Tuesday, March 17, 2009

Business

The Internet is like a pie, and anyone who has put any content on the Internet owns a piece of it. Some companies own the majority of the Internet because their services are in such high demand. Most people own such a small fraction of the pie that their share is not even worth a penny. Where do you stand?

Whether you own a big chunk, or just a sliver, the truth does not change. The more high quality content you put out into the Internet equates to more ownership of the Internet. If you want more exposure and more people to know what you or your company is all about then you need to create a ton of fresh quality content. If you are pumping out content like a factory pumps out products you will start collecting visitors, and ultimately the more income you will make.

What are some ways you can create content and visitors to that content? Let’s dive right in.

1) Start your own website. Again, the more web pages you have on the Internet translates into owning more of the Internet. So the more web pages the better. Instead of trying to get your search engine optimization perfect with keywords and tags, try creating multiple pages with different variations. The websites that dominate the Internet have a mind boggling amount of pages. For example Social Networks like MySpace the users create the pages, all Myspace does is provides the service. If you can find a way for users to add content to your site for you then more power to you, otherwise always try to keep adding more content packed pages onto the Internet.

2)Start a blog. This is one of the easiest ways to start adding content to the Internet. One free blogging service is Blogger. Write on a regular basis to keep your content and site fresh. If your blog does not already do this automatically for you, make sure to use a service like Ping-o-matic to ping the search engines so that they know you have updated your site.

3)Dive into Social Media. Social Media sites are huge and can help you create and distribute content easily. Start using social bookmarking sites like Digg, StumbleUpon, and many others to bookmark and share your content with others. Use Twitter and Social Networking sites like Facebook and MySpace to create pages and connect with other marketers. Use Squidoo, HubPages, and others that help you create pages that get indexed into the search engines really well already.

4)Write Articles, E-books, etc. Like I’ve said many times, no matter who you are you are capable of writing content that other people will find valuable. Manually submit articles to article directories or get a service to do it for you. If you write an e-book or free report you can have people download it and that will attract more people to you.

An important note I’d like to make is this. Just creating a bunch of useless content will do you no good. It doesn’t matter how much content you have if people don’t care for it, want it, or need it. However, if you focus on helping spread knowledge and quality content onto the Internet then you will be a contributor, and contributors are rewarded.

Still, a simple fact is that if you are not creating any content then your ownership is not growing. One major critical factor that everyone who is successful has is the ability to adjust. If you don’t know how to do something then there is no better time to learn than now. Adjust to the market and to what people need. If you do you will find that success is actually attracted to you.

Develop a Clear Mission Statement

One of the most important steps is one most business owners consider obvious – but few truly do thoroughly. Make sure that your business plan is simple, clear, and workable before you invest your capital. Have you planned out the next five years intensively? In how much detail? The more narrowly, specifically, and intelligently you articulate your business mission, the easier it will be for you to construct a cost effective budget and to keep your company in the black.

Search for Used/Free/Discounted Equipment

When you’re establishing a new company, you need not indulge in purchases of state-of-the-art furniture, Aeron chairs, and a slate of the latest company iPhones. Indeed, you can save yourself tremendous upfront capital by finding great deals on used/give-away office furniture and equipment. Businesses selling used or cheap equipment are becoming more widespread, and there are many resources online. For instance, Craigslist, a national internet site, posts hundreds of ads for used/cheap furniture every day.

You can also remodel used furniture yourself to save money. An old beat-up wooden table, for instance, can be transformed into a semi luxury furnishing with just a little sanding and painting. You can also call offices in your area to find out whether or not they might let you have or lease furniture at a discounted rate.

To keep costs low, figure out exactly what you need, and only get those items. Psychological studies show that shoppers who make lists and stick to them spend less.

Reduce Your Use of Mail: Increase Your Use of Email

While the US Postal System, FedEx, and other major carriers do a grand job delivering for small businesses, these services can get quite expensive, particularly if you use them regularly or ship bulk materials. Cutting out paperwork can make filing easier, save on staff resources, and cut your postage costs.

If you do convert your business records and transactions to “virtual transactions,” however, be sure to keep duplicate records. You can get accounts through sites likes Yahoo! and Google to store business emails online for free. You should also create a ghost copy of your hard drive to back up critical data.

Negotiate Costs with Vendors and Clients Whenever Possible — Don’t Be Shy

Just because your small business doesn’t qualify for bulk discounts doesn’t mean you can’t use your status as a “lean and mean” organization to your benefit. You may be able to get better deals on supplies by paying early, agreeing to a long-term contract with a supplier, or simply by hard-nosed negotiating. Frankly, one of the best ways to get a good deal is simply to ask. Know your market’s prices before you make offers – you obviously want to neither insult vendors nor overpay. To bone up on how to negotiate better, read books on the psychology of negotiation. Dr. Robert Cialdini’s book “Influence” is a classic in the field.

Shop for Insurance

A good insurance plan can not only protect your business from potentially catastrophic contingencies but can also give you leverage to grow your company. Research what you minimally need before you shop policies. Business owners can choose from literally dozens of types of policies, and every business owner’s needs will be different. Talk to several neutral sources before pricing plans.

Limit Your Energy Use

With oil prices spiking and the energy markets uncertain, you can’t afford not to consider the costs of fuel and power. There are many ways to reduce your consumption of energy without compromising your business model. Use fans instead of central air to keep your building cool during the summer. Replace traditional light bulbs with energy efficient bulbs (those odd, corkscrew-shaped bulbs you see at the hardware store). Energy saving bulbs can slash your energy costs, and they last much longer, too. If possible, do business out of your home to reduce the amount of gas you burn driving to and from the office.

Budget Conservatively

As a small business, you likely don’t have a huge margin of error. Budget brutally and honestly. Figure out your company’s assets and its anticipated liabilities. It’s natural to be optimistic about the future of your business. However, if you set your expectations at a modified level, you’ll have a far greater chance of staying within budget and thus succeeding. Be mindful of the fact that you may have to survive several months without making a profit in order to get your company up and running. Budget both your personal and business expenses carefully in preparation. You can use a number of support systems to improve/refine your budget as you go, including professional accounting consultants and top end software.

Learn From Other Successful Small Business Owners

By forging relationships with other like-minded entrepreneurs, you will simultaneously network and get feedback on key tactical issues which may arise as you move forward with your business plan. You may be entitled to a multitude of excellent tax write-offs. You may also qualify for discounts at bulk big box retailers like Costco and Sam’s Club. Subscribe to trade journals to find discounts and tips to get around fees and other business hassles.

Barter For Services

By trading for discounts you not only save money, you also build brand loyalty with potential vendors. If, for instance, you are starting up a web graphic service, you can likely trade your expertise for discounts on shipping, equipment, and other future favors. You may also be able to offer additional services to your clients to lower costs and build relationships.

Nothing excites the mind more than receiving automatic online income, day-in, day-out for all 365 days of the year. A true marvel to behold and the perfect solution to all your money worries.

It is totally liberating.

It gives you the freedom to pursue your life’s goals, no matter what they may be. It gives you the freedom of mobility; you can live anywhere in the world. Moreover, it gives you the time to do the THINGS you want to do, whether it’s sailing solo around the world or staying home to raise your kids.

Simply put, it gives you choices, plenty of choices. You are no longer tied down by a 9 to 5 job. You are your own boss. You decide when you work or even how much work you do.

But is automatic income from the web a myth or fact?

Are there really people making money 24/7 while they’re sleeping, enjoying a delicious restaurant meal or even while on vacation?

The answer is YES!

Computers and the Internet are relatively new inventions. Like anything new, many people don’t fully understand how they work or what excellent opportunities they offer. Most people just can’t comprehend how someone can earn automatic income from the web.

To understand how this income is possible, you must first understand how the Internet works. Basically, at its very core, the Internet is simply information. We use the web to find information. We use it to find what we’re looking for - whether that “something” is in the virtual world or in the so-called real world. Whether it’s a pizza with the works or the theory of relativity explained in full… you can find it all on the net.

We use the Internet to solve problems, find a friend, buy a condo, book a vacation, write a book report… and the list is endless. But how do you earn income from the web, automatic or otherwise?

Again, the answer is quite simple, you just have to give web users what they’re looking for and in most cases that “something” is information. They want information, neatly packaged and accessible at all times. They want things explained and pointed out to them in a direct manner. They want easy solutions to solve their questions or problems.

Information Is The Key

If you want to earn income from the web, you must place your website or sites squarely into this “information mix.” You must offer something of value to your site’s visitors, whether it’s how to make the perfect angel cake or tips on buying a new laptop. You must offer valuable content, special deals, bargains… you must give people a good reason to use your site. They must benefit from using your site.

Just look at Google; they have built a billion dollar company by simply telling people where they can find information on the web. Their homepage is one of the simplest pages on the web and hasn’t changed much since they started in 1998. But they offer the visitor valuable content/information which is needed and appreciated.

Granted you’re not Google, but even the smallest webmaster can offer valuable information to their visitors. Everyone is an “expert” on something - just take your favorite hobby or pastime and run with it. Build a site, offer tips, give advice, gather information… create an online presence for your chosen topic or hobby and you’re in business.

Once you have built a reputation for useful content, the search engines and your visitors will spread the word about your site’s content. Then it is simply a matter of monetizing that content with affiliate links or thru advertising, such as Google Adsense.

There are countless ways or models of making automatic income on the web. The above example is just one of the simplest ways of earning income from your website. If you have your own product and an army of affiliates, then the above scenario is multiplied a hundredfold.

Automation Is Your Friend

You must keep in mind: computers and the Internet are tailor-made for automation. Once you create your sites and content, they run 24/7 without any help from you. Once you set up your follow-up autoresponders, they run 24/7 without any help from you. Once you set up your affiliate links and/or Adsense Code, they run 24/7 without any help from you. Once you have set up your viral marketing systems, such as free videos, free buying guides, free downloads, free articles and ebooks, they run themselves 24/7 automatically.

Of course, it is a good idea to monitor your site and your whole online operation. Plus, it would be wise to keep adding valuable content to your site or sites on a regular basis. But once you have set up your automatic income streams, they pretty much run themselves without much help from their creator.

Then you will see for yourself that regular automatic income from the web is indeed possible and not a myth. You will earn revenue, like clockwork, day-in, day-out; it is a true beauty to behold. Besides, there is no greater joy than coming back from a computer-free vacation only to find you have earned enough money to pay for your vacation and then some… all the while you were away enjoying the sun and the company of friends.

That’s just one of the many joys having an automatic online income will give you. Many more await you…

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About Me - Bob Mo

About Me - Bob Mo
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