Getting Priorities Straight

Written by Lois R. Thompson


It is reported that there are over 1.5 million new people coming online each month, with only 95% of all online businesses making a profit.

I believe thatrepparttar Internet is by farrepparttar 121643 greatest gold rush in history. So, how can this be...only 5% of online businesses raking inrepparttar 121644 gold?

Arerepparttar 121645 opportunities not equal for all? does it take large financial backing? No! I believerepparttar 121646 failure ofrepparttar 121647 95% is attributed torepparttar 121648 same causes for business failure off line as well as online. In a nutshell...it'srepparttar 121649 lack in clarity of vision.

How can we be focused when we don't have a clue what it is that we are to be focused on line. Without clarity of vision there is no real purpose, and with out real purpose our priorities become confused.

Without a carefully thought out game plan, it is most unlikely for one to achieve true success. In any venture, discouragement will come. And without a game plan when discouraged does not producerepparttar 121650 Quick Riches that was so hopeful would come, one tends to give up on that venture. Then, frantically looks forrepparttar 121651 next opportunity and jumps right on in.

Before long, we are back to square one. We now have 3 or 4 newly claims staked, and none of them really producing. Depending on how much time and money we have invested, at this point, he may be tempted to sitrepparttar 121652 next race out, or even worse...drop out ofrepparttar 121653 race entirely, withrepparttar 121654 false notion that..."it does not work."

What is wrong here? We have never takenrepparttar 121655 time to lay a solid foundation. Without a solid foundation a house just cannot standrepparttar 121656 storm. So what...if it takes a year or so to pay your dues inrepparttar 121657 School of Hard Knocks? That is not much time for a life of wealth and freedom. Don't buyrepparttar 121658 hype! No one logs on torepparttar 121659 internet, signs up for a bizop, get a fancy website then sit back and become financially free.

As with anything else in life, we all must make a dedicated effort if in fact we are to reaprepparttar 121660 blessings.

The Beginning - Your Reason Now that you are ready to create a game plan for financial freedom there are some steps to be followed closely. Here's Fact. Financial freedom, becomes very elusive, unless you have a reason, and I mean are really big reason or a bunch of important reasons that drive you emotionally. If you don't have know your reason right now, you need to begin to dig deep and keep searching for that thing that drives your passion. Do you remember a time when you were really passionate in life? What what was that passion about? How would you like to have that back? Here's where you start: 1. Keep a new notebook for your training. Make it one you'd be proud to plan your life with. This notebook is going to hold a lot of important information you are going to want to refer back.

The Wealthy Have Been Doing It...So Should You

Written by Lois R. Thompson


All Wealthy People Have Multiple Streams Of Income - So Should YOU!

To build wealth, we must establish multiple streams of income or what is known as Diversification.

Today, I want to share with you one ofrepparttar most important strategies in building wealth, one that can improve your chance of online success.

It isrepparttar 121642 strategy of: DIVERSIFICATION

The dictionary meaning ofrepparttar 121643 word diversify is: to make diverse or various in form or quality; to give variety or diversity to; finance, to buy (securities) in varied businesses or industry. In other words, don't put all your eggs in one basket.

Have you heard of a Diversified portfolio? This is where someone's portfolio is made up on many types of assets/ investments. For example, that portfolio may be made up of stocks, bonds, gold, silver, and real estate. In this example shouldrepparttar 121644 stock market take a nose dive, which it has been known to do,repparttar 121645 investor in this example possibly taking a great loss from that downward slide would not be left in a state of bankruptcy from having hadrepparttar 121646 bottom fall out. Most likely their bonds and gold would still be maintaining a high value.

There is a proverb which says: "to everything underrepparttar 121647 sun, there is a season......a time to be up and a time to be down". A time will come when a particular venture will take a down turn. If you have diversified your income, thenrepparttar 121648 bottom will not fall out for you when one income stream takes a nose dive.

This can easily be related torepparttar 121649 "job" environment. It is now common place to hear of major corporations forcing employees into layoffs or early retirement. Why? because they have re-organized and now must boost their profits. So, what does this do to you that faithful employee of 15 or 20 years? You guessed it. That source of your income is Gone! What then?

When your income is Diversified into multiple income streams, and there comes a down turn you are not wiped out financially. There would still be a productive income streams.

How can you apply Diversification to your current business?

* Offer your customers and prospects more choices.

By offering more choices to your customers and prospects. In so doing you are offering more opportunities to purchase from you, and giving them more options, which makes them more likely to purchase multiple items, and return to your site more frequently. For you this increasingrepparttar 121650 average amount of profit per order, and increased traffic. This also offers yourepparttar 121651 ability to easily Duplicate your efforts.

An example of this would be: You have a website currently selling an Affiliate reports...'How To Make Money Online', do you suppose you would provide a better quality of service to your customer and prospects, if in addition to your report, you also provided other Affiliate reports relevant to their success in marketingrepparttar 121652 'Making Money Online' report? Sure you would. Do you think your customers would be more satisfied and your income would be greatly increased? You bet!

It would also openrepparttar 121653 opportunity for your satisfied customers to spreadrepparttar 121654 word. Word of mouth advertising is still by farrepparttar 121655 best. It carries with it a built in testimonial.

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