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3 Simple Tips To Organize Your Business And Life

Here’s a fact: Being an entrepreneur and business owner is hard work.

To worsen things, an issue many entrepreneurs face is not properly organizing their business or life, resulting in a fall in business efficiency and efficacy.

This problem is an especially poignant one for people who are just starting out. As your business is budding, there is a high chance that it may take over your entire life and you would have to spend 100% of your time on it.

However, I believe that with proper organization (and the tips I’ll share with you below), it is still possible to achieve work-life balance while maintaining your effectiveness as a business owner.

Tip #1: Set your priorities

This is very important. Firstly, you need to get your priorities right. If there is a task that needs to be done, do it. Make sure your deadlines are met. Plan your time, use a to-do list, and stick to it.

The best to-do list I’ve ever seen are ones that have time limits set to them. For example, if you have 7 tasks for the day, make sure you specifically set out how much time you are going to spend on each task.

Also, be sure to prioritize your tasks for the day, and as you start on your day, begin with your biggest and most important projects.

One more thing… As you go about building your business, be sure not to forget/neglect your family and friends. After all, you are an entrepreneur because you want to have more freedom while giving your family and friends a better life, right?

Tip #2: Weigh your opportunity cost

Everyone of us, from the President of the United States to the street vendor selling cotton candy, has the same 24 hours every day. It never is a lack of time which causes you to achieve less. Rather, it is a lack of prioritization that can be the bottleneck to your success..

There will always be times where you need to make a decision to choose where to spend your time. At 3:00 PM today, are you going to attend your son’s first ever football match, or would you be stuck in the meeting room attending a regular business meeting? If you miss the meeting, what worst would happen? If you miss your son’s match, what would happen? Understanding the consequences will help you to make better decisions.

This same principle can also be applied to making business decisions. Check your opportunity cost, understand the consequences of your actions, then decide. Never make snap decisions out of guilt, peer pressure, or temporary factors like anger.

Tip #3: Simplify and automate

In general, you want to keep things simple in your life so that you can automate them and use your remaining energy to focus on other important tasks.

For example, one way you can simplify your business and life is to automate the payment of bills (instead of you queuing up at the bank or having to go to a machine every month). Set up auto-payments from a single bank account, keep an adequate balance in it, and you will never have to worry about missing payments (especially when due dates are usually different).

If you are using social media to promote your business, instead of manually posting on each platform individually, there are tools out in the market to help you post to various sites at one go. An example of such a tool is HootSuite.

The tips above are simple and intuitive. However, implementing them and making them become a habit may take some time. Practice them regularly so that improvements can be made fast and you can start seeing better results resulting from your business activity.

Why Do People Fail At Internet Marketing?

There are many success stories in the Internet Marketing world but at the same time there are also failures. Internet Marketing is a REAL Business. It is as real as opening a company offering products and services.  A lot of people may start Internet Marketing as a “part-time job” to earn extra income to supplement the income from their full-time jobs. But many fail to realize that Internet Marketing is a real business.

This brings me to the number one reason why people fail at internet marketing. Mindset. If you are going to treat internet marketing as a part time job, then you will only receive part time income.  Fair enough? Even though you may be starting this part-time, always remember that this is a real business. Internet Marketing can improve and change your life forever. Why do you want to only treat this like a “hobby”.  Even if you may be operating in a niche that you are passionate in, but if you are looking for a substantial income from Internet Marketing, you need to switch your mindset to understand that this is a REAL business. This is not an overnight get-rich-quick scheme.

Next, since you are doing business on the internet, there are tons of information available and many proven profitable systems. We understand that trying to stay focus is very difficult as there may be  an “easier” system available. Hence, we hopped from products to products, programs to programs. Most of the time, these products and programs can truly help you to succeed in Internet Marketing; however, not focusing on the training and not following through can easily leads to failure.  Many may complain about information overload which happens to almost everyone when starting out but learn to filter off what is necessary and what is unnecessary.

Once you are able to focus on one proven system, the next step is taking actions. Taking wrong actions is as bad as not taking any action. A lot of the people have access to very good training material that they can apply to start their internet marketing journey. However, most of the time, many will not take any action to actually implement or follow through the training. Some will implement the training method in their own ways instead of what is taught.  When the result is not what they expected, they blamed the product.  The key is taking massive correct actions and following instructions.

Some have taken actions in creating and promoting their websites but did not see any result immediately and claimed that they had failed. Let’s go back to the first point. Are you treating this like a real business? Do you open a restaurant and tried once or twice to get customers and give up after one or two times? This is an issue with many of the newbies which is giving up too early and too easily.

So, don’t fall into these pitfalls. Be focus and start taking massive correct actions and treat this like a REAL Business!