Posts tagged Online Business Opportunities
Why Adopting the Right Mindset Will Help Your Internet Business Fly
Mar 23rd
By Guest Blogger – Maggie Gee, West Sussex, England.
I guess you are wondering what a positive mindset has to do with generating leads and income for your business.
If there is a problem with the Internet, it’s that many people tell you it’s “easy” to make money quickly. Actually this is not so. It’s not easy at all, particularly to the newbie or beginner. But it really is possible to achieve a good successful Internet Marketing business within a short space of time – if you work at it. I call it a ‘do-it-yourself’ Internet Marketing start-up.
It won’t come to your doorstep without a bit of effort, but it is possible, and it can be done, providing you get the right help and advice.
It’s crucial to understand that adopting the correct mindset is the key. This won’t happen overnight; you will need to work at it.
Some people are born with a positive outlook on life, but most of us need to work to develop it. You must learn to sustain a positive attitude to understand you can fulfill your destiny of becoming successful, and therefore wealthy. Show me a successful person who does not have a positive attitude…
We all suffer from doubt, but hey – it’s doubt that stops us from starting.
Truly believe, and you will succeed. You will deal with any obstacles in your path, and you will achieve whatever you set out to do. It’s called SUCCESS.
You need not be the most intelligent, nor the most talented person. But you DO need remain positive, and you DO need to TAKE ACTION.
Here are a few pointers to help you get there:
Daily Task Management
Write a daily ‘to do list’ of things you need to achieve during that day. Then as you achieve each of those tasks you can cross it off the list, and feel a great sense of accomplishment in the process!
Motivational Goal Setting
Motivational goal setting is pretty essential in any business, but I believe particularly so in Internet Marketing. So you will need to actually write down your goals for the next week, next month, next year, as well as your daily tasks.
Secrets of Goal Setting
There really are no goal setting secrets. Mind you, it’s important to set realistic goals, and not write down a zany sentence such as ‘I will be a millionaire by this time next month’. Keep your written goals as practical as possible, but they should stretch you a little at the same time, otherwise there is little point in performing this exercise.
Remember, the right mindset is your key to success. You CAN fulfil your destiny and become successful – and wealthy!
Begin with one small step
Don’t let others stand in your way
Walk your own path
Some may laugh – so what
Many will follow
Don’t ever give up
Educate yourself
Read motivational and self help books.
A recommended read is “The Midas Method” by Stuart Goldsmith. He writes a lot of common sense, and by the time you have gotten to the end of his book you will understand that “The Sky is the Limit”!
Another excellent eBook I would highly recommend is “Shattering the Myth” by Chris Farrell. It’s all about “Adopting the right mindset to make the Internet work for you”. You can download this eBook free at: http://www.maggie-recommends.com/shattering
Maggie Gee is a UK based Internet marketer, offering help for the real beginner. She is specialising in helping Newbies or Beginners get going with their own Internet Marketing business. Article writing is also a favourite. If you found the above article useful, please visit http://www.maggie-recommends.com where you will find unlimited help for the beginner.
This article may be copied and distributed, so long as it is not changed in any way, and the links are included.
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Maggie Gee
www.maggie-recommends.com
The Place to Go for free help and advice for all beginners
P.S I would love to hear your comments, please leave a comment here. Thanks
How I Sold A Website For $100,000+
Feb 27th
How I Sold A Website For $100,000+
By Guest Blogger Chris Guthrie
Chris is an Internet Entrepreneur from Seattle, WA, USA.
I recently sold a website for more than $100,000.
Now that we’ve got that out of the way I want to share some good advice from someone who’s done it on how you can build a six figure website and the steps to go through to sell one as well.
Let’s get started:
Step 1: Don’t make a website about Internet Marketing
Step 2: No really, don’t make a website about Internet Marketing
The reason why I’m listing this step twice is because I’m on the Warrior Forum and I know that most of this web site’s focus is on Internet marketing products. Yes you can make a lot of money in this sector, but frankly there’s a lot less competition and great money to be made in just plain making good websites.
Besides, most successful Internet marketers are successful simply because of the money they’ve made selling Internet marketing products. When that’s the case, the only thing they can teach you is how to be like them and what they don’t tell you is that becoming them is nearly impossible.
(Yes I do have my own product as someone might point out, but frankly the money I earned from selling it pales in comparison to the amount I’ve made from selling websites and actually running a real online business.)
Step 3: Find an interest you are passionate about and dominate it
This is the hardest step to be successful at because I’m sorry to tell you – yes it requires hard work. If you want to sell a website for a huge chunk of change you need to really be one of the industry leaders in your niche.
In my case I spent countless hours working on breaking news stories, contacting manufactures to get leads on potential new models of products and even flying out to industry conferences to cover them live. When my competitors were simply re posting information from CNET I had manufactures sending me out real product to test and then I’d do a video review of it too. (I sold the site in a little over an 18 month period since I started it)
It can’t be overstated enough that you really do need to shoot for industry leading status. If you weren’t a visionary and managed to register a bunch of domain names in the 90′s you won’t sell a website for six figures+ unless you build something truly authority based. You need a solid steady monthly income stream in the thousands of dollars per month range. Then you need to be prepared to give a boatload of information out while you’re trying to sell it (much more than just Google Adsense and Analytics screenshots if you’re using an investment banker) you’ll need to talk about ways to improve traffic, revenue, what you’d do with $x to invest on the site etc. etc. etc.
Step 4: If your site is making a lot of money consistently every month do not sell it through Flippa.com sell it through an investment banker
You don’t have to sell through an investment banker but based on my own experience I made a lot more money than if I would have simply sold it through Flippa.com. As I’ve said before there is a whole lot more to the picture of selling a six figure website than simply sharing Google Adsense screenshots and Analytics data. Investment bankers also have access to people with a lot of money – as in millions of dollars worth of money. The typical buyer on Flippa is not some company with millions of dollars to spend acquiring digital media assets. They’re people like you and me just looking for a decent website to buy. What I’m saying is that investment bankers bring the big guns to the table.
Step 5: Reinvest your exit money into your business
I have several projects that I was looking to get angel investor funding for, but I really wanted to self fund my own projects until they were sustainable profitable entities. Besides, as soon as you get funding you basically have a boss again that you need to report to. I want to delay that as long as possible and if you can get a big sale it’s a smart idea to try and leverage that success into another success. So that’s exactly what I’m doing instead of buying a new car in cash.
Make sure you have something to do with the money other than pay a huge tax bill!
Questions? / Need Advice?
I hope I gave you a couple ideas for building a big site. Frankly the steps will be different for each niche but the main goal is always the same: be the best in your niche.
If you have a large website and need some advice on how to sell it feel free to contact me. I’d be happy to give you my opinion based on my own experiences and further clarify anything that might help you to decide what to do.
Why I am excited:
I’m excited about this sale for a variety of reasons and one obviously being the money. But it was just a little over a year ago that I got fired from my day job that was paying me $60k a year. This year I easily surpassed my goal to earn $150k in my first full year in business on my own. I can’t say how far I went over that goal, but it’s very exciting for the future. Getting fired from my day job was the best thing that ever happened to me that is for sure.
Again, if you have any questions or need advice feel free to comment below or contact me directly.
To your success,
Chris
Comments? – I would love to hear from you
P.S More from Chris, Make Money On The Internet
