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How To Plan Your Business For Success
(c) by John Colanzi
Marketers come online and they're in such a hurry
to make money, they neglect one of the most essential
ingredients to success.
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They don't take the time to put together their battle
plan. They know where they want to go, but they never
sit down and map out how they're going to get there.
They're like ships without a crew. They're tossed to
and fro and have no idea why.
If you're serious about your business, you need a
plan.
Your business should be planned like a well thought
out battle. If you haven't got your plan in place
you'll suffer casualties.
You won't suffer loss of life, but you will suffer
losses of:
* Money
* Time
* Opportunity
Just as the well honed warrior prepares for all
possible occurrences, you must be prepared to last
through the slow times, and be just as prepared to
capitalize on the times when it appears you can do no
wrong.
The first step on your march to the flag is to decide
who you are. In the immortal words of Shakespeare,
"In brief sir, study that which you most
affect".
Know your strengths and know your weaknesses. You'll
never be truly successful until you've first made an
inventory of your-self. You can study all the
"How-To's" and you may even make money, but
to be truly be successful you must have your
"Why-To's" in place.
Once you've decided who you are and listed your
strengths and weaknesses, the next step is to
determine how much money you have for your war chest.
Only use money you can afford to lose. As any
professional trader or championship gambler will tell
you, "Scared money never wins!"
Don't mortgage your house or max-out your credit cards
because you've got the million dollar sure-fire
winner.
You'll be so busy worrying, you won't be able to think
clearly.
Take money you won't miss and test-test-test. Your
thinking will be much clearer and when your testing
finally hits on a winning formula you'll be ready to
capitalize.
When you've got your winning formula, you should
pyramid your profits to expand your business. A
minimum of 50% of your profits should go back into
your business in the first 6 months.
If you're only using money you can live comfortably
without, you should place 100% back into marketing,
you'll have plenty of time to enjoy the fruits of your
labors!
The final step in your battle plan is to keep a log
book.
Just as generals study battles from the past and chess
players study strategies from the old masters, you
must begin your own manual.
Don't rely on your memory!!
In your manual keep every advertising campaign you've
waged. Be as detailed as possible. List what has
worked and what hasn't.
Key your ads to determine where your profits are
coming from.
Test media used, actual ads and sells letters, etc.
Sculpt your business. If your business is based on
profits, the best way to insure profits is the same
way you'd carve an elephant out of granite.
"Remove everything that's not an elephant!"
In your business remove everything that isn't
profitable.
Be ruthless with that chisel.
Don't marry any method of promotion, or any one
opportunity.
If you do you'll spend time chasing losses, instead of
accumulating profits.
Put some thought and effort into your plan and you'll
be a step ahead of the competition.
Wishing You Success,
John Colanzi
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Here for details
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Copyright (c) John Colanzi.
John Colanzi uses the Plug-In Profit Site
to earn multiple streams of income from
home on the Internet. What about you?... http://www.pluginprofitsite.com/main-8253
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Related Topics:
Creating a Business Plan
Your excited. You have a great idea for a profitable online business. Maybe it is an original idea that has
not been marketed online before. Maybe you have come
up with a new spin on the ordinary. Whatever it is that has influenced you to start your online business,
be sure that you have a plan before you begin. This is not the time to “pick it up as you go”. These are some
basic things that should be included in your business plan.
How To Prepare A
Home Business Plan
- That Guarantees Big Profits. Success in business comes as a result of planning online or offline. You have to have a detailed, written plan that shows what the ultimate goal is, the reason for the goal, and each milestone that must be passed in order to reach your goal.
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