How to set REACHABLE financial goals for 2011. Want to make an extra $25,000 this year?

Internet marketing is hard. NO it's not. It's no harder than any other type of marketing or "media" used to market. Argue over which is the Internet at your own financial peril.

Here is how to set reachable goals for 2011.

Let's say, for the sake of example, you want to make an EXTRA $25,000.00 this year.

First is it doable? Well for some Warriors, that would be a very disappointing year. For others, it would be a breakthrough.

So, HOW do you make an extra 25 grand this year? First, you do the math. Break it down.

You'll need to "SELL" a product or service for:

ONE at 25,000 dollars each. NOT doable for most, I'd say for .999% Only one in a thousand marketers can sell a 25 grand product or service, but it is hardly BIG TICKET either.

TWO @ 12,500 bux.

FOUR @ 6,250

EIGHT @ 3,125 (SOME of the "launches" approach this figure)

16 @ 1562.50 (a low cost copywriter's fee for web page)

32 @ 781.25 ( a middle cost coaching program)

64 @ 390.625 ( a low cost "coaching" program)

128 @ 195.3125

256 @ 97.65 (an average course or EXTENSIVE ebook/information product)

512 @ 48.82

1024 @ 24.42

2048 @ 12.21

And I won't go any lower, if you are selling below 12 bux a unit, you've got a lot of work to do. In fact, many experts (including myself) will tell you it is easier to sell higher priced products with less hassle and fewer returns than it is to fart around with way low cost products...however, that being said, my personal model has been to sell "low cost" reports in the 25 dollar range to a small number of buyers on my list, less than 7500.

OK. So there you have the MATH and some personal philosophy.

More opinion: better to sell your own products or services, however, faster to start with affiliate marketing. To reach your goal, a combo might be appropriate.

So, back to our 25,000 EXTRA income goal.

Part one: find a product you can become an affiliate of, in an area in which you have some passion or interest, and try to find ones with at least 25 dollar or more payouts. 50 bux on a 97 dollar product would be good.

Part TWO. Create or Acquire (have made for you, Private Label Rights or buy something) a product of your own you can sell for 97 dollars and offer an affiliate program on it.

Now here is what most don't understand. It isn't a proportionate or a exponential dollar income. In other words, you can't figure you'll sell one per day for the year.

You may sell ONE a month for a couple of months. Then you increase sales as you get to a point of knowing what you are doing and more likely, you'll make most of your sales in the last 60 days...

which also explains why so many people QUIT or give up too soon, because they don't understand or use the concept of accumulation...

Warriors who have been failing for 4 years are most likely to be quitters who give up too soon, or who haven't spent the time to build upon a solid foundation.

NOW, when the numbers get bigger, say you want an extra 100,000 bux a year, the reason most people can't reach this goal, is it is for them, an UNBELIEVABLE goal, so they can't even get to first base. So many people want to make their first 100 bux. Not much of a goal, but it is believable for everyone.

Set your goals.
Develop a PLAN of ACTION based on weekly/daily activities within your time constraints.

Do the heavy lifting the first 6 months, let it snowball and get build up.
Think it through from the get go. See the results you want, write them down and backward chain your plan of action.

Let time work for you.

It's NOT hard, it's continuously FOCUSED action on a very specific goal.

So start there. What is your specific goal for 2011?

Then WRITE out your plan to get it.

gjabi