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Luella May

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You Must Have Strategies in Place to Grow Your Income!
9/19/2006 7:38:46 PM

You Must Have Strategies in Place to Grow Your Income!


Do you have a strategy?

From my observations, I see a lot of people online that
are moving forward without much of a strategy. Or they are
stuck using other peoples strategies and don't develop
their own based on their needs and abilities.

It is very important to understand that those marketers
that are teaching you things online are doing what they
know or have been successful with themselves. It is not
necessarily the path for YOU or the only path you should
take.

I use a combination of strategies... I strongly use the old
saying, "Don't put all your eggs in one basket."

A good example of this is the amount of marketers who lost
a large chunk (if not all) of their online incöme because
the latest "Google Slap" wiped out most of their business.
Some marketers instantly lost hundreds of thousands of
dollars per year from their annual incöme.

Why? Because they had all their eggs in the Google basket.
Google can make changes virtually any time they like and in
doing so can affect thousands of people. You may think you
have control, but in reality you don't.

That's why you must diversify. Have a strategy that takes
into account these type of life altering changes.

Don't do just one thing. Let me rephrase that. You can do
one thing, but make sure that you are covered within that
one thing.

For instance, if you depend on Google Adwords for the
majority of your incöme, that's fine. Just make sure that
you are not doing just one thing within that market.
Develop your strategies so that if something happens, you
can rely on other techniques to continue to earn you incöme.

Things are in a continuous state of change online. You
must brace yourself for that change. Make sure you have a
strategy. Don't lose sight of the big picture!

This is a business not just a way to make some quick
profits. Yes it can be, but generally I think most of us
want to have long term results and not live on the edge
from week to week.

So have some sort of strategy in place for your business
that insulates you from the environment. You should have a
short term, medium and long term strategy. +

Where do you see yourself in 1 month, 6 months, 5 years?

How are you going to get there?

There are things I do to make money now, but there are
also things that I am building now that will blossom in the
future and offer long-term stability.

Just sit down for a few minutes and write down some of
your goals and what you want out of this business. After
you know what you want and have taken into consideration
the environment, map out how your are going to get there.

If you do this, you will not only find stability over the
long term, but you will find peace of mind.


To your continued success
John Elliott aka Oaky Wood and Luella May

 

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