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Further
Reading ...
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Basic Home Loan Terms Explained - Ethan Hunter
The wonderful world of home buying can sometimes overwhelm the first time homebuyer. They are inundated with information riddled with terms of art. ARMS, points, interest rates, good faith estimates, pay-downs, lock-in dates, so on and so forth. ...
How to Get the Best Price for Your House - Richard Massey
The best price to sell your home is always determined by how you compare against your competition, the house down the street. If your property looks better than the next guy’s the customer will buy yours. It all comes down to image, making sure...
Coaching Costs - Chris Malta
"Coaching Costs" Why does Internet Business Coaching cost so much? If you don't know what Internet Business Coaching is, you will soon enough. These companies are becoming more and more visible on the Internet scene every day. What they do is...
How to Turn Your Customers Into Evangelists - Martin Avis
When we talk about customer loyalty, it usually means the customer being loyal to the company. That should be a great result to aim for, but it isn't the beginning of the story. Real customer loyalty comes from you being loyal to your customers. ...
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Automate, Automate, Automate
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Written By:
Richard Grady
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The key to running a successful and efficient online business is to automate as much of your work as possible:
Automate your order-taking process...
Automate your payment methods (credit card/Paypal etc)...
Automate as much of your delivery process as possible - eg. automatic printing of shipping labels and invoice/order details...
Automate your subscriber list sign-up...
Automate your 'help' and 'faq' systems - use email 'autoresponders' to answer common queries...
Automate EVERYTHING you possibly can...
If there isn't a software program available to do a certain task, get someone to write it - this is not as expensive as you might think. I recently hired a programmer to write a simple script to automate part of my credit card processing routine. It was a custom script and the cost was just $45.00! Check out sites such as like www.elance.com and www.scriptlance.com if you need help finding a programmer.
The more of your tasks that are dealt with automatically, the more time you will have.
And what should you be doing with that time?
Well, its up to you, but my advice is spend it developing new products and websites - it is much better to have 5 websites bringing in $500 a month each, than one site bringing in $2500. With more sites, your risk is spread so if for any reason sales dry up on one site, it is not the end of the world (however, if that is your only site, it may well be!)
How many other industries allow you to build a business and then leave 70% or even 90% of that business running on 'autopilot'?
I know what I am talking about - my online businesses bring in over six figures a year, yet I can deal with the maintenance of all of my sites in less than an hour a day and this is simply because most tasks are automated. The only - continued below ...
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continued ...
time I need to 'get involved' in a transaction is if something goes wrong - and hey, it's a computer so this does happen from time to time :-)
Now, despite the above, I actually work anything from 10 - 15 hours a day, most days and 90% of that time is spent developing new products and websites.
Let me share a simple formula for online success with you:
- Develop product
- Develop website
- Automate as much as possible
- Market website/product
- Maintain website and go back to step 1 and repeat
It takes time and it is hard work, but the rewards are excellent. The Internet is probably the only chance you will have to run multiple businesses at once and still be able to take huge chunks of time 'off' whenever you want.
Don't fall into the trap of starting to do the day to day tasks manually - you might be able to handle the workload with 100 visitors to your website each day, but when the hits start rising you will have problems. It is much easier to automate everything from the start than to try and implement systems on a website that is up and running (and generating several hours of work each day).
And of course, there is nothing like waking up in the morning to find that your website has generated sales while you were sleeping - this is a reality and happens everyday to millions of online entrepreneurs around the world - why not you?
Copyright 2004 Richard Grady
Richard Grady has been helping people earn online since 1998. Find out more about Richard at: http://www.thetraderonline.com Free wholesale search engines: UK- http://www.wholesale118.co.uk and US http://www.thewholesaletrader.com.
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| _Additional Resources ... |
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A Business Guide For The Very New Internet Entrepreneur - Francisco Aloy
Did you recently buy your first computer and just started surfing the Net? Isn't it fun? All the new websites and places to go, sights to see! Have you ever wondered if you can make money with your newfound toy? I think that thought is...
How Do I Justify This! - Pat Redmond
People buy for emotional reasons and justify their decisions with whatever logic they can find or create, no matter how ridiculous. -Joe Vitale So you want to buy an airplane! What's stopping you? Perhaps I can list a few things: 1. My spouse...
Absolute Beginners (Part 1) - How to get off to a good start with your home based business - Elaine Currie BA Hons
Once you have made the decision to work from home, you should spend some time in planning and preparation. Having decided that an internet home business is the right thing for you to take up, the decision needs to be made as to what type of home...
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