Focus on cash flow rather than profitability (Focusoncashflow, notprofitability). In theory, profit is the key to survival. The problem is that theory can not be used to pay the bill. In reality, you are using cash to pay the bills, so please focus on cash flow. If you are starting from scratch, then your business should have these characteristics: the necessary funds should be less Sell Shorter period, payment period is shorter, and can be repeated to increase the income (recurringrevenue). This means that you have to give those who need 12 months to complete the order, delivery and billing of large single. Cash for the self-made man, it means everything.
If you hadn’t considered even one of these points, or if you’re not sure about how to achieve even one of these points, your business isn’t reaching its full potential.
Easier to focus on. You can be up and profitable months or years before you would be if you were focused on a large market. Going niche and then expanding later is a very smart play.
This is truly the beginning of making money in your Network Marketing online business. I am continually amazed at the creativity of wealth academy events who earn money with a Network Marketing online business. Everything I mentioned above has at least a dozen variations on it. And there are dozens and dozens more ways to make money.
Identify how your approach to solving this problem is different from other approaches. This is your Unique Selling Perspective. This must be identified and stated several different ways so your reader will understand exactly how your product or service (message) is different than others and how it can help them to finally overcome their problem. Use the language of the person stuck in this problem. If you use generic terms for this problem, you’ll lose your reader in an instant. They’re looking for someone who understands the deep issues they’re going through.
If the idea of the risk involved is a concern, then one can always start a Home Internet Business part time without having to jeopardise their full time income. In fact, you can continue to operate indefinitely on a part time basis if that is what suits you most. It is your business hence you called the shots. However, once you see the income pouring in when doing on a part time basis, think of how much you stand to gain when you make your Home Internet Business into a full time venture. Think of how much time you will save by only having to concentrate on one solid system as oppose to juggling a full time job as well. And this is precisely why so many people are making their Home Internet Business their full source of income.
New Year Planning: New Year planning is vastly differently from New Year’s resolutions. Resolutions tend to be wishes without a plan. A plan has specific daily, weekly or monthly actions with dates by which they are to be done and sometimes with the people who will hold you accountable for doing them. It’s been said if you fail to plan, you then plan to fail. Intentionally create a plan for what your success environment and your goals will look like in 2008. What changes do you need to make? How can you set up your environment for success? Who do you need to connect with? What do you need to feed your mind, your intellect, your spirit….. and start today.