September 3, 2009
The Risks of Standing Out... Take Small Victories and Turn
Them into Huge Triumphs... Upsell to Change "Free" into
Profits... How to Turn Boring Information into Business
Success... and More.
** The Risks of Standing Out
By Adrian Newman, Founder of e-Wealth Daily
It's no secret that, in order to take your business to greater
levels of success, you have to stand out from your competition
and provide a product or service that is unique and remarkable.
And when you decide to stick your neck on the line and offer
something completely new or different, you are going to get
into a risky position that could make or break your business.
In the marketing book "Purple Cow," author and entrepreneur
Seth Godin offers up the advice that "safe is risky." What he is
talking about is that most businesses that play it safe by
following the well-trodden paths of product innovators will
rarely achieve great success. They may ride on the coattails of
the innovators for a while, but in the end they will most likely
never reach the benchmark of success set by the market
leaders.
In fact, by playing it safe, Godin goes on to say, these
businesses could even be "invisible" to the market they are
trying to reach and, in turn, fail completely.
No matter how big or small your business venture is, you, too,
can take the path to success that involves some risk that could
really attract the attention you want from potential customers.
But it is important to remember that a business risk isn't just a
shot in the dark. You want to know your limits and calculate
your risks just in case your breakthrough approach doesn't fully
work out.
A risk that could really pay off is taking the time and effort to
carve out a specific niche that only your business can fill for
the market you are trying to reach. This doesn't mean you have
to be completely different, original, or brand new. Even the
smallest difference can prove to be enough to attract the
attention you want.
When it comes to the risks you don't want to take, there are a
few mistakes you don't want learn from the hard way.
One of the most important things you can do is to swallow your
pride and know when to ask for help. If you are beginning to
lose control of your business or your ideas just aren't panning
out the way you have planned, always seek some outside
guidance. There is strength in numbers and the more assistance
you can get, the better your final results can be. By searching
out assistance when you need it, you could also open new
doors to opportunities you never knew existed.
And, finally, you have to allow yourself some flexibility when
it comes to change. If you're not meeting your goals, take a
step back and try and find out why. Not every plan to take the
risky path will work out -- that's why they are risky -- but
having the ability to adapt will certainly improve your chances
for success.
** Take Small Victories and Turn Them into Huge Triumphs
By Doug D'Anna, the "Hundred-Million-Dollar Man"
Creating wealth and success is a journey. It is one that begins
internally and eventually flows outward with your actions,
attitude and habits. There is no time frame for achieving
success. Some of you will achieve your goals sooner than
others, but the ticket is to approach your goals in the same
manner. No matter how long it takes, we all essentially go
through the same journey, and it all starts with the small
victories in life.
As you embark on your journey of self-actualization, in order
to take that one victory and spin it into a lifetime of
achievement, remember these tips:
--- Add up your victories now! Your victories validate
everything you've done in your life and they place a value on
your accomplishments that no one can take away.
--- Learn to put your goals into action. When you find your
passion, put it into play. Don't hesitate. Don'! t procrastinate.
Don't waver. Life is too short.
--- Put aside negativity. You owe it to yourself to eliminate
people and circumstances that are outside of your "positive
space." Find ways to release the stress of negativity by
mentally switching people off or shutting them out and
returning to your inner self instead.
--- Use one instance of joy and spread it around. When you
are happy about your day, it shows. You'll radiate a
positivity that is simply infectious. Try it and see for
yourself. Talk to someone you meet today or smile at a
stranger and see how great you'll feel as a result.
--- Devise a strategic plan to empower yourself. Buy a
planner or open a document on your PC, and get started on
writing down your goals.
--- Motivate yourself to become productive. This can take
resolve, but you've got to come up with a lucrative! way to
reward yourself in the end. Make yourself an offer that you
can't refuse and get to work!
--- Don't let others determine your worth. Forget all the
negative things that you've learned about yourself in the
past. People with poor self-esteem said these negative things
to you to intentionally put you down. You need to surpass
anyone who has ever undermined or belittled you in the past, if
you want to be a success.
--- Improve your opportunities. Talk to people everywhere
you go and pay attention to the things around you.
Opportunities arise when you least expect them to. Will you
be prepared?
--- Build your confidence. We all need help from time to
time. You should do what makes you feel good about
yourself. Join a club or change your wardrobe. Take up a
new sport or pastime. If you value yourself, then the rest of
the world will join in.
--- Take reasonable risks. Tackling manageable! risks can be
exhilarating. Just make sure they are risks that are worth
taking and won't hurt you in any way.
--- Use the power of collaboration. Positive change is
contagious. Successful teamwork is connected to those who
choose to link their energy and private victories into
collective accomplishments.
** Upsell to Change "Free" into Profits
By Michael Newman, Self-made Millionaire
It's not often we associate the word "free" with moneymaking,
but I think that's about to change.
Of course, it's no secret that if you want to grab someone's
attention, offering something for free is the way to do it. After
all, who doesn't want something for nothing every once in a
while?
As a business owner, of course, offering your hard work for
free may seem a little silly. After all, you put in lots of work to
produce a quality product or service and hope to be paid
accordingly. Not to mention, you'll never get rich if you aren't
making any sales!
However, offering your work for free is a great way to get
people interested about your business, while possibly paving
the way to hefty sales down the road.
For instance, let's take a free service like Flickr.com. Flickr is a
photo service offered by Yahoo! that lets people store and post
their photographs online. They let people do this without
charging a cent; however, if people choose to pay, they can.
Here's what I mean:
The free version of Flickr is relatively limited. It doesn't have
the space, options or perks that the upgraded version has. The
upgraded version that offers additional features comes at a
price. The truth is that, once people start using the free Flickr,
they come to realize that, by paying a small fee, they can have
so much more. The upgrade, they feel, is worth the price tag.
Essentially, these people are being upsold once they're in the
door...and quite easily at that.
There are a number of businesses out there doing the same
thing, both online and off. The key is to ensure that the free
offerings are leading you to enough revenue through upselling
that you can afford to keep them in operation.
So, let's say, for instance, you are involved in a mail-order,
information marketing business. You send sales letters all over
the country to tens of thousands of recipients, but are having a
hard time making sales. Well, maybe it's because your letter
comes right out and sells a product for a price your market
finds a little too high -- which, in economic times like these,
would be no surprise at all.
Perhaps, however, your luck would change if you offered a free
report, book or gift to accompany the product you're selling.
This way, you're providing some incentive to customers to
purchase your product by giving them a little something extra.
In their minds, they are getting more for less or something for
nothing, which is always a good thing!
When trying to grow your business, look around at how
offering product for free can help you boost your revenue. It
may seem outlandish, but, trust me; it just might work!
** How to Turn Boring Information into Business Success
By James Burt, Online Marketing Expert
Have you ever wanted to work for the government?
I am sure there is going to be some sort of pause in your
response. If you're thinking in terms of being an agent like
James Bond or in the CIA, then your answer is probably "Sure." If it's a bureaucratic job in the local driver's license
office, your answer is probably "Uh, no thanks."
Like a lot of university students, my friends and I interviewed
for government jobs after graduation. In my case, I wound up
taking a teaching job and didn't get to work for the local
legislature that I interviewed for. Some of my friends did,
however, and a few are still there, having been promoted and
are actually working in a vocation of their degree, like federal
engineering and building projects.
Having knowledge on any subject these days is valuable. So
valuable that there is a market for just about any kind of
information, from sports to model trains. But if there is one
sure-fire market, it's for information about the government's
policies. Since a lot of government rules are not known to the
general public, any tips about legally dealing with the
government are useful to anyone.
And if you've got those tips, you are in business.
Here are some of the best ways to provide government
information as an info marketer:
--- Know Your Specialty: If you have ever had experience in
working for the government or have knowledge of government
practices, it's best to focus on one area. Be it a sales tax local to
your area or new business practice laws, keep your content
focused on one area to start. This will help you stay on task
early on and then branch out to other areas later.
--- Keep it formal, but not too formal: Government publications
are, well, pretty dry in terms of the written content. Actually
they're really boring, period. I know, as I worked for a
government-based publisher for over two years. I recommend
that all info marketers apply their content-writing skills when
creating government info content. Make it interesting and
enjoyable to the reader. But remember to stick to the important
formalities. Do not fudge facts or create content that isn't based
in fact.
--- Stay Legal: In addition to not getting to crazy with your
content, make sure the information you are providing is safe
and legal for the public at large. Your sources must be credible
and you must be authorized to release your content into the
public domain. Like most business journalists and even
accountants, you have to keep aware of publicly disclosing
what is legal for your company. When in doubt, check with a
legal pro or knowledgeable government official. A local
employment or info office is a good resource for this as well.
--- Get friendly with a publisher: I grew up outside of the city
and, when we used to come into the city, my dad always
checked out the government publishing office on a downtown
side street. This was before the Internet. He was a single father
who wanted to keep abreast of the latest publications on tax
amendments by buying the new compendiums fresh off the
presses. Now, with the Internet, you can actually get the latest
publications and updates sent right to your e-mail inbox for a
fee. Do this by signing up on an online government publication
web site. Sometimes laws change quickly and quietly, so it's
good to have immediate updates sent right to you.
That old saying that goes "The only two certainties in life are
death and taxes" has never been a favorite of mine. It's just too
negative, and the way I look at it the former, you can't do
anything about it anyway. But you can use the other to your
advantage as an info marketer. If you know about taxes, laws,
or any other government branch, there is no reason why you
can't apply that knowledge to make your info marketing
business a success. |