I just don’t get it you know, day in day out I read on the forums, hear others talking and even get emails from people who are struggling to make this whole ‘online business’ thing work. There are many, many people out there who just aren’t getting to where they want to be in their online business and are literally “spinning their wheels” slaving away for hours upon hours before work, after work and even during work! Without any significant results.
How do I know? Because I was in this exact situation once and let me tell you now, there is a way out of it and it’s not as hard as you think!
Some of you may be in this situation and some of you may not but the point is, doing business online isn’t easy but isn’t impossible either. The problem that I consistently come across is that those people who are just getting started online and even people that have had some success are making this business a lot more complicated than it actually is.
You’ve probably heard the term “information overload” or “analysis paralysis” being thrown around on various marketing forums and let me tell you right now, it is real, and if you’re someone that is effected by this its only going to get worse unless you do something about it.
Why I hear you ask?
Well for newbies that are just getting started and those that are struggling online, it seems like every day brings a new tool or new product or fancy whiz bang piece of software or whatever that promises the world and then some, and people are getting snowed in by all the latest miracle techniques, that they spend most of their time hunting around the net and the forums trying to keep up with what the ‘gurus’ are doing because hey after all they’re the ones that are making all the money aren’t they?
The truth is that there are some great products being released every day to help internet marketers make more money, but unless these products fit into your current plan and where you are with your business right now, you have to stamp out that urge to buy every product you lay eyes on.
For example you don’t want to spend 2 days learning how to start a SEO consulting business when you don’t even have your own highly ranked website and have no experience in SEO, do you? You would be better off spending that time learning SEO and implementing into your own website first so you know that you can successfully offer it to others.
The same goes for all the other tips and strategies that are out there that you think you should be learning, like:
Link building
Blogging
Web 2.0
Squidoo
Ppc
Affiliate marketing
Squeeze pages
Copywriting
List building
Up sells
Down sells
One Time Offers
JV’s
Product splintering
Social media
Social book marking…..
You get the point.
Don’t get me wrong all of what’s mentioned above are great methods and techniques to bring in more traffic, sales leads, customers etc but only when they are implemented into your business at the “right time”.
You better read that last sentence again.
Now to the good news!
There is a cure for “information overload” and “analysis paralysis”
I want to introduce to you my 3-step formula for a successful online business. Its not rocket science and I didn’t invent it (sorry) but im sure you’ve heard of it before and it changed my business once I took this information and acted upon it.
Traffic + Conversion Funnel + Product = Successful Online Business
I want you to print that out or write it down and put it next to your computer where you can easily see it, so next time your mind is making everything seem much harder than it actually is you can read it and get back on track.
Yes it looks simple, but it works and it’s the foundation for building a successful online business whether it be a $1000 per month niche site or a 7 figure empire. Build your business around that formula and there’s no doubt you’ll have a successful business in no time.
Owning a successful internet business really is as easy as those 3 steps above, sure there’s a whole lot more to each of the 3 steps and we could go through all the sub-steps to each one but the important thing is to not let yourself believe its harder than it actually is. Once you have a source of traffic, you can send it to your sales page, and once you’ve figured out how to convert that traffic into buyers you have a sale, and once you have a quality product that customers won’t send back to you for a refunded, you’ll have a happy customer and then you have a successful business. Now it’s just a matter of scaling it up and implementing systems to control each aspect of your business.
Think about it, it’s exactly the same as the good ol’ “bricks and mortar” businesses at your local mall.
For example, Mary has a shoe shop at the local mall, its one of the smallest shops in the complex but that doesn’t bother her because she’s positioned herself well to get the most amount of people walking past her shop (traffic). Those who come in for a new pair of shoes try a few different pairs on and eventually make a purchase based on Mary’s recommendation (conversion/sales message). Mary only sells quality shoes in her store (product) so her customers are always thrilled with their purchase and will have no hesitations in buying from her again.
See the similarities between both the online and offline business world? Is your business working as well as you would like it to be?
Is it because you’re focusing on those things that you’re not ready for yet? Are you trying to tweak sales copy on a site that has no traffic? Are you sending traffic to a poorly converting sales page? Identify where your machine is broken and work on getting it fixed, asap! Your profits will skyrocket as a result!
Let me know how you get on!
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