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Please consider this free-reprint article written by:
Tim Whiston
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Article Title: The Anatomy Of Profit Building
Author: Tim Whiston
Word Count: 559
Article URL: http://www.isnare.com/?aid=76477&ca=Marketing
Format: 64cpl
Author's Email Address: tim[at]netmarketingexposed.com (replace
[at] with @)
Easy Publish Tool: http://www.isnare.com/html.php?aid=76477
================== ARTICLE START ==================
Every day new Internet entrepreneurs are faced with sales
letters that promise to show them how to make millions of
dollars. That sure sounds nice, but how can you expect to
strike it rich if you�re not even sure of how to make your
first buck online?
Following is a realistic and achievable outline for reaching a
profit with your web business.
Determine Your Initial Expenses -
Obviously, one of the first things you need to do is structure
your monthly spending. It is important that you know exactly
how much money is going out, so you can determine how much
return you need to reach a profit.
I recommend only investing in the necessities until you start
generating some type of an income. Web hosting, mailing list
management, a good tracking utility, and a basic advertising
budget are examples of essential expenses.
Once you account for all your monthly expenses, you will know
exactly how much income you need to realize a profit. But as
the saying goes, you must learn to crawl before you learn to
walk.
Become Self-Funding -
I encourage you to think large in terms of what you wish to
achieve with your Internet marketing ventures. There is
absolutely no reason why you can�t make a nice full time living
from this business if you plan diligently and work hard.
But let�s take this one step at a time. The first thing you
need to do is generate enough money each month to cover your
operating costs.
This way, you aren�t spending money out of your own pocket to
keep your venture afloat. Naturally, you�ll have to go
out-of-pocket in the beginning, but you should set a goal of
making your business self-funding (meaning it pays for itself)
as quickly as possible.
With a well structured game plan, and a strong work ethic,
there is no reason you can�t become fully self-funded within 3
to 6 months. Individual results will vary, but this is
certainly a realistic time frame if you stay focused.
The Rest is Gravy�. Sort of -
Once you achieve a recurring income that exceeds your
operational expenses, you are officially in profit. But let�s
not schedule the victory parade just yet.
There is one more thing to consider when evaluating your
earnings. How much of your time is required to generate
whatever amount of money you take in each month?
Your time is precious, and should not be undersold. If you�re
spending 10 hours each day to pull in an extra $50 per month,
I�d say there is room for improvement.
The last thing I want to do is squash the life out of you here.
A small profit is still better than what 99% of the people in
this industry ever achieve, so once you reach the point where
you are getting back more than you are putting in, please pat
yourself squarely on the back.
At the same time, you should not be prepared to settle for what
I like to call �prison wages�. Demand an amount of compensation
that reflects the value of your time, and work hard to make
this demand a reality.
About The Author: Tim Whiston is a full-time entrepreneur and
internet marketer. He assists small businesses in his local
area and Internet entrepreneurs with the development of a
profitable web presence. Check out Tim's comprehensive suite of
Internet Marketing Solutions today. http://timwhiston.com
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