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Monday, March 10, 2008
Formula To Achieve Success Online.
I’m writing this article because I thought you might want to know my formula for success for my online business. This sounds very simple and yet, it might change your whole mindset. It applies when you are building your own online business. Throughout my journey to achieve success, I’ve encountered many people who struggled to achieve success online. Most of them ask me questions like, ‘how to achieve success’. Or questions like, ‘how to make more money from the internet’. What’s the formula to achieve online success? Ok, read on and I’ll reveal it. The formula is simple. When you are working, you must have in mind that ultimately what you want to achieve from your online business is this: Work less, earn more. But first, you must understand this formula in order to achieve that. Here’s the formula: Assuming you are working 8 hours a day, and you are getting X result (X can be any amount of money you are getting now.) Where most people failed to achieve success is, they try to earn X + Y (Y can be any amount of extra money you want to get) without finding a way to work less first. In another words, finding a way to work less while still getting X result. In order for you to get Y result, you should find ways to work less than 8 hours first and still be getting X result. Let’s say 6 hours. Once you able to achieve that, only then can you consider how to find ways to get Y result. In a nutshell, First step: Work 8 hours (or whatever your existing working hours are) and get X result. Second step: Find ways to work 6 hours and still get X result. Third step: Work 8 hours again but get X + Y results. Once you achieve this, your next step is to find ways on how to achieve X + Y results by working only 6 hours instead of 8 hours. Once you find that, only than you can think about getting Z result (Z can be any amount of extra money you want to have). So, repeat the whole process: First step: Work 8 hours get X + Y results. Second step: Find ways to work 6 hours and still get X + Y results. Third step: Work 8 hours again but get X + Y + Z results. Keep on repeating this process until you get the maximum results you can get (this can be A+B+C+X+Y+Z). At some stage, you’ll probably reach the optimum of getting the results and you can hardly earn more by working 8 hours a day. Once you achieve this, congratulations. Now, what you need to do is to find ways to WORK LESS but still get the same results. So at the end, you’ll be able to WORK LESS And EARN MORE. People fail to achieve online success because they don’t know or understand this simple formula and practice it! This formula stressed managing your fundamentals before engaging yourself to earn more. People failed to achieve more results because they try to earn more without learning how to maintain and work less first. So, they’ll end up working more hours each day. That’s why, you can see many people becoming more stressed when their business increases. I’ve been practicing this formula. Each day when I work, I’ll look into my existing business and find ways to reduce the work. Once I got that, only then I’ll think on how to make more money. So, each month, I’m making more money but working less or putting the same amount of time invested. This is how you can achieve success without getting more stress in life. What you should be doing now is go look at your job or business and apply this formula if you want to achieve success in the long term. Your friend, Warmest regards, Patric 'High-Speed Marketing' Chan Chief Marketing Strategist
Wednesday, March 5, 2008
A Successful Affiliate Program
Two Christmases ago I tugged on one of those paper crackers and after a small bang, out opped a piece of yellow paper the size of a credit card.
On one side was a riddle that didn't make much sense, but on the other side was an 'Inspirational Quote' that made a lot of sense.
So much so, that I still have it in my wallet.
This is what it said: "The shortest and best way to make your fortune is to let people see clearly that it is in their interests to promote yours".
I'm constantly amazed to see affiliate programs that offer 20%, or even as little as 15%, to their affiliates.
It is generally accepted that the production of any information product is only 10 percent of the whole process.
What's the other 90 per cent? Marketing!
My own affiliate program gives 50% commissions, and I wouldn't dream of offering less. After all, who makes the sale - me or the affiliate?
It may be disappointing to see 50% of your sale price going to your affiliates. But it's worth remembering this: without your affiliate, that sale simply wouldn't have occurred.
Of course, there are many other factors involved in building a successful affiliate program, but this is the first and most important: make your affiliates your equal partners, because they'll be doing 90% of the work.
On one side was a riddle that didn't make much sense, but on the other side was an 'Inspirational Quote' that made a lot of sense.
So much so, that I still have it in my wallet.
This is what it said: "The shortest and best way to make your fortune is to let people see clearly that it is in their interests to promote yours".
I'm constantly amazed to see affiliate programs that offer 20%, or even as little as 15%, to their affiliates.
It is generally accepted that the production of any information product is only 10 percent of the whole process.
What's the other 90 per cent? Marketing!
My own affiliate program gives 50% commissions, and I wouldn't dream of offering less. After all, who makes the sale - me or the affiliate?
It may be disappointing to see 50% of your sale price going to your affiliates. But it's worth remembering this: without your affiliate, that sale simply wouldn't have occurred.
Of course, there are many other factors involved in building a successful affiliate program, but this is the first and most important: make your affiliates your equal partners, because they'll be doing 90% of the work.
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