The Future Of Business – Making Money Slow. What do I mean by this, keep it simple. Most who tackle the online world of making money think in terms of getting rich quick, I would suggest you make money slow. Also, make your money goals achievable, trying to make a million in year one is not realistic. The future of business is about building, it takes time to build something bigger than yourself, start small and start building with the end in mind.
I get asked all the time, how do I make money online? In many ways, it’s not much different than offline, solve a problem, fill a need, provide awesome service, and be honest. Building trust offline is easier than building it online, mostly because it’s easier to hide.
When I started making money online (2007) I started with something I was interested in, something I could manage alone, and knew people need my service. I started with a private webhosting company, I serve clients and friends, it’s grown away from that model, but it’s still a size I can manage on my own. But I started with one question…do you know what it might be?
I asked myself how much I wanted to make per year from my webhosting, just using simple math, I did this:
$30,000 ÷ 365 days per year = $82.19 per day
That number is not only reasonable but achievable, that’s 7 days per week. Keep in mind, this is online hours not traditional business hours. You may have loftier goals, but I felt starting with something achievable was a better goal. It wasn’t about how fast or much, it was a building block, and then I would add another building block.
If you only want to work Monday – Friday, break the math out again:
$30,000 ÷ 312 days per year = $96.15 per day
It takes time and persistence, most people don’t want to wait, making money slow is better for a couple reasons. One, it’s easy to manage, and number two, it pays for itself rather than taking money from your household budget. In other words, I didn’t use my own money, the clients covered costs out of the gate. I still build business that way today.
I share this with you for one reason only, to help you stop making ridiculous goals. Don’t worry, if you stay the course and make money slow, your bigger dream and goals will most likely take care of themselves. It still comes down to simple math, providing incredible service, having a product or service people need, and then provide them with unbelievable support.
The old saying of “Keep It Simple” comes to mind, I once heard some say it differently, “Keep it simple, because simple is hard enough”. I hope this helps when you feel overwelmed, especially when you aren’t meeting your financial goals. This method may seem over simplified, but it works for me, it keeps me from getting out of balance, small moves are easier to overcome when they don’t work out, and sometimes that means investing smaller amounts of money. I always ask myself two questions before spending money or starting something new, what’s the worst thing that could happen, and could I survive it? If the answer is yes, I move forward, if it’s no, wait.
That to me is The Future Of Business – Making Money Slow.
I thought I would post a little something on this event, I’ll be speaking and sharing on the Future of Business Online, The Open & Free Business Model. This event requires you contact the event organizer to attend, as of this writing there are only 4 spots left, so if your even a little bit curious, contact Glenn Hilton right now! He is on Twitter as well: @glennhilton
These fine professionals gather on the 1st Tuesday of every month where they bring in a speaker and then (my favorite part) a long Q & A session. They also do a neat thing called a Lightening Round, this is where you can pitch new things you’re learning, questions and challenges you might be facing, you could present new tools or technologies that make your job more efficient. You need to be a part of this group if you’re serious about your business, a fine group of people.
Groups that meet regularly should be helping each member improve, help increase business, learn, and support one another. How many times have you joined a group only to find out it was a bitching session and nothing of real value came out of it. Well, I can tell you this group is NOT one of those groups. In my opinion, these professionals like to solve problems, help one another, lift one another up, and just for fun, they love to eat!
The Vancouver Social Media Group is meeting at the Water Street Cafe in Gastown (Vancouver), so that speaks for itself don’t you think, a classy group already me thinks. They ask you to come prepared to order something, so get ready for a fun evening. The MeetUp will start at 7PM and run till 9PM, unless I go long : )
Again, there are only 4 spots left, if you wish to be with true professionals, then contact Glenn Hilton before you do anything else. Who is Glenn? Glenn owns ImageX Media, an award winning Drupal web design, development & consulting firm. Glenn oversees HR, creative direction and Social media Marketing.
Visit they’re website at: http://imagexmedia.com
See you there!
You’ll notice I haven’t written lately, not because I don’t want to but because I have been spending time with people offline. I’ve learned in my 51+ years that you will never get or reach your dreams without others helping you long the way. That means spending time with those who have invested in you, they may have walked through dark times with you, they may have rode the storm out with you. I have been connecting and reconnecting with a few of those friends that I haven’t seen for some time.
I have also learned that it takes work to build relationships, it takes time too. Spending all your time online can get you disconnected with those who aren’t here with you, they don’t spend the same time or have the same interest in the online world. Try to connect offline too, I love seeing a pair of eyeballs and getting the body language, people are so special when they express themselves and you can see the passion let alone hear it. Sometimes, OK many times things get lost in translation because you can’t see or hear TEXT, too much room for bad interpretation.
Today I had lunch with a friend I haven’t seen in three years, we used to work together, I left the organization and got busy, too busy in fact that I forgot to stay connected offline too. I had a great time, it was not only special but energizing, I got to listen to what he wants to do and I got share what I have been doing here online with you. He is going to some great things, online too, and if I’m lucky I’ll get to be a part of his work.
Relationships are just as much hard work here online as they are offline, they take commitment, patience and love. Are you connecting offline, are you giving people the best you have to give that aren’t here online? Social Media is about relationships in much the same way as they are when you aren’t on FaceBook, Twitter and what have you. Balance is important.
Don’t forget to connect offline too!
I recently signed up at Twitter, so what you say! Most of my experiences on the Internet have been ho-hum for the most part but sometimes I’m entrigued by little things. I put up a Blog some time ago, no marketing no nothing really, I just started writing. I’m currently in between gig’s so to speak and have some time on my hands. I don’t have a business or a plan for that matter but I have been tinkering with the idea. One of the tinkers is registering with Twitter and finding a few people I already know to follow.
One thing leads to another, I get published at Ezinearticles, fine tuned my Blog for low level SEO, posted that I am writing an eBook and visited one interesting website and next thing I knew 30+ people started to follow me on Twitter. Again, so what you say!
Now I have registered with other Social networking tools before and frankly no one came to my Blog unless I personally told them to, putting the link up in various services really didn’t do much good. Until Twitter. Now I realize content matters, who wants to read about my rants on stuff your not interested in, but that’s my point, I write because I like to and I’m not really trying to get traffic. Not on purpose anyway. Having said that, did I mention I was in between gigs? I should try to get traffic and try to earn a living online shouldn’t I? So why am I so hesitant, could it be I just don’t trust Internet Marketer’s telling me how to get rich online? Yep!
Now the tool that has been the most fun to use for me on Twitter is TweetDeck, it takes the pain of having to go to my Twitter homepage to see what’s going on and to post my updates. Well Done! So the problem now is I can’t seem to walk away from Twitter, why? It’s addicting!
Like everything else I’ll get over it because I get bored easily, I’ll find something new to play with and I’ll get fired up and post about it. That’s the best part about Blogging and having your own Blog. Hmmmm, is a Blog a tool or an Addiction, YES!
This past week I have attended a number of webinars and joined mailing lists as part of on going need to figure out what is it that makes the term Internet Marketer demand so much respect. I recognize that 90% of the Internet Marketers may fall under the term Internet Scammer, not because they are bad people but because they are merely following some elses way of doing things because it worked for them. I’m a bit old school in that, nothing comes without hard work and persistance, and they preach the same thing but with a spin.
I guess I’m bothered by the fact that almost every Internet Marketer has narrowed down the delivery to a point where I no longer trust it. If I got a nickel for every landing page that looks the same I wouldn’t have to work for a living…hang on I don’t! That’s another story for another time and I am looking. I’ll bet the landing page is the same for well over 95% of those who call themselves Internet Marketers, why? Because they say it works.
To be completely honest I’m more interested in the motives, why are they doing what they are doing, I know make money. But there has to be a deeper motivator, doesn’t there? What’s the real reason for being an Internet Marketer, what’s the WHY I AM I DOING THIS? I want to know I can trust you, I want to know there is a greater good to making the kind of money you claim to make.
If you did a search on Google for Internet Marketing you would find the results around 89 million related links on the topic, if you searched for How to Make Money Online you would find over 30 Million related links. If you changed it to say Make Money Online the results jump to over 40 million, then the big one, Get Rich Online, it has over 253 Million results. I wonder, if you were to click on every one of those links how many of them would look the same and or claim the same things? That’s alot of opportunity, that’s a lot of problem solving, they all want your money and they all say they have the answer to your problem, but do they?
Why do so many follow Internet Marketers? The need is money of course. The problem I have found is that many of these Internet Marketers are selling the easy road, you don’t need this and that and you don’t have to sell! Prosperity teaching is not a good theology to live by, as I mentioned earlier, nothing comes without hard work and persistance. Therefore, being sold on how little you have to do should be a red flag shouldn’t it? It’s too good to be true and so on.
So what to do, who do you follow, how do you know who to trust without losing your shirt buying report after report on how to get rich online? I watched a video clip of three guy’s sit and talk about how they made money doing this and that without really telling how they did it, of course they want you to buy something thats why. My struggle with these fellows wasn’t that they figured out how to make money but it was there attitude, they laughed at how easy it was to make all this money. It was like they finally ripped off the man, the problem is they didn’t, they ripped you and me off.They took our money for something we believed was valueable. Ok, good for you, now what? What are you going to do with all that money? Are you going to make a difference in the world, feed the poor, clothe those living on the street? The list is endless. I have only heard of a couple gentlemen who are using they’re Internet Marketing business to do missionary work, to make a difference, now that tells me just maybe the motive is right, but is it? How do we find out? How we find out is another topic to cover at a later date.
I’m not a highly suspicious person but I do smell crap easily and I can tell when something is rotten in Denmark. I’m no scholar and I’m definetly not an English major ( you can tell by my writing). If the goal is to make money and lots of it, and your not going to use the money to help those in need, why are you doing it? What’s the point of all this money making?
I would suggest to you that knowing the why is where to start, check your motives, why do you feel the way you feel about what you are going to do. It’s taken me a lifetime to figure what I’m truly passionate about, why I write, why I share and why I care about those around me so much. Including you. I’m not crying sour grapes because I spent so much time and money trying to duplicate someones Internet Marketing business model and failed. No, I have two passions that drive me, one is sending a messsage about the advancements of technology and how you will be impacted by it and to help you realize that you can make a difference, you are special, you can be and do better than you are. And that means asking the tough question of why, why become an Internet Marketer, why do you do what you do, what is the reason you spend your time and your money the way you do.
I know some Internet Marketers will take offence to this post and you may believe your motives are right, and that may be true, I would love to hear about the great things you’re doing in your community with the money you make from your business. I would love to hear what makes you unique, what makes you different and what you are passionate about. I am merely suggesting that the majority of Internet Marketers don’t give a minutes thought to how they could make a difference in a world that is suffering. They believe that making money from you so you can do the same to someone else is a noble thing to do even it doesn’t help you. I can only hope you will be different, I can only hope your motives are right and you truly want to help those around you.
So I ask you, are you an Internet Marketer or an Internet Scammer? Do you give or do you only take?
How many people are better off because you lived, not for how much money you made or what you have materially, but because you got involved in someones life and made a difference. After all, in the end, you can’t take it with you.