How to Create a Profit-Pulling Internet Business Plan for 2010
I’ve analyzed the entire year of 2009 for my Internet business and come up with 5 practical ideas which I think will help you create a profit-pulling Internet business plan for 2010 too…
1. Read less, write more
This year I’ve been reading almost daily, from emails, articles, blog posts and book chapters.
80% of my time was spent on reading, instead of writing.
2. Read less, do more
Since I was left with only 20% for actually taking action on my business tasks, my income has suffered massively.
Next year I’ll turn the concept upside down.
80% – take action
20% – reading/learning new stuff
3. Read less, listen more
You won’t believe how important is to listen to people, listen to what they share with you in the forums, on blogs, in the email.
Listening is more important than anything else…
4. Look-out for the big problems
Great products/services thrive because they’re built on solving people’s most pressing problems.
Next year I plan to release just a few PDF reports and trainings, mainly in the affiliate marketing arena, which helps serious people advance their Internet venture.
I’ll be focusing more on providing services though. I’m talking about custom blog install, email consulting and coaching, just to name a few.
5. Analyze your competitors
Regardless you’re just an affiliate marketer or product owner, you need to analyze your competitors. Watch what they do, how they do it, and more importantly WHY they’re doing it…
You’ll learn tremendous things just by analyzing your competitors, instead of doing what they’re saying…
What are your Internet business plans for 2010?
Post your comment and share your ideas with others.
P.S. I also plan to revamp CodrutTurcanu.com blog and focus on writing product reviews which help solve affiliate marketers’ most pressing problems, wants and needs.
I’ve spent too much time reading and not committing to action this year, too. I often find myself analyzing too much due my perfectionism, so just as you have, Codrut, I’m making a new year resolution to committ to more action and less reading. I know this won’t change overnight, but I’ll take small steps.
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Some very good tips, Codrut.
Happy New Year.
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what s with all these stupid cartoon faces are people hiding or hiding something ????
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Codrut Turcanu / Blog for Profit
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January 4th, 2010 at 00:32
#caco: ha, ha, ha… I enabled avatar images on the blog; if you’re using none, a random image will show…
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Codrut,
I didn’t mean it that way. What I told is 1) Actions-50% of your time
2. Reading, listening analyzing the failures etc. – 50% remaining time.
Of course you are right that in the beginning almost most of us become the victim of information overload. I am sure this formula will 100% work if followed strictly. I get more than 100 emails daily. Now I read only 10% which I think most important rest go to junk.
The 80 – 20 formula is ok when a person acquires enough knowledge to carry on the activities.
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Hi Codrut,
Definitely more writing and less reading this year! Thanks to having you set up my blog for me, I know my writing will get the best results possible.
Thanks.
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Blogging has always been a great method for businesses to get traffic to their websites and also for people to write about their personal lives. Thanks for sharing those great tips.
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I will focus on one site, give more time to write unique articles, get more traffic effectively with least time, earn more from passive income, and have more time for my family.
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