What Do You Think About My Business Plan?
Hey there fellow warriors,
I been semi-lurking on the forum for about a year now. I made some spare change here and there, but haven't reached a level where I am generating enough money to cover my expenses in Internet Marketing. I did an inventory and figured that these things were leading to my failure.
1. Inability to focus on one project at a time
2. Getting seduced by the "latest hot thing"
3. Treating Internet Marketing like a hobby as opposed to a business
4. Lack of a coach to guide me
With that in mind, I made the conscious decision to draft out a proper business plan, and in the process, I also hired a coach to give me feedback and advice.
So far, I decided to focus on the simplest way to make money I know of - providing a service to users that they need. In that aspect, I am lucky. I love reading and writing (I am a law student), so I decided that my first course of action would be to build up capital by offering writing services to my fellow Warriors. I also decided to complement this service by writing and selling PLR.
Thus far, in this past 2 weeks, I have
1. Posted my first WSO ever since joining the Warrior Forum
2. Posted my first thread in the Warriors For Hire section advertising my writing services
3. Started researching subject areas to write on for my future PLR Packs
4. Compiled my previous work to showcase my writing for prospective customers
5. Figured out how to use Aweber so that I can start building my list
If there's one thing I learnt over this past 2 weeks, its the importance of setting clear actionable goals. The sheer amount of work does get to me at times. However, by breaking it down into chunk size bits, I find it much easier to keep me on track and motivated. Also, being self employed is much harder than I thought. I am more inclined to receiving instructions as opposed to creating them, so the unparalleled freedom I have now in setting my own course takes some getting used to.
To summarize, I hope to:
1) Raise capital in the short term by offering my writing services
2) Build up a PLR store (long term project)
3) Build up a list from my customers
4) Re-invest the money I earn into other projects (CPA, PPC probably)
It would be great if I got get the feedback of my fellow Warriors on what they think.
Cheers!
I been semi-lurking on the forum for about a year now. I made some spare change here and there, but haven't reached a level where I am generating enough money to cover my expenses in Internet Marketing. I did an inventory and figured that these things were leading to my failure.
1. Inability to focus on one project at a time
2. Getting seduced by the "latest hot thing"
3. Treating Internet Marketing like a hobby as opposed to a business
4. Lack of a coach to guide me
With that in mind, I made the conscious decision to draft out a proper business plan, and in the process, I also hired a coach to give me feedback and advice.
So far, I decided to focus on the simplest way to make money I know of - providing a service to users that they need. In that aspect, I am lucky. I love reading and writing (I am a law student), so I decided that my first course of action would be to build up capital by offering writing services to my fellow Warriors. I also decided to complement this service by writing and selling PLR.
Thus far, in this past 2 weeks, I have
1. Posted my first WSO ever since joining the Warrior Forum
2. Posted my first thread in the Warriors For Hire section advertising my writing services
3. Started researching subject areas to write on for my future PLR Packs
4. Compiled my previous work to showcase my writing for prospective customers
5. Figured out how to use Aweber so that I can start building my list
If there's one thing I learnt over this past 2 weeks, its the importance of setting clear actionable goals. The sheer amount of work does get to me at times. However, by breaking it down into chunk size bits, I find it much easier to keep me on track and motivated. Also, being self employed is much harder than I thought. I am more inclined to receiving instructions as opposed to creating them, so the unparalleled freedom I have now in setting my own course takes some getting used to.
To summarize, I hope to:
1) Raise capital in the short term by offering my writing services
2) Build up a PLR store (long term project)
3) Build up a list from my customers
4) Re-invest the money I earn into other projects (CPA, PPC probably)
It would be great if I got get the feedback of my fellow Warriors on what they think.
Cheers!
Just Like The Other Students I Mentor Do!
Posting About Life & Video Games:
http://www.jarycu.com
Jean Paul a.k.a AdwordsMogul
PHPDevelopers.net - Top of the range PHP developers
⇉ Easy Link Saver - Are you tired of the pain of constantly searching for your affiliate links? ( Chrome extension - FREE )
This.