Many people want to make money online but they don't apply real
business principles to their online business and then they fail and
wonder why. Lets talk about some simple business principles that are a
must if you plan to
make money online.
Make Money Online With Profit ManagementYou
are in business to make profits and that's it, there is no other reason
to be in business. So you need to know how to manage your profits and
first and for most you need to know how you are going to make profits
from your business in the first place. Any business you decide to enter
you need a business plan that explains/projects how you are going to
make profits.
With online marketing I take it one step further which is also something you do with an offline business but its easier with
internet marketing.
Every affiliate or online business I join that I am paying for I ensure
that I offset whatever I am paying for by making a profit from that
affiliation. Usually any affiliate program is willing to pay you for
referring people to the program, so I just refer enough people until I
am making a profit from the program. In doing this I ensure that all
money coming in after that is profits and that gives me the leverage of
doing some other key things with
internet marketing.
I
always follow a system and that system for me is my own personal system
and everybody has a system its just a matter of how effective your
system is. So my online business ethic is this. I put 25% profits back
into advertising, 50% into savings and 25%
whatever-I-want-to-do-with-it money. This way I save half my money, I
have spending money and I am putting my business infront of more people
than the month before (which is my goal every month). When I do this I
watch my revenue increase every single month. I also stress the savings
aspect as well because you can be making so much money but If you
aren't saving it you won't ever really see any of that money.
I
utilize these principles and it works and I am sure it can work for you
aswell. Another key to life is to just simply take success principles
of successful people and implement them within your own lives. You can
be successful at anything you want in life and making money online is
one of them but you got to be willing to endure the hardships along the
way.
-
Alexander DayLearn how to
make money online with little or no out-of-pocket cash.
P.S. I am going to also let you know some of the programs I use personally and how they have helped me.
Success University: An opportunity for you to
LEARN & EARN. Get an
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Direct Matches:
I use DirectMatches to network with other like-minded individuals who
are already interested in what I am doing. DirectMatches connects you
directly to the kind of people you are looking to introduce your
business to. It's literally free leads but even better because you can
read their profile and find out more about them personally. Its like
getting leads with personal profiles.
Global Domains International:
I get my domain name and my hosting in the same place. Yeah you can go
to GoDaddy and get a cheap domain name but you won't have the
opportunity to build a residual income from referring people to use the
same service. I pay $10/mth and I earn $1 a month from each person in
my downline and 10% of anything they buy from their back office. I also
get up to 10 email addresses. So lets put it this way, my domain and
hosting pay for itself and I use some of the profits to put into more
advertising.
Viral Url:
I use Viral Url to cloak all my affiliate links aswell as track my
advertising and affiliate click-thru's. The service is just great and
its free but I am a gold member, I get more commission as a Gold or
Platinum member and I get sign ups daily. Also every time someone
visits your affiliate link you earn advertising credits and you can use
those credits to advertise on other members websites.
Pay It Forward For Profits:
Utilize this millionaire network marketing system to build any network
marketing business out there. These two guys used this system to earn
over $10,000 in just days.
Traffic Hoopla:
Find out the best and most effective traffic exchanges online. Get
updated weekly on the latest top ranked traffic exchanges today.Also bookmark my
recommended internet marketing products page so that you can be constantly updated on programs that I am making money with aswell as all the services I use.