Affiliate Marketing
Introduction: Housekeeping your Affiliate Marketing Business
|
Wow,
is this a real Business?
You
bet it is. So treat it with respect!
You
must approach it as you would any other 9 to 5 job that you have
previously or are currently doing
|
GET EDUCATED: As you embark on this road
to financial freedom, you need to educate yourself about money
Robert Kiyosaki’s ‘Choose to be rich’
is strongly recommended. This book guides you on your path and helps
you discover the personality traits that you have that can buoy you on
your way to financial freedom. It helps you build a better relationship
with money and helps you to achieve the mindset necessary to
maintain wealth. He also teaches you about money management.
To view this and other
Robert Kiyosaki books click on the banner
To
view 'Choose to be rich' click the image below
Kiyosaki’s
book is only a
primer; you need to embed yourself in finances. Watch the business
segment of the news on TV, read the financial part of your dailies,
surround yourself with people who want to better themselves, attend
seminars, subscribe for free newsletters that are related to
affiliate marketing
WORKING HOURS:
In your day time
job you have certain preset working hours e.g. 9 to 5, Monday to
Friday. So why should you not approach affiliate marketing with this
same mindset? Online
home based does not mean slack or informal! Determine what time
of the day works for you, allocate a time duration and stick to it. As
with any other business there will be days when you just don’t feel
like it, so doing this only when the mood takes you is a sure recipe
for failure. Have a work schedule!!
For example,
work at this exclusively between 5 and 7
am every weekday morning. You can start working before the
sun comes up then watch as the world wakes up
BE
PROFESSIONAL: Do not allow interruptions while you are working.
After all have you ever come across a surgeon who stops in the middle
of an operation because he wants to go shopping? This is your business
which has the potential to make you financially independent.
Going about this, while bouncing junior on your knee, just doesn’t
work. In the attention stakes, junior always wins. He’s got a louder
scream!!
KEEP A RECORD OF YOUR
ACTIVITIES:
A simple spreadsheet will suffice. Keep a record of dates, registered
sites, costs, plans, ideas, earnings etc. Because this is an online
business, it is easy to lose track quickly
Whenever you
do anything with regards to your project, make a note in your excel
sheet, be it just surfing the net looking for ideas, or studying your
material. This way you can monitor your input and progress
Make
a note of your
expenses. You will feel more motivated when you find your projects have
made this money back and then some!! Ka-ching!!!
SEPARATE ACCOUNT:
You don’t have to do this but I suggest opening
a separate bank account for your affiliate marketing campaign
Deposit
about $/£1000 in it. All your expenses for this business will
come from here and all your earnings from your campaign should be paid
into this account. This will make it easier for you to monitor your
progress especially if you are not account statement savvy. If you need
a new laptop, build your first site with your old computer. Let that
site earn you the money to buy a new computer. If done right, there
will be no need to further credit your account after your initial
deposit
Also makes
calculating your
taxes easier
MOTIVATE YOURSELF:
Get material that motivates you. Surround yourself with people that
will support you in your business. People who are also looking to
better themselves. A great website is www.selfgrowth.com
Pay your
taxes. Like any other business, your income is taxable
Stumble It!
Disclaimer
Privacy Policy
|