4 Steps Towards Successful Online Entrepreneurial Decision Making
By admin on Oct 19, 2007 in Blogging Tips
There seem to be more and more respectable people telling you what the best way to make money online is. Brian Clark says to think of the future and that Teaching Sells. Ed Dale says buying and selling websites is a hot market at the moment and at the same time we are given the timeless advices from Probloggers in Yaro Starak’s Blog Mastermind about how blogging is a great way to make money online.
With So Many Gurus Poking You In Different Directions What’s A Blogger To Do?!
You can think of success as collecting a pearl held captive in a clamshell down at the bottom of the sea. You could keep trying to swim down to get it over and over again, barely giving enough time between each attempt to catch your breath until you give up.
OR
You can go back to shore, tell a couple of trustworthy friends about it and figure out a way to work together to get the pearl to the surface.
Method For Making Important Entrepreneurial Decisions
1. Take a few days off to get out of any blogging routines that may be preventing you from adapting and starting new projects. During this time there must be no secret brainstorming or dwelling on what to do. Not taking the time out is like trying to come up with a brilliant idea to get the pearl while still treading water far out at sea.
2. Spend a couple of days brainstorming and get all your ideas written down. I suggest having a casual read of 63 Constructive Opinions on the Best Way to Make Money Online at Dosh Dosh. I emphasise casual because if any of the 63 people who left their ideas there actually thought they were good enough to make big money online, they would have done it themselves rather than telling everyone else about it, although there are plenty of ideas to build upon there.
3. Develop your ideas by chatting to like-minded blogging contacts who you know also have big aspirations. Talk to the ones you can trust about your ideas and get feedback and possibly find JV partners.
4. Make your decision and stick to it. Kristopher Jones, The CEO of PepperJamSearch profoundly said on Next Internet Millionaire; “your experience will be different if you approach it with absolute certainty“. This stood out to me as an important life lesson. After all if you have a fantastic plan but you don’t believe in it, you are unlikely to carry it out fully.
Conclusion
With so many success stories appearing each day I find it impossible to simply stick with a simple blogging plan and my aims keep getting higher and higher as milestones are reached. The most important thing is to start at number 1 and continue the journey, rather than treading water until it is too late.
P.S. For more entrepreneur tips see Dragons’ Den Success.
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You shouldn’t only stick to the decision you make but also believe that it’s the right decision and will help you in your path to success.
By the way, congrats on reaching 200 readers
Thanks, next stop 1000
I’m a big fan of #2. Actually writing ideas down, refining them, and then repeating is a great way to give some direction to your idea. I’m a big fan of iterative design whether it is business plan, blog, software design, or anything else in life.
200 RSS readers, well done matt!
Being one of the 63 people who contributed to Maki’s list, I felt somewhat diminished by your comment on it.
I may not be good enough to make big bucks right now, but that doesn’t mean I can’t share my views and personal experience on that subject. I’m trying to learn more and experiment with various things, so that I’ll be able to earn good, meaningful amounts in the future. By the way, this is the reason why I’m subscribed to cool blogs like yours. Besides, among those 63 people there are some who actually make lots of money online.
“With So Many Gurus Poking You In Different Directions What’s A Blogger To Do?!”
I’ve been thinking A LOT about it lately, and to tell you the truth I planed to write a very similar article on this subject. Now I’ll have to put that on hold, since yours came first.
Among your tips, I believe #4 is the best one, or at least it’s the one that suits me best at this point.
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[…] You would think that after 4 months more experience of blogging, choosing what to work on and invest in would be easer, but I find it is the exact opposite. Sure, I have more knowledge but that means far more options have appeared resulting in picking which ideas to go with very tough. I’ve found myself scrambling around Entrepreneur.com reading articles like this one about idea overload. This is not because I do not have a plan, but rather because I have too many plans and only a few months to execute them. Perhaps I should take a re-read of my old article about Online Entrepreneurial Decision Making. […]