Wednesday, December 27, 2006

Three Mistakes That Even Smart Entrepreneurs Make

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I want to ask you a very serious and difficult question.

Are you an Internet Marketing millionaire? After hours of work, maxed out credit cards, endless hours staring a websites - are you still broke and frustrated?

If you are, you are in good company. The dirty little secret of Internet Marketing is that their is no magic formula. There isn't a secret success system that has been revealed to an elite few.

In fact, success in Internet Marketing is based on the same principles that has created wealthy entrepreneurs since time began. Ignorance of these principles have derailed many hopeful would-be millionaires.

Let's take a moment to take at three of the most deadly.

1. Sickly Goals
Simply having the goal to "Make Money" isn't enough. Far from it, this type of statement is a wish dressed in goal's clothing.

The legendary Napoleon Hill, "Think and Grow Rich", insisted that wealth began with the constant reading of a powerful goal.

A powerful goal has three simple parts: 1) What is your goal, 2) How do you plan to attain it, and 3) When do you plan to have reached your goal?

2. Wrong Product or Service
What are you "Scary Good" at doing. Here are some examples of people who are "Scary Good" at what they do -

Steve Jobs is "Scary Good" at creating new markets out of thin air (Macintosh, iPods, iBook)

Tiger Woods is "Scary Good" at playing golf. So good that other professional tour players dread having to play in his foursome!

Jeff Bezos is "Scary Good" at being an Affiliate Marketer. What? You say? Think about this way - Jeff doesn't manufacture a single product - he just promotes and ships another's product. Yep, you got it - Jeff is a very clever and brilliant Affiliate marketer.

If you think that you have no unique goals - think again. Every human being has a unique genius to offer.

For you, its the talent that comes effortlessly to you. When you are using your "Scary Good" talent, time seems to fly, ideas spring to mind, and others stand in awe as you work your magic.

Internet Marketers who fail - cut corners and decide to simply sell someone else's products. Don't get me wrong, I love affiliate marketing, but I also know that real financial reward come when I am using my unique talents.

Read on - we have now come to the deadliest dream killer on the list -

3. Distraction
Have you ever felt this way -

You spend hours in front of your computer, visiting web sites, designing web pages, buying eBooks one after another, and at the end of the day your head is spinning and your are exhausted.

The problem, you say, is that " There is just too much to do!" What really has happened is that you've been paralyzed by lack of focus. You're distracted.

I believe that distraction is enemy "Number 1" to new online marketers. The internet is a virtual candy store for new whiz bang tools, magical ebooks, and must-see private discussion forums. It is easy to bounce from product to product and not get anything done! Yep, you're busy - but not productive.

However, if you have a crystal clear goal that is linked to your "Scary Good" talent, you will find that you can beat distraction for good.


Now, here's the good news.

You now know where the potholes are on your road to success. All you have to do now is avoid them. You can set powerful goals. You can dig deep and discover the unique money-making talent. And, you can guard your time and tame distraction to stay focused on your goal.

It won't be long before another new Internet Marketer will come to you and ask the question -" How do I Succeed on the Internet". Make sure you pass it on.

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