Wednesday, 30 January 2019
Learning is the beginning of wealth
"If you are not willing to learn, no one can help you!
If you are determined to learn, no one can STOP you"
--Zig Ziglar
Take a look at almost anyone who is making money online and almost all of them are compulsive experimenters. They are people who research, read, play around with ideas, and break things until they work. They are not afraid to take calculated risks.
One of the most important things that happened to me during this time was learning the importance of tinkering.
If you are thinking about starting a blog or online business because you want to make a bit of extra income I think one of the most important things you can do is start tinkering around and learning as early as possible.
Don’t wait for everything to be perfect because it never will be. It’s so important to recognize that many of the knowledge that you get about running a business comes from actually running a business. Unfortunately, you don't succeed in business just by completing a list of tasks. Nor will your business be a success just because you think it's a good idea
Know yourself, your true motivational level, the amount of money you can risk, and what you're willing to do to be successful. Sure, we all want to make millions of dollars. But what are you willing to give up to reach that goal? How many hours a week will you work on an ongoing basis? How far out of your comfort zone are you willing to stretch? How far will your family stretch with you? To be successful, keep your business plans in line with your personal and family goals and resources.
Choose the right business for you. The old formula – find a need and fill it – still works. It will always work. The key to success is finding needs that you can fill, that you want to fill, and that will produce enough income to build a profitable business.
Be sure there really is a market for what you want to sell.
Embrace Digital Marketing. Even if you’re running a local business, you need a comprehensive digital presence. At minimum you need a professional-looking website, an email list that lets you communicate with customers and prospects on a regular basis, and presence on the social media channels that your customers frequent. While you may get many of your customers by word of mouth, referrals or networking, you still need a strong digital presence. The reason: prospective customers are likely to look you up on the web before they decide whether or not to contact you. Coupons, special offers, and practical information sent to your email list can encourage customers and prospects to buy from you or make repeat purchases.Never stop learning and trying new things. What's profitable now, won't necessarily be profitable next year or 10 years from now. So, don't let yourself fall into the "this is the way I've always done things" rut. Keep your eyes and ears open for new things. Are there newer or better ways to market your products and services? Are customers asking for something you're not offering? Is there a different type of customer you should be targeting? Get answers by reading everything you can about your industry and listening to your customers.
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