Planning----------------------------------------------------------- Planning Always plan before you start! I won't tell you why is it so essential to plan but will explain you how planning will help you. I'm sure you know that there are many new companies coming on the Net. All the want to get rich. All they have huge budgets. All they look realistically on their company's future. But only 5% of them succeed. WHY? Because these 95% of the unsuccessful businesses don't plan their growth. They only invest without thinking why and most importantly how much. Now the successful 5%... They plan. Before starting they plan how much, why and where they'll give. They also plan their investments so that they could be sure that they won't run out of cash. So when you start any business(on or off line) or just sell new product - always plan your work. 1. See what's the most important stuff that you MUST buy. Not just need but must. The stuff without which you can't do business. 2. See how much you'll have after buying this stuff. Add some more stuff that could be useful. Do you still have money? If yes - OK. If no - try searching for the cheapest prices and make sure that you will always have some extra money! 3. Find out on what you could have to give money also. 4. In easy words - try to foresee even the most unbelievable situations. And of course always make some that you can get out of them! Don't just plan - ACT. The problem with many of the 'newbies' is that they plan too much. I mean they only plan. There was a great article in Terry Dean's ezine(WebGold) about this. I'll try to get it for you in some of the next issues in my ezine ( mailto:subscribe-netprofitmap@profit-position.com ). However the article was about 2 guys named Bob. The first one made the planning, bought several ebooks and started acting. The second one made the planning, bought several ebooks...then more, more, and so he was just planning and reading. So of course after some time the 2nd Bob ran out of money because he was just reading, planning and scared to start (he taught the this is easier than acting). But the 1st one acted so he got money(he planned it). Then he made another plan for his further growth and followed it. And if they had the chance to meet after some time I'm sure that the 1st one would have much more money than in the beginning. And the 2nd one would still read his books... The moral: Always with You towards Success! Dmitry Nanev This article courtesy of http://directoryestateplanning.com. You may freely reprint this article on your website or in your newsletter provided this courtesy notice and the author name and URL remain intact. |
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