Posts Tagged ‘Successful Online Businesses’

Avoiding Internet Marketing Burnout

Friday, November 13th, 2009

Over the past 10 years, I’ve had dozens of friends, who had successful online businesses, tell me that they were going to quit the Internet marketing business and do something else.

Over the past 10 years, I’ve gone to hundreds of websites to discover that the owners of the sites had left the online world… simply packed up and quit. Some of them explained why they quit, others simply allowed their domains to expire and quietly faded away.

Many of the people, in both of the cases above, simply experienced “Internet marketing burnout.” They no longer enjoyed Internet marketing and so they went on to do something that they enjoyed more.

Let’s briefly examine some of the causes of Internet marketing burnout and perhaps address how you can avoid it!

One of the most prevalent causes of Internet marketing burnout, that I’ve noticed, resulted largely because people were selling thing that they really didn’t believe in. They simply tired of trying to “convince” people that they needed and wanted products that they didn’t honestly believe were a good value. They were selling products that they made good money from, but that they weren’t convinced improved peoples lives.

The solution to avoiding the type of burnout described above is very simple. Don’t sell anything that you wouldn’t buy yourself. Don’t sell anything that you feel somewhat guilty about offering to others. It’s that simple. Get a sample of any product that you are thinking about selling, examine it end to end, and ONLY offer it to your market if you’re convinced that it will add tremendous VALUE to your customers’ lives.

A second thing that burns Internet marketers out … especially consultants and coaches, is dealing with people who ask you for help but won’t commit to helping themselves. You throw your heart and soul into giving someone the best advice that you have. You spend a lot of time and effort helping someone to research a project and come up with a great plan - only to have them not follow through. That burns a lot of people out over time.

The way to avoid encountering this type of burnout is to be very selective in agreeing to work with clients. Interview/screen them and confirm that they have the habit of completing tasks. Confirm that they have a strong enough “reason why” that they will NEVER give up on a dream or a project. These are the people you want as clients. These are the ONLY people that I currently work with - because my time is very limited and I only want to work with people who are willing to help themselves. You should do the same!

Many Internet marketers burn out after growing tired of pushing product after product to a “jaded” market. They see new products “coming down the pike” every day, and they are asked to promote many of them. Some can’t resist this temptation. The problem arises when they realize that MOST of their customers, who buy product after product, NEVER actually use most of them. This becomes disheartening and can lead to burnout.

The solution is to be very selective and to only sell things that that you believe in. Once you have a product that you really believe improves your customers’ lives, don’t just promote it for a week or two. Develop a long-term plan and promote it until it’s no longer a timely and appropriate product. Most of your customers will only buy that product after hearing you talk about it over and over again. So, do repeat mailings for the same product rather than promoting 100 different products. You’ll find that more satisfying :-)

Many people burn out because what they’re doing online doesn’t fit in with what they see as their “purpose.” When you do a job that has no real “meaning” to you, you soon get bored or tired of that job.

The solution is to do something that fits in with something in your life that has meaning… something bigger than just the act of making a few short-term sales. As an example, I help with a project that, on the surface, sells cookbooks and is producing a television show. When you dig deeper, the project (at http://TheDevotionalChef.com) is helping to build and fund a homeless shelter… perhaps two homeless shelters, in Baton Rouge Louisiana. That project has a LOT of meaning and purpose to me because I’ve known so many homeless people… some whom have died largely as a result of being homeless. I enjoy that project because I can see the “good” that it’s doing.

Not every project has to take on such significance, but when one does it’s a lot easier to see it through to completion. It’s a lot easier to enjoy working on a project like that, even when the going gets tough!

Another way to avoid Internet marketing burnout is to take control of your time and lead a balanced life. One of the elements missing from many Internet marketers’ (that I consult with) lives is that they have no real social life. They spend all of their time sitting in front of a computer and interact with other people face to face very little. That can turn you into a very lonely place.

You can deal with the “lonely computer person” syndrome by making a conscious effort to get out and do things with neighbors, friends, and relatives. You can also make new friends who share your interest in Internet marketing by attending more Internet marketing seminars and conferences. You can form deep friendships at these events as well as meet new potential business, and joint venture, partners.

A good place to locate Internet marketing events is: http://InternetMarketingSeminarSchedule.com There may even be inexpensive seminars and conferences within a convenient driving distance from where you live ;-) Another cause of Internet marketing burnout is the feeling that you are not making any real progress. This is often due to the fact that, without a boss watching over your shoulders, you have very little discipline and therefore VERY low productivity.

The solution to the low discipline, low productivity problem is simple… guard against things that decrease your productivity such as instant messenger type programs, hanging out in forums too much, playing games online, etc. If you need to, eliminate… or at least schedule when these things will fit into your day!

Take a course or read a few books on time management. This will help you to see how others gain control over their time, and get much more done. My favorite book on the topic is by Dan Kennedy, and is called: “No B.S. Time Management For Entrepreneurs - The Ultimate No Holds Barred Kick Butt Take No Prisoners Guide To Time Productivity & Sanity.” I bought a copy off Barnes and Nobles. Get a copy, read it, and apply some of what Dan teaches… it will free up an amazing amount of time for you.

While you’re learning from Dan, also grab a free 3-month subscription to his newsletter. It will continue helping you to get a grip on your use of time, and also revolutionize your business. You can get a free 3-month subscription at: http://www.dk3monthspecial.com/best_offer Grab it NOW ;-) The final cause of low productivity that we will examine is lack of focus and trying to do too many different projects at the same time. You begin to feel overwhelmed and that you are not getting ANY project finished. The solution to this one is amazingly simple too.. Focus on one thing at a time and see it through to completion. This gives you that much needed sense of accomplishment AND also gives you some cash flow. Half-completed products can’t be sold. After you’ve complete a given project, only then do you allow yourself to even NOTICE the next project.

I’ve just shared with you some common causes of Internet marketing burnout, and how I, and my clients, avoid them. Apply the appropriate ones to your life today, and you can easily avoid this business killer!

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What Successful Internet Marketers Know That You Do Not

Thursday, October 29th, 2009

Do you consider yourself a successful business? I’m sure the answer to that question is, of course. Guess what, you’re not alone. Not too long ago, I too thought I ran a successful business. As an Online business owner, I have a website and an email autoresponder which is all you really need when running an online business. For the past two years, I have followed the advice of untold gurus about easy Internet marketing cash. I have purchased many ebooks and attended quite a few teleseminars with hopes of creating a successful online business.

During the first year and a half of working on my business, I did see some success. With lots of discipline, I did what most netrepreneurs would do. SEO for my website and spent my days searching for link partners. I did experience traffic to my site over this time period but at the end
of the day, there was very little in the way of sales conversion.

After watching many new marketers come and go, I’ve carefully reviewed the movement of the more experienced marketers to SEE what they do.

Talk is cheap as the saying goes. Children learn from what you do not what you say.

It is with these child like eyes, I began to put my research hat on and take careful note of what successful online businesses do really well.

1. Business Systems -

They all start their business with a plan. Too you and I it would seem otherwise if you only look at all of the marketing emails received for product launches. But if you are privilege to be a fly on the wall, you’ll soon see there is a method to their madness. Even an area like affiliate marketing should be approached methodically. Once I understood this point, I stopped being willy nilly with my work and created a simple plan to make things happen.

2. Focus -

This is a Biggie! I don’t know about you but my email at one point would receive about 75 emails each day. As a new marketer, I subscribed to just about every list known to wo-man. I was afraid of missing out on anything that was news of the day. I’m sure you might relate to this. Just remember this little fact:

Confusion = Poverty……..That’s right!

Stay focused on your goals. Success does not happen overnight despite what those sales letters may say. The Guru’s know not every product will strike gold, however, my sales manager who I no longer work for used to say:

Just Sling enough mud on the wall and see what sticks.

Although I do not personally agree with this mantra, there are many who do in terms of their internet marketing business.

3. Traffic Generation Systems - Yes, there’s that word again….systems.

Systems are equivalent to the air we breathe on the internet. Without them you really are destined for failure. Don’t believe me, no problem. Are you still using any of the big website generation software that spat out thousands of pages? I bought into the hype also. Don’t cry for me yet though. I have since studied the best marketers and built a real traffic generation system that will last no matter what the search engines do today, tomorrow or even next year.

4. Web 2.0 - So popular yet is the least understood.

This area can be an Internet Marketer’s goldmine or a big black hole. I’ve been able to actually use Google to spy on my favorite marketers to really see what it is they’re doing in part with their Web 2.0 systems. Although Google has been a great help in some areas like telling me in an instant about the who, what and when as it relates to product launches and internet marketing buzz.

Unfortunately, It has lacked in the money area which is the How!

How do they do what they do baby. As Ray Charles used to say.

Once I figured this out thanks to my good friend and mentor, I soon began to apply this to my internet business and have seen positive results. Although it has been a pretty tough road in the beginning through my own trial and error, I don’t regret the set backs for one minute.

If you’ve figured out the secret to long term internet marketing success and are experiencing the results of your dreams then I’d like to congratulate you right now. You definitely deserve it.

However, if you’re not experiencing what so few consider success in your online business, then I would encourage you to download a free report written together with the help of my friend and mentor Henry Gold. This report will help you as it did me to clearly understand Web 2.0 and how it is affecting your business.

I am confident we can build that dream of yours. It did mine and it will yours. I encourage you to go ahead and download the rest of the report not for me or Henry but for yourself. It changed my life and I am confident it will change yours.

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