Categories
Business Success

5 Tools for a successful business

We all want to have a successful business do we? But, what tools do you need to have for a successful business? Many of us focus too much on the money part and neglect other important ingredients of a successful business. Yes I know and understand that money is important so are the tools you use to generate it. Any business cannot generate enough revenue without tools. In this article I discuss a list of key ingredients for business to succeed. These I have proven and think they will be helpful to you, especially if you are just starting out.

1)  Time
You must understand that time is money and it is of essence. Time is an important tool in anything we do. In business, your objective is to make money period. How do you make money? You utilize time accordingly. But the question is how productively you convert your time into money. Are you making full use of your time or you just let the time pass by you? Time once lost cannot be recovered.

How much you make depends on how good you are at converting time to money. If you are already productive, then you may want to ask; what are the things you can do to improve further. Remember time is the most valuable asset and once it’s gone, it’s gone. Also time is also the fairest distribution of resources every human being receives. If there is anything God has given us all in equal proportion it is time. Everybody on earth experiences the same hours of day and night. I have never heard of anyone saying that he enjoys more time than 24 hrs per day.

2)  People
The second tool for me is people. To be successful in business, you must have people connections. I mean the right people. People consist of customers, suppliers, partners, staff, and associates. I cannot imagine a business that is successful without people. If there are no people connected to your business I can guarantee you that you are wasting your time.

One thing that you must not leave out is your mentor or coach. Having genuine mentors or coaches is very important and it can make a very big difference in your business. What a mentor does is that they will help you grow through your business. You will gain valuable knowledge if you have a good mentor. You should also have a mentor not just for your business also for your personal growth.

To make sure that you have more profits, you must serve people well. Organize your database of people connections. By simply knowing who does what, who supplies what, who needs what, where to get what make your miles ahead of other people. Even if you are doing affiliate marketing you need to know the needs of your affiliates.

3)  Knowledge and Skills
The third tools you need are a combination of set of knowledge and skills. When I talk about knowledge and skills, I am not referring to academic knowledge that you find in schools or colleges including universities. What’s more important to you is knowledge and skills that can bring you the kind of results you want and usually these are not found in schools.

How many MBA holders that you know of have become business owners and have made tones of money or are running successful businesses? That shows you that getting the right knowledge and skills is important. Don’t blindly go after knowledge that could drown you. Go for knowledge and skills that are universally tested and proven. Get knowledge that is relevant to your business. Study what other related businesses are doing and do it better.

Examples of right knowledge and skills are where to get what from who, money making trends, marketing strategies, art of dealing with people, negotiation skills, selling skills, skills of managing and growing money, investment skills, universal laws of success, and more. Don’t waste time on unnecessary knowledge. There’s only so much that you need to know and learn. Be sharp and focus when you acquire knowledge and skills. Don’t follow what normal people do. Above all put your knowledge and skill set to practice.

4)  Personal Health
You cannot make money when you are in bad health. My number 4 tool is good personal health. In fact, this is the most important tool of all. How can you run a business without a healthy body? In order to maintain an optimum health, you have to provide your body with proper nutrients and sufficient exercise. And also don’t forget about your emotional well being  Don’t let anger and other negative emotions control you.

This is where positive and empowering attitudes come into play. Maintaining your body is just like maintaining your car. If you send your car to a workshop for regular service and pump petrol regularly, why don’t you do the same for your body? It’s something for you to think about. Don’t be stingy over spending money for your own health because physical and mental health can cost you a lot of money in the long run if your body is not taken care of properly.

5)  Resources
Let’s face it. It takes money to make money even you need a little. But you might not need a lot of money to start a business because there are many ways to start one with low capital especially affiliate marketing programs.

I meet a lot of people who want to be rich but are not willing to invest the money. You must invest in something in order for you to get something. The law of sowing and reaping is at work. Don’t expect something without investing anything. Money is one of the investments you need to make.

Even though you don’t need to have a capital for your business, but at least you must be able to cover your expenses while building your business. You also need resources to buy products to stock up and other stuff. So, you must at least come up with whatever amount that you have to start a business.

Conclusion
These are the five basic tools of business success. I call them tools because you need to use them in order for your business to succeed. Do your best to acquire or grow or invest in these personal tools. These tools have worked for me even in the area of personal development. But the good thing is you don’t need to have a perfect combination of tools to get started. You can still perfect the tools along the way. Somehow, get it started with what you’ve got. Remember to always “standout tall and be counted

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Categories
Business Marketing

Before you start your business

Each one of us is embedded with massive unique talents that the world at large would highly benefit from. The onus is on us to explore within our selves and find that which is unique and in us. Even the most successful businesses started as an idea and are grown from there. When searching the inner you for business ideas ensure you write them down. Search around you for similar ideas.

I have listed below 3 things you should consider before you engage any business both online or offline. It is better to choose a business that is in line with your talents. It will be easier to development your business from your talents as these are usually things that flow from you naturally.

Work from your strengths

Identify your strengths and write them down. It is easy to work from your strengths as expanding on them will flow naturally. This is the best thing to do and will ensure that you put out your best. When searching for your strengths also write down your weaker strengths. By working to perfect the minor strengths they could just develop into your major talents. You are a better person when you know and work to improve your minor strengths. They say “success is not measured by what we have but by the many obstacles we overcome to reach it”.

After knowing your strengths both weak and major. Take the time to understand them. Go through them one at a time. It is important to take notes and refer to them time after time. This will enable you understand them even better. You could ask for opinions from closely related people but remember it is only you who knows your self better than anyone else when making the final decision.

Create a strategy

Devise a strategy. Say an easy to follow strategy. Work it every day. Persistence and patience should be by your side. You get your results not from your strategy but how it is executed. Give your self room to adjust your strategy if you are not getting the desired results. Success will come through practically applying what ever knowledge you have acquired through reading.

You need to include your long term and short term goals in your strategy. This will help you remain focused. Remember you can always adjust your strategies depending on whether they are still relevant are not giving you the desired results. Strategies have to be done for both online or offline businesses. Start marketing your business. What ever medium of marketing you choose ensure that you do not spend much money on it. There are lots of free online marketing methods on the internet. Ensure that you utilize them before going to the more advanced pay per click ones.

You need traffic

Traffic is a recipe for success. For you to achieve meaningful results you need to drive traffic to your website. More traffic means more clicks on your website = more success. One way of driving traffic is to post timeless content on your site. Free content is another recipe for building traffic. There is not so much free stuff on this site for now. I am currently working on some free content.

Begin by finding a way to create value with your content. Off course you will not start out perfectly but will continue to improve as you continue to read and post your articles. Remember the more knowledge you gain the better it is for your to write on a topic.

Conclusion

Persistence and patience should be by you side. Ensure that you have the patience and persistence. Success does not easily come but when it comes you will surely be glad. Your efforts will surely pay off with time. Remember to “standout tall and be counted“.

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Business Marketing

Internet business tips

Motivational Quotes

To accomplish great things, we must not only act, but also dream, not only plan, but also believe” – Anatole France.

 

God, grant me the serenity to accept the things I cannot change, the courage to change the things I can and the wisdom to know the difference” – Serenity Prayer

 

Cease to ask what the morrow will bring forth, and set down as gain each day that Fortune grants” – Horace.

 

Yesterday is history. Tomorrow is a mystery. Today is a gift. That is why it is called present” – Unkonwn

 

Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” – Mark Twain.

There will always be a new program starting up online. You will not miss out on making millions of dollars. What you need to do is learn to do online marketing and do it one business at a time. Many times we make mistakes by marketing many programs at once even before we start making any money from one. The end result is frustration and we abandon all other good programs.

Identifying a business/program to market

There are many products/businesses/programs to market online. You need to stop spending randomly and get a grip on your online marketing learning. Knowledge is power only after you understand what you got and put it into action. Find one product, service or program you want to build and follow a few basic rules to keep you on the good side of the law.

  • A business is legal only if a product or service is being offered or sold.
  • If the webpage looks hyped up or is being marketed as the hot new thing then it may burn out real fast.
  • Find a business that has a big name attached to it and has been around for a long time.
  • Good affiliate programs allow you to join them for free and don’t ever require that you buy anything yourself to make money.
  • If you can find a company that combines both MLM and Affiliate Marketing then you have found a good one.
  • If you can find a program that has been around for a few years that is a good sign. It means that people are buying their product/service and the market is already there.

Click here to join my number one internet business

After you are done with your due diligence and researched a few programs pick the best based on the following:-

  • Variety of products/services being offered. The more products/services mean more opportunities to market.
  • Year in business. (5 years is good enough but 10 or more is better)
  • Growth of company e.g how many people signup each day, week, month etc
  • How do you make money? (MLM + Affiliate = Good)
  • What kind of support do they give?
  • How do you feel about it? Choose the best one to build and more importantly on you can learn from. Keep your number 2 and 3 picks for future marketing.

Don’t start marketing other programs until you get to grips with your first one.  Whatever product, service or program you choose will dictate what niche market you will be working in. You should do some research in the niche before you choose one. Google the key words and if there are a lot of sites in the search list then you are doing well. Your training is over when you make more money from your online business in one month than you what you spend on it and to market it.

Start marketing

First you need to tell your friends about your new business! This is the hard part. Phone them email them, well send them a real letter in the mail people love to get letters in the mail. Warm marketing like this is important because if you do begin to make money or a lot of money down the road your friends and family will see what they missed out on.

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Mistakes to Avoid in Affiliate Marketing

Affiliate marketing offers more opportunities to earn lots of real money on the internet than many other businesses or programs on the web. You probably have heard or read about people succeeding on the internet using affiliate marketing. However, success does not come easy and most of the failure stories you have heard are due to some elementary mistakes that should be avoided.

  • Believing you can earn money without doing anything – In any business you can earn money with hard work. There is a lot of work to be put it before the money starts trickling in. You will need to follow the dos and don’t s of affiliate marketing before you can actually start relaxing and seeing your business grow.
  • Failure to market the business correctly – Marketing is an integral part of any business and in this case affiliate marketing. You need to find the correct medium to use and the precise forum. Many a times adverts are miss placed and end up being viewed by the wrong audience.
  • Failing to make adjustments – From time to time you need to make right adjustments in order that you keep up with new trends in consumer behaviour and affiliate marketing trends. The adjustments should be timely and necessary.
  • Failure to protect your links – Affiliate links should be protected from unscrupulous people. Link theft has become very prevalent these days.
  • Promoting a wrong affiliate program – The choice of a program to promote is very critical. You need a program that has stood the taste of time and has many different products to market. This will give you a greater opportunity to sell more and hence more commission coming your way.

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Remember “standout tall and be counted“.

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