Building a successful Internet business is far from easy but the solution is well known. There is a success formula which works for most things in life. This proven success formula is no secret, but far from everyone is prepared to adopt it. Many think that the price is too high.
So what is this proven success formula? It can be summarized into three steps.
1. Set a goal, it has to be a big, exciting goal
2. Define a detailed plan how to achieve your goal
3. Every day, work on getting closer to your goal
A lot of people say that this just common sense. And yes, it is common sense, it is no magic secret which make you a success overnight. One reason that a lot of people don’t adopt the success formula is that it requires a lot of hard work. If you want to achieve something big, you’d better be prepared to work hard. If you want to become successful effortlessly, then you are out of luck. Success is not an accident or pure luck, on the contrary, without hard work and perseverance your chances of success are slim. Hard work does not guarantee success but without hard work, achieving big goals becomes very difficult to achieve.
Your goal has to be big enough to get you out of the bed in the morning, enthusiastic about the chance of getting a little bit closer to your goal. Note that you should only have one big goal at any time. Trying to achieve too many things at the same time means that your time for each goal will be limited. Generally, the outcome will be that nothing gets achieved. Over time, you can achieve a lot of big goals but one at a time is the way to go. You have probably already heard that the goal should be SMART (Specific, Measurable, Attainable, Realistic and Time-bound).
Just saying that you want to be rich or have a successful Internet business is not specific enough. You need to set specific goals, such as: In 5 years I will have an Internet business that has generated $1,000,000 in profit. If you don’t have an Internet business at the moment, such a goal may not be realistic. You should in that case set sub goals, for example, within 2 years having an Internet business that is generating a profit of $10,000 a month.
Defining a detailed plan is often the most difficult step. If you just had a plan which is known to work that tells you what you need to do every day in order to achieve your goal, most people would achieve their goals. But in order to be able to define such a detailed plan, it is almost a prerequisite that you have already achieved the goal. This Catch-22 is best solved by finding someone who has already achieved what you are trying to do and ask him/her for advice.
The word “detailed” is very important. Preferably the plan should be so detailed that you know exactly what you need to do every day, all the way from the start until the end. If possible, it should also be possible to estimate how far away you are from your goal.
Once you have a detailed plan, the rest is just a question of hard work and perseverance. You just keep on following your plan until you have achieved your goal. Unfortunately, this is generally much tougher than it sounds. First, is your plan really the right plan? Are you working hard but not moving in the right direction? Even if you work hard, setbacks are likely to happen. It is important to understand that big goals can’t be achieved without suffering setbacks. Often, plenty of setbacks will come your way. A lot of people give up after a few setbacks. You need to be strong enough to overcome setbacks.
Even the best laid plans can turn out to be wrong. Sometimes you simply have to change your plan. On the other hand, if you keep on changing your plan too often, you may end up running around in circles. Once again, the best way forward is typically asking the right people for advice.
So how can you apply the proven success formula to Internet business? First, set your goal, for example: having an Internet Business that generates a profit of $100,000 per month. One could think that finding such a plan should be easy. Unfortunately, there are plenty of people who are more than happy to help you. You just pay them a few thousands and they will tell you a secret way or give you some magic software which will turn you into a multi-millionaire. Unfortunately, most people learn the hard way that secret solutions and magic software don’t work. But scammers are still using those phrases. Remember, if something sounds too good to be true, it probably is.
One common scam is coaching or mentoring. A well known guru, often a self-proclaimed guru, offers mentoring for a few thousands. Obviously, if you can get coached by someone who has achieved what you want to achieve, your chances of success are very good. On the other hand, it can turn out that the mentoring is done by someone who knows nothing about neither mentoring, nor Internet business. Such things are just a waste of money and time. Unfortunately, it is a quite common scam, so before you pay for mentoring, make sure that you get direct access to the person who has achieved your goals, not to someone they have grabbed from the street.
Once you have your plan, you simply work the plan. But remember that Internet marketing can change quickly, so be prepared to change whatever that doesn’t work.