Mike Serovey - Business

This is Mike Serovey Enterprises' blog. YOU will find articles related to running a small or home-based business here as well as some of the personal thoughts and experiences of Mike Serovey as he builds his own business by helping others to build their businesses.

Sunday, May 08, 2005

How To Plan For Success by John Colanzi

Here is another article that was priviously published at http://www.mikeseroveyenterprises.com.

How To Plan For Success 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.

They don't take the time to put together their battle plan. Theyknow where they want to go, but they never sit down and map outhow they're going to get there.

They're like ships without a crew. They're tossed to and fro andhave 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 possibleoccurrences, you must be prepared to last through the slow times,and be just as prepared to capitalize on the times when itappears you can do no wrong.

The first step on your march to the flag is to decide who youare. 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 betruly successful until you've first made an inventory ofyour-self. You can study all the "How-To's" and you mayeven 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 andweaknesses, the next step is to determine how much money you havefor your war chest.

Only use money you can afford to lose. As any professional traderor championship gambler will tell you, "Scared money neverwins!"

Don't mortgage your house or max-out your credit cards becauseyou'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 willbe much clearer and when your testing finally hits on a winningformula you'll be ready to capitalize.

When you've got your winning formula, you should pyramid yourprofits to expand your business. A minimum of 50% of your profitsshould go back into your business in the first 6 months.

If you're only using money you can live comfortably without, youshould place 100% back into marketing, you'll have plenty of timeto 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 playersstudy strategies from the old masters, you must begin your ownmanual.

Don't rely on your memory!!

In your manual keep every advertising campaign you've waged. Beas 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 yourbusiness. If your business is based on profits, the best way toinsure profits is the same way you'd carve an elephant out ofgranite.

"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 ofaccumulating profits.

Put some thought and effort into your plan and you'll be a stepahead of the competition.



Wishing You Success,
John Colanzi
http://hop.clickbank.net/?annafan196/johncolanz

****************************************
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-269

****************************************

0 Comments:

Post a Comment

<< Home