The good ol’ days are gone.

In this video, you’ll learn 3 reasons why you need to go beyond the “island mentality” in order to succeed in the world of online marketing.

Watch this extremely insightful video by my friend Kenneth Yu, a.k.a. “the Puppet Master”

If you’ve been wondering why it is so tough to create an online income, he reveals the truth.

Send me some feedback… leave a comment. Do you agree or disagree. Are you finding it harder to generate profits? Let me know…

I’ll be posting part 2 soon so make sure to come back or better yet subscribe to my feed!

Strategy #1: Planning For Online Success

You can want to do the right thing, and you can even want to do it for the right reasons. But if you don’t apply the right principles, you can still hit a wall.

Goal setting is a powerful process. Stephen Covey calls it, “the manifestation of creative imagination and independent will.” Setting goals is the first step in planning your success.

Goal setting is the practicality of “eating our elephants one bite at a time,” and of translating vision into achievable, actionable doing.

Here are three vital questions you must ask yourself: What? Why? and How?

1. What do I want to accomplish? What is the end I have in mind? (i.e.earn an extra $1000 per week, per month…)

2. Why do I want to do it? i.e. To pay for my child’s college education, buy a car, go back to school. You have to decide the “why?”

3. How am I going to do it? What key principles will I need to achieve my goals? What service or product can you provide that the marketplace wants or needs? What problems can you solve?

Once these three questions are answered you can begin the planning process toward actionable steps.

I want to make money online is not a goal! That is a wish…

A goal must be specific in nature. It should be quantifiable and time bound. Here is an example. I want to earn $500 each month beginning in the next 90 days. The $500/month makes it quantifiable. The “per month” and the 90 day time frame establishes a framework that is achievable.

I am going to fast forward here for a moment.

What will it take to earn $500 per month? Let’s examine this further. Let’s say you’ve selected an affiliate product that pays a commission of $47. If we break the process down it might look like this:

$500/month/$47 = 11 Sales

11 Sales/4.3 weeks = 2.5 sales/week (3 sales)

If the conversion rate is 1% (meaning that for every 100 people who visit the “sales page” you make 1 sale… You need to drive 300 visitors per week to the site.

300 visitors x 1% Conversion Rate = 3 Sales@$47 = $141

From this simple process map we can see that your #1 Priority would be to DRIVE 300 Visitors To Your Affiliate Link every week.

We’ll talk more about traffic in future posts, but right now, grab this resource:

48 Hour Action Plan – 10 pages.

To you success,
Bob Coleman

P.S. I’ll post Next Lesson In A Couple of Days… How To Monetize Your Online Business

Saw this over at Warrior Forum… Words of Wisdom from Dennis Gaskill.

If you want to learn marketing, if you want to make money online, why aren’t you focusing on that?

If your focus is on finding fault with how other marketers conduct their business, what will that result in? We get that all the time here, and all that leads to is finding more things to find fault with. Creating your own little black clouds of self-pity aren’t going to take you where you want to go.

What you focus on expands.

Those aren’t my words. Self-made millionaire T Harv Eker wrote that in Secrets of the Millionaire Mind.

If your focus is on how EZA, or Facebook, or Squidoo is doing you wrong, guess what you get? More things to complain about because more things will go wrong, or you’ll perceive things that way, which makes it your reality just the same.

What you focus on expands.

If you compare yourself to someone else in IM, disparaging over how far ahead of you they are, guess what you get? A continuing gap between you and them. If you believe others are just lucky and you’re not, you’ll keep having a lack of luck.

What you focus on expands.

If you focus on what you lack, what do you get? More of what you focus on…more lack! If you’re not making money and that’s your goal, why are you focusing on things that aren’t going to help you reach your goal?

We also get a lot of what I’d call “socializing” type questions here. Those are questions designed to start a discussion but which are not likely to evoke responses that are useful to doing business. When you learn to ask better questions, you’ll get back better information.

What you focus on expands – but it goes deeper than what our conscious mind envisions. What we really look for is often determined by what lies deep in our subconscious. It lies in our long-term attitudes and patterns of behavior.

I’m not going deep into psychology here, but I will say that any significant change we want in our external world often means making a change in our attitudes and ways of habitual thinking.

If we keep thinking like we’ve always thought, and keep doing what we’ve always done, we’ll get the same results over and over. It’s foolish to walk the down the same path every day and expect to come out in a different place. If you want different results than your getting, you have to do something different.

I like how Jim Rohn put it, “If you want more than you have, become more than you are.”

One more psychological point: If you see rich people or successful people as bad, then you will self-sabotage your efforts at becoming rich and successful.

Why?

Because deep down most of us want to be and believe we are a good person, but by equating rich with being bad, your subconscious desire to be good will win out and overrule your conscious desire to be rich in order to eliminate the internal conflict. Guru bashing is a dangerous game, not to them, but to your own wealth.

Not making it? Take note of what you’ve been focusing on and you’ll likely discover why you’re not making it, because what you focus on expands.

Next, look at what distracts you from keeping your focus on your goal and you’ll discover where you need to make changes. Here are some common things that go wrong:

- too much television
- too much random surfing on the net
- too much game playing
- too much partying
- too much negative thinking (you ever met a rich, happy pessimist?)
- lack of self-discipline
- lack of clearly defined goals
- lack of self-motivation
- lack of self-worth/self-esteem/self-respect
- laziness in thought and action
- anything that veers you off course

When you learn to better focus your thinking and actions toward a worthwhile goal, you’ll start to realize the results you want. Be grateful for any positive results no matter how meager they may be, for what you focus on expands.

What are you focusing on?

MLA Style Citation:
Gaskill, Dennis “Here is Why You’re Not Successful in IM” 6 Apr. 2010 WarriorForum.com. 10 Apr. 2010 .

If you’re new to Internet Marketing you probably already realize that there are some major challenges to making money online that the ‘gurus’ failed to mention.

In this article I will (1) identify the biggest challenge you face and (2) give you some initial steps to overcome it.

But first, your biggest challenge is not:

• Information
• Products
• Niche
• List size

The market is flooded with how-to guides, videos and audios; so information is not issue.

Clickbank, PayDotCom, Commission Junction, Amazon, Ebay can supply you with literally tens of thousands of products to sell, so it is not products.

Whether it is your passion, a hobby or the latest trend, there are millions of niches available from which you can carve out online income. So, it’s not the marketplace, niche or micro-niche.

It’s a known fact that you do not need a list to make money online; although having a list can make it a lot easier.

So… if it is not the aforementioned, what is the biggest challenge you face online?

Answer… Look in the mirror! You are your biggest challenge. More precisely, it is your mindset.

Every day, thousands of well intentioned would be online marketers enter the fray hoping to make money online. Either they’ve heard about or read that anyone can make money online, and that it’s easy even if you don’t have any experience.

With high hopes they jump in, head first. So may even do a little online research, or download some free eBooks. Before you know it, they’ve built a website and then… zilch, nada, nothing!

A few weeks or maybe a few months of struggling to make it happen and they quit. (Maybe this is you, I don’t know).

The problem in the long run was with the way they were thinking about online marketing. And here is what I mean…

The vast majority of good intentioned souls that start out in Internet Marketing do so without counting the cost. Most don’t even have a business plan. They think like employees and not like business owners. They fail to plan their work and work their plan. The do not have a BUSINESS MINDSET!

Everything they do is hodge-podge, start-stop, here-there and in the end, they accomplish very little when it comes to the things that are necessary to really turn a buck on the Internet.

The average online marketer spends more time planning than they do executing a plan. (By the way, if you’re going to fail, FAIL FAST!)

It is better to work a system, make your mistakes early and discover what works and what does not, than to get stuck in analysis-paralysis reading tons of guides, watching hours of videos and laying out plans that never amount to a hill of beans.

So here is the first step of how to overcome this problem quickly and easily.

1. Planning. You must have a game plan before you do anything else. Consider this; every successful enterprise begins with a plan. It does not matter if you are a Fortune 500 company or a mom & pop operation. You need a plan. So grab a yellow pad and let’s start crafting a plan of action around some basic questions.

a. Why are you starting an online business? Be specific (and to make money is not the real answer). This is the most important question you need to answer because the answer to this question is what will sustain you during the tough times ahead. Hint: Most of the time it involves a lifestyle change. Money is merely to medium of exchange to effect the change!

b. What is it that you need the money for? Why do this as opposed to getting a part time job? Don’t rush to answer but really think about your reason.

2. What price are you willing to pay to achieve your goals? This question relates to time, effort and money. How much time are you willing to invest? How much effort are you willing to put forth in order to perfect your skills? How much money are you willing to invest in training materials and tools for your business?

a. If you are married and/or have children, you need to discuss this with your partner and explain your decision and that it will take some time to see results. (Believe me, if you don’t you’re setting yourself up for possible tension)

3. How much money do you want to earn from your online business? Be specific. Then break it down (annually, monthly, weekly, daily)

4. Over what period of time (realistically) do you want to achieve your income goals?

Start by answering these questions. Of course there are more, but this will get you started. Now, if you’re already involved online and not seeing the kind of success you had hoped for, maybe now is a good time to revisit these questions.

To get the full blown process, subscribe to my newsletter, beginning with your FREE Report 48 Hour Action Plan. Along with specific step-by-step instructions toward making your first sales online, you will also receive free PDF guides and video tutorials that I have specifically selected to coincide with the newsletter articles. These are resources that I personally use in my own business every day.

What will this cost you? Nothing but your honest feedback regarding your successes and challenges.

Here is the link, so sign up now: 48 Hour Action Plan