Your Web Business - Fun or Profit?

By Paul Barrs

HOME
More Articles
There are a series of interesting questions that arise around how much time and effort you should put into the web side of your business.

Things like: 'How much time should I invest?", "How much do I need to understand?", "When is enough money enough - will I ever start making money?"

To be able to answer these questions you need to first discover your exact reasons for having a website - in it's simplest form - is it for fun or for profit?

Let me explain…

Each week I invest between 15 - 20 hours reading and researching what's happing in the Online Marketing world. Here I make a difference between what other businesses have as a web presence and what they are actually doing Online. 80% of that time is pure research following up on what other web-marketers are doing, and the kind of results that they are achieving. For me that's fun.

Why so much time? Because it's my business (or at least part of it).

In total I run five different businesses, three of which are entirely online and generate no source of income other than that which is ordered, processed and transacted online (pure e-commerce). However, the other two offline businesses are also supported by websites and focus on teaching other business people how to market their products and services Online. Even more interesting is the fact that I only have one product - these five different businesses all sell the same product to different demographic marketplaces in slightly different formats. This is my profit.

And so, this is the reason why I spend so much time in research and development. But what about you?

As an overall percentage of gross income, what portion is produced by your website (or to a greater extend, what are it's possibilities)?

Look at the diversity in marketing strategies that are utilised offline: Paid advertising (yellow pages / trade mags / directories etc…); Flyers, brochures, mail outs; how about networking and partnership building.

Each of these produce results through phone calls and sales. It is exactly the same Online. Whether you are into this "Internet marketing" thing or not, you need to at least understand enough to be able to make it both fun and profitable.

In the Online world, you can also participate in paid advertising through paid search engine inclusion, directory placements, pay per click advertising, ezine advertising. You can also invest in mail outs through your own and other eNewsletters - and such relationships are built through partnerships and networking.

If your web business appears to be nothing more than a chore at the moment, invest the time to understand the correct online marketing principles that will produce results - then, you will begin to see the profit (where your website generates more income that it cost to set up and run).

When that happens you can then enjoy the profit - which makes the whole exercise "fun".

That is after all, why you're in business, right?

With understanding and knowledge comes power. This power is the power to take action based on informed decisions. Those actions are the catalyst towards momentum and increased cash flow. That cash flow is directly related to your lifestyle and retirement (unless of course you want to work 24/7 and die in your office.)

It is my understanding that no one man or woman ever lay on their deathbed and wished to have spent more time working to create greater wealth. Wouldn't you agree?

You web business can return both fun and profit. The question is, does it? And if it doesn't - what are you going to do about it?

Paul Barrs
.

=======================================

Paul Barrs is the creator of "The Complete Guide to Home Business Success", as well as being a professional speaker, trainer and presenter. He would like to offer you a free subscription to his "Home Business Gold Online Audio e-Magazine" where each week you'll receive a free audio seminar delivered to your in-box. To get your subscription, go now to http://www.paulbarrs.com/ today.

Website Marketing Secrets Revealed!

  From the Desk of Paul Barrs.
Queensland Australia.
Tuesday, 2.30 PM.		 Three Years Ago my Finances were on the Brink of Disaster - My First Website took Six Months to get Online and didn't Make a Cent ...

Last month I created a Brand New Website in just 5 days - and it Generated $11,357.00 in Less Than a Week! Discover How You Can Build Your Own eBusiness with my System Here
  Paul Barrs - eBusiness Mastery
 
 
 
Subscribe to our 9-part FREE web traffic course. These tips will skyrocket your web traffic over night.

As a special thank you, you will receive FREE software and eBooks. Just for signing up.

Free Newsletter Image

Please submit your information to receive this amazing course straight to your inbox.
 

Email Address:
First Name:
Last Name:

What's New

Get serious with your Internet business and read my new book. "The Online Business Startup Guide"

Click Here to download this free PDF report now.

What's Hot

We love free stuff. Especially if it's free and valuable. Harvey Segal's "101 Super Tips" is definitely worth reading.

Click Here to download this free eBook now.
Before you continue reading, we like to thank you for stopping by and address a few concerns you might have. In the age of online fraud and privacy concerns I’d like to get your attention for just a couple of minutes.

  • We are taking online privacy very serious. Please read our privacy policy and how we protect your privacy.
  • If you subscribe to our newsletter you can unsubscribe at any time and you will never hear from us again.

To give you an idea who is behind this website please click here to read more about Internet Marketing Tools and its founder Peter Dobler.  

 

Hot Links


Latest Marketing News

Check Out The New Warrior Forum

The Warrior Forum is around for a long time. Created by Allen Says, it developed from an insider forum into the most visited internet marketing forum ...

My friend, is your system working for you? Read about EarthFriendlyBiz below!

Hello my friend,Things are really heating up online andoffline.And even with things heating up, I'm still seeing some who aren't growing ... I...

Know Your Keywords

For years you heard the gurus preaching that pay per click advertising is the way to go when it comes to driving qualified traffic to your website. Pa...

SITEWEALTH CLUB Everbody needs MONEY and this Club PAYS!

 How would you like to wake up to some extra cash for the holidays and beyond?  I DO NOT usually endorse very many programs but I think this...

Now you can build a list on autopilot...

If you've ever tried building your own list, then you'll know that it's not exactly easy work. It can be time consuming, labor intensive a...

Give Away Auto Responder Accounts!

Hi there,If you can give away auto responder accounts you canstart building your own list. All you have to do isvisit my website and you can take your...

Let s Talk Turkey

I am a membership site owner for quite some time and I think I saw it all, but lately I am just amazed on some of the reactions I get for the Power Bl...

Product Review: Web Traffic Juggernaut

  Web Traffic Juggernaut is a new site that says it guarantees more web visitors and online advertising with very little effort or cost.&nbs...

Manage Your Affiliate IDs In One Place

Maybe you've never heard of the Power Blog. Maybe you did, but you have no idea. Chances are that you just arrived at this website for the first t...

The Power Blog Is On Fire

The Power Blog is a steady fixture in the internet marketing space since 2005. For over 3 years new features have been added and there's not end i...

 

Complete Money Making Site Setup FREE!
Click here to Launch 5 Automated Income Streams in 24 Hours!


Terms of Service - Earnings Disclaimer - Privacy Policy
 

Weekly Specials

Residual Income
Our List of the Top Income Opportunities

Articles & Tips
Tips and Advice to Improve Your Online Business

Internet Marketing
Marketing Services for Your Online Business

Recommended
Some of the TOP Internet Marketing Products

eBooks
Recommended Reading

Website Promotion
Getting Visitors to Your Site

Website Development
Making Website Productivity Easier
Turn $25 into $2000
Empowerism Image

Get your free gift below:
SFI Image



E-mail Website Owner:
Peter Dobler

Visit our Real Estate site at Pinellas County Real Estate

SiteMap

Site map Search

Top Home Biz Resources

 
 

Ringtones
The technology supporting the ringtone explosion is able to protect companies from illegal pirating of their content.

Secured Loan
Secured loan information and advice from the experts at Moneyextra.

Consolidate Debt
Consolidate debt fast and easy.

Books
Deals on books.

Wills
Wills are complicated, let moneyextra help.