extention, but that's me. How many wouldn't? Solution: Change the name. I know this sounds drastic, however you can't do a re-direct on the .com to point to the .com.au, so there is nothing you can do to eliminate this problem. Only aggressive branding will overcome this problem without changing the same (and they will still have people going to the .com anyway) Mistake Number 2. - Assuming I went to the wrong site, I input into Google the site name (with the added search word of Australia), and guess what? Not to be found. Which begs the question "If people can't find your site what chance have you of getting visitors"? Solution: Spend some money on SEO fast! Mistake Number 3 - Home Page a disaster! Site visitors are generally pretty lazy, and if you don't have the information they are looking for right in front of them then you run the risk of loosing the visitor very quickly. Statistically, you have 4 seconds to convince a visitor to stay. What was I looking for? The benefits of signing up. The ease of listing their property and the ease of buying property. Did I find them? Nope. Now one would assume the site has been set up to get people to sign up, whether it's to buy or sell a property. With that in mind I pushed on. Mistake Number 4 - The site didn't have a tag line. A tag-line can very quickly tell your site visitors what your site is all about, and this site (while it had the room to put one, chose instead to have a large space filled with a green striped background of nothing. Empty space on a website is like real estate without a house. Mistake Number 5 - Not focusing on the reason they built the site. Whilst the navigation was clean easy to use, the next mistake was obvious to any site visitor. I clicked on "Join Now", and was taken directly to the sign up page. Guess where the benefits were listed? In a link in the text. Solution: As this is a new site the benefits of signing up should clearly be on the home page. Until this site gets the exposure it needs to pull in visitors it makes sense to maintain the homepage with the benefits and go all out for getting sign ups to increase their database of prospective buyers and sellers. Solution: I'm scratching me head wondering why on earth they wouldn't re-iterate the benefits of sigining up by putting them right in front of your face, then adding a link to the sign up page. Mistake Number 6 - Negative copy "Why not join now? It's Free". Sheesh! This is negative copy. See the "not"? That reinforces not to sign up! Solution: Better to say "Join Now - It's Free". Short, sweet, positive reinforcement. Mistake Number 7 - Scrolling Text Box This site had their Terms and Conditions in a scrolling text box. It was a pain in the "a" to read, and if you did read it you probably wouldn't sign up. The Terms and Conditons were quite covert eg; consent to use your name posted on the site if you are the winner of one of their competitions, account keeping fees (not specific as to the charges) just to name two. Solution: Hyperlink the Terms and Conditions (open in new window) so people can read them clearly and know what they are getting into by signing up. Mistake Number 8 - Confusing Copy-writing Here's an example: (and I quote) "Buy or Sell your house, your way! onthehouse.com.au makes real estate easy by allowing you to Sell your own property as well as Search for agent listings, private sales and sold data. Use our free sold data to discover property values in your local area! Find out more" (clickable link). Now the first thing I'm asking myself is this... "Is this link to find out about sold property values in my local area, or am I finding out about buying or selling a home? Dunno. Where did this link take me to? A Resources page! I would have thought a resources page was where you would find links, hints and tips, down-loadable information, mortgage calculators, etc. To be fair there was a tab for hints and tips, just as there were 2 other tabs for "latest news" and "glossary". Problem was both these tabs contained no information. Which leads to... Mistake Number 9 - incomplete site. No site should be launched unless everything is finished. If you are going to try andentice people to sign up then eeverything which "sells" the site should be completed. Mistake Number 10 - During the launch period they are offering free sign ups. Now you would think they would put this on their home page right? Wrong! Nowhere does this site tell me the registrations are free during the launch period.  On the contrary. I do see what it does cost. So... given the Terms of Service, if I did sign up where are they waiving the fees? Remember the "Why Not Join Now - It's Free?" Doesn't appear free to me. What I do know is that if I sign up I am agreeing to their terms and conditions, and as such I agree to pay them. (Which by the way is 0.5% of the sale price if you don't pay $250 up front). Seems a covert way to get extra money out of people. Mistake Number 11 - No way to refer Having an internet business to a large extent is about getting referrals to your site. This site had no means to get you to refer others. Solution: A simple "Tell-A-Friend" script would do the trick. Look.. here's the thing. I could spend all day looking at this site and come up with better ways to do what they want. So what's the point of doing this as someone who has an online business? Simply by looking at your competitors sites you can evaluate them from the perspective of a site visitor and a web site owner. Evaluating what works and what doesn't about your web site really isn't rocket science. It's about getting the site visitor to do what you want them to do.  If you want them to sign up, or take advantage of what you have to offer you need to
  • Sell the benefits
  •  Make it easy for them to sign up
  • Ensure all the information they need available to them in one place (stops them moving off your site).
  • Refer others to increase the business.
It's not everything, but it's a good start.

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To Twitter or Not To Twitter..

Well.. that really is the question isn't it? I'm writing this post after reading a blog post by Eric Holmlund of Eric's Tips. Now I must confess, I haven't been reading much from Eric of late. He's been focused on The Next Internet Millionaire (which if you haven't checked it out make a point to go look). Anyway, his blog post about Twitter hit a nerve with me. You haven't heard of Twitter? Twitter is a service for friends, family, and co–workers to communicate and stay connected through the exchange of quick, frequent answers to one simple question: What are you doing? Eric's blog post was about how much time is consumed by engaging in Twitter (and let's throw Facebook, and MySpace into the mix as well!) No doubt there are some real advocates of Internet marketing using these online social network sites to further their celebrity status, however they are a social (repeat social) networking sites - and they are highly addictive. Which all adds up to big time wasters. The thing is this... it doesn't take long before Internet marketers jump on the "increase your popularity status" bandwagon and advocate that we follow like sheep along the same path - all because they are doing it. And if they are doing it it must be right? Yes? Well.. I'm with Eric. While Twittering, and Super Poking friends on Facebook can be fun, it doesn't take much to while away a few hours, and those hours could be better spent focusing on your business. Just imagine investing a few extra hours a week (or a day in some cases), promoting your website, tweaking your sales copy, researching new ideas, educating yourself, (the list goes on), instead of killing what time you do have trying to drum up "friends" to add, or Super Poking them? Quite seriously, I don't think it will be too long before we see a software program to block access to these sites so we can be more productive! Just think of how many employees secretly log-in to Twitter or Facebook on the bosses time. How many kids are at their computers under the guise of doing "homework" when what they are really doing is joining networks, viewing hilarious videos, or checking out what their friends have sent them? And how many internet marketers who have been "told" to use these communities to promote their business get side-tracked and spend precious time being distracted from what their real reason for going there in the first place? Time and time again I read how people are time poor. I say "baloney!" Everyone has the same amount of time as everyone else. If your not getting done what you need to get done then have a critical look at where you are investing your focus. And that's what everyone needs who operates an online business. FOCUS! Just like when we are out doing the shopping and we see a huge variety of products it all becomes a little overwhelming. But here's the thing... If you walk into a store and you know what you want, right down to the brand, the color, size, type, etc you head straight for it and purchase it. That's focus! How do you keep focus in your business? 1. Write "To Do" lists and stick to them. It's not rocket science. It just works. Make it a New Year Resolution to write your list and work through it until you have everything done. It may not be an earth shattering tip, but I guarantee it's the one that will move you forward a lot quicker than Twittering and Super Poking your friends. Got a view on my post? Leave a comment.

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Keeping Your Business Marketing Ahead Of The Pack

Happy New Year! And welcome to my first blog post for 2008. My intention over the next 12 months is to supply you with quality articles, tips and news to grow your business. I welcome any feedback or questions on my blog posts. Let's all have a great year and get moving towards a bigger and better online business. New Year's Eve was raining cats and dogs so I decided to stay in and watch the New Years fireworks on TV. It's a spectacular sight watching the fireworks - even more so if you are on Sydney Harbour watching from one of the many vantage points along the harbour foreshore. I silently wished I was there with the other million plus people. It's truly a sight not to be missed. My interest peaked after the celebrations had finished with the first advertisement of the year. No doubt a captive audience was high on the agenda (what other night would so many people still be up late?) What was the first advertisement for 2008? None other than a telco company offering fireworks screen savers for your mobile phone (or cell phone as they say in the US). I've got to hand it to the marketers who plan ahead and capture every possibility to market to their target audience, and I couldn't help but admire the opportunity some enterprising marketer took to "seize the moment". It's was obvious they had thought about what to market well before the date, and put into place an opportunity to capture the market and sell their product. So while we are all getting over New Year's celebrations dedicated marketers were sitting back gleefully rubbing their hands together and counting the fruits of their labour over the previous months. Now some may call it blatant commercialism. I say it's clever. After all.. isn't it every business goal to target their market and do it in such a way they make the most of it? So here's my quick formula for increasing your business. Opportunities + Good Planning = Desired Outcomes And let's face it every holiday, every celebrated event is an Internet marketing opportunity. If you haven't given any thought to capitalising on these "business opportunities" sprinkled throughout the year, now is the time to get out your pen and paper and plan for these events. Start brainstorming how your business can "piggyback" on yearly celebrations and events, and make it a priority to plan your marketing to coincide with them. Consider your products and how you can entice purchasers with offers and deals to bring in the extra bucks. Give your marketing plan the attention it deserves and work towards completion. Remember the saying... "If you fail to plan then you plan to fail". As I write this today my inbox is stuffed full with New Year offers. Diligent Internet marketers have produced products all geared around the New Year - and why not? My inbox clearly shows who's on the ball and who isn't. Carpe Diem I say!

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