PLEASE do not say you “have no budgetâ€. Unless you’re based in a third world country and living off scraps – in which case you’re an unlikely buyer of this course – you DO have at least “some†financial resources.
They may be very modest – the current financial squeeze causes hardship for almost everyone. But at the very least, you need to have a bare necessary minimum to get started with your own online business.
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The good news is – setting up shop “online†can be significantly cheaper than in the “offline†world. And in 99 cases out of 100 it is MUCH cheaper.
Before we look into this, first let us dispel a myth that you can make money online “for freeâ€. While there are methods out there which can, in isolated circumstances, result in incomes without “direct investments†– they’re few and far between and even those methods are not actually “free,†unless you’re using someone else’s computer and resources!
Your budget MUST include the following:
- Your household electricity & computer
- Annual hosting (can be paid monthly).
- Domain (can be paid annually)
- Sufficient funds to either (a) learn how to do everything in this book yourself, which we don’t generally recommend because you’ll probably burn out really fast! – or (b) sufficient funds to outsource most of that work
- Your time and opportunity costs (i.e. what you might be losing or foregoing while studying and developing your business)
Use an Excel spreadsheet (or any other) to make those calculations.
Budget “something†for outsourcing of the most mundane tasks. Even if it’s just $10! Get into the habit of outsourcing. Most marketers FAIL because they try to do everything themselves. In the above chapters, we showed you how to do research. Most of that involves very little skill and only boring looking up, copying/pasting and typing. Are you sure you don’t want to pay someone else to do this for you?
Naturally, you’ll want to do the first run yourself, in order for you to know exactly how to instruct your outsourcers. But after that, please don’t burn yourself out working FOR your company instead of ON it!
Outsource using resources such as Fiverr, WarriorForum, Guru, eLance – and other similar ones which you can simply Google. You can also get the highest quality help from MEW (Outsourcing management).
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| Book 3 – Chapter 55Scaling Up |
Course Overview | Book 3 – Chapter 57The Future |
Book 3: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, , 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, Overview
Bonuses: templ, lib, tips, kwds, models Link Res: aff, class, cpa, cpv, cpc, write, mob, outs, rss, soc, traff, var, exch, srcs, vid Sub-courses: sens adw, aff, ar, bkm, cpy, cp, fb, fun, goo, lst, loc, mem, opt paid, ppal, sbox, prod, seo, opt, socn, vidm, host, wp, lnch
