Thoughtful planning is an important contributor to business success, whether it is a one-person Internet business or a Fortune 500 company. What I will be doing here is helping you develop a simplified business plan that will aid you in charting and measuring your progress. You start by defining your goals.
What are the goals for your Internet business? This is a fundamental question every entrepreneur needs to ask themselves. Why are you in business? What do you hope to accomplish and when? Goals can be defined as what you want your business to be when it grows up. One way of setting goals is to describe your company one year from now. How much will you be earning? What will be your major sources of revenue? What will you have accomplished over that time period? What will you be most proud of? The rest of the planning process is mapping out what needs to be accomplished to move your business toward this ideal future.
You need to set a reasonable number of goals, one is probably not enough and twenty would be way too many. The goals relate to a time period as well, a year, or perhaps six months, is a good target. The Internet changes so rapidly that it is not always practical to plan further than one year out. But each year, you can update your plan and adjust it based on how your company has performed and what you have learned.
Setting Goals and Objectives walks you through the process of setting the goals and objective you need to achieve success.
So now, I set myself up for a challenge. I have 365 days and a budget of $00.00 to show myself if I can make money on the Internet. I have several options: sell affiliate products, earn Adsense revenues, develop and sell my own product. I have to start from scratch. I will update here my progress as well as the way how I will be doing. See 'ya next time here.:)
What are the goals for your Internet business? This is a fundamental question every entrepreneur needs to ask themselves. Why are you in business? What do you hope to accomplish and when? Goals can be defined as what you want your business to be when it grows up. One way of setting goals is to describe your company one year from now. How much will you be earning? What will be your major sources of revenue? What will you have accomplished over that time period? What will you be most proud of? The rest of the planning process is mapping out what needs to be accomplished to move your business toward this ideal future.
You need to set a reasonable number of goals, one is probably not enough and twenty would be way too many. The goals relate to a time period as well, a year, or perhaps six months, is a good target. The Internet changes so rapidly that it is not always practical to plan further than one year out. But each year, you can update your plan and adjust it based on how your company has performed and what you have learned.
Setting Goals and Objectives walks you through the process of setting the goals and objective you need to achieve success.
So now, I set myself up for a challenge. I have 365 days and a budget of $00.00 to show myself if I can make money on the Internet. I have several options: sell affiliate products, earn Adsense revenues, develop and sell my own product. I have to start from scratch. I will update here my progress as well as the way how I will be doing. See 'ya next time here.:)
