Mal Keenan’s Internet Marketing Resource Site

You WILL Fail to Achive Your Internet Marketing Goals if You Do Not Formulate a Plan

I just received an email from a downline member who I can tell is extremely enthused about beginning their new home business.

This is great to see and I sincerely hope that her energy and excitement continues and that she achieves her dreams and goals.

I have absolutely NO DOUBT that anyone who sets their minds to achieving a full-time income online can do it - IF they set out a plan and follow it persistently for as long as it takes.

The lady who emailed me has a husband and young son. I can tell that she wants the best for them. That ‘best’ includes the dream of being able to work entirely from home and even take her laptop on the road, earning while she spends quality time with her family. Again, this is an achievable dream and she will get there if she takes on board some simple ideas…

Now, let me try to help those of you thinking of starting an internet business get the jist of these ’simple ideas’ -

The VAST majority of newcomers online fail because they fail to plan out their business and come with unrealistic expectations. They want everything too soon. They read the HYPE and BS online and believe what they read.

Do you know that I started earning a few dollars per month online in 1998 and wasn’t able to give up my offline job until 2004? I also spent $1000s in the process. I maxed out more than one credit card but I was so convinced that I could mkae a living online that I refused to give up.

This isn’t only my story but the story of countless other internet marketers - many of whom are now making a fortune online today.

The ones who are still in the dayjob - probably telling others that the net is full of scams - are the ones who decided to give up and didn’t formulate a plan.

One of the programs I promote for newbies is Stone Evans Plugin Profit system. This is a great program to learn this business. It sets everything up for you and there is excellent online support. It’s only a start though. You are given a business in YOUR hands. Now what?

This program also has the potential to break your credit card and YOU - if you don’t work your plan.

You see, Stone Evans - like all great affiliate marketers - will followup with emails after you join his program, encouraging you to signup for other products and services. This is what internet marketers do. They upsell other stuff once they get you on board. This goes for free programs or those you have to pay for.

Why do you think there are so many free offers online. You think it’s because internet marketers are just sweet guys and gals who want to give away their products? Yeah and the tooth fairy will leave money under your pillow everynight too if you just keep pulling those teeth out.

THERE IS NOTHING WRONG WITH UPSELLING! It is not illegal nor unethical to send further offers to prospects or customers. It’s just business to these guys! I do it myself!

It is your job as a person with a plan to resist buying everything you are offered. I write this because the most common complaint I see in my inbox and on online forums is that eager newcomers have spent $1000s and have nothing to show for it.

Do you have a budget? This is a BIG part of your plan. Let’s say you set aside $100 or $200 every month to buy products and services to grow your online business. You MUST promise yourself NOT to go over this budget. Your budget may be more or less, you decide.

If you determine an affordable budget and keep making positive progress every month then you CANNOT fail.

Now let’s say you set a budget of $100 and end of spending $500. What do you think is gonna happen? Well, first of all you are going to be extremely pissed off at yourself and maybe your spouse will be too. If you have used a credit card then you can add some interest(On the $500) that is going to have to be deducted from next months budget.

Secondly, you are going to start to get discouraged. You will start telling yourself that this business isn’t for you. Or worse, you will get bitter at those who sold you the product or service, failing to see that YOU made the decision to go over budget.

Before long you will have made so many excuses to yourself that you will just pack it in one day.

If you have set an affordable amount that you can comfortably spend every month then you can go on forever and maybe even have some fun doing so. At some stage you will earn more than the budget you have set and so can plough some of your profits back into your business.

You will also see that your marketing resources grow through time too and so give you a better chance to achieve your financial goals.

SET YOUR MONTHLY BUDGET AND STICK TO IT!

Another part of your plan should be setting a time to devote to your business. It is especially evident in newcomers that they want to know everything at once. I was this way myself so I know how it is.

If you spend 18 hours per day online everyday trying to digest everything that comes into your email inbox, then you will end up with nothing but confusion and a sore head . If you have been oline for a while and have tried too hard at the beginning then you will know what I’m talking about.

Take it easy! In time you will learn exactly how internet marketing works and may even have a few great ideas of your own to grow your business. So, when you find yourself getting frustrated - reach for the ‘off’ button or close over that laptop.

Set a reasonable amount of time to spend online daily - especially if you have a family.

Once you have planned your time and money carefully and according to your situation then the rest is in the details.

What should you spend your time and money on? There is a ebook or two in answering that question - the web is full of them - but you can find 100s of resources, articles and ideas throughout this and my other sites.

I also suggest you find someone you can trust - a mentor - and follow their lead. There are many reputable internet marketers online who cut through all the BS and tell it like it is. One thing about finding a mentor - if you are going to want their personal attention then it will cost you. Time IS money. It’s much cheaper to read what they have written and/or scrutinize their work.

No matter who you find though - should they be a marketing genius and give you their flawless plan of action - the determining factor in your success or failure will be YOU and YOUR plan.

Tags: internet marketing plan, internet marketing budget, business plan, affiliate marketing strategy, affiliate marketing plan, time management

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This entry was posted on Sunday, August 5th, 2007 at 4:13 pm and is filed under , , , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.