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DOUBLE Your Profits Now!

I just thought I would share a little “wisdom” with you

that I learned the “hard” way over the past 12 years

of running online businesses. Hopefully, some of you

will be able to benefit right away from what took me

YEARS to figure out and finally DO. It was the major

difference in finally finding big success online.

1. Have many Internet projects you are working on?

Have many ideas you are developing that you want to

make money with?

YOU’RE IN DEEP DOO-DOO AND YOU DON’T EVEN KNOW IT.

One of the hardest lessons I had to learn was that

working on several projects at the same time was

literally the KISS OF DEATH for my online ventures. I

was under the impression that if I could create TEN

little online ventures that could each make a measily

$2,000/month, then when the day came that they were

all online I’d be making $20K/month.

Take it from me, that will NEVER happen.

I once had over 20 projects being developed at

the same time. I even had a TEAM of employees

at that time to do it. It still FAILED.

FOCUS. THAT’S THE SECRET TO MAX PROFITS.

Just as you cannot make a million dollars without

making just ONE DOLLAR first (there’s no other way

around that order) you really can’t succeed online

unless you work and FOCUS on just ONE PROJECT and work

on it until it’s profitable. Then and only then should

you work on Project #2.

It’s too easy for entrepreneurs like us to surf around

the Internet and see opportunity everywhere. It’s too

easy to come up with yet another new “plan” to create

yet another little venture — often sidetracking us

from our original project.

So stop working on multiple projects at the sametime

— at least not until you have ONE project making you

enough money that you can sitback and relax and “play

around” with a 2nd and 3rd and 4th project. Until you

create just ONE project that is able to support your

lifestyle you have no reason to be working on other

projects. YES, many people will disagree with me, but

it’s a FACT.

The way to succeed online is to FOCUS. It’s better to

do one thing “great” than to do many things “fair”. If

your primary project is just not growing to the size

you want it to to support your lifestyle, then you

should probably focus on another project instead. Pick

another market. Do some research. Don’t be afraid to

try something else.

DON’T FALL IN LOVE WITH YOUR PROJECTS.

If you give them an honest effort and they prove not

to be as profitable as you want, don’t be afraid to

DUMP THEM. Online ventures are very inexpensive to

start. Don’t be afraid to bail out on a failing

project and start another to focus on.

You’ll make a lot more money by making one project as

best as you possibly can. Instead of spending your

time trying to get another project going, work on

GROWING your original project — go out and get more

affiliates or test more advertising campaigns. THEN

work on creating a backend product that compliments

your initial product/service.

MILK YOUR MARKET.

Work on making your original project as big as possible.

When you can’t do anymore, THEN considering starting a

second project.

2. Make Lists And Prioritize Based On One Thing — PROFITS.

You should do “brain dumps” often. Pour everything in

your head onto paper. Get everything off your mind. We

all get a gazillion ideas every time we surf around.

Don’t clog your mind with these ideas, write them

down.

THEN RELAX AND STOP DWELLING ON THEM.

You don’t need to let these ideas encompass your thoughts —

they are safe on paper or in a computer file you’ve created to

note them.

Make a list of “tasks” you need to work on for your

business. Write down every conceivable thing you’d

like to accomplish. Then prioritize this list from top

to bottom based on what will you make you the most

money or have the biggest impact on your bottom line.

It’s funny how we often will spend a lot of time on

tasks that don’t necessarily bring in new profits for

us. So work on those things that will most directly

affect your bottom line FIRST — then work on the rest

of the list.

Also work with a better PRODUCTIVITY “BALANCE”. Plan

to work 3-4 hours a day working only on some tasks on

your list. As Internet entrepreneurs it’s too easy to

surf this site and other sites and PROCRASTINATE. The

Information Age makes it too easy to procrastinate —

because we can NEVER know everything there is to find

online, so we can surf INDEFINITELY.

Kill your web browser for a few hours a day if you

don’t need it to accomplish the work you need to do.

Surf only when you’ve accomplished your day’s tasks.

Same with email. Close your email client if you don’t

need it.

(AND HERE COMES A “BIGGIE”)

3. STOP TRYING TO COME UP WITH THE NEXT “BIG THING”.

LET OTHER PEOPLE *SHOW YOU* WHAT’S MAKING MONEY.

For many years of my life as an entrepreneur I was

trying to come up with the next “Big Idea”. I was

always trying to innovate. I was always trying to

invent something. I finally realized that it’s much

easier to make money THE LAZY WAY.

Let other people do all the hard work for you. Let

other people figure out what people want to buy. Then

you can DIFFERENTIATE yourself and offer something

similar to the same market. No, don’t copy off of

people. But create a product that compliments a

popular product/service. Not only have you created

something to offer to that same “hot” market, you have

also created something that makes for the perfect JV

for that original person that “showed you” the market.

Online, you can find out ANYTHING about any business.

Do some research and check out other successful people

online. Notice what kind of ad copy they use.

Subscribe to their ezines or autoresponder series. See

what they send you — realize WHY. Buy your

competitors’ products. See what they sell you on the

backend. Figure out HOW they are making money.

THEN EMULATE SUCCESS.

Stop trying to do things the HARD WAY. Keep an eye on

people that have already figured it out.

OBSERVE ADVERTISING

Check out the keywords for your market. Notice the

companies that are bidding for your keywords. Keep an

eye on these listings for at least a couple of weeks.

The companies that remain at the top are most likely

MAKING MONEY with that advertising or they wouldn’t

keep paying for it (unless it’s some Fortune 500

company just wasting money). Go to their site and see

WHAT they are selling. How much they are selling their

product for. What autoresponder series they might be

using. What their offer is. Buy their product. Figure

out their backend.

Do a little RESEARCH and you can find out the exact

“blueprint” for success in any market.

AND LAST BUT NOT LEAST…

4. Be proactive.

If you want more subscribers, go get them. If you want

to bring more traffic to your site, go find some

partners that can send it to you. If you want more

email subscribers, create more ways for people

to opt-in and take more advantage of the traffic you

already have.

Don’t sit back and “hope” your business grows, MAKE IT

GROW. No matter what your goals are, you CAN make them

happen if you TAKE ACTION to make it happen.

This is your year to do it. Make it happen.

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