[Lesson] How to make a business grow consistently

 Let's start with how to make a business grow easily.

The secret of making a business grow easily is to make it go viral.

For example, restaurateurs strive to give you a unique dining experience, so that you will take photo and share it in the social media.

That's a typical viral marketing strategy that you can see often nowadays, across the retail and service industry.

But that is not good enough.

If you can take viral marketing to the next level, you will be able to grow your business consistently.

How do you do that?

The idea is to design your business such that your users promote your business without actually promoting it.

Let's take Google as a case study.

Google doesn't really need to promote itself because its users are doing that, for free.

For example, Gmail is probably Google's best viral marketing tool. Everyone using Gmail is indirectly promoting Google. The brand name of Google will be known for generations!

Another example is Google Analytics.

Google Analytics is a great tool for webmasters, but why is Google giving it free?

Because it is a great way to bring webmasters from all over the world for free. These webmasters are Google's potential advertisers. I am not surprised everyone who uses Google Analytics may eventually end up buying some Google Adwords!

To be frank with you, LeadsLeap does the same thing.

We create free tools for internet marketers. When they use our free tools, they are indirectly promoting LeadsLeap.

The more users we have, the more promotion we get automatically, and the more new users we will get in return.

Can you see the viral effect?

It all happen automatically.

Many marketers depend on advertising as the main traffic source.

Advertising is good, but if you only depend on advertising to get traffic, the cost of acquiring a customer will be very high.

You can make advertising much cheaper if your users can promote your business simply by using your products/services.

Imagine every customer your advertisement bring in can eventually bring you 10 more customers, directly or indirectly, the advertising cost of acquiring a customer will be reduced by 10 times!

So, if you want to build a business that grows easily and consistently, be sure to answer this question:

"How do I make my users promote my business without them having to promote it at all."

To your success,
Kenneth

First ez clix sale

 Hello

I have made my first EZ clix sale hurray, its $3, which doesn't sound much, but its monthly, so will build up.

EZ clix is autopilot traffic platform, just plugging your traffic, and build your downline on auto.

Join here today.

Miriam

New survey site

 Hello

I have added a new site to the list, it pays upto $7 per survey, very easy to use, what more is there to say.

Please go to this link, to find out more.

Miriam

[Lesson] 2 ways to achieve financial freedom

 Before we talk about financial freedom, we first have to talk about Wealth.

What is Wealth?

My definition of Wealth comes from Robert Kiyosaki.

"Wealth is NOT a measurement of how much money you have but how long you can live without working."

In other words, wealth is a measurement of Time, not Money.

Having financial freedom means being able to live infinitely long without working.

There are two ways to achieve financial freedom.

#1 - Make a lot of money, so much that you can't spend it all in your life.

This is the most straight-forward thinking of achieving financial freedom.

It is what most people have in mind.

The question is,

How much is enough?

How long does it take to make those money?

How much effort is needed in the process?

What are the opportunity cost, in terms of health, family etc?

Too many people work too hard to make money, only to realize that they have lost their health and family in the process. When they are old with money, it may be too late.

Fortunately there is another way to achieve financial freedom....

#2 - Make monthly passive income, such that your monthly income is more than your monthly expense.

Let's say your total monthly expenses is $10,000.

If you can generate a passive income of $10,000 from businesses, property rentals, stock dividends and/or bond interest, then you've technically achieved financial freedom.

It may sound difficult because I've set a high target of $10,000. If you start with a target of $1k monthly passive income, it's not that hard to achieve a few hundreds from each of the sources above.

If you can achieve $1k of passive income, achieving $10k is just a matter of scaling up and time.

Like training your body fitness, your financial fitness will improve as you work on it.

Method #2 is more practical and achievable, and you are more likely to achieve financial freedom at a younger age.

If you are quick enough, you may have already noticed that there are two sides of the equation.

One side is your monthly expenses. Another is your monthly passive income.

If your home and car are fully paid for, you may be able to reduce your monthly expense to perhaps $5000. Then you just need $5000 passive income a month to achieve financial freedom.

But bear in mind that using Method #2, there is no permanent financial freedom.

During economic crisis, your passive income is likely to shrink significantly, but your expenses are likely to stay the same.

So it is important to keep a reserve and keep your expenses reasonably low.

Also bear in mind that any form of passive income will still require 'work'.

But this 'work' is not an 8 to 5 job, and ideally, it is something that you love doing.

I regularly ask myself this question:

"What will I do when I retire?"

If my answer is,

"I'll do what I am already doing!"

then I know I am on the right track!

Build a business around what you love doing and work towards building your passive income while keeping your expenses reasonably low. Achieving financial freedom is just a matter of time.

Passive income at its best!

 Hello

I have been paid by Warrior plus, they are a good portal, for promoting passive income sites.

You cannot promote the sites direct, its against the Warrior Plus rules, so your best bet, is to use a splash page, like Second Splash.

Do let me know, if you need any help with this.

Miriam

intoads@gmail.com

Fun Quiz that 90% can't solve..

 I've got a quick & fun little quickie quiz for you today:

Here's the question: What's the utmost IMPORTANT
ingredient for starting a successful business online?

This is going to be multiple choice:

A) a Finely Tuned Funnel

B) a Professionally Produced Webinar

C) a Costly eMail Software

D) None of the Above

And your answer IS...?

D-R-U-M   R-O-L-L....Please...

Answer, should have been (D) - None of the above

Now, here's the right answer…

YOU MUST TAKE ACTION!

Without action,

Every known resource at your fingertips

will NOT get you one single step closer to your goal.

But… It must be the RIGHT action!

I’m about to show you EXACTLY what action you need to take…

(HINT: It’s just a few simple easy-peasy steps)

[Lesson] How I stay focused amidst distractions

 Back in 2005 when I was preparing for my first online business, there were no Whatsapp and Social Media. The only distractions were email and SMS.

Nowadays, there are a lot more distractions.

Most of them are not only unproductive but counter-productive.

I'm sure you know what I mean.

All the endless chatting and scrolling on social networks...

I used to love working at night, because that was the time when most people had slept. I usually worked until 2am.

But now that I know sleeping late is bad, I try to sleep before 11pm and wake up at 6am.

Without the quietness of late night, and with increasing distractions from Social Media, and from kids! (I love this distraction, but they are still distraction from business aspect), I had to find another way to get the focus I need.

Here is a trick that has worked for me.

1) Plan and create an action list

I have a 1-2 year plan. It doesn't require changes too often once I have decided on one.

Then I have an action list, which details all the things I need to complete in order to achieve the plan.

This list is what I look at regularly.

This list is ever changing because whenever I have a new idea, I will add it to the list. Whenever something is done, I will remove it.

Everyday I work on the things in the list.

The amount of time to work on the list is not fixed, because it depends on how fast I can finish the daily business chores, which is not in the list, but necessary to operate the business.

I just have to make sure that things in the list are progressing.

What I'm trying to achieve is this...

Imagine you've set a goal to run 50km. It doesn't matter how long you run everyday, as long as you run, it's just a matter of time before your goal of 50km is achieved.

So, by creating a detailed action list and working on the list regularly, I can be assured that my big plan will eventually be accomplished.

2) Set aside a certain time to ONLY work

Another thing I do to keep myself focused, is by setting a certain time that is only dedicated to creative work.

During this time, I will refrain from checking emails and messages.

Honestly, my 'undisturbed' time is not long. Just 2 hours a day, from 10am to 12pm.

Here is how my typical working day looks like:

8:30am ~ 10am - I start work at 8:30am and strive to finish most of the business chore by 10am.

10am ~ 12pm - This is my 'undisturbed' time. I work on things in my action list in these hours. No email, no message, no phone.

12pm ~ 1:30pm - It is still working hours, but it will not be so intense. I give myself the flexibility to do other things while working.

After 1:30pm - After 1:30pm, the kids are back from school. I will check and reply emails, because they do not require much focus. Other than that, I am free to do anything I want, with the kids or for myself.

As you can see, I don't really work a lot. But this way of time management has helped me to keep the business growing.

There are many people who seem to be working hard everyday but practically achieve little things.

Why?

Because they are not focused.

One can be sitting in front of the computer whole day, working on stuffs.

Question is, are they taking focused actions that lead to a definite goal?

No. Most people work spontaneously.

2 hours of focused action is far better than a whole day of spontaneous work.

To your success,
Kenneth