Could My Internet Business Really Make Money?
"Help! My internet business isn't making any money!" Okay, take a deep breath. Feel better? Good! ;-)When it comes to making a money tree (like an online business) the rules stay the same:
- Understand your customer
- Find their problem
- Communicate your solution
That's it! It sounds simple but we make it so complicated to protect our egos. It's time to drop our egos for the sake of making money - what do you think? ;-)
Let's get down to business: if you follow this practical advice for just 90 days you will be able to live off of your business that much more! Not only that but you'll be sending it in the right direction.
"Financial Freedom here I come!" ;-) ahem...
Before we talk about how to make money without working, let's talk more about making a money tree that will take care of you.
You want to ask yourself three fundamental questions - the same questions that I ask myself as I build my internet business.
Does My Internet Business Focus on My Customers?
Too many people start a business to make money. Sure that may work for some, but if you're just starting out then that mindset will lead you to disaster.
Why? Because you have to get your passion in it! So if you want your e-business to work I recommend finding people you empathize with.
What do those people face everyday? What is their life like? What do they do day-in and day-out? And most importantly, how can you be of service?
When it comes to making a money tree that lasts, having one that serves its' community is a powerful one!
STEP 1 - get a pad and paper and start describing your target customer. What is their income level? What are the demographics? Are they men or women?
Note: When I got serious about finding my ideal customer I decided to get my free copy of Make Your Words Sell! (It's at the bottom of the page.) It helped me pinpoint my ideal customer which made building my business a lot more fun!
"How did it make it more fun?" Because as I worked on my internet business I felt like I was talking someone I care about (like an old friend!)
Does My Internet Business Solve a Problem?
This is very important. Too many people build a business with the idea is that they can make money without working or caring. That's just not true.
You see, money is a way for the customer to say "thank you" for solving their problem. So what problem is your business solving?
Not only that, but what problem do you want to solve! You see, making a money tree that works comes from finding something you're passionate about!
"Passionate about?" In other words it's about finding a problem that you genuinely want to see solved! It's about being able to fix a small part of the world that you wished was fixed already!
STEP 2: Find a problem your customers have that you're passionate about solving and that you're able to solve!
Don't worry about the money aspect just yet. If your business genuinely solves a problem that people have, they will come to you and will gladly give you money for your solution.
If you're having a hard time finding something a problem that's worth solving, I again recommend getting your free copy of Make Your Words Sell! (It's at the bottom of the page.)It has tools and practical exercises that will get you pumping passion back into your e-business.
Start enjoying the business-building process again! ;-)
Does My Internet Business Communicate My Solution Accurately?
When it comes to helping your customers, it's like giving food to a hungry yet cautious kitten. You just want to take care of her and feed her food but she's not coming to you!
Deep down you're thinking "Why won't this kitten just take it? She's hungry and I have what she wants!"
Well, we all know the answer - she's cautious and has enough on her mind already. Also she might not know that you have what she wants simply because you haven't communicated it well enough!
What do you do? You put some food where she's comfortable and leave her with it. You create a warm environment where she feels safe and can trust your intentions!
Then, and only then, will she trust you and what you're offering her.
The same goes for your customers.
- Do they know who you are?
- Do they like what you're offering them?
- Can they really benefit from what you're giving them?
These are just some of the questions that your customers are asking themselves when they're looking at what your e-business can do to help them.
STEP 3 - For a better understanding on how to present yourself to your customers I recommend taking a look at Make Your Words Sell! (It's at the bottom of the page.) and applying its' proven techniques to get you and your customers talking!
My Conclusion to Making Your e-Business Succeed!
When I think of my internet business I think of Superman. He can relate to the people he's helping, he is passionate about solving their problems and has proven himself enough to where the people trust him!
Maybe it's time to turn your site into one as well? If you work on making a money tree with this mindset for just 90 days I guarantee that you'll be pleasantly surprised.
Just watch out for the kryptonite! ;-)
