07.18.07
Posted in Internet Martketing at 9:03 am by
One of the points no one mentions in business is the importance of mastermind groups.
You can often hear or read that you need a mentor to take a step ahead for your business.
When I am working with my employees or collaborators I realized that I discover many more things then when I work alone.
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You can get more even if you have partners to work with. With partners you can share customers and cross promote. In this way you can promote to may more people and offer bigger and various product solutions.
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But the best point is you can share ideas. You enlarge or view and can improve your mission and strategy. You can know things that have never thought before or even you can realize that something you thought was useless or not important is instead good for your business. You can also discover your defects and qualities. In this way you can reduce your error rate and have continuous lessons learned results.
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Your partners can also perform the role of a customer providing you with useful feedback on your products and services. You can know in advance if you are in the right path or if you need to change part of your business.
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If every partner has a different mentor you can share the different experiences and improve your know-how. Also if you partner has the same mentor you can discover something you did not pay attention to.
It is like when you made your school works with your school mates. You got better results and in a shorter and faster way.
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There are basically two ways to establish and keep your relationship with your partners.
The first is an unstructured way, i.e. you contact them when you need a suggestion or a support for a solution. This is very common when you everyday call one or two of best partners through Skype or Messenger.
The second is a structure way. This is suggested when the number of partners you would talk to simultaneously is greater than 2.
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These groups of partners are called mastermind groups.
Mike Filsaime has always claimed that his success relied also on mastermind groups. You discover you know less when you work alone.
But mastermind groups, being a structured way to partner, must be organized.
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You should have an agreement before starting a mastermind group. There should be a memorandum of understanding, rules to follow not to hart other partners and infringe property protection statements. Also you need to commit yourself to be active within your mastermind group. This means you have to propose ideas and initiatives as well as to guarantee your presence at meetings.
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Meetings are the moments when the partners share ideas and support. These should be held at least once every two weeks. Every week would be ideal.
The duration should not exceed two hours as we know human concentration is not going to last long.
Meetings should be structured, i.e. there should be an agenda in place.
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Two roles must be defined and covered every time. One is the role of chairman, i.e. the person who is going to prepare and distribute the agenda, to prepare the meeting infrastructure (i.e. he/she must check the Internet connection and the details for the chatting room), to prepare and deliver support material, to forward extraordinary rules, to communicate variations or special details, to collect data for the meeting minute, to provide follow-ups for the meeting, etc.
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There are many other things a chairman should perform and these depend on the way the scope of the meeting is.
The second role is that of the Time keeper. This is the person that controls the time of each conversation.
It is important that the conversation is controlled, i.e. not all people talk simultaneously and who is going to speak is mentioned in the agenda (when, who and about what).
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The best solution is to discuss every time about the problems, issues and topics related to one of the members. This is suggested especially before a new product launch. In that moment all the partners can provide suggestions, tips and tricks and other ideas to improve the launch.
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There are also ethical rules to follow. I would give you some examples but you can use your imagination or focus on your needs to think to other points.
It is aimed that everyone commits himself to support the others in the promotion sharing customers, secrets, ideas, etc.
It is aimed that everyone respects the others without revealing outside the group secrets or strategies and even not use them if not authorized.
It is aimed that you can provide help in forums, groups, with customers especially in difficult moments.
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It is appreciated that you have a database where you store all the meeting minutes and eventually tools and materials to be shared.
A forum for members only should be set up and everyone has to commit to be active.
Many groups start very well and in few weeks you can see that the forum has almost no new post. A moderator for the forum should be assigned every week.
Forum posts should be mentioned in the agenda for the next meetings and eventually assigned to a priority or person if related to issues to solve.
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Never think that meetings are useless. Sometimes I heard conversations I thought were of pour quality and at the end I found even a single solution for my business that saved me time and money.
The mastermind groups are really the secrets of business men even of those who have already a good business in place.
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Another good point is that you can ask the members of your group to provide a testimonial for you for your next product launch and support your credibility and notoriety posting in forums, writing articles and press releases on your products, maybe in exchange for a good JV commissions. The price is really worth.
With your partners you can also share your training material and discuss about new strategy to create together. Sometimes you can really modify or change your business model.
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What is important to maintain a mastermind group is to assure mutual respect and correctness.
You can also start a mastermind group with some of your customers or students (if you are a trainer) and you will discover how much more you can learn also from those who are expected to have less experience than you.
You have to have a constant learning approach, i.e. every discussion should provide you ideas and suggestions for your next business.
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Basically for you mastermind groups you need to have a chatting room, a forum and a database (a server space) where to store your common information.
You can only improve your business if you have a mastermind group. Do not isolate yourself and be convinced to know everything and have no defects. Talking to other people you can really discover better yourself and see something that was hidden within you until that moment.
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07.12.07
Posted in Internet Martketing at 8:10 pm by
Its no secret that JVs (joint ventures) and cross promotions are one of the most productive ways to make high volumes of sales on the Internet.
Today I want to talk about why they work so well, and how you can make the most of them to explode your online income.
Traditionally, JVs are most common between two people who have created a product and are selling it online. But that needn’t be the case and I will tell you shortly of a way in which you can get all the benefits, traffic and sales of a JV without even having a product of your own.
But first lets look at the principals of it:
What actually happens in a JV cross-promotion?
Webites promote other websites for two main reasons:
1. To earn income from commission sales.
2. To pay, or earn, favors.
The first of these you might expect, the second is more intricate.
You see, when you’re running an online business, your options and your growth are restricted if you try doing it all on your own.
Sure, there’s pay-per-click advertising, article marketing, traffic exchangers, and a variety of ways you can draw traffic to your site by paying for it.
But nothing beats personal recommendation.
Its human nature: We all prefer to buy through personal recommendation than by enticing advertisements.
And JV’s, or cross-promotions are all about personal recommendation.
The only thing is - as every super-affiliate knows - even if you’re offering attractive commission rates, the site that’s getting promoted always gets more out of the deal than the JV partner who’s doing the promoting. Look at this comparision:
The JV partner doing the promotion gets:
1. A ‘notional’ favour from the site it promotes.
2. Commission payments, hopefully paid in good time but always at the discretion of the site owner.
The site being promoted gets:
1. Lots of new list members
2. Lots of Sales
3. Lots of recognition
Which would you rather?
Can you see now why the benefit isn’t split evenly in a JV deal?
This is one of the reasons why it is more difficult than many people think to get JV partners promoting for you.
No matter how attractive your commission percentages are, you will always be getting more out of the deal than your JV partner. Especially if your landing page is a list-building squeeze page.
But there is an option available. Especially if your aim is to build a list.
You could run a MyViralSpiral site.
MyViralSpiral is a webserver script that gives you a complete solution for building a list and a business online.
One of its features is that it turns the above JV example on its head to provide more of a win-win for both parties. Here’s what you can do with it:
As a listbuilder, you can offer a squeeze page for your JV partner to promote. He then sends his list to the squeeze page, where they sign up to your list. Then, this is when it gets interesting:
Your JV partner can decide which offer page his signups are directed to after signup.
Gone is the traditional method whereby once his leads have signed up to you they’re yours, to direct wherever you like. With MVS, your JV partner can choose what to show them *after* they’ve joined your list…
It might be to his own product, or an affiliate link somewhere else - or he may choose to use his affiliate link for your product (in keeping with the normal method).
The point is, your JV partner has more say about who benefits from his promotion and how. And that kind of power makes all the difference when it comes to getting others to promote for you, and build your list.
This is one of many characterisics of MyViralSpiral that make it well worth a good look if you want to start building JV relationships.
Click here to read more.
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Posted in Internet Martketing at 10:04 am by
The first step to any kind of family financial peace is the creation of
the family budget. With today’s go-go-go lifestyle keeping track of
income and expenses is a necessity. Too many families get into
financial messes simply because they do not have any idea where their
money is going until it is gone.
When you first build your family’s budget plan you may be met with a
certain amount of resistance simply because a lot of people have an
aversion to the word “budget”. The thing to remember as the builder of
the budget that you need to pass along is that this new way of dealing
with money is not a set in stone law. A budget is simply a tool that
allows you to see where your money is going and how you can better
manage it. There is a certain amount of give and take, or fluidity, to
a budget because it is constantly changing with the needs of your
family.
The first thing you and your family need to understand is that a family
budget is a long term solution to many financial problems. It will give
your family a solid financial future which will benefit all members.
The best way to do this is to talk to your family about what type of
financial goals your family should have and any budgetary constraints
you are facing at the moment. Lay it all out for everyone to see, from
mortgage payments and other bills to long term financial goals that
include retirement and college funding. If you can help them see the
whole picture and how they fit into it your chances of successfully
building a family budget are much greater.
If build an environment in which your entire family is working together
for one common financial goal a budget will be much easier to
incorporate. A good way to do this is to have each family member create
their own mini-budget so they can better understand how their spending
may be affecting the big picture. If they can find places to cut back
on this can be translated into the overall family budget.
One way to rein in an over exuberant child who thinks money just
magically appears out of the ATM machine is to have them budget their
own allowance. If a child has to use their own money to buy the things
they will soon learn the value of money. Not only will this go a long
way to helping the family budget it will start to teach them how to
manage money which will stay with them into their adult life.
As you build your family budget you will see patterns of spending start
to emerge. Pay close attention to these and see if some of them are
really necessary. Often times the things you are taking most for
granted, such as eating out, will eat up a large portion of your
monthly income. For a regular sized family eating out for one night
could often buy enough groceries to last for almost a week.
Building a family budget is the first step to taking control of your
financial future. Only when you know where the money is going can you
take control of the situation and make your money work for you.
Andrew Bicknell researches and writes on a variety of subjects. To
learn more about building a family budget please visit his website atÂ
http://household-budget.home-choices-net.com/Family-Budget.html
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07.06.07
Posted in Internet Martketing at 8:51 am by
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Blogging has been around for a few years now. Most people use blogs to record their thoughts and lives, while the select few use them as a free way to make a fortune. One guy who uses this to his advantage is Rob Benwell. Last year he dished the dirt on the tips and tricks to making a fortune using blogging. But as time passes the old systems become obsolete and new techniques are required. This is where his brand new, fresh off the press blogging to the bank 2 system comes into play. For those who know who Rob Benwell is like me, you’ve probably made a killing using blogs. For those who don’t, he’s the story: Back in 2005 he was struggling to make any profit online, had dropped out of college and was getting deep into debt. |
He was trying all the techniques the gurus tell you and wasn’t getting anywhere fast. All of that went in the bin and he started using his own techniques and started making more and more money using simple blogs. In early 2006 he shared this with the world and had a great ebook called blogging to the bank. Tons of people got rich from using these techniques (including me). He then spoke at Online Marketing Legend Yanik Silver’s underground Seminar where he revealed even more of his underground strategies. But as I said earlier, the techniques used in that ebook are now showing there age. Some of them are not even working in the slightest! This is where blogging to the bank 2 comes into play. It’s full of great new techniques that work online right now! Everything’s explained in plain English with all the fluff cut out. I got hold of an advanced copy of the book for a much higher price than what it actually sells for and it has been worth every single cent! I got it in the afternoon and by the evening I was creating new profitable blogs. Within a couple of hours of them being active I had made a nice little profit. Blogging To The Bank 2 teaches you Robs new step by step blueprint to creating highly profitable long term niche blogs using the newest optimization techniques. There’s even a section on advanced Search Engine Optimization. Most people think SEO is difficult but Rob explains this nice and simply so even the blogging newbie will understand it. Blogging To The Bank 2 is a breath of fresh air and I highly recommend it to anyone wanting to make easy money online. Click here for more information about this systemÂ
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07.02.07
Posted in Internet Martketing at 12:22 pm by
“Instant emergency cash, effortless money-making tactics, full-time residual income in less than 30 days… The vast majority of these reports are pure rubbish, or speculation, hypothesis, and untested methods at best. Maybe you’ve purchased one or two or ten of these disappointing methods that fail to deliver the goods. I know I have. The genius of what Willie has done in his report is he uses it as a living example and proof that his Really Fast Money method actually works. Buy this report, read it, and put the methods to work, but better yet, also dissect all of the elements and study how Willie accomplished what he did. The report itself is a live example of the plan in action. Read between the lines and pay close attention. Your return on investment will be THOUSANDS of times what you pay for this gem. Check it here
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Posted in Internet Martketing at 9:03 am by
A company recently featured in the Wall Street Journal has just released a brand new “cash injection” technology that can quickly boost the profitability of every business on the planet - large and small.
It was just made public moments ago - remember you heard about it here *first* …
http://www.simpleology.com/p/bta/danup/mjletter
They’ve made it surprisingly easy to get started - go check it out.
Oh, they’ve set up a user community and it’s already thriving with extremely useful information.
You may see me there - and you may just be surprised by some of the “big names” you’ll see casually hanging out there, too!
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