Archive for the ‘Online Business Models’ Category
What’s It Going To Take To Make A Million Dollars?
Is it possible? Can I even do it?
I was laying in bed one day and this thought came into my mind…
What’s it going to take to make a million dollars?
It was interesting because it immediately put my whole business into a different perspective, so I had to share this with you…
First of all I want to make sure you notice exactly what I said…
‘What’s it going to take’
This brings up the thought, is it even possible? Just imagine in your mind… is the thought of making a million dollars a real possibility for you? …I’m guessing it’s a very distant picture
when you think about what it would actually take for you to make a million dollars, maybe you can’t even think of how you would do it (in that case you need to do some work)
Here’s what I first thought it would take for the real possibility of making 1 million dollars
1 I would need multiple steams of income
This would mean that I would need several cash funnels many of them set on autopilot (so you don’t have to spend time keeping them up) spread out over at least a few niches – even if they were in the same large niche. It’s easier to have several smaller successes then 1 large success like creating the next Facebook or something ridiculously unlikely.
2 I would need high priced products
This would mean I would have to focus on niches where high priced products are already selling. To do this I would need to build email list so that I could build up trust by providing value and over delivering on my lower priced products.
3 Lots of traffic that converts into sales
It’s true that with enough quality traffic anyone could make a million dollars. The key is to get visitors that are likely to buy what you have to offer.
This portion of the process will take the most amount of time and would require you to outsource part of the work. Getting traffic is not hard, but getting a lot of traffic takes time and a lot of effort.
Here’s the thing… I’m already working on all of these things and I can actually see my business growing as I learn how to do them better and as I take more action. I can actually see the picture of making 1 million dollars in my mind larger than ever before.
Can you do the same? What’s your plan for making 1 million dollars? Is it even possible for you?
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Is It This Easy To Make Money Online?
I see a common problem online… people spend too much time on the ‘details’ but don’t spend enough time thinking about what they should really be asking themselves
In the video I tell you some of those questions you should be able to answer and if you have a good answer for each one everything should be a lot easier for you (be sure to take notes) – enjoy!
Participate in the conversation by leaving your comment below.
A Traffic Trap To Avoid At All Cost
Is there anything in your online business you hate doing?
I was talking with a coaching client and I told him how I use to hate writing articles even though I know that it brings in quality traffic and can bring in traffic for years even after the article is written, plus it cost nothing but time (making it ideal for beginners).
This is why I hated writing articles, I was always told that you have to write lots of articles to get decent traffic to your site and to me that equals a huge time commitement with little noticable results.
In fact when I could convince myself that I need to write some articles, I would spend like 15 to 30 minutes writing a single article and after a few articles I would give up.
Can you blame me?
So I decided that the only way I was going to write articles again is if I can write them quickly and be able to get a decent amount of traffic to my site from each article – I’m working on that.
I like traffic methods that don’t take too much time, basically anything that can return results for very little effort. It’s not that I’m lazy…
Here’s a common problem I want you to watch out for
You see most people get stuck spending most of there time working on getting traffic to their site.
They say…
If I just had more traffic I would start selling more…
To make a long story short
They believe not having enough time to spend on getting traffic is what’s holding them back from succeeding online – don’t fall for that crap!
I did at first and it stopped me from getting real results!
The truth is many people spend too much time on getting traffic!
This is what happens…
The visitor comes to your site and isn’t interested due to a poor offer/conversion rate or worse doesn’t know what to do – tell them what to do!
Lately, I’ve been working on effectively funneling my traffic so that every visitor to my site has a higher chance of becoming a customer of mine as long as I offer something they need of higher value than the actual price.
The result is I don’t have to work nearly as hard to get the same or better results, from spending the same amount of time or less on getting traffic to my sites, now I have more time to focus on more important things!
So to put it simply what I told my coaching client is first set up a decent funnel system, here’s how you can start… ask yourself:
What is my most desired action of my web site visitor?
For instance I want them to join my email list and get to know me, learn how to make more money online by consuming the information and products I recommend and as a result improve their online income, then tell me the great results they’re getting!
After you have planned out and implemented what you want your visitors to do first, then you can start driving traffic to your site
Next you want to make sure you still having time to spend on increasing the results of your traffic funnel and providing value to your current and potential customers.
Lesson learned: using effective time management and focusing on all important aspects of your online business at ‘the right time’ can grow your pockets fatter with less headache!
thanks for reading!
Jeff Bode
What are your thoughts on the subject?
How Are You Building Your Websites?
Recently I received an email asking me how long it takes to build a good website? He told me he had been working on a site for 4 months. So I replied to this message asking if the site has made any money yet? The response was that he was improving the site so he hasn’t worked on getting traffic to it yet!
Now, I see a major problem here and I think it is a common problem. Your goal as an online business owner should be to make money as soon as possible. This means don’t spend several months making everything perfect. This means not having 50 partial projects that aren’t making you squat. Sure I have several projects that I’m working on so I’m guilty as well.
It’s human nature to get side tracked entrepreneurial ADD is a very common problem. We have so many new ideas that we think are so good that we focus on that idea for a little while them get another idea and focus on that after a while we have 50 ideas and no businesses.
So here was my solution, about 3 weeks ago I created a folder on my computer called “ideas box” I got this idea from Justin Brooke, I think he has an actual box. So every time I have an idea I write it out – summarize it and save it in my ideas box folder. Now I can go back to it when the time is right, some ideas I will never use, but some will be very helpful when the time comes.
The important thing is, you will not quite your current project and as a result you can continue to work on that project until you do what it takes to finish it and hopefully make money with it.
On to the next point, if it takes you 2 months to build a website and you have no visitors coming to it, you are taking too long. The reason I give away wordpress themes is so that you can quickly create websites and start driving traffic to that website.
Then you test and tweak the site after you have visitors coming to it. You can get visitors the first day you promote a new site and even make some sales that same day or you can wait 4 months and lose out on all those sales you could have been making.
In fact on the lazy marketer blog, Chris Rempel said the sites that he spent a lot of time setting everything up to perfection would in many cases not perform as well as the sites he spent very little time creating. I’m not sure exactly why, but I’m sure he didn’t like that he wasted all that time setting everything up to be perfect only to throw up another site and have it out perform the site he spent time perfecting.
An imperfect site that has visitors can make you money, a perfect website that you spent 4 months working on, that doesn’t have any visitors isn’t going to make you a dime. Nobody knows your site exist!
Now is the time to take action get your site up and get traffic to it as soon as possible, if it’s making you money then consider spending more time making it better otherwise move onto the next website and get that one going. You should also apply this to list building – get subscribers as fast as possible, learn how I do it from my free course list building exposed.
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Any ideas?
Green Light Secrets System Development Video
Hey Jbode here inviting you to watch this exclusive video of my new free course
- available now. The course is all about using a simple step by step business
model that has proven to be successful for me and a few others who have tested
the system.
I also give details about finding profitable niches and keywords which seems to be a
major problem for many people, this alone is well worth your time. You can go here
to view System Development. Enjoy the video
