Before You Start, Make A Plan & Outline Your Steps...
Posted 25th March 2009 at 03:03 AM by Kunle Olomofe
It's easy to jump into doing something like this without having a solid plan in place so...
DON'T.
You NEED a plan and strategy laid out so you don't waste time and money unnecessarily.
So here's a lay out of what you want to consider before starting..
Decide how long you want to do this
Decide HOW long you want to do this for... 1 month, 2 months etc...
Why? Because once you start, you will discover a lot of opportunities will arise from this as I am discovering... you will have repeat customers, be able to build a power mailing or contacts list of future buyers or people you can market affiliate products to, and you may even decide to go into offering seminars or organizing them if the demand is there (and it will be in certain niches and certain localities).
There is also the possibility of you offering continuity products like membership offers to some of your customers (more on that later).
So you want to know now or have a rough idea how long you plan to do this for, this way you'll know how committed you need to be.
When I decided to start using this simple idea I didn't think it would become a full blown strategy for my company, but just a few hours into it and I can't stop the ideas for potential expansion that keep coming to me.
So, get a plan in place before you start, it's very important.
Preparing some sort of plan will also give you a good idea of how much you will start with and what your future costs and likely profits are going to be as well.
It could be that you may need to raise the cash you need to start, if you know how much you need to raise you can decide what exactly needs to be done to raise it and focus solely on that.
DON'T.
You NEED a plan and strategy laid out so you don't waste time and money unnecessarily.
So here's a lay out of what you want to consider before starting..
Decide how long you want to do this
Decide HOW long you want to do this for... 1 month, 2 months etc...
Why? Because once you start, you will discover a lot of opportunities will arise from this as I am discovering... you will have repeat customers, be able to build a power mailing or contacts list of future buyers or people you can market affiliate products to, and you may even decide to go into offering seminars or organizing them if the demand is there (and it will be in certain niches and certain localities).
There is also the possibility of you offering continuity products like membership offers to some of your customers (more on that later).
So you want to know now or have a rough idea how long you plan to do this for, this way you'll know how committed you need to be.
When I decided to start using this simple idea I didn't think it would become a full blown strategy for my company, but just a few hours into it and I can't stop the ideas for potential expansion that keep coming to me.
So, get a plan in place before you start, it's very important.
Preparing some sort of plan will also give you a good idea of how much you will start with and what your future costs and likely profits are going to be as well.
It could be that you may need to raise the cash you need to start, if you know how much you need to raise you can decide what exactly needs to be done to raise it and focus solely on that.
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