Marketing and Multiple Streams

Written by John Calder


© 2004, John Calder http://www.TheEzine.net

We've all heard ofrepparttar idea of multiple streams of income, if from no other source, then from Robert Allen's books on that topic. But what does it really mean to build multiple streams of income? What does it take, and can anyone do it? What'srepparttar 119970 process, and where should an Internet marketer start?

For many new marketers,repparttar 119971 most common obstacle in their new business is just to get started. They will usually have an idea, whether for their own product or service or to work as an affiliate. They will buy ebooks, audios, software, study hosting plans, and so on, trying to learn everything they can. The trouble is, they can on doing those things and never actually do anything. There's nothing wrong with learning from various products, and there are certainly plenty of tempting marketing info-products available. But at some point, they actually have to do something.

Perhapsrepparttar 119972 second most common obstacle, and one that is hard for even veteran marketers to deal with, is difficulty in staying focused on one project, one goal, or one product. Marketers seem to be a curious lot, and by and large are naturally drawn to different paths of earning income, different marketing techniques, and yes,repparttar 119973 latest info-product or software ofrepparttar 119974 day. Even marketers who've gotten pastrepparttar 119975 idea that one-click will make them rich still tend to fall intorepparttar 119976 habit of hopping between projects.

To truly understand what building multiples streams of income in Internet marketing is all about, let's carryrepparttar 119977 idea of to a real life analogy. Let's pretend we're farmers who need to irrigate our field so our crops will grow. These crops will both feed us, and provide us with an income since we can sell a portion of them. Nearby are several rivers, where water is plentiful. Step by step, what do we have to do?

First, we have to dig trenches in our field towardsrepparttar 119978 river, so water will flow to where it's needed. Did you noticerepparttar 119979 digging part? That means work has to come first, before anything else happens. You can buy allrepparttar 119980 manuals you want on digging trenches, you can ask others what they've done, you can study trench-gurus, and those are good things to do. Learn from experience. But inrepparttar 119981 end, no trenches will appear until you dig.

How to deal with mistakes

Written by Andre Plessis


This isrepparttar final Newsletter ofrepparttar 119969 year. I do hope you had a great year. Many of you probably wish things could have been better. May be you could have made better judgments in some occasion. I am sure that if you could seerepparttar 119970 future, you would have taken a different approach or decision.

I think it is important to realize that those little errors and misjudgments you had will help you grow and learned from them. The most important thing you need to realize is that it is almost impossible to succeed instantly in anything you undertake in life. In order to grow, we all need to learn. And you can only grow with experience and by making mistakes. When you make mistakes, (which you will inrepparttar 119971 course of your personal or business life), you analyze them, then you makerepparttar 119972 appropriate decisions to change what you did. Now you probably understand what I was saying above that it is almost impossible to grow without making mistakes and encountering obstacles. In order to grow you need to know what works and what doesn’t. As you learn from your mistakes, you rectify them and you can grow.

"I learned more fromrepparttar 119973 one restaurant that didn’t work than from allrepparttar 119974 ones that were successes."

– Wolfgang Puck, chef, restaurateur

The important thing is not to be upset but to see something positive in everything that happens to you. Rememberrepparttar 119975 proverb. Every cloud has a silver lining. Let me give you a prefect example. Atrepparttar 119976 end of my second year in business I realized that I would have done better if I had used U.S call centers instead of Indians call centers. I even consider that it had been a mistake. I asked my partner to find a U.S call center and she did through a B2B website. When I learned about such a service I thought it was so a great idea and I decided to launch a website that would offerrepparttar 119977 same service. WOW! This business is a great success and has brought my company GREAT REVENUES.

One important thing is to evaluate your situation regularly. Don’t wait tillrepparttar 119978 end ofrepparttar 119979 year to find out what you accomplished duringrepparttar 119980 year. If you do that atrepparttar 119981 end you are most likely to be unsatisfied with your yearly sales revenues.

I would suggest you to make an analysis either every week or every month. Try to set up some realistic goals and make a plan to reach your goals. By analyzing your situation periodically you are most likely to accomplish your goals rather than wait tillrepparttar 119982 end ofrepparttar 119983 year to see what you have done in regards to sales.

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