Entries Tagged as 'Business Tips'

GET Motivated STAY Motivated (Part 2)

If you have been following along in my previous post “How To Get Motivated and Stay Motivated”, you will find this is a continuation where I discuss how to keep your momentum when you are the sole person responsible for your success.

If you haven’t read it already, go now and read up because you will find this post a better “fit” after you have read it.

Now having said that, lets push on…

So here we are… just starting out in a our ”work from home” business where it usually starts in some dingy den, or cramped study where the relationship is just between you and your PC or laptop.

Now if there is one thing I have found about working from home, it is that you have to be disciplined.  Even more so if you are “it” (that is, no one else to delegate tasks to).When you work from home distractions come thick and fast, and before long you can find that your day is whittled down to a couple of productive hours interspersed with paying your bills, sending emails to friends, eating, making coffee, shopping, general surfing the Net, and oftentimes playing Solitaire or Spider!  Does this sound familiar to you?

Even if you are working a full time or part time job to supplement your income, the time you DO have generally reads like the above paragraph (you just don’t waste quite as many hours doing it).

So what’s the answer?

Well, having been there and done that I could seriously see where my days efforts were all but naught when I kept giving priority to “other things”.If you are like me and are easily distracted, then consider this one of those things that makes you FAIL. In essence, you are not moving forward (well not at any speed anyway), and some days (as far as progressing your business), you are merely standing still.

Remember  what I said in the previous post?  “If you are not moving forward, you are either going backward or standing still”.

So let’s get to a technique which is sure to keep you on track.

1. Decide how much time you CAN devote to your business EACH day. Be practical. If you have to pick up kids, maker dinner, shop, pay bills, do laundry, watch your favourite show on TV, and the million and one other things that our daily life requires, factor these in when you decide how much time you can afford to spend on your business. If you don’t, these tasks will encroach upon your “business times’ and you will be less effective in growing your business.

Now that you have decided how much time each day you can spend on building your business,  it’s time to create a timetable. What?!

2. Create a timetable.If you think about it our bodies are on a timetable. We eat at certain times, get up and go to bed atr certain times, we might even have certain times of the week we do specific things (like catch up with family). All of these things happen because we are in the habit of doing them at certain times.


If you want to eliminate the time wasters that stop you from getting to where you need to go you need to become an efficient time manager.  If you are someone that is already baulking at doing this exercise, then it is definitely for you.

When creating your timetable, brainstorm what time you are going to work on your business.Look.. I know this may be anal to some people, but there is a very good reason you are deciding what time you allocate to your business. It’s all very well saying you can devote a couple of hours a day to growing your business, but if you don’t commit yourself to a time to grow your business by setting aside specific time periods you will have difficulty keeping your commitment, and fail (or at the least take a lot longer to grow your business). 

 

Think about when the best time is to knuckle down and get focused on your business – for YOU.

3. Set your tasks (aka priorties). That is, do what your business MUST have done first.  So now write down on your whiteboard ALL the tasks your business requires to GROW. You don’t need to get into specifics at this stage.

Now look at the tasks and put next to each task a Priority Rating.  Use whatever you like. High, Medium, Low,  I-10. Whatever you feel is appropriate which when you look at it quickly you can see where your focus needs to be.

So.. here is what you might end up with on your whiteboard…

Time spent each day = 2 hours. When = Monday/Wed/Friday 8-10pm

Tasks:
Create Unique Selling Proposition (USP) = 1
Create Website = 2
Monetise site = 3
Drive traffic to site = 5
Create auto responder = 4
Search out JV’s = 6
Advertise (PPC, Print Media, CPA) = 7

Now you could look at the task list and say “but they are ALL priorities!” and that would be true. Without all of the tasks completed you will have more difficulty growing your business, however you have to start somewhere, and if you have the resources to hire a freelancer, you can move your business along quicker and delegate some of the tasks.

For instance, if you have the money to advertise on Adwords or similar, you can potentially drive traffic to your site without having to tweak your website using Search Engine Optimisation tactics, or having a really top notch website. However…. if you don’t give serious thought to how your website retainsthe site visitor that you have PAID for to get there, and they simply leave the site without doing what you want them to do (ie, buy, sign up, give details, etc), then you have wasted your money.

4. Commit to working on your highest priority task, at the time you have set, on the day/s you have set and do it religiously. No excuses. Only do this task. Stay focused. Don’t wander, sidestep, or get drawn into doing other things if it is not related to your task at hand.

Doing this will keep you on track, utilise your time better, and move you towards completing your task quicker.

So there you have it. 4 Steps to growing your business and keeping yourself motivated.

To summarise…

  1. Determine how much time you can realistically devote to growing your business
  2. Create a timetable of when you will work on your business.
  3. Set your tasks and prioritise
  4. Stay focused until completed on each task



When you have finished your task,move onto your next priority. If you find you need to do other things add them to your list and re-prioritise.

TIP: Re-focus on your priorities. If you have to write yourself a sticky note with the words “Re-Focus” and stick it in front of you then do it!

If you have any of your own tips or questions about this post, please leave your comments.

I’m the silent avatar… and I have spoken :-)

How To Get Motivated and STAY Motivated (Must Read)

I’ve been a bit neglectful of my readers of late… and I really do apologise.  You see I’ve been busy moving and planning a trip to South East Asia (for 6 months) in between finalising a website I have just done and mentoring a friend who has dived head first in a MLM company (but more of than in another post). So this has left me with scant time to blog. (“Yes… I know what you mean I can hear you say”)

Now before you all start groaning and mumbling  ”lucky bugger” under your breath let me say this…

There is no such thing as luck.  Just desire, a clear goal, and then doing what needs to be done until you get your goal, mixed in with a big dollop of self motivation.

Of course we all have tasks we dislike, and this brings me to an revelation which prohibits us from getting where we want to go – self motivation. Some revelation eh? Doh.

Sure.. we have all had grand ideas, and quite frankly most times we even know how to execute them. The problem is we loose self motivation, and this ingredient has a habit of completely ruining our recipe for success.

I’ve come to know this about self motivation (usually through having experienced a lack of it), and it has been the reason why so many times I have had great ideas which have never seen the light of day, and the reason I have tried a gazillion diets and never loose the weight I want to.

If you’re like me and there is any element of the goal which involves either a task you dislike, a struggle with “how”, or if physical pain is caused along the way (and let me include hip pocket pain as well), then we are very likely NOT to be self motivated. Right?

What you started out being really excited about soon becomes something you would rather not even think about because:

1. You have spent a truck load of money you really didn’t have in the first place to spend on our idea (usually at the detriment of others around us like the wife, the husband or the kids)
2. In the beginning you have told so many friends and family how fabulous your idea is and how you are going to set the world on fire, you don’t want to remind them what you said so you keep it all “hush hush” and don’t mention it, in the hope it will go away, or 
3. You create another “focus”, another idea which inspires you again.

And so goes the pattern for a lot of us.
Great Ideas. Full of inspiration. Task becomes “painful”. Lack of motivation. Failure.

It’s a bloody merry-go-round which keeps us failing.

However… when there is what I call “feel goods” along the way, self motivation comes naturally.

In the context of an online business “feel goods” are things like increased purchases, new blog readers, better rankings, more subscribers, etc, a new lead…

When you are starting out “feel goods” are few and far between, and very quickly (unless you can bring out your own self motivation) you will become despondent, and then it’s only a matter of time before your goals are just a distant memory which you would rather forget because to remember them evokes your own sense of being a failure.

Failure. I’ve failed.

Nothing evokes dread more than these words (well maybe “Do you feel lucky punk” is in there too :-) .

We all like to win.. be The Best, Number One, Top of the Class. Numero Uno.

In essence SUCCESSFUL.

Keep reading because I’m going to give you some ideas on how to keep yourself self motivated and keep you on track and moving forward.

1. First get this… if you ain’t moving forward you are either going backwards, or standing still.


Read it again. And again. If necessary write it down and put it where you do your most work.

But whatever you do get it!  If you aren’t moving forward you are either moving backwards or standing still.

2. Affirm this “I choose to move forward and be a successfull”

3. Get a white board and use it! If you don’t have one get one.

Have your white board in a place where you can always refer to it (this really is your “silent motivator”).

4. Brainstorm with yourself ideas about how to move forward and write them up. Then prioritise the action steps to get to where you need to go.

5. When you have brainstormed, write down (again on your whiteboard) one thing which will stop you if you were to actually do what you brainstormed about.


(Lets just stop here for a second so I can give you the picture).

Ok.. Let’s use this as an example…

List building (everyone wants more TARGETED people on their list).

So there you are in front of your whiteboard and you are brainstorming how to build your list of TARGETED prospects.  You write up on the board start a blog, post in forums, write articles with linkbacks to your site, advertise in print media, find a JV, plan a product launch…

Then you look over your list and find the one that appeals to you most (the one you are MOST LIKELY to do).

Next, think about what thing would stop you continuing to do it? Money? Time? Pain?

Whetever it is identify the one thing that will bring you undone if you were to go ahead and do what you plan.


So you got it? Identify your weakness before you start and plan to NOT fail.

6. Now you have identified what will bring you unstuck, plan to overcome it. Hate writing? Find a freelancer. No time to blog? Find a freelancer. Don’t know how to do something? Decide if you really NEED to know and learn it or, find a freelancer who can do it for you.

“But..” I hear you say!  “It takes money to hire a freelancer!”

Yes.. and I’ll say this.. If you already know that there is a task that you hate to do, (or can’t do, wont do, no time to do) and this task is integral to getting to where you need to go, then you absolutely WILL FAIL if you do not address this BEFORE you start.

So now that you know what will bring you unstuck you need to be prepared to open the wallet, barter your services with someone else who CAN do what you can’t (aka freelancer), or forget your idea because you will fail. No question. 

What motivates me to be up at 6.30am and write this blog?

Because I want to and I can, and it is a step in getting to where I need to go, and doing it teaches me so much about my own shortcomings.

Why didn’t I just get a freelancer to write my blog posts while I was busy? Next time I will.

Why? Because during the time I was busy doing other things I neglected my readers and I lost half of my readers. HALF!

IDENTIFY YOUR WEAKNESS and address it before it wins and stamps you a failure.

Time was my weakness. And time CAN be brought.

I’m going to continue this post in the next post because I have a few more ideas up my sleeve to help which will keep you on track.

Not the least is posting a comment and including a question in a blog post.

So .. got a question? :-) Just post it here and I can motivate you with a dialogue between us.

I’m the silent avatar… and I have spoken. :-)

Why Australian’s Love The Residual Income Model

Do you fully understand the business ideas and concept behind residual income?

It is really quite a smart and yet simple business model: “Do something once then get paid many times over again, for that clever initial action!” It could be the action of referring someone into an online business, like a nutritional MLM, for example.

Just as a singer/songwriter like Michael Jackson or Sir Paul McCartney, writes a song once then gets paid a neverending stream of royalty income – or like the writer of the Harry Potter series – writes an irresistible novel then gets paid over and over again as thousands or millions of copies fly off the downtown book shop shelves!

That is all variations of residual income. Or passive, automatic, monthly or annually recurring income. It’s a rather exciting prospect isn’t it? Many authors, playwrights and songwriters enjoy this recurring residual, royalty income! You can too, as a home based business entrepreneur, working with a telephone and the Internet from your home office. This is what I’ve done since 1997.

Certainly, there are many types of home based work online and internet businesses that use the residual income model. For example, nutritional MLM or multi level marketing businesses that typically sell supplemental nutritional products, women’s cosmetics and household goods, like home cleaners, etc., all use the Residual Income Model. It first appeared in about 1950 and has made millions of dollars for business owners and top sales performers. It is also known as referral marketing.

They are a type of referral marketing where you refer someone once to a global home based business compensation matrix or structure then you get paid monthly recurring income at a certain percentage while they remain a paying customer of the company. The simple, compressed matrix works best – not a complicated binary structure.

It looks good in theory but does require a lot of supportive work behind the scenes to make sure your referred downline of customers does not collapse or disappear! They will need your constant attention and coaching support, believe me.. most people seem to work best with frequent leader’s help and reinforcement. You can even devise a system of rewards and incentives, like the large multi-level marketing companies always do. They offer holidays away to Hawaii, for instance, and frequent conferences with hotel accomodation.

Other very smart Internet marketers with online Small Business Ideas create their own passive income systems. I recently joined one such online business called “Passive Profit ROBOT“, created by Jeff Alderson of Florida, USA. I’m extremely impressed with this system – it has genius-like simplicity because all I have to do is pass on a free marketing report, by referring people to my unique referrer web URL. That’s all I need to do! It is a very simple system where you refer people using the Internet, then you get paid regularly as they purchase marketing software and business information products through the Paypal and Clickbank merchant systems.

Joining these merchant payment systems as an affiliate is a breeze too!

It even pays to find a product on Clickbank which aligns with your own website and promote the product from your site.

To sign up for Clickbank simply click here

Have You Found Your Mentor?

Ever since I got into business for myself I have come to know this one thing. The key to success is to find someone who is spectacular at business and then become their best friend.

That doesn’t mean that you want to become exactly like them, but it does mean that you want to see a similar form of success to what they have.

So why stick to them like glue? Because there is one thing that they have which you are likely still seeking – and that is… Vision.

Establishing a vision for your life and especially for your business is easier said than done! That is why getting to know people who have already achieved a measure of success will give you a much better chance at finding your own calling in the world today. Ultimately, they will make you successful.

Excellent candidates for this are Small Business Mentors. There are four different things to look for in a Small Business Mentor.

1) They need to show that they can achieve results.
Since a Small Business Mentor has the JOB of being your mentor they need to show that they can achieve some form of success on their own. I was made painfully aware of this fact when I put myself under the mentorship of a bad business husband/wife team who ultimately ended our relationship yelling at me on the phone because I had called them out for damaging my reputation to a third party for no reason at all.
Hey, that kind of stuff happens. But I have since recovered and have been made the wiser for it. So you’ll need to be weary of a Small Business Mentor because they can really cause things to go downhill for your business.

So bottom line: do your homework before you approach any kind of Small Business Mentor and make sure that they have had similar results in their own business that you would like them to help you achieve in your own business.

2) They should be helping their clients establish a vision
As I said above, one of the major keys to success is vision. If your Small Business Mentor doesn’t have some kind of emphasis on helping you to set up a vision then you are going to have to think twice before becoming their protege.

3) They should freely give of their information to grow your business.
Part of working with a mentor is the ability for them to give freely to you information which will help you grow your business and make it successful. Unfortunately, there is a saying “you can’t know what you don’t know“, and this means you are only going to get the information you need if you ask the right questions – unless of course they freely give over their information.

4) Find a mentor who has been there and done that.
Good mentors have been through the mill, made mistakes, (and plenty of them) and are now willing to not only advise you what to do, but also what NOT to do.

They can offer you a shortcut to success, based on what they know works.

If you are looking to find a mentor, you don’t have to go and pay someone. Forums abound with people who are willing to impart their knowledge for the good of all. Of course, don;t take up their valuable time with questions which have already been answered. Search the forums for answers to your question first.

If you would like a mentor which is a bit more personalised, I recommend The Internet Entrepreneur Club run by Derek Gehl. This is a membership site where you can post any questions,  include links to your site for feedback, and generally make good use of someone who knows what they are talking about.

I’ve included a banner link below for you to check out.

Until next time,

I’m the Silent Avatar… and I have spoken :-)