Wednesday, April 15, 2009

Fastest Way to Failure


Here is the fastest way to failure if that is what you are trying to achieve!


Now that I have your attention. 97% of all online businesses lose money. That is terrible and totally skewed... The biggest problem is that most of those failures came from following the get rich quick promises made by a site that may or may not have been a scam.
You see the numbers and the talk of what they earn in only 24 hours and that the business will work for you and the hook is in, all that is left is to take the money......
So you spend your money and site and wait..... Amazing nothing happens... Failure.. Scam.... Rip off....
Or you spend your money to learn how the big boys earn millions online every day....
All you have to do is follow step by step what they do and you can be a millionaire too.....
It really is not a surprise that the failure rate is so high online....


Before you spend a dime on anything!
You have got to understand that you are starting a business, and that means that you are working. It may be working for yourself instead of someone else but you are still working. Nothing is over night or totally self running. It takes time and commitment to make any business a success. Out here and on the street the same rule applies, no customers mean no business..... Now out here those customers are called traffic or conversion rates but they are people just like you and me.
Most everyone trying to start an online business has been burned at least twice so your business is on shaky ground right from the start. You really do have to make sure that you are going to be able to give the support that is needed for whatever business you want to start out here. Don't just pick one off the shelf and hope it runs itself without any snags because no matter how good that program or site or product is the Law of Murphy will always show its ugly head. When that happens you have to be there for support. That support of your clients will win their trust more than any hype or advertising banner... My grandfather once told me that if you take care of your people they will take care of your business. I have found that to be true in both good times and hard times.
Right now is probably the best time in the world to start a business for one simple reason. The economy is so bad that it can only get better and there is such a large pool of people who need help that the growth potential for any online business is unlimited.
But you have to work and that means a schedule that you follow daily, weekly and monthly. Unless you are a sales marketing Midas then don't expect to become a millionaire over night. It takes around 90 days for the search engines to index any site no matter who is submitting it or how much it costs. You can pay the search engines to index the site sooner but the object is to make money not spend it. You will have to reinvest enough once your business starts to earn an income.
Take the time or fail. It really is that easy... You have to get people to your site or your affiliate link in order to have any chance of making a sale.
The same holds true for the blogging for dollars group. If no one visits the blog your
AdSense ads are not going to earn a dime.
Here is a rule of thumb for you, it takes around 3000 visits from the traffic exchanges to make a sale, 1000 from emails or safe lists per sale. Now also on emails and safe lists you can only count on maybe 7% of those emails actually generating a visit to your site. Sad but true. It would be nice if your safe list of 50,000 actually generated 50,000 visits but it is more likely 3500 and that is only if you really get to mail all 50,000 at once. Now I know this sounds like doom and gloom but it really is not. Just like your mother or grandmother said don't put all your eggs in one basket. Do Not Rely On One Source of Traffic. By that I mean don't only surf the traffic exchanges, and don't only send out emails, or don't only use classified ads or even Google or Yahoo or any other pay per click advertising.
USE THEM ALL AS YOUR BUDGET ALLOWS!
But never forget that you have got to stay consistent with your efforts. Yes the search engines will find your site eventually but you may be in the poor house long before that happens. Get the traffic to your business yourself, and be nicely surprised when the search engines come into play.

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