Do I need money for my business

When I first started out with internet marketing I really had no idea what it was. There were quite a lot of different websites giving away information – some for free and some for a price. I seriously think that the best decisions that I ever made are related to actually not buying anything before I knew anything. There are a lot of internet marketers like problogger.com that are willing to promote something to you that is not going to make you any money. Some of these guys make a living off selling stuff to newbies who don’t know what to buy – easy markets because you can tell them what you want and they won’t know anything better. They are likely to trust you as the expert in the area since you are the first one who put impressive sentences together about the subject, in a manner that makes you feel special for even considering buying something off from them.

At the time I was  starting I was eager to learn the free way to make money. And the day I found Grizzly’s website I thought that all my questions were answered and it did not involve a price tag. The problem with methods like this is that many people don’t really trust them because he is not charging any money to teach it, neither does it really involve any spending of money when you start off. It is only going to take a lot of time and work, but when you eventually start seeing that money, you can laugh your way to the bank, because you are not investing anything to produce your income. I have come to realize something, and that is that I am spending way too much on the wrong things. It might sound weird to some people but I am spending 110% of what I earn online, back in to my business. This time in fact I am using the money on completely the wrong things and I am going to cut down my expenses and try to shift them towards the correct things.

I have not been good at budgeting and that is why I have decided to start doing it to some extent. Last week I was doing some calculations about where I am spending my money and I realized that I am spending 75% of all my online income to something that is not content. I have been writing about not spending money on content previously, but that is only when you don’t know what you are doing. I think that I have some faint idea of what I am supposed to do, and that is why I am shifting my spending towards buying high quality articles. I basically have hired a “personal” writer who can produce great quality researched articles to me in a reasonable time and at a reasonable price. I am going to start a project – or I already have – which is going to be a quite targeted website with a lot of articles and my plans are to make it an authority site. If I can have one in the niche that I am targeting, It is going to be a good place to sell stuff I am a bit off tracks here… So lets get back to the I need money for my business part of this post…

The online marketing business is a great thing to be a part of since you are not risking too much with it. If you keep spending only the amount that you earn you are not going to file bankruptcy and if you don’t quit your dayjob you are not riskin anything. The investments that most people are making are not that huge, but at the same time they think that they are always going to get off by not paying anything. Don’t be a cheap bastard when it comes to building your own business – if you think something is really valuable for you to advance, don’t start counting the pennies if you can afford it. Remember that there are methods like the keyword academy that are going to give you great advice on how to get that business started with as little investments as just getting a hostgator hosting account and a few domains. I have been a member of TKA and I can say that they are really an easy way to get started in this business, but for me It was not something that I feel is useful anymore and I will explain myself.

It is important that you justify your decisions to yourself and for me I could not find that many reasons to stay signed up, because I think that I was not using the services enough to pay the ridiculously low price that they offered. They do give you access to some really good stuff but once again you need to be using it to make a difference. I have been a subscriber to one of the networds that they openly promote but just recently realized that I am not using it as much as  I should to pay for it. I just find it way too tedious to be writing the articles for that particular service to be able to get enough out from it. And that is why I need to re-budget and try to shift my spending towards 50% services/networks, 25% domains and 25% content. I have quite a few hosting accounts on budget services like 2gb hosting who are offering a SEO package for under $10 a month. Check it out at least! I also have a fatcow account and a lot more. Most of my hostings I have paid for one or two years in advance so I don’t count them in my expenses.

So I have to write a to do/not to do list for my near future to get the right things done and get rid of extra expenses.

• Don’t get any more hosting accounts – the ones that I have right now are going to be enough to provide me a decent number of C-class IP’s.
• I am going to stop paying for one of the networks that I am involved in – writing two rewrites of an article is just way too booring for me and I don’t really appreciate too much the results to be honest. It can be great for some websites but I prefer to do it differently and less… spammy.
• I am going to stop buying aged domains for now – unless something really great drops by. I have a few which I should be able to take “to the next level” and there is already too much updating to do.
• I am going to set a daily schedule of what I need to get done. Write a specific amount of posts on my blogs, and do a specific amount of backlinks on my support sites. If I can do more, I will.
• Planning is nice and I am going to do more of it. Instead of doing drawings about building my network (I have been doing quite a lot of that at work LOL) I am going to do something that really matters.
• For the next month I plan on not buying any more domains. Unless I find a really promising keyword and that is the only situation where I am going to get a new domain. I have a lot of updating to do and that is why I need to spend my time on my current websites instead of new ones. I have neglected a few websites completely even though I am ranking on page #2 for the main keyword, I have not been doing the extra work to get them on page #1 – silly me.

So I really do need money for my business, but I am not looking for a loan or anything. I just need to get my spending habits under control and start raking in more! And by the way, if you did not already read the latest on MMOFB then do so! He drops a bomb once again and ends all suspicions about authority sites.

Inspired by Griz I am going to start 2 authority projects. One is going to be on an aged domain which already has an .edu link and quite a few of pr4 links to start with – this is going to be a very general site and I am going to write the content mostly myself. The other site is going to be on a new domain and it is going to be in a quite a large niche and I am mostly going to outsource the content. This way I can see for myself what needs to be done to get the authority, and how much it actually rakes.

Ever since Ben started his 200 hubs in 30 days project there has been a flying sentence in the MMO people and that is “get to work already”. Meaning that most of the people trying to earn money on the internet are just reading how to make it happen, how others are making it happen, and trying to learn new techniques every week. This results in zero work being done and zero dollars online income in your bank account. So roll up your sleeves and get to work already.

That is not exactly what I had in my mind since doing the wrong things can take a lot of your time, and by not doing the wrong things you are going to never really learn what you need to do to actually have any revenue at all. So Planning is a big part of what you have to do to get to the point where you want to be. I am not talking about general planning – everyone is doing it in their heads all the time: I am going to build a hundred of websites which are targeted to keywords. Then I am going to do work on them so that I get enough traffic, then I slap ads on them and reap the benefits. The planning that I am talking about here is a bit more specific and more like “what I am going to do today” type of thinking.

I have mentioned it quite a few times on this blog that I am literally fed up with trying manage with my day job – which is paying me a ridiculously low amount – and my legitmate online businesses which are practically taking every other moment of my day. Add a relationship which I want to preserve and two dogs whch need to be taken care of and you have my mess. Sot to be able to generate any profits I need to have my game plan set so that I am taking full advantage out from every minute that I spend sitting on my computer. Well I hope that it would be that easy, and many times I end up surfing on a certain internet marketing forum and reading two major blogs.

What Is A Game Plan For Earning Money

When a basketball coach makes a game plan he is not going to say that we defence like muthafuckas and score like Ron Jeremy. He is going to lay down the exact schemes that the team is supposed to use to use to get the scores and to be successful in defence.

Why should you make a general plan like: Build some sites, get the links and slap on ads. That is not going to work unless you are really organized by nature and can just sit on the computer and have everything come out from your head correctly. For me I have to approach it quite differently.

My job does not require too much from me except time but since I can’t do much internet marketing while I am at my day job, I must try to do all the possible time wasting stuff that I can there. I can’t do keyword research since I can’t evluate the competition – I don’t have the tools I use there. I can’t write articles because I get interrupted too often. And because of the latter, I can’t do backlinks. So this leaves what to me? I must do all the time wasting surfing and facebooking that I do, while I’m at work. Also I spend a lot of time on freshdrop.net trying to find good domains and also google for other related stuff.

What else  can I do while I am trying to wait for my day to be over so I can get home and start doing something that will help my need for money? I can’t write articles but I come up with ideas for my articles and create the topics. If I clearly plan my articles in advance it really speeds up my writing process because all that is left is the typing process. I have a good idea how many articles I can write in a day, and that is the amount of topics I come up with and do the planning. I try to keep in mind that I evenly add posts to my websites and create the articles accordingly. I do most of my planning while I am at work and try to do most of my work when I am at home – logical isn’t it. That is my daily game plan, and besides just that you have to have a long term plan to be succesful and make sure that in the future you don’t need more money.

Planning For The Future

What people do for short term money online, are things that generate fast income. Such as taking advantage of the social websites which allow you to post your own articles and display your ads on an authority site that is capable for basically ranking well for any keyword. That is not something that is going to make your money in the long run – you are going to have to jump from authority site to another once they are saturated by a bunch of other marketers. This is not something that I would call a good way to get money – don’t get me wrong, quick money is nice and if you can make a decent income in a month then do it, but you need to be certain that you know it is not going to make you money a year from now, or even six months. The search engines constantly look for noob MMOers who are trying to take advantage from an glitch in their algorithms which allow the system to be gamed.

The very best thing that you can do is to start a website that you plan on building forever. I know that many of us are building small niche websites that are sniper targeted for a keyword and that is something that SEOers do and that is what you should be doing. That is what makes your income and you are going to make a living with it if you know what you are doing, that is for sure. At the same time I would advice to slowly build huge websites in niches that you find profitable. These are sites that you are going to be regularly posting and constantly doing work on, and that is in my plan from now on. I have already started it and I am sure that it is going to take a very long time and it might work or not. If it does not work, I have another great niche site in my network, which I can sell for money if I want, or use it for other puposes in my online business.

The thing with planning is that many people plan small – just like I have been doing before: I will build a hundred sites and end up making just enought to quit my job. I am not going to enter this niche since it has too much competition. Oh, I can’t do this much work, I will have to try something smaller. My motto has always been “aim for the stars and if you end up in the moon that’s pretty damn fine” and I suggest you try to do that with your business also. All this because if you need money, and plan on making just enough to get by, you are going to always have the risk of your income to drop and you having to do more and more of this low level work to get back up. Do the low level work but also do some aiming for the starts while you are at it: If you have a number of websites in a niche which has proven to convert well, get a new domain and a new hosting account – to get a different ip, or if your hosting provider has the option to get another c-class ip then do so – and start building a megasite which you are going to target all the keywords in your niche one at the time. When you are done, you are going to either have a website which is pulling traffic like there is no tomorrow and you can use it to earn money, or you have a very strong niche website which you can use to boost up smaller sites for the same niche. Think big and you can be big one day. If you want it to be your business, you have to start treating it like one.