Monday, September 19, 2011

All in a Nutshell, Planning is the Root for success, start there, |Andres Amador|

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"Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy."
-- Norman Vincent Peale

 

The Benefits of starting a Home Base Business.

Starting a Home Base business is exciting, but can be a scary thought for most people. A lot of people look at a home base business as something that will restrict them from doing things. In reality, a home base business is actually a tool that could help you financially so you are able to buy and do the things that are important to you in your life. One of the best personal tips you can employ and advice today would be to start a home base business. Start by developing your Business Operations Manual

How to attain success with your online home business is a subject that can easily give you information-overload. However, applying just a few fundamental rules will inevitably lead you to success. I guide myself with this recipe I found for home based business owners and the ingredients are as follow:

2 cups Planning
1 tbsp Funds
1 Product – to begin with
1 cup Diligence
1/2 cup Patience
2 cups Persistence

1. Planning:

This is the foundation on which you will be building your business, so it stands to reason that you should spend a good chunk of time on this.

Starting a Business Process and Why is it Important?

If you can master five basic process management, systems and organization tools, it will make things a lot easier for you. Remember that investing time and energy into developing and maintaining sustainable business processes and systems that keep your day-to-day activities organized sets you up for success.

Start by making a comprehensive list of your administrative and operational procedures; and then outline what is required to carry out each procedure on a daily or weekly basis. Include tasks and information on topics such as client intake, marketing strategy (both traditional and social media activity), networking, time keeping, business expenses, and any process. Then carry it out from start to finish based on your documentation, so don’t leave anything out.

Once you have your systems and procedures documented, tracking step-by-step work on a task will ensure you don’t miss anything, which not only saves time but can help you to avoid errors.

Business resources are just as important as business documents. Create and maintain a database to track your system access, memberships, affiliate programs and passwords. Be sure to include the name of the system/organization, URL, login, password, costs and expiration date. For security reasons it is a good idea to password protect this file.

This business process is essential for managing your business; the system does not need to be complicated –it is easy to set a schedule and hold yourself accountable for getting it done. . Regardless of what solution works best for you, be sure to re-visit and update your systems and processes regularly. In the beginning, quarterly reviews are recommended but once your business is up and running smoothly, yearly reviews are sufficient. Set a reminder on your calendar if you need to. With any luck you will create systems and processes from the beginning that can sustain growth and only need tweaking as your business grows.

One final thought. We all get caught up working “in” our business rather than working “on” it, but developing tools to keep your business organized will not only eliminate some of that tendency, but serve as a skill to attract new clients. Creating systems and processes that are easily repeatable and sustainable as business increases should become a top priority and a best practice.

The clock is ticking so don’t lose another minute!

Then what is the Most Important Feature Your Business Needs to Use on the Internet?

So you’ve got your business online and now you’re wondering where to go next. Well look at this from the standpoint of what your most valuable asset would be in your business, offline or online. What if I took away all your customers and all your potential customers. Would you still have a business? So if we had to boil marketing on the internet down to one most important feature that would hands down be your customer and leads lists. What does that look like in terms of online marketing? It’s your email list.

If you do nothing else on the internet it’s important that you build your customer and potential customer database. With programs like 12SC it is easy to build multiple email lists of people who are interested in what you have to offer but are not quite ready to buy. It is also easy to put those who’ve bought from you into email lists either manually or through a bit of automation.

How do you build an email list?

Well this will bring us to probably the second-most important feature of an online business. That would be your website. Using a website to market your business is going to have a large impact on your ability to sell and to collect new leads. With a website you can give people as much information as they need to tell them WHY they should join your email list and what value you will be providing to them. You should also create a squeeze page or opt in page as it is called. This is a landing page which has an opt in form to capture your lead’s first name and email. The only information you are seeking at this time is first name and primary email. You must offer a free giveaway to tempt your lead to subscribe to your list. Once they do so, they get a freebie and you get to market to them as long as they are on your list. This is how you grow a targeted responsive community of people who want to be in your space, but that’s the easy part. You must continually build a relationship with your list to keep them there. Make offers from time to time but always provide value and build the relationship with your list. How often you email your list is going to depend on how much value you can provide to them and how many emails that will take. If you can provide value only once every two weeks then do it. If you need to email three times a week because you have so much value to share then do it.Just keep watch and judge the reaction of your list and make adjustments from there. If you are losing a lot of subscribers then you’ll know it’s time to adjust. If you are getting lots of positive reactions then you’ll know you’re on the right track. Overall building an email list is one of the most valuable assets you can have in your business. If you take the time to do it right you will build long term relationships that will last for years and provide you with fiercely loyal customers.

2. Funds:

Let’s face it, you will need money to a certain extent if you want to start a business, be it online or offline. Your available capital will also determine how long it will take to get your business rolling. The more funds you have, the less time it will require to get your business up and going. The fewer funds you have, the more time you will need to invest in the preparation and marketing of your business.

3. Product:

If you’re going to run a business, you naturally need a product. This can either be your own product, or one created by another person or business.

4. Diligence, Patience and Persistence:

One thing that many people starting an online business don’t reckon with is that it’s like creating any other offline business. Nothing happens instantly. There is no silver bullet. The “overnight millionaire” dream is a fantasy – it simply doesn’t exist. Everybody has to take a “first step”. Once you’ve taken your first step, you then have to take your “second step”. And the only way you can finally walk is to keep at it – step by step.

Be diligent – don’t be lazy. Learn, Apply, and keep connected.

Be patient – don’t expect anything to happen instantly. Marketing and promoting your business can be a lengthy endeavor, and you will need to give your actions time to mature. But with patience and persistence, you will eventually reap the benefits.

Diversify. You will need more than one advertising source to get your business going. But don’t think of each source as a business. Think of them all together as your business.

It can be like constructing an apartment building. Each apartment is a source, and together they form a building – your business. And, once you have laid a strong enough foundation, you can take your building as high and as wide as you like. That’s the hidden secret to online success. By learning and implementing as your build your business and putting all together, you will be one more step ahead from everyone, by sharing what your learn, and that is giving value back to the community.

Andres Amador

Amadorfreedom

Amacorp

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