95%!
Why is that so high?
The answer is - because for most - an Internet Business is the first time they will have worked for themselves.
Now - there is NOTHING wrong with this - in fact it is to be applauded that many have the entrepreneurial bug......but it does mean the majority enter this business needing to learn some new skills first.
Most online - at one time or another - believe that just HAVING a product - means they are in business (this is not helped by so many so-called gurus who scream from the roof top how easy it is to make money online...)
Now please don't berate yourself if you once thought this - I did when I began! (in 2008)
But I have to tell you......a product is not a business.
There are a ton of people with great products - making no money. And let me add to this. A website is also not a business - again - there are millions of websites making nothing. So if a product is not a business - and a website is not a business - what IS a business?
The answer?
Customers.
Every successful business is in the SAME business... ...and that is the business of improving their customers lives. -- Chris Farrell & William Street
Robert Kiyosaki once said
'The rich build networks, everyone else looks for work.'
Look at all the really successful online ventures - Twitter - Facebook - Linked In....
They have all built networks.
Look in the offline world. Sprint - TV networks - Ralphs... Call it a database - customers - list...it really doesn't matter.They have built networks.
Those that are successful - in ANY industry - have an INSTANT SOURCE of customers - that they have collected over time. And 80% of your income - will come from the SAME 20% of your customers.
THE SAME 20%!
The very best thing you can do right now - is stop trying to sell something - and build your own list. Just 40 people buying a $27 product from you - is over $1000/month. Imagine getting 80 people. 100. 200. 500... How do you build a list?
Easy You choose a profitable market - and then offer something of value for free. Free used to be a gimic - now it's a fully fledged economy.
Why is this?
Because there is no money in the front end any more. 10 years ago maybe - but certainly not now. It's all in the back end. We build our list first - by offering something of
value for free. Every successful business is in the SAME business.......and that is the business of improving their customers lives.
You need to adopt a greater passion for what you are GIVING (your free gift) - than what you are receiving ($$$). Stop asking yourself 'How can I make more money' - and start asking yourself
'How can I help?
How can I serve?
How can I solve?'
Every successful businesses understands this. It's not what you sell - it's what you stand for.
If you spent the next three months doing nothing more than building your list - that would be time very well spent.
Sincere Regards
William Street & Chris Farrell
How Big is Your List ?
Massive Email Lists = Massive Email Profits
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About the Author:
William Street is the owner of http://www.MyMoneyMiracleShop.com and http://www.WorldProfitUK.com reviews popular home business ideas and opportunities. William's most popular home business recommendation is Chris Farrell"s Membership
site at http://www.MyMoneyMakingMiracle.com where you can get your own money-making website setup in 24 hours!
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