Tuesday, June 19, 2007

advice from the experts

I collected my prize from Wendy last night, it was an hour long conversation with her and Shoemoney aimed at helping me grow my online business. It was eye-opening to say the least.

At some level I felt undeserving of the prize because I am hardly an internet marketer and I think I may have sounded like a complete dork because I really didn’t know what questions to ask! But they were great to speak with, and certainly gave me a lot to think about.

It was a very interesting experience having experts critique my online business strategies, or lack thereof! Some of the projects that I thought could possibly be a good source on online income turned out to be not-so-great ones, and surprisingly the projects that I am doing just out of love were the ones that they both thought had the potential to succeed. I got some really good ideas to make the things that I am already doing more successful, and also a lot of general tips.

The most important things for success, according to Shoemoney are:

• Measurable Goals
  which are essential for any project, a set of quantifiable goals so that you know if you are succeeding
• Plan
  have a strategy, know how to achieve your goals
• Make progress everyday
  this one is key for someone like me, because it’s easy to feel overwhelmed, which can be really counter-productive, so focusing on a little progress everyday makes things seem a bit more manageable

And for online businesses:

• User Acquisition
• Scalable Projects/Technology
• Focus on New & Future Technology

Wendy had awesome ideas for my personal online pursuits, which I will be blogging about in the coming weeks, as I start implementing them. It was a great opportunity, thanks to Wendy!