Home » Business

4 Golden Keys To Building A Multimillion Dollar Empire

Aug 18, 2008
Has your Internet business failed? Are you struggling to get the ball rolling and start making money? If you have hit a roadblock and don't feel like you can succeed then stop right there. You have to have the right mindset. Too often businesses fail because they set things up, but then don't get anything farther.

This is where the golden keys of business come in. Learn these keys and apply them to your business right now.

Golden Key #1: Business is a game. When you are Internet marketing you have think of it as a game. Winning is everything and there is no such thing as second place. Think about athletes that prepare, practice, and work as hard as they can to win. You have to be that athlete in your business. You have to do whatever it takes to make things happen. You have to play to win.

Business on the Internet is like wrestling and boxing. It is you, and only you, against your competition. When you practice you may have a support structure, but when it comes time to actually make the money you are on your own. When you step into the ring you have to play hard and play to win.

When you sit behind your computer you have to go for first place. Second place is a loser.

Golden Key #2: You have to have a system. Every level of business has to have a system. This is not an option. The Internet businesses that make the big bucks have systems. If your system relies on a bad system then you set yourself up for failure.

A system is the key to your business. For example, if you want to earn $10,000 per month then you have to have a system on the $10,000 level. Likewise if you want to earn $100,000 per month then your system has to be on the $100,000 level.

Golden Key #3: No numbers means no business. You must look at conversion, visitor values, and other numbers in your business. Why? These numbers give you the outlook of your business. For example, let's say you sent a joint venture email and the email was very successful. The conversion numbers were high so it is in your best interest to send that email again.

Basic numbers to look at are: Total Revenue + Total Expenses = Total Profit.

How do you find these numbers? Go online and look at your bank account. If your bank account is not at the level you want then you are losing the game! If your bank account is high then you can feel good about your business. However, don't fall victim to complacency. Sometimes people become successful and then lose their drive. If this happens to you then try to always think of yourself as 'poor' so you will continue to make more money and retain your drive.

Golden Key #4: You have to become an aggressive marketer. If you want to take your business to the top then you have to be aggressive. In the 'Secrets of the Millionaire Mind' I talk about becoming aggressive.

Marketing is intrusive, that's just the plain truth. You can't cry and whine about things you have to do in marketing. You have to suck it up and be aggressive.

Take these four tips to heart in your Internet business. They are the foundation of a multimillion dollar empire.
About the Author
There are many strategies to making money on the internet, but nothing makes sense unless you have a big list. Email Marketing is the most profitable way to make money on the internet. Discover how to use the internet and turn your computer into a cash gushing machine. Sign-up right now for Matt Bacak's FREE online newsletter to find out how to do exactly that Go here: www.promotingtips.com
Rating:
Please Rate:
(Average: Not rated)
Views: 154
Print Email Report Share
Article Categories